SHE:301571 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Cash & Equivalents	312.09	448.55	102.52	260.26	557.61	60.37	Upgrade
Trading Asset Securities	-	-	-	-	7	-	Upgrade
Cash & Short-Term Investments	312.09	448.55	102.52	260.26	564.61	60.37	Upgrade
Cash Growth	-49.66%	337.53%	-60.61%	-53.90%	835.23%	247.03%	Upgrade
Accounts Receivable	769.1	718.17	530.32	287.24	166.39	101.74	Upgrade
Other Receivables	7.01	2.69	5.46	4.86	8.23	9.49	Upgrade
Receivables	776.11	720.85	535.78	292.1	174.62	111.23	Upgrade
Inventory	700.43	520.74	470.45	338.26	112.98	42.33	Upgrade
Other Current Assets	433.13	199.04	113.59	165.54	175.52	73.02	Upgrade
Total Current Assets	2,222	1,889	1,222	1,056	1,028	286.95	Upgrade
Property, Plant & Equipment	489.14	302.15	263.51	152.49	107.12	20.58	Upgrade
Long-Term Investments	71.64	37.99	30.3	30.8	14.37	5.05	Upgrade
Other Intangible Assets	9.11	10.28	10.4	16.32	22.85	23.13	Upgrade
Long-Term Deferred Tax Assets	19.16	17.08	7.2	2.28	1.75	1.32	Upgrade
Long-Term Deferred Charges	5.74	2.73	3.73	5.13	3.12	1.49	Upgrade
Other Long-Term Assets	193.95	248.24	57.2	41.57	28.8	32.41	Upgrade
Total Assets	3,010	2,508	1,595	1,305	1,206	370.93	Upgrade
Accounts Payable	73.81	54.17	50.21	48.71	129.23	4.98	Upgrade
Accrued Expenses	20.39	22.45	18.89	17.52	10.7	6.32	Upgrade
Short-Term Debt	892.4	547.89	230.25	65.09	-	27.02	Upgrade
Current Portion of Leases	3.74	6.88	8.78	11.67	6.56	3.49	Upgrade
Current Income Taxes Payable	14.64	11.68	11.46	9.18	8.12	2.23	Upgrade
Current Unearned Revenue	23.34	14.9	9.93	10.21	9.68	1.88	Upgrade
Other Current Liabilities	5.14	4.86	21.24	26.15	19.09	0.3	Upgrade
Total Current Liabilities	1,033	662.82	350.75	188.52	183.38	46.23	Upgrade
Long-Term Leases	10.39	2.64	6.55	4.93	12.8	4.84	Upgrade
Long-Term Unearned Revenue	-	-	3.15	3.15	2.53	-	Upgrade
Other Long-Term Liabilities	5.47	4.38	2.6	1.62	1.03	0.41	Upgrade
Total Liabilities	1,049	669.85	363.05	198.23	199.74	51.48	Upgrade
Common Stock	179.43	179.43	134.57	134.57	134.57	8.42	Upgrade
Additional Paid-In Capital	1,178	1,178	787.54	787.54	789.9	293.8	Upgrade
Retained Earnings	582.84	474.32	301.64	174.85	77.35	19.08	Upgrade
Comprehensive Income & Other	22.25	0.28	3.74	3.35	-	-	Upgrade
Total Common Equity	1,962	1,832	1,227	1,100	1,002	321.3	Upgrade
Minority Interest	-1.03	6.08	4.14	6.22	4.17	-1.84	Upgrade
Shareholders' Equity	1,961	1,838	1,232	1,107	1,006	319.46	Upgrade
Total Liabilities & Equity	3,010	2,508	1,595	1,305	1,206	370.93	Upgrade
Total Debt	906.53	557.41	245.58	81.69	19.36	35.36	Upgrade
Net Cash (Debt)	-594.44	-108.86	-143.06	178.58	545.24	25.02	Upgrade
Net Cash Growth	-	-	-	-67.25%	2079.66%	103.07%	Upgrade
Net Cash Per Share	-3.30	-0.73	-1.06	1.32	4.68	0.29	Upgrade
Filing Date Shares Outstanding	179.43	179.43	134.57	135.41	134.57	85.23	Upgrade
Total Common Shares Outstanding	179.43	179.43	134.57	135.41	134.57	85.23	Upgrade
Working Capital	1,188	1,226	871.58	867.64	844.35	240.72	Upgrade
Book Value Per Share	10.94	10.21	9.12	8.13	7.44	3.77	Upgrade
Tangible Book Value	1,953	1,821	1,217	1,084	978.98	298.17	Upgrade
Tangible Book Value Per Share	10.89	10.15	9.04	8.01	7.27	3.50	Upgrade
Machinery	-	250.41	174.32	153.12	93.99	23.24	Upgrade
Construction In Progress	-	99.41	109.46	-	-	-	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.