SHE:301575 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
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	Jan '21 Jan 1, 2021
Cash & Equivalents	664.79	136.16	91.5	103.52	77.92	70.66
Cash & Short-Term Investments	664.79	136.16	91.5	103.52	77.92	70.66
Cash Growth	-	48.81%	-11.62%	32.87%	10.26%	441.25%
Accounts Receivable	334.64	293.18	235.63	179.61	149.28	128.18
Other Receivables	7.55	10.15	9.28	7.91	11.77	6.6
Receivables	342.19	303.33	244.91	187.53	161.04	134.78
Inventory	211.91	206.46	183.47	201.77	188.19	135.19
Other Current Assets	41.92	48.62	20.3	44.59	15.4	8.9
Total Current Assets	1,261	694.57	540.17	537.41	442.55	349.53
Property, Plant & Equipment	588.57	574.86	526.88	454.8	286.92	175.21
Other Intangible Assets	32.62	33.41	33.86	37.05	33.42	18.99
Long-Term Deferred Tax Assets	3.44	3.15	3.01	2.15	0.47	0.8
Long-Term Deferred Charges	1.56	1.54	1.48	0.17	0.36	0.36
Other Long-Term Assets	27.55	11.56	10.95	46.03	47.85	4.27
Total Assets	1,915	1,319	1,116	1,078	811.56	549.17
Accounts Payable	111.87	133.18	115.99	96.16	108.54	92.63
Accrued Expenses	16.55	30.43	27.03	28.34	24.61	22.1
Short-Term Debt	193.64	210.21	140.05	110.12	110.16	136.18
Current Portion of Long-Term Debt	21.4	20.14	20.18	20	10	-
Current Portion of Leases	-	2.08	2.28	0.05	1.71	1.19
Current Income Taxes Payable	8.1	9.25	15.97	1.24	1.77	0.26
Current Unearned Revenue	16.32	14.17	8.43	12.65	9.56	7.69
Other Current Liabilities	7.25	30.95	20.29	125.49	68.81	1.45
Total Current Liabilities	375.14	450.39	350.24	394.04	335.16	261.48
Long-Term Debt	122.3	92.3	102.3	172.66	74.11	-
Long-Term Leases	2.85	3.34	5.12	-	0.39	1.31
Long-Term Unearned Revenue	24.78	25.65	28.69	52.18	40.51	0.32
Long-Term Deferred Tax Liabilities	16.56	16.38	16.94	9.57	5.27	-
Total Liabilities	541.63	588.07	503.29	628.46	455.44	263.12
Common Stock	86.67	65	65	65	65	65
Additional Paid-In Capital	550.87	27.03	27.03	27.03	27.03	27.03
Retained Earnings	735.39	638.99	521.04	357.12	264.1	194.02
Shareholders' Equity	1,373	731.02	613.07	449.16	356.13	286.05
Total Liabilities & Equity	1,915	1,319	1,116	1,078	811.56	549.17
Total Debt	340.2	328.06	269.94	302.83	196.36	138.68
Net Cash (Debt)	324.59	-191.9	-178.44	-199.3	-118.44	-68.01
Net Cash Per Share	4.88	-2.94	-2.74	-3.06	-1.83	-1.05
Filing Date Shares Outstanding	86.67	65	65.04	65	65	65
Total Common Shares Outstanding	86.67	65	65.04	65	65	65
Working Capital	885.67	244.18	189.94	143.36	107.39	88.05
Book Value Per Share	15.84	11.25	9.43	6.91	5.48	4.40
Tangible Book Value	1,340	697.61	579.21	412.1	322.71	267.06
Tangible Book Value Per Share	15.46	10.73	8.90	6.34	4.96	4.11
Buildings	-	337.37	330.27	268.17	137.82	102.3
Machinery	-	273.17	241.08	233.07	162.79	146.02
Construction In Progress	-	70.01	17.65	50.93	85.85	10.26

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