SHE:301601 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	Dec '20 Dec 31, 2020
Cash & Equivalents	332.47	237.64	323.46	567.85	443.76	139.75
Short-Term Investments	-	80	-	-	-	-
Cash & Short-Term Investments	453.47	317.64	323.46	567.85	443.76	139.75
Cash Growth	40.20%	-1.80%	-43.04%	27.96%	217.54%	231.75%
Accounts Receivable	360.27	260.51	291.6	243.55	108.29	105.57
Other Receivables	5.33	4.01	4.18	29.16	40.07	1.56
Receivables	365.59	264.52	295.79	272.7	148.36	107.13
Inventory	204.54	206.97	230.24	223.63	189.7	67.82
Prepaid Expenses	-	0.12	-	-	-	-
Other Current Assets	150.19	123.75	131.74	123.6	86.58	45.63
Total Current Assets	1,174	913	981.23	1,188	868.41	360.34
Property, Plant & Equipment	700.09	670.07	608.79	130.77	54.33	42.46
Long-Term Investments	64.1	116.67	108.82	112.2	116.71	98.53
Goodwill	36.83	36.83	36.83	36.83	36.83	36.83
Other Intangible Assets	52.34	55.77	51.15	49.76	13.27	8.8
Long-Term Deferred Tax Assets	23.98	18.14	8.55	4.33	3	2.31
Long-Term Deferred Charges	8.4	2.33	2.39	2.73	0.16	0.26
Other Long-Term Assets	37.12	39.56	43.83	136.38	71.78	15.28
Total Assets	2,097	1,852	1,842	1,661	1,164	564.8
Accounts Payable	203.29	125.75	215.22	193.34	122.02	28.31
Accrued Expenses	2.24	30.31	32.16	34.94	31.22	18.71
Short-Term Debt	-	-	0.03	-	-	-
Current Portion of Long-Term Debt	0.52	35.33	0.34	0.14	-	-
Current Portion of Leases	-	2.56	1.88	0.81	0.77	-
Current Income Taxes Payable	6.31	9	0.56	13.04	7.44	0.92
Current Unearned Revenue	295.14	263.83	352.54	489.32	349.39	189.08
Other Current Liabilities	35.49	102.16	112.11	72.08	54.17	26.11
Total Current Liabilities	542.98	568.94	714.84	803.67	565.01	263.13
Long-Term Debt	230	315	311.28	137.3	-	-
Long-Term Leases	0.37	3.87	4.76	4.79	5.6	-
Long-Term Unearned Revenue	51.84	41.4	-	-	-	1
Long-Term Deferred Tax Liabilities	1.99	1.37	1.71	1.7	2.14	1.85
Total Liabilities	827.18	930.57	1,033	947.46	572.75	265.97
Common Stock	140.48	105.36	105.36	105.36	105.36	79.2
Additional Paid-In Capital	743.59	413.53	399	384.43	369.84	170.5
Retained Earnings	435.06	437.89	330	231.3	118.43	49.78
Comprehensive Income & Other	-49.93	-33.97	-23.36	-6.45	-1.33	-0.65
Total Common Equity	1,269	922.81	811	714.64	592.3	298.83
Minority Interest	0.27	-1	-1.99	-1.31	-0.57	-
Shareholders' Equity	1,269	921.81	809	713.33	591.73	298.83
Total Liabilities & Equity	2,097	1,852	1,842	1,661	1,164	564.8
Total Debt	230.89	356.76	318.28	143.04	6.37	-
Net Cash (Debt)	222.58	-39.12	5.18	424.81	437.39	139.75
Net Cash Growth	4198.83%	-	-98.78%	-2.88%	212.98%	235.74%
Net Cash Per Share	1.73	-0.37	0.05	4.05	5.27	1.76
Filing Date Shares Outstanding	140.48	140.48	105.36	104.95	105.36	79.21
Total Common Shares Outstanding	140.48	105.36	105.36	104.95	105.36	79.21
Working Capital	630.81	344.07	266.39	384.12	303.4	97.21
Book Value Per Share	9.03	8.76	7.70	6.81	5.62	3.77
Tangible Book Value	1,180	830.21	723.01	628.05	542.2	253.19
Tangible Book Value Per Share	8.40	7.88	6.86	5.98	5.15	3.20
Buildings	-	57.84	57.84	-	-	38.87
Machinery	-	71.38	70.03	-	-	47.34
Construction In Progress	-	609.52	541.19	-	-	-

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