SHE:301603 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	253.01	382.59	163.94	90.8	91.05	60.33
Trading Asset Securities	-	50.18	-	-	-	75.7
Cash & Short-Term Investments	253.01	432.76	163.94	90.8	91.05	136.04
Cash Growth	-67.72%	163.99%	80.55%	-0.27%	-33.07%	155.10%
Accounts Receivable	1,410	1,021	751.36	689.4	560.69	407
Other Receivables	3.58	132.49	8.17	24.81	25.3	31.78
Receivables	1,414	1,154	759.54	714.21	586.35	439.05
Inventory	951.9	848.32	487.02	561.84	575.19	266.5
Prepaid Expenses	-	0.31	-	2.3	0.44	0.59
Other Current Assets	179.49	39.95	76.32	65.47	43.35	30.68
Total Current Assets	2,798	2,475	1,487	1,435	1,296	872.85
Property, Plant & Equipment	596.69	582.82	482.51	390.35	261.49	143
Long-Term Investments	35.05	29.44	22.93	16.93	12.13	2.37
Goodwill	0.19	0.19	0.19	0.19	0.19	0.19
Other Intangible Assets	84.76	85.99	87.8	62.59	64.76	55.8
Long-Term Accounts Receivable	108.95	102.57	58.74	20.2	11.12	13.42
Long-Term Deferred Tax Assets	40.56	33.41	19.55	18.26	15.84	13
Long-Term Deferred Charges	4.37	4.04	4.09	3.51	5.68	2.38
Other Long-Term Assets	34.95	8.73	10.39	13.7	7.49	2.74
Total Assets	3,704	3,322	2,173	1,960	1,675	1,106
Accounts Payable	841.2	823.15	594.86	352.17	374.81	162.19
Accrued Expenses	62.02	93.76	70.46	76.84	66.43	35.32
Short-Term Debt	-	25.22	13.33	46.62	-	-
Current Portion of Long-Term Debt	-	-	-	20	-	-
Current Portion of Leases	10.44	14.07	9.61	9.6	9.94	-
Current Income Taxes Payable	25.62	13.42	10.03	5.64	31.03	15.74
Current Unearned Revenue	133.71	99.17	47.41	80.47	93.74	67.62
Other Current Liabilities	259.58	152.13	153.97	236.85	211.46	156.02
Total Current Liabilities	1,333	1,221	899.68	828.18	787.41	436.89
Long-Term Debt	-	-	-	41.96	11.12	-
Long-Term Leases	15.48	18.14	3.23	4.06	9.04	-
Long-Term Unearned Revenue	10.7	7.45	9	3.01	3.06	3.44
Long-Term Deferred Tax Liabilities	-	0.01	-	5.98	1.66	0.14
Other Long-Term Liabilities	7.49	5.5	3.76	2.64	1.85	0.76
Total Liabilities	1,366	1,252	915.66	885.83	814.14	441.23
Common Stock	120.76	120.76	90.57	90.57	90.57	90.57
Additional Paid-In Capital	1,074	1,075	392.57	387.01	370.12	358.72
Retained Earnings	1,110	845.86	737.22	568.06	377.49	198.61
Comprehensive Income & Other	22.32	20.97	15.74	11.3	8.22	4.98
Total Common Equity	2,327	2,063	1,236	1,057	846.41	652.88
Minority Interest	10.29	7.68	21.23	17.58	14.53	11.64
Shareholders' Equity	2,337	2,070	1,257	1,075	860.94	664.52
Total Liabilities & Equity	3,704	3,322	2,173	1,960	1,675	1,106
Total Debt	25.93	57.43	26.18	122.24	30.1	-
Net Cash (Debt)	227.08	375.33	137.76	-31.45	60.94	136.04
Net Cash Growth	-68.81%	172.46%	-	-	-55.20%	155.10%
Net Cash Per Share	1.88	3.64	1.52	-0.35	0.67	1.50
Filing Date Shares Outstanding	120.76	120.76	120.76	90.75	90.57	90.73
Total Common Shares Outstanding	120.76	120.76	90.57	90.75	90.57	90.73
Working Capital	1,465	1,254	587.14	606.44	508.96	435.96
Book Value Per Share	19.27	17.08	13.65	11.65	9.35	7.20
Tangible Book Value	2,242	1,976	1,148	994.15	781.46	596.88
Tangible Book Value Per Share	18.57	16.37	12.68	10.96	8.63	6.58
Buildings	-	335.71	293.89	85.42	82.69	47.35
Machinery	-	258.54	204.34	146.27	103.91	82.3
Construction In Progress	-	83.6	63.24	212.09	103.83	47.23

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.