SHE:301631 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 2021	FY 2020	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	559.71	1,391	130.58	57.86	15.01	38.2
Cash & Short-Term Investments	1,390	1,391	130.58	57.86	15.01	38.2
Cash Growth	358.40%	965.02%	125.69%	285.47%	-60.71%	-
Accounts Receivable	1,549	1,580	1,269	712.99	317.72	299.75
Other Receivables	17.42	40.66	18.95	0.85	0.28	0.74
Receivables	1,566	1,620	1,288	713.84	318	300.49
Inventory	869.18	690.01	524.22	321.87	183.05	110.89
Other Current Assets	24.41	11.32	3.88	12.15	10.97	4.89
Total Current Assets	3,850	3,712	1,946	1,106	527.03	454.47
Property, Plant & Equipment	1,139	870.66	556.14	245.06	75.03	57.45
Long-Term Investments	100.06	28.09	27.86	36.5	36.11	24.27
Other Intangible Assets	50.86	50.45	49.3	11.3	1.76	2.06
Long-Term Deferred Tax Assets	92.52	88.37	62.54	23.98	11.08	11.34
Long-Term Deferred Charges	42.72	32.14	29.14	7.83	6.22	6.44
Other Long-Term Assets	30.59	39.62	3.41	5.31	3.6	0.46
Total Assets	5,305	4,822	2,675	1,436	660.82	556.51
Accounts Payable	2,150	1,756	1,182	694.83	288.97	155.39
Accrued Expenses	75.52	91.96	70.35	38.55	26.74	18.99
Short-Term Debt	197.26	145.75	60.96	34.02	1.95	59.92
Current Portion of Long-Term Debt	-	11.55	36.25	-	34.06	6.15
Current Portion of Leases	34.71	35.64	35.03	16.2	-	-
Current Income Taxes Payable	47.41	25.95	21	14.8	2.7	2.46
Current Unearned Revenue	7.81	4.63	2.43	1.29	1.42	0.4
Other Current Liabilities	15.52	14.38	6.9	10.88	19.8	56.95
Total Current Liabilities	2,528	2,086	1,415	810.58	375.64	300.26
Long-Term Debt	-	102.51	55.1	-	-	34
Long-Term Leases	144.38	150.9	110.8	91.61	-	-
Long-Term Unearned Revenue	48.73	48.76	6.2	3.74	1.7	1.06
Long-Term Deferred Tax Liabilities	70.46	74.43	59.78	11.68	7.57	7.48
Total Liabilities	2,792	2,463	1,647	917.61	384.91	342.8
Common Stock	91.41	65.3	48.97	48.97	43.09	43.09
Additional Paid-In Capital	1,213	1,235	163.23	156.83	59.39	53.81
Retained Earnings	1,194	1,044	801.69	297	154.39	116.8
Comprehensive Income & Other	0.81	-0.27	-	-	-	-
Total Common Equity	2,500	2,344	1,014	502.79	256.87	213.71
Minority Interest	13.18	14.9	14.11	15.29	19.04	-
Shareholders' Equity	2,513	2,359	1,028	518.09	275.91	213.71
Total Liabilities & Equity	5,305	4,822	2,675	1,436	660.82	556.51
Total Debt	376.35	446.35	298.15	141.83	36.01	100.07
Net Cash (Debt)	1,013	944.32	-167.57	-83.98	-21	-61.87
Net Cash Per Share	11.56	13.40	-2.45	-1.30	-0.35	-1.11
Filing Date Shares Outstanding	91.41	91.41	68.67	68.55	60.33	60.33
Total Common Shares Outstanding	91.41	91.41	68.67	68.55	60.33	60.33
Working Capital	1,321	1,626	531.48	295.13	151.38	154.21
Book Value Per Share	27.35	25.64	14.76	7.33	4.26	3.54
Tangible Book Value	2,449	2,293	964.59	491.49	255.11	211.64
Tangible Book Value Per Share	26.79	25.09	14.05	7.17	4.23	3.51
Buildings	-	249.82	17.87	17.87	3.65	3.65
Machinery	-	407.92	285.8	136.96	96.99	71.28
Construction In Progress	-	169.02	203.96	25.03	5.25	3.46

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