SHE:000590 Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	98.43	177.71	177.29	189.77	235.42	250.68
Trading Asset Securities	25	-	-	-	25.11	75.15
Cash & Short-Term Investments	123.43	177.71	177.29	189.77	260.53	325.83
Cash Growth	-34.60%	0.24%	-6.58%	-27.16%	-20.04%	-4.99%
Accounts Receivable	81.79	68.94	103.15	154.4	117.16	124.81
Other Receivables	19.23	16.14	90.28	60.51	30.11	6
Receivables	101.02	85.08	193.43	214.91	147.27	130.82
Inventory	122.85	109.57	124.78	130.09	118.22	86.59
Prepaid Expenses	-	0.52	2.32	-	0.03	0
Other Current Assets	16.55	5.98	2.17	4.79	3.06	10.65
Total Current Assets	363.86	378.87	499.99	539.55	529.11	553.88
Property, Plant & Equipment	321.78	308.31	312.66	293.81	289.75	240.89
Long-Term Investments	23.45	23.02	20.03	20.9	19	19
Goodwill	-	-	13.2	131.64	137.14	-
Other Intangible Assets	119.61	123.45	131.06	132.33	157.44	133.69
Long-Term Accounts Receivable	-	2.03	3.09	5.05	7.42	-
Long-Term Deferred Tax Assets	14.75	14.9	8.18	4.09	5.23	4.97
Long-Term Deferred Charges	5.92	7.4	6.29	3.32	2.93	1.82
Other Long-Term Assets	26.44	31.49	18.92	20.42	19	13.57
Total Assets	875.8	889.47	1,013	1,151	1,167	967.83

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	92.88	64.07	73.24	83.55	64.01	41.67
Accrued Expenses	23.4	38.97	43.88	46.62	50.8	40.37
Short-Term Debt	-	-	0.75	-	25.82	-
Current Portion of Long-Term Debt	10.4	20.06	11.01	10	10.1	-
Current Portion of Leases	-	1.1	2.94	2.36	2.69	3
Current Income Taxes Payable	2.98	0.03	6.8	2.3	3.4	3.85
Current Unearned Revenue	25.03	36.15	45.33	50.12	56.13	53.42
Other Current Liabilities	37.16	40.95	52.31	53.82	58.45	44.68
Total Current Liabilities	191.86	201.33	236.26	248.77	271.42	186.98
Long-Term Debt	70.57	50	82.22	80	90	-
Long-Term Leases	0.31	0.81	1.49	3.07	5.18	5.59
Long-Term Unearned Revenue	44.17	44.98	43.99	42.44	44.37	46.29
Long-Term Deferred Tax Liabilities	5.13	5.81	5.15	5.91	7.47	0.02
Other Long-Term Liabilities	38.88	37.05	43.07	42.72	46.09	46.62
Total Liabilities	350.91	339.98	412.18	422.92	464.53	285.5

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	239.47	239.47	239.47	239.47	239.47	239.47
Additional Paid-In Capital	473.95	473.95	474.06	474.06	474.06	474.06
Retained Earnings	-189.62	-165.81	-115.29	10.18	-15.06	-33.21
Total Common Equity	523.8	547.61	598.25	723.72	698.47	680.32
Minority Interest	1.09	1.87	2.99	4.49	4.03	2
Shareholders' Equity	524.89	549.49	601.23	728.2	702.5	682.32
Total Liabilities & Equity	875.8	889.47	1,013	1,151	1,167	967.83

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	81.28	71.97	98.42	95.43	133.79	8.58
Net Cash (Debt)	42.15	105.74	78.87	94.34	126.74	317.24
Net Cash Growth	-47.63%	34.07%	-16.40%	-25.56%	-60.05%	-6.13%
Net Cash Per Share	0.18	0.44	0.33	0.39	0.53	1.32
Filing Date Shares Outstanding	239.04	239.47	239.47	239.47	239.47	239.47
Total Common Shares Outstanding	239.04	239.47	239.47	239.47	239.47	239.47
Working Capital	172	177.54	263.73	290.78	257.69	366.9
Book Value Per Share	2.19	2.29	2.50	3.02	2.92	2.84
Tangible Book Value	404.19	424.17	453.98	459.75	403.89	546.63
Tangible Book Value Per Share	1.69	1.77	1.90	1.92	1.69	2.28
Buildings	-	253.52	267.95	247.28	243.93	198.81
Machinery	-	228.54	220.21	197.31	189.09	174.95
Construction In Progress	-	23.09	8.81	23.83	15.21	4.18