SHE:000978 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	132.65	166.39	47.87	61.25	38.94	69.68
Trading Asset Securities	-	-	-	-	1.87	-
Cash & Short-Term Investments	132.65	166.39	47.87	61.25	40.8	69.68
Cash Growth	-30.95%	247.62%	-21.85%	50.09%	-41.44%	50.06%
Accounts Receivable	67.59	40.53	59.39	65.05	57.87	61.62
Other Receivables	37.78	41.24	52.35	59.09	4.03	7.7
Receivables	105.37	81.78	111.73	124.13	86.24	143.48
Inventory	6.59	4.54	4.61	5.58	6.09	5.27
Prepaid Expenses	-	13.07	13.62	1.4	1.51	1.86
Other Current Assets	17.39	6.88	2.7	13.15	32.67	38.37
Total Current Assets	262	272.65	180.52	205.51	167.32	258.66
Property, Plant & Equipment	914.16	946.01	1,043	1,192	1,020	1,080
Long-Term Investments	391.87	525.5	548.66	477.59	472.41	491.85
Goodwill	19.05	19.05	19.05	19.05	19.05	19.05
Other Intangible Assets	306.7	342.22	341.29	361.89	376.48	395.91
Long-Term Deferred Tax Assets	4.09	3.81	3.48	11.46	11.23	9.06
Long-Term Deferred Charges	36.15	38.4	5.04	18.35	20.73	19.93
Other Long-Term Assets	199.54	22.17	16.54	56.12	274.74	281.28
Total Assets	2,134	2,170	2,157	2,342	2,362	2,556

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	56.21	101.92	108.72	71.49	69.98	70.19
Accrued Expenses	9.62	35.87	33.83	47.26	37.15	42.23
Short-Term Debt	17.95	5.15	6.43	6.74	108.14	38.26
Current Portion of Long-Term Debt	132.4	130.24	179.12	166.33	300.42	399.94
Current Portion of Leases	-	0.37	0.13	0.91	2.35	2.25
Current Income Taxes Payable	7.47	2.81	2.05	0.87	0.22	0.22
Current Unearned Revenue	13.53	8.76	5.98	5.36	5.29	6.12
Other Current Liabilities	21.39	36.94	42.68	40.16	30.8	31.75
Total Current Liabilities	258.56	322.06	378.93	339.12	554.35	590.96
Long-Term Debt	718.45	713.35	644.15	672.5	476.86	796.05
Long-Term Leases	1.78	1.66	1.34	1.33	2.5	4.48
Long-Term Unearned Revenue	53.22	49.35	55.26	44.41	44.74	44.4
Long-Term Deferred Tax Liabilities	0.31	0.34	0.2	1.37	1.5	-
Other Long-Term Liabilities	0.19	-	-	-	-	-
Total Liabilities	1,033	1,087	1,080	1,059	1,080	1,436

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	468.13	468.13	468.13	468.13	468.13	360.1
Additional Paid-In Capital	1,318	1,329	1,329	1,329	1,329	971.2
Retained Earnings	-698.88	-713.92	-724.95	-520.49	-509.39	-227.52
Comprehensive Income & Other	-0.03	-0.03	-0.03	-0.03	-	-
Total Common Equity	1,088	1,083	1,072	1,276	1,287	1,104
Minority Interest	13.46	0.03	5.31	7.19	-5.28	16.41
Shareholders' Equity	1,101	1,083	1,077	1,284	1,282	1,120
Total Liabilities & Equity	2,134	2,170	2,157	2,342	2,362	2,556

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	870.58	850.77	831.17	847.8	890.27	1,241
Net Cash (Debt)	-737.92	-684.38	-783.3	-786.56	-849.47	-1,171
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.58	-1.46	-1.67	-1.68	-2.05	-3.25
Filing Date Shares Outstanding	465.54	468.13	468.13	468.13	468.13	360.1
Total Common Shares Outstanding	465.54	468.13	468.13	468.13	468.13	360.1
Working Capital	3.44	-49.41	-198.41	-133.61	-387.03	-332.3
Book Value Per Share	2.34	2.31	2.29	2.73	2.75	3.07
Tangible Book Value	761.85	721.76	711.65	895.52	891.97	688.81
Tangible Book Value Per Share	1.64	1.54	1.52	1.91	1.91	1.91
Buildings	-	1,388	1,416	1,314	1,056	1,065
Machinery	-	623.59	654.35	648.05	670.73	673.29
Construction In Progress	-	1.47	22.85	250.02	234.67	217.86