SHE:001239 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	Dec '21 Dec 31, 2021
Cash & Equivalents	406.41	237.11	338.75	618.21	20.4	68.3
Trading Asset Securities	361.1	215.72	270.19	-	2.24	4.86
Cash & Short-Term Investments	767.51	452.83	608.94	618.21	22.65	73.16
Cash Growth	18.32%	-25.64%	-1.50%	2629.80%	-69.05%	-20.61%
Accounts Receivable	1,272	1,396	1,559	694.24	437.29	314.6
Other Receivables	12.11	14.85	9.15	4.16	4.55	5.78
Receivables	1,284	1,411	1,568	698.41	441.84	320.38
Inventory	875.47	837.38	674.08	330.6	313.24	355.55
Prepaid Expenses	-	0.16	-	-	-	-
Other Current Assets	72.77	28.91	123.97	16.18	7.4	8.7
Total Current Assets	3,000	2,730	2,975	1,663	785.13	757.8
Property, Plant & Equipment	649.8	663.29	661.02	328.13	305.53	281.72
Long-Term Investments	323.05	307.85	-	-	-	-
Other Intangible Assets	130.29	136.75	143.78	40.11	41.41	43.26
Long-Term Accounts Receivable	-	128.18	112.92	73.21	77.42	63.58
Long-Term Deferred Tax Assets	45.47	31.57	24	10.27	10.15	9.78
Long-Term Deferred Charges	1.43	3.83	6.06	2.47	2.46	3.12
Other Long-Term Assets	146.75	12.8	18.4	11	6.32	11.37
Total Assets	4,297	4,014	3,941	2,129	1,228	1,171

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	Dec '21 Dec 31, 2021
Accounts Payable	816.51	567.84	546.76	208.37	167.33	200.1
Accrued Expenses	21.6	35.93	43.91	22.19	27.18	18.36
Short-Term Debt	224.09	246.95	324.32	98.08	24.62	70.43
Current Portion of Long-Term Debt	383.15	167.66	256.44	116.88	247.38	4.15
Current Portion of Leases	-	-	-	2.93	2.79	4.56
Current Income Taxes Payable	17.87	25.75	12.33	17.6	1.42	18.57
Current Unearned Revenue	2.88	2.03	2.66	0.45	1.09	1.21
Other Current Liabilities	76.34	107.02	166.12	17.51	12.75	52.74
Total Current Liabilities	1,542	1,153	1,353	484.01	484.56	370.12
Long-Term Debt	599.94	716.97	540.28	350.32	177.01	330.12
Long-Term Leases	-	-	-	5.43	8.69	11.18
Long-Term Unearned Revenue	61.51	67.16	53.85	41.23	46.17	51.11
Long-Term Deferred Tax Liabilities	33.16	36.3	54.48	19.41	12.92	0.53
Other Long-Term Liabilities	0.06	1.25	15.76	4.98	3.64	5.03
Total Liabilities	2,237	1,975	2,017	905.38	732.98	768.09

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	Dec '21 Dec 31, 2021
Common Stock	240	240	240	240	180	180
Additional Paid-In Capital	779.82	779.49	779.49	779.49	203.29	203.29
Retained Earnings	321.57	330.38	282.84	203.76	112.54	19.23
Comprehensive Income & Other	3.9	4.49	4.44	-0.06	-0.39	0.02
Total Common Equity	1,345	1,354	1,307	1,223	495.44	402.55
Minority Interest	714.54	685.21	617.41	-	-	-
Shareholders' Equity	2,060	2,040	1,924	1,223	495.44	402.55
Total Liabilities & Equity	4,297	4,014	3,941	2,129	1,228	1,171

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	Dec '21 Dec 31, 2021
Total Debt	1,207	1,132	1,121	573.64	460.48	420.44
Net Cash (Debt)	-439.68	-678.75	-512.11	44.57	-437.84	-347.28
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.83	-2.83	-2.13	0.25	-2.43	-1.93
Filing Date Shares Outstanding	240	240	240	240	180	180
Total Common Shares Outstanding	240	240	240	240	180	180
Working Capital	1,458	1,577	1,622	1,179	300.58	387.68
Book Value Per Share	5.61	5.64	5.44	5.10	2.75	2.24
Tangible Book Value	1,215	1,218	1,163	1,183	454.02	359.29
Tangible Book Value Per Share	5.06	5.07	4.85	4.93	2.52	2.00
Buildings	-	423.75	415.7	148.34	138.6	137.83
Machinery	-	853.68	806.24	381.35	353.61	312.77
Construction In Progress	-	10.3	15.32	26.17	9.29	2.09