SHE:002806 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	96.91	104.21	142.2	64.21	108.5	82.11
Short-Term Investments	-	-	-	-	-	30
Trading Asset Securities	-	-	-	-	1.69	69.51
Cash & Short-Term Investments	96.91	104.21	142.2	64.21	110.19	181.63
Cash Growth	-22.01%	-26.72%	121.45%	-41.73%	-39.33%	-48.64%
Accounts Receivable	704.23	677.87	627.98	437.32	386.8	464.51
Other Receivables	15.01	17	41.21	2.87	4.11	4.2
Receivables	719.24	694.87	669.19	440.18	390.91	468.7
Inventory	270.31	302.14	290.74	209.32	254.94	161.39
Other Current Assets	54.8	54.64	52.73	41.98	44.43	29.37
Total Current Assets	1,141	1,156	1,155	755.69	800.47	841.09
Property, Plant & Equipment	461.18	487.16	498.45	526.65	446.33	376.22
Long-Term Investments	28.15	29.79	25.91	38.31	47.18	30.61
Goodwill	245.66	245.66	245.66	245.66	489.79	489.79
Other Intangible Assets	100.22	109.15	111.95	124.56	136.77	148.51
Long-Term Deferred Tax Assets	15.65	15.51	15.01	19	11.9	20.37
Long-Term Deferred Charges	4.6	5.03	4.52	3.03	3.83	4.93
Other Long-Term Assets	3.41	2.14	6.38	6.93	3.28	2.35
Total Assets	2,000	2,050	2,063	1,720	1,940	1,914

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	374.16	331.05	316.12	190.17	212.84	160.26
Accrued Expenses	9.37	22.13	25.48	20.09	21.3	26.68
Short-Term Debt	179	188	179.52	155	159.9	85
Current Portion of Long-Term Debt	20.42	37	166.7	15	-	-
Current Portion of Leases	-	2.88	2.6	4.42	4.94	7.55
Current Income Taxes Payable	5.38	1.1	6.67	0	0.11	10
Current Unearned Revenue	4.04	4.21	4.81	4.39	6.33	2.23
Other Current Liabilities	146.33	185.06	172.77	85.72	89.76	136.27
Total Current Liabilities	738.7	771.43	874.66	474.8	495.17	427.99
Long-Term Debt	100	95	127	316.83	211.14	178.86
Long-Term Leases	2.04	4.68	6.84	0.59	3.45	5.63
Long-Term Unearned Revenue	37.92	40.53	43.97	47	28.2	51.86
Long-Term Deferred Tax Liabilities	3.49	3.52	4.83	8.36	8.76	10
Other Long-Term Liabilities	12.04	-	-	-	0.09	0.25
Total Liabilities	894.19	915.17	1,057	847.59	746.82	674.58

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	212.48	212.48	196.23	190.15	189.3	191.7
Additional Paid-In Capital	1,168	1,168	997.99	937.08	928.65	962.5
Retained Earnings	-266.37	-236.13	-206.38	-292.59	31.71	40.91
Comprehensive Income & Other	-13.39	-13.28	14.84	34.37	40.1	40.33
Total Common Equity	1,101	1,131	1,003	869.01	1,190	1,235
Minority Interest	4.84	3.7	2.78	3.23	2.96	3.85
Shareholders' Equity	1,106	1,135	1,005	872.24	1,193	1,239
Total Liabilities & Equity	2,000	2,050	2,063	1,720	1,940	1,914

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	301.45	327.56	482.65	491.85	379.43	277.04
Net Cash (Debt)	-204.54	-223.35	-340.45	-427.64	-269.24	-95.41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.96	-1.12	-1.63	-2.25	-1.40	-0.47
Filing Date Shares Outstanding	212.48	212.48	196.23	190.15	189.3	191.7
Total Common Shares Outstanding	212.48	212.48	196.23	190.15	189.3	191.7
Working Capital	402.56	384.43	280.21	280.89	305.3	413.1
Book Value Per Share	5.18	5.32	5.11	4.57	6.29	6.44
Tangible Book Value	755.22	776.63	645.07	498.8	563.21	597.14
Tangible Book Value Per Share	3.55	3.66	3.29	2.62	2.98	3.11
Buildings	-	402.44	381.95	208.28	208.28	171.91
Machinery	-	431	417.26	465.85	435.02	429.73
Construction In Progress	-	5.08	-	179.04	86.26	39.99