SHE:002908 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	194.74	494.47	499.93	524.72	410.49	284.34
Trading Asset Securities	157.35	-	-	-	-	-
Cash & Short-Term Investments	352.09	494.47	499.93	524.72	410.49	284.34
Cash Growth	16.36%	-1.09%	-4.72%	27.83%	44.36%	-6.74%
Accounts Receivable	399.69	403.78	499.05	538	583.5	551.92
Other Receivables	15.37	11.47	16.29	15	14.06	12.13
Receivables	415.06	415.25	515.34	553	597.56	564.05
Inventory	66.5	57.95	74.83	101.77	125.96	123.36
Prepaid Expenses	-	0.48	0.1	3.36	-	-
Other Current Assets	25.21	16.91	11	9.82	8.07	15.32
Total Current Assets	858.85	985.06	1,101	1,193	1,142	987.07
Property, Plant & Equipment	218.72	175.97	123.58	68.26	33.94	30.48
Long-Term Investments	-	-	0.15	1.54	2.72	3.7
Goodwill	75.12	75.12	82.93	92.51	76.32	80.07
Other Intangible Assets	200.12	205.62	212.09	218.78	222.59	228.78
Long-Term Deferred Tax Assets	32.88	24.11	19.38	19.71	14.28	9.79
Long-Term Deferred Charges	2.42	1.16	1.56	1.38	1.62	2.32
Other Long-Term Assets	1.05	0.97	1.36	1.31	1.45	1.09
Total Assets	1,389	1,468	1,542	1,596	1,495	1,343

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	151.91	164.78	203.4	187.01	157.13	197.26
Accrued Expenses	10.51	32.54	39.28	45.69	50.31	53.02
Short-Term Debt	21.93	-	-	16.68	-	53.38
Current Portion of Long-Term Debt	5.54	2.69	0.59	-	-	4.66
Current Portion of Leases	-	1.57	5.52	4.51	8.02	6.96
Current Income Taxes Payable	4.53	2.42	3.22	4.42	5.02	8.25
Current Unearned Revenue	26.47	25.07	55.51	36.52	39.3	41.41
Other Current Liabilities	64.11	73.07	80.04	86.79	82.86	63.61
Total Current Liabilities	285	302.14	387.56	381.63	342.64	428.54
Long-Term Debt	46.62	33.85	11.2	-	-	41.31
Long-Term Leases	5.2	-	1.56	4.71	0.19	2.99
Long-Term Unearned Revenue	-	-	-	-	0.01	0.09
Long-Term Deferred Tax Liabilities	0.4	0.47	0.56	0.64	1.84	0.82
Total Liabilities	337.22	336.45	400.88	386.98	344.68	473.75

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	431.43	431.43	431.43	431.43	308.65	200.93
Additional Paid-In Capital	260.24	261.6	263	288.08	405.86	313.91
Retained Earnings	385.56	464.03	476.42	477.37	434.67	342.89
Treasury Stock	-43.11	-49.57	-49.57	-20.27	-20.27	-1.68
Comprehensive Income & Other	-0.9	-1	-1	-1	-1	-
Total Common Equity	1,033	1,106	1,120	1,176	1,128	856.06
Minority Interest	18.72	25.07	21.08	33.58	22.41	13.49
Shareholders' Equity	1,052	1,132	1,141	1,209	1,150	869.55
Total Liabilities & Equity	1,389	1,468	1,542	1,596	1,495	1,343

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	79.29	38.11	18.87	25.9	8.21	109.3
Net Cash (Debt)	272.8	456.36	481.07	498.82	402.28	175.04
Net Cash Growth	-1.36%	-5.13%	-3.56%	24.00%	129.82%	-29.10%
Net Cash Per Share	0.65	1.06	1.13	1.16	0.96	0.44
Filing Date Shares Outstanding	428.29	428.29	426.54	431.43	432.11	393.83
Total Common Shares Outstanding	428.29	428.29	426.54	431.43	432.11	393.83
Working Capital	573.85	682.93	713.64	811.04	799.43	558.53
Book Value Per Share	2.41	2.58	2.63	2.72	2.61	2.17
Tangible Book Value	757.98	825.75	825.26	864.32	829.01	547.21
Tangible Book Value Per Share	1.77	1.93	1.93	2.00	1.92	1.39
Machinery	-	67.75	68.88	70.19	67.26	61.46
Construction In Progress	-	154.49	99.2	37.65	3.46	1.33