SHE:300019 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	529.75	909.13	932.24	898.27	728.49	934.05
Short-Term Investments	21.04	163.3	21.97	-	-	-
Trading Asset Securities	30.06	70.1	-	100.32	224.19	-
Cash & Short-Term Investments	580.85	1,143	954.21	998.59	952.68	934.05
Cash Growth	-36.39%	19.74%	-4.44%	4.82%	1.99%	212.74%
Accounts Receivable	1,056	958.94	1,057	731.85	716.25	824.09
Other Receivables	10.17	57.81	73.61	4.32	4.67	5.73
Receivables	1,066	1,017	1,131	736.17	720.92	829.82
Inventory	598.24	466.16	482.16	314.9	275.94	369.76
Other Current Assets	170.71	32.05	72.15	32.24	11.31	48.07
Total Current Assets	2,416	2,657	2,639	2,082	1,961	2,182
Property, Plant & Equipment	1,112	1,092	1,060	792.9	672.63	626.5
Long-Term Investments	150.21	86.88	135.56	153.75	-	-
Goodwill	73.1	73.1	73.1	44.57	44.57	44.57
Other Intangible Assets	121.74	124.14	118.71	90.26	93.73	84.13
Long-Term Deferred Tax Assets	32.26	30.99	19.53	16.26	13.29	14.27
Long-Term Deferred Charges	29.02	26.69	26.6	21.29	1.61	0.8
Other Long-Term Assets	13.52	10.28	17.44	19.58	32.64	11.41
Total Assets	3,947	4,102	4,090	3,221	2,819	2,963

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	776.42	758.16	834.47	336.18	196.31	605.44
Accrued Expenses	51.15	136.03	111.14	57.96	68.09	72.1
Short-Term Debt	80.04	175.11	251.19	275.67	234.5	82
Current Portion of Long-Term Debt	9.21	19.01	23.02	2.8	-	-
Current Portion of Leases	-	2.34	0.98	1.15	1.25	1.33
Current Income Taxes Payable	20.78	22.3	13.15	12.23	11.9	12.93
Current Unearned Revenue	76.38	62.06	62.54	41.47	33.81	49.14
Other Current Liabilities	92.69	100.41	189.04	10.35	18.15	24.82
Total Current Liabilities	1,107	1,275	1,486	737.81	564.01	847.76
Long-Term Debt	-	-	-	17.22	-	-
Long-Term Leases	5.69	7	0.51	0.95	1.93	2.92
Long-Term Unearned Revenue	83.42	83.59	32.48	20.53	22.66	24.57
Long-Term Deferred Tax Liabilities	8	8.66	8.53	3.74	4.11	4.34
Other Long-Term Liabilities	16.08	18.4	3.5	1.69	1.62	2.14
Total Liabilities	1,220	1,393	1,531	781.94	594.35	881.72

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	393.12	393.12	393.12	391.06	391.09	391.13
Additional Paid-In Capital	823.45	823.45	833.74	837.06	826.01	824.42
Retained Earnings	1,502	1,483	1,323	1,202	1,005	871.65
Treasury Stock	-	-	-	-	-1.29	-8.27
Comprehensive Income & Other	8.28	9.04	10.25	7.98	4.53	2.72
Total Common Equity	2,727	2,709	2,560	2,439	2,225	2,082
Shareholders' Equity	2,727	2,709	2,560	2,439	2,225	2,082
Total Liabilities & Equity	3,947	4,102	4,090	3,221	2,819	2,963

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	94.94	203.46	275.68	297.8	237.68	86.25
Net Cash (Debt)	485.91	939.07	678.53	700.79	714.99	847.8
Net Cash Growth	-19.54%	38.40%	-3.18%	-1.99%	-15.67%	-
Net Cash Per Share	1.24	2.39	1.73	1.79	1.83	2.22
Filing Date Shares Outstanding	393.12	393.12	393.12	391.06	391.13	391.07
Total Common Shares Outstanding	393.12	393.12	393.12	391.06	391.13	391.07
Working Capital	1,309	1,382	1,154	1,344	1,397	1,334
Book Value Per Share	6.94	6.89	6.51	6.24	5.69	5.32
Tangible Book Value	2,532	2,512	2,368	2,304	2,087	1,953
Tangible Book Value Per Share	6.44	6.39	6.02	5.89	5.34	4.99
Buildings	-	799.44	662.5	476.91	468.15	412.22
Machinery	-	813.88	700.01	496.81	421.11	397.2
Construction In Progress	-	44.99	186.85	178.18	108.05	92.06