SHE:300131 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	457.27	525.55	522.77	615.07	610.44	550.47
Trading Asset Securities	0.87	1.74	-	-	-	-
Cash & Short-Term Investments	458.14	527.28	522.77	615.07	610.44	550.47
Cash Growth	-5.36%	0.86%	-15.01%	0.76%	10.90%	20.68%
Accounts Receivable	980.6	1,036	988.4	1,115	1,044	1,064
Other Receivables	13.27	11.66	11.77	13.5	50.69	65.21
Receivables	993.88	1,048	1,000	1,129	1,094	1,129
Inventory	657.28	567.38	644.46	750.61	887.41	826.23
Prepaid Expenses	-	7.91	9.04	4.99	1.41	-
Other Current Assets	77.32	52.46	57.62	66.41	77.39	83.47
Total Current Assets	2,187	2,203	2,234	2,566	2,671	2,589
Property, Plant & Equipment	237.74	184.35	159.18	167.94	168.19	183.64
Long-Term Investments	152.87	157.61	150.44	150.6	181.21	190.24
Goodwill	378.29	378.29	378.29	308.85	308.85	308.93
Other Intangible Assets	507.58	518.31	444.92	347.5	86.19	103.35
Long-Term Deferred Tax Assets	53.41	56.34	59.68	53.28	41.25	35.11
Long-Term Deferred Charges	32.96	49.71	49.79	26.55	6.87	9.4
Other Long-Term Assets	113.58	84.3	117.95	65.94	41.46	42.08
Total Assets	3,663	3,632	3,594	3,687	3,505	3,462

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	461.53	462.88	564.35	582.84	457.76	558.98
Accrued Expenses	18.33	38.7	44.71	37.3	36.95	35.5
Short-Term Debt	973.41	916.09	665.3	751.33	697.32	653.39
Current Portion of Long-Term Debt	128.92	5.85	6.01	6.51	60.15	104.54
Current Portion of Leases	-	10.85	9.01	16.34	11.11	10.63
Current Income Taxes Payable	17.58	7.46	10.03	1.12	4.3	34.61
Current Unearned Revenue	16.45	14.71	10.91	35.28	14.84	31.67
Other Current Liabilities	276.79	357.04	401.26	316.68	303.53	435.85
Total Current Liabilities	1,893	1,814	1,712	1,747	1,586	1,865
Long-Term Debt	35.56	41.35	48.65	59.37	25.86	87.38
Long-Term Leases	27.19	24.21	12.17	20.67	22.75	34.24
Pension & Post-Retirement Benefits	-	3.65	6	9.05	10.17	10.72
Long-Term Deferred Tax Liabilities	10.2	9.64	7.61	10.77	11.78	6.77
Other Long-Term Liabilities	3.76	0.25	67.39	129.09	0.57	0.35
Total Liabilities	1,970	1,893	1,853	1,976	1,657	2,005

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	1,135	1,135	1,135	1,138	1,138	1,070
Additional Paid-In Capital	39.61	33.71	33.71	49.12	271.57	51.31
Retained Earnings	572.49	597.2	570.79	510.51	455.64	397.3
Comprehensive Income & Other	-66.64	-22.83	3.68	9.9	38.82	-32.58
Total Common Equity	1,680	1,743	1,743	1,707	1,904	1,486
Minority Interest	12.85	-3.98	-2.28	3.25	-55.83	-28.22
Shareholders' Equity	1,693	1,739	1,741	1,710	1,848	1,457
Total Liabilities & Equity	3,663	3,632	3,594	3,687	3,505	3,462

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	1,165	998.35	741.15	854.22	817.19	890.18
Net Cash (Debt)	-706.94	-471.07	-218.37	-239.15	-206.74	-339.71
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.58	-0.36	-0.18	-0.22	-0.18	-0.35
Filing Date Shares Outstanding	1,479	1,135	1,135	1,138	1,138	1,070
Total Common Shares Outstanding	1,479	1,135	1,135	1,138	1,138	1,070
Working Capital	293.61	389.3	522.48	818.66	1,085	724.06
Book Value Per Share	1.14	1.54	1.54	1.50	1.67	1.39
Tangible Book Value	794.61	846.49	919.98	1,051	1,509	1,073
Tangible Book Value Per Share	0.54	0.75	0.81	0.92	1.33	1.00
Buildings	-	203.68	206.39	228.61	214.58	224.21
Machinery	-	304.59	288.72	284.14	291.15	312.34
Construction In Progress	-	0.24	-	1.64	22.43	11.31