SHE:300180 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	275.36	185.7	422.27	436.98	415.86	480.8
Short-Term Investments	-	32.01	-	-	-	-
Trading Asset Securities	1	4	0.52	2.1	137	13.43
Cash & Short-Term Investments	276.36	221.72	422.79	439.08	552.86	494.23
Cash Growth	14.23%	-47.56%	-3.71%	-20.58%	11.86%	36.36%
Accounts Receivable	1,008	915.45	1,033	1,038	772.1	712.42
Other Receivables	12.11	17.57	9.08	65.89	47.67	17.42
Receivables	1,020	933.02	1,042	1,104	819.77	729.84
Inventory	690.97	716.49	836.17	717.46	988.22	937.98
Other Current Assets	119.96	97.73	115.66	124.1	131.71	272.48
Total Current Assets	2,108	1,969	2,417	2,385	2,493	2,435
Property, Plant & Equipment	2,956	3,220	3,598	3,980	4,328	4,332
Long-Term Investments	221.51	214.32	201.52	358.7	191.77	227.58
Goodwill	118.16	118.3	156.92	227.28	347.05	693.31
Other Intangible Assets	428.97	438.92	445.68	454.9	469.92	485.47
Long-Term Deferred Tax Assets	90.8	90.9	98.96	98.89	71.74	52.2
Long-Term Deferred Charges	32.07	37.99	38.11	32.99	28.07	26.31
Other Long-Term Assets	59.73	32.63	96.12	39.58	60.91	118.87
Total Assets	6,015	6,122	7,051	7,577	7,990	8,371

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	731.31	567.39	696.04	512.48	597.2	585.65
Accrued Expenses	55.8	71.54	82.4	67.5	65.13	83.86
Short-Term Debt	354.15	596.45	894.69	1,318	1,245	1,124
Current Portion of Long-Term Debt	3.42	-	457.37	263.49	235	210
Current Portion of Leases	-	3.61	5.07	3.56	6.01	3.78
Current Income Taxes Payable	20.46	0.02	0.01	0.42	0.02	0.1
Current Unearned Revenue	31.19	53.28	107.4	37.75	61.06	66.77
Other Current Liabilities	27.77	19.75	18.75	11.8	14.63	19.23
Total Current Liabilities	1,224	1,312	2,262	2,215	2,224	2,094
Long-Term Debt	-	-	-	620	779.91	864.9
Long-Term Leases	9.76	12.68	6.88	0.69	3.72	4.82
Long-Term Unearned Revenue	74.01	102.03	142.74	183.59	221.48	261.53
Long-Term Deferred Tax Liabilities	-	-	0.01	-	-	0
Other Long-Term Liabilities	22.68	9.29	6.86	1.59	0.55	0.55
Total Liabilities	1,331	1,436	2,418	3,021	3,229	3,225

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	1,761	1,761	1,761	1,761	1,761	1,761
Additional Paid-In Capital	2,584	2,584	2,584	2,584	2,584	2,584
Retained Earnings	395.66	397.26	339.3	268.18	479.97	834.25
Comprehensive Income & Other	-57.42	-59.76	-55.18	-60.59	-67.56	-37.8
Total Common Equity	4,684	4,683	4,630	4,553	4,758	5,142
Minority Interest	0.29	3.36	3.68	3.56	2.98	3.31
Shareholders' Equity	4,684	4,686	4,633	4,557	4,761	5,145
Total Liabilities & Equity	6,015	6,122	7,051	7,577	7,990	8,371

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	367.34	612.74	1,364	2,206	2,269	2,208
Net Cash (Debt)	-90.98	-391.03	-941.21	-1,766	-1,717	-1,714
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.05	-0.22	-0.53	-1.00	-0.97	-1.09
Filing Date Shares Outstanding	1,787	1,761	1,761	1,761	1,761	1,761
Total Common Shares Outstanding	1,787	1,761	1,761	1,761	1,761	1,761
Working Capital	883.45	656.9	154.82	170.17	268.73	340.85
Book Value Per Share	2.62	2.66	2.63	2.59	2.70	2.92
Tangible Book Value	4,137	4,126	4,027	3,871	3,941	3,963
Tangible Book Value Per Share	2.32	2.34	2.29	2.20	2.24	2.25
Buildings	-	1,882	1,857	1,827	1,805	1,574
Machinery	-	4,640	4,709	4,701	4,207	3,596
Construction In Progress	-	84.09	62.19	86.15	501.09	936.53