SHE:300181 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	339.51	680.88	804.67	931.98	1,082	232.3
Trading Asset Securities	-	-	-	151	10.83	65.52
Cash & Short-Term Investments	339.51	680.88	804.67	1,083	1,093	297.82
Cash Growth	-50.98%	-15.38%	-25.70%	-0.91%	266.97%	-5.39%
Accounts Receivable	1,370	1,139	783.33	532.42	510.07	337.33
Other Receivables	28.91	18.01	18.18	9.02	24.42	26.77
Receivables	1,399	1,157	801.52	541.44	534.5	364.1
Inventory	567.42	531.81	523.75	426.52	318.83	273.59
Prepaid Expenses	-	3.97	0	-	7.87	-
Other Current Assets	33.48	17.24	47.51	5.53	5.45	6.16
Total Current Assets	2,339	2,391	2,177	2,056	1,960	941.67
Property, Plant & Equipment	1,483	1,427	1,220	1,060	972.41	806.32
Long-Term Investments	337.67	411.57	254.64	179.7	392.36	650.67
Goodwill	321.37	130.32	130.32	130.32	130.32	130.32
Other Intangible Assets	270.58	82.42	75.08	71.27	63.04	64.89
Long-Term Deferred Tax Assets	34.14	31.79	30.4	25.5	25.14	15.51
Long-Term Deferred Charges	66.35	50.09	35.58	25.49	25.42	25.6
Other Long-Term Assets	135.94	186.72	68.91	78.07	74.76	113.55
Total Assets	4,988	4,712	3,992	3,627	3,643	2,749

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	477.68	425.26	482.41	433.85	468.88	296.77
Accrued Expenses	24.47	127.25	86.53	82.24	78.32	62.33
Short-Term Debt	793.04	660.09	377.31	193.06	138.16	178.2
Current Portion of Long-Term Debt	3.82	-	-	10.01	0.01	-
Current Portion of Leases	-	3.19	3.35	2.49	2.83	4.21
Current Income Taxes Payable	119.51	69.26	52.54	32.65	26.59	16.46
Current Unearned Revenue	2.95	5.26	14.45	2.23	14.14	3.06
Other Current Liabilities	184.45	48.64	39.46	38.28	26	23.55
Total Current Liabilities	1,606	1,339	1,056	794.83	754.94	584.58
Long-Term Debt	46.66	11.66	30.66	-	10	-
Long-Term Leases	17.29	17.07	18.27	16.69	22.13	24.27
Long-Term Unearned Revenue	27.32	27.65	26.5	19.9	19.76	22.37
Long-Term Deferred Tax Liabilities	56.59	75	41.03	21.68	76.24	134.1
Total Liabilities	1,754	1,470	1,173	853.09	883.07	765.31

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	701.39	701.39	701.39	701.39	701.39	608.62
Additional Paid-In Capital	1,151	1,142	1,135	1,135	1,135	340.48
Retained Earnings	1,266	1,257	1,041	849.32	676.8	525.52
Treasury Stock	-81.45	-111.88	-203.97	-	-	-
Comprehensive Income & Other	140.48	191.62	94.63	42.66	190.19	369.44
Total Common Equity	3,177	3,180	2,769	2,729	2,704	1,844
Minority Interest	57.87	61.25	50.56	45.2	56.18	139.15
Shareholders' Equity	3,235	3,241	2,819	2,774	2,760	1,983
Total Liabilities & Equity	4,988	4,712	3,992	3,627	3,643	2,749

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	860.81	692.01	429.59	222.25	173.13	206.67
Net Cash (Debt)	-521.29	-11.13	375.08	860.73	919.77	91.15
Net Cash Growth	-	-	-56.42%	-6.42%	909.09%	-
Net Cash Per Share	-0.75	-0.02	0.54	1.24	1.52	0.15
Filing Date Shares Outstanding	702.62	693.22	692.47	701.39	701.39	608.62
Total Common Shares Outstanding	702.62	693.22	686.49	701.39	701.39	608.62
Working Capital	733.16	1,052	1,121	1,262	1,205	357.1
Book Value Per Share	4.52	4.59	4.03	3.89	3.85	3.03
Tangible Book Value	2,585	2,967	2,563	2,527	2,510	1,649
Tangible Book Value Per Share	3.68	4.28	3.73	3.60	3.58	2.71
Buildings	-	1,223	1,014	962.71	832.63	678.11
Machinery	-	580.69	529.12	467.55	432.59	412.82
Construction In Progress	-	173.97	161.43	61.14	78.06	40.29