SHE:300188 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	879.84	1,442	1,274	1,333	1,431	922.98
Cash & Short-Term Investments	879.84	1,442	1,274	1,333	1,431	922.98
Cash Growth	-3.77%	13.18%	-4.46%	-6.82%	55.04%	-24.89%
Accounts Receivable	1,075	1,133	1,527	1,650	1,712	1,234
Other Receivables	63.1	-	-	-	-	100.91
Receivables	1,138	1,140	1,534	1,659	1,718	1,335
Inventory	408.5	262.51	394.03	619.47	610.28	606.02
Prepaid Expenses	-	0.74	0.76	3.63	0.87	1.85
Other Current Assets	193.86	118.45	77.68	96.91	135.48	130.81
Total Current Assets	2,620	2,963	3,281	3,712	3,896	2,996
Property, Plant & Equipment	553.28	606.45	670.07	510.9	530.16	579.8
Long-Term Investments	313.77	348.63	367.11	328.46	347.75	344.54
Goodwill	89.01	89.01	271.11	434.78	542.2	542.2
Other Intangible Assets	108.25	166.67	274.55	265.78	262.32	179.16
Long-Term Accounts Receivable	23.73	47.14	96.39	117.01	66.72	29.35
Long-Term Deferred Tax Assets	131.68	130.03	207.47	179.86	109.91	68.44
Long-Term Deferred Charges	124.82	121.64	59.52	130.72	145.99	154.59
Other Long-Term Assets	55.37	58.13	51.29	-	-	0.94
Total Assets	4,020	4,531	5,278	5,679	5,901	4,895

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	529.46	657.19	643.74	692.08	613.86	430.2
Accrued Expenses	36.42	122.39	70.04	99.65	109.71	245.55
Short-Term Debt	94.92	107.59	40.02	100.86	336.57	55.46
Current Portion of Long-Term Debt	23.67	1.3	-	-	-	2.62
Current Portion of Leases	-	14.1	26.99	20.84	16.85	22.64
Current Income Taxes Payable	6.63	4.86	4.66	3.41	15.25	20.61
Current Unearned Revenue	428.21	317.38	354.84	429.12	311.77	314.93
Other Current Liabilities	30.22	42.02	38.23	26.73	21.46	52.72
Total Current Liabilities	1,150	1,267	1,179	1,373	1,425	1,145
Long-Term Debt	92.81	63.14	49.43	49.83	-	17.99
Long-Term Leases	247.01	301.01	328.85	103.38	92.7	96.84
Long-Term Unearned Revenue	42.03	39.18	52.28	50.43	51.59	59.28
Long-Term Deferred Tax Liabilities	36.99	39.01	63.27	38.56	23.34	12.37
Other Long-Term Liabilities	0.33	2.25	-	-	-	-
Total Liabilities	1,569	1,711	1,672	1,615	1,593	1,331

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	859.48	859.48	859.48	859.48	859.48	807.09
Additional Paid-In Capital	1,326	1,325	1,334	1,334	1,337	745.4
Retained Earnings	113.23	458.73	1,241	1,657	1,901	1,850
Treasury Stock	-50	-50	-	-	-	-29.46
Comprehensive Income & Other	54.65	64.67	74.02	108.66	108.19	106.19
Total Common Equity	2,303	2,657	3,508	3,959	4,206	3,479
Minority Interest	147.67	162.15	97.72	105.17	102.08	85.06
Shareholders' Equity	2,451	2,820	3,606	4,065	4,308	3,564
Total Liabilities & Equity	4,020	4,531	5,278	5,679	5,901	4,895

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	458.42	487.13	445.29	274.92	446.12	195.56
Net Cash (Debt)	421.43	954.7	828.65	1,058	984.87	727.42
Net Cash Growth	5.02%	15.21%	-21.71%	7.47%	35.39%	-39.62%
Net Cash Per Share	0.49	1.11	0.96	1.24	1.20	0.91
Filing Date Shares Outstanding	855.69	855.69	859.48	859.48	859.48	807.12
Total Common Shares Outstanding	855.69	855.69	859.48	859.48	859.48	807.09
Working Capital	1,470	1,697	2,102	2,339	2,471	1,852
Book Value Per Share	2.69	3.11	4.08	4.61	4.89	4.31
Tangible Book Value	2,106	2,402	2,962	3,259	3,401	2,758
Tangible Book Value Per Share	2.46	2.81	3.45	3.79	3.96	3.42
Buildings	-	404.41	447.38	509.48	508.88	505.34
Machinery	-	314.73	269.45	263.22	247.9	235.38
Construction In Progress	-	0.09	22.42	-	1.13	2.11