SHE:300201 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	277.99	810.23	458.46	374.32	144.61	253.99
Trading Asset Securities	-	-	-	-	0.11	0.14
Cash & Short-Term Investments	277.99	810.23	458.46	374.32	144.72	254.14
Cash Growth	-15.90%	76.73%	22.48%	158.66%	-43.06%	-60.79%
Accounts Receivable	1,335	700.24	951.35	623.46	719.4	741.59
Other Receivables	54.52	46.65	55.32	101.27	56.21	101.08
Receivables	1,390	746.89	1,007	724.74	775.61	842.67
Inventory	524.51	224.75	288.16	242.91	274.64	216.95
Prepaid Expenses	-	1.75	0.05	1.5	0.07	0.46
Other Current Assets	129	39.94	44.13	34.05	37.69	41.75
Total Current Assets	2,321	1,824	1,797	1,378	1,233	1,356
Property, Plant & Equipment	437.64	282.57	442.75	463.67	482.9	506.87
Long-Term Investments	118.96	116.07	111.32	116.85	132.73	132.42
Goodwill	463.87	2.54	4.11	4.11	4.11	5.26
Other Intangible Assets	203.98	131.4	136.22	138.91	142.56	145.75
Long-Term Accounts Receivable	27.11	27.95	8.34	1.14	1.14	5.13
Long-Term Deferred Tax Assets	50.02	48.86	57.55	50.25	63.97	74.39
Long-Term Deferred Charges	26.19	23.89	0.33	-	0.27	0.31
Other Long-Term Assets	190.18	197.46	22.99	30.39	104.79	103.76
Total Assets	3,839	2,654	2,581	2,183	2,165	2,330

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	786.88	592.86	673.81	604.44	531.69	654.36
Accrued Expenses	29.69	38.26	41.29	14.62	32.5	36.99
Short-Term Debt	265.59	131.09	267.99	158.15	29.3	130.35
Current Portion of Long-Term Debt	-	-	-	4.55	18.07	21.64
Current Income Taxes Payable	34.37	15.57	18.85	8.9	5.57	12.54
Current Unearned Revenue	35.62	19.29	12.92	11.31	85.95	54.5
Other Current Liabilities	81.86	15.07	20.14	16.22	32.33	37.95
Total Current Liabilities	1,234	812.14	1,035	818.19	735.41	948.34
Long-Term Debt	346.41	-	-	29.25	63.75	81.75
Long-Term Unearned Revenue	0.62	0.66	0.82	0.98	1.13	1.77
Long-Term Deferred Tax Liabilities	4.8	-	7.66	7.54	2.06	3.6
Other Long-Term Liabilities	1.27	-	0.04	1.13	0.45	6.63
Total Liabilities	1,587	812.81	1,044	857.09	802.81	1,042

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	1,009	1,009	1,009	1,041	1,041	1,041
Additional Paid-In Capital	13.68	13.68	15.36	100.61	94.41	94.41
Retained Earnings	1,013	842.46	563.96	416.68	210.82	138.09
Treasury Stock	-110.2	-40.21	-67.01	-249.57	-	-
Comprehensive Income & Other	15.62	13.86	15.26	13.81	11.36	9.58
Total Common Equity	1,941	1,839	1,537	1,322	1,358	1,283
Minority Interest	311.39	2.65	0.96	3.28	4.88	4.74
Shareholders' Equity	2,252	1,841	1,538	1,326	1,362	1,288
Total Liabilities & Equity	3,839	2,654	2,581	2,183	2,165	2,330

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	612	131.09	267.99	191.95	111.12	233.74
Net Cash (Debt)	-334.01	679.14	190.47	182.36	33.6	20.4
Net Cash Growth	-	256.56%	4.44%	442.80%	64.72%	346.33%
Net Cash Per Share	-0.33	0.69	0.19	0.18	0.03	0.02
Filing Date Shares Outstanding	996.15	1,001	994.9	988.24	1,041	1,041
Total Common Shares Outstanding	996.15	1,001	994.9	988.24	1,041	1,041
Working Capital	1,087	1,011	762.49	559.31	497.31	407.62
Book Value Per Share	1.95	1.84	1.54	1.34	1.30	1.23
Tangible Book Value	1,273	1,705	1,396	1,179	1,211	1,132
Tangible Book Value Per Share	1.28	1.70	1.40	1.19	1.16	1.09
Buildings	-	373.75	372.01	377.87	382.34	398.76
Machinery	-	181.62	171.97	164.06	162.78	156.14
Construction In Progress	-	0.01	154.34	153.92	153.16	148.29