SHE:300287 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	61.23	99.07	123.33	115.1	131.22	187.76
Cash & Short-Term Investments	61.23	99.07	123.33	115.1	131.22	187.76
Cash Growth	-35.78%	-19.66%	7.15%	-12.29%	-30.11%	-16.90%
Accounts Receivable	363.08	427.18	653.57	752.05	1,047	1,060
Other Receivables	15.97	51.51	73.9	79.62	100.61	144.32
Receivables	379.05	478.69	727.47	831.67	1,147	1,204
Inventory	153.75	190.02	262.59	390.59	346.04	467.41
Prepaid Expenses	-	0.77	1.17	0.68	1.27	16.56
Other Current Assets	41.29	36.02	58.99	125.56	146.89	140.03
Total Current Assets	635.32	804.58	1,174	1,464	1,773	2,016
Property, Plant & Equipment	601.98	633.36	654.9	671.57	667.91	537.75
Long-Term Investments	267.6	267.51	271.88	272.82	300.62	323.51
Goodwill	4.84	-	7.54	14.19	59.8	59.8
Other Intangible Assets	35.7	33.33	39.95	43.31	44.49	110.56
Long-Term Accounts Receivable	-	23.33	31.91	42.3	30.08	52.71
Long-Term Deferred Tax Assets	20.03	23.78	28.9	27.79	26.65	141.38
Long-Term Deferred Charges	0.49	0.39	0.69	0.37	2.31	4.37
Other Long-Term Assets	143.43	126.63	132.55	144.52	164.35	172.13
Total Assets	1,709	1,913	2,342	2,680	3,069	3,418

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	332.08	463.68	618.32	708.67	742.2	707.64
Accrued Expenses	19.05	109.26	156.58	154.83	169.42	109.39
Short-Term Debt	7	18.5	16.59	16.45	35.5	7.76
Current Portion of Long-Term Debt	8.94	0.6	2.57	3.49	2.83	-
Current Portion of Leases	-	7.94	0.43	12.04	16.39	15.9
Current Income Taxes Payable	92.58	5.13	5.08	5.23	5.02	5.55
Current Unearned Revenue	127.96	162.74	237.27	273.97	276.72	234.09
Other Current Liabilities	79.69	86.65	97.28	86.88	98.7	135.77
Total Current Liabilities	667.29	854.49	1,134	1,262	1,347	1,216
Long-Term Debt	4.9	2.9	2.73	-	2.35	-
Long-Term Leases	5.18	8.22	0.17	0.66	8.9	26.37
Long-Term Unearned Revenue	10.21	10.02	10.42	12.36	14.31	16.25
Long-Term Deferred Tax Liabilities	18.04	18.87	17.89	20.8	24.04	20.75
Other Long-Term Liabilities	1.83	6.51	6.13	7.19	12.48	6.72
Total Liabilities	707.44	901.02	1,171	1,303	1,409	1,286

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	1,435	1,435	1,435	1,435	1,435	1,435
Additional Paid-In Capital	3,307	3,307	3,307	3,307	3,307	3,305
Retained Earnings	-3,720	-3,706	-3,549	-3,342	-3,060	-2,591
Comprehensive Income & Other	-17.21	-17.42	-17.62	-17.83	-17.89	-18.17
Total Common Equity	1,005	1,019	1,176	1,383	1,664	2,131
Minority Interest	-2.85	-7.06	-5.15	-4.67	-4.23	0.71
Shareholders' Equity	1,002	1,012	1,170	1,378	1,660	2,132
Total Liabilities & Equity	1,709	1,913	2,342	2,680	3,069	3,418

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	26.02	38.16	22.49	32.64	65.97	50.03
Net Cash (Debt)	35.21	60.91	100.83	82.46	65.25	137.72
Net Cash Growth	-32.73%	-39.59%	22.29%	26.37%	-52.62%	-11.68%
Net Cash Per Share	0.02	0.04	0.07	0.06	0.05	0.10
Filing Date Shares Outstanding	1,441	1,435	1,435	1,435	1,435	1,435
Total Common Shares Outstanding	1,441	1,435	1,435	1,435	1,435	1,435
Working Capital	-31.97	-49.92	39.41	202.06	425.86	799.88
Book Value Per Share	0.70	0.71	0.82	0.96	1.16	1.48
Tangible Book Value	964.26	985.62	1,128	1,325	1,560	1,961
Tangible Book Value Per Share	0.67	0.69	0.79	0.92	1.09	1.37
Buildings	-	480.75	483.89	207.39	207.39	207.38
Machinery	-	307.53	315.53	270.14	274.7	276.28
Construction In Progress	-	75.17	73.95	371.42	330.36	158.76