SHE:300310 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	471	809.03	608.61	909.69	1,109	1,040
Trading Asset Securities	9.04	7.64	29.11	38.95	41.26	71.93
Cash & Short-Term Investments	480.03	816.67	637.72	948.65	1,151	1,112
Cash Growth	-8.94%	28.06%	-32.78%	-17.55%	3.50%	10.44%
Accounts Receivable	1,123	1,092	1,148	1,015	808.03	772.69
Other Receivables	38.07	31.41	32.12	33.56	34.13	38.27
Receivables	1,161	1,123	1,180	1,049	842.16	810.96
Inventory	1,047	728.87	539.88	527.82	380.69	324.69
Prepaid Expenses	-	0.27	0.62	0.26	10.88	0.41
Other Current Assets	169.84	87.18	91.46	97.73	32.52	19
Total Current Assets	2,858	2,756	2,449	2,623	2,417	2,267
Property, Plant & Equipment	166.92	140	131.99	139.04	130.97	137.38
Long-Term Investments	407.3	430.31	413.1	304.85	278.51	210.98
Goodwill	0.04	-	-	31.27	31.27	33.16
Other Intangible Assets	3.45	4.82	5.51	5.69	10.37	12.66
Long-Term Accounts Receivable	-	53.95	42.74	39.14	42.94	1.14
Long-Term Deferred Tax Assets	60.01	55.33	54.57	53.51	60.66	59.95
Long-Term Deferred Charges	8.05	5.72	4.87	6.98	8.31	5.25
Other Long-Term Assets	34.61	-	-	-	-	2.67
Total Assets	3,538	3,446	3,102	3,204	2,980	2,730

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	875.69	962.2	840.12	918.41	882.25	709.42
Accrued Expenses	60.7	151.11	136.7	162.42	151.72	159.05
Short-Term Debt	50.01	-	-	38.72	14.25	-
Current Portion of Long-Term Debt	6.82	2.38	-	-	-	-
Current Portion of Leases	-	3.04	4.8	3.87	3.16	3.82
Current Income Taxes Payable	60.29	0.73	0.54	2.92	0.46	0.83
Current Unearned Revenue	538.25	357.57	184.43	154.47	103.96	86.89
Other Current Liabilities	54.08	40.55	35.3	19.02	19	18.16
Total Current Liabilities	1,646	1,518	1,202	1,300	1,175	978.17
Long-Term Debt	8.38	19.53	18.4	12.26	-	-
Long-Term Leases	19.63	4.11	3.88	4.39	2.75	3.17
Long-Term Deferred Tax Liabilities	19.4	19.3	19.28	2.6	4.89	2.41
Other Long-Term Liabilities	4.3	4.33	4.69	2.21	2.84	2.16
Total Liabilities	1,698	1,565	1,248	1,321	1,185	985.91

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	881.66	881.66	881.66	881.66	881.66	881.66
Additional Paid-In Capital	2,230	2,238	2,240	2,246	2,238	2,238
Retained Earnings	-1,220	-1,215	-1,226	-1,196	-1,244	-1,265
Treasury Stock	-15.81	-1.86	-1.86	-1.86	-1.86	-1.86
Comprehensive Income & Other	-23.26	-16.6	-30.16	-53.54	-68.44	-94.41
Total Common Equity	1,852	1,886	1,863	1,876	1,806	1,759
Minority Interest	-11.49	-4.53	-9.26	6.32	-11.17	-15.06
Shareholders' Equity	1,841	1,881	1,854	1,883	1,795	1,744
Total Liabilities & Equity	3,538	3,446	3,102	3,204	2,980	2,730

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	84.83	29.07	27.08	59.24	20.16	6.99
Net Cash (Debt)	395.2	787.61	610.64	889.41	1,130	1,105
Net Cash Growth	-12.31%	28.98%	-31.34%	-21.32%	2.33%	9.74%
Net Cash Per Share	0.37	0.72	0.60	0.92	1.14	1.23
Filing Date Shares Outstanding	855.24	881.66	881.66	881.66	881.66	881.66
Total Common Shares Outstanding	855.24	881.66	881.66	881.66	881.66	881.66
Working Capital	1,212	1,238	1,248	1,324	1,242	1,289
Book Value Per Share	2.17	2.14	2.11	2.13	2.05	2.00
Tangible Book Value	1,849	1,881	1,858	1,839	1,764	1,713
Tangible Book Value Per Share	2.16	2.13	2.11	2.09	2.00	1.94
Buildings	-	114.57	114.57	114.57	114.57	114.57
Machinery	-	103.83	91.78	139.76	126.24	135.97
Construction In Progress	-	6.27	2.45	10.49	12.99	10.94