SHE:300324 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	689.18	968.8	1,169	1,368	1,574	1,695
Trading Asset Securities	148.55	18.83	4	1	10.59	23.67
Cash & Short-Term Investments	837.73	987.63	1,173	1,369	1,584	1,719
Cash Growth	-5.83%	-15.77%	-14.37%	-13.58%	-7.83%	-5.45%
Accounts Receivable	1,578	1,904	2,012	1,793	1,743	1,740
Other Receivables	44.52	44.05	47.25	66.86	117.14	143.3
Receivables	1,622	1,949	2,060	1,860	1,860	1,883
Inventory	170.15	194.97	314.18	261.2	412.97	271.63
Other Current Assets	209.61	73.62	94.5	80.94	96.88	95.92
Total Current Assets	2,840	3,205	3,641	3,572	3,954	3,970
Property, Plant & Equipment	540.4	541.52	509.52	512.23	463.7	493.25
Long-Term Investments	736.65	754.44	881.17	914.74	634.81	732.86
Goodwill	32.48	32.48	41.84	82.18	253.29	645.16
Other Intangible Assets	49.44	61.84	65.82	82.08	74.55	83.4
Long-Term Accounts Receivable	-	0.84	1.34	1.88	1.67	1.6
Long-Term Deferred Tax Assets	89.29	89.26	72.79	66.12	54.5	40.25
Long-Term Deferred Charges	59.93	51.06	57.62	46.73	47.26	33.76
Other Long-Term Assets	500.06	526.7	559.11	595.82	646.55	719.51
Total Assets	4,848	5,263	5,830	5,873	6,130	6,720

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	1,287	1,598	1,617	1,070	992.96	1,178
Accrued Expenses	63.3	107.25	113.99	144.16	157.03	151.09
Short-Term Debt	138.98	155.8	113.88	138.16	135.33	151.03
Current Portion of Long-Term Debt	30.47	24.74	18.69	27.85	10.29	10.3
Current Portion of Leases	-	14.7	19.38	20.93	16	13.47
Current Income Taxes Payable	10.99	1.19	4.26	6.37	9.76	19.25
Current Unearned Revenue	453.23	347	415.02	524.61	765.03	613.91
Other Current Liabilities	191.3	118.75	138.48	297.52	116.46	105.24
Total Current Liabilities	2,175	2,367	2,441	2,230	2,203	2,243
Long-Term Debt	113	80.5	112.4	158.59	185	193
Long-Term Leases	47.05	84.94	96.38	110.99	23.83	17.02
Long-Term Unearned Revenue	25.75	27.58	32.83	29.69	33.99	53.4
Long-Term Deferred Tax Liabilities	5.51	5.32	6.25	7.68	7.73	1.1
Total Liabilities	2,366	2,566	2,689	2,537	2,453	2,507

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	1,728	1,728	1,728	1,728	1,728	1,728
Additional Paid-In Capital	-	2,726	2,704	2,634	2,593	2,525
Retained Earnings	-2,083	-1,894	-1,423	-1,148	-880.18	-290.21
Comprehensive Income & Other	2,671	-53.4	-77.3	-63.68	-31.34	-0.62
Total Common Equity	2,316	2,506	2,932	3,149	3,409	3,961
Minority Interest	165.71	191.5	209.39	187.53	267.72	251.15
Shareholders' Equity	2,482	2,697	3,141	3,337	3,677	4,212
Total Liabilities & Equity	4,848	5,263	5,830	5,873	6,130	6,720

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	329.5	360.68	360.74	456.51	370.44	384.83
Net Cash (Debt)	508.23	626.95	811.83	912.76	1,214	1,334
Net Cash Growth	-13.06%	-22.77%	-11.06%	-24.82%	-9.01%	1.11%
Net Cash Per Share	0.29	0.36	0.47	0.53	0.70	0.77
Filing Date Shares Outstanding	1,728	1,728	1,728	1,728	1,728	1,728
Total Common Shares Outstanding	1,728	1,728	1,728	1,728	1,728	1,728
Working Capital	664.62	837.6	1,200	1,342	1,751	1,727
Book Value Per Share	1.34	1.45	1.70	1.82	1.97	2.29
Tangible Book Value	2,234	2,412	2,824	2,985	3,081	3,233
Tangible Book Value Per Share	1.29	1.40	1.63	1.73	1.78	1.87
Buildings	-	372.63	119.43	119.43	119.43	134.94
Machinery	-	566.82	591.69	579.12	563.24	558.46
Construction In Progress	-	-	164.12	118.24	28.95	20.43