SHE:300351 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	739.43	1,285	512.78	683.22	753.49	733.64
Short-Term Investments	-	-	-	-	-	40
Trading Asset Securities	413.2	328.86	-	0.71	22.15	29.18
Cash & Short-Term Investments	1,153	1,614	512.78	683.93	775.63	802.82
Cash Growth	-24.59%	214.75%	-25.02%	-11.82%	-3.39%	25.75%
Accounts Receivable	1,521	1,333	1,335	1,161	1,072	797.47
Other Receivables	18.36	10.58	8.45	6.35	5.99	6.53
Receivables	1,540	1,343	1,343	1,168	1,078	804
Inventory	949.92	710.18	552.44	452.69	493.77	394.85
Prepaid Expenses	-	-	-	0.01	0.02	0.33
Other Current Assets	70.09	32.49	31.51	17.18	12.7	12.38
Total Current Assets	3,712	3,700	2,440	2,321	2,360	2,014
Property, Plant & Equipment	895.5	892.65	812.24	552.77	393.16	397.08
Long-Term Investments	131.85	110.26	124.96	121.39	104.15	100.95
Goodwill	3.04	3.04	3.04	3.04	3.04	3.05
Other Intangible Assets	116.91	119.32	123.51	125.24	92.32	78.23
Long-Term Deferred Tax Assets	8.15	2.76	6.13	7.12	11.2	12.95
Long-Term Deferred Charges	58.52	34.23	18.03	8.09	8.9	10.95
Other Long-Term Assets	39.73	38.96	42.26	59.7	66.45	59.81
Total Assets	4,966	4,901	3,570	3,199	3,040	2,677

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	1,307	1,015	852.64	625.84	587.31	383.33
Accrued Expenses	33.73	79.07	95.46	77.07	75.85	60.98
Short-Term Debt	7.75	18.47	0.01	0.9	1.9	3.12
Current Portion of Long-Term Debt	6.32	100.05	-	-	-	-
Current Portion of Leases	-	6.75	6.2	5.51	7.17	5.78
Current Income Taxes Payable	12.55	0.41	0.61	0.7	3.3	1.9
Current Unearned Revenue	22.94	24.28	18.09	12.37	9.48	9.36
Other Current Liabilities	66.29	72.91	51.6	78.1	41.77	25.4
Total Current Liabilities	1,456	1,317	1,025	800.5	726.79	489.88
Long-Term Debt	1,046	950.79	-	-	-	-
Long-Term Leases	2.87	4.9	7.96	5.59	4.21	6.09
Long-Term Unearned Revenue	47.31	52.77	37.5	31.03	33.19	36.79
Total Liabilities	2,563	2,325	1,070	837.11	764.19	532.76

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	388.91	388.9	387.92	386.79	385.16	383.64
Additional Paid-In Capital	1,777	1,760	1,793	1,760	1,782	1,795
Retained Earnings	284.23	307.13	267.9	180.78	79.72	-74.99
Treasury Stock	-146.9	-0.31	-4.06	-7.42	-10.56	-
Comprehensive Income & Other	39.68	41.62	-0	-	-	-
Total Common Equity	2,343	2,497	2,445	2,320	2,236	2,104
Minority Interest	60.02	78.28	55.55	41.37	39.18	40.94
Shareholders' Equity	2,403	2,576	2,500	2,362	2,275	2,145
Total Liabilities & Equity	4,966	4,901	3,570	3,199	3,040	2,677

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	1,063	1,081	14.17	12	13.28	14.98
Net Cash (Debt)	89.57	532.98	498.61	671.94	762.35	787.84
Net Cash Growth	-77.91%	6.89%	-25.80%	-11.86%	-3.23%	24.07%
Net Cash Per Share	0.25	1.36	1.27	1.73	1.97	2.06
Filing Date Shares Outstanding	243.15	388.91	387.92	386.79	385.16	383.64
Total Common Shares Outstanding	243.15	388.9	387.92	386.79	385.16	383.64
Working Capital	2,256	2,383	1,415	1,521	1,634	1,525
Book Value Per Share	9.64	6.42	6.30	6.00	5.81	5.48
Tangible Book Value	2,223	2,375	2,318	2,192	2,141	2,022
Tangible Book Value Per Share	9.14	6.11	5.98	5.67	5.56	5.27
Buildings	-	-	-	363	358.36	358.1
Machinery	-	582.04	445.52	380.4	325.99	287.21
Construction In Progress	-	107.3	225.37	168.77	16	11.79