SHE:300359 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	288.89	307.66	379.8	443.81	524.95	507.68
Short-Term Investments	-	45.81	-	-	32	4
Trading Asset Securities	28.28	51.52	42.83	69.2	39.33	61.24
Cash & Short-Term Investments	317.18	404.99	422.63	513.01	596.28	572.93
Cash Growth	-9.06%	-4.17%	-17.62%	-13.96%	4.08%	-4.20%
Accounts Receivable	150.36	160.8	230.65	258.38	238.59	273.85
Other Receivables	25.57	46.69	60.35	75.48	96.75	25.1
Receivables	175.93	207.5	291	333.86	335.33	298.94
Inventory	14.4	5.59	6.42	15.82	11.06	11.69
Other Current Assets	37.31	3.35	5.62	6.17	10.47	5.79
Total Current Assets	544.81	621.43	725.66	868.86	953.13	889.34
Property, Plant & Equipment	24.95	22.85	33.26	33.91	44.34	57.54
Long-Term Investments	69.72	74.55	90.38	80.24	68.59	110.75
Goodwill	1.03	1.03	1.03	23.36	35.94	97.75
Other Intangible Assets	9.14	12.26	19.15	30.49	43.75	110.65
Long-Term Deferred Tax Assets	2.61	2.54	3.26	11.75	11.62	38.73
Long-Term Deferred Charges	3.06	2.81	3.78	4.23	7.75	7.21
Other Long-Term Assets	-	-	-	-	1.73	0.44
Total Assets	655.32	737.47	876.51	1,053	1,167	1,312

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	40.81	62.58	71.45	76.66	92.19	103.97
Accrued Expenses	10.37	21.71	36.37	44.42	46.02	46.7
Short-Term Debt	15	5	-	0.05	40.01	145.21
Current Portion of Long-Term Debt	4.66	-	-	-	-	-
Current Portion of Leases	-	6.04	9.22	7.26	11.92	8.42
Current Income Taxes Payable	2.98	1.39	1.99	5.09	6.32	9.83
Current Unearned Revenue	36.07	25.62	36.78	72.97	124.92	118.93
Other Current Liabilities	17.35	15.5	17.45	19.98	14.77	36.57
Total Current Liabilities	127.24	137.86	173.27	226.43	336.15	469.62
Long-Term Leases	5.04	2.03	9.14	5.78	9.68	19.21
Long-Term Unearned Revenue	4.16	4.43	5.29	6.16	7.02	28.89
Long-Term Deferred Tax Liabilities	0.24	0.24	0.29	0.92	1.17	0.93
Other Long-Term Liabilities	-	-	-	1.29	6.17	0.29
Total Liabilities	136.68	144.56	188	240.58	360.19	518.94

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	633.33	633.33	633.33	633.33	633.33	633.66
Additional Paid-In Capital	987.18	987.18	976.64	979.08	979.19	981.74
Retained Earnings	-1,147	-1,076	-1,007	-903.64	-910.09	-923.27
Treasury Stock	-	-	-	-	-	-2.64
Comprehensive Income & Other	-11.66	-11.66	-8.82	-7.68	1.06	-
Total Common Equity	461.71	532.96	594.56	701.1	703.49	689.5
Minority Interest	56.94	59.95	93.96	111.17	103.17	103.99
Shareholders' Equity	518.64	592.91	688.52	812.27	806.66	793.48
Total Liabilities & Equity	655.32	737.47	876.51	1,053	1,167	1,312

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	24.7	13.07	18.37	13.09	61.61	172.84
Net Cash (Debt)	292.47	391.92	404.26	499.92	534.67	400.09
Net Cash Growth	-12.80%	-3.05%	-19.13%	-6.50%	33.64%	0.05%
Net Cash Per Share	0.45	0.62	0.62	0.78	0.85	0.44
Filing Date Shares Outstanding	756.47	633.33	633.33	633.33	633.33	633.66
Total Common Shares Outstanding	756.47	633.33	633.33	633.33	633.33	633.66
Working Capital	417.57	483.57	552.4	642.43	616.99	419.72
Book Value Per Share	0.61	0.84	0.94	1.11	1.11	1.09
Tangible Book Value	451.54	519.68	574.38	647.24	623.81	481.09
Tangible Book Value Per Share	0.60	0.82	0.91	1.02	0.98	0.76
Machinery	-	76.84	79.16	108.18	111.9	143.21
Construction In Progress	-	1.34	0.33	1.08	0.13	0.18