SHE:300474 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	3,089	3,544	4,268	1,083	846.9	1,160
Short-Term Investments	-	1,003	300.01	-	-	-
Trading Asset Securities	-	70.08	-	-	-	-
Cash & Short-Term Investments	3,089	4,618	4,568	1,083	846.9	1,160
Cash Growth	-22.69%	1.10%	321.76%	27.88%	-27.02%	-10.13%
Accounts Receivable	958.77	779.41	718.34	975.07	1,253	773.34
Other Receivables	11.18	166.48	145.58	130.57	32.7	25.64
Receivables	969.96	945.89	863.92	1,106	1,286	798.98
Inventory	557.27	500.67	647.19	637.14	596.29	454.04
Other Current Assets	1,224	15.36	23.44	74.58	60.41	44.81
Total Current Assets	5,841	6,080	6,102	2,900	2,790	2,458
Property, Plant & Equipment	552.84	581.93	559.33	564.74	521.15	452.59
Long-Term Investments	640.52	453.98	361.58	325.55	289.33	104.43
Goodwill	10.26	10.26	-	-	-	-
Other Intangible Assets	485.05	537.43	186.06	190.19	187.57	167.15
Long-Term Deferred Tax Assets	291.17	280.7	205.17	141.09	76.81	48.94
Long-Term Deferred Charges	11.31	13.81	38.46	32.12	36.02	34.06
Other Long-Term Assets	174.77	136.6	111.99	40.34	51.06	59.72
Total Assets	8,007	8,094	7,565	4,194	3,951	3,325

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	380.53	297.55	261.53	344.75	279.19	205.33
Accrued Expenses	45.11	129.12	60.64	54.22	51.86	66.28
Short-Term Debt	209.94	30.01	-	-	-	-
Current Portion of Long-Term Debt	21.56	15.4	46.02	151.95	2.1	-
Current Portion of Leases	-	6.6	4.01	4.3	2.66	1.69
Current Income Taxes Payable	17.34	2.82	4.18	0.7	0.79	6.78
Current Unearned Revenue	41.13	18.4	23.23	29.53	22.43	81.12
Other Current Liabilities	11.52	11.97	10.61	16.79	5.12	6.12
Total Current Liabilities	727.13	511.87	410.22	602.23	364.16	367.32
Long-Term Debt	270	281.25	-	46	197.8	-
Long-Term Leases	28.67	33.12	34.38	38.84	17.15	17.63
Long-Term Unearned Revenue	108.85	111.76	42.95	58.36	53.09	57.74
Long-Term Deferred Tax Liabilities	-	-	-	10.01	7.02	-
Other Long-Term Liabilities	10.55	7.47	6.93	25.24	17.93	17.65
Total Liabilities	1,145	945.47	494.49	780.68	657.16	460.33

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	522.62	522.62	522.62	457.57	454.57	301.24
Additional Paid-In Capital	5,379	5,374	5,369	1,557	1,445	1,425
Retained Earnings	775.08	959.67	1,156	1,376	1,371	1,139
Comprehensive Income & Other	21.83	21.83	22.85	23.67	23.67	-
Total Common Equity	6,699	6,878	7,070	3,414	3,294	2,865
Minority Interest	162.78	270.6	-	-	-	-
Shareholders' Equity	6,861	7,149	7,070	3,414	3,294	2,865
Total Liabilities & Equity	8,007	8,094	7,565	4,194	3,951	3,325

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	530.16	366.37	84.42	241.09	219.71	19.31
Net Cash (Debt)	2,559	4,251	4,483	841.9	627.19	1,141
Net Cash Growth	-30.01%	-5.17%	432.51%	34.23%	-45.04%	-4.20%
Net Cash Per Share	4.90	8.13	9.50	1.83	1.37	2.49
Filing Date Shares Outstanding	522.62	522.62	522.62	457.41	454.57	451.86
Total Common Shares Outstanding	522.62	522.62	522.62	457.41	454.57	451.86
Working Capital	5,114	5,568	5,692	2,298	2,425	2,091
Book Value Per Share	12.82	13.16	13.53	7.46	7.25	6.34
Tangible Book Value	6,203	6,331	6,884	3,224	3,107	2,698
Tangible Book Value Per Share	11.87	12.11	13.17	7.05	6.83	5.97
Buildings	-	390.83	390.83	390.83	247.34	186.12
Machinery	-	422.11	337.71	289.96	261.53	198.3
Construction In Progress	-	-	10.39	12.02	114.1	136.02