SHE:300512 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	288.06	285.2	317.42	242.35	266.08	192.34
Trading Asset Securities	9.57	97.69	10.03	234.95	10	130.62
Cash & Short-Term Investments	297.63	382.88	327.45	477.3	276.08	322.96
Cash Growth	-6.64%	16.93%	-31.39%	72.89%	-14.52%	-36.52%
Accounts Receivable	648.16	492.04	468.43	528.02	484.12	431.56
Other Receivables	13.74	13.21	11.86	10.58	9.34	9.93
Receivables	661.89	505.24	480.3	538.59	493.46	441.5
Inventory	1,324	1,156	1,060	1,025	1,063	819.66
Other Current Assets	75.02	52.41	66.29	52.04	39.79	50.47
Total Current Assets	2,359	2,096	1,934	2,093	1,873	1,635
Property, Plant & Equipment	408.99	412.42	405.81	413.44	422.56	422.42
Long-Term Investments	65.6	65.39	69.87	70.94	56.25	42.74
Goodwill	44.23	44.23	43.71	44.7	45.81	47.65
Other Intangible Assets	61.46	65.08	69.78	73.95	77.43	68.78
Long-Term Accounts Receivable	-	-	1.13	4.58	6.2	-
Long-Term Deferred Tax Assets	34.47	32.12	29.98	27.46	21.08	16.34
Long-Term Deferred Charges	20.26	15.44	11.9	10.66	5.43	15.38
Other Long-Term Assets	17.44	3.91	1.14	1.61	4.89	12.16
Total Assets	3,011	2,735	2,568	2,740	2,512	2,260

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	395.23	322.48	287.89	283.45	286.04	269.16
Accrued Expenses	42.1	58.68	57.43	63.67	58.48	71.94
Short-Term Debt	110.04	90.04	230.19	270.42	46.4	-
Current Portion of Long-Term Debt	3.69	0.53	4.89	70.33	-	-
Current Portion of Leases	-	3.79	4.72	5	1.88	3.29
Current Income Taxes Payable	10.27	0.89	0.17	0.06	2.23	3.81
Current Unearned Revenue	632.94	522.89	277.6	334.35	364.49	294.54
Other Current Liabilities	105.25	72.75	49.18	57.87	48.33	41.68
Total Current Liabilities	1,300	1,072	912.08	1,085	807.86	684.42
Long-Term Debt	1.35	1.32	39.12	2.27	73.15	-
Long-Term Leases	20.35	17.2	6.8	8.52	3.45	4.85
Long-Term Unearned Revenue	3.93	4.92	6.39	7.86	9.33	11.03
Long-Term Deferred Tax Liabilities	0.05	0.08	0.13	0.22	0.01	-
Other Long-Term Liabilities	25.62	26.77	-	10.78	20.33	22.88
Total Liabilities	1,351	1,122	964.53	1,115	914.13	723.18

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	409.24	409.24	407.64	410.96	410.98	273.54
Additional Paid-In Capital	449.35	440.72	451.8	460.72	466.4	593.89
Retained Earnings	815.37	776.07	773.46	791.8	762.92	675.52
Treasury Stock	-25.62	-25.62	-40	-50.78	-60.33	-28.63
Comprehensive Income & Other	10.45	9.5	9.71	10.44	10.85	15.59
Total Common Equity	1,659	1,610	1,603	1,623	1,591	1,530
Minority Interest	1.5	2.6	0.65	2.32	7.37	6.96
Shareholders' Equity	1,660	1,613	1,603	1,625	1,598	1,537
Total Liabilities & Equity	3,011	2,735	2,568	2,740	2,512	2,260

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	135.43	112.88	285.73	356.53	124.88	8.15
Net Cash (Debt)	162.2	270	41.72	120.76	151.2	314.81
Net Cash Growth	61.05%	547.20%	-65.45%	-20.13%	-51.97%	-38.12%
Net Cash Per Share	0.39	0.66	0.11	0.29	0.37	0.76
Filing Date Shares Outstanding	409.47	422.34	403.21	406.53	406.55	409.38
Total Common Shares Outstanding	409.47	422.34	403.21	406.53	406.55	409.38
Working Capital	1,059	1,024	1,022	1,008	1,065	950.16
Book Value Per Share	4.05	3.81	3.97	3.99	3.91	3.74
Tangible Book Value	1,553	1,501	1,489	1,504	1,468	1,413
Tangible Book Value Per Share	3.79	3.55	3.69	3.70	3.61	3.45
Buildings	-	379.04	377.93	321.26	-	307.15
Machinery	-	349.31	315.39	301.29	595.52	263.63
Construction In Progress	-	18.27	17.77	62.88	71.31	57.8