SHE:300665 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	-	107.66	105.26	128.56	117.32	222.66
Trading Asset Securities	-	-	0.53	2	-	3
Cash & Short-Term Investments	78.32	107.66	105.79	130.56	117.32	225.66
Cash Growth	-29.10%	1.77%	-18.97%	11.28%	-48.01%	-1.53%
Accounts Receivable	-	480.51	592.3	676.15	700.85	525.74
Other Receivables	-	9.07	11.59	21.29	0.98	0.28
Receivables	-	489.59	603.89	697.44	701.84	526.02
Inventory	-	133.22	193.48	150.84	153.94	120.22
Prepaid Expenses	-	18.05	21.07	0.02	0.03	-
Other Current Assets	-	23.28	26.49	18.4	38.08	45.88
Total Current Assets	-	771.8	950.71	997.26	1,011	917.79
Property, Plant & Equipment	-	632.02	738.58	696.07	670.96	599.08
Long-Term Investments	-	22.3	32.02	36.57	31.79	9.67
Goodwill	-	7.73	7.73	16.97	16.97	39.31
Other Intangible Assets	-	44	49.73	57.44	60.48	65.9
Long-Term Deferred Tax Assets	-	40.57	40.59	19.45	21	12.87
Long-Term Deferred Charges	-	1.19	1.7	0.59	0.2	0.34
Other Long-Term Assets	-	0.35	0.52	0.4	0.87	41.6
Total Assets	-	1,520	1,822	1,825	1,814	1,687

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	-	345.3	465.08	360.48	368.43	420.26
Accrued Expenses	-	20.27	20.78	22.65	26.88	19.81
Short-Term Debt	-	360.81	324.44	217.83	110.6	225.82
Current Portion of Long-Term Debt	-	164.88	92.71	158.8	75.24	7.6
Current Portion of Leases	-	0.11	0.31	0.68	1.03	1.95
Current Income Taxes Payable	-	0.21	0.24	1.71	0.4	5.16
Current Unearned Revenue	-	4.66	4.5	4.34	2.95	5.72
Other Current Liabilities	-	22.12	34.24	61.32	153.85	36.86
Total Current Liabilities	-	918.36	942.3	827.82	739.37	723.18
Long-Term Debt	-	178.1	433.91	422.63	517.77	375.23
Long-Term Leases	-	-	0.11	0.78	0.25	1.92
Long-Term Unearned Revenue	-	11.29	12.83	7.53	8.51	4.59
Long-Term Deferred Tax Liabilities	-	0.6	1.49	2.42	2.93	3.52
Total Liabilities	-	1,108	1,391	1,261	1,269	1,108

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	-	218.95	189.43	189.5	190.72	173.4
Additional Paid-In Capital	-	411.13	216.84	220.19	223.76	137.97
Retained Earnings	-	-230.11	-11.83	137.37	116.7	219
Treasury Stock	-	-	-7	-26.47	-33.91	-18.38
Comprehensive Income & Other	-	-	35.38	35.4	35.91	36.8
Total Common Equity	438.35	399.96	422.83	555.99	533.18	548.79
Minority Interest	-	11.67	8.13	7.59	11.49	29.35
Shareholders' Equity	450.39	411.63	430.95	563.58	544.67	578.14
Total Liabilities & Equity	-	1,520	1,822	1,825	1,814	1,687

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	555.79	703.89	851.48	800.72	704.89	612.52
Net Cash (Debt)	-477.47	-596.24	-745.69	-670.16	-587.57	-386.86
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.15	-2.97	-3.95	-3.54	-3.35	-2.15
Filing Date Shares Outstanding	229.65	218.95	186.03	185.53	184.52	172.03
Total Common Shares Outstanding	229.65	218.95	186.03	185.53	184.52	172.03
Working Capital	-	-146.56	8.41	169.45	271.85	194.61
Book Value Per Share	1.91	1.83	2.27	3.00	2.89	3.19
Tangible Book Value	387.47	348.22	365.36	481.57	455.73	443.57
Tangible Book Value Per Share	1.69	1.59	1.96	2.60	2.47	2.58
Buildings	-	654.25	695.73	562.98	542.34	152.46
Machinery	-	183.97	195.66	158.96	179.87	103.77
Construction In Progress	-	2.5	5.54	95.76	72.42	436.63