SHE:300670 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	92.9	61.51	152.88	82.72	51.43	91.46
Trading Asset Securities	-	-	-	0	29.5	79.02
Cash & Short-Term Investments	92.9	61.51	152.88	82.72	80.93	170.48
Cash Growth	-30.77%	-59.77%	84.82%	2.21%	-52.53%	-52.15%
Accounts Receivable	179.61	173.91	222.22	266.45	288.71	336.7
Other Receivables	2.54	14.36	64.08	58.71	37.62	10.49
Receivables	182.15	188.27	286.3	325.16	326.33	347.2
Inventory	26.3	15.32	38.66	56.25	57.36	45.22
Prepaid Expenses	-	0	0.11	0.09	0.01	1.6
Other Current Assets	36.47	34.55	38.89	43.73	21.83	6.24
Total Current Assets	337.82	299.66	516.84	507.96	486.46	570.74
Property, Plant & Equipment	1,038	1,099	1,243	1,303	1,275	287.14
Long-Term Investments	40.79	61.97	130.5	200.24	175.9	59.45
Goodwill	-	-	-	-	45.39	154.76
Other Intangible Assets	31.49	32.15	33.24	42.36	45.18	50.63
Long-Term Deferred Tax Assets	140.82	140.3	105.69	67.9	44.77	7.11
Long-Term Deferred Charges	5.89	6.63	7.56	2.74	1.92	1.38
Other Long-Term Assets	-	-	-	26.38	34.37	137.74
Total Assets	1,595	1,639	2,037	2,150	2,109	1,269

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	278.76	297.14	320.67	323.68	281.64	162.43
Accrued Expenses	4.49	6.01	10.26	10.49	21.53	12.38
Short-Term Debt	395.31	270.44	360.32	375.13	215.16	20.03
Current Portion of Long-Term Debt	59.29	127.22	94.8	63.5	52.85	-
Current Portion of Leases	-	0.51	-	-	0.23	0.21
Current Income Taxes Payable	5.86	0.01	0	-	0.25	7.29
Current Unearned Revenue	1.52	1.49	6.3	8.12	3.67	1.69
Other Current Liabilities	30.04	15.14	53.84	140.46	94.1	0.99
Total Current Liabilities	775.27	717.95	846.2	921.37	669.44	205.02
Long-Term Debt	370.85	468.81	533.73	163.75	131.61	-
Long-Term Leases	0.54	0.79	-	-	-	-
Long-Term Unearned Revenue	2.95	3.49	4.42	5.22	6.33	4.34
Long-Term Deferred Tax Liabilities	-	-	-	6.61	12.55	5.38
Other Long-Term Liabilities	-	15.53	11.75	322.61	411.44	-
Total Liabilities	1,150	1,207	1,396	1,420	1,231	214.73

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	316.92	316.92	316.92	316.92	316.92	316.92
Additional Paid-In Capital	324.47	322.59	322.59	331.09	331.09	332.98
Retained Earnings	-196.66	-206.74	1.55	-6.39	138.18	308.33
Comprehensive Income & Other	0.29	0.04	-0.01	-	-	-
Total Common Equity	445.01	432.81	641.05	641.63	786.2	958.24
Minority Interest	-	-	-	89.12	91.53	95.98
Shareholders' Equity	445.01	432.81	641.05	730.74	877.73	1,054
Total Liabilities & Equity	1,595	1,639	2,037	2,150	2,109	1,269

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	825.99	867.76	988.84	602.38	399.84	20.24
Net Cash (Debt)	-733.09	-806.25	-835.96	-519.65	-318.91	150.24
Net Cash Growth	-	-	-	-	-	-48.59%
Net Cash Per Share	-2.31	-2.54	-2.63	-1.64	-1.01	0.47
Filing Date Shares Outstanding	317.87	316.92	316.92	316.92	316.92	316.92
Total Common Shares Outstanding	317.87	316.92	316.92	316.92	316.92	316.92
Working Capital	-437.45	-418.29	-329.36	-413.41	-182.98	365.72
Book Value Per Share	1.40	1.37	2.02	2.02	2.48	3.02
Tangible Book Value	413.52	400.67	607.81	599.27	695.62	752.85
Tangible Book Value Per Share	1.30	1.26	1.92	1.89	2.19	2.38
Buildings	-	186.82	187.25	215.22	213.9	240.54
Machinery	-	1,048	1,120	1,122	55.66	58.08
Construction In Progress	-	83.56	83.02	51.41	228.52	26.43