SHE:300713 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	44.79	47.84	62.83	66.71	86.73	143.51
Short-Term Investments	-	9.92	-	-	-	-
Trading Asset Securities	5.28	20.78	29.6	17.57	34.27	108.02
Cash & Short-Term Investments	50.07	78.54	92.43	84.27	121	251.53
Cash Growth	-56.83%	-15.03%	9.68%	-30.35%	-51.89%	6.69%
Accounts Receivable	178.66	225.41	212.28	249.23	298.31	227.61
Other Receivables	12.66	2.64	0.92	1.48	1.45	2.19
Receivables	191.31	228.06	213.2	250.71	299.76	229.8
Inventory	203.56	106.43	103.41	64.49	97.19	102.11
Prepaid Expenses	-	26.15	32.94	28.28	31.65	23.42
Other Current Assets	37.15	0.42	0.61	0.28	0.82	1.17
Total Current Assets	482.1	439.59	442.59	428.03	550.41	608.03
Property, Plant & Equipment	441.1	445.41	475.37	410.92	340.73	228.14
Long-Term Investments	-	13.15	11.53	22.26	22.86	11.14
Goodwill	0.02	0.02	2.94	-	-	-
Other Intangible Assets	72.07	75.52	79.09	81.95	86.17	90.91
Long-Term Accounts Receivable	-	0.57	0.66	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	-	20.56
Long-Term Deferred Charges	5.44	5.98	9.99	7.73	8.76	9.7
Other Long-Term Assets	12.73	0.02	2.07	11.49	25.83	19.79
Total Assets	1,013	980.25	1,024	962.38	1,035	988.26

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	277.13	194.23	181.57	120.37	193.78	153.59
Accrued Expenses	17.04	19.93	24.2	19.02	28.94	17.42
Short-Term Debt	33.27	25.39	36.98	14.88	-	-
Current Portion of Long-Term Debt	-	16.04	8.58	4.89	3.18	-
Current Portion of Leases	-	1.2	3.03	3.29	0.98	0.72
Current Unearned Revenue	14.02	9.92	8.14	6.59	7.04	6.09
Other Current Liabilities	125.47	97.78	85.79	70.57	88.97	37.16
Total Current Liabilities	466.93	364.49	348.29	239.6	322.89	214.97
Long-Term Debt	126.94	134.12	89.9	49.43	27.01	31.78
Long-Term Leases	3.21	4.05	2.11	4.36	1.36	1.65
Long-Term Unearned Revenue	8.83	10.15	11.87	11.31	6.31	6.74
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.4
Other Long-Term Liabilities	3.43	5.03	5.48	6.22	-	-
Total Liabilities	609.34	517.84	457.65	310.91	357.58	255.54

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	158.84	158.72	158.72	158.72	157.78	157.78
Additional Paid-In Capital	361.24	358.07	355.83	358.83	343.28	339.87
Retained Earnings	-110.86	-54.13	40.43	130.08	170.86	231.55
Total Common Equity	408	462.67	554.98	647.63	671.92	729.2
Minority Interest	-3.88	-0.26	11.62	3.83	5.27	3.52
Shareholders' Equity	404.11	462.41	566.59	651.47	677.18	732.72
Total Liabilities & Equity	1,013	980.25	1,024	962.38	1,035	988.26

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	163.41	180.79	140.6	76.84	32.53	34.15
Net Cash (Debt)	-113.34	-102.26	-48.16	7.44	88.47	217.38
Net Cash Growth	-	-	-	-91.59%	-59.30%	-0.18%
Net Cash Per Share	-0.73	-0.65	-0.30	0.05	0.55	1.38
Filing Date Shares Outstanding	156.44	158.72	158.72	158.72	157.78	157.78
Total Common Shares Outstanding	156.44	158.72	158.72	158.72	157.78	157.78
Working Capital	15.17	75.11	94.3	188.43	227.52	393.05
Book Value Per Share	2.61	2.91	3.50	4.08	4.26	4.62
Tangible Book Value	335.91	387.13	472.95	565.68	585.75	638.29
Tangible Book Value Per Share	2.15	2.44	2.98	3.56	3.71	4.05
Buildings	-	351.16	367.16	172.95	155.44	157.45
Machinery	-	78.8	80.22	67.65	63.87	52.5
Construction In Progress	-	118.71	104.36	219.06	155.73	37.55