SHE:300746 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	271.96	192.57	302.4	228.75	299.98	356.28
Short-Term Investments	-	-	-	-	173.31	-
Trading Asset Securities	2	10	3	307.35	150.25	281.18
Cash & Short-Term Investments	273.96	202.57	305.4	536.09	623.54	637.46
Cash Growth	9.22%	-33.67%	-43.03%	-14.02%	-2.18%	53.46%
Accounts Receivable	1,505	1,800	2,101	1,205	764.85	510.66
Other Receivables	37.5	30.54	29.3	1.08	22.57	23.56
Receivables	1,542	1,830	2,130	1,206	787.42	534.22
Inventory	97.54	72.02	81.53	1.1	-	-
Prepaid Expenses	-	12.8	6.82	1.36	0.2	0.08
Other Current Assets	70.31	143.55	55.71	22.43	56.31	85.06
Total Current Assets	1,984	2,261	2,579	1,767	1,467	1,257
Property, Plant & Equipment	389.17	426.05	477.5	334.94	363.2	405.38
Long-Term Investments	98.55	84.33	79.54	26.69	39.37	38.96
Goodwill	438.8	438.8	487.26	353.08	353.08	353.08
Other Intangible Assets	33.7	37.29	42.02	11.3	12.54	12.71
Long-Term Accounts Receivable	31.42	40.79	31.82	71.12	-	-
Long-Term Deferred Tax Assets	66.16	78.64	71.9	53.22	53.42	46.48
Long-Term Deferred Charges	-	13.14	15.98	15.49	14.3	15.1
Other Long-Term Assets	41.99	32.18	28.79	30.89	79.18	59.47
Total Assets	3,084	3,412	3,814	2,663	2,383	2,188

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	608.57	952.09	1,327	1,026	550.68	311.94
Accrued Expenses	101.92	138.78	229.6	131.09	118.32	105.99
Short-Term Debt	227.45	293.19	351.15	1	39.69	50.8
Current Portion of Long-Term Debt	94.74	73.4	-	-	-	-
Current Portion of Leases	-	2.86	1.64	1.14	1.34	1.05
Current Income Taxes Payable	20.27	12.88	12.84	9.46	9.21	13.95
Current Unearned Revenue	20.58	25.51	51.97	40.65	111.94	140.45
Other Current Liabilities	396.6	255.77	480.28	31.62	58.69	57.51
Total Current Liabilities	1,470	1,754	2,454	1,241	889.86	681.69
Long-Term Debt	340.6	400.37	217.57	-	-	-
Long-Term Leases	22.29	14.03	5.19	0.67	0.52	0.68
Long-Term Unearned Revenue	-	-	-	-	-	0.16
Long-Term Deferred Tax Liabilities	14.29	33.05	17.83	8.65	9.05	11.91
Other Long-Term Liabilities	88.03	88.64	90.11	136	132.57	128.9
Total Liabilities	1,935	2,291	2,785	1,386	1,032	823.33

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	225.74	225.74	225.74	225.74	225.74	225.74
Additional Paid-In Capital	476.83	476.83	481.03	481.03	482.51	482.51
Retained Earnings	124.51	113.2	41.39	520.72	586.55	600.16
Total Common Equity	827.08	815.77	748.17	1,227	1,295	1,308
Minority Interest	321.41	306.15	280.81	49.99	55.77	56.28
Shareholders' Equity	1,148	1,122	1,029	1,277	1,351	1,365
Total Liabilities & Equity	3,084	3,412	3,814	2,663	2,383	2,188

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	685.08	783.84	575.56	2.81	41.54	52.53
Net Cash (Debt)	-411.12	-581.27	-270.15	533.28	582	584.93
Net Cash Growth	-	-	-	-8.37%	-0.50%	94.46%
Net Cash Per Share	-1.82	-2.57	-1.19	2.44	2.48	2.57
Filing Date Shares Outstanding	225.74	225.74	225.74	225.74	225.74	225.74
Total Common Shares Outstanding	225.74	225.74	225.74	225.74	225.74	225.74
Working Capital	513.9	506.77	124.87	526.07	577.61	575.13
Book Value Per Share	3.66	3.61	3.31	5.44	5.74	5.80
Tangible Book Value	354.57	339.67	218.89	863.11	929.18	942.61
Tangible Book Value Per Share	1.57	1.50	0.97	3.82	4.12	4.18
Buildings	-	567.63	659.16	566.97	555.55	581.62
Machinery	-	196.21	212.37	77.15	83.91	84.06
Construction In Progress	-	0.1	0.9	-	3.5	-