SHE:300749 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	180.52	280.19	282.61	349	226.87	290.8
Trading Asset Securities	-	-	-	100	50	50
Cash & Short-Term Investments	180.52	280.19	282.61	449	276.87	340.8
Cash Growth	-37.01%	-0.86%	-37.06%	62.17%	-18.76%	-22.01%
Accounts Receivable	113.56	106.34	93.79	144.39	241.71	286.53
Other Receivables	11.63	11.93	10.41	37.39	39.91	53.3
Receivables	125.19	118.27	104.19	181.78	281.62	339.83
Inventory	106.67	112.62	210.95	243.3	209.91	204.55
Prepaid Expenses	-	0.83	0.01	-	-	-
Other Current Assets	18.73	7.51	6.47	18.23	9.25	12.1
Total Current Assets	431.11	519.43	604.23	892.31	777.65	897.28
Property, Plant & Equipment	365.36	391.3	443.46	466.79	554.36	512.76
Long-Term Investments	273.08	97.3	48.23	54.03	48.01	49.95
Other Intangible Assets	57.54	60.18	63.39	77.23	86.72	87.8
Long-Term Accounts Receivable	-	0.6	1.73	-	2.3	7.15
Long-Term Deferred Tax Assets	34.49	34.76	32.69	45.06	42.29	43.94
Long-Term Deferred Charges	6.48	8.49	17.23	21.08	25.11	16.32
Other Long-Term Assets	92.27	110.39	121.53	125.35	51.3	19.92
Total Assets	1,260	1,222	1,332	1,682	1,588	1,635

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	160.98	231.59	295.81	414.87	347.51	388.11
Accrued Expenses	11.1	24.47	29.72	37.77	70.48	93.57
Short-Term Debt	89.27	20	13.56	-	104.47	161.82
Current Portion of Long-Term Debt	26.66	23.6	14.16	14.26	-	-
Current Portion of Leases	-	0.25	2.71	5.05	5.44	7.36
Current Income Taxes Payable	7.66	0.03	0.11	2.1	-	6.34
Current Unearned Revenue	47.39	56.59	170.75	209.86	89.51	62.45
Other Current Liabilities	83.75	94.07	112.9	110.96	72.79	80.52
Total Current Liabilities	426.81	450.59	639.72	794.88	690.2	800.17
Long-Term Debt	151.94	172.63	111.15	121.23	127.02	87.45
Long-Term Leases	1.82	0.5	0.86	6.44	13	17.66
Long-Term Unearned Revenue	23.56	26.44	30.29	25.77	29.54	22.63
Long-Term Deferred Tax Liabilities	-	-	-	1.84	1.68	-
Total Liabilities	604.13	650.17	782.02	950.15	861.43	927.91

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	205.17	205.17	205.17	205.83	206.36	206.9
Additional Paid-In Capital	268.57	263.89	251.03	253.27	256.62	257.47
Retained Earnings	178.81	100.16	91.24	272.63	269.74	244.87
Treasury Stock	-	-	-	-3.04	-5.35	-7.79
Total Common Equity	652.55	569.21	547.45	728.7	727.37	701.45
Minority Interest	3.65	3.06	3	3	-1.05	5.77
Shareholders' Equity	656.2	572.28	550.45	731.7	726.32	707.22
Total Liabilities & Equity	1,260	1,222	1,332	1,682	1,588	1,635

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	269.7	216.97	142.45	146.98	249.93	274.28
Net Cash (Debt)	-89.18	63.21	140.16	302.02	26.94	66.51
Net Cash Growth	-	-54.90%	-53.59%	1020.87%	-59.49%	-73.91%
Net Cash Per Share	-0.38	0.28	0.68	1.52	0.13	0.32
Filing Date Shares Outstanding	207.09	205.17	205.17	205.83	206.36	206.9
Total Common Shares Outstanding	207.09	205.17	205.17	205.83	206.36	206.9
Working Capital	4.29	68.84	-35.49	97.43	87.45	97.11
Book Value Per Share	3.15	2.77	2.67	3.54	3.52	3.39
Tangible Book Value	595.01	509.03	484.06	651.47	640.65	613.64
Tangible Book Value Per Share	2.87	2.48	2.36	3.17	3.10	2.97
Buildings	-	372.59	372.68	346.88	391.6	196.05
Machinery	-	313.04	322.06	324.53	321.86	203
Construction In Progress	-	2.16	0.97	4.51	32.44	280.34