SHE:300875 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	60.77	109.52	217.82	388.18	484.73	714.5
Trading Asset Securities	108.19	71.02	89.11	47.2	8.31	100.05
Cash & Short-Term Investments	168.95	180.53	306.93	435.37	493.03	814.55
Cash Growth	12.43%	-41.18%	-29.50%	-11.70%	-39.47%	-8.39%
Accounts Receivable	225.05	336.72	185.09	211.6	221.93	171.55
Other Receivables	18.84	19.08	11.25	8.7	14.59	7.54
Receivables	243.9	355.8	196.35	220.3	236.52	179.09
Inventory	208.98	167.14	178.25	198.55	192.61	48.57
Other Current Assets	76.52	67.75	62.4	48.83	54.08	14.23
Total Current Assets	698.35	771.22	743.93	903.05	976.24	1,056
Property, Plant & Equipment	310.11	316.9	309.46	331.84	321.91	247.72
Long-Term Investments	115.57	113.59	111.67	67.34	67.38	31.99
Goodwill	54.9	54.9	48.34	138.03	188.8	182.08
Other Intangible Assets	54.86	56.59	64.7	74.41	81.18	76.39
Long-Term Accounts Receivable	-	6.19	4.58	3.24	2.45	-
Long-Term Deferred Tax Assets	14.96	15.05	17.37	16.8	12.11	9.89
Long-Term Deferred Charges	6.2	6.74	6.75	6.13	7.77	6.73
Other Long-Term Assets	8.75	3.45	1.23	10.03	22.19	23.48
Total Assets	1,264	1,345	1,308	1,551	1,680	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	81.92	60.4	65.01	51.81	42.68	28.83
Accrued Expenses	14.82	39.03	26.05	40.89	47.17	22.63
Short-Term Debt	-	30.04	8.51	2.57	3	1.6
Current Portion of Leases	-	4.64	5.24	4.81	4.93	3.91
Current Income Taxes Payable	1.28	0.3	1.11	3.07	9.77	6.13
Current Unearned Revenue	64.52	58.68	71.17	56.83	53.85	10.89
Other Current Liabilities	144.36	197.45	84.92	42.04	101.91	135.71
Total Current Liabilities	311.33	390.53	262.01	202.02	263.32	209.69
Long-Term Debt	14	4	-	-	-	-
Long-Term Leases	4.04	4.02	5.01	8.46	13.23	10.43
Long-Term Unearned Revenue	6.14	6.97	8.06	8.04	8.03	6.48
Long-Term Deferred Tax Liabilities	0.16	0.13	1.08	1.85	2.45	2.58
Total Liabilities	354.23	405.66	276.17	220.37	287.02	229.18

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	99.83	99.83	99.83	99.83	99.83	76.8
Additional Paid-In Capital	707.88	976.58	975.08	982.95	981.96	1,005
Retained Earnings	33.55	-209.19	-96.7	181.56	249.46	289.93
Treasury Stock	-14.71	-16.88	-16.88	-	-	-
Comprehensive Income & Other	7.06	5.92	4.13	1.96	0.25	-
Total Common Equity	833.61	856.27	965.47	1,266	1,332	1,372
Minority Interest	75.87	82.7	66.38	64.2	61.5	33.95
Shareholders' Equity	909.48	938.97	1,032	1,331	1,393	1,406
Total Liabilities & Equity	1,264	1,345	1,308	1,551	1,680	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	22.47	42.71	18.76	15.84	21.16	15.94
Net Cash (Debt)	146.49	137.83	288.17	419.54	471.87	798.62
Net Cash Growth	48.29%	-52.17%	-31.31%	-11.09%	-40.91%	-10.18%
Net Cash Per Share	1.49	1.38	2.90	4.20	4.60	7.73
Filing Date Shares Outstanding	104.69	99.13	99.13	99.83	99.83	99.83
Total Common Shares Outstanding	104.69	99.13	99.13	99.83	99.83	99.83
Working Capital	387.03	380.69	481.92	701.04	712.93	846.76
Book Value Per Share	7.96	8.64	9.74	12.68	13.34	13.74
Tangible Book Value	723.85	744.78	852.43	1,054	1,062	1,113
Tangible Book Value Per Share	6.91	7.51	8.60	10.56	10.63	11.15
Buildings	-	-	-	300.03	205.01	184.73
Machinery	-	59.48	46.84	57.95	48.92	36.01
Construction In Progress	-	7.91	0.28	0.68	76.25	27.24