SHE:300909 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	389.99	251.83	325.53	388.06	355.48	358.91
Short-Term Investments	-	-	43.96	111.54	40	50
Trading Asset Securities	60.36	105.36	95.5	55.07	51.25	-
Cash & Short-Term Investments	450.35	357.19	464.98	554.66	446.73	408.91
Cash Growth	18.35%	-23.18%	-16.17%	24.16%	9.25%	-47.12%
Accounts Receivable	648.79	634.08	582.47	609.18	320.99	356.35
Other Receivables	27.81	27.22	27.15	21.68	27.02	24.51
Receivables	676.6	661.3	609.61	630.86	348.01	380.86
Inventory	440.02	389.69	280.53	223.07	130.8	148.71
Other Current Assets	96.71	83.91	80.05	53.21	37.41	16.59
Total Current Assets	1,664	1,492	1,435	1,462	962.95	955.07
Property, Plant & Equipment	1,664	1,452	1,101	779.9	640.82	392.13
Long-Term Investments	20.51	33.36	30.7	28.12	28.12	14.81
Goodwill	130.17	122.87	159.45	159.45	1.47	-
Other Intangible Assets	73.12	77.72	82.63	86.93	56.52	9.15
Long-Term Accounts Receivable	-	-	-	0.72	-	-
Long-Term Deferred Tax Assets	35.53	25.56	20.65	12.84	11.43	13.14
Long-Term Deferred Charges	48.57	42.09	51.01	53.48	29.72	30.79
Other Long-Term Assets	38.84	59.73	32.71	110.71	177.5	193.94
Total Assets	3,674	3,306	2,913	2,694	1,909	1,609

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	442.73	428.91	302.73	323.52	158.17	199.86
Accrued Expenses	27.07	33.94	43.36	34.61	23.38	23.61
Short-Term Debt	148.9	158.89	178.06	110.01	72.78	4.85
Current Portion of Long-Term Debt	63.9	31.75	31.39	-	-	-
Current Portion of Leases	-	35.94	30.14	35.5	29.22	14.09
Current Income Taxes Payable	5.57	3.67	5.71	5.52	4.25	5
Current Unearned Revenue	40.76	36.77	16.22	11.32	15.79	2.03
Other Current Liabilities	234.82	157.8	74.11	62.11	57.64	33.12
Total Current Liabilities	963.74	887.66	681.72	582.59	361.23	282.57
Long-Term Debt	546.22	304.68	87.34	-	-	-
Long-Term Leases	112.96	133.15	141.6	173.96	181.2	46.17
Long-Term Unearned Revenue	23.44	7.4	6.92	5.06	0.57	1.05
Other Long-Term Liabilities	-	-	-	-	0.7	-
Total Liabilities	1,646	1,333	917.57	761.61	543.71	329.79

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	172.97	172.97	172.97	172.97	151.36	100.91
Additional Paid-In Capital	1,175	1,158	1,154	1,154	701.6	742.81
Retained Earnings	675.76	653.56	678.64	603.84	510.07	431.68
Comprehensive Income & Other	-8.05	-6.5	-7.62	1.29	-0.31	3.83
Total Common Equity	2,015	1,978	1,998	1,932	1,363	1,279
Minority Interest	12.4	-5.14	-2.13	0.36	2.1	-
Shareholders' Equity	2,028	1,973	1,996	1,932	1,365	1,279
Total Liabilities & Equity	3,674	3,306	2,913	2,694	1,909	1,609

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	871.98	664.41	468.52	319.47	283.21	65.11
Net Cash (Debt)	-421.63	-307.22	-3.55	235.19	163.52	343.8
Net Cash Growth	-	-	-	43.83%	-52.44%	-51.26%
Net Cash Per Share	-2.48	-1.76	-0.02	1.43	1.08	2.26
Filing Date Shares Outstanding	155.18	172.97	172.97	172.97	151.36	151.36
Total Common Shares Outstanding	155.18	172.97	172.97	172.97	151.36	151.36
Working Capital	699.95	604.43	753.46	879.21	601.72	672.5
Book Value Per Share	12.99	11.43	11.55	11.17	9.00	8.45
Tangible Book Value	1,812	1,777	1,756	1,686	1,305	1,270
Tangible Book Value Per Share	11.68	10.27	10.15	9.74	8.62	8.39
Buildings	-	234.41	217.79	202.5	202.5	-
Machinery	-	610.17	521.83	425.16	233.24	172.79
Construction In Progress	-	694.76	386.32	83.56	66.05	205.28