SHE:300949 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	220.1	178.51	164.88	155.36	225.67	231.12
Trading Asset Securities	122.54	170.43	213.16	517.85	460.19	588.89
Cash & Short-Term Investments	342.63	348.94	378.04	673.21	685.86	820
Cash Growth	-5.50%	-7.70%	-43.84%	-1.84%	-16.36%	170.10%
Accounts Receivable	275.61	302.29	353	411.14	403.64	329.35
Other Receivables	16.12	10.82	7.64	18.91	11.12	8.24
Receivables	291.73	313.11	360.64	430.05	414.76	337.59
Inventory	11.76	38.73	49.33	58.35	64.46	27.3
Other Current Assets	14.63	14	16.5	19.74	11.18	3.96
Total Current Assets	660.75	714.78	804.51	1,181	1,176	1,189
Property, Plant & Equipment	64.36	79.43	94.19	138.29	133.65	126.53
Long-Term Investments	101.01	100.37	121.22	36.74	58.61	43.09
Goodwill	-	-	0.98	12.74	19.64	-
Other Intangible Assets	0	22.39	28.26	29.89	2.71	2.13
Long-Term Accounts Receivable	-	4.31	4.63	-	-	-
Long-Term Deferred Tax Assets	38.38	40.99	54.21	43.36	19.51	15.57
Long-Term Deferred Charges	19.63	22.28	43.19	28.68	8.76	10.13
Other Long-Term Assets	56.62	55.62	74.29	86.64	63.49	74.97
Total Assets	940.75	1,040	1,225	1,558	1,483	1,461

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	93.93	139.07	114.02	142.91	65.24	42.8
Accrued Expenses	22.54	63.79	62.23	66.49	67.93	71.19
Short-Term Debt	80.36	85.76	142.13	168.76	1.65	1
Current Portion of Leases	-	8.43	13.16	13.95	14.56	18.69
Current Income Taxes Payable	2.65	0.08	0.06	0.78	0.12	5.94
Current Unearned Revenue	88.57	105.25	123.16	132.85	152.49	95.86
Other Current Liabilities	63.38	26.87	33.24	20.88	14.47	4.13
Total Current Liabilities	359.58	429.25	488.01	546.62	316.46	239.61
Long-Term Leases	29.34	34.69	28.63	22.83	11.83	21.63
Long-Term Unearned Revenue	0.02	0.05	0.09	0.11	-	-
Long-Term Deferred Tax Liabilities	4.2	5.18	3.94	4.65	4.28	0.19
Other Long-Term Liabilities	1.15	1.12	1.75	1.68	-	-
Total Liabilities	394.3	470.29	522.41	575.88	332.57	261.43

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	87	60.33	60.51	60	60	60
Additional Paid-In Capital	701.99	735.57	737.22	724.25	723.83	724.51
Retained Earnings	-243.7	-223.86	-95.51	186.57	363.1	414.61
Treasury Stock	-	-6.75	-10.41	-	-	-
Comprehensive Income & Other	-0.66	1.85	3.26	2.34	-0.18	-0.02
Total Common Equity	544.63	567.14	695.07	973.16	1,147	1,199
Minority Interest	1.82	2.73	8.01	8.66	3.31	0.74
Shareholders' Equity	546.45	569.87	703.07	981.82	1,150	1,200
Total Liabilities & Equity	940.75	1,040	1,225	1,558	1,483	1,461

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	117.85	128.88	183.91	205.54	28.04	41.33
Net Cash (Debt)	224.78	220.06	194.13	467.67	657.82	778.67
Net Cash Growth	-3.11%	13.35%	-58.49%	-28.90%	-15.52%	174.33%
Net Cash Per Share	2.57	2.53	2.23	5.37	7.56	9.33
Filing Date Shares Outstanding	90.16	87.48	87.73	87	87	87
Total Common Shares Outstanding	90.16	87.48	87.73	87	87	87
Working Capital	301.17	285.53	316.5	634.73	859.79	949.24
Book Value Per Share	6.04	6.48	7.92	11.19	13.18	13.78
Tangible Book Value	544.63	544.75	665.83	930.53	1,124	1,197
Tangible Book Value Per Share	6.04	6.23	7.59	10.70	12.92	13.76
Buildings	-	40.86	44.98	53.12	105.56	86.03
Machinery	-	35.84	48.93	57.68	36.73	24.79
Construction In Progress	-	6.15	6.15	26.86	-	-