SHE:301077 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	896.38	895.88	993.45	1,044	998.12	965.82
Trading Asset Securities	328.19	82.11	135.44	0.13	5	-
Cash & Short-Term Investments	1,225	977.99	1,129	1,044	1,003	965.82
Cash Growth	14.15%	-13.37%	8.12%	4.08%	3.86%	684.58%
Accounts Receivable	227.54	118.31	139.4	129.73	126.48	116.41
Other Receivables	6.72	4.79	4.06	4.15	2.36	18.04
Receivables	234.26	123.09	143.46	133.88	128.85	134.45
Inventory	254.18	150.4	143.16	147.6	164.95	115.97
Prepaid Expenses	-	0.65	0.4	0.53	0.77	0.17
Other Current Assets	44.93	17.23	18.66	14.83	11.59	14.2
Total Current Assets	1,758	1,269	1,435	1,341	1,309	1,231
Property, Plant & Equipment	375.94	356.7	368.76	344.54	259.39	233.03
Long-Term Investments	0.06	0.06	0.06	-	2	-
Other Intangible Assets	69.65	70.66	71.9	73.63	64.3	42.66
Long-Term Accounts Receivable	-	-	3.09	6.08	-	-
Long-Term Deferred Tax Assets	7.24	4.32	4.33	3.4	2.27	2.21
Long-Term Deferred Charges	3.19	1.18	1.32	2.33	4.19	4.62
Other Long-Term Assets	13.63	9.78	4.52	6.05	6.07	23.77
Total Assets	2,321	1,712	1,889	1,777	1,647	1,537

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	216.34	122.92	132.71	126.36	134.94	116.33
Accrued Expenses	20.26	27.97	29.8	21.77	13.92	18.32
Short-Term Debt	575.53	307.96	438.66	299.7	189.64	30.04
Current Portion of Long-Term Debt	5.42	1.49	1.05	45.05	5	7.76
Current Portion of Leases	-	0.64	2.55	1.34	2.41	2.9
Current Income Taxes Payable	8.38	3.67	7.16	7.4	2.88	10.44
Current Unearned Revenue	57.94	18.42	13.51	11.62	13.37	13.72
Other Current Liabilities	84.93	15.74	20.8	22.74	19.66	43.29
Total Current Liabilities	968.81	498.81	646.24	535.99	381.83	242.8
Long-Term Debt	108.81	43.89	14.96	5	45.04	52.07
Long-Term Leases	5.62	1.04	1.83	3.35	0.24	1.59
Long-Term Deferred Tax Liabilities	0.33	0.47	0.76	0.96	1.15	-
Other Long-Term Liabilities	-	1.28	-	-	-	-
Total Liabilities	1,084	545.49	663.78	545.3	428.26	296.46

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	170.25	170.08	120	120	120	60
Additional Paid-In Capital	618.77	617.75	764.6	762.64	761.99	821.34
Retained Earnings	426	380.49	394.76	350.71	337.24	359.1
Treasury Stock	-	-	-52.98	-	-	-
Comprehensive Income & Other	-1.79	-1.73	-1.65	-1.7	-	-
Total Common Equity	1,213	1,167	1,225	1,232	1,219	1,240
Minority Interest	24.2	-	-	-	-0	-
Shareholders' Equity	1,237	1,167	1,225	1,232	1,219	1,240
Total Liabilities & Equity	2,321	1,712	1,889	1,777	1,647	1,537

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	695.38	355.02	459.05	354.44	242.34	94.36
Net Cash (Debt)	529.18	622.98	669.84	689.64	760.78	871.46
Net Cash Growth	-10.37%	-7.00%	-2.87%	-9.35%	-12.70%	1296.47%
Net Cash Per Share	3.14	3.66	3.82	3.93	4.35	6.10
Filing Date Shares Outstanding	170.85	170.08	172.16	175.2	175.2	175.2
Total Common Shares Outstanding	170.85	170.08	172.16	175.2	175.2	175.2
Working Capital	789.13	770.56	788.32	804.94	927.45	987.81
Book Value Per Share	7.10	6.86	7.11	7.03	6.96	7.08
Tangible Book Value	1,050	1,096	1,153	1,158	1,155	1,198
Tangible Book Value Per Share	6.15	6.44	6.70	6.61	6.59	6.84
Buildings	-	306.99	215.18	139.84	139.84	75.72
Machinery	-	160.57	170.2	158.34	135.91	108.93
Construction In Progress	-	5.6	79.85	120.86	41.3	84.61