SHE:301083 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	235.38	237.36	194.69	306.53	550.76	561.5
Short-Term Investments	-	199.49	146.88	10.08	15.8	-
Trading Asset Securities	219.64	163.52	217.54	117.79	50.28	-
Cash & Short-Term Investments	455.02	600.37	559.11	434.4	616.85	561.5
Cash Growth	16.14%	7.38%	28.71%	-29.58%	9.86%	278.31%
Accounts Receivable	85.08	79.5	101.63	62.37	76.24	86.44
Other Receivables	2.79	3.11	2.72	1.07	0.56	0.78
Receivables	87.87	82.61	104.35	63.44	76.8	87.22
Inventory	76.09	76.97	71	86.55	79.48	77.51
Prepaid Expenses	-	1.13	0.01	-	-	-
Other Current Assets	90.5	20.74	7.33	98.76	4.81	14.86
Total Current Assets	709.49	781.83	741.8	683.15	777.94	741.1
Property, Plant & Equipment	412.34	209.6	152.98	145.35	119.18	96.84
Long-Term Investments	9.92	4.72	64.39	121.31	-	-
Other Intangible Assets	45.89	47.59	45.57	44.16	40.38	40.4
Long-Term Accounts Receivable	-	12.36	25.89	19.21	1.97	14.64
Long-Term Deferred Tax Assets	8.02	5.18	9.91	5.83	4.78	4.21
Long-Term Deferred Charges	8.85	0.16	0.29	0.41	1.14	2.19
Other Long-Term Assets	5.53	-	-	0.05	0.05	2.1
Total Assets	1,200	1,061	1,041	1,019	945.45	901.47

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	129.79	148.14	158.92	148.65	108.05	121.27
Accrued Expenses	5.06	10.1	12.6	11.52	10.72	15.01
Short-Term Debt	88.04	-	-	-	-	-
Current Portion of Leases	-	0.32	0.91	0.44	0.34	0.17
Current Income Taxes Payable	1.79	0.81	3.2	0.43	0.4	2.54
Current Unearned Revenue	7.82	10.8	9.49	12.31	10.78	6.72
Other Current Liabilities	12.15	14.39	12.23	13.46	13.16	12.64
Total Current Liabilities	245.01	184.57	197.35	186.8	143.45	158.35
Long-Term Leases	110.41	24.36	0.3	0.01	0.38	-
Long-Term Unearned Revenue	7.96	8.17	8.46	8.67	8.85	8.03
Long-Term Deferred Tax Liabilities	0.32	0.22	0.55	0.31	0.23	-
Other Long-Term Liabilities	-	-	0.07	0.06	0.37	0.34
Total Liabilities	363.7	217.32	206.72	195.85	153.27	166.72

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	177.87	177.87	177.87	177.87	177.87	177.87
Additional Paid-In Capital	373.73	373.73	373.73	373.73	373.73	373.73
Retained Earnings	273.53	282.46	273.3	261.62	232.66	177.31
Total Common Equity	825.12	834.05	824.9	813.22	784.26	728.91
Minority Interest	11.21	10.06	9.21	10.41	7.92	5.84
Shareholders' Equity	836.34	844.12	834.1	823.63	792.18	734.74
Total Liabilities & Equity	1,200	1,061	1,041	1,019	945.45	901.47

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	198.79	24.68	1.21	0.45	0.72	0.17
Net Cash (Debt)	256.23	575.69	557.9	433.95	616.13	561.34
Net Cash Growth	-34.49%	3.19%	28.56%	-29.57%	9.76%	278.20%
Net Cash Per Share	1.44	3.24	3.14	2.44	3.46	3.93
Filing Date Shares Outstanding	175.41	177.87	177.87	177.87	177.87	177.87
Total Common Shares Outstanding	175.41	177.87	177.87	177.87	177.87	177.87
Working Capital	464.48	597.26	544.45	496.35	634.49	582.75
Book Value Per Share	4.70	4.69	4.64	4.57	4.41	4.10
Tangible Book Value	779.23	786.46	779.33	769.05	743.87	688.51
Tangible Book Value Per Share	4.44	4.42	4.38	4.32	4.18	3.87
Buildings	-	143.06	142.72	73.02	73.02	73.54
Machinery	-	92.82	89.45	90.47	89.64	81.98
Construction In Progress	-	8.3	2.94	59.33	23.58	1.49