SHE:301091 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	490.05	881	873.13	672.52	406.6	690.85
Short-Term Investments	-	54.26	-	-	-	-
Trading Asset Securities	125.2	100.28	277	579.59	898.17	1,104
Cash & Short-Term Investments	615.26	1,036	1,150	1,252	1,305	1,794
Cash Growth	-27.81%	-9.96%	-8.14%	-4.04%	-27.29%	380.08%
Accounts Receivable	1,515	1,315	1,202	1,005	962.23	569.08
Other Receivables	28.14	34.48	39.4	29.41	34.45	29.75
Receivables	1,543	1,349	1,241	1,034	996.68	598.83
Inventory	208.44	159.97	178.89	167.84	72.72	19.56
Other Current Assets	104.29	27.32	22.28	49.73	16.38	24.74
Total Current Assets	2,471	2,572	2,592	2,504	2,391	2,438
Property, Plant & Equipment	650.38	685.87	551.69	464.99	448.68	408.46
Long-Term Investments	27.26	70.53	120.11	13.5	10	1.03
Goodwill	65.86	39.3	47.46	56.95	57.11	13.91
Other Intangible Assets	113.83	123.45	117.4	122.83	107.16	94.53
Long-Term Deferred Tax Assets	81.19	76.1	54.03	41.48	30.31	12.99
Long-Term Deferred Charges	60.11	39.91	27.77	8.94	8.64	12.49
Other Long-Term Assets	14.97	15.93	4.86	16.56	37.82	13.29
Total Assets	3,485	3,623	3,516	3,229	3,090	2,994

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	539.89	569.3	591.83	397.51	302.58	184.77
Accrued Expenses	28.19	125.49	188.65	230.81	216.55	168.01
Short-Term Debt	-	92.35	1.7	-	3.52	288.7
Current Portion of Long-Term Debt	11.7	6.24	6.25	6.32	23.55	13.54
Current Portion of Leases	-	7.66	9.43	9.43	21.66	19.04
Current Income Taxes Payable	82.19	10.93	8.43	18.44	19.77	6.59
Current Unearned Revenue	78.63	54.08	76.26	34.73	112.46	80.71
Other Current Liabilities	97.21	130.12	93.33	91.02	89.19	53.89
Total Current Liabilities	837.82	996.18	975.88	788.26	789.28	815.25
Long-Term Debt	20.22	24.88	31.1	37.32	43.54	88.24
Long-Term Leases	4.31	7.81	10.43	6.87	20.64	35.65
Long-Term Unearned Revenue	43.93	75.14	40.99	47.29	42.05	28.12
Long-Term Deferred Tax Liabilities	2.83	2.68	2.76	2.24	3.29	0.31
Other Long-Term Liabilities	2.96	3.19	3.5	3.82	4.11	4.42
Total Liabilities	912.07	1,110	1,065	885.79	902.9	971.99

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	527.28	527.28	405.6	312	208	160
Additional Paid-In Capital	1,083	1,076	1,184	1,270	1,364	1,405
Retained Earnings	852.37	785.67	745.6	649.55	500.03	387.8
Comprehensive Income & Other	-0.7	0.14	-0.27	0.09	0.02	-
Total Common Equity	2,462	2,389	2,335	2,232	2,072	1,953
Minority Interest	110.49	124.54	115.94	111.62	115.13	69.48
Shareholders' Equity	2,573	2,513	2,451	2,343	2,187	2,022
Total Liabilities & Equity	3,485	3,623	3,516	3,229	3,090	2,994

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	36.23	138.95	58.91	59.95	112.9	445.16
Net Cash (Debt)	579.03	896.59	1,091	1,192	1,192	1,349
Net Cash Growth	-18.91%	-17.84%	-8.47%	0.03%	-11.66%	349.17%
Net Cash Per Share	1.01	1.76	2.06	2.26	2.24	2.56
Filing Date Shares Outstanding	480.59	527.28	527.28	527.28	527.28	527.28
Total Common Shares Outstanding	480.59	527.28	527.28	527.28	527.28	527.28
Working Capital	1,633	1,576	1,616	1,716	1,601	1,622
Book Value Per Share	5.12	4.53	4.43	4.23	3.93	3.70
Tangible Book Value	2,283	2,226	2,170	2,052	1,908	1,844
Tangible Book Value Per Share	4.75	4.22	4.12	3.89	3.62	3.50
Buildings	-	569.2	569.2	298.53	298.53	297.68
Machinery	-	304.62	142.21	128.5	123.78	110.72
Construction In Progress	-	4.12	0.2	180.05	122.99	56.39