SHE:301161 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	149.66	166.72	306.57	388.72	410.85	10.22
Trading Asset Securities	13.18	4.3	24.3	10	-	-
Cash & Short-Term Investments	162.84	171.02	330.87	398.72	410.85	10.22
Cash Growth	23.20%	-48.31%	-17.02%	-2.95%	3921.35%	-15.03%
Accounts Receivable	624.93	545.91	529.02	319.66	307.47	313.68
Other Receivables	4.12	2.96	3.36	1.77	0.57	0.31
Receivables	629.05	548.86	532.37	321.43	308.04	313.99
Inventory	173.7	160.31	168.01	143.84	132.36	128.84
Prepaid Expenses	-	-	-	-	1	-
Other Current Assets	11.24	8.71	10.85	6.84	8.92	20.15
Total Current Assets	976.83	888.91	1,042	870.82	861.16	473.2
Property, Plant & Equipment	209.46	220.13	225.44	136.21	133.29	129.11
Long-Term Investments	0.38	0.38	-	-	-	-
Goodwill	103.49	103.49	103.49	-	-	-
Other Intangible Assets	25.2	23.04	25.05	10.38	10.68	11.15
Long-Term Deferred Tax Assets	21.27	19.82	18.42	11.11	12.27	6.02
Long-Term Deferred Charges	14.46	14.35	15.2	1.71	0.59	2.09
Other Long-Term Assets	10.7	5.89	3.59	1.92	1.86	0.24
Total Assets	1,362	1,276	1,433	1,032	1,020	621.82

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	164	126.8	117.68	72.89	63.07	75.21
Accrued Expenses	51.01	50.21	42.95	17.38	17.83	11.53
Short-Term Debt	-	-	3.5	-	2	76.33
Current Portion of Long-Term Debt	14.56	-	-	-	-	10.06
Current Portion of Leases	-	14.51	16.1	1.57	0.76	0.83
Current Income Taxes Payable	9.43	1.55	4.94	-	3.64	0.75
Current Unearned Revenue	7.41	4.4	6.97	0.56	0.96	0.41
Other Current Liabilities	62.76	73.34	51.35	5.32	15.28	30.35
Total Current Liabilities	309.17	270.82	243.49	97.71	103.53	205.47
Long-Term Debt	-	19	19	-	-	36.63
Long-Term Leases	40.94	55.82	63.45	1.87	0.59	1.35
Total Liabilities	350.14	345.63	325.94	99.58	104.12	243.45

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	120	120	120	120	120	90
Additional Paid-In Capital	526.91	524.66	639.55	639.55	639.55	178.51
Retained Earnings	379.68	295.43	219.06	173.09	156.4	110.19
Treasury Stock	-19.67	-9.6	-	-	-	-
Comprehensive Income & Other	-0.44	-0.12	-0.11	-0.08	-0.21	-0.34
Total Common Equity	1,006	930.37	978.5	932.56	915.74	378.36
Minority Interest	5.18	-	128.86	-	-	-
Shareholders' Equity	1,012	930.37	1,107	932.56	915.74	378.36
Total Liabilities & Equity	1,362	1,276	1,433	1,032	1,020	621.82

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	55.5	89.32	102.05	3.44	3.35	125.21
Net Cash (Debt)	107.34	81.69	228.83	395.28	407.5	-114.99
Net Cash Growth	142.92%	-64.30%	-42.11%	-3.00%	-	-
Net Cash Per Share	0.90	0.69	1.89	3.30	4.15	-1.27
Filing Date Shares Outstanding	119.32	120	120	120	120	90
Total Common Shares Outstanding	119.32	120	120	120	120	90
Working Capital	667.66	618.09	798.61	773.11	757.63	267.73
Book Value Per Share	8.43	7.75	8.15	7.77	7.63	4.20
Tangible Book Value	877.77	803.84	849.96	922.18	905.06	367.22
Tangible Book Value Per Share	7.36	6.70	7.08	7.68	7.54	4.08
Land	-	-	-	-	89.21	-
Buildings	-	88.59	89.05	88.58	-	88.42
Machinery	-	147.74	131.58	87.75	77.49	59.29
Construction In Progress	-	4.53	2.57	2.96	1.38	6.06