SHE:301230 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	133.78	59.11	84.52	204.3	763.64	108.44
Short-Term Investments	-	4.49	4.53	4.96	6.36	4.33
Trading Asset Securities	135.68	248.98	251.77	340.79	10.65	0.4
Cash & Short-Term Investments	269.46	312.58	340.81	550.05	780.65	113.17
Cash Growth	-10.91%	-8.29%	-38.04%	-29.54%	589.78%	1.71%
Accounts Receivable	153.97	151.35	101.79	86.25	87.74	92.35
Other Receivables	5.01	3.38	3.07	2.53	0.02	0.01
Receivables	158.98	154.73	104.86	88.78	87.76	92.36
Inventory	66.7	74.05	69.04	61.42	51.09	46.77
Prepaid Expenses	-	-	-	-	1.65	-
Other Current Assets	47.8	40.74	39.6	31.08	15.39	24.91
Total Current Assets	542.94	582.1	554.32	731.32	936.53	277.21
Property, Plant & Equipment	329.22	338.38	359.83	570.23	254.66	217.62
Long-Term Investments	83.05	33.17	20.08	10.08	-	1.9
Other Intangible Assets	9.09	8.62	8.49	8.71	8.25	7.94
Long-Term Deferred Tax Assets	53.5	47.2	30.81	10.29	2.84	2.05
Long-Term Deferred Charges	256.02	283.08	318.97	155.33	71.06	50.62
Other Long-Term Assets	12.84	21.56	23.93	1.19	27.92	0.45
Total Assets	1,287	1,314	1,316	1,487	1,301	557.81

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	56.5	62.56	52.12	114.61	39.77	50.65
Accrued Expenses	43.45	46.78	34.65	32.61	34.34	31.26
Short-Term Debt	10.01	10.01	10.01	15.92	10.01	22.34
Current Portion of Leases	23.59	25.99	20.41	18.76	9.86	9.09
Current Income Taxes Payable	2.21	1.02	0.92	3.33	2.21	7.46
Current Unearned Revenue	9.63	8.15	5.11	4.17	2.5	7.01
Other Current Liabilities	9.65	17.7	2.19	1.81	2.18	0.85
Total Current Liabilities	155.05	172.21	125.4	191.22	100.87	128.67
Long-Term Leases	110.61	129.3	151.29	171.67	80.43	76.92
Long-Term Unearned Revenue	0.22	0.22	0.17	-	-	-
Long-Term Deferred Tax Liabilities	4.4	4.16	3.31	3.63	2.51	0.06
Other Long-Term Liabilities	2.26	3.98	3.57	3.1	4.56	3.72
Total Liabilities	272.54	309.87	283.73	369.62	188.38	209.37

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	180.94	139.59	139.59	107.62	76.87	57.62
Additional Paid-In Capital	732.04	772.93	766.81	798.77	824.13	146.08
Retained Earnings	146.32	144.84	179.32	211.15	211.97	144.07
Treasury Stock	-45.09	-53.08	-53.08	-	-	-
Comprehensive Income & Other	-0.09	-0.04	0.06	-	-0.08	0.66
Shareholders' Equity	1,014	1,004	1,033	1,118	1,113	348.44
Total Liabilities & Equity	1,287	1,314	1,316	1,487	1,301	557.81

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	144.21	165.31	181.71	206.35	100.3	108.35
Net Cash (Debt)	125.25	147.27	159.11	343.69	680.35	4.82
Net Cash Growth	-1.75%	-7.44%	-53.71%	-49.48%	14005.50%	-94.56%
Net Cash Per Share	0.68	0.79	0.86	1.90	4.73	0.04
Filing Date Shares Outstanding	179.2	178.8	178.8	181.88	181.88	136.34
Total Common Shares Outstanding	179.2	178.8	178.8	181.88	181.88	136.34
Working Capital	387.89	409.88	428.92	540.1	835.66	148.54
Book Value Per Share	5.66	5.62	5.78	6.14	6.12	2.56
Tangible Book Value	1,005	995.61	1,024	1,109	1,105	340.5
Tangible Book Value Per Share	5.61	5.57	5.73	6.10	6.07	2.50
Buildings	-	56.6	53.88	53.88	52.56	48.86
Machinery	-	281.61	262.93	228.35	170.56	126.61
Construction In Progress	-	7.33	1.42	199.98	27.42	24.77
Order Backlog	-	-	311.78	308.14	365.31	236.88