SHE:301246 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	649.93	472.74	745.59	421.86	395.19	120.43
Short-Term Investments	-	258.4	379.25	292.31	90	-
Trading Asset Securities	1,029	1,128	900.32	1,466	-	-
Cash & Short-Term Investments	1,679	1,859	2,025	2,180	485.19	120.43
Cash Growth	22.76%	-8.19%	-7.10%	349.31%	302.89%	-55.02%
Accounts Receivable	789.25	904.42	559.44	602.64	660.21	458.16
Other Receivables	59.24	46.7	79.89	141.67	87.6	45.85
Receivables	848.49	951.12	639.33	744.3	747.8	504.01
Inventory	316.15	319.01	270.53	191.51	352.95	384.48
Prepaid Expenses	-	0.23	0.05	-	-	-
Other Current Assets	341.19	167.23	111.29	86.43	78.98	20.72
Total Current Assets	3,185	3,297	3,046	3,202	1,665	1,030
Property, Plant & Equipment	2,619	2,364	2,292	1,910	1,620	891.27
Long-Term Investments	219.45	211.24	203.64	228.08	335.12	242.35
Other Intangible Assets	174.74	178.84	181.89	183.06	173.62	194.15
Long-Term Deferred Tax Assets	19.31	19.66	17.26	17.56	21.22	17.72
Long-Term Deferred Charges	3.36	4.08	5.52	5.95	6.86	11.98
Other Long-Term Assets	219.69	89.59	78.06	103.9	53.27	45.14
Total Assets	6,440	6,165	5,825	5,651	3,875	2,432

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	905.75	798.99	777.27	636.79	934.95	340.92
Accrued Expenses	14.81	63.64	55.28	57.54	65.7	57.98
Short-Term Debt	78.83	60.04	59.32	-	17.64	20.1
Current Portion of Long-Term Debt	113.4	95.82	77.01	65.9	66.09	2.84
Current Portion of Leases	-	0.75	0.74	0.6	0.56	0.53
Current Income Taxes Payable	9.16	23.07	3.56	1.15	38.29	45.65
Current Unearned Revenue	19.7	19.79	13.87	19.8	31.01	29.66
Other Current Liabilities	100.2	179.11	148.94	133.04	165.66	120.05
Total Current Liabilities	1,242	1,241	1,136	914.83	1,320	617.73
Long-Term Debt	467.51	368.34	230.36	276.12	341.67	47.22
Long-Term Leases	6.29	6.42	7.16	6.9	8.19	8.23
Long-Term Unearned Revenue	64.3	68.08	68.64	71.55	70.45	60.8
Long-Term Deferred Tax Liabilities	21.08	21.73	21.62	21.54	21.31	20.3
Total Liabilities	1,801	1,706	1,464	1,291	1,762	754.27

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	400.01	400.01	400.01	400.01	352.75	352.75
Additional Paid-In Capital	2,185	2,177	2,172	2,172	22.15	20.62
Retained Earnings	2,089	1,925	1,818	1,786	1,739	1,304
Treasury Stock	-40.34	-47.15	-32.8	-	-	-
Comprehensive Income & Other	6.91	4.97	3.37	1.89	0	0.46
Total Common Equity	4,641	4,460	4,361	4,360	2,114	1,678
Minority Interest	-1.82	-0.73	0.47	-	-	-
Shareholders' Equity	4,639	4,459	4,361	4,360	2,114	1,678
Total Liabilities & Equity	6,440	6,165	5,825	5,651	3,875	2,432

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	666.04	531.36	374.59	349.51	434.14	78.92
Net Cash (Debt)	1,013	1,328	1,651	1,831	51.05	41.51
Net Cash Growth	41.17%	-19.55%	-9.83%	3485.91%	22.99%	-62.14%
Net Cash Per Share	2.53	3.35	4.14	4.72	0.14	0.12
Filing Date Shares Outstanding	396.81	396.81	396.81	399.9	400.01	352.75
Total Common Shares Outstanding	396.81	396.81	397.89	400.01	352.75	352.75
Working Capital	1,943	2,056	1,910	2,287	345.02	411.91
Book Value Per Share	11.70	11.24	10.96	10.90	5.99	4.76
Tangible Book Value	4,466	4,281	4,179	4,177	1,940	1,484
Tangible Book Value Per Share	11.26	10.79	10.50	10.44	5.50	4.21
Buildings	-	883.32	833.02	719.62	395.96	329.31
Machinery	-	1,834	1,649	1,470	782.58	657
Construction In Progress	-	598.72	630.57	375.86	946.39	334.11