SHE:301248 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	2,178	506.11	272.35	535.32	668.02	213.71
Trading Asset Securities	28.12	9.06	327.5	200.2	185	67.5
Cash & Short-Term Investments	2,206	515.16	599.85	735.52	853.02	281.21
Cash Growth	374.78%	-14.12%	-18.45%	-13.78%	203.34%	-22.68%
Accounts Receivable	481.51	583.03	498.56	516.76	413.17	340.13
Other Receivables	21.46	273.71	23.48	26.57	14.35	14.73
Receivables	502.97	856.75	522.04	543.33	427.52	354.86
Inventory	693.48	279.08	314.14	327.6	373.27	491.96
Other Current Assets	613.81	187.5	98.36	64.74	38.86	30.1
Total Current Assets	4,017	1,838	1,534	1,671	1,693	1,158
Property, Plant & Equipment	2,626	1,014	408.11	388.64	365.74	324.79
Long-Term Investments	75.06	10.35	-	-	-	-
Goodwill	11	11	11	13.74	13.74	13.74
Other Intangible Assets	45.26	45.49	21.71	21.02	13.2	16.61
Long-Term Accounts Receivable	-	-	12.29	21.98	13.48	-
Long-Term Deferred Tax Assets	38.27	35.01	28.52	16.53	11.44	6.54
Long-Term Deferred Charges	41.99	33.59	28.22	13.61	0.83	0.77
Other Long-Term Assets	812.45	273.24	180.64	174.5	138.16	5.56
Total Assets	7,667	3,261	2,225	2,321	2,249	1,526

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	241.12	326.32	412.69	387.63	269.75	338.58
Accrued Expenses	9.3	68.16	53.2	54.46	41.5	36.7
Short-Term Debt	1,051	853.71	0.7	0.7	10.37	23.82
Current Portion of Long-Term Debt	813.27	112.52	3.06	1.51	1.41	-
Current Portion of Leases	-	1.11	2.54	2.2	2.25	2.94
Current Income Taxes Payable	80.25	0.42	0	0.03	0	-
Current Unearned Revenue	273.56	141.75	223.4	237.99	267.06	339.7
Other Current Liabilities	19.38	5.25	27.29	10.85	11.89	6.57
Total Current Liabilities	2,488	1,509	722.88	695.38	604.23	748.32
Long-Term Debt	3,323	207.87	10.12	6.44	11.83	149.24
Long-Term Leases	2.04	0.49	0.63	2.06	2.26	4.26
Long-Term Unearned Revenue	9.25	9.4	9.6	9.81	10.01	0.71
Long-Term Deferred Tax Liabilities	8.2	8.26	9.69	10.35	9.87	-
Other Long-Term Liabilities	294.84	5.11	5.11	-	-	-
Total Liabilities	6,126	1,740	758.04	724.03	638.19	902.54

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	153.71	153.71	153.71	153.71	102.47	76.85
Additional Paid-In Capital	1,059	1,047	1,042	1,039	1,090	203.98
Retained Earnings	320.92	280.2	269.59	364.81	378.66	342.84
Treasury Stock	-29.97	-	-39.83	-	-	-
Comprehensive Income & Other	40.11	40.46	40.12	40.12	40.12	-
Total Common Equity	1,543	1,521	1,466	1,597	1,611	623.67
Minority Interest	-2.27	-0.34	0.78	-0.13	-0.07	-0.06
Shareholders' Equity	1,541	1,521	1,467	1,597	1,611	623.6
Total Liabilities & Equity	7,667	3,261	2,225	2,321	2,249	1,526

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	5,190	1,176	17.05	12.91	28.12	180.27
Net Cash (Debt)	-2,984	-660.54	582.8	722.61	824.91	100.94
Net Cash Growth	-	-	-19.35%	-12.40%	717.21%	-66.10%
Net Cash Per Share	-19.57	-4.35	3.79	4.37	5.86	0.88
Filing Date Shares Outstanding	131.58	153.71	150.66	153.71	153.71	153.71
Total Common Shares Outstanding	131.58	153.71	150.66	153.71	153.71	115.28
Working Capital	1,528	329.24	811.52	975.81	1,088	409.81
Book Value Per Share	11.73	9.90	9.73	10.39	10.48	5.41
Tangible Book Value	1,487	1,465	1,433	1,563	1,584	593.31
Tangible Book Value Per Share	11.30	9.53	9.51	10.17	10.31	5.15
Buildings	-	421.06	412.66	325.15	308.41	1.8
Machinery	-	697.81	42.76	40.79	36.12	24.68
Construction In Progress	-	6.29	4.32	56.03	41.51	306.75