SHE:301282 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	233.24	239.18	391.91	491.92	512.85	83.46
Short-Term Investments	-	-	-	51.58	200.35	-
Trading Asset Securities	-	-	90.79	251.25	101.9	-
Cash & Short-Term Investments	233.24	239.18	482.7	794.75	815.11	83.46
Cash Growth	-29.39%	-50.45%	-39.27%	-2.50%	876.66%	22.83%
Accounts Receivable	1,314	923.34	777.47	647.23	564.09	449.63
Other Receivables	5.76	8.83	20.82	4.97	8	6.96
Receivables	1,320	932.17	798.3	652.2	572.09	456.59
Inventory	761.53	364.08	280.63	248.27	265.99	206.68
Prepaid Expenses	-	-	0.45	0.57	0.96	-
Other Current Assets	99.58	44.48	33.04	14.39	1.89	6.49
Total Current Assets	2,414	1,580	1,595	1,710	1,656	753.21
Property, Plant & Equipment	1,991	1,502	1,261	887.82	705.05	667.19
Long-Term Investments	59.6	9.82	10	-	-	-
Goodwill	22.13	22.13	22.13	-	-	-
Other Intangible Assets	89.24	92.47	89.46	86.8	45.4	47.4
Long-Term Deferred Tax Assets	27.2	24.39	16.72	19.19	15.55	13.19
Long-Term Deferred Charges	26.61	21.76	26.02	2.96	2.27	1.55
Other Long-Term Assets	14.61	52.84	1.21	19.23	22.63	13.16
Total Assets	4,644	3,305	3,021	2,726	2,447	1,496

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	2,022	1,109	951.36	711.54	582.22	615.82
Accrued Expenses	38.59	25.58	29.86	19.67	16.55	13.97
Short-Term Debt	178.19	150.03	125.6	238.61	46.36	146.02
Current Portion of Long-Term Debt	30.98	1.03	-	-	-	34.87
Current Portion of Leases	-	2.25	1.84	0.96	8.91	40.32
Current Income Taxes Payable	14.89	1.53	5.14	0.82	4.48	3.79
Current Unearned Revenue	8.47	0.12	0.07	0.05	0.02	1.25
Other Current Liabilities	79.66	123.26	129.17	2	2.21	0.24
Total Current Liabilities	2,373	1,413	1,243	973.64	660.76	856.27
Long-Term Debt	249.41	49.83	-	-	-	7.81
Long-Term Leases	1.39	3.68	5.51	3.58	0.18	9.83
Long-Term Unearned Revenue	129.96	115.81	87.45	72.47	77.36	70.29
Long-Term Deferred Tax Liabilities	-	1.16	-	18.98	19.97	20.54
Total Liabilities	2,754	1,583	1,336	1,069	758.27	964.74

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	210.93	151.14	151.14	151.14	151.14	113.35
Additional Paid-In Capital	1,160	1,211	1,221	1,223	1,221	243.1
Retained Earnings	550.47	387.16	334.13	283.98	317.14	175.63
Treasury Stock	-30.01	-30.01	-30.01	-	-	-
Comprehensive Income & Other	-1.2	-1	-1.12	-1.05	-0.97	-1.11
Total Common Equity	1,890	1,718	1,676	1,657	1,689	530.97
Minority Interest	0.6	3.72	9.9	-	-	-
Shareholders' Equity	1,891	1,722	1,685	1,657	1,689	530.97
Total Liabilities & Equity	4,644	3,305	3,021	2,726	2,447	1,496

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	459.98	206.82	132.95	243.15	55.46	238.83
Net Cash (Debt)	-226.74	32.36	349.75	551.6	759.65	-155.38
Net Cash Growth	-	-90.75%	-36.59%	-27.39%	-	-
Net Cash Per Share	-1.09	0.15	1.78	2.60	4.31	-0.97
Filing Date Shares Outstanding	209.28	209.28	209.28	211.6	211.6	158.69
Total Common Shares Outstanding	209.28	209.28	209.28	211.6	211.6	158.69
Working Capital	41.25	167.23	352.08	736.52	995.28	-103.06
Book Value Per Share	9.03	8.21	8.01	7.83	7.98	3.35
Tangible Book Value	1,779	1,603	1,564	1,571	1,643	483.57
Tangible Book Value Per Share	8.50	7.66	7.47	7.42	7.77	3.05
Buildings	-	524.93	478.66	327.97	303.86	242.61
Machinery	-	1,151	1,001	679.8	516.54	393.69
Construction In Progress	-	303.96	140.05	146.61	52.18	99.48