SHE:301287 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	Dec '21 Dec 31, 2021
Cash & Equivalents	984.47	807.39	867.12	1,054	333.32	239.09
Short-Term Investments	-	-	51.16	-	-	-
Trading Asset Securities	450.29	482.16	329.44	-	-	-
Cash & Short-Term Investments	1,435	1,290	1,248	1,054	333.32	239.09
Cash Growth	20.43%	3.35%	18.43%	216.08%	39.41%	2.20%
Accounts Receivable	100.93	109.9	134.77	93.55	89.14	84.98
Other Receivables	12.33	13.94	7.66	5.29	5.15	9.2
Receivables	113.26	123.84	142.43	98.83	94.29	94.18
Inventory	117.79	85.88	94.24	91.04	99.57	146.69
Prepaid Expenses	-	0.64	1.17	1.67	0.11	0.11
Other Current Assets	11.66	8.44	6.19	6.01	10.06	9.53
Total Current Assets	1,677	1,508	1,492	1,251	537.35	489.6
Property, Plant & Equipment	88.44	90.79	83.32	79.17	82.77	90.88
Long-Term Investments	21.8	21.8	21.8	21.8	21.8	21.8
Other Intangible Assets	51.46	52.96	54.76	54.13	55.26	27.89
Long-Term Accounts Receivable	-	0.43	0.42	0.48	0.73	0.56
Long-Term Deferred Tax Assets	9.42	9.83	10.92	10.01	9.32	6.13
Long-Term Deferred Charges	0.19	0.22	0.18	0.26	0.35	0.32
Other Long-Term Assets	0.4	0.26	-	1.36	-	0.5
Total Assets	1,849	1,685	1,663	1,418	707.58	637.68

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	Dec '21 Dec 31, 2021
Accounts Payable	166.81	189.51	174.83	108.44	90.06	105.95
Accrued Expenses	8.91	16.69	18.52	16.35	16.83	17.41
Short-Term Debt	410.11	209.55	170.12	10.01	58.21	8.91
Current Portion of Long-Term Debt	6.3	1.13	12.71	17.4	9.01	-
Current Portion of Leases	-	5.21	2.83	2.36	1.73	0.7
Current Income Taxes Payable	18.43	18.9	20.16	16.14	18.13	7.27
Current Unearned Revenue	10.01	6.75	18.54	13.85	16.7	15.7
Other Current Liabilities	2.55	2.16	46.79	98.31	2.74	70.74
Total Current Liabilities	623.12	449.91	464.5	282.85	213.41	226.67
Long-Term Debt	-	-	-	-	16.7	51.68
Long-Term Leases	5.03	6.86	2.53	8.19	7.11	8.08
Long-Term Unearned Revenue	29.03	29.86	30.95	30.97	63.76	28.22
Long-Term Deferred Tax Liabilities	23.2	17.09	8.19	3.71	1.69	2.92
Other Long-Term Liabilities	0.23	0.53	0.73	0.99	0.63	0.16
Total Liabilities	680.61	504.24	506.92	326.71	303.31	317.73

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	Dec '21 Dec 31, 2021
Common Stock	66.67	66.67	66.67	66.67	50	50
Additional Paid-In Capital	714.44	715.08	715.08	715.08	141.28	141.28
Retained Earnings	387.45	389.3	365.19	300.63	203.71	119.44
Total Common Equity	1,169	1,171	1,147	1,082	394.99	310.72
Minority Interest	-	9.36	9.29	9.25	9.28	9.24
Shareholders' Equity	1,169	1,180	1,156	1,092	404.27	319.96
Total Liabilities & Equity	1,849	1,685	1,663	1,418	707.58	637.68

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	Dec '21 Dec 31, 2021
Total Debt	421.44	222.75	188.2	37.96	92.77	69.37
Net Cash (Debt)	1,013	1,067	1,060	1,016	240.55	169.72
Net Cash Growth	4.64%	0.69%	4.32%	322.20%	41.73%	24.11%
Net Cash Per Share	15.06	15.98	15.91	17.39	4.82	3.39
Filing Date Shares Outstanding	66.31	66.67	66.67	66.67	50	50
Total Common Shares Outstanding	66.31	66.67	66.67	66.67	50	50
Working Capital	1,054	1,058	1,027	968.27	323.94	262.93
Book Value Per Share	17.62	17.56	17.20	16.23	7.90	6.21
Tangible Book Value	1,117	1,118	1,092	1,028	339.73	282.83
Tangible Book Value Per Share	16.85	16.77	16.38	15.42	6.79	5.66
Buildings	-	106.02	86.28	85.99	85	81.63
Machinery	-	70.44	64.75	62.69	60.41	59.69
Construction In Progress	-	2.05	16.4	0.84	0.71	3.15