SHE:301293 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	445.46	447.72	708.35	822.12	600.39	462.33
Trading Asset Securities	40.02	-	50.13	762.41	10	90.17
Cash & Short-Term Investments	485.48	447.72	758.48	1,585	610.39	552.5
Cash Growth	-3.50%	-40.97%	-52.13%	159.59%	10.48%	-10.47%
Accounts Receivable	152.88	114.36	120.37	96.73	69.21	90.91
Other Receivables	10.27	8.29	8.81	3.93	5.42	4.62
Receivables	163.14	122.66	129.18	100.67	74.63	95.53
Inventory	73.81	63.21	53.74	31.34	31.7	28.41
Prepaid Expenses	-	0.7	4.09	0.17	0.31	0.66
Other Current Assets	19.83	24.37	34.97	16.91	25.15	22.22
Total Current Assets	742.26	658.66	980.46	1,734	742.19	699.32
Property, Plant & Equipment	2,062	2,106	1,595	759.58	643.32	597.12
Long-Term Investments	136.92	83.28	-	-	-	10.45
Goodwill	160.91	171.07	171.07	25.39	15.17	15.17
Other Intangible Assets	574.03	573.93	579.74	503.88	403.84	414.37
Long-Term Deferred Tax Assets	19.51	19.87	13.83	14.76	14.33	11.89
Long-Term Deferred Charges	250.3	269.76	80.49	87.43	28.78	29.82
Other Long-Term Assets	25.64	27.03	110.94	9.44	91.23	12.6
Total Assets	3,971	3,910	3,531	3,134	1,939	1,791

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	262.69	126.38	149.77	145.34	107.66	110.54
Accrued Expenses	91.32	142.79	150.38	113.55	54.65	79.58
Short-Term Debt	8.01	-	-	1	12.13	19.11
Current Portion of Long-Term Debt	33.88	6.49	-	-	-	-
Current Portion of Leases	-	34.82	34.1	40.62	40.22	32.63
Current Income Taxes Payable	24.93	10.31	9.13	8.24	3.3	0.42
Current Unearned Revenue	16.43	11.83	10.95	6.15	5.34	5.1
Other Current Liabilities	73.83	243.94	212.55	127.53	119.52	43.11
Total Current Liabilities	511.07	576.55	566.88	442.43	342.8	290.49
Long-Term Debt	498.09	423.04	135.78	-	-	-
Long-Term Leases	160.3	199.98	139.27	144.41	180.67	216.25
Long-Term Unearned Revenue	7.18	6.75	4.63	3.77	3.95	7.29
Long-Term Deferred Tax Liabilities	32.07	28.54	29.38	0.1	-	0.71
Other Long-Term Liabilities	81.28	29.71	25.45	35.24	30.62	35.94
Total Liabilities	1,290	1,265	901.39	625.95	558.03	550.68

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
Common Stock	205.99	205.99	205.99	158.45	118.84	118.84
Additional Paid-In Capital	1,621	1,621	1,632	1,691	721.22	676.35
Retained Earnings	686.95	619.23	565.09	475.11	396.87	334.11
Treasury Stock	-104.19	-104.19	-104.19	-	-	-
Total Common Equity	2,410	2,342	2,298	2,325	1,237	1,129
Minority Interest	271	302.74	331.46	183.44	143.89	110.76
Shareholders' Equity	2,681	2,645	2,630	2,508	1,381	1,240
Total Liabilities & Equity	3,971	3,910	3,531	3,134	1,939	1,791

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	700.27	664.32	309.14	186.03	233.01	267.99
Net Cash (Debt)	-214.79	-216.6	449.34	1,399	377.38	284.51
Net Cash Growth	-	-	-67.87%	270.58%	32.64%	-50.46%
Net Cash Per Share	-1.04	-1.05	2.18	7.33	2.42	1.84
Filing Date Shares Outstanding	206.28	202.99	202.99	205.99	154.49	154.49
Total Common Shares Outstanding	206.28	202.99	202.99	205.99	154.49	154.49
Working Capital	231.18	82.12	413.59	1,291	399.38	408.83
Book Value Per Share	11.68	11.54	11.32	11.29	8.01	7.31
Tangible Book Value	1,675	1,597	1,548	1,795	817.92	699.76
Tangible Book Value Per Share	8.12	7.87	7.62	8.72	5.29	4.53
Buildings	-	1,076	336.92	-	-	-
Machinery	-	882.25	574.94	482.8	450.61	417.7
Construction In Progress	-	321.05	866.19	391.84	236.16	152.9