SHE:301323 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	366.3	303.84	266.81	398.21	109.92	104.74
Short-Term Investments	-	366.78	-	-	-	-
Trading Asset Securities	663.8	520.36	615.85	139.02	397.88	281.34
Cash & Short-Term Investments	1,030	1,191	882.66	537.23	507.81	386.08
Cash Growth	23.72%	34.93%	64.30%	5.79%	31.53%	34.73%
Accounts Receivable	320.48	224	207.15	182.91	123.24	163.92
Other Receivables	7.46	6.81	2.62	5.27	2.19	2.25
Receivables	327.94	230.82	209.77	188.19	125.43	166.17
Inventory	292.83	203.33	146.18	130.07	123.68	122.89
Other Current Assets	151.8	17.85	7.92	7.18	6.33	10.11
Total Current Assets	1,803	1,643	1,247	862.66	763.24	685.26
Property, Plant & Equipment	509.39	455.66	385.01	249.12	193.96	190.1
Long-Term Investments	-	185.62	571.48	997.63	5	-
Goodwill	12.6	12.6	13.62	13.62	7.32	7.32
Other Intangible Assets	59.92	61.35	47.27	48.75	49.29	50.96
Long-Term Deferred Tax Assets	40.15	26.59	11.62	3.21	2.29	2.77
Long-Term Deferred Charges	10.66	10.01	5.46	3.25	2.82	2.95
Other Long-Term Assets	85.35	9.69	10.25	1.96	0.5	2.36
Total Assets	2,521	2,404	2,291	2,180	1,024	941.71

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	94.66	93.15	82.01	61.45	48.2	57.57
Accrued Expenses	33.81	41.45	47.31	42.79	37.18	39.83
Short-Term Debt	10.35	8.01	-	-	-	-
Current Portion of Leases	1.54	3.23	6.79	5.42	3.07	3.04
Current Income Taxes Payable	12.85	4.93	9.74	8.54	7.08	5.51
Current Unearned Revenue	13.3	11.43	10.18	9.23	5.51	6.71
Other Current Liabilities	10.77	14.85	8.63	11.04	5.98	12.6
Total Current Liabilities	177.3	177.04	164.65	138.47	107.02	125.26
Long-Term Leases	3.1	5.03	15.64	22.92	6.04	8.49
Long-Term Unearned Revenue	5.28	2.38	2.63	2.67	3.25	3.75
Long-Term Deferred Tax Liabilities	0.08	0.11	0.16	0.22	-	-
Total Liabilities	185.76	184.54	183.08	164.27	116.31	137.5

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	106.58	105.59	104.92	104.92	78.69	78.69
Additional Paid-In Capital	1,590	1,560	1,519	1,489	561.57	553.51
Retained Earnings	674.46	588.02	511.85	408.13	270.03	173.65
Treasury Stock	-42	-42	-40.99	-	-	-
Comprehensive Income & Other	-9.5	-7.54	-4.64	-2.75	-2.17	-1.65
Total Common Equity	2,319	2,204	2,090	1,999	908.12	804.21
Minority Interest	15.49	16.29	18.06	17.05	-	-
Shareholders' Equity	2,335	2,220	2,108	2,016	908.12	804.21
Total Liabilities & Equity	2,521	2,404	2,291	2,180	1,024	941.71

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	15	16.26	22.43	28.33	9.1	11.52
Net Cash (Debt)	1,015	1,175	860.23	508.9	498.7	374.56
Net Cash Growth	24.54%	36.56%	69.04%	2.04%	33.15%	30.71%
Net Cash Per Share	9.58	11.21	8.17	4.85	6.35	4.76
Filing Date Shares Outstanding	105.19	104.19	103.52	103.85	78.69	78.69
Total Common Shares Outstanding	105.19	104.19	103.55	104.92	78.69	78.69
Working Capital	1,625	1,466	1,082	724.19	656.23	560
Book Value Per Share	22.05	21.15	20.18	19.05	11.54	10.22
Tangible Book Value	2,247	2,130	2,029	1,937	851.51	745.93
Tangible Book Value Per Share	21.36	20.44	19.60	18.46	10.82	9.48
Buildings	-	349.4	137.35	137.35	137.36	136.61
Machinery	-	235.04	187.7	169.5	145.12	130.27
Construction In Progress	-	31.47	186.11	42.67	10.7	3.27