SHE:301387 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	363.57	450.62	259.22	279.86	141.17	160.16
Trading Asset Securities	115.33	216.23	240.64	379.17	-	1.67
Cash & Short-Term Investments	478.9	666.85	499.86	659.03	141.17	161.83
Cash Growth	-29.11%	33.41%	-24.15%	366.84%	-12.77%	57.81%
Accounts Receivable	934.21	799.98	643.51	491.87	409.38	433.32
Other Receivables	5.1	3.54	73.48	5.42	7.37	1.43
Receivables	939.32	803.52	716.99	497.29	416.75	434.75
Inventory	270.91	234.21	169.11	125.69	87.23	82.48
Prepaid Expenses	-	-	-	-	3.06	-
Other Current Assets	129.03	67.18	59.06	43.16	22.24	14.73
Total Current Assets	1,818	1,772	1,445	1,325	670.45	693.79
Property, Plant & Equipment	684.82	724.61	719.23	567.62	469.94	252.28
Long-Term Investments	97.5	-	-	63.81	64.18	60.8
Goodwill	18.7	18.7	6.52	4.37	4.37	4.37
Other Intangible Assets	33.93	35.36	33.91	31.89	32.65	27.31
Long-Term Accounts Receivable	-	-	0.52	-	-	-
Long-Term Deferred Tax Assets	73.52	57.24	55.39	25.63	22.6	8.04
Long-Term Deferred Charges	30.86	37.12	21.1	6.87	4.53	3.78
Other Long-Term Assets	85.18	55.47	40.9	25.66	9.18	6.3
Total Assets	2,843	2,700	2,323	2,051	1,278	1,057

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Accounts Payable	823.69	645.27	407.38	271	239.16	296.72
Accrued Expenses	19.68	29.1	25.62	31.09	33.33	32.12
Short-Term Debt	98.99	213.25	86.22	2.42	156.19	84.93
Current Portion of Long-Term Debt	38.74	8.32	8.46	-	103.69	10.09
Current Portion of Leases	-	26.97	27.21	18.39	17.73	15.19
Current Income Taxes Payable	6.54	1.27	2.93	2.8	5.26	4.59
Current Unearned Revenue	2.19	3.86	7.83	3.57	0.14	0.27
Other Current Liabilities	39.13	26.61	30.83	33.9	47.48	34.74
Total Current Liabilities	1,029	954.64	596.5	363.17	602.97	478.66
Long-Term Debt	13.56	33.98	19.85	-	39.64	60
Long-Term Leases	20.14	30.4	49.97	33.91	50.44	40.85
Long-Term Deferred Tax Liabilities	10.91	12.87	14.67	8.68	10.65	0.4
Total Liabilities	1,206	1,032	680.99	405.77	703.7	579.91

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Common Stock	107.3	106.75	106.49	76	57	57
Additional Paid-In Capital	1,210	1,181	1,176	1,199	213.66	213.66
Retained Earnings	311.99	345.86	345.43	364.11	304	208.43
Treasury Stock	-20.18	-1	-1.68	-	-	-
Comprehensive Income & Other	-0.93	1.05	-3.61	5.52	-0.63	-0.96
Total Common Equity	1,608	1,634	1,622	1,645	574.03	478.13
Minority Interest	28.46	34.39	19.17	0.6	0.17	-1.38
Shareholders' Equity	1,636	1,668	1,642	1,645	574.21	476.75
Total Liabilities & Equity	2,843	2,700	2,323	2,051	1,278	1,057

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Total Debt	171.43	312.92	191.72	54.72	367.68	211.06
Net Cash (Debt)	307.47	353.94	308.14	604.31	-226.51	-49.23
Net Cash Growth	-22.31%	14.86%	-49.01%	-	-	-
Net Cash Per Share	2.88	3.31	2.88	6.20	-2.84	-0.62
Filing Date Shares Outstanding	107.29	106.75	106.49	106.4	79.8	79.8
Total Common Shares Outstanding	107.29	106.75	106.49	106.4	79.8	79.8
Working Capital	789.18	817.12	848.52	962	67.48	215.14
Book Value Per Share	14.98	15.31	15.24	15.46	7.19	5.99
Tangible Book Value	1,555	1,580	1,582	1,608	537.02	446.46
Tangible Book Value Per Share	14.49	14.80	14.86	15.12	6.73	5.59
Buildings	-	427.33	414.33	364.61	42.81	-
Machinery	-	313.37	246.39	134.24	110.96	75.77
Construction In Progress	-	3.64	35.01	54.07	287.44	148.08