SHE:301429 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	405.59	352.92	270.5	193.02	174.4	174.53
Short-Term Investments	-	51.1	-	-	-	-
Trading Asset Securities	10.22	71.55	231.64	574.39	3.24	1.98
Cash & Short-Term Investments	415.81	475.57	502.14	767.41	177.64	176.51
Cash Growth	8.09%	-5.29%	-34.57%	332.01%	0.64%	41.47%
Accounts Receivable	174.49	126.57	172.72	122.13	107.4	102.57
Other Receivables	13.18	8.57	11.39	20.27	6.62	8.6
Receivables	187.67	135.14	184.11	142.4	114.02	111.17
Inventory	285.72	260.38	296.37	137	115.06	223.32
Other Current Assets	37.91	42.54	52.99	10.72	14.94	13.92
Total Current Assets	927.11	913.63	1,036	1,058	421.66	524.93
Property, Plant & Equipment	631.69	664.17	555.74	335.32	278.48	268.33
Long-Term Investments	2.99	2.78	53.81	53.73	2.54	2.47
Goodwill	29.9	31.21	31.92	-	-	-
Other Intangible Assets	61.31	32.8	37.95	24.25	24.95	25.75
Long-Term Deferred Tax Assets	9.96	7.22	5.17	2.16	2.77	2.23
Long-Term Deferred Charges	1.65	1.86	1.52	0.93	1.23	2.01
Other Long-Term Assets	21.38	8.15	18.23	36.53	4.52	2.42
Total Assets	1,686	1,662	1,740	1,510	736.16	828.12

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	153.87	167.33	217.7	107	112.69	270.94
Accrued Expenses	14.35	15.51	19.9	10.19	9.1	17.85
Short-Term Debt	142.5	99.86	109.31	-	-	-
Current Portion of Leases	10.67	7.08	11.11	8.41	0.13	-
Current Income Taxes Payable	-	3.53	6.26	3.49	0.28	4.2
Current Unearned Revenue	18.26	14.85	12.43	4.26	11.79	13.65
Other Current Liabilities	35.71	20.18	30.05	8.77	6.38	20.11
Total Current Liabilities	375.37	328.35	406.76	142.12	140.37	326.74
Long-Term Leases	19.12	1.1	9.19	14.42	0.09	-
Long-Term Unearned Revenue	5.85	5.76	6.94	8.11	7.24	2.2
Long-Term Deferred Tax Liabilities	-	-	0	0.29	3.85	0.37
Total Liabilities	400.34	335.21	422.89	164.94	151.56	329.31

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	118.22	118.22	118.22	118.22	88.66	88.66
Additional Paid-In Capital	833.42	830.89	828.15	826.27	106.24	106.24
Retained Earnings	448.93	442.24	431.28	398.02	380.43	295.92
Treasury Stock	-30.68	-30.68	-39.96	-	-	-
Comprehensive Income & Other	-32.69	16.13	3.95	-0.2	0.44	-0.46
Total Common Equity	1,337	1,377	1,342	1,342	575.78	490.36
Minority Interest	-51.55	-50.2	-24.58	3.2	8.82	8.45
Shareholders' Equity	1,286	1,327	1,317	1,346	584.6	498.81
Total Liabilities & Equity	1,686	1,662	1,740	1,510	736.16	828.12

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	172.29	108.04	129.62	22.83	0.22	-
Net Cash (Debt)	243.52	367.53	372.52	744.58	177.42	176.51
Net Cash Growth	-22.18%	-1.34%	-49.97%	319.68%	0.51%	41.47%
Net Cash Per Share	2.10	3.18	3.18	6.87	1.99	1.99
Filing Date Shares Outstanding	116.21	116.21	115.6	118.22	118.22	88.86
Total Common Shares Outstanding	116.21	116.21	115.6	118.22	88.66	88.86
Working Capital	551.74	585.29	628.85	915.42	281.28	198.18
Book Value Per Share	11.51	11.85	11.61	11.35	6.49	5.52
Tangible Book Value	1,246	1,313	1,272	1,318	550.83	464.61
Tangible Book Value Per Share	10.72	11.30	11.00	11.15	6.21	5.23
Land	-	124.27	118.75	-	-	-
Buildings	-	327.89	218.24	214.16	205.46	200.78
Machinery	-	374.95	284.45	288.84	239.06	217.6
Construction In Progress	-	88.28	140.51	17.25	9.86	3.97