SHE:301505 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	190.85	163.77	159.56	270.94	270.94	261.27
Short-Term Investments	-	-	-	168.38	-	-
Trading Asset Securities	279.04	387.77	439.23	230.15	-	-
Cash & Short-Term Investments	469.89	551.54	598.8	669.47	270.94	261.27
Cash Growth	-10.41%	-7.89%	-10.56%	147.09%	3.70%	-6.26%
Accounts Receivable	207.55	248.37	289.08	302.23	247.13	197.15
Other Receivables	14.73	16.13	25.89	11.65	23.34	5.49
Receivables	222.28	264.5	314.98	313.88	270.47	202.64
Prepaid Expenses	-	0	0	0	0	0
Other Current Assets	2.8	70.42	15.41	9.31	7.27	9.43
Total Current Assets	694.97	886.46	929.18	992.66	548.69	473.34
Property, Plant & Equipment	94.44	79.16	272.37	189.86	136.97	95.99
Long-Term Investments	71.38	33.62	20.43	4.91	4.92	4.89
Goodwill	11.48	11.48	8.41	10.8	10.8	10.8
Other Intangible Assets	29.74	30.9	46.95	48.62	22.71	23.29
Long-Term Deferred Tax Assets	46.96	41.01	36.23	28.78	23.85	19.39
Long-Term Deferred Charges	2.52	2.82	3.49	3.87	7.75	6.69
Other Long-Term Assets	297.62	276.32	63.4	67.2	14.25	10.38
Total Assets	1,249	1,362	1,380	1,347	769.95	644.77

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	110	110.48	110.05	105.88	103.56	87.14
Accrued Expenses	32.99	69.51	70.99	67.99	62.22	54.42
Short-Term Debt	-	-	6.45	42.43	-	-
Current Portion of Long-Term Debt	23.53	18.46	-	-	-	-
Current Portion of Leases	-	7.06	6.11	5.32	6.39	7.37
Current Income Taxes Payable	19.11	5.51	9.03	14.26	11.31	12.46
Current Unearned Revenue	17.92	20.57	17.28	21.29	27.42	34.62
Other Current Liabilities	15.68	57.94	57.01	44.89	47.96	17.54
Total Current Liabilities	219.24	289.54	276.93	302.07	258.85	213.54
Long-Term Debt	83.64	84.83	93.1	31.02	37.5	7.26
Long-Term Leases	8.48	8.26	11.78	6.27	8.23	8
Long-Term Deferred Tax Liabilities	1.98	2.24	2.49	1.49	1.98	-
Total Liabilities	313.34	384.87	384.3	340.84	306.56	228.8

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	114.4	114.4	88	88	66	66
Additional Paid-In Capital	570.77	568.17	591.86	591.64	114.68	114.68
Retained Earnings	268.09	311.94	312.56	322.22	279.37	232.68
Treasury Stock	-21.95	-21.95	-	-	-	-
Total Common Equity	931.32	972.56	992.42	1,002	460.05	413.36
Minority Interest	4.46	4.34	3.76	3.99	3.34	2.62
Shareholders' Equity	935.78	976.9	996.18	1,006	463.39	415.97
Total Liabilities & Equity	1,249	1,362	1,380	1,347	769.95	644.77

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	115.66	118.61	117.44	85.05	52.12	22.63
Net Cash (Debt)	354.23	432.93	481.36	584.42	218.83	238.65
Net Cash Growth	-12.50%	-10.06%	-17.64%	167.07%	-8.30%	-14.38%
Net Cash Per Share	2.98	3.72	4.14	5.98	2.56	2.78
Filing Date Shares Outstanding	102.62	113.32	114.57	114.57	85.92	85.71
Total Common Shares Outstanding	102.62	113.32	114.57	114.57	85.92	85.71
Working Capital	475.73	596.92	652.26	690.59	289.84	259.8
Book Value Per Share	9.07	8.58	8.66	8.74	5.35	4.82
Tangible Book Value	890.1	930.18	937.05	942.45	426.53	379.27
Tangible Book Value Per Share	8.67	8.21	8.18	8.23	4.96	4.42
Buildings	-	42.78	41.46	41.46	18.56	18.56
Machinery	-	20.86	21.59	19.29	18.51	18.01
Construction In Progress	-	27.42	216.62	140.96	105.67	61.35