SHE:000590 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	Jun '26 Jun 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	106.13	177.71	177.29	189.77	235.42	250.68
Trading Asset Securities	35	-	-	-	25.11	75.15
Cash & Short-Term Investments	141.13	177.71	177.29	189.77	260.53	325.83
Cash Growth	-34.83%	0.24%	-6.58%	-27.16%	-20.04%	-4.99%
Accounts Receivable	64.87	68.94	103.15	154.4	117.16	124.81
Other Receivables	16.85	16.14	90.28	60.51	30.11	6
Receivables	81.73	85.08	193.43	214.91	147.27	130.82
Inventory	121.69	109.57	124.78	130.09	118.22	86.59
Prepaid Expenses	-	0.52	2.32	-	0.03	0
Other Current Assets	13.66	5.98	2.17	4.79	3.06	10.65
Total Current Assets	358.21	378.87	499.99	539.55	529.11	553.88
Property, Plant & Equipment	311.58	308.31	312.66	293.81	289.75	240.89
Long-Term Investments	23.45	23.02	20.03	20.9	19	19
Goodwill	-	-	13.2	131.64	137.14	-
Other Intangible Assets	120.93	123.45	131.06	132.33	157.44	133.69
Long-Term Accounts Receivable	-	2.03	3.09	5.05	7.42	-
Long-Term Deferred Tax Assets	15.22	14.9	8.18	4.09	5.23	4.97
Long-Term Deferred Charges	6.03	7.4	6.29	3.32	2.93	1.82
Other Long-Term Assets	30.73	31.49	18.92	20.42	19	13.57
Total Assets	866.14	889.47	1,013	1,151	1,167	967.83

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	93.77	64.07	73.24	83.55	64.01	41.67
Accrued Expenses	19.72	38.97	43.88	46.62	50.8	40.37
Short-Term Debt	-	-	0.75	-	25.82	-
Current Portion of Long-Term Debt	10.68	20.06	11.01	10	10.1	-
Current Portion of Leases	-	1.1	2.94	2.36	2.69	3
Current Income Taxes Payable	2.5	0.03	6.8	2.3	3.4	3.85
Current Unearned Revenue	20.89	36.15	45.33	50.12	56.13	53.42
Other Current Liabilities	39.38	40.95	52.31	53.82	58.45	44.68
Total Current Liabilities	186.93	201.33	236.26	248.77	271.42	186.98
Long-Term Debt	58.34	50	82.22	80	90	-
Long-Term Leases	0.27	0.81	1.49	3.07	5.18	5.59
Long-Term Unearned Revenue	43.78	44.98	43.99	42.44	44.37	46.29
Long-Term Deferred Tax Liabilities	5.3	5.81	5.15	5.91	7.47	0.02
Other Long-Term Liabilities	37.76	37.05	43.07	42.72	46.09	46.62
Total Liabilities	332.38	339.98	412.18	422.92	464.53	285.5

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	239.47	239.47	239.47	239.47	239.47	239.47
Additional Paid-In Capital	473.95	473.95	474.06	474.06	474.06	474.06
Retained Earnings	-180.78	-165.81	-115.29	10.18	-15.06	-33.21
Total Common Equity	532.64	547.61	598.25	723.72	698.47	680.32
Minority Interest	1.12	1.87	2.99	4.49	4.03	2
Shareholders' Equity	533.76	549.49	601.23	728.2	702.5	682.32
Total Liabilities & Equity	866.14	889.47	1,013	1,151	1,167	967.83

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	69.28	71.97	98.42	95.43	133.79	8.58
Net Cash (Debt)	71.84	105.74	78.87	94.34	126.74	317.24
Net Cash Growth	-12.83%	34.07%	-16.40%	-25.56%	-60.05%	-6.13%
Net Cash Per Share	0.30	0.44	0.33	0.39	0.53	1.32
Filing Date Shares Outstanding	239.94	239.47	239.47	239.47	239.47	239.47
Total Common Shares Outstanding	239.94	239.47	239.47	239.47	239.47	239.47
Working Capital	171.28	177.54	263.73	290.78	257.69	366.9
Book Value Per Share	2.22	2.29	2.50	3.02	2.92	2.84
Tangible Book Value	411.72	424.17	453.98	459.75	403.89	546.63
Tangible Book Value Per Share	1.72	1.77	1.90	1.92	1.69	2.28
Buildings	-	253.52	267.95	247.28	243.93	198.81
Machinery	-	228.54	220.21	197.31	189.09	174.95
Construction In Progress	-	23.09	8.81	23.83	15.21	4.18