SHE:001222 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	366.36	440.39	420.44	722.68	694.13	252.97
Short-Term Investments	-	54.41	112.65	-	-	-
Trading Asset Securities	-	-	-	-	32.25	19.24
Cash & Short-Term Investments	366.36	494.8	533.09	722.68	726.38	272.21
Cash Growth	-18.63%	-7.18%	-26.24%	-0.51%	166.85%	11.40%
Accounts Receivable	332.15	308.75	266.41	170.8	128.05	160.78
Other Receivables	5.12	8.69	7.6	4.39	4.24	5.73
Receivables	337.27	317.45	274.01	175.19	132.29	166.52
Inventory	382.38	310.81	292.27	180.01	169.78	200.84
Prepaid Expenses	-	0	0.05	1.22	-	0
Other Current Assets	140.46	95.44	61.61	25.46	20.68	22.03
Total Current Assets	1,226	1,219	1,161	1,105	1,049	661.6
Property, Plant & Equipment	513.39	463.02	438.53	370.43	298.42	209.63
Long-Term Investments	89.61	75.31	58.21	37.71	8.56	-
Other Intangible Assets	31.99	32.62	33.87	35.13	34.03	31.34
Long-Term Deferred Tax Assets	15.52	16.94	8.18	5.39	4.24	3.67
Long-Term Deferred Charges	1.6	0.72	0.7	0.56	0.75	1.37
Other Long-Term Assets	53.15	28.55	3.58	2.8	0.47	0.76
Total Assets	1,932	1,836	1,704	1,557	1,396	908.37

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	217.04	156.48	169.37	141.6	110.56	238.53
Accrued Expenses	24.4	34.78	24.71	20.81	17.29	17.85
Short-Term Debt	-	-	-	20.54	-	-
Current Portion of Long-Term Debt	2.89	-	-	-	-	-
Current Portion of Leases	-	2.75	3.45	1.68	1.23	0.5
Current Income Taxes Payable	11.94	11.83	10.69	5.35	7.24	5.39
Current Unearned Revenue	7.73	1.68	2.03	3.23	1.99	3.89
Other Current Liabilities	22.17	21.12	1.16	1.25	0.65	0.78
Total Current Liabilities	286.17	228.64	211.41	194.45	138.97	266.93
Long-Term Leases	1.68	-	2.65	1.55	-	0.26
Long-Term Unearned Revenue	1.64	1.92	1.7	1.73	1.77	1.81
Long-Term Deferred Tax Liabilities	3.47	2.75	2.7	4.59	0.27	0.02
Total Liabilities	292.96	233.31	218.46	202.31	141.01	269.01

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	190.89	190.89	190.89	190.89	136.35	102.25
Additional Paid-In Capital	502.19	501.48	498.64	498.64	553.18	178.57
Retained Earnings	768.08	728.18	640.56	513.95	442.36	283.81
Treasury Stock	-25.33	-25.33	-30	-	-	-
Comprehensive Income & Other	-4.96	15.14	27.7	21.54	16.17	-10.21
Total Common Equity	1,431	1,410	1,328	1,225	1,148	554.42
Minority Interest	207.9	191.99	157.86	129.24	106.53	84.93
Shareholders' Equity	1,639	1,602	1,486	1,354	1,255	639.36
Total Liabilities & Equity	1,932	1,836	1,704	1,557	1,396	908.37

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	4.57	2.75	6.1	23.77	1.23	0.75
Net Cash (Debt)	361.8	492.05	526.98	698.92	725.15	271.45
Net Cash Growth	-18.62%	-6.63%	-24.60%	-3.62%	167.13%	34.98%
Net Cash Per Share	1.92	2.61	2.79	3.66	4.31	1.90
Filing Date Shares Outstanding	188.45	188.36	188.38	190.89	190.89	143.15
Total Common Shares Outstanding	188.45	188.36	188.38	190.89	190.89	143.15
Working Capital	940.3	989.86	949.61	910.11	910.16	394.67
Book Value Per Share	7.59	7.49	7.05	6.42	6.01	3.87
Tangible Book Value	1,399	1,378	1,294	1,190	1,114	523.08
Tangible Book Value Per Share	7.42	7.31	6.87	6.23	5.84	3.65
Buildings	-	407.51	237.01	178.82	160.11	153.47
Machinery	-	129.92	102.75	85.3	81.32	70.85
Construction In Progress	-	5.68	151.71	142.03	86.34	0.23