SHE:001277 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	283.23	318.16	184.48	172.75	78.56	96.9
Trading Asset Securities	186.05	211.36	369.89	-	-	-
Cash & Short-Term Investments	469.28	529.52	554.37	172.75	78.56	96.9
Cash Growth	-0.24%	-4.48%	220.91%	119.89%	-18.93%	-11.40%
Accounts Receivable	723.04	673.86	689.27	700.52	645.71	544.86
Other Receivables	18.62	20.66	19.51	34.4	29.99	57.63
Receivables	741.66	694.52	708.78	734.92	675.7	602.49
Inventory	281.52	250	190.07	247.15	211.23	285.67
Prepaid Expenses	-	0.47	0.22	0.4	0.11	0.37
Other Current Assets	32.55	12.4	15.4	6.81	54.42	44.56
Total Current Assets	1,525	1,487	1,469	1,162	1,020	1,030
Property, Plant & Equipment	400.27	405.66	367.71	328.11	346.27	307.09
Long-Term Investments	35.8	36.22	41.17	39.87	37.12	33.8
Other Intangible Assets	53.52	54.81	53.41	54.74	56.54	55.06
Long-Term Accounts Receivable	-	16.35	8.92	1.43	0.02	2.25
Long-Term Deferred Tax Assets	34.66	33.08	35.59	40.34	46.4	47.42
Long-Term Deferred Charges	35.3	36.16	36.48	30	38.17	4.17
Other Long-Term Assets	17.8	5.99	5.68	1.31	5.2	20.41
Total Assets	2,102	2,075	2,018	1,658	1,550	1,500

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	280.55	282.75	248.36	393.31	411.87	502.26
Accrued Expenses	13.9	45.04	40.94	62.1	54.43	41.71
Short-Term Debt	70.41	10.94	10.24	5.72	9.14	22.04
Current Portion of Long-Term Debt	8.93	-	-	30.18	19.81	0.18
Current Portion of Leases	-	10.93	13.61	15.54	10.65	8.14
Current Income Taxes Payable	9.58	7.06	5.27	8.08	20.73	18.98
Current Unearned Revenue	16.96	25.85	22.48	17.88	27.98	21.96
Other Current Liabilities	46.57	67.65	88.81	58.28	44.2	57.69
Total Current Liabilities	446.91	450.23	429.71	591.09	598.8	672.96
Long-Term Debt	-	-	-	144	174.96	127.26
Long-Term Leases	13.68	3.41	0.72	4.15	12.28	21.43
Long-Term Unearned Revenue	4.9	5.03	5.11	4.99	-	-
Long-Term Deferred Tax Liabilities	29.45	21.36	24.23	27.47	22.64	16.82
Other Long-Term Liabilities	0.67	13.8	24.27	22.81	60.28	56.47
Total Liabilities	495.6	493.83	484.04	794.52	868.95	894.94

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	76	76	76	57	57	57
Additional Paid-In Capital	635.14	635.14	635.14	126.18	126.03	125.21
Retained Earnings	865.72	845.52	801.94	661.08	497.76	423.05
Comprehensive Income & Other	0.59	-	-	-	-	-
Total Common Equity	1,577	1,557	1,513	844.26	680.79	605.26
Minority Interest	29.31	24.67	20.68	19.06	-	-
Shareholders' Equity	1,607	1,581	1,534	863.32	680.79	605.26
Total Liabilities & Equity	2,102	2,075	2,018	1,658	1,550	1,500

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	93.01	25.28	24.57	199.59	226.83	179.05
Net Cash (Debt)	376.27	504.24	529.81	-26.84	-148.27	-82.15
Net Cash Growth	-14.85%	-4.83%	-	-	-	-
Net Cash Per Share	4.96	6.64	8.38	-0.47	-2.60	-1.44
Filing Date Shares Outstanding	75.98	76	76	57	57	57
Total Common Shares Outstanding	75.98	76	76	57	57	57
Working Capital	1,078	1,037	1,039	570.94	421.22	357.04
Book Value Per Share	20.76	20.48	19.91	14.81	11.94	10.62
Tangible Book Value	1,524	1,502	1,460	789.52	624.24	550.2
Tangible Book Value Per Share	20.06	19.76	19.21	13.85	10.95	9.65
Buildings	-	228.26	228.26	228.8	228.78	223.07
Machinery	-	318.32	246.01	160.67	142.45	85.1
Construction In Progress	-	3.23	2.65	8.51	8.5	3.93