SHE:001379 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	Dec '21 Dec 31, 2021
Cash & Equivalents	786.34	670.41	455.95	304.14	500.04	191.87
Short-Term Investments	-	80.04	142.84	-	-	-
Trading Asset Securities	35.08	141.21	100.03	-	-	-
Cash & Short-Term Investments	821.41	891.66	698.82	304.14	500.04	191.87
Cash Growth	-2.18%	27.59%	129.77%	-39.18%	160.61%	227.68%
Accounts Receivable	317.66	255.86	200.27	166.54	204.16	152.9
Other Receivables	18.73	20.53	28.83	13.99	23.83	29.95
Receivables	336.38	276.39	229.11	180.53	227.99	182.85
Inventory	677.12	722.04	567.58	456.93	438.96	427.59
Prepaid Expenses	-	0	0	0.04	0.04	0.05
Other Current Assets	74.99	85.86	59.66	37.92	41.61	42.5
Total Current Assets	1,910	1,976	1,555	979.56	1,209	844.86
Property, Plant & Equipment	535.46	550.6	482.45	341.18	301.38	303.26
Long-Term Investments	0.3	0.3	0.3	-	-	-
Goodwill	13.54	13.54	-	-	-	-
Other Intangible Assets	93.33	64.88	66.19	67.01	68.68	56.88
Long-Term Deferred Tax Assets	36.49	41.13	40.36	26.81	22.71	17.56
Long-Term Deferred Charges	6.19	6.85	1.63	-	-	-
Other Long-Term Assets	19.68	5.81	11.58	2.8	2.11	13.86
Total Assets	2,615	2,659	2,158	1,417	1,604	1,236

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	Dec '21 Dec 31, 2021
Accounts Payable	762.2	833.77	383.8	550.15	704.4	370.72
Accrued Expenses	25.14	31.57	36.28	22.88	23.38	18.54
Short-Term Debt	88.55	87.27	61.83	17.16	12.19	43.03
Current Portion of Long-Term Debt	2.98	0.07	-	1.66	135.14	10.01
Current Portion of Leases	-	4.41	1.55	1.79	1.78	1.61
Current Income Taxes Payable	6.93	0.55	0.72	8.94	17.88	20.42
Current Unearned Revenue	12.27	9.72	5.84	6.39	5.78	8.9
Other Current Liabilities	54.37	32.79	71.26	16.56	23.47	19.23
Total Current Liabilities	952.44	1,000	561.28	625.54	924.02	492.47
Long-Term Debt	0.02	0.23	-	10.2	-	145.15
Long-Term Leases	7.41	8.78	1.4	2.02	3.59	4.9
Long-Term Unearned Revenue	84.19	87.37	92.71	97.86	80.16	74
Long-Term Deferred Tax Liabilities	41.46	44.04	41.21	29.53	29.34	30.62
Total Liabilities	1,086	1,141	696.59	765.15	1,037	747.14

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	Dec '21 Dec 31, 2021
Common Stock	200	200	200	150	150	150
Additional Paid-In Capital	842.72	842.72	842.72	125	125	125
Retained Earnings	439.87	433.24	401.38	360.75	275.15	200.23
Comprehensive Income & Other	23.09	20.45	16.24	16.46	16.25	14.05
Total Common Equity	1,506	1,496	1,460	652.21	566.4	489.28
Minority Interest	23.54	22.06	0.73	-	-	-
Shareholders' Equity	1,529	1,518	1,461	652.21	566.4	489.28
Total Liabilities & Equity	2,615	2,659	2,158	1,417	1,604	1,236

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	Dec '21 Dec 31, 2021
Total Debt	98.97	100.77	64.77	32.83	152.7	204.72
Net Cash (Debt)	722.45	790.9	634.05	271.31	347.34	-12.85
Net Cash Growth	-7.34%	24.74%	133.70%	-21.89%	-	-
Net Cash Per Share	3.62	3.96	3.23	1.81	2.32	-0.09
Filing Date Shares Outstanding	-	200	200	200	150	150
Total Common Shares Outstanding	-	200	200	150	150	150
Working Capital	957.46	975.8	993.88	354.02	284.62	352.4
Book Value Per Share	-	7.48	7.30	4.35	3.78	3.26
Tangible Book Value	1,399	1,418	1,394	585.2	497.72	432.4
Tangible Book Value Per Share	-	7.09	6.97	3.90	3.32	2.88
Buildings	-	341.29	308.76	199.55	196.9	196.84
Machinery	-	425.95	345.62	256.92	245.91	224.52
Construction In Progress	-	8.04	31.92	58.68	4.67	-