SHE:001380 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	251.39	367.3	205.96	521.72	141.02	49.52
Short-Term Investments	-	-	-	-	6.97	18.7
Trading Asset Securities	141.73	185.81	279.64	256.63	0.7	1.03
Cash & Short-Term Investments	393.12	553.11	485.6	778.35	148.68	69.24
Cash Growth	-20.69%	13.90%	-37.61%	423.50%	114.72%	23.40%
Accounts Receivable	1,205	1,288	1,312	807.22	499.24	419.77
Other Receivables	8.53	22.62	16.24	12.53	9.88	7.09
Receivables	1,213	1,310	1,328	819.75	509.12	426.86
Inventory	324.56	261.5	253.32	192.65	142.59	112.54
Other Current Assets	92.02	91.51	40.79	41.68	32.03	12.84
Total Current Assets	2,023	2,216	2,108	1,832	832.42	621.49
Property, Plant & Equipment	680.96	599.28	469.17	375.8	233.99	216.84
Long-Term Investments	5	5	-	-	-	-
Other Intangible Assets	180.68	151.14	121.92	91.67	33.04	34.31
Long-Term Accounts Receivable	-	0.04	0.06	0.06	0.06	0.17
Long-Term Deferred Tax Assets	6.1	4.55	1.13	3.43	2.35	0.55
Long-Term Deferred Charges	0.66	0.8	0.61	-	0.04	0.08
Other Long-Term Assets	8.48	21.7	10.98	15.05	6.52	3.43
Total Assets	2,905	2,999	2,712	2,318	1,108	876.87

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	680.94	763.31	753.92	614.05	340.39	224.38
Accrued Expenses	31.94	60.14	44.64	26.67	25.86	21.93
Short-Term Debt	60.5	111.39	125	82	41.05	100.74
Current Portion of Long-Term Debt	2.04	-	-	-	49.67	-
Current Portion of Leases	-	1.37	1.12	0.99	0.57	0.36
Current Income Taxes Payable	15.66	28.57	13.06	13.79	9.28	0.4
Current Unearned Revenue	11.19	8.61	2.42	1.64	1.06	1.83
Other Current Liabilities	10.35	18.62	30.6	6.49	14.77	29.67
Total Current Liabilities	812.62	992.01	970.77	745.62	482.65	379.32
Long-Term Debt	-	-	-	25.03	33.04	-
Long-Term Leases	2.82	1.86	1.27	1.87	1.32	0.92
Long-Term Unearned Revenue	6.05	6.99	8.97	9.93	8.92	8.61
Long-Term Deferred Tax Liabilities	26.25	20.15	16.41	7.98	7.19	7.09
Other Long-Term Liabilities	7.02	5.81	4.35	3.28	2.51	1.56
Total Liabilities	854.75	1,027	1,002	793.7	535.62	397.51

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	270.85	270.85	183.01	128.88	96.66	96.66
Additional Paid-In Capital	777.59	761.45	845.52	903.38	119.93	119.93
Retained Earnings	973.33	883.68	663.5	475.75	346.47	253.11
Treasury Stock	-10.37	-	-11.49	-	-	-
Comprehensive Income & Other	9.96	12.02	8.22	3.68	0.37	-
Total Common Equity	2,021	1,928	1,689	1,512	563.44	469.7
Minority Interest	28.94	44.01	21.26	13.06	9.35	9.66
Shareholders' Equity	2,050	1,972	1,710	1,525	572.79	479.36
Total Liabilities & Equity	2,905	2,999	2,712	2,318	1,108	876.87

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	65.36	114.62	127.39	109.89	125.65	102.03
Net Cash (Debt)	327.76	438.5	358.2	668.45	23.03	-32.78
Net Cash Growth	-18.60%	22.41%	-46.41%	2802.10%	-	-
Net Cash Per Share	1.22	1.63	1.33	2.75	0.11	-0.16
Filing Date Shares Outstanding	263.68	270.85	269.35	270.85	203.14	203.14
Total Common Shares Outstanding	263.68	270.85	269.35	270.85	203.14	203.14
Working Capital	1,211	1,224	1,137	1,087	349.77	242.16
Book Value Per Share	7.67	7.12	6.27	5.58	2.77	2.31
Tangible Book Value	1,841	1,777	1,567	1,420	530.4	435.39
Tangible Book Value Per Share	6.98	6.56	5.82	5.24	2.61	2.14
Buildings	-	247.99	158.57	146.44	101.88	101.88
Machinery	-	633.47	488.86	386.15	290.63	254.36
Construction In Progress	-	45.66	62.17	41.24	13.57	4.84