SHE:003010 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	960.06	858.9	607.08	345.45	375.3	364.48
Trading Asset Securities	-	-	-	-	10	-
Cash & Short-Term Investments	960.06	858.9	607.08	345.45	385.3	364.48
Cash Growth	28.45%	41.48%	75.73%	-10.34%	5.71%	-35.59%
Accounts Receivable	180.34	156.94	199.26	169.43	118.91	133.52
Other Receivables	57	57.83	45.02	47.6	45.99	39.92
Receivables	237.34	214.78	244.27	217.03	164.9	173.44
Inventory	521.11	461.8	225.71	318.58	193.54	305.53
Prepaid Expenses	-	-	-	-	0.75	-
Other Current Assets	273.69	288.45	111.55	158.42	151.1	223.16
Total Current Assets	1,992	1,824	1,189	1,039	895.58	1,067
Property, Plant & Equipment	210.27	208.57	212.28	182.78	199.11	139.83
Long-Term Investments	93.96	67.93	91.5	47.54	27.81	0.44
Goodwill	137.12	-	-	10.08	9.9	9.82
Other Intangible Assets	209.27	3.98	4.93	6.36	7.48	8.16
Long-Term Deferred Tax Assets	64.41	41.43	12.27	16.18	20.05	11.28
Long-Term Deferred Charges	7.05	8.56	9.74	2.78	4	1.23
Other Long-Term Assets	6.11	29.22	31.51	40.5	39.15	-
Total Assets	2,720	2,184	1,551	1,346	1,203	1,237

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	229.1	176.44	46.99	19.97	15.79	27.01
Accrued Expenses	24.41	56.31	36.1	23.33	21.01	16.77
Short-Term Debt	803.26	663.71	274.48	170.89	46.37	98.39
Current Portion of Leases	-	-	-	-	-	6.66
Current Income Taxes Payable	129.05	47.59	7.57	0.44	0.04	2.58
Current Unearned Revenue	20.1	7.95	1.72	3.5	7.43	7.69
Other Current Liabilities	70.23	156.91	39.72	25.23	25.19	5.07
Total Current Liabilities	1,345	1,109	406.58	243.37	115.83	164.18
Long-Term Debt	485.01	315	-	-	-	-
Long-Term Leases	32.03	32.37	34.13	0.82	6.3	1.91
Long-Term Deferred Tax Liabilities	49.99	0	0	-	-	-
Other Long-Term Liabilities	13.14	8.17	5.95	4.41	2.32	2.33
Total Liabilities	1,925	1,464	446.66	248.6	124.45	168.42

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	311.06	311.06	164.03	122.33	121.7	121.7
Additional Paid-In Capital	117.69	116.14	536.16	634.09	614.2	611.42
Retained Earnings	564.18	488.61	440.18	368.92	344.93	335.49
Treasury Stock	-200	-200	-39.62	-28.4	-2.12	-
Comprehensive Income & Other	2.17	3.35	3.44	0.15	-0.08	-0.78
Total Common Equity	795.09	719.16	1,104	1,097	1,079	1,068
Minority Interest	-	-	-	-	-	1.12
Shareholders' Equity	795.09	719.16	1,104	1,097	1,079	1,069
Total Liabilities & Equity	2,720	2,184	1,551	1,346	1,203	1,237

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	1,389	1,011	308.62	171.71	52.66	106.97
Net Cash (Debt)	-429.23	-152.17	298.46	173.74	332.63	257.51
Net Cash Growth	-	-	71.78%	-47.77%	29.17%	-49.60%
Net Cash Per Share	-1.40	-0.49	1.05	0.52	0.97	0.77
Filing Date Shares Outstanding	297.81	306.27	310.94	331.6	333.94	333.94
Total Common Shares Outstanding	297.81	306.27	310.94	331.6	333.94	333.94
Working Capital	647.06	715.01	782.04	796.11	779.76	902.42
Book Value Per Share	2.67	2.35	3.55	3.31	3.23	3.20
Tangible Book Value	448.7	715.18	1,099	1,081	1,061	1,050
Tangible Book Value Per Share	1.51	2.34	3.54	3.26	3.18	3.14
Buildings	-	170.52	170.52	170.52	170.52	-
Machinery	-	34.55	28.58	27.15	23.27	15.14
Construction In Progress	-	-	-	-	-	123.99