SHE:003043 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	591.02	501.48	241.05	555.45	657.37	278.82
Trading Asset Securities	1	91.93	300.42	230.34	301.08	300.65
Cash & Short-Term Investments	592.02	593.42	541.47	785.8	958.46	579.48
Cash Growth	5.91%	9.59%	-31.09%	-18.01%	65.40%	229.70%
Accounts Receivable	424.24	421.15	397.6	164.84	183.7	207.4
Other Receivables	9.41	12.55	11.82	4.5	3.99	5.02
Receivables	433.65	433.7	409.43	169.34	187.69	212.42
Inventory	520.04	330.21	388.41	93.71	103.81	109.52
Other Current Assets	45.16	64.92	41.37	3.22	4.3	10.13
Total Current Assets	1,591	1,422	1,381	1,052	1,254	911.55
Property, Plant & Equipment	602.48	589.79	572.39	316.85	146.55	91.3
Long-Term Investments	81.33	461.49	493.94	26	12	-
Goodwill	260.27	260.27	260.27	-	-	-
Other Intangible Assets	76.56	82.28	93.34	27.21	27.75	17.21
Long-Term Accounts Receivable	-	8.64	5.82	-	-	-
Long-Term Deferred Tax Assets	22.47	20.64	15.78	8.84	4.31	5.46
Long-Term Deferred Charges	8.29	8.84	4.26	1.41	1.17	0.89
Other Long-Term Assets	435.07	92.21	77.97	98.93	61.87	3.33
Total Assets	3,077	2,946	2,904	1,531	1,508	1,030

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	386.36	298.63	306.28	83.25	135.13	123.98
Accrued Expenses	24.79	46.05	37.91	19.59	27.92	28.05
Current Portion of Leases	-	6.33	5.13	5.51	2.44	1.15
Current Income Taxes Payable	9.44	4.82	8.26	3.49	8.97	6.82
Current Unearned Revenue	325.6	235.33	293.4	0.75	0.74	0.7
Other Current Liabilities	45.06	46.46	45.58	1	6.55	4.47
Total Current Liabilities	797.56	637.63	696.55	113.59	181.74	165.17
Long-Term Debt	134.43	258.84	263.17	243.04	224.11	-
Long-Term Leases	12.64	16.39	19.35	24.28	7.96	4.15
Long-Term Unearned Revenue	0.5	0.5	-	-	-	-
Long-Term Deferred Tax Liabilities	12.03	18.25	22.29	10.88	10.47	-
Other Long-Term Liabilities	2.43	3.36	3.82	-	-	-
Total Liabilities	959.6	934.96	1,005	391.8	424.28	169.32

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	138.96	133.83	95.03	80	80	80
Additional Paid-In Capital	1,228	1,052	1,059	493.63	493.6	493.6
Retained Earnings	589.47	586.72	529.1	468.36	412.24	286
Treasury Stock	-16.76	-16.76	-24.89	-	-	-
Comprehensive Income & Other	16.92	89.51	97.3	96.58	96.8	-0.17
Total Common Equity	1,957	1,845	1,756	1,139	1,083	859.43
Minority Interest	161.01	166.1	143.74	0.94	0.98	0.98
Shareholders' Equity	2,118	2,011	1,899	1,140	1,084	860.41
Total Liabilities & Equity	3,077	2,946	2,904	1,531	1,508	1,030

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	153.38	281.56	287.65	272.84	234.5	5.29
Net Cash (Debt)	438.65	311.86	253.82	512.96	723.95	574.18
Net Cash Growth	53.95%	22.87%	-50.52%	-29.14%	26.08%	226.69%
Net Cash Per Share	3.04	2.32	2.99	4.45	6.47	5.46
Filing Date Shares Outstanding	133.65	133.83	133.04	112	111.97	112
Total Common Shares Outstanding	133.65	133.83	133.04	112	111.97	112
Working Capital	793.31	784.63	684.13	938.47	1,073	746.38
Book Value Per Share	14.64	13.79	13.20	10.17	9.67	7.67
Tangible Book Value	1,620	1,503	1,402	1,111	1,055	842.22
Tangible Book Value Per Share	12.12	11.23	10.54	9.92	9.42	7.52
Buildings	-	433.11	427.13	59.48	59.48	59.48
Machinery	-	280.86	169.7	145.27	141.96	129.9
Construction In Progress	-	26.67	86.82	202.65	49.35	0.22