SHE:300006 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	1,085	926.06	1,072	836.44	846.29	559.43
Cash & Short-Term Investments	1,085	926.06	1,072	836.44	846.29	559.43
Cash Growth	10.69%	-13.62%	28.18%	-1.16%	51.28%	2.67%
Accounts Receivable	203.16	252.92	286.67	339.21	348.39	445.38
Other Receivables	185.46	149.15	166.75	268.73	312.52	539.13
Receivables	388.62	402.08	453.42	607.94	660.9	984.51
Inventory	177.53	161.33	201.7	171	202.4	157.77
Prepaid Expenses	-	7.29	11.3	3.58	2.66	4.5
Other Current Assets	40.72	24.58	31.57	27.21	33.23	20.78
Total Current Assets	1,692	1,521	1,770	1,646	1,745	1,727
Property, Plant & Equipment	244.11	252.17	274.92	286.97	339.92	392.49
Long-Term Investments	374.85	384.12	378.28	519.68	522.71	481.36
Goodwill	44.95	44.95	44.95	32.94	32.94	32.94
Other Intangible Assets	129.77	131.18	181.83	189.3	184.11	116.36
Long-Term Accounts Receivable	-	-	-	34.06	32.41	-
Long-Term Deferred Tax Assets	154.8	152.39	128.24	132.35	116.58	104.62
Long-Term Deferred Charges	67.68	55.52	40.36	27.24	63.37	62.53
Other Long-Term Assets	23.89	33.04	37.13	22.15	17.64	9.47
Total Assets	2,732	2,575	2,856	2,891	3,055	2,927

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	114.31	93.48	65.62	37.9	49.63	34.26
Accrued Expenses	23.36	99.58	110.77	107.55	110.39	109.24
Short-Term Debt	304.31	179.42	242.91	113.5	121.5	130
Current Portion of Long-Term Debt	82.66	131.8	102.75	24	58	-
Current Portion of Leases	-	3.61	3.65	4.26	30.2	55.41
Current Income Taxes Payable	4.13	0.86	1.31	2.12	7.87	7.03
Current Unearned Revenue	15.7	13.21	13.79	17.85	24.04	13.07
Other Current Liabilities	307.71	206.54	260.8	255.09	299.51	317.8
Total Current Liabilities	852.17	728.49	801.61	562.27	701.14	666.8
Long-Term Debt	105.81	57.2	141.45	126.5	149	-
Long-Term Leases	0.7	1.46	3.83	2.53	6.57	33.9
Long-Term Unearned Revenue	4.61	4.45	6.29	6.39	9.04	12.26
Long-Term Deferred Tax Liabilities	18.98	19.05	19.29	19.26	4.47	1.68
Other Long-Term Liabilities	-	-	-	51.76	-	-
Total Liabilities	982.26	810.65	972.47	768.71	870.22	714.65

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	1,056	1,056	1,056	1,056	1,056	1,056
Additional Paid-In Capital	1,505	1,507	1,483	1,483	1,475	1,459
Retained Earnings	-766.47	-750.67	-501.33	-414.9	-406.22	-358.52
Comprehensive Income & Other	-63.53	-56.23	-162.53	-43.77	-	-
Total Common Equity	1,731	1,756	1,875	2,081	2,124	2,156
Minority Interest	18.2	8.18	8.04	41.51	60.52	55.78
Shareholders' Equity	1,749	1,764	1,883	2,122	2,185	2,212
Total Liabilities & Equity	2,732	2,575	2,856	2,891	3,055	2,927

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	493.48	373.48	494.59	270.79	365.27	219.32
Net Cash (Debt)	591.22	552.58	577.51	565.65	481.02	340.11
Net Cash Growth	5.44%	-4.32%	2.10%	17.59%	41.43%	-
Net Cash Per Share	0.56	0.52	0.55	0.54	0.46	0.34
Filing Date Shares Outstanding	1,052	1,056	1,056	1,056	1,056	1,056
Total Common Shares Outstanding	1,052	1,056	1,056	1,056	1,056	1,056
Working Capital	839.39	792.85	968.49	1,084	1,044	1,060
Book Value Per Share	1.64	1.66	1.78	1.97	2.01	2.04
Tangible Book Value	1,556	1,580	1,649	1,858	1,907	2,007
Tangible Book Value Per Share	1.48	1.50	1.56	1.76	1.81	1.90
Buildings	-	408.44	411.75	413.99	412.67	412.67
Machinery	-	660.32	652.83	646.2	674.06	664.11
Construction In Progress	-	0.61	7	2.46	3.78	4.09