SHE:300008 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	Jan '22 Jan 1, 2022
Cash & Equivalents	1,387	878.74	627.78	889.7	599.63	399.66
Trading Asset Securities	31.64	28.64	5	2	5	-
Cash & Short-Term Investments	1,418	907.37	632.78	891.7	604.63	399.66
Cash Growth	74.71%	43.40%	-29.04%	47.48%	51.28%	-2.76%
Accounts Receivable	1,528	1,943	1,592	1,118	1,134	498.63
Other Receivables	95.48	53.98	9.88	15.97	19.33	15.06
Receivables	1,623	1,997	1,602	1,134	1,153	513.69
Inventory	727.09	644.02	297.29	367.78	316.14	195.86
Prepaid Expenses	-	-	-	-	0.13	-
Other Current Assets	1,351	927.73	767.08	606.61	498.99	161.83
Total Current Assets	5,120	4,476	3,299	3,000	2,573	1,271
Property, Plant & Equipment	971.86	1,010	924.22	898.51	830.16	460.84
Long-Term Investments	288.51	273.93	304.63	276.79	247.49	164.51
Other Intangible Assets	74.82	77.08	79.15	78.4	77.38	92.48
Long-Term Accounts Receivable	-	7.54	6.81	10.06	22.05	401.1
Long-Term Deferred Tax Assets	31.75	37.63	35.26	40.6	46.01	27.32
Long-Term Deferred Charges	23.23	20.05	14.78	19.75	12.01	15.31
Other Long-Term Assets	140.31	1.62	6.47	12.23	12.68	18.16
Total Assets	6,650	5,904	4,670	4,337	3,821	2,451

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	Jan '22 Jan 1, 2022
Accounts Payable	825.23	946.27	816.04	787.06	702.57	274.48
Accrued Expenses	51.26	102.58	62.78	36.07	32.99	12.76
Short-Term Debt	1,206	896.69	644.83	456.19	200.76	184.83
Current Portion of Long-Term Debt	132.92	31.13	6.69	-	-	-
Current Portion of Leases	-	171.48	122.67	118.44	70.85	14.15
Current Income Taxes Payable	52.45	36.33	30.03	38.7	7	3.19
Current Unearned Revenue	1,173	794.71	600.62	522.28	531.45	126.85
Other Current Liabilities	409.22	239.48	103.34	209.3	220.49	64.53
Total Current Liabilities	3,849	3,219	2,387	2,168	1,766	680.78
Long-Term Debt	67.02	32.78	67.05	24.5	19.6	48.6
Long-Term Leases	95.63	182.43	73.77	123.35	213.3	30.05
Long-Term Unearned Revenue	11	11	9.5	9.5	5	4.5
Long-Term Deferred Tax Liabilities	26.27	23.58	24.14	33.68	36.26	13.43
Other Long-Term Liabilities	37.28	12.73	-	32.3	-	-
Total Liabilities	4,087	3,481	2,561	2,391	2,040	777.36

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	Jan '22 Jan 1, 2022
Common Stock	1,728	1,728	1,728	1,728	1,728	1,728
Additional Paid-In Capital	391.34	391.47	1,641	1,638	1,647	1,647
Retained Earnings	333.44	204.65	-1,348	-1,486	-1,588	-1,727
Treasury Stock	-	-	-	-	-50.13	-
Comprehensive Income & Other	100.78	89.29	72.3	51.57	36.72	28.67
Total Common Equity	2,554	2,413	2,093	1,931	1,774	1,677
Minority Interest	10.05	9.14	15.16	14.12	7.02	-3.96
Shareholders' Equity	2,564	2,423	2,109	1,945	1,781	1,673
Total Liabilities & Equity	6,650	5,904	4,670	4,337	3,821	2,451

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	Jan '22 Jan 1, 2022
Total Debt	1,501	1,315	915	722.47	504.51	277.63
Net Cash (Debt)	-82.91	-407.14	-282.23	169.23	100.12	122.04
Net Cash Growth	-	-	-	69.03%	-17.96%	-62.62%
Net Cash Per Share	-0.05	-0.24	-0.16	0.10	0.06	0.07
Filing Date Shares Outstanding	1,726	1,728	1,728	1,728	1,733	1,728
Total Common Shares Outstanding	1,726	1,728	1,728	1,728	1,733	1,728
Working Capital	1,270	1,258	911.75	832.21	807.17	590.26
Book Value Per Share	1.48	1.40	1.21	1.12	1.02	0.97
Tangible Book Value	2,479	2,336	2,014	1,853	1,696	1,585
Tangible Book Value Per Share	1.44	1.35	1.17	1.07	0.98	0.92
Buildings	-	498.09	486.31	420.15	355.68	401.18
Machinery	-	726.24	686.52	588.58	524.49	233.27
Construction In Progress	-	4.07	25.55	131.73	121.22	17