SHE:300016 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	583.76	295.44	257.46	748.45	766.73	895.02
Trading Asset Securities	298.56	379.75	350.77	-	-	-
Cash & Short-Term Investments	882.32	675.18	608.23	748.45	766.73	895.02
Cash Growth	25.87%	11.01%	-18.73%	-2.38%	-14.33%	-11.71%
Accounts Receivable	227.06	265.25	176.36	188.55	112.67	142.52
Other Receivables	0.86	8.07	9.54	5.87	8.39	5.81
Receivables	227.92	273.32	185.9	194.42	121.06	148.33
Inventory	420.17	383.75	362.09	244.86	276.22	250.01
Other Current Assets	65.17	44.56	14.95	9.07	14	12.72
Total Current Assets	1,596	1,377	1,171	1,197	1,178	1,306
Property, Plant & Equipment	1,153	1,125	976.03	876.23	840.46	795.3
Long-Term Investments	582.37	578.74	536.76	556.06	561.19	553.2
Goodwill	46.92	46.92	46.92	-	31.82	51.23
Other Intangible Assets	145.14	147.22	160.82	128.39	125.1	138.99
Long-Term Accounts Receivable	-	1.31	1.43	-	-	-
Long-Term Deferred Tax Assets	38.62	37	41.33	41.38	39.32	18.15
Long-Term Deferred Charges	24.2	25.27	24.94	17.2	36.95	32.4
Other Long-Term Assets	17.64	9.31	18.11	3.38	5.83	8.92
Total Assets	3,604	3,348	2,978	2,819	2,819	2,904

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	177.63	214.38	171.32	115.12	140.9	141.13
Accrued Expenses	14.24	55.08	44.5	34.89	32.05	26.06
Short-Term Debt	301.48	216.96	140.02	175.56	107.61	79.08
Current Portion of Long-Term Debt	27.58	37.55	49	12.4	10.09	20.13
Current Portion of Leases	-	0.92	3.26	3.04	2.74	0.27
Current Income Taxes Payable	20.98	7.84	-	-	-	0.01
Current Unearned Revenue	5.7	6.66	8.76	2.01	4.45	3.8
Other Current Liabilities	57.69	35.01	38.38	16.14	4.83	15.09
Total Current Liabilities	605.29	574.39	455.23	359.17	302.67	285.56
Long-Term Debt	237.58	248.79	600.24	592.55	516.28	476.1
Long-Term Leases	1.77	2.16	4.8	7.17	9.98	0.14
Long-Term Unearned Revenue	20.97	24.52	16.84	11.74	7.89	10.45
Long-Term Deferred Tax Liabilities	79.15	80.5	70.93	62.48	58.56	45.98
Total Liabilities	944.75	930.36	1,148	1,033	895.39	818.22

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	581.69	562.87	491.95	491.93	491.96	492.72
Additional Paid-In Capital	834.36	697.91	135.34	135.22	135.3	201.27
Retained Earnings	1,074	994.58	926.45	912.79	1,019	1,042
Treasury Stock	-	-	-	-	-0.1	-9.06
Comprehensive Income & Other	4.35	3.36	113.86	110.67	130.27	130.04
Total Common Equity	2,495	2,259	1,668	1,651	1,776	1,857
Minority Interest	164.28	158.45	161.9	135.69	146.88	229.03
Shareholders' Equity	2,659	2,417	1,829	1,786	1,923	2,086
Total Liabilities & Equity	3,604	3,348	2,978	2,819	2,819	2,904

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	568.4	506.37	797.32	790.72	646.71	575.72
Net Cash (Debt)	313.92	168.81	-189.09	-42.28	120.03	319.31
Net Cash Growth	-	-	-	-	-62.41%	2.79%
Net Cash Per Share	0.57	0.33	-0.42	-0.09	0.21	0.66
Filing Date Shares Outstanding	577.12	562.87	491.95	491.93	491.96	492.72
Total Common Shares Outstanding	577.12	562.87	491.95	491.93	491.96	492.72
Working Capital	990.28	802.42	715.95	837.62	875.34	1,021
Book Value Per Share	4.32	4.01	3.39	3.36	3.61	3.77
Tangible Book Value	2,303	2,065	1,460	1,522	1,619	1,667
Tangible Book Value Per Share	3.99	3.67	2.97	3.09	3.29	3.38
Buildings	-	699.61	700.49	561.7	557.21	532.04
Machinery	-	609.14	567.37	503.01	470.31	400.02
Construction In Progress	-	260.87	70.26	110.39	44.99	49