SHE:300091 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	725.8	676.41	113.94	241.49	433.33	523.87
Cash & Short-Term Investments	1,156	676.41	113.94	241.49	433.33	523.87
Cash Growth	989.26%	493.68%	-52.82%	-44.27%	-17.28%	22.45%
Accounts Receivable	342.18	1,573	1,845	1,925	2,551	2,383
Other Receivables	6.45	31.16	30.22	25.79	34.68	45.07
Receivables	348.63	1,604	1,876	1,950	2,586	2,428
Inventory	72.76	268.35	308.07	560.51	697.34	559.43
Prepaid Expenses	-	-	-	41.92	62.53	41.16
Other Current Assets	46.2	144.69	166.2	245.76	289.99	290.31
Total Current Assets	1,624	2,694	2,464	3,040	4,069	3,842
Property, Plant & Equipment	129.3	1,198	1,339	1,490	1,090	1,145
Long-Term Investments	-	10.72	37.41	36.46	83.76	86.27
Goodwill	-	-	159.88	420.49	531.18	612.76
Other Intangible Assets	23.75	185.04	208.63	256.38	171.26	185.29
Long-Term Accounts Receivable	-	11.41	36.97	22.75	16.93	24.97
Long-Term Deferred Tax Assets	8.85	23.04	82.59	160.65	156.53	104.34
Long-Term Deferred Charges	0.33	0.21	0.35	2.02	77.39	56.01
Other Long-Term Assets	8.69	0.04	10.42	12.43	22.24	36.93
Total Assets	1,795	4,122	4,339	5,442	6,218	6,094

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	84.88	816.99	1,115	1,163	1,267	1,423
Accrued Expenses	13.7	76.1	37	27.64	40.05	40.32
Short-Term Debt	-	1,388	872.94	1,090	1,252	938.23
Current Portion of Long-Term Debt	0.95	317.05	365.79	207.3	168.54	167.3
Current Portion of Leases	-	93.61	108.41	58.07	42.2	64.21
Current Income Taxes Payable	2.27	0.29	0.02	6.39	7.6	6.92
Current Unearned Revenue	85.87	194.14	105.4	214.91	213.83	238.22
Other Current Liabilities	274.2	1,716	231.09	225.63	403.3	87.3
Total Current Liabilities	461.88	4,602	2,836	2,992	3,395	2,966
Long-Term Debt	-	217.58	380.64	424.75	216.18	100.5
Long-Term Leases	1.99	39.71	140.86	27.77	26.12	54.97
Long-Term Unearned Revenue	11.4	26.75	29.05	31.47	33.85	35.23
Long-Term Deferred Tax Liabilities	0.7	5.91	11.29	17.5	12.28	4.77
Other Long-Term Liabilities	18.32	40.19	399.38	16.3	47.03	46.16
Total Liabilities	494.3	4,932	3,797	3,510	3,731	3,208

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	2,842	1,489	1,489	1,489	1,489	1,489
Additional Paid-In Capital	2,839	1,349	1,350	1,350	1,350	1,354
Retained Earnings	-4,388	-3,526	-2,162	-847.48	-341.97	25.55
Comprehensive Income & Other	6.76	8.86	4.87	3.07	2.23	2.14
Total Common Equity	1,300	-679.51	681.6	1,994	2,499	2,871
Minority Interest	-	-130.46	-139.96	-62.86	-11.36	15.5
Shareholders' Equity	1,300	-809.97	541.65	1,931	2,488	2,886
Total Liabilities & Equity	1,795	4,122	4,339	5,442	6,218	6,094

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	2.94	2,056	1,869	1,807	1,705	1,325
Net Cash (Debt)	1,153	-1,379	-1,755	-1,566	-1,272	-801.34
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.34	-0.49	-1.18	-1.05	-0.85	-0.55
Filing Date Shares Outstanding	2,391	1,489	1,489	1,489	1,489	1,489
Total Common Shares Outstanding	2,391	1,489	1,489	1,489	1,489	1,489
Working Capital	1,162	-1,908	-371.92	47.68	673.8	876.53
Book Value Per Share	0.54	-0.46	0.46	1.34	1.68	1.93
Tangible Book Value	1,277	-864.55	313.1	1,317	1,797	2,073
Tangible Book Value Per Share	0.53	-0.58	0.21	0.88	1.21	1.39
Buildings	-	838.08	848.41	848.67	667.01	679.07
Machinery	-	699.57	752.71	779.91	685.13	695.74
Construction In Progress	-	405.73	429.69	474.73	280.71	200.37
Order Backlog	-	372.49	-	-	-	-