SHE:300096 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	261.68	367.55	350.73	408.06	191.29	254.14
Short-Term Investments	-	7.03	0.55	0.54	0.52	5.57
Trading Asset Securities	32.83	41.33	29.84	-	-	-
Cash & Short-Term Investments	294.51	415.91	381.11	408.61	191.81	259.7
Cash Growth	-1.39%	9.13%	-6.73%	113.02%	-26.14%	-41.97%
Accounts Receivable	193.54	202.72	196.67	218.68	298.58	412.19
Other Receivables	16.83	22.59	34.95	58.16	67.94	39.12
Receivables	210.37	225.31	231.63	276.85	366.52	451.31
Inventory	99.9	85.58	97.32	106.09	169.28	145.96
Prepaid Expenses	-	0.15	0.04	0.05	-	0.05
Other Current Assets	66.4	50.64	49.39	62.1	92.48	97.27
Total Current Assets	671.19	777.59	759.49	853.7	820.09	954.3
Property, Plant & Equipment	60.21	61.35	64.38	66.5	88.92	87.86
Long-Term Investments	84.73	82.08	87.31	117.66	305.95	385.33
Goodwill	-	-	0.69	0.69	0.69	8.53
Other Intangible Assets	6.05	9.5	22.96	41.03	82.17	104.64
Long-Term Accounts Receivable	-	8.36	12.07	11.87	40	45.93
Long-Term Deferred Tax Assets	8.63	7.4	4.29	1.32	39.16	77.93
Long-Term Deferred Charges	2.22	2.33	3.11	4.53	3.77	5.55
Other Long-Term Assets	8.62	0.94	-	-	0.36	0.04
Total Assets	841.64	949.56	954.3	1,097	1,381	1,670

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	134.02	150.08	179.03	197.72	287.93	331.15
Accrued Expenses	53.11	110.9	101.7	130.18	152.15	150.9
Short-Term Debt	-	-	-	-	153.02	105.16
Current Portion of Long-Term Debt	6.25	0.5	3	1.01	-	-
Current Portion of Leases	-	4.26	4.08	3	12.28	14.29
Current Income Taxes Payable	12.82	3.25	2.94	0.19	0.24	5.65
Current Unearned Revenue	211.31	214.9	189.52	219.38	325.53	250.89
Other Current Liabilities	49.53	40.59	32.32	48.04	37.51	24.83
Total Current Liabilities	467.03	524.48	512.59	599.51	968.66	882.88
Long-Term Debt	-	-	0.5	3.5	5.01	1.04
Long-Term Leases	4.93	3.03	4.25	3.45	6.82	12.5
Long-Term Unearned Revenue	-	-	-	-	1.62	-
Long-Term Deferred Tax Liabilities	1.16	1.16	1.17	0.95	2.11	-
Other Long-Term Liabilities	1.56	1.36	70.58	73.34	1.4	-
Total Liabilities	474.68	530.03	589.09	680.74	985.62	896.42

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	430	430	430	430	430	430
Additional Paid-In Capital	103.62	103.7	102.9	102.88	115.39	92.25
Retained Earnings	-219.26	-171.62	-220.94	-177.66	-214.71	105.11
Comprehensive Income & Other	-0.85	-0.85	-0.85	-6.21	-28.14	-0.15
Total Common Equity	313.51	361.24	311.11	349.01	302.54	627.21
Minority Interest	53.44	58.29	54.09	67.55	92.95	146.47
Shareholders' Equity	366.95	419.53	365.21	416.56	395.49	773.68
Total Liabilities & Equity	841.64	949.56	954.3	1,097	1,381	1,670

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	11.18	7.8	11.84	10.95	177.13	133
Net Cash (Debt)	283.33	408.11	369.28	397.66	14.68	126.71
Net Cash Growth	-2.65%	10.52%	-7.14%	2608.73%	-88.41%	-43.04%
Net Cash Per Share	0.66	0.95	0.86	0.93	0.03	0.29
Filing Date Shares Outstanding	429.64	430	430	430	430	430
Total Common Shares Outstanding	429.64	430	430	430	430	430
Working Capital	204.16	253.11	246.89	254.19	-148.57	71.41
Book Value Per Share	0.73	0.84	0.72	0.81	0.70	1.46
Tangible Book Value	307.46	351.74	287.46	307.29	219.68	514.05
Tangible Book Value Per Share	0.72	0.82	0.67	0.71	0.51	1.20
Buildings	-	80.84	81.01	81.01	91.48	71.76
Machinery	-	75.76	77.62	77.41	81.49	87.84