SHE:300112 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	-	158.04	154.37	148.81	186.73	370.69
Short-Term Investments	-	-	130.04	136.19	102.76	-
Trading Asset Securities	-	181.46	67.41	150.74	156.03	67.98
Cash & Short-Term Investments	296.52	339.5	351.81	435.74	445.53	438.67
Cash Growth	0.79%	-3.50%	-19.26%	-2.20%	1.56%	72.39%
Accounts Receivable	-	440.16	430.63	401.82	364.02	330.85
Other Receivables	-	7.78	9.29	10.13	20.11	13.62
Receivables	-	447.94	439.91	411.94	384.13	344.48
Inventory	-	200.91	194.13	230.74	264.39	223.69
Prepaid Expenses	-	13.57	12.47	10.12	1.25	2.29
Other Current Assets	-	7.43	10.8	9.76	16.65	9.39
Total Current Assets	-	1,009	1,009	1,098	1,112	1,019
Property, Plant & Equipment	-	434.77	431.24	369.47	300.91	299.57
Long-Term Investments	-	86.17	85.61	100.44	64.44	79.66
Goodwill	-	31.42	37.99	111.23	178.86	178.86
Other Intangible Assets	-	33.36	36.31	52.32	61.44	69.38
Long-Term Deferred Tax Assets	-	17.57	22.24	15.4	15.86	14.77
Long-Term Deferred Charges	-	4.63	1.21	1.51	3.94	6.28
Other Long-Term Assets	-	55.94	48.48	43.32	58.88	52.79
Total Assets	-	1,673	1,672	1,792	1,796	1,720

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	-	231.45	181.16	168.49	117.82	127.13
Accrued Expenses	-	62.7	50.28	61.62	77.27	65.46
Short-Term Debt	-	40	20	15	23.36	17.91
Current Portion of Long-Term Debt	-	0.5	-	-	1	-
Current Portion of Leases	-	0.62	0.57	0.36	1.23	1.59
Current Income Taxes Payable	-	1.77	2.52	5.35	9.93	6.87
Current Unearned Revenue	-	20.12	27.26	32.72	38.56	33.79
Other Current Liabilities	-	34.94	51.55	54.86	32.99	31.14
Total Current Liabilities	-	392.09	333.35	338.38	302.16	283.87
Long-Term Debt	-	227.88	207.49	195.96	202.54	188.78
Long-Term Leases	-	0.16	0.69	1.17	-	0.09
Long-Term Unearned Revenue	-	3.8	4.65	6	7.68	9.34
Long-Term Deferred Tax Liabilities	-	7.69	7.33	5.03	6.34	5.23
Other Long-Term Liabilities	-	-	0.79	-	-	-
Total Liabilities	-	631.63	554.3	546.55	518.71	487.32

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	-	290.23	291.95	293.65	285.8	285.78
Additional Paid-In Capital	-	515.84	532.64	537.76	489.03	489.06
Retained Earnings	-	146.29	214.3	338.61	371.9	333.82
Treasury Stock	-	-12.22	-20.57	-29.89	-	-
Comprehensive Income & Other	-	51.32	51.67	51.35	55.69	56.03
Total Common Equity	985.34	991.46	1,070	1,191	1,202	1,165
Minority Interest	-	50.12	47.93	53.97	75.14	67.83
Shareholders' Equity	1,035	1,042	1,118	1,245	1,278	1,233
Total Liabilities & Equity	-	1,673	1,672	1,792	1,796	1,720

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	271.69	269.16	228.75	212.49	228.12	208.37
Net Cash (Debt)	24.82	70.34	123.06	223.25	217.4	230.3
Net Cash Growth	-45.25%	-42.84%	-44.88%	2.69%	-5.60%	-3.88%
Net Cash Per Share	0.08	0.24	0.42	0.71	0.76	0.80
Filing Date Shares Outstanding	287.95	290.23	291.95	293.65	285.8	285.78
Total Common Shares Outstanding	287.95	290.23	291.95	293.65	285.8	285.78
Working Capital	-	617.27	675.78	759.93	809.8	734.65
Book Value Per Share	3.40	3.42	3.66	4.06	4.21	4.08
Tangible Book Value	921.06	926.68	995.68	1,028	962.12	916.45
Tangible Book Value Per Share	3.17	3.19	3.41	3.50	3.37	3.21
Buildings	-	420.23	421.75	279.98	281.9	278.28
Machinery	-	208.94	184.18	152.33	151.53	133.78
Construction In Progress	-	14.85	6.94	94.42	4.66	5.11