SHE:300131 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	434.83	525.55	522.77	615.07	610.44	550.47
Trading Asset Securities	1.06	1.74	-	-	-	-
Cash & Short-Term Investments	435.89	527.28	522.77	615.07	610.44	550.47
Cash Growth	-2.85%	0.86%	-15.01%	0.76%	10.90%	20.68%
Accounts Receivable	1,003	1,036	988.4	1,115	1,044	1,064
Other Receivables	8.88	11.66	11.77	13.5	50.69	65.21
Receivables	1,012	1,048	1,000	1,129	1,094	1,129
Inventory	539.42	567.38	644.46	750.61	887.41	826.23
Prepaid Expenses	0.58	7.91	9.04	4.99	1.41	-
Other Current Assets	81.12	52.46	57.62	66.41	77.39	83.47
Total Current Assets	2,069	2,203	2,234	2,566	2,671	2,589
Property, Plant & Equipment	200.61	184.35	159.18	167.94	168.19	183.64
Long-Term Investments	152.97	157.61	150.44	150.6	181.21	190.24
Goodwill	378.29	378.29	378.29	308.85	308.85	308.93
Other Intangible Assets	468.31	518.31	444.92	347.5	86.19	103.35
Long-Term Deferred Tax Assets	47.23	56.34	59.68	53.28	41.25	35.11
Long-Term Deferred Charges	67.15	49.71	49.79	26.55	6.87	9.4
Other Long-Term Assets	111	84.3	117.95	65.94	41.46	42.08
Total Assets	3,495	3,632	3,594	3,687	3,505	3,462

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	403.83	462.88	564.35	582.84	457.76	558.98
Accrued Expenses	30.31	38.7	44.71	37.3	36.95	35.5
Short-Term Debt	873.55	916.09	665.3	751.33	697.32	653.39
Current Portion of Long-Term Debt	5.48	5.85	6.01	6.51	60.15	104.54
Current Portion of Leases	8.16	10.85	9.01	16.34	11.11	10.63
Current Income Taxes Payable	6.12	7.46	10.03	1.12	4.3	34.61
Current Unearned Revenue	11.46	14.71	10.91	35.28	14.84	31.67
Other Current Liabilities	395.01	357.04	401.26	316.68	303.53	435.85
Total Current Liabilities	1,734	1,814	1,712	1,747	1,586	1,865
Long-Term Debt	36.07	41.35	48.65	59.37	25.86	87.38
Long-Term Leases	20.52	24.21	12.17	20.67	22.75	34.24
Pension & Post-Retirement Benefits	3.42	3.65	6	9.05	10.17	10.72
Long-Term Deferred Tax Liabilities	7.84	9.64	7.61	10.77	11.78	6.77
Other Long-Term Liabilities	0.28	0.25	67.39	129.09	0.57	0.35
Total Liabilities	1,802	1,893	1,853	1,976	1,657	2,005

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	1,135	1,135	1,135	1,138	1,138	1,070
Additional Paid-In Capital	33.71	33.71	33.71	49.12	271.57	51.31
Retained Earnings	594.3	597.2	570.79	510.51	455.64	397.3
Comprehensive Income & Other	-63.06	-22.83	3.68	9.9	38.82	-32.58
Total Common Equity	1,700	1,743	1,743	1,707	1,904	1,486
Minority Interest	-7.4	-3.98	-2.28	3.25	-55.83	-28.22
Shareholders' Equity	1,693	1,739	1,741	1,710	1,848	1,457
Total Liabilities & Equity	3,495	3,632	3,594	3,687	3,505	3,462

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	943.78	998.35	741.15	854.22	817.19	890.18
Net Cash (Debt)	-507.89	-471.07	-218.37	-239.15	-206.74	-339.71
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.39	-0.36	-0.18	-0.22	-0.18	-0.35
Filing Date Shares Outstanding	1,135	1,135	1,135	1,138	1,138	1,070
Total Common Shares Outstanding	1,135	1,135	1,135	1,138	1,138	1,070
Working Capital	335.15	389.3	522.48	818.66	1,085	724.06
Book Value Per Share	1.50	1.54	1.54	1.50	1.67	1.39
Tangible Book Value	853.37	846.49	919.98	1,051	1,509	1,073
Tangible Book Value Per Share	0.75	0.75	0.81	0.92	1.33	1.00
Buildings	192.51	203.68	206.39	228.61	214.58	224.21
Machinery	323.72	304.59	288.72	284.14	291.15	312.34
Construction In Progress	0.23	0.24	-	1.64	22.43	11.31