SHE:300155 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	128.01	203.37	275.81	451.62	593.82	492.81
Short-Term Investments	172.79	282.44	51.54	-	-	-
Trading Asset Securities	407.18	242.34	248.52	45.3	69.86	-
Cash & Short-Term Investments	707.98	728.16	575.87	496.92	663.68	492.81
Cash Growth	74.48%	26.44%	15.89%	-25.13%	34.67%	19.07%
Accounts Receivable	130.43	152.36	209.05	265.73	402.34	533.33
Other Receivables	0.9	1.12	1.97	16.68	16.06	18.23
Receivables	131.33	153.48	211.02	282.41	418.4	551.56
Inventory	50.23	44.61	56.42	81.06	115.7	239.18
Other Current Assets	31.67	31.32	31.44	34.33	40.65	57.12
Total Current Assets	921.21	957.57	874.75	894.72	1,238	1,341
Property, Plant & Equipment	137.82	146.65	145.51	149.88	157.58	175.78
Long-Term Investments	95.35	99.96	222.78	266.44	11.79	10.99
Goodwill	2	2.72	4.77	8.49	15.72	31.72
Other Intangible Assets	13.9	14.72	16.23	18.01	20.35	23.48
Long-Term Accounts Receivable	28.31	28.15	45.48	68.2	46.83	73.84
Long-Term Deferred Tax Assets	43.77	48.42	63.7	53.39	42.81	33.58
Long-Term Deferred Charges	1.81	2.33	3.31	4.62	5.05	6.37
Other Long-Term Assets	53.6	48.8	58.23	53.08	57.12	51.71
Total Assets	1,298	1,349	1,435	1,517	1,596	1,748

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	56.35	62.2	75.42	87.64	106.01	130.27
Accrued Expenses	8.67	16.3	17.9	24.26	32.97	51.89
Short-Term Debt	-	-	-	-	-	10
Current Portion of Leases	0.56	0.85	2.06	0.47	2.59	2.5
Current Income Taxes Payable	0.15	0.27	0.56	1.72	1.11	1.83
Current Unearned Revenue	16.71	17.01	18.51	24.91	31.1	46.95
Other Current Liabilities	17.24	18.02	25.37	32.99	29.81	33.79
Total Current Liabilities	99.67	114.66	139.82	171.99	203.59	277.22
Long-Term Leases	0.05	0.18	1.18	0.15	0.28	2.82
Long-Term Unearned Revenue	-	-	0.1	0.47	0.93	1.55
Long-Term Deferred Tax Liabilities	2.73	5.06	3.87	0.48	3.5	10.51
Other Long-Term Liabilities	9.3	10.33	13.2	14.39	13.44	11.57
Total Liabilities	111.74	130.23	158.17	187.47	221.74	303.67

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	561.23	561.23	561.23	561.23	561.23	561.23
Additional Paid-In Capital	432.5	432.5	432.5	432.5	432.27	432.27
Retained Earnings	179.23	208.83	262.93	314.69	353.88	420.89
Comprehensive Income & Other	0.79	1.02	1.17	1.05	0.87	0.58
Total Common Equity	1,174	1,204	1,258	1,309	1,348	1,415
Minority Interest	12.27	15.48	18.76	19.89	25.7	29.51
Shareholders' Equity	1,186	1,219	1,277	1,329	1,374	1,444
Total Liabilities & Equity	1,298	1,349	1,435	1,517	1,596	1,748

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	0.6	1.03	3.25	0.61	2.87	15.32
Net Cash (Debt)	707.38	727.13	572.63	496.31	660.81	477.49
Net Cash Growth	75.31%	26.98%	15.38%	-24.89%	38.39%	18.22%
Net Cash Per Share	1.31	1.34	1.00	0.89	1.13	0.86
Filing Date Shares Outstanding	561.23	561.23	561.23	561.23	561.23	561.23
Total Common Shares Outstanding	561.23	561.23	561.23	561.23	561.23	561.23
Working Capital	821.54	842.91	734.93	722.73	1,035	1,063
Book Value Per Share	2.09	2.14	2.24	2.33	2.40	2.52
Tangible Book Value	1,158	1,186	1,237	1,283	1,312	1,360
Tangible Book Value Per Share	2.06	2.11	2.20	2.29	2.34	2.42
Buildings	162.86	167.39	151.15	142.25	138.52	144.98
Machinery	88.84	93.97	108.82	129.14	152.38	173.89
Construction In Progress	-	-	-	-	0.73	-