SHE:300172 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	118.2	198.08	117.1	263.89	148.09	48.1
Short-Term Investments	-	464.85	-	-	-	-
Trading Asset Securities	408.42	443.28	629.65	455.33	508.32	594.51
Cash & Short-Term Investments	526.62	1,106	746.74	719.21	656.41	642.62
Cash Growth	-38.99%	48.14%	3.83%	9.57%	2.15%	9.80%
Accounts Receivable	810.52	835.85	954.09	1,041	938.72	854.7
Other Receivables	20.14	16.06	17.04	16	20.68	20.96
Receivables	830.66	851.9	971.13	1,057	959.4	875.66
Inventory	175.64	122.01	96.56	61.59	73.06	35.84
Prepaid Expenses	-	42.93	47.65	57.29	63.31	78.64
Other Current Assets	603.29	44.66	23.41	38.94	40.08	35.15
Total Current Assets	2,136	2,168	1,886	1,934	1,792	1,668
Property, Plant & Equipment	126.99	129.84	145.38	153.77	169.64	194.11
Long-Term Investments	76.3	74.54	69.83	65.85	59.74	56.36
Goodwill	-	-	-	-	-	42.08
Other Intangible Assets	454	474.35	558.98	684.74	787.51	759.16
Long-Term Deferred Tax Assets	28.46	29.82	33.41	31.13	27.74	24.69
Other Long-Term Assets	42.89	32.33	22.77	22.45	40.44	35.21
Total Assets	2,865	2,909	2,716	2,892	2,877	2,780
Accounts Payable	469.67	477.48	496.25	566.76	589.33	506.34
Accrued Expenses	0.15	6.22	2.81	3.33	6.06	7.79
Short-Term Debt	1	2	4	61.06	54.05	37.04
Current Portion of Long-Term Debt	7.55	5.06	5.07	35.54	92.05	16.23
Current Income Taxes Payable	5.58	2.4	5.29	4.74	6.93	3.55
Current Unearned Revenue	257.41	272.47	107.32	104.45	103.9	43.16
Other Current Liabilities	47.82	59.29	48.46	40.48	31.39	21.87
Total Current Liabilities	789.18	824.92	669.21	816.36	883.71	635.98
Long-Term Debt	65	70	75	150.78	101.1	277.57
Long-Term Unearned Revenue	27.75	29.64	32.98	40.63	43.09	49.49
Long-Term Deferred Tax Liabilities	5.13	4.88	5.1	5.32	5.68	6.47
Other Long-Term Liabilities	3.37	1.85	1.42	1.62	12.82	13.7
Total Liabilities	890.42	931.29	783.71	1,015	1,046	983.21
Common Stock	676.71	676.71	676.71	676.71	676.71	676.71
Additional Paid-In Capital	43.78	43.78	43.54	44.34	44.34	44.34
Retained Earnings	1,207	1,211	1,163	1,109	1,057	1,015
Total Common Equity	1,928	1,931	1,883	1,830	1,778	1,736
Minority Interest	46.71	46.04	48.98	47.19	52.78	60.58
Shareholders' Equity	1,974	1,977	1,932	1,877	1,831	1,796
Total Liabilities & Equity	2,865	2,909	2,716	2,892	2,877	2,780
Total Debt	73.55	77.06	84.08	247.37	247.21	330.84
Net Cash (Debt)	453.07	1,029	662.67	471.84	409.2	311.78
Net Cash Growth	-42.18%	55.30%	40.44%	15.31%	31.25%	3.62%
Net Cash Per Share	0.65	1.51	0.98	0.71	0.59	0.47
Filing Date Shares Outstanding	747.37	676.71	676.71	676.71	676.71	676.71
Total Common Shares Outstanding	747.37	676.71	676.71	676.71	676.71	676.71
Working Capital	1,347	1,343	1,216	1,118	908.54	1,032
Book Value Per Share	2.58	2.85	2.78	2.70	2.63	2.56
Tangible Book Value	1,474	1,457	1,324	1,145	990.63	934.49
Tangible Book Value Per Share	1.97	2.15	1.96	1.69	1.46	1.38
Buildings	-	155.5	163.48	164.04	95.67	102.3
Machinery	-	83.52	83.65	83.73	81.37	69.71
Construction In Progress	-	0.32	0.32	0.32	73.99	94.39
Order Backlog	-	229.11	-	-	-	-