SHE:300181 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	648.24	680.88	804.67	931.98	1,082	232.3
Trading Asset Securities	-	-	-	151	10.83	65.52
Cash & Short-Term Investments	648.24	680.88	804.67	1,083	1,093	297.82
Cash Growth	-11.36%	-15.38%	-25.70%	-0.91%	266.97%	-5.39%
Accounts Receivable	1,247	1,139	783.33	532.42	510.07	337.33
Other Receivables	14.52	18.01	18.18	9.02	24.42	26.77
Receivables	1,261	1,157	801.52	541.44	534.5	364.1
Inventory	570.56	531.81	523.75	426.52	318.83	273.59
Prepaid Expenses	-	3.97	0	-	7.87	-
Other Current Assets	43.35	17.24	47.51	5.53	5.45	6.16
Total Current Assets	2,523	2,391	2,177	2,056	1,960	941.67
Property, Plant & Equipment	1,480	1,427	1,220	1,060	972.41	806.32
Long-Term Investments	382.27	411.57	254.64	179.7	392.36	650.67
Goodwill	321.37	130.32	130.32	130.32	130.32	130.32
Other Intangible Assets	275.71	82.42	75.08	71.27	63.04	64.89
Long-Term Deferred Tax Assets	32.71	31.79	30.4	25.5	25.14	15.51
Long-Term Deferred Charges	60.53	50.09	35.58	25.49	25.42	25.6
Other Long-Term Assets	122.53	186.72	68.91	78.07	74.76	113.55
Total Assets	5,198	4,712	3,992	3,627	3,643	2,749

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	537.1	425.26	482.41	433.85	468.88	296.77
Accrued Expenses	25.53	127.25	86.53	82.24	78.32	62.33
Short-Term Debt	713.3	660.09	377.31	193.06	138.16	178.2
Current Portion of Long-Term Debt	4.14	-	-	10.01	0.01	-
Current Portion of Leases	-	3.19	3.35	2.49	2.83	4.21
Current Income Taxes Payable	127.52	69.26	52.54	32.65	26.59	16.46
Current Unearned Revenue	11.1	5.26	14.45	2.23	14.14	3.06
Other Current Liabilities	234.84	48.64	39.46	38.28	26	23.55
Total Current Liabilities	1,654	1,339	1,056	794.83	754.94	584.58
Long-Term Debt	46.66	11.66	30.66	-	10	-
Long-Term Leases	17.59	17.07	18.27	16.69	22.13	24.27
Long-Term Unearned Revenue	28.07	27.65	26.5	19.9	19.76	22.37
Long-Term Deferred Tax Liabilities	67.77	75	41.03	21.68	76.24	134.1
Total Liabilities	1,814	1,470	1,173	853.09	883.07	765.31

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	701.39	701.39	701.39	701.39	701.39	608.62
Additional Paid-In Capital	1,145	1,142	1,135	1,135	1,135	340.48
Retained Earnings	1,389	1,257	1,041	849.32	676.8	525.52
Treasury Stock	-81.45	-111.88	-203.97	-	-	-
Comprehensive Income & Other	171.39	191.62	94.63	42.66	190.19	369.44
Total Common Equity	3,326	3,180	2,769	2,729	2,704	1,844
Minority Interest	58.75	61.25	50.56	45.2	56.18	139.15
Shareholders' Equity	3,385	3,241	2,819	2,774	2,760	1,983
Total Liabilities & Equity	5,198	4,712	3,992	3,627	3,643	2,749

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	781.69	692.01	429.59	222.25	173.13	206.67
Net Cash (Debt)	-133.45	-11.13	375.08	860.73	919.77	91.15
Net Cash Growth	-	-	-56.42%	-6.42%	909.09%	-
Net Cash Per Share	-0.19	-0.02	0.54	1.24	1.52	0.15
Filing Date Shares Outstanding	662.07	693.22	692.47	701.39	701.39	608.62
Total Common Shares Outstanding	662.07	693.22	686.49	701.39	701.39	608.62
Working Capital	869.87	1,052	1,121	1,262	1,205	357.1
Book Value Per Share	5.02	4.59	4.03	3.89	3.85	3.03
Tangible Book Value	2,729	2,967	2,563	2,527	2,510	1,649
Tangible Book Value Per Share	4.12	4.28	3.73	3.60	3.58	2.71
Buildings	-	1,223	1,014	962.71	832.63	678.11
Machinery	-	580.69	529.12	467.55	432.59	412.82
Construction In Progress	-	173.97	161.43	61.14	78.06	40.29