SHE:300192 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	380.37	380.53	350.2	294.31	331.79	349.05
Trading Asset Securities	3	20.04	3	3	23.04	3
Cash & Short-Term Investments	383.37	400.57	353.2	297.31	354.83	352.05
Cash Growth	15.51%	13.41%	18.80%	-16.21%	0.79%	-33.05%
Accounts Receivable	199.7	193.12	208.28	214.35	191.86	206.06
Other Receivables	24.11	21.11	26.17	15.57	29.8	19.49
Receivables	223.8	214.22	234.45	229.92	221.66	225.55
Inventory	69.78	59.17	60.62	52.57	65.97	74.74
Prepaid Expenses	-	-	-	-	0.75	-
Other Current Assets	12.46	6.3	3.14	5.09	2.31	5.26
Total Current Assets	689.41	680.25	651.4	584.88	645.52	657.6
Property, Plant & Equipment	208.49	210.65	170.44	217.31	238.63	278.75
Long-Term Investments	245	211.89	193.08	145.88	-	-
Goodwill	105.02	105.02	105.02	105.02	105.02	105.02
Other Intangible Assets	41.11	41.72	43.48	45.24	46.94	51.2
Long-Term Accounts Receivable	-	-	-	-	-	1.08
Long-Term Deferred Tax Assets	7.91	7.72	2.69	11.32	17.87	15.8
Long-Term Deferred Charges	26.17	34.96	44.74	45.27	39.62	30.77
Other Long-Term Assets	2.72	1.86	3.09	6.58	3.4	1.59
Total Assets	1,326	1,294	1,214	1,161	1,097	1,142

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	93.15	99.7	100.59	98.72	165.73	159.47
Accrued Expenses	13.53	25.37	26.55	28.6	18.08	29.71
Short-Term Debt	30	-	-	-	-	90.06
Current Portion of Long-Term Debt	14	-	-	-	-	-
Current Portion of Leases	-	17.2	4.39	9.68	18.42	19.7
Current Income Taxes Payable	6.7	13.25	11.83	6.65	11.79	6.91
Current Unearned Revenue	44.5	58.35	65.57	66.87	38.2	91.16
Other Current Liabilities	50.22	53.11	57.05	48.35	71.04	38.77
Total Current Liabilities	252.1	266.97	265.98	258.88	323.27	435.78
Long-Term Leases	62.12	54.98	11.9	20.47	31.61	40.79
Long-Term Unearned Revenue	11.61	-	-	-	0.09	0.18
Long-Term Deferred Tax Liabilities	1.44	1.48	3.34	0.3	1.02	-
Other Long-Term Liabilities	0.6	0.18	0.88	-	-	-
Total Liabilities	327.87	323.61	282.11	279.65	355.99	476.76

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	329.14	329.14	329.14	329.14	329.14	329.14
Additional Paid-In Capital	459.34	459.67	448.67	408.76	400.15	400.15
Retained Earnings	203.7	185.01	160.07	153.25	14.74	-58.49
Comprehensive Income & Other	0.46	0.24	-1.67	-5.23	-5.24	-5.24
Total Common Equity	992.64	974.06	936.22	885.92	738.79	665.57
Minority Interest	5.32	-3.58	-4.38	-4.07	2.23	-0.51
Shareholders' Equity	997.96	970.48	931.83	881.85	741.02	665.06
Total Liabilities & Equity	1,326	1,294	1,214	1,161	1,097	1,142

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	106.12	72.17	16.3	30.15	50.03	150.55
Net Cash (Debt)	277.25	328.39	336.9	267.16	304.81	201.5
Net Cash Growth	-11.83%	-2.53%	26.11%	-12.35%	51.27%	450.12%
Net Cash Per Share	0.60	0.71	0.73	0.58	0.66	0.47
Filing Date Shares Outstanding	196.85	460.8	460.8	460.8	460.8	460.8
Total Common Shares Outstanding	196.85	460.8	460.8	460.8	460.8	460.8
Working Capital	437.32	413.28	385.42	326	322.25	221.82
Book Value Per Share	5.04	2.11	2.03	1.92	1.60	1.44
Tangible Book Value	846.51	827.32	787.72	735.66	586.82	509.35
Tangible Book Value Per Share	4.30	1.80	1.71	1.60	1.27	1.11
Buildings	-	156.42	156.42	155.96	146.89	155.71
Machinery	-	297.71	293.56	292.33	282.94	291.05
Construction In Progress	-	-	-	-	-	5.33