SHE:300200 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	Dec '21 Dec 31, 2021
Cash & Equivalents	208.39	235.58	222.97	182.19	194.15	140.21
Short-Term Investments	47.63	218.45	205.81	97.79	-	-
Trading Asset Securities	-	30	128.21	62.86	677.03	679.47
Cash & Short-Term Investments	256.02	484.03	556.98	342.83	871.18	819.67
Cash Growth	-55.98%	-13.10%	62.47%	-60.65%	6.28%	4.77%
Accounts Receivable	626.45	671.35	395.73	341.55	286.87	188.08
Other Receivables	-	-	-	-	7.3	3
Receivables	626.45	671.35	395.73	341.55	294.17	191.08
Inventory	168.01	167.86	146.36	148.04	110.96	144.28
Other Current Assets	45.21	36.49	32.89	47.36	11.31	14.91
Total Current Assets	1,096	1,360	1,132	879.78	1,288	1,170
Property, Plant & Equipment	585.43	583.78	539.95	354.97	221.77	202.05
Long-Term Investments	305.93	217.79	259.72	464.46	39.98	39.98
Goodwill	304.71	304.71	304.71	304.71	718.85	686.77
Other Intangible Assets	52.55	53.27	53.87	46.95	27.99	28
Long-Term Deferred Tax Assets	7.3	7.58	5.64	9.69	10.31	12.55
Long-Term Deferred Charges	2.1	2.17	4.07	6.94	2.58	1.09
Other Long-Term Assets	21.3	17.15	18.68	35.19	8.52	7.24
Total Assets	2,375	2,546	2,319	2,103	2,318	2,148

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	Dec '21 Dec 31, 2021
Accounts Payable	521.91	584.45	321.11	275.82	123.85	131.53
Accrued Expenses	41.41	67.46	111.3	107.5	111.37	143.14
Short-Term Debt	113.04	162.09	142.09	-	10.24	30.42
Current Portion of Leases	1.11	1.1	1.4	1.69	0.76	0.52
Current Income Taxes Payable	2.72	3.86	0.18	0.75	9.4	5.02
Current Unearned Revenue	3.14	5.39	10.98	10.76	15.16	4.87
Other Current Liabilities	36.13	56.65	102.82	104.39	61.28	2.21
Total Current Liabilities	719.46	881	689.87	500.91	332.07	317.71
Long-Term Debt	7.99	0.31	-	-	-	-
Long-Term Leases	1.53	0.73	0.56	1.85	1.57	1.36
Long-Term Unearned Revenue	6.78	7.38	8.26	9.56	7.43	7.48
Long-Term Deferred Tax Liabilities	5.46	5.79	6.5	7.5	4.45	2.31
Other Long-Term Liabilities	-	-	-	0.5	-	-
Total Liabilities	741.24	895.22	705.2	520.32	345.53	328.87

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	Dec '21 Dec 31, 2021
Common Stock	430.97	430.97	430.97	430.97	425.49	425.52
Additional Paid-In Capital	963.48	958.21	958.21	982.67	967.57	922.35
Retained Earnings	304.69	314.84	273.33	137.97	547.82	470.88
Treasury Stock	-80	-80	-80	-	-	-
Comprehensive Income & Other	7.21	6.04	6.18	4.28	-	-
Total Common Equity	1,626	1,630	1,589	1,556	1,941	1,819
Minority Interest	7.42	20.91	24.7	26.47	31.21	-
Shareholders' Equity	1,634	1,651	1,613	1,582	1,972	1,819
Total Liabilities & Equity	2,375	2,546	2,319	2,103	2,318	2,148

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	Dec '21 Dec 31, 2021
Total Debt	123.68	164.24	144.05	3.54	12.58	32.3
Net Cash (Debt)	132.34	319.79	412.93	339.29	858.6	787.37
Net Cash Growth	-60.04%	-22.56%	21.70%	-60.48%	9.05%	4.66%
Net Cash Per Share	0.33	0.77	0.98	0.79	1.95	1.83
Filing Date Shares Outstanding	416.43	416.43	416.43	430.97	425.49	425.52
Total Common Shares Outstanding	416.43	416.43	416.43	430.97	425.49	425.52
Working Capital	376.22	478.73	442.09	378.87	955.54	852.23
Book Value Per Share	3.91	3.91	3.81	3.61	4.56	4.27
Tangible Book Value	1,269	1,272	1,230	1,204	1,194	1,104
Tangible Book Value Per Share	3.05	3.05	2.95	2.79	2.81	2.59
Buildings	346.9	347.4	291.23	272.53	214.4	206.5
Machinery	322.61	339.93	254.32	243.98	203.21	184.97
Construction In Progress	238.28	219.42	287.11	100.91	10.34	2.87