SHE:300201 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	278.34	810.23	458.46	374.32	144.61	253.99
Trading Asset Securities	-	-	-	-	0.11	0.14
Cash & Short-Term Investments	278.34	810.23	458.46	374.32	144.72	254.14
Cash Growth	-28.05%	76.73%	22.48%	158.66%	-43.06%	-60.79%
Accounts Receivable	1,289	700.24	951.35	623.46	719.4	741.59
Other Receivables	54.11	46.65	55.32	101.27	56.21	101.08
Receivables	1,343	746.89	1,007	724.74	775.61	842.67
Inventory	485.42	224.75	288.16	242.91	274.64	216.95
Prepaid Expenses	-	1.75	0.05	1.5	0.07	0.46
Other Current Assets	208.67	39.94	44.13	34.05	37.69	41.75
Total Current Assets	2,316	1,824	1,797	1,378	1,233	1,356
Property, Plant & Equipment	418.75	282.57	442.75	463.67	482.9	506.87
Long-Term Investments	117.26	116.07	111.32	116.85	132.73	132.42
Goodwill	463.87	2.54	4.11	4.11	4.11	5.26
Other Intangible Assets	192.81	131.4	136.22	138.91	142.56	145.75
Long-Term Accounts Receivable	-	27.95	8.34	1.14	1.14	5.13
Long-Term Deferred Tax Assets	50.39	48.86	57.55	50.25	63.97	74.39
Long-Term Deferred Charges	34.53	23.89	0.33	-	0.27	0.31
Other Long-Term Assets	211.58	197.46	22.99	30.39	104.79	103.76
Total Assets	3,805	2,654	2,581	2,183	2,165	2,330

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	899.46	592.86	673.81	604.44	531.69	654.36
Accrued Expenses	25.72	38.26	41.29	14.62	32.5	36.99
Short-Term Debt	227.2	131.09	267.99	158.15	29.3	130.35
Current Portion of Long-Term Debt	57.41	-	-	4.55	18.07	21.64
Current Income Taxes Payable	27.71	15.57	18.85	8.9	5.57	12.54
Current Unearned Revenue	39.96	19.29	12.92	11.31	85.95	54.5
Other Current Liabilities	27.92	15.07	20.14	16.22	32.33	37.95
Total Current Liabilities	1,305	812.14	1,035	818.19	735.41	948.34
Long-Term Debt	337.72	-	-	29.25	63.75	81.75
Long-Term Unearned Revenue	0.63	0.66	0.82	0.98	1.13	1.77
Long-Term Deferred Tax Liabilities	5.05	-	7.66	7.54	2.06	3.6
Other Long-Term Liabilities	-	-	0.04	1.13	0.45	6.63
Total Liabilities	1,649	812.81	1,044	857.09	802.81	1,042

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	1,009	1,009	1,009	1,041	1,041	1,041
Additional Paid-In Capital	13.68	13.68	15.36	100.61	94.41	94.41
Retained Earnings	939.97	842.46	563.96	416.68	210.82	138.09
Treasury Stock	-90.23	-40.21	-67.01	-249.57	-	-
Comprehensive Income & Other	15.97	13.86	15.26	13.81	11.36	9.58
Total Common Equity	1,888	1,839	1,537	1,322	1,358	1,283
Minority Interest	267.77	2.65	0.96	3.28	4.88	4.74
Shareholders' Equity	2,156	1,841	1,538	1,326	1,362	1,288
Total Liabilities & Equity	3,805	2,654	2,581	2,183	2,165	2,330

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	622.33	131.09	267.99	191.95	111.12	233.74
Net Cash (Debt)	-344	679.14	190.47	182.36	33.6	20.4
Net Cash Growth	-	256.56%	4.44%	442.80%	64.72%	346.33%
Net Cash Per Share	-0.34	0.69	0.19	0.18	0.03	0.02
Filing Date Shares Outstanding	1,006	992.07	994.9	988.24	1,041	1,041
Total Common Shares Outstanding	1,006	992.07	994.9	988.24	1,041	1,041
Working Capital	1,010	1,011	762.49	559.31	497.31	407.62
Book Value Per Share	1.88	1.85	1.54	1.34	1.30	1.23
Tangible Book Value	1,232	1,705	1,396	1,179	1,211	1,132
Tangible Book Value Per Share	1.22	1.72	1.40	1.19	1.16	1.09
Buildings	-	373.75	372.01	377.87	382.34	398.76
Machinery	-	181.62	171.97	164.06	162.78	156.14
Construction In Progress	-	0.01	154.34	153.92	153.16	148.29