SHE:300205 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	345.26	384.42	461.86	645.09	963.36	430.68
Trading Asset Securities	-	-	-	6.98	5.67	107.87
Cash & Short-Term Investments	345.26	384.42	461.86	652.07	969.03	538.54
Cash Growth	3.96%	-16.77%	-29.17%	-32.71%	79.94%	-54.68%
Accounts Receivable	91.4	124.15	322.82	692.34	571.6	438.79
Other Receivables	33.68	37.01	140.83	197.09	97	510.41
Receivables	125.08	161.15	463.65	889.44	668.6	949.19
Inventory	89.16	89.95	146.88	263.9	367.92	413
Prepaid Expenses	0.08	0.06	0.23	7.88	9.05	9.29
Other Current Assets	10.76	52.02	12.34	8.73	77.3	66.73
Total Current Assets	570.34	687.6	1,085	1,822	2,092	1,977
Property, Plant & Equipment	67.69	271.75	378.51	402.51	420.21	366.28
Long-Term Investments	263.58	270.77	515.68	561.89	550.19	606.66
Other Intangible Assets	18.02	44.56	65.4	102.77	77.12	62.11
Long-Term Accounts Receivable	-	-	24.8	31.05	41.1	50.11
Long-Term Deferred Tax Assets	49.39	49.39	49.99	50	54.88	67.11
Long-Term Deferred Charges	1.63	2.68	4.43	7.77	45.99	27.81
Other Long-Term Assets	1.13	1.13	3.38	7.57	4.4	2.1
Total Assets	971.78	1,328	2,127	2,986	3,286	3,159

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	87.35	116.38	487.11	613.3	783.53	870.07
Accrued Expenses	43.71	72.56	97.01	78.12	121.5	95.38
Short-Term Debt	-	-	-	406.38	660.24	578.71
Current Portion of Long-Term Debt	-	-	64.52	0.08	-	-
Current Portion of Leases	10.72	0.16	2.48	1.66	2.17	2.93
Current Income Taxes Payable	0.01	0.01	0.01	0.68	0.02	0.01
Current Unearned Revenue	65.5	66.6	76.21	83.88	86.29	74.98
Other Current Liabilities	153.09	392.56	101.67	90.17	82.15	59.48
Total Current Liabilities	360.38	648.28	829.01	1,274	1,736	1,682
Long-Term Debt	-	-	-	70	-	-
Long-Term Leases	17.05	-	2.13	3.18	0.32	3.16
Long-Term Unearned Revenue	2.8	3.1	4.5	5.7	0.7	1.1
Long-Term Deferred Tax Liabilities	2.38	2.38	5	7.23	8.87	6.49
Other Long-Term Liabilities	202.8	215.78	223.17	145.61	42.55	52.03
Total Liabilities	585.42	869.54	1,064	1,506	1,788	1,744

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	430.06	430.06	430.06	430.06	430.06	430.06
Additional Paid-In Capital	633.82	624.85	624.85	624.85	631.33	630.31
Retained Earnings	-677.37	-596.43	8.58	424.84	420.85	334.45
Comprehensive Income & Other	-	-	-	-	5.27	4.69
Total Common Equity	386.5	458.48	1,063	1,480	1,488	1,400
Minority Interest	-0.14	-0.14	-0.14	-0.16	9.96	15.07
Shareholders' Equity	386.36	458.34	1,063	1,480	1,497	1,415
Total Liabilities & Equity	971.78	1,328	2,127	2,986	3,286	3,159

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	27.77	0.16	69.13	481.3	662.73	584.8
Net Cash (Debt)	317.48	384.26	392.73	170.77	306.31	-46.25
Net Cash Growth	18.79%	-2.16%	129.97%	-44.25%	-	-
Net Cash Per Share	0.74	0.89	0.91	0.40	0.71	-0.11
Filing Date Shares Outstanding	430.06	430.06	430.06	430.06	430.06	430.06
Total Common Shares Outstanding	430.06	430.06	430.06	430.06	430.06	430.06
Working Capital	209.95	39.33	255.96	547.75	356.01	295.19
Book Value Per Share	0.90	1.07	2.47	3.44	3.46	3.25
Tangible Book Value	368.49	413.92	998.09	1,377	1,410	1,337
Tangible Book Value Per Share	0.86	0.96	2.32	3.20	3.28	3.11
Buildings	39.13	311.54	365.23	364.07	358.16	168.95
Machinery	229.33	238.7	290.47	284.8	291.34	292.97
Construction In Progress	-	-	-	0.05	0.01	119.98