SHE:300217 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	467.4	569.7	524.75	1,465	1,381	457.85
Trading Asset Securities	1,146	904.68	849.2	80.11	392.24	701.72
Cash & Short-Term Investments	1,614	1,474	1,374	1,545	1,773	1,160
Cash Growth	34.76%	7.31%	-11.06%	-12.86%	52.88%	111.74%
Accounts Receivable	1,646	1,955	2,033	1,945	1,982	1,635
Other Receivables	11.68	10.52	23.15	28.5	23.91	18.86
Receivables	1,658	1,965	2,057	1,973	2,006	1,654
Inventory	1,319	1,249	1,529	2,006	1,838	1,139
Prepaid Expenses	11.6	12.08	39.83	100.61	36.71	4.37
Other Current Assets	112.11	138.31	103.23	86.05	167.56	177.1
Total Current Assets	4,715	4,839	5,103	5,711	5,821	4,134
Property, Plant & Equipment	1,134	1,175	1,188	1,151	995.12	844.65
Long-Term Investments	102.57	82.42	58.73	63.87	43.23	35.7
Goodwill	40.59	40.59	40.59	50.55	50.55	50.55
Other Intangible Assets	195.33	176.88	192.79	192.96	202.21	210.36
Long-Term Deferred Tax Assets	56.26	60.41	60.12	47.5	41.39	29.2
Long-Term Deferred Charges	7.74	5.99	4.9	5.1	3.56	5.25
Other Long-Term Assets	20.12	21.04	42.47	48.04	80.01	24.49
Total Assets	6,271	6,401	6,690	7,270	7,238	5,334

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	866.4	820.45	911.62	1,021	1,068	815.85
Accrued Expenses	56.72	77.52	64.65	79.85	99.79	56.95
Short-Term Debt	10.01	103.11	57.2	226.24	173.37	220.27
Current Portion of Long-Term Debt	-	-	-	-	50.07	0.09
Current Portion of Leases	0.87	1.18	1.55	1.41	6.84	1.62
Current Income Taxes Payable	3.36	7.88	28.3	60.6	8.76	8.78
Current Unearned Revenue	743.4	738.89	954.69	1,465	1,675	553.58
Other Current Liabilities	270.61	341.94	457.67	439.34	777.83	725.02
Total Current Liabilities	1,951	2,091	2,476	3,293	3,860	2,382
Long-Term Debt	-	-	-	-	-	80
Long-Term Leases	3.75	3.81	2.4	2.26	1.09	2.56
Long-Term Unearned Revenue	36.96	38.31	41.29	43.15	46.25	49.64
Long-Term Deferred Tax Liabilities	2.38	5.51	16.25	16.53	18.97	11.9
Total Liabilities	1,994	2,139	2,536	3,355	3,926	2,526

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	1,478	1,478	1,478	1,488	1,488	1,441
Additional Paid-In Capital	746.27	746.27	769.48	807.28	822.33	574.94
Retained Earnings	2,012	1,994	1,886	1,669	1,055	781.98
Treasury Stock	-	-	-13	-55.81	-70.1	-
Comprehensive Income & Other	-2.11	-0.58	-0.92	-0.68	-0.41	0.95
Total Common Equity	4,234	4,218	4,119	3,907	3,294	2,799
Minority Interest	42.65	44.36	34.82	7.22	16.98	9.07
Shareholders' Equity	4,277	4,262	4,154	3,914	3,311	2,808
Total Liabilities & Equity	6,271	6,401	6,690	7,270	7,238	5,334

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	14.64	108.1	61.16	229.92	231.37	304.54
Net Cash (Debt)	1,599	1,366	1,313	1,315	1,541	855.03
Net Cash Growth	36.68%	4.08%	-0.16%	-14.70%	80.27%	343.83%
Net Cash Per Share	1.13	0.96	0.87	0.88	1.07	0.64
Filing Date Shares Outstanding	1,478	1,478	1,338	1,487	1,477	1,441
Total Common Shares Outstanding	1,478	1,478	1,338	1,487	1,477	1,441
Working Capital	2,763	2,748	2,627	2,417	1,962	1,752
Book Value Per Share	2.86	2.85	3.08	2.63	2.23	1.94
Tangible Book Value	3,998	4,001	3,886	3,664	3,042	2,538
Tangible Book Value Per Share	2.71	2.71	2.91	2.46	2.06	1.76
Buildings	949.91	950.03	953.24	905.87	793.78	779.33
Machinery	1,051	1,033	917.54	814.96	632.65	554.43
Construction In Progress	39.61	35.25	67.07	72.86	136.05	10.54