SHE:300221 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	200	97.81	115.81	44.06	98.46	105.75
Short-Term Investments	-	-	10.92	63.87	72.16	-
Trading Asset Securities	0.02	-	1.5	3.13	130.48	88.78
Cash & Short-Term Investments	200.02	97.81	128.24	111.07	301.11	194.53
Cash Growth	135.10%	-23.73%	15.46%	-63.11%	54.78%	54.21%
Accounts Receivable	1,005	764.81	834.69	671.11	608.11	958.08
Other Receivables	10.58	8.81	15.07	10.77	5.89	15.21
Receivables	1,016	773.62	849.76	681.89	613.99	973.29
Inventory	301.37	282.68	306.32	205.68	250.27	281.36
Prepaid Expenses	-	0.08	0.06	-	-	-
Other Current Assets	61.52	75.95	84.05	52.47	53.34	45.61
Total Current Assets	1,579	1,230	1,368	1,051	1,219	1,495
Property, Plant & Equipment	778.37	749.01	686.09	613.69	369.85	344.38
Long-Term Investments	37.04	12.06	14.63	14.89	21.53	18.67
Goodwill	-	-	-	-	14.3	14.3
Other Intangible Assets	86.38	87.62	89.9	100.59	103.04	46.26
Long-Term Accounts Receivable	-	5.7	12.17	-	2.25	3.44
Long-Term Deferred Tax Assets	9.15	9.25	11.3	11.24	10.48	10.63
Long-Term Deferred Charges	47.97	45.44	49.95	16.33	10.55	10.08
Other Long-Term Assets	90.81	81.22	100.54	37.42	22.36	9.99
Total Assets	2,628	2,220	2,333	1,845	1,773	1,953
Accounts Payable	440.38	294.08	461.48	256.42	300.03	375.21
Accrued Expenses	39.63	51.72	31.37	30.75	24.97	39.32
Short-Term Debt	323.39	140.96	203.61	53.55	55.99	206.3
Current Portion of Long-Term Debt	41.85	26.28	20.86	5.25	-	-
Current Portion of Leases	-	17.15	15.81	8.27	10.7	10.16
Current Income Taxes Payable	11.73	0.2	0.28	0.03	0.02	0.09
Current Unearned Revenue	7.05	6.91	2.58	0.79	2.07	2.85
Other Current Liabilities	85.83	46.02	81.56	61.27	83.61	122.41
Total Current Liabilities	949.87	583.33	817.55	416.35	477.39	756.35
Long-Term Debt	55.17	68.82	63.89	44.79	-	-
Long-Term Leases	54.22	57.2	71.57	47.68	18.59	25.73
Long-Term Unearned Revenue	2.95	2.95	0.5	0.79	0.29	1.31
Long-Term Deferred Tax Liabilities	11.33	9.67	10.1	6.81	6.24	1.98
Total Liabilities	1,074	721.96	963.61	516.43	502.5	785.37
Common Stock	473.75	473.75	477.82	474.56	474.56	476.21
Additional Paid-In Capital	735.06	732.13	1,008	1,018	1,009	941.16
Retained Earnings	343.45	297.02	-77.94	-129.38	-156.41	-151.01
Treasury Stock	-31.16	-34.46	-62.99	-56.9	-77.44	-110.06
Comprehensive Income & Other	-2.57	-2.93	-2.53	-2.24	-2.78	-5.72
Total Common Equity	1,519	1,466	1,343	1,304	1,247	1,151
Minority Interest	36.35	32.95	26.62	24.97	23.68	16.61
Shareholders' Equity	1,555	1,498	1,369	1,329	1,271	1,167
Total Liabilities & Equity	2,628	2,220	2,333	1,845	1,773	1,953
Total Debt	474.63	310.41	375.74	159.55	85.28	242.19
Net Cash (Debt)	-274.61	-212.6	-247.51	-48.49	215.83	-47.66
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.58	-0.45	-0.54	-0.11	0.49	-0.10
Filing Date Shares Outstanding	469.06	473.75	477.82	474.56	474.56	476.21
Total Common Shares Outstanding	469.06	473.75	477.82	474.56	474.56	476.21
Working Capital	628.86	646.8	550.89	634.76	741.33	738.45
Book Value Per Share	3.24	3.09	2.81	2.75	2.63	2.42
Tangible Book Value	1,432	1,378	1,253	1,203	1,130	1,090
Tangible Book Value Per Share	3.05	2.91	2.62	2.54	2.38	2.29
Land	-	-	-	38.52	2.95	4.04
Buildings	-	494.87	494.51	242.73	258.88	258.88
Machinery	-	351.52	333.53	241.02	289.18	270.42
Construction In Progress	-	118.18	16.23	304.02	66.1	33.63