SHE:300270 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	58.66	65.95	89.41	126.59	159.28	130.06
Short-Term Investments	-	46.73	-	-	-	-
Cash & Short-Term Investments	58.66	112.68	89.41	126.59	159.28	130.06
Cash Growth	-22.64%	26.02%	-29.37%	-20.53%	22.47%	-41.19%
Accounts Receivable	281.81	350.75	399.1	427.68	463.52	409.62
Other Receivables	3.11	0.02	2.75	2.55	2.44	0.27
Receivables	284.93	350.77	401.84	430.23	465.96	409.89
Inventory	18.49	22.09	21.14	58.45	61.96	78.53
Prepaid Expenses	-	-	-	2.43	-	1.67
Other Current Assets	126	5.54	4.19	13.88	9.76	20.83
Total Current Assets	488.08	491.07	516.59	631.58	696.96	640.97
Property, Plant & Equipment	51.18	60.18	74.43	80.05	86.19	91.11
Long-Term Investments	80.61	52.2	106.53	-	-	0.71
Goodwill	-	-	1	6.98	12.98	13.17
Other Intangible Assets	4.16	4.34	10.38	5.39	5.84	4.46
Long-Term Accounts Receivable	-	45.95	14.33	65.87	129.42	61.09
Long-Term Deferred Tax Assets	34.97	40.94	40.16	57.88	51.49	41.24
Long-Term Deferred Charges	0.29	0.83	2.55	-	-	-
Other Long-Term Assets	136.75	113.04	115.64	122.47	132.94	137.59
Total Assets	796.05	808.55	881.62	970.22	1,116	990.34

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	175.5	181.83	190.04	219.34	279.77	185.74
Accrued Expenses	1.14	9.46	20.52	26.69	26.32	9.02
Short-Term Debt	20.92	35.21	22.82	20.03	10.01	-
Current Portion of Long-Term Debt	0.85	-	-	-	-	-
Current Portion of Leases	-	0.73	0.64	0.04	3.27	0.13
Current Income Taxes Payable	4.17	0.3	0.3	0.3	0.3	0.3
Current Unearned Revenue	8.7	8.03	11.98	12.21	15.12	13.32
Other Current Liabilities	32.91	29.45	32.32	27.7	24.85	27.49
Total Current Liabilities	244.18	265.02	278.63	306.32	359.65	236
Long-Term Leases	1.31	1.33	0.5	-	0.04	0.13
Long-Term Deferred Tax Liabilities	0.35	0.35	0.16	0.01	0.06	0.01
Other Long-Term Liabilities	1.47	1.47	1.73	2.1	3.6	2.19
Total Liabilities	247.32	268.16	281.02	308.43	363.34	238.33

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	302.81	302.81	302.81	302.81	302.81	302.81
Additional Paid-In Capital	485.12	485.12	485.01	484.42	496.93	489.44
Retained Earnings	-224.89	-234.09	-173.79	-110.97	-35.63	-34.6
Treasury Stock	-5.42	-5.42	-5.42	-10.12	-10.12	-10.12
Comprehensive Income & Other	-0.01	-0	-1.7	-1.7	-1.65	-1.05
Total Common Equity	557.61	548.41	606.9	664.44	752.33	746.48
Minority Interest	-8.88	-8.02	-6.3	-2.65	0.15	5.53
Shareholders' Equity	548.73	540.39	600.6	661.79	752.49	752.01
Total Liabilities & Equity	796.05	808.55	881.62	970.22	1,116	990.34

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	23.08	37.27	23.97	20.07	13.33	0.26
Net Cash (Debt)	35.58	75.41	65.44	106.51	145.95	129.8
Net Cash Growth	-29.44%	15.22%	-38.56%	-27.02%	12.45%	-4.26%
Net Cash Per Share	0.11	0.25	0.22	0.35	0.33	0.43
Filing Date Shares Outstanding	310.42	300.84	300.84	299.14	299.14	307.65
Total Common Shares Outstanding	310.42	300.84	300.84	299.14	299.14	307.65
Working Capital	243.9	226.05	237.95	325.26	337.31	404.97
Book Value Per Share	1.80	1.82	2.02	2.22	2.51	2.43
Tangible Book Value	553.45	544.08	595.52	652.07	733.51	728.85
Tangible Book Value Per Share	1.78	1.81	1.98	2.18	2.45	2.37
Buildings	-	99.98	115.87	115.87	115.87	115.87
Machinery	-	15.48	18.28	18.52	17.15	15.87