SHE:300278 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	204.16	215.68	212.95	653.92	563.04	781.22
Short-Term Investments	-	-	-	-	4.42	0.22
Trading Asset Securities	184.6	330.43	44.43	44.41	43.64	0.71
Cash & Short-Term Investments	388.77	546.11	257.39	698.33	611.09	782.15
Cash Growth	-15.12%	112.17%	-63.14%	14.28%	-21.87%	49.76%
Accounts Receivable	638.4	1,299	1,113	1,011	751.4	746.02
Other Receivables	10.21	169.73	237.66	161.16	101.99	6.9
Receivables	648.61	1,469	1,350	1,172	853.4	752.93
Inventory	1,079	925.65	687.83	526.47	476.11	518.93
Other Current Assets	338.97	49.14	31.46	41.78	82.94	127.41
Total Current Assets	2,455	2,990	2,327	2,439	2,024	2,181
Property, Plant & Equipment	358.88	327.12	327.76	344.22	364.28	337.21
Long-Term Investments	-	-	-	-	-	122.68
Goodwill	317.42	317.42	317.42	317.42	317.42	318.67
Other Intangible Assets	93.58	104.68	111.37	90.01	90.51	90.68
Long-Term Accounts Receivable	-	-	-	-	1.02	0.11
Long-Term Deferred Tax Assets	2.99	6.49	7.82	7.86	8.41	7.65
Long-Term Deferred Charges	-	0.12	0.19	0.26	1.78	3.09
Other Long-Term Assets	38.31	33.2	34.36	57.84	29.27	73.22
Total Assets	3,266	3,779	3,126	3,257	2,836	3,135

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	544.08	878.56	469.42	598.37	545.35	604.04
Accrued Expenses	54.95	91.62	100.8	104.61	152.71	119.08
Short-Term Debt	113.07	84.37	73.06	41.57	4.97	4.97
Current Portion of Long-Term Debt	0.68	7.61	-	-	0.71	2.3
Current Portion of Leases	-	1.24	1.16	1.14	0.46	0.83
Current Income Taxes Payable	35.54	6.37	0.82	3	6.08	1.01
Current Unearned Revenue	743.22	892.01	582.97	673.09	393.48	597.6
Other Current Liabilities	132.76	123.66	84.36	73.03	90.7	180.27
Total Current Liabilities	1,624	2,085	1,313	1,495	1,194	1,510
Long-Term Debt	-	-	8.01	37.29	-	2.33
Long-Term Leases	1.29	2.1	5.06	3.68	2	-
Long-Term Unearned Revenue	1.36	1.38	1.42	1.46	1.5	1.54
Long-Term Deferred Tax Liabilities	1.6	1.95	2.75	2.41	5.47	5.07
Total Liabilities	1,629	2,091	1,330	1,540	1,203	1,519

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	1,414	1,422	1,422	1,422	1,422	1,429
Additional Paid-In Capital	1,868	1,902	1,899	1,899	1,898	1,911
Retained Earnings	-1,476	-1,457	-1,396	-1,474	-1,551	-1,658
Treasury Stock	-	-40.68	-	-	-	-32.45
Comprehensive Income & Other	-169.7	-139.66	-129.29	-130.38	-136.34	-34.9
Total Common Equity	1,636	1,687	1,795	1,716	1,632	1,615
Minority Interest	1.15	1.07	0.89	1.03	0.83	0.68
Shareholders' Equity	1,638	1,688	1,796	1,717	1,633	1,616
Total Liabilities & Equity	3,266	3,779	3,126	3,257	2,836	3,135

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	115.03	95.32	87.29	83.69	8.15	10.43
Net Cash (Debt)	273.73	450.79	170.1	614.65	602.95	771.72
Net Cash Growth	-16.18%	165.02%	-72.33%	1.94%	-21.87%	-
Net Cash Per Share	0.18	0.30	0.11	0.40	0.40	0.45
Filing Date Shares Outstanding	1,394	1,414	1,422	1,422	1,422	1,429
Total Common Shares Outstanding	1,394	1,414	1,422	1,422	1,422	1,429
Working Capital	830.63	904.31	1,014	944.13	829.09	671.32
Book Value Per Share	1.17	1.19	1.26	1.21	1.15	1.13
Tangible Book Value	1,225	1,265	1,366	1,308	1,224	1,206
Tangible Book Value Per Share	0.88	0.89	0.96	0.92	0.86	0.84
Buildings	-	380.6	383.33	303.86	399.01	360.09
Machinery	-	112.08	108.17	35.31	123.95	105.91
Construction In Progress	-	18.26	-	0.29	-	-