SHE:300291 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	176.87	480.95	268.2	475.44	1,572	840.9
Short-Term Investments	298.24	-	100	-	-	-
Trading Asset Securities	444.13	499.63	736.08	751.51	68.33	1,090
Cash & Short-Term Investments	919.24	980.58	1,104	1,227	1,640	1,931
Cash Growth	-12.06%	-11.20%	-10.00%	-25.20%	-15.07%	6.79%
Accounts Receivable	247.07	199.79	506.63	557.2	551.99	857.05
Other Receivables	48.9	62.97	70.88	58.16	45.81	35.09
Receivables	295.97	262.76	577.51	615.36	597.79	892.14
Inventory	994.72	1,141	1,380	1,584	865.57	596.18
Prepaid Expenses	0.05	0.05	0.05	0.05	0.05	-
Other Current Assets	203.11	151.61	184.08	210.7	397.66	221.4
Total Current Assets	2,413	2,536	3,246	3,637	3,501	3,641
Property, Plant & Equipment	185.15	14.15	63.55	112.55	176.62	182.54
Long-Term Investments	126.76	112.19	90.38	101.7	119.79	96.82
Goodwill	72.65	72.65	162.03	250.3	177.65	177.65
Other Intangible Assets	0.24	0.31	0.44	2.42	2	-
Long-Term Deferred Tax Assets	141.1	134.21	76.72	66.14	69.1	35.92
Long-Term Deferred Charges	1.14	2.4	7.18	10.14	7.47	10.03
Other Long-Term Assets	53.59	82.93	121.87	185.59	193.76	212.97
Total Assets	2,994	2,955	3,768	4,366	4,248	4,357

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	2.49	3.19	3.8	3.06	19.42	2.2
Accrued Expenses	151.53	144.29	80.38	85.33	46.5	59.51
Short-Term Debt	17.53	5.42	15.34	22.3	-	-
Current Portion of Long-Term Debt	-	0	-	-	-	-
Current Portion of Leases	53.51	0.91	10.88	30.9	40.14	44.87
Current Income Taxes Payable	1.26	5.51	2.78	6.24	0.56	13.26
Current Unearned Revenue	664.69	776.1	389.88	234.52	21.02	45.39
Other Current Liabilities	87.38	81.05	168.13	209.33	105.24	219.45
Total Current Liabilities	978.39	1,016	671.19	591.68	232.88	384.69
Long-Term Debt	-	3	-	-	-	-
Long-Term Leases	93.3	1.19	1.99	12.21	48.43	79.41
Long-Term Unearned Revenue	49.53	46.64	32.9	19.25	14.7	10.4
Long-Term Deferred Tax Liabilities	-	-	-	18.77	32.36	-
Other Long-Term Liabilities	0.17	0.79	17.54	-	-	-
Total Liabilities	1,121	1,068	723.62	641.9	328.37	474.49

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	941.89	941.89	941.89	941.89	918.82	918.82
Additional Paid-In Capital	4,954	4,953	4,945	4,947	4,895	4,874
Retained Earnings	-3,859	-3,855	-2,732	-2,290	-2,068	-2,090
Comprehensive Income & Other	-14.26	-14.98	-17.4	-	-	-
Total Common Equity	2,023	2,025	3,138	3,599	3,746	3,703
Minority Interest	-150.88	-137.54	-93.53	125.16	173.5	179.6
Shareholders' Equity	1,872	1,887	3,045	3,724	3,919	3,883
Total Liabilities & Equity	2,994	2,955	3,768	4,366	4,248	4,357

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	164.34	10.53	28.21	65.4	88.57	124.28
Net Cash (Debt)	754.9	970.06	1,076	1,162	1,552	1,807
Net Cash Growth	-26.51%	-9.85%	-7.36%	-25.14%	-14.13%	-0.08%
Net Cash Per Share	0.80	1.03	1.14	1.24	1.68	1.97
Filing Date Shares Outstanding	941.89	941.89	941.89	941.89	918.82	918.82
Total Common Shares Outstanding	941.89	941.89	941.89	941.89	918.82	918.82
Working Capital	1,435	1,520	2,575	3,046	3,268	3,256
Book Value Per Share	2.15	2.15	3.33	3.82	4.08	4.03
Tangible Book Value	1,950	1,952	2,976	3,346	3,566	3,525
Tangible Book Value Per Share	2.07	2.07	3.16	3.55	3.88	3.84
Machinery	7.89	10.78	11	10.4	8.15	6.59