SHE:300322 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	-	227.14	353.96	454.54	627.63	606.4
Trading Asset Securities	-	157.7	-	-	-	-
Cash & Short-Term Investments	333.68	384.85	353.96	454.54	627.63	606.4
Cash Growth	-30.51%	8.73%	-22.13%	-27.58%	3.50%	-34.28%
Accounts Receivable	-	1,285	963	759.1	646.79	727.5
Other Receivables	-	21.1	20.68	12.12	31.47	25.27
Receivables	-	1,306	983.68	771.22	678.26	752.77
Inventory	-	528.99	383.59	277.07	313.08	328.9
Prepaid Expenses	-	-	-	-	-	0.11
Other Current Assets	-	151.15	197.52	118.56	136.09	159.02
Total Current Assets	-	2,371	1,919	1,621	1,755	1,847
Property, Plant & Equipment	-	737.12	642.32	695.53	742.18	658.26
Long-Term Investments	-	178.7	180.04	200	236.29	182.85
Goodwill	-	18.97	18.97	40.82	50.43	50.92
Other Intangible Assets	-	203.46	192.07	195.32	54.57	54.99
Long-Term Deferred Tax Assets	-	67.49	65.42	76.27	68.78	36.86
Long-Term Deferred Charges	-	36.58	25.92	31.27	37.46	27.59
Other Long-Term Assets	-	3.82	20.71	22.93	49.4	39.25
Total Assets	-	3,617	3,064	2,884	2,994	2,898

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	-	837.89	523.38	451.63	518.7	517.17
Accrued Expenses	-	89.86	71.58	58.8	60.55	40.09
Short-Term Debt	-	993.81	960.62	813.03	538.35	582.31
Current Portion of Long-Term Debt	-	81.37	99.19	109.32	114.8	43.4
Current Portion of Leases	-	6.68	7.01	5.64	3.83	10.18
Current Income Taxes Payable	-	4.81	1.44	2.91	5.18	2.63
Current Unearned Revenue	-	9.15	8.06	8.67	5.3	4.86
Other Current Liabilities	-	92.72	147.34	56.18	113.06	35.07
Total Current Liabilities	-	2,116	1,819	1,506	1,360	1,236
Long-Term Debt	-	286.5	100.45	134.62	172.46	129.98
Long-Term Leases	-	35.5	9.23	14.9	17.87	15.31
Long-Term Unearned Revenue	-	91.71	104.9	125.91	137.57	81.22
Long-Term Deferred Tax Liabilities	-	-	-	8.24	8.54	4.7
Total Liabilities	-	2,530	2,033	1,790	1,696	1,467

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	-	460.04	465.75	465.75	465.75	465.75
Additional Paid-In Capital	-	545.72	610.05	610.85	613.67	612.83
Retained Earnings	-	3.85	-60.83	3.62	198.19	295.5
Treasury Stock	-	-	-50.01	-50.01	-50.01	-
Comprehensive Income & Other	-	-0.54	3.41	3.85	3.41	2.63
Total Common Equity	1,018	1,009	968.36	1,034	1,231	1,377
Minority Interest	-	77.73	62.64	59.64	66.92	54.29
Shareholders' Equity	1,098	1,087	1,031	1,094	1,298	1,431
Total Liabilities & Equity	-	3,617	3,064	2,884	2,994	2,898

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	1,464	1,404	1,176	1,078	847.32	781.18
Net Cash (Debt)	-1,130	-1,019	-822.53	-622.97	-219.69	-174.78
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.38	-2.21	-1.79	-1.34	-0.48	-0.37
Filing Date Shares Outstanding	489.95	460.04	460.81	460.81	460.81	465.75
Total Common Shares Outstanding	489.95	460.04	460.81	460.81	460.81	465.75
Working Capital	-	254.35	100.11	115.22	395.27	611.5
Book Value Per Share	2.21	2.19	2.10	2.24	2.67	2.96
Tangible Book Value	797.6	786.63	757.32	797.92	1,126	1,271
Tangible Book Value Per Share	1.73	1.71	1.64	1.73	2.44	2.73
Buildings	-	437.45	353.66	408.13	381.77	279.8
Machinery	-	691.4	640.77	648.35	659.86	554.21
Construction In Progress	-	44.59	71.89	24.11	40.73	103.19