SHE:300359 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	261.99	307.66	379.8	443.81	524.95	507.68
Short-Term Investments	56.59	45.81	-	-	32	4
Trading Asset Securities	34.78	51.52	42.83	69.2	39.33	61.24
Cash & Short-Term Investments	353.36	404.99	422.63	513.01	596.28	572.93
Cash Growth	-0.30%	-4.17%	-17.62%	-13.96%	4.08%	-4.20%
Accounts Receivable	151.15	160.8	230.65	258.38	238.59	273.85
Other Receivables	47.48	46.69	60.35	75.48	96.75	25.1
Receivables	198.63	207.5	291	333.86	335.33	298.94
Inventory	8.94	5.59	6.42	15.82	11.06	11.69
Other Current Assets	4.4	3.35	5.62	6.17	10.47	5.79
Total Current Assets	565.33	621.43	725.66	868.86	953.13	889.34
Property, Plant & Equipment	22.55	22.85	33.26	33.91	44.34	57.54
Long-Term Investments	60.33	74.55	90.38	80.24	68.59	110.75
Goodwill	1.03	1.03	1.03	23.36	35.94	97.75
Other Intangible Assets	10.06	12.26	19.15	30.49	43.75	110.65
Long-Term Deferred Tax Assets	2.72	2.54	3.26	11.75	11.62	38.73
Long-Term Deferred Charges	2.63	2.81	3.78	4.23	7.75	7.21
Other Long-Term Assets	6.59	-	-	-	1.73	0.44
Total Assets	671.25	737.47	876.51	1,053	1,167	1,312

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	40.08	62.58	71.45	76.66	92.19	103.97
Accrued Expenses	11.83	21.71	36.37	44.42	46.02	46.7
Short-Term Debt	15.01	5	-	0.05	40.01	145.21
Current Portion of Leases	5.08	6.04	9.22	7.26	11.92	8.42
Current Income Taxes Payable	0.14	1.39	1.99	5.09	6.32	9.83
Current Unearned Revenue	28.81	25.62	36.78	72.97	124.92	118.93
Other Current Liabilities	15	15.5	17.45	19.98	14.77	36.57
Total Current Liabilities	115.95	137.86	173.27	226.43	336.15	469.62
Long-Term Leases	3.47	2.03	9.14	5.78	9.68	19.21
Long-Term Unearned Revenue	4.25	4.43	5.29	6.16	7.02	28.89
Long-Term Deferred Tax Liabilities	0.24	0.24	0.29	0.92	1.17	0.93
Other Long-Term Liabilities	-	-	-	1.29	6.17	0.29
Total Liabilities	123.91	144.56	188	240.58	360.19	518.94

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	633.33	633.33	633.33	633.33	633.33	633.66
Additional Paid-In Capital	987.18	987.18	976.64	979.08	979.19	981.74
Retained Earnings	-1,117	-1,076	-1,007	-903.64	-910.09	-923.27
Treasury Stock	-	-	-	-	-	-2.64
Comprehensive Income & Other	-11.66	-11.66	-8.82	-7.68	1.06	-
Total Common Equity	491.42	532.96	594.56	701.1	703.49	689.5
Minority Interest	55.92	59.95	93.96	111.17	103.17	103.99
Shareholders' Equity	547.34	592.91	688.52	812.27	806.66	793.48
Total Liabilities & Equity	671.25	737.47	876.51	1,053	1,167	1,312

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	23.56	13.07	18.37	13.09	61.61	172.84
Net Cash (Debt)	329.8	391.92	404.26	499.92	534.67	400.09
Net Cash Growth	-3.15%	-3.05%	-19.13%	-6.50%	33.64%	0.05%
Net Cash Per Share	0.55	0.62	0.62	0.78	0.85	0.44
Filing Date Shares Outstanding	633.33	633.33	633.33	633.33	633.33	633.66
Total Common Shares Outstanding	633.33	633.33	633.33	633.33	633.33	633.66
Working Capital	449.39	483.57	552.4	642.43	616.99	419.72
Book Value Per Share	0.78	0.84	0.94	1.11	1.11	1.09
Tangible Book Value	480.33	519.68	574.38	647.24	623.81	481.09
Tangible Book Value Per Share	0.76	0.82	0.91	1.02	0.98	0.76
Machinery	77.01	76.84	79.16	108.18	111.9	143.21
Construction In Progress	2	1.34	0.33	1.08	0.13	0.18