SHE:300375 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	138.93	449.82	519.17	527.5	105.61	156.53
Short-Term Investments	-	-	-	-	-	0
Trading Asset Securities	180	13	10	-	261.5	101.42
Cash & Short-Term Investments	318.93	462.82	529.17	527.5	367.11	257.95
Cash Growth	-36.14%	-12.54%	0.32%	43.69%	42.32%	27.69%
Accounts Receivable	792.77	1,121	979.89	936.31	543.71	585.54
Other Receivables	2.86	3.43	21.83	1.91	1.34	1.16
Receivables	795.63	1,124	1,002	938.22	545.05	586.7
Inventory	663.46	610.86	597.65	504.79	425.85	387.55
Prepaid Expenses	-	-	-	0.01	1.66	-
Other Current Assets	32.08	38.17	47.03	27.25	36.38	12.25
Total Current Assets	1,810	2,236	2,176	1,998	1,376	1,244
Property, Plant & Equipment	894.83	842.44	734.78	640.52	647.17	624.43
Long-Term Investments	117.43	361.82	143.66	142.04	157.33	132.57
Goodwill	48.41	48.41	332.09	332.09	360.33	395.47
Other Intangible Assets	104.68	105.69	109.8	109.62	114.36	118.97
Long-Term Deferred Tax Assets	81.72	75.92	70.2	61.03	59.52	21.92
Long-Term Deferred Charges	5.89	6.54	5.77	6.49	1.54	0.11
Other Long-Term Assets	315	57.31	17.81	26.57	8.42	3.66
Total Assets	3,378	3,734	3,590	3,316	2,725	2,542

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	816.5	917.23	763.74	694.23	478.13	360.53
Accrued Expenses	52.31	103.96	100.56	77.49	64.55	66.7
Short-Term Debt	215.78	466.21	294.82	197.92	108.92	-
Current Portion of Long-Term Debt	13.57	-	-	-	-	100.05
Current Portion of Leases	-	13.56	9.32	6.09	4.24	3.61
Current Income Taxes Payable	3.74	5.58	0.06	0.39	22.15	21.09
Current Unearned Revenue	0.33	0.9	0.5	2.44	0.38	0.32
Other Current Liabilities	59.42	25.55	30.17	18.21	6.42	5.4
Total Current Liabilities	1,162	1,533	1,199	996.76	684.79	557.71
Long-Term Leases	25.05	32.73	24.27	12.54	6.84	7.4
Long-Term Unearned Revenue	40.64	36.04	37.33	38.93	44.49	49.61
Long-Term Deferred Tax Liabilities	70.32	71.14	70.46	71.33	54.67	35.35
Total Liabilities	1,298	1,673	1,331	1,120	790.78	650.08

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	759.74	759.74	755.38	755.38	664.79	711.12
Additional Paid-In Capital	454.05	451.03	436.88	430.67	249.25	410.07
Retained Earnings	861.16	843.91	1,062	1,011	1,020	977.41
Comprehensive Income & Other	0.51	-	-	-	-	-207.11
Total Common Equity	2,075	2,055	2,254	2,197	1,934	1,891
Minority Interest	4.95	6.44	4.32	-	-	-
Shareholders' Equity	2,080	2,061	2,258	2,197	1,934	1,891
Total Liabilities & Equity	3,378	3,734	3,590	3,316	2,725	2,542

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	254.4	512.5	328.4	216.55	119.99	111.06
Net Cash (Debt)	64.53	-49.68	200.77	310.96	247.12	146.89
Net Cash Growth	-54.09%	-	-35.44%	25.83%	68.24%	44.14%
Net Cash Per Share	0.08	-0.07	0.26	0.44	0.36	0.21
Filing Date Shares Outstanding	762.06	759.74	755.38	755.38	755.38	664.79
Total Common Shares Outstanding	762.06	759.74	755.38	755.38	664.79	711.12
Working Capital	648.45	702.92	976.4	1,001	691.26	686.73
Book Value Per Share	2.72	2.70	2.98	2.91	2.91	2.66
Tangible Book Value	1,922	1,901	1,812	1,755	1,459	1,377
Tangible Book Value Per Share	2.52	2.50	2.40	2.32	2.20	1.94
Buildings	-	456.78	435.94	441.59	439.29	436.32
Machinery	-	1,166	979.02	863.52	777.04	740.79
Construction In Progress	-	42.71	73.58	32.73	70.23	6.23