SHE:300382 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	343.25	341.52	295.74	374.22	488.02	291.35
Trading Asset Securities	0.23	0.95	130.73	375.78	440.62	100.63
Cash & Short-Term Investments	343.48	342.47	426.47	750	928.64	391.98
Cash Growth	-11.74%	-19.70%	-43.14%	-19.24%	136.91%	-28.69%
Accounts Receivable	769.3	841.81	745.08	825.49	747.85	397.67
Other Receivables	13.55	13.32	9.5	6.06	30.71	5.43
Receivables	782.85	855.13	754.57	831.55	778.56	403.1
Inventory	1,151	1,014	930.91	793.74	690.55	755.27
Other Current Assets	200.67	170.28	222.38	136.3	160.91	215.82
Total Current Assets	2,478	2,382	2,334	2,512	2,559	1,766
Property, Plant & Equipment	2,477	2,372	2,197	1,474	1,154	596.49
Long-Term Investments	209.53	246.49	225.09	120.65	99.55	75.29
Goodwill	4.45	2.92	6.16	16.43	18.5	15.42
Other Intangible Assets	165.22	165.46	168.24	173.16	177.46	134.49
Long-Term Accounts Receivable	-	10.08	10.08	-	-	-
Long-Term Deferred Tax Assets	58.87	50.2	37.5	30.3	22.5	17.61
Long-Term Deferred Charges	71.65	82.18	46.63	16.7	13.84	6.71
Other Long-Term Assets	65.92	30.64	25.41	20.45	45.93	70.03
Total Assets	5,530	5,342	5,050	4,363	4,090	2,682

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	576.68	501.27	356.49	262.27	234.3	210.24
Accrued Expenses	29.09	54.45	35.64	47.89	58.21	61.99
Short-Term Debt	630.32	564.2	365.37	313.99	344.73	256.84
Current Portion of Long-Term Debt	366.43	406.14	236.91	173.45	6.6	25.35
Current Portion of Leases	-	32.17	24.64	14.66	9.58	2.52
Current Income Taxes Payable	13.14	1.82	0.77	13.26	19.89	7.2
Current Unearned Revenue	331.69	174.59	166.74	74.62	145.48	319.2
Other Current Liabilities	75	56.7	21.82	34.56	67.93	34.93
Total Current Liabilities	2,022	1,791	1,208	934.71	886.72	918.26
Long-Term Debt	771.28	904.34	1,344	1,037	675.96	372.56
Long-Term Leases	345.39	326.71	401.89	32.35	17.14	9.91
Long-Term Unearned Revenue	14.03	14.98	6.07	2.13	0.04	0.7
Other Long-Term Liabilities	176.63	39.19	58.7	56.62	51.93	38.57
Total Liabilities	3,330	3,077	3,019	2,062	1,632	1,340

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	648.4	648.4	628.76	628.42	626.55	580.38
Additional Paid-In Capital	1,272	1,259	1,072	1,069	1,042	239.44
Retained Earnings	282.21	361.56	423.12	622.11	679.48	482.58
Treasury Stock	-	-	-141.24	-102.48	-	-16.54
Comprehensive Income & Other	24.44	22.16	55.36	52.01	49.99	47.95
Total Common Equity	2,227	2,291	2,038	2,269	2,398	1,334
Minority Interest	-26.35	-25.58	-6.82	32.38	60.53	8.39
Shareholders' Equity	2,200	2,265	2,031	2,301	2,458	1,342
Total Liabilities & Equity	5,530	5,342	5,050	4,363	4,090	2,682

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	2,113	2,234	2,373	1,571	1,054	667.18
Net Cash (Debt)	-1,770	-1,891	-1,947	-821.03	-125.37	-275.19
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.91	-3.07	-3.12	-1.34	-0.21	-0.49
Filing Date Shares Outstanding	594.51	648.4	616.91	621.03	626.55	580.38
Total Common Shares Outstanding	594.51	648.4	616.91	621.03	626.55	580.38
Working Capital	455.23	590.66	1,126	1,577	1,672	847.9
Book Value Per Share	3.75	3.53	3.30	3.65	3.83	2.30
Tangible Book Value	2,057	2,122	1,863	2,079	2,202	1,184
Tangible Book Value Per Share	3.46	3.27	3.02	3.35	3.51	2.04
Buildings	-	622.12	479.29	398.87	125.59	125.41
Machinery	-	1,180	939.42	770.34	620.91	399.34
Construction In Progress	-	634.51	688.65	527.96	587.17	213.93