SHE:300394 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	2,906	2,997	1,978	1,864	672.61	515.05
Trading Asset Securities	272.17	210.05	350.02	436.2	882.34	785
Cash & Short-Term Investments	3,178	3,207	2,329	2,300	1,555	1,300
Cash Growth	27.10%	37.71%	1.23%	47.93%	19.61%	221.52%
Accounts Receivable	1,462	1,141	808.09	464.64	404.96	352.08
Other Receivables	1.76	1.69	1.18	2.46	0.67	1.1
Receivables	1,463	1,142	809.27	467.1	405.63	353.18
Inventory	928.83	457.2	350.13	255.65	186.44	173.99
Prepaid Expenses	0.85	0.06	0.03	0.02	0.02	0.01
Other Current Assets	136.85	42.09	36.53	22.07	21.68	11.68
Total Current Assets	5,708	4,848	3,524	3,045	2,169	1,839
Property, Plant & Equipment	1,397	1,322	1,043	652	613.13	597.64
Long-Term Investments	11.92	9.31	8.65	8.29	8.05	7.45
Goodwill	29.65	29.65	29.65	29.65	29.65	29.65
Other Intangible Assets	115.74	89.8	81.76	49.15	50.35	53.48
Long-Term Deferred Tax Assets	135.15	112.65	32.89	20.74	11.88	11.28
Long-Term Deferred Charges	8.05	9.56	2.78	4.33	5	5.91
Other Long-Term Assets	182.48	27.78	13.31	88.93	14.14	6.75
Total Assets	7,588	6,449	4,737	3,898	2,901	2,551

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	981.54	495.11	323.44	276.83	115.89	102.35
Accrued Expenses	120.38	114.76	90.25	71.22	60.6	48.15
Short-Term Debt	-	-	0.02	-	-	1.14
Current Portion of Long-Term Debt	-	-	40	-	-	-
Current Portion of Leases	1.7	1.66	1.51	1.62	3.08	2.68
Current Income Taxes Payable	31.7	113.06	59.29	54.43	9.71	5.16
Current Unearned Revenue	112.08	160.56	184.05	83.71	34.19	12.48
Other Current Liabilities	58.77	23.86	28.13	16.07	9.68	7.65
Total Current Liabilities	1,306	909.01	726.69	503.87	233.15	179.61
Long-Term Leases	1.95	2.81	4.47	6.33	6.09	9.08
Long-Term Unearned Revenue	23.48	23.59	17.98	17.98	17.98	17.98
Long-Term Deferred Tax Liabilities	1.05	1.22	1.59	6.83	6.68	8.07
Total Liabilities	1,333	936.62	750.73	535.01	263.91	214.73

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	1,091	777.42	553.97	394.89	393.98	391.55
Additional Paid-In Capital	760.5	953.22	1,019	1,073	1,046	1,004
Retained Earnings	4,408	3,749	2,398	1,727	1,195	948.41
Treasury Stock	-	-	-	-	-	-3.27
Comprehensive Income & Other	-10.67	26.3	8.4	-2.97	-9.23	-7.9
Total Common Equity	6,249	5,506	3,980	3,193	2,626	2,333
Minority Interest	6.61	6.69	6.43	170.69	11.2	3.24
Shareholders' Equity	6,255	5,513	3,986	3,363	2,637	2,336
Total Liabilities & Equity	7,588	6,449	4,737	3,898	2,901	2,551

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	3.65	4.47	46	7.95	9.17	12.9
Net Cash (Debt)	3,174	3,202	2,283	2,292	1,546	1,287
Net Cash Growth	29.29%	40.29%	-0.43%	48.30%	20.09%	224.37%
Net Cash Per Share	2.91	2.94	2.10	2.12	1.44	1.20
Filing Date Shares Outstanding	1,091	1,088	1,086	1,084	1,081	1,074
Total Common Shares Outstanding	1,091	1,088	1,086	1,084	1,081	1,074
Working Capital	4,402	3,939	2,798	2,541	1,936	1,659
Book Value Per Share	5.73	5.06	3.67	2.95	2.43	2.17
Tangible Book Value	6,103	5,387	3,868	3,114	2,546	2,250
Tangible Book Value Per Share	5.60	4.95	3.56	2.87	2.35	2.09
Buildings	738.63	710.42	425.84	374.39	352.22	327.02
Machinery	1,298	1,081	895.31	646	585.07	513.01
Construction In Progress	120.54	202.95	233.45	27.64	12.69	17.66