SHE:300416 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	568.44	692.05	812.45	931.46	1,060	1,005
Cash & Short-Term Investments	568.44	692.05	812.45	931.46	1,060	1,005
Cash Growth	-8.50%	-14.82%	-12.78%	-12.10%	5.46%	99.19%
Accounts Receivable	1,694	1,602	1,437	1,277	954.54	686.4
Other Receivables	28.76	37.05	38.76	24.91	22.05	14.76
Receivables	1,723	1,639	1,476	1,302	976.59	701.16
Inventory	410.97	368.74	376.99	340.27	395.89	353.02
Prepaid Expenses	0.55	1.34	1.56	1.08	2.07	2.31
Other Current Assets	72.96	101.27	106.37	120.24	117.31	155.63
Total Current Assets	2,776	2,803	2,773	2,695	2,551	2,217
Property, Plant & Equipment	1,869	1,917	1,877	1,760	1,356	1,221
Long-Term Investments	24.64	25.74	25.45	19.71	29.32	18.71
Goodwill	58.98	58.98	61.01	61.01	61.01	61.01
Other Intangible Assets	129.45	104.37	109	114.68	123.17	127.66
Long-Term Deferred Tax Assets	64.37	60.53	58.46	50.59	46.8	36.37
Long-Term Deferred Charges	103.44	116.1	118.37	113.31	109.88	90.35
Other Long-Term Assets	79.65	14.55	10.86	35.67	1.41	-
Total Assets	5,105	5,100	5,033	4,850	4,279	3,772
Accounts Payable	404.92	548.16	447.56	418.13	372.73	275
Accrued Expenses	95.18	151.54	125.88	116	120.51	80.12
Short-Term Debt	890.11	706.1	632.27	527.43	427.43	547.02
Current Portion of Long-Term Debt	80.63	65.1	112.19	137.09	50.53	68.44
Current Portion of Leases	27.61	36.4	31.3	36.5	21.82	20.6
Current Income Taxes Payable	12	13.67	9.2	10.39	11.17	17.87
Current Unearned Revenue	110.23	127.29	144.37	169.66	257.67	272.05
Other Current Liabilities	30.47	49.9	40.63	32.91	76.4	21.45
Total Current Liabilities	1,651	1,698	1,543	1,448	1,338	1,303
Long-Term Debt	85.69	73.5	110.87	166.05	334.05	410.17
Long-Term Leases	244.08	262.85	230.68	238.18	180.83	195.5
Long-Term Unearned Revenue	5.95	6.38	3.37	3.88	4.68	5.56
Long-Term Deferred Tax Liabilities	29.6	32.11	32.79	26.99	15.41	6.02
Other Long-Term Liabilities	2.11	2.03	2.01	2.19	2.75	2.25
Total Liabilities	2,019	2,075	1,923	1,885	1,876	1,922
Common Stock	508.55	508.55	508.55	508.55	386.99	284.58
Additional Paid-In Capital	777.73	772.88	938.59	941.28	910.33	759.27
Retained Earnings	1,538	1,484	1,303	1,149	892.66	665.47
Treasury Stock	-	-	-110.91	-70.37	-	-52.16
Comprehensive Income & Other	-1.41	2	-0.04	0.17	11.37	56.54
Total Common Equity	2,822	2,768	2,639	2,528	2,201	1,714
Minority Interest	264.12	257.78	470.99	435.96	201.34	135.86
Shareholders' Equity	3,087	3,025	3,110	2,964	2,403	1,850
Total Liabilities & Equity	5,105	5,100	5,033	4,850	4,279	3,772
Total Debt	1,328	1,144	1,117	1,105	1,015	1,242
Net Cash (Debt)	-759.68	-451.9	-304.85	-173.81	44.96	-236.93
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.49	-0.89	-0.60	-0.34	0.09	-0.53
Filing Date Shares Outstanding	508.55	508.55	501.49	503.99	503.08	445.72
Total Common Shares Outstanding	508.55	508.55	501.49	504.76	503.08	445.72
Working Capital	1,124	1,105	1,230	1,247	1,213	914.38
Book Value Per Share	5.55	5.44	5.26	5.01	4.38	3.84
Tangible Book Value	2,634	2,604	2,469	2,353	2,017	1,525
Tangible Book Value Per Share	5.18	5.12	4.92	4.66	4.01	3.42
Buildings	482.35	482.35	473.78	473.78	381.86	305.12
Machinery	2,162	2,119	1,900	1,513	1,148	974.58
Construction In Progress	83.39	45.07	82.44	162.63	135.17	134.05