SHE:300424 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	248.82	357.04	250.56	365.23	309.26	242.81
Trading Asset Securities	-	-	-	-	-	0
Cash & Short-Term Investments	248.82	357.04	250.56	365.23	309.26	242.81
Cash Growth	-14.19%	42.50%	-31.40%	18.10%	27.37%	-49.09%
Accounts Receivable	575.31	631.78	667.94	711.01	686.43	641.13
Other Receivables	39.38	31.43	6.78	12.85	10.02	7.77
Receivables	614.69	663.21	674.72	723.86	727.54	648.9
Inventory	655.12	568.68	488.53	483.08	395.34	412.85
Prepaid Expenses	-	0.55	0.02	0.02	1.23	1.65
Other Current Assets	68.31	47.74	77.21	80.39	102.58	34.18
Total Current Assets	1,587	1,637	1,491	1,653	1,536	1,340
Property, Plant & Equipment	559.69	475.63	520.33	506.4	460.15	467.76
Long-Term Investments	53.18	52.43	54.93	41.33	63.79	69.74
Goodwill	38.02	40.31	36.84	38.47	36.33	35.34
Other Intangible Assets	126	138.54	141.56	158.06	176.8	155.25
Long-Term Deferred Tax Assets	120.37	108.23	84.18	66.31	51.28	45.16
Long-Term Deferred Charges	19.22	16.65	7.81	19.77	10.88	44.8
Other Long-Term Assets	13.45	16.28	19.66	7.85	15.32	14.16
Total Assets	2,517	2,485	2,356	2,491	2,378	2,195

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	396.34	375.69	323.48	345.79	307.21	311.28
Accrued Expenses	93.31	186.56	168.04	146.85	145.99	107.8
Short-Term Debt	200.88	239.7	269.19	365	413.78	329.14
Current Portion of Long-Term Debt	322.46	426.18	130.73	76.67	75.77	31.62
Current Portion of Leases	-	15.09	18.68	7.7	34.95	8.22
Current Income Taxes Payable	92.2	6.04	3.69	3.01	2.36	1.8
Current Unearned Revenue	116.95	117.45	82.16	116.01	177.51	134.29
Other Current Liabilities	40.86	51.71	33.15	34.2	35.66	31.92
Total Current Liabilities	1,263	1,418	1,029	1,095	1,193	956.06
Long-Term Debt	198.65	189.43	425.58	456.4	296.19	384.46
Long-Term Leases	183.53	108.49	114.22	130.35	109.78	98.52
Long-Term Unearned Revenue	11.08	10	6.52	6.3	8.72	7.71
Long-Term Deferred Tax Liabilities	-	0	0.95	0.85	1.06	-
Other Long-Term Liabilities	73.64	-	2.98	2.98	2.98	3.07
Total Liabilities	1,730	1,726	1,579	1,692	1,612	1,450

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	249.12	245.43	245.43	239.9	239.89	239.89
Additional Paid-In Capital	352.09	290.13	300.47	213.88	213.86	214.98
Retained Earnings	117.82	134.7	179.8	277.59	255.95	231.79
Comprehensive Income & Other	22.63	46.01	26.59	49.81	45.31	46.99
Total Common Equity	741.66	716.28	752.29	781.17	755.01	733.65
Minority Interest	45.3	42.68	24.68	17.5	10.74	11.39
Shareholders' Equity	786.97	758.96	776.97	798.67	765.75	745.04
Total Liabilities & Equity	2,517	2,485	2,356	2,491	2,378	2,195

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	905.52	978.89	958.41	1,036	930.47	851.96
Net Cash (Debt)	-656.71	-621.85	-707.85	-670.88	-621.21	-609.15
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.68	-2.53	-2.94	-2.80	-2.59	-2.54
Filing Date Shares Outstanding	246.02	245.43	245.43	239.9	239.89	239.89
Total Common Shares Outstanding	246.02	245.43	245.43	239.9	239.89	239.89
Working Capital	323.94	218.8	461.92	557.37	342.72	384.32
Book Value Per Share	3.01	2.92	3.07	3.26	3.15	3.06
Tangible Book Value	577.65	537.43	573.89	584.64	541.88	543.06
Tangible Book Value Per Share	2.35	2.19	2.34	2.44	2.26	2.26
Buildings	-	227.15	225.46	224.71	205.81	205.81
Machinery	-	538.97	552.14	533	471.07	458.43
Construction In Progress	-	6.04	6.22	5.75	9.41	7.84