SHE:300429 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	262.88	264.24	158.27	315.19	369.07	478.67
Short-Term Investments	-	10.93	193.73	85.87	-	-
Trading Asset Securities	70.58	72.47	60.76	135.2	301.46	629.6
Cash & Short-Term Investments	333.46	347.64	412.76	536.27	670.52	1,108
Cash Growth	-20.88%	-15.78%	-23.03%	-20.02%	-39.50%	-11.42%
Accounts Receivable	244.47	232.87	194.12	149.12	142.1	222.81
Other Receivables	5.19	4.28	4.43	12.1	7.52	4.9
Receivables	249.66	237.15	198.55	161.22	149.62	227.71
Inventory	473.64	473.65	416.93	401.36	408.01	363.04
Other Current Assets	34.13	32.5	43.98	49.53	35.02	52.32
Total Current Assets	1,091	1,091	1,072	1,148	1,263	1,751
Property, Plant & Equipment	1,728	1,776	1,900	1,914	1,603	1,175
Long-Term Investments	36.72	39	66.48	306.68	441.92	77.28
Goodwill	102.53	102.53	103.38	143.22	143.22	198.77
Other Intangible Assets	186.62	190.84	174.36	176	183.76	205.29
Long-Term Deferred Tax Assets	32.59	34.53	29.84	24.58	19.96	33.96
Long-Term Deferred Charges	56.62	54.99	43.4	30.34	11.4	16.89
Other Long-Term Assets	40.92	19.34	32.5	38.35	55.17	57.07
Total Assets	3,275	3,308	3,422	3,782	3,721	3,516

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	168.89	152.32	240.07	286.28	237.62	223.19
Accrued Expenses	20.35	39.76	36.8	36.32	41.43	48.93
Short-Term Debt	275.15	273.74	184.93	183.47	386.18	245.73
Current Portion of Long-Term Debt	538.65	691.52	178.88	152.18	13.52	0.94
Current Portion of Leases	-	0.49	0.43	0.86	1.53	1.81
Current Income Taxes Payable	7.82	5.24	2.38	3.46	2.73	7.88
Current Unearned Revenue	1.66	1.59	2	1.3	0.63	3.64
Other Current Liabilities	19.35	16.82	11.4	8.93	40.61	107.99
Total Current Liabilities	1,032	1,181	656.88	672.8	724.25	640.1
Long-Term Debt	143.01	196.49	748.94	1,077	923.56	661.23
Long-Term Leases	1.43	1.43	0.48	0.35	1.12	2.46
Long-Term Unearned Revenue	117.87	115.71	117.77	122.16	99.71	88.9
Long-Term Deferred Tax Liabilities	12.86	17.82	15.16	24.96	34.52	42.09
Total Liabilities	1,307	1,513	1,539	1,897	1,783	1,435

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	554.1	536.3	536.3	515.26	515.26	515.26
Additional Paid-In Capital	1,048	775.37	784.09	503.35	505.33	499.26
Retained Earnings	282.92	345.23	472.58	654.27	700.16	815.99
Treasury Stock	-	-	-50	-	-	-
Comprehensive Income & Other	81.52	137.17	139.19	202.1	200.96	196.93
Total Common Equity	1,966	1,794	1,882	1,875	1,922	2,027
Minority Interest	1.72	1.35	0.92	9.82	16.63	53.8
Shareholders' Equity	1,968	1,795	1,883	1,885	1,938	2,081
Total Liabilities & Equity	3,275	3,308	3,422	3,782	3,721	3,516

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	958.24	1,164	1,114	1,413	1,326	912.17
Net Cash (Debt)	-624.78	-816.03	-700.9	-877.1	-655.38	196.1
Net Cash Growth	-	-	-	-	-	-59.17%
Net Cash Per Share	-1.16	-1.52	-1.37	-1.70	-1.27	0.38
Filing Date Shares Outstanding	540.6	536.3	531.52	515.26	515.26	515.26
Total Common Shares Outstanding	540.6	536.3	531.52	515.26	515.26	515.26
Working Capital	59.01	-90.53	415.34	475.58	538.92	1,111
Book Value Per Share	3.64	3.35	3.54	3.64	3.73	3.93
Tangible Book Value	1,677	1,501	1,604	1,556	1,595	1,623
Tangible Book Value Per Share	3.10	2.80	3.02	3.02	3.09	3.15
Buildings	-	868.58	879.77	801.1	703.27	458.22
Machinery	-	1,426	1,270	1,058	663.88	629.9
Construction In Progress	-	263.81	390.72	562.25	656.13	448.09