SHE:300430 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	90.67	258.98	362.71	229.29	201.53	261.44
Trading Asset Securities	-	-	1.08	30.7	26.94	-
Cash & Short-Term Investments	90.67	258.98	363.79	259.98	228.47	261.44
Cash Growth	-66.24%	-28.81%	39.93%	13.79%	-12.61%	3.51%
Accounts Receivable	549.27	533.8	838.47	926.97	603.3	519.82
Other Receivables	22.17	10.13	5.47	6.38	10	1.97
Receivables	571.45	543.93	843.94	933.34	613.3	521.79
Inventory	661.01	596.39	556.23	553.39	679.27	628.94
Prepaid Expenses	-	24.48	1.88	0.4	1.02	1.3
Other Current Assets	182.69	96.47	82.15	62.15	77.1	99.67
Total Current Assets	1,506	1,520	1,848	1,809	1,599	1,513
Property, Plant & Equipment	785.72	792.78	808.69	632.67	494.57	556.91
Long-Term Investments	0.6	0.6	0.44	36.84	48.96	49.82
Goodwill	299.65	299.65	519.77	519.77	519.77	520.25
Other Intangible Assets	50.47	52.2	54.38	57.31	61.39	62.14
Long-Term Deferred Tax Assets	9.41	10.25	50.01	44.91	34.3	27.71
Long-Term Deferred Charges	120.56	85.5	48.17	33.58	32.4	4.8
Other Long-Term Assets	348.69	399.67	248.39	268.82	344.38	143.26
Total Assets	3,121	3,161	3,578	3,403	3,135	2,878

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	661.45	705.44	573.72	480.1	498.67	436.73
Accrued Expenses	24.09	37.8	76.88	78.49	50.8	32.47
Short-Term Debt	564.58	519.67	423.14	371.09	278.71	195.39
Current Portion of Long-Term Debt	27.22	35.89	34.89	10.89	22	23.9
Current Portion of Leases	-	1.09	0.14	2.14	3.15	4.04
Current Income Taxes Payable	7.79	6.42	8.03	17.68	17.2	9.49
Current Unearned Revenue	384.6	322.07	44.06	26.66	83.72	131.63
Other Current Liabilities	65.73	105.07	21.82	37.67	40.06	46.22
Total Current Liabilities	1,735	1,733	1,183	1,025	994.31	879.86
Long-Term Debt	102.65	110.99	151.88	198.51	129.5	116.5
Long-Term Leases	0.88	1.52	0.2	3.4	6.46	7.38
Long-Term Unearned Revenue	7.86	7.99	8.26	8.52	8.79	9.15
Long-Term Deferred Tax Liabilities	0.42	0.62	0.49	3.35	2.26	0.68
Total Liabilities	1,847	1,855	1,344	1,239	1,141	1,014

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	273.05	273.05	273.05	273.05	273.18	272.91
Additional Paid-In Capital	914.21	914.21	914.21	912.11	907.94	898.62
Retained Earnings	126.3	155.37	1,047	970.96	806.1	687.75
Treasury Stock	-	-	-	-7.03	-13.4	-16.34
Comprehensive Income & Other	-2.02	-2.11	-2.22	-1.98	-0.08	-0.71
Total Common Equity	1,312	1,341	2,232	2,147	1,974	1,842
Minority Interest	-37.88	-34.2	2.25	17.57	19.88	22.22
Shareholders' Equity	1,274	1,306	2,234	2,165	1,994	1,864
Total Liabilities & Equity	3,121	3,161	3,578	3,403	3,135	2,878

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	695.32	669.16	610.24	586.03	439.82	347.2
Net Cash (Debt)	-604.66	-410.18	-246.45	-326.05	-211.36	-85.76
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.20	-1.50	-0.92	-1.21	-0.78	-0.32
Filing Date Shares Outstanding	272.85	273.05	273.05	264.76	278.86	257.14
Total Common Shares Outstanding	272.85	273.05	273.05	264.76	278.86	257.14
Working Capital	-229.62	-213.2	665.31	784.56	604.85	633.28
Book Value Per Share	4.81	4.91	8.17	8.11	7.08	7.16
Tangible Book Value	961.42	988.68	1,658	1,570	1,393	1,260
Tangible Book Value Per Share	3.52	3.62	6.07	5.93	4.99	4.90
Buildings	-	729.13	693.3	356.33	281.53	185.1
Machinery	-	190.07	192.45	112.83	110.12	88.11
Construction In Progress	-	22.81	51.05	262.06	180.06	346.5