SHE:300434 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	345.7	307.32	417.29	545.9	440.31	235.43
Short-Term Investments	-	40.47	15.05	101.54	-	-
Trading Asset Securities	135.28	60.34	14.1	42.36	63.81	53.84
Cash & Short-Term Investments	480.97	408.14	446.44	689.79	504.12	289.27
Cash Growth	-1.00%	-8.58%	-35.28%	36.83%	74.27%	-40.24%
Accounts Receivable	229.63	383.18	367.37	375.99	484.87	362.27
Other Receivables	24.95	20.78	22.42	34.18	25.37	15.36
Receivables	254.58	403.96	389.79	410.17	510.24	377.63
Inventory	205.68	210.57	209.75	238.16	197.37	217.7
Prepaid Expenses	0.14	2.54	2.54	3.89	0.04	8.32
Other Current Assets	134.3	262.58	21.49	29.56	49.3	53.87
Total Current Assets	1,076	1,288	1,070	1,372	1,261	946.79
Property, Plant & Equipment	832.75	814.98	715.12	668.57	618.06	578.31
Long-Term Investments	354.64	243.76	350.64	102.13	120.74	134.84
Goodwill	109.25	109.25	109.25	109.25	176.76	176.76
Other Intangible Assets	179.36	185.38	205.36	225.82	244.01	262.71
Long-Term Deferred Tax Assets	18.63	17.33	14.58	14.83	9.73	10.51
Long-Term Deferred Charges	5.05	5.69	5.5	6.87	7.56	9.9
Other Long-Term Assets	554.94	561.03	584.39	602.38	621.99	648.31
Total Assets	3,130	3,225	3,055	3,101	3,060	2,768

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	134.19	144.6	117.08	116.55	97.3	87.64
Accrued Expenses	86.1	156.57	142.64	135.91	181.34	125.4
Short-Term Debt	106.02	68.01	50	110.62	10.01	-
Current Portion of Long-Term Debt	-	7.01	0.03	-	-	-
Current Portion of Leases	0.33	0.98	1.67	1.49	0.05	0.2
Current Income Taxes Payable	9.87	16	7.03	25.99	65.58	20.32
Current Unearned Revenue	62.99	129.91	87.72	127.14	199.89	132.32
Other Current Liabilities	35.25	67.11	85.68	83.45	123.42	154.45
Total Current Liabilities	434.75	590.2	491.84	601.17	677.58	520.34
Long-Term Debt	-	-	25	-	-	-
Long-Term Leases	1.38	-	1.16	2.71	0.26	0.78
Long-Term Unearned Revenue	5.09	5.35	4.73	4.71	3.38	3.05
Long-Term Deferred Tax Liabilities	53.07	55.44	62.13	68.52	75	81.39
Other Long-Term Liabilities	0.43	0.43	0.46	0.25	0.34	0.56
Total Liabilities	494.73	651.42	585.32	677.37	756.56	606.12

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	401.74	401.74	401.74	401.74	401.74	401.74
Additional Paid-In Capital	1,787	1,787	1,787	1,787	1,787	1,816
Retained Earnings	425.4	362.87	258.97	211.4	85.2	-133.59
Total Common Equity	2,614	2,552	2,448	2,400	2,274	2,084
Minority Interest	21.13	21.89	21.53	23.64	29.12	78.26
Shareholders' Equity	2,636	2,574	2,470	2,424	2,303	2,162
Total Liabilities & Equity	3,130	3,225	3,055	3,101	3,060	2,768

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	107.73	76	77.86	114.83	10.31	0.98
Net Cash (Debt)	373.24	332.14	368.59	574.97	493.8	288.29
Net Cash Growth	5.80%	-9.89%	-35.89%	16.44%	71.29%	-39.19%
Net Cash Per Share	0.94	0.83	0.92	1.41	1.22	0.74
Filing Date Shares Outstanding	401.74	401.74	401.74	401.74	401.74	401.74
Total Common Shares Outstanding	401.74	401.74	401.74	401.74	401.74	401.74
Working Capital	640.92	697.6	578.18	770.42	583.48	426.45
Book Value Per Share	6.51	6.35	6.09	5.98	5.66	5.19
Tangible Book Value	2,326	2,257	2,133	2,065	1,853	1,644
Tangible Book Value Per Share	5.79	5.62	5.31	5.14	4.61	4.09
Buildings	795.63	792.51	769.63	788	584.27	601.35
Machinery	369.2	369.31	359.58	331.15	63.61	284.32
Construction In Progress	236.93	197.02	70.59	0.41	136.96	79.8