SHE:300435 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	330.78	414.21	800.01	1,673	1,283	845.85
Trading Asset Securities	865.11	706.72	213.05	101.35	1.19	101.49
Cash & Short-Term Investments	1,196	1,121	1,013	1,774	1,285	947.34
Cash Growth	70.98%	10.65%	-42.91%	38.14%	35.59%	21.72%
Accounts Receivable	671.88	689.01	857.22	751.89	675.29	610.17
Other Receivables	6.14	-	-	-	19.2	10.66
Receivables	678.02	689.01	857.22	751.89	694.49	620.83
Inventory	378.17	384.6	371.99	289.52	279.69	285.32
Prepaid Expenses	-	0	0.08	1.83	-	-
Other Current Assets	159.51	170.06	243.14	271.64	268.25	175.14
Total Current Assets	2,412	2,365	2,485	3,089	2,527	2,029
Property, Plant & Equipment	1,263	1,311	1,344	1,385	1,198	973.45
Long-Term Investments	64.85	383.63	134.27	56.12	56.04	49.19
Goodwill	124.73	124.73	124.73	448.91	448.91	448.91
Other Intangible Assets	286.36	295.98	312.16	330.35	336.4	343.88
Long-Term Accounts Receivable	-	92.74	52.03	37.64	24.93	6.48
Long-Term Deferred Tax Assets	49.43	48.9	47.64	43.62	40.9	30.29
Long-Term Deferred Charges	10.3	11.87	8.81	13.79	11.71	2.89
Other Long-Term Assets	408.86	15.27	33.01	11.86	40.17	32.7
Total Assets	4,619	4,649	4,542	5,416	4,684	3,916

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	271.62	291.56	357.09	371.71	392.88	333.6
Accrued Expenses	31.51	60.98	62.34	59.33	49.35	33.7
Short-Term Debt	191.06	93.94	117.95	782.91	537.66	167.06
Current Portion of Long-Term Debt	0.61	-	-	200.2	20.13	120.07
Current Portion of Leases	-	1.36	1.77	-	0.32	0.31
Current Income Taxes Payable	29.34	40.33	22.8	22.91	29.02	28.14
Current Unearned Revenue	466.06	560.9	781.33	673.82	603.13	551.27
Other Current Liabilities	42.56	40.98	84.94	54.02	60.48	69.27
Total Current Liabilities	1,033	1,090	1,428	2,165	1,693	1,303
Long-Term Debt	-	-	-	-	100	20
Long-Term Leases	8.02	7.56	8.36	-	7.07	8.95
Long-Term Unearned Revenue	10.61	11.14	9.83	11.58	9.06	5.87
Long-Term Deferred Tax Liabilities	49.68	50.93	52.09	50.89	52.29	53
Total Liabilities	1,101	1,160	1,498	2,227	1,861	1,391

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	385.71	385.71	385.71	383.19	380.63	378.19
Additional Paid-In Capital	1,386	1,386	1,390	1,375	1,346	1,298
Retained Earnings	1,663	1,629	1,262	1,397	1,085	837.15
Treasury Stock	-	-	-69.35	-	-	-
Comprehensive Income & Other	21.39	22.85	9.36	12.46	8.22	8.14
Total Common Equity	3,456	3,423	2,978	3,167	2,819	2,522
Minority Interest	62.01	66.28	66.13	21.66	3.11	3.53
Shareholders' Equity	3,518	3,489	3,044	3,189	2,822	2,525
Total Liabilities & Equity	4,619	4,649	4,542	5,416	4,684	3,916

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	199.69	102.86	128.08	983.1	665.17	316.39
Net Cash (Debt)	996.2	1,018	884.98	791.32	619.36	630.95
Net Cash Growth	64.35%	15.04%	11.83%	27.77%	-1.84%	21.39%
Net Cash Per Share	2.59	2.64	2.27	2.06	1.63	1.67
Filing Date Shares Outstanding	380.78	385.71	380.34	383.19	380.63	378.19
Total Common Shares Outstanding	380.78	385.71	380.34	383.19	380.63	378.19
Working Capital	1,379	1,275	1,057	924.4	834	725.2
Book Value Per Share	9.07	8.87	7.83	8.27	7.41	6.67
Tangible Book Value	3,044	3,002	2,541	2,388	2,034	1,729
Tangible Book Value Per Share	8.00	7.78	6.68	6.23	5.34	4.57
Buildings	-	499.42	499.9	458.6	160.96	160.15
Machinery	-	483.52	386.27	377.48	184.93	175.68
Construction In Progress	-	9.6	60.71	76.59	328.54	107.13