SHE:300474 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	2,863	3,544	4,268	1,083	846.9	1,160
Short-Term Investments	1,234	1,003	300.01	-	-	-
Trading Asset Securities	-	70.08	-	-	-	-
Cash & Short-Term Investments	4,098	4,618	4,568	1,083	846.9	1,160
Cash Growth	-6.40%	1.10%	321.76%	27.88%	-27.02%	-10.13%
Accounts Receivable	806.87	779.41	718.34	975.07	1,253	773.34
Other Receivables	186.13	166.48	145.58	130.57	32.7	25.64
Receivables	993	945.89	863.92	1,106	1,286	798.98
Inventory	557.67	500.67	647.19	637.14	596.29	454.04
Other Current Assets	60.12	15.36	23.44	74.58	60.41	44.81
Total Current Assets	5,708	6,080	6,102	2,900	2,790	2,458
Property, Plant & Equipment	561.5	581.93	559.33	564.74	521.15	452.59
Long-Term Investments	642.62	453.98	361.58	325.55	289.33	104.43
Goodwill	10.26	10.26	-	-	-	-
Other Intangible Assets	506	537.43	186.06	190.19	187.57	167.15
Long-Term Deferred Tax Assets	277.91	280.7	205.17	141.09	76.81	48.94
Long-Term Deferred Charges	12.2	13.81	38.46	32.12	36.02	34.06
Other Long-Term Assets	151.39	136.6	111.99	40.34	51.06	59.72
Total Assets	7,870	8,094	7,565	4,194	3,951	3,325

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	310.62	297.55	261.53	344.75	279.19	205.33
Accrued Expenses	50.01	129.12	60.64	54.22	51.86	66.28
Short-Term Debt	50.01	30.01	-	-	-	-
Current Portion of Long-Term Debt	15	15.4	46.02	151.95	2.1	-
Current Portion of Leases	6.73	6.6	4.01	4.3	2.66	1.69
Current Income Taxes Payable	0.26	2.82	4.18	0.7	0.79	6.78
Current Unearned Revenue	32.59	18.4	23.23	29.53	22.43	81.12
Other Current Liabilities	14.54	11.97	10.61	16.79	5.12	6.12
Total Current Liabilities	479.76	511.87	410.22	602.23	364.16	367.32
Long-Term Debt	273.75	281.25	-	46	197.8	-
Long-Term Leases	30.27	33.12	34.38	38.84	17.15	17.63
Long-Term Unearned Revenue	104.37	111.76	42.95	58.36	53.09	57.74
Long-Term Deferred Tax Liabilities	-	-	-	10.01	7.02	-
Other Long-Term Liabilities	8.32	7.47	6.93	25.24	17.93	17.65
Total Liabilities	896.47	945.47	494.49	780.68	657.16	460.33

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	522.62	522.62	522.62	457.57	454.57	301.24
Additional Paid-In Capital	5,380	5,374	5,369	1,557	1,445	1,425
Retained Earnings	851.73	959.67	1,156	1,376	1,371	1,139
Comprehensive Income & Other	21.83	21.83	22.85	23.67	23.67	-
Total Common Equity	6,777	6,878	7,070	3,414	3,294	2,865
Minority Interest	197.3	270.6	-	-	-	-
Shareholders' Equity	6,974	7,149	7,070	3,414	3,294	2,865
Total Liabilities & Equity	7,870	8,094	7,565	4,194	3,951	3,325

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	375.75	366.37	84.42	241.09	219.71	19.31
Net Cash (Debt)	3,722	4,251	4,483	841.9	627.19	1,141
Net Cash Growth	-14.27%	-5.17%	432.51%	34.23%	-45.04%	-4.20%
Net Cash Per Share	7.12	8.13	9.50	1.83	1.37	2.49
Filing Date Shares Outstanding	522.62	522.62	522.62	457.41	454.57	451.86
Total Common Shares Outstanding	522.62	522.62	522.62	457.41	454.57	451.86
Working Capital	5,229	5,568	5,692	2,298	2,425	2,091
Book Value Per Share	12.97	13.16	13.53	7.46	7.25	6.34
Tangible Book Value	6,260	6,331	6,884	3,224	3,107	2,698
Tangible Book Value Per Share	11.98	12.11	13.17	7.05	6.83	5.97
Buildings	390.83	390.83	390.83	390.83	247.34	186.12
Machinery	432.5	422.11	337.71	289.96	261.53	198.3
Construction In Progress	-	-	10.39	12.02	114.1	136.02