SHE:300481 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	744.11	1,071	1,013	647.33	289.24	243.85
Short-Term Investments	-	42.83	116.33	393.81	824.86	425.59
Trading Asset Securities	-	-	-	181.02	131.25	229.8
Cash & Short-Term Investments	744.11	1,114	1,129	1,222	1,245	899.24
Cash Growth	-30.52%	-1.35%	-7.63%	-1.86%	38.49%	290.75%
Accounts Receivable	442.05	414.2	428.04	430.01	510.22	419.51
Other Receivables	16.91	10.54	7.47	8.33	2.71	2.23
Receivables	458.96	424.74	435.51	438.34	512.93	421.74
Inventory	201.19	192.14	149.62	175.56	221.54	134.93
Prepaid Expenses	-	1.7	0.5	-	-	-
Other Current Assets	96.37	69.12	64.64	56.97	38.04	38.78
Total Current Assets	1,501	1,801	1,779	1,893	2,018	1,495
Property, Plant & Equipment	847.56	817.75	843.96	733.2	559.9	435.57
Long-Term Investments	132.9	130.24	-	-	-	-
Goodwill	0.75	0.91	1.23	1.55	1.91	2.28
Other Intangible Assets	159.25	162.04	167.92	172.86	178.55	148.28
Long-Term Deferred Tax Assets	11.92	12.54	7.7	7.82	6.53	5.75
Long-Term Deferred Charges	2.42	2.22	2.16	2.56	3.15	4.8
Other Long-Term Assets	32.99	18.42	11.02	10.69	36.66	23.85
Total Assets	2,688	2,945	2,813	2,822	2,805	2,115

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	207.03	388.48	144.63	84.47	105.49	29.02
Accrued Expenses	8.22	23.93	22.27	20.87	27.85	19.37
Short-Term Debt	-	50.03	100.07	70.06	150.14	-
Current Portion of Long-Term Debt	-	3.01	101.07	4.12	4.09	-
Current Portion of Leases	-	-	-	0.45	0.01	0.43
Current Income Taxes Payable	8.22	1.11	4.84	5.18	14.04	6.27
Current Unearned Revenue	5.53	5.97	6.38	6.65	13.26	10.67
Other Current Liabilities	1.88	1.98	1.87	10.47	21.51	30.19
Total Current Liabilities	230.87	474.53	381.13	202.27	336.39	95.96
Long-Term Debt	-	15	-	151	125	-
Long-Term Leases	1.05	1.03	-	-	0.01	-
Long-Term Unearned Revenue	16.5	17.98	9.89	12.67	14.05	14.28
Long-Term Deferred Tax Liabilities	12.52	13.24	10.53	9.89	9.27	10.23
Total Liabilities	260.93	521.78	401.55	375.84	484.72	120.47

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	291.86	291.86	295.7	296.36	296.38	296.19
Additional Paid-In Capital	937.93	938.16	986.09	993.54	994.57	981.5
Retained Earnings	1,195	1,192	1,177	1,161	1,044	740.34
Treasury Stock	-	-	-50.91	-8.11	-16.56	-23.5
Comprehensive Income & Other	2.22	2.06	4.03	3.67	1.55	0.41
Total Common Equity	2,428	2,424	2,412	2,446	2,320	1,995
Minority Interest	-	-	-0.37	-0.35	-0.31	-0.21
Shareholders' Equity	2,428	2,424	2,412	2,446	2,320	1,995
Total Liabilities & Equity	2,688	2,945	2,813	2,822	2,805	2,115

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	1.05	69.08	201.14	225.63	279.25	0.43
Net Cash (Debt)	743.06	1,045	927.74	996.53	966.09	898.8
Net Cash Growth	-15.83%	12.60%	-6.90%	3.15%	7.49%	290.56%
Net Cash Per Share	2.54	3.58	3.15	3.39	3.27	3.24
Filing Date Shares Outstanding	286.26	291.86	291.86	296.36	296.38	296.19
Total Common Shares Outstanding	286.26	291.86	291.86	296.36	296.38	296.19
Working Capital	1,270	1,327	1,398	1,691	1,681	1,399
Book Value Per Share	8.48	8.30	8.26	8.25	7.83	6.74
Tangible Book Value	2,267	2,261	2,243	2,272	2,140	1,844
Tangible Book Value Per Share	7.92	7.75	7.68	7.67	7.22	6.23
Buildings	-	385.8	374.44	203.96	201.48	185
Machinery	-	733.13	693.74	480.7	432.57	396.61
Construction In Progress	-	18.21	22.29	267.68	94.71	7.32