SHE:300512 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	278.57	285.2	317.42	242.35	266.08	192.34
Trading Asset Securities	29.64	97.69	10.03	234.95	10	130.62
Cash & Short-Term Investments	308.21	382.88	327.45	477.3	276.08	322.96
Cash Growth	17.60%	16.93%	-31.39%	72.89%	-14.52%	-36.52%
Accounts Receivable	527.02	492.04	468.43	528.02	484.12	431.56
Other Receivables	9.88	13.21	11.86	10.58	9.34	9.93
Receivables	536.9	505.24	480.3	538.59	493.46	441.5
Inventory	1,263	1,156	1,060	1,025	1,063	819.66
Other Current Assets	70.88	52.41	66.29	52.04	39.79	50.47
Total Current Assets	2,179	2,096	1,934	2,093	1,873	1,635
Property, Plant & Equipment	409.52	412.42	405.81	413.44	422.56	422.42
Long-Term Investments	65.02	65.39	69.87	70.94	56.25	42.74
Goodwill	44.23	44.23	43.71	44.7	45.81	47.65
Other Intangible Assets	62.57	65.08	69.78	73.95	77.43	68.78
Long-Term Accounts Receivable	-	-	1.13	4.58	6.2	-
Long-Term Deferred Tax Assets	33.19	32.12	29.98	27.46	21.08	16.34
Long-Term Deferred Charges	19.25	15.44	11.9	10.66	5.43	15.38
Other Long-Term Assets	13.93	3.91	1.14	1.61	4.89	12.16
Total Assets	2,827	2,735	2,568	2,740	2,512	2,260

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	341.53	322.48	287.89	283.45	286.04	269.16
Accrued Expenses	33.53	58.68	57.43	63.67	58.48	71.94
Short-Term Debt	70.05	90.04	230.19	270.42	46.4	-
Current Portion of Long-Term Debt	4.67	0.53	4.89	70.33	-	-
Current Portion of Leases	-	3.79	4.72	5	1.88	3.29
Current Income Taxes Payable	5.75	0.89	0.17	0.06	2.23	3.81
Current Unearned Revenue	591.79	522.89	277.6	334.35	364.49	294.54
Other Current Liabilities	83.87	72.75	49.18	57.87	48.33	41.68
Total Current Liabilities	1,131	1,072	912.08	1,085	807.86	684.42
Long-Term Debt	1.25	1.32	39.12	2.27	73.15	-
Long-Term Leases	21.09	17.2	6.8	8.52	3.45	4.85
Long-Term Unearned Revenue	4.26	4.92	6.39	7.86	9.33	11.03
Long-Term Deferred Tax Liabilities	0.07	0.08	0.13	0.22	0.01	-
Other Long-Term Liabilities	25.62	26.77	-	10.78	20.33	22.88
Total Liabilities	1,183	1,122	964.53	1,115	914.13	723.18

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	409.24	409.24	407.64	410.96	410.98	273.54
Additional Paid-In Capital	446.1	440.72	451.8	460.72	466.4	593.89
Retained Earnings	802.87	776.07	773.46	791.8	762.92	675.52
Treasury Stock	-25.62	-25.62	-40	-50.78	-60.33	-28.63
Comprehensive Income & Other	9.97	9.5	9.71	10.44	10.85	15.59
Total Common Equity	1,643	1,610	1,603	1,623	1,591	1,530
Minority Interest	0.98	2.6	0.65	2.32	7.37	6.96
Shareholders' Equity	1,644	1,613	1,603	1,625	1,598	1,537
Total Liabilities & Equity	2,827	2,735	2,568	2,740	2,512	2,260

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	97.06	112.88	285.73	356.53	124.88	8.15
Net Cash (Debt)	211.15	270	41.72	120.76	151.2	314.81
Net Cash Growth	153.55%	547.20%	-65.45%	-20.13%	-51.97%	-38.12%
Net Cash Per Share	0.51	0.66	0.11	0.29	0.37	0.76
Filing Date Shares Outstanding	408.98	422.34	403.21	406.53	406.55	409.38
Total Common Shares Outstanding	408.98	422.34	403.21	406.53	406.55	409.38
Working Capital	1,048	1,024	1,022	1,008	1,065	950.16
Book Value Per Share	4.02	3.81	3.97	3.99	3.91	3.74
Tangible Book Value	1,536	1,501	1,489	1,504	1,468	1,413
Tangible Book Value Per Share	3.76	3.55	3.69	3.70	3.61	3.45
Buildings	-	379.04	377.93	321.26	-	307.15
Machinery	-	349.31	315.39	301.29	595.52	263.63
Construction In Progress	-	18.27	17.77	62.88	71.31	57.8