SHE:300546 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	554.14	615.22	480.91	359.49	351.33	370.82
Short-Term Investments	-	24.2	32.78	-	-	-
Trading Asset Securities	50	60.05	120	280	310	-
Cash & Short-Term Investments	604.14	699.47	633.68	639.49	661.33	370.82
Cash Growth	9.55%	10.38%	-0.91%	-3.30%	78.34%	-7.55%
Accounts Receivable	244.1	261.92	222.87	169.79	197.04	282.74
Other Receivables	12.24	10.94	15.21	12.44	18.08	11.24
Receivables	256.35	272.86	238.08	182.23	215.13	293.98
Inventory	196.12	141.08	179.32	167.2	191.12	151.62
Prepaid Expenses	-	1.64	1.97	1.8	1.8	1.43
Other Current Assets	79.47	30.64	22.09	23.56	39.73	37.68
Total Current Assets	1,136	1,146	1,075	1,014	1,109	855.53
Property, Plant & Equipment	175.05	159.1	127.12	140.97	161.67	137.41
Long-Term Investments	4.03	4.21	0.19	3.14	4.43	29.66
Other Intangible Assets	51.26	55.31	33.62	39.9	18.91	19.39
Long-Term Deferred Tax Assets	17.75	22.31	17.93	10.92	10.17	8.31
Long-Term Deferred Charges	4.14	3.26	4.67	2.47	2.94	0.34
Other Long-Term Assets	75.88	76.53	82.57	60.89	56.5	0.49
Total Assets	1,464	1,466	1,341	1,273	1,364	1,051

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	129.46	127.99	97.75	62.61	107.07	71.42
Accrued Expenses	12.96	64.88	50.11	39.33	37.49	25.34
Short-Term Debt	26.61	19.01	10	-	-	-
Current Portion of Leases	-	1.83	3.28	9.02	8.2	3.72
Current Income Taxes Payable	8.64	4.44	1.23	0.04	0	0.13
Current Unearned Revenue	111.67	65.9	39.84	55.08	57.21	30.05
Other Current Liabilities	28.08	27.76	30.15	30.23	36.85	51.57
Total Current Liabilities	321.54	311.81	232.36	196.31	246.82	182.23
Long-Term Leases	7.88	3.78	3.08	7.73	17.76	4.28
Long-Term Unearned Revenue	6.38	6.75	8.75	6.89	9.65	6.5
Long-Term Deferred Tax Liabilities	-	0.26	-	-	-	0.41
Total Liabilities	335.79	322.61	244.19	210.93	274.24	193.42

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	187.65	186.63	185.52	185.52	142.71	135.81
Additional Paid-In Capital	381.48	376.44	363.29	356.9	399.71	211.51
Retained Earnings	554.55	577.25	548.33	519.18	547.01	510.08
Comprehensive Income & Other	1.63	3.46	-0.15	0.04	0.05	0.06
Total Common Equity	1,125	1,144	1,097	1,062	1,089	857.47
Minority Interest	3.08	0.01	0.05	-	-	0.24
Shareholders' Equity	1,128	1,144	1,097	1,062	1,089	857.71
Total Liabilities & Equity	1,464	1,466	1,341	1,273	1,364	1,051

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	38.6	24.62	16.37	16.76	25.96	8
Net Cash (Debt)	565.54	674.85	617.32	622.73	635.36	362.82
Net Cash Growth	6.76%	9.32%	-0.87%	-1.99%	75.12%	-9.55%
Net Cash Per Share	3.17	3.62	3.39	3.44	3.45	2.05
Filing Date Shares Outstanding	173.61	186.63	185.52	185.52	185.52	176.56
Total Common Shares Outstanding	173.61	186.63	185.52	185.52	185.52	176.56
Working Capital	814.54	833.88	842.79	817.98	862.28	673.3
Book Value Per Share	6.48	6.13	5.91	5.72	5.87	4.86
Tangible Book Value	1,074	1,088	1,063	1,022	1,071	838.08
Tangible Book Value Per Share	6.19	5.83	5.73	5.51	5.77	4.75
Buildings	-	122.4	122.4	124.06	123.6	118.86
Machinery	-	77.82	72.55	65.32	63.04	46.43
Construction In Progress	-	31.75	-	-	2.12	2.12