SHE:300585 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	148.46	136.67	80.71	83.76	87.91	170.23
Trading Asset Securities	1.01	0.01	0.28	1.96	6.9	0.74
Cash & Short-Term Investments	149.47	136.68	80.99	85.72	94.81	170.97
Cash Growth	66.10%	68.76%	-5.52%	-9.59%	-44.55%	391.01%
Accounts Receivable	191.55	241.85	237.94	250.79	234.14	213.95
Other Receivables	0.67	0.52	25.28	16.86	14.61	13.81
Receivables	192.23	242.37	263.21	267.65	248.75	227.76
Inventory	77.54	82.22	106.07	120	109.22	104.7
Prepaid Expenses	1.15	1.02	0.97	0.91	-	0.05
Other Current Assets	5.75	5.48	9.09	10.35	6.44	7.56
Total Current Assets	426.14	467.77	460.34	484.63	459.22	511.05
Property, Plant & Equipment	130.35	136.17	140.42	138.97	135.11	148.33
Long-Term Investments	167.26	169.26	171.52	172.86	172.03	105.44
Goodwill	51.55	51.55	51.55	51.55	51.55	51.55
Other Intangible Assets	21.31	23.69	28.43	33.32	17.27	17.98
Long-Term Deferred Tax Assets	31.7	28.83	25.7	22.37	15.34	11.47
Long-Term Deferred Charges	14.34	16.45	20.19	24.1	14.1	13.7
Other Long-Term Assets	5.22	2.06	1.37	26.52	55.55	65.89
Total Assets	847.86	895.78	899.51	954.32	920.17	925.4

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	126.59	149.64	144.79	148.26	124.97	120.83
Accrued Expenses	13.78	19.2	18.51	23.51	25.3	23.33
Short-Term Debt	-	-	-	21.02	19.92	35.04
Current Portion of Leases	0.87	1.61	1.71	0.98	0.59	-
Current Income Taxes Payable	0.16	0.53	0.34	0.26	0.34	2.58
Current Unearned Revenue	1.14	1.4	1.17	1.44	2.45	14.36
Other Current Liabilities	1.8	2.08	2.85	9.65	3.7	8.87
Total Current Liabilities	144.35	174.45	169.38	205.12	177.26	205.02
Long-Term Leases	1.96	2.43	0.79	1.53	-	-
Long-Term Unearned Revenue	1.42	2.25	2.62	5.07	3.9	6.39
Long-Term Deferred Tax Liabilities	3.99	4.23	4.7	5.53	5.66	5.62
Other Long-Term Liabilities	66.73	67.83	4.78	7.67	2.26	1.3
Total Liabilities	218.44	251.19	182.26	224.93	189.08	218.33

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	171.11	171.11	171.11	171.11	171.11	171.11
Additional Paid-In Capital	257.04	257.04	257.04	257.04	257.04	257.07
Retained Earnings	195.14	210.08	280.93	291.15	290.2	270.42
Comprehensive Income & Other	1.54	0.61	-1.16	0.66	0.48	0.13
Total Common Equity	624.84	638.85	707.92	719.96	718.83	698.73
Minority Interest	4.58	5.74	9.33	9.43	12.26	8.35
Shareholders' Equity	629.42	644.59	717.25	729.39	731.09	707.07
Total Liabilities & Equity	847.86	895.78	899.51	954.32	920.17	925.4

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	2.84	4.03	2.51	23.53	20.51	35.04
Net Cash (Debt)	146.64	132.64	78.48	62.19	74.3	135.93
Net Cash Growth	73.18%	69.01%	26.19%	-16.30%	-45.34%	-
Net Cash Per Share	0.86	0.78	0.46	0.36	0.43	0.83
Filing Date Shares Outstanding	171.11	171.11	171.11	171.11	171.11	171.11
Total Common Shares Outstanding	171.11	171.11	171.11	171.11	171.11	171.11
Working Capital	281.79	293.31	290.96	279.51	281.95	306.03
Book Value Per Share	3.65	3.73	4.14	4.21	4.20	4.08
Tangible Book Value	551.98	563.61	627.94	635.09	650	629.19
Tangible Book Value Per Share	3.23	3.29	3.67	3.71	3.80	3.68
Buildings	88.18	88.98	88.78	85.25	85.25	85.25
Machinery	261.05	259.54	226.04	231.1	223.02	210.4
Construction In Progress	14.06	12.65	36.49	22.92	8.74	10.37