SHE:300588 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	191.45	244.58	241.07	282.55	321.13	272.79
Trading Asset Securities	-	-	-	-	-	110
Cash & Short-Term Investments	191.45	244.58	241.07	282.55	321.13	382.79
Cash Growth	34.79%	1.46%	-14.68%	-12.02%	-16.11%	338.34%
Accounts Receivable	146.74	158.21	226.58	269.59	383.74	416.15
Other Receivables	5.03	8.16	4.8	5.74	8.69	13.77
Receivables	151.78	166.37	231.38	275.33	392.43	429.92
Inventory	53.47	56.01	28.69	59.16	67.62	85.43
Prepaid Expenses	-	0.31	0.43	0.33	0.31	0.31
Other Current Assets	11.57	3	2.21	3.32	2.06	9.77
Total Current Assets	408.27	470.27	503.77	620.69	783.55	908.23
Property, Plant & Equipment	55.52	57.34	57.55	57.27	9.59	5.91
Long-Term Investments	19.53	21.05	20.13	16.2	12.47	2.2
Goodwill	77.22	77.22	-	-	-	-
Other Intangible Assets	0.66	0.73	1.62	4.57	10.69	11.11
Long-Term Accounts Receivable	-	3.69	8.94	10.35	23.12	37.15
Long-Term Deferred Tax Assets	48.22	42.04	46.41	42.99	37.53	23.44
Long-Term Deferred Charges	0.13	0.15	0.29	0.25	-	3.92
Other Long-Term Assets	5.04	3.21	8.53	3.68	2.12	3.36
Total Assets	614.58	675.7	647.25	756	879.07	995.32

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	181.07	199.94	228.93	244.17	299.38	288.53
Accrued Expenses	9.52	16.82	32.35	31.33	45.09	51.39
Short-Term Debt	-	-	-	-	10.01	70.09
Current Portion of Long-Term Debt	18.1	14.69	-	-	-	1.01
Current Portion of Leases	-	2.08	1.47	2.29	2.54	1.04
Current Income Taxes Payable	4.64	1.14	0.99	1.41	0.15	1.15
Current Unearned Revenue	58.4	56.38	31.05	53.45	66.8	56.3
Other Current Liabilities	8.19	7.66	12.35	13.6	13.2	14.58
Total Current Liabilities	279.93	298.7	307.15	346.25	437.19	484.09
Long-Term Debt	35.75	43.88	-	-	-	9
Long-Term Leases	1.31	1.33	0.29	1.32	1.24	0.22
Long-Term Unearned Revenue	19.51	14.96	11.47	13.5	7.21	6.16
Long-Term Deferred Tax Liabilities	0.03	0.04	-	-	-	-
Other Long-Term Liabilities	8.28	8.14	8.31	10.49	13.34	13.17
Total Liabilities	344.82	367.05	327.22	371.56	458.98	512.64

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	191.47	191.47	191.47	191.47	192.37	193.48
Additional Paid-In Capital	307.22	307.22	307.69	307.06	310.1	316.41
Retained Earnings	-255.33	-219.41	-180.86	-120.31	-80.15	-19.28
Treasury Stock	-12.57	-12.57	-8.41	-	-4.4	-9.84
Comprehensive Income & Other	9.54	11.07	10.14	6.21	2.18	1.91
Total Common Equity	240.32	277.77	320.03	384.44	420.09	482.68
Minority Interest	29.45	30.89	-	-	-	-
Shareholders' Equity	269.77	308.65	320.03	384.44	420.09	482.68
Total Liabilities & Equity	614.58	675.7	647.25	756	879.07	995.32

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	55.17	61.97	1.77	3.61	13.79	81.36
Net Cash (Debt)	136.28	182.61	239.3	278.94	307.34	301.43
Net Cash Growth	90.05%	-23.69%	-14.21%	-9.24%	1.96%	-
Net Cash Per Share	0.72	0.96	1.26	1.45	1.60	1.80
Filing Date Shares Outstanding	190.08	190.04	190.04	191.47	192.37	193.48
Total Common Shares Outstanding	190.08	190.04	190.37	191.47	192.37	193.48
Working Capital	128.33	171.56	196.62	274.44	346.36	424.14
Book Value Per Share	1.26	1.46	1.68	2.01	2.18	2.49
Tangible Book Value	162.44	199.81	318.41	379.87	409.41	471.57
Tangible Book Value Per Share	0.85	1.05	1.67	1.98	2.13	2.44
Buildings	-	57.78	57.78	50.65	4.23	2.04
Machinery	-	24.57	17.86	17.53	18.11	17.75
Construction In Progress	-	-	-	3.5	0.12	-