SHE:300600 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	143.9	430.2	230.03	201.56	146.66	108.41
Short-Term Investments	-	50.42	19.26	-	-	-
Cash & Short-Term Investments	354.14	480.62	249.28	201.56	146.66	108.41
Cash Growth	-24.60%	92.80%	23.68%	37.44%	35.28%	-47.16%
Accounts Receivable	379.28	382.05	370.86	350.26	424.86	462.1
Other Receivables	2.72	0.19	0.19	0.09	-0.32	0.03
Receivables	381.99	382.23	371.04	350.35	424.54	462.14
Inventory	130.49	78.94	131.71	153.89	184.68	190.46
Prepaid Expenses	-	-	-	-	-	1.31
Other Current Assets	108.87	56.22	60.25	60.32	32.18	39.1
Total Current Assets	975.49	998.02	812.29	766.12	788.06	801.41
Property, Plant & Equipment	256.2	266.08	273.31	254.42	277.39	335.29
Long-Term Investments	3.29	2.67	1.16	0.21	0.8	1.32
Goodwill	0.93	0.93	0.93	0.93	0.93	0.93
Other Intangible Assets	43.42	43.28	44.94	46.67	48.1	49.75
Long-Term Deferred Tax Assets	77.55	76.63	65.14	57.33	57.73	54.84
Long-Term Deferred Charges	0.27	0.64	1.07	0.05	0.24	0.33
Other Long-Term Assets	57.02	56.38	30.58	33.57	43.21	35.57
Total Assets	1,414	1,445	1,229	1,159	1,216	1,279

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	154.45	143.68	85.26	62.73	101.19	132.6
Accrued Expenses	1.16	67.9	71.72	65.13	8.35	12.28
Short-Term Debt	-	-	24.19	68.67	169.44	175
Current Portion of Leases	-	1.68	1.84	-	-	-
Current Income Taxes Payable	6.74	4.52	4.27	5.37	6.6	3.81
Current Unearned Revenue	2.45	4.5	14.66	10.98	52.17	47.61
Other Current Liabilities	56.11	7.17	11.02	2.32	7.85	36.28
Total Current Liabilities	221.83	229.45	212.97	215.2	345.6	407.58
Long-Term Leases	1.67	2.78	4.25	-	-	-
Long-Term Unearned Revenue	-	-	0.23	0.5	0.77	1.04
Long-Term Deferred Tax Liabilities	0	0	0	0	0	0.01
Other Long-Term Liabilities	7.75	7.75	7.76	-	-	-
Total Liabilities	231.25	239.99	225.21	215.7	346.36	408.63

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	294.23	294.23	294.23	294.23	294.23	294.23
Additional Paid-In Capital	779.07	779.07	522.55	422.55	317.55	318.2
Retained Earnings	109.44	131.03	186.05	224.12	253.29	253.76
Comprehensive Income & Other	-	-0.25	-	-	-	-
Total Common Equity	1,183	1,204	1,003	940.91	865.08	866.19
Minority Interest	0.17	0.56	1.38	2.68	5.02	4.63
Shareholders' Equity	1,183	1,205	1,004	943.59	870.1	870.82
Total Liabilities & Equity	1,414	1,445	1,229	1,159	1,216	1,279

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	2.58	4.47	30.28	68.67	169.44	175
Net Cash (Debt)	351.55	476.15	219.01	132.89	-22.79	-66.59
Net Cash Growth	-20.89%	117.42%	64.80%	-	-	-
Net Cash Per Share	1.25	1.64	0.75	0.46	-0.08	-0.22
Filing Date Shares Outstanding	295.19	294.23	294.23	294.23	294.23	294.23
Total Common Shares Outstanding	295.19	294.23	294.23	294.23	294.23	294.23
Working Capital	753.67	768.56	599.32	550.91	442.46	393.83
Book Value Per Share	4.01	4.09	3.41	3.20	2.94	2.94
Tangible Book Value	1,138	1,160	956.96	893.31	816.05	815.51
Tangible Book Value Per Share	3.86	3.94	3.25	3.04	2.77	2.77
Buildings	-	330.97	304.15	-	307.14	322.88
Machinery	-	116.7	118.32	-	95.46	97.09
Construction In Progress	-	15.72	30.27	0.57	2.71	28.78