SHE:300605 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	73.71	89.83	93.2	131.35	112.42	95.13
Trading Asset Securities	-	-	55.03	73.55	0.54	0.38
Cash & Short-Term Investments	73.71	89.83	148.24	204.91	112.96	95.51
Cash Growth	-32.90%	-39.40%	-27.66%	81.40%	18.27%	-14.06%
Accounts Receivable	714.73	770.2	717.61	716.46	618.92	496.39
Other Receivables	31.88	28.52	36.7	36.34	38.86	44.59
Receivables	746.61	798.71	754.31	752.81	657.78	540.98
Inventory	140.23	132.39	194.64	87.3	109.3	231.08
Prepaid Expenses	-	-	-	-	0.24	0.74
Other Current Assets	18.04	12.65	32.02	9.3	23.08	19.55
Total Current Assets	978.59	1,034	1,129	1,054	903.36	887.85
Property, Plant & Equipment	87.63	101.99	106.28	140.94	123.89	80.47
Long-Term Investments	2.79	2.47	2.36	2.39	8.37	8.29
Goodwill	0.94	0.94	0.94	0.94	0.94	0.94
Other Intangible Assets	95.01	108.11	68.59	16.86	12.36	6.7
Long-Term Accounts Receivable	-	13.77	29.16	73.68	44.79	65.74
Long-Term Deferred Tax Assets	38.49	38.79	36.14	21.66	21.86	24.55
Long-Term Deferred Charges	17.28	15.68	48.55	71.81	31.21	15.06
Other Long-Term Assets	42.12	31.31	30.42	1.6	7.92	-
Total Assets	1,263	1,347	1,452	1,384	1,155	1,090

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	209.13	231.54	324.54	279.16	273.32	201.76
Accrued Expenses	8.66	15.66	12.14	14.46	18.38	21.04
Short-Term Debt	220.48	212.16	237.19	185.61	203.17	127.19
Current Portion of Leases	-	0.88	1.04	1.44	0.51	0.77
Current Income Taxes Payable	0.75	0.02	0.08	0.18	0.91	0.04
Current Unearned Revenue	76.17	89.86	103.91	53.91	74.33	176.16
Other Current Liabilities	62.84	79.23	46.57	37.39	30.57	42.09
Total Current Liabilities	578.96	629.36	725.47	572.15	601.2	569.04
Long-Term Debt	243.2	236.61	234.57	223.59	-	-
Long-Term Leases	5.92	4.62	0.53	2.09	0.69	0.53
Long-Term Unearned Revenue	0.9	-	-	-	0.6	-
Long-Term Deferred Tax Liabilities	1.57	1.39	0.47	0.79	0.37	0.06
Other Long-Term Liabilities	1.57	3.28	1.16	-	-	-
Total Liabilities	832.12	875.27	962.2	798.62	602.86	569.62

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	165.14	165.14	164.49	164.48	164.46	164.56
Additional Paid-In Capital	174.51	174.43	165.27	165.08	164.9	165.44
Retained Earnings	72.55	110.81	135.77	229.16	218.86	187.78
Treasury Stock	-	-	-	-	-	-0.62
Comprehensive Income & Other	23.05	23.06	23.94	23.96	-	-
Total Common Equity	435.26	473.44	489.48	582.68	548.22	517.16
Minority Interest	-4.53	-2.06	-0.03	2.88	3.62	2.81
Shareholders' Equity	430.73	471.38	489.45	585.56	551.84	519.97
Total Liabilities & Equity	1,263	1,347	1,452	1,384	1,155	1,090

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	470.53	454.27	473.33	412.73	204.37	128.49
Net Cash (Debt)	-396.82	-364.44	-325.1	-207.82	-91.41	-32.97
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.38	-2.19	-1.98	-1.23	-0.56	-0.20
Filing Date Shares Outstanding	165.29	165.14	164.49	164.48	164.46	177.14
Total Common Shares Outstanding	165.29	165.14	164.49	164.48	164.46	177.14
Working Capital	399.63	404.21	403.73	482.16	302.16	318.81
Book Value Per Share	2.63	2.87	2.98	3.54	3.33	2.92
Tangible Book Value	339.31	364.39	419.95	564.87	534.92	509.52
Tangible Book Value Per Share	2.05	2.21	2.55	3.43	3.25	2.88
Buildings	-	58.8	58.1	89.55	89.55	85.74
Machinery	-	94.68	85.41	81.03	21.18	18.55
Construction In Progress	-	0.94	7.69	6.81	44.4	1.69