SHE:300611 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	390.74	433.43	192.93	220.48	189.52	142.75
Trading Asset Securities	0.13	0.23	0.16	0.2	0.29	0.43
Cash & Short-Term Investments	390.87	433.66	193.09	220.68	189.81	143.18
Cash Growth	74.93%	124.59%	-12.50%	16.26%	32.57%	142.42%
Accounts Receivable	1,151	703.39	681.09	628.69	437.5	400.5
Other Receivables	19.07	66.13	7.67	3.64	3.25	8.26
Receivables	1,170	769.52	688.76	632.32	440.75	408.77
Inventory	753.56	354.26	286.55	283.09	260.31	219.39
Prepaid Expenses	-	-	-	-	0.22	7.96
Other Current Assets	204.19	25.68	32.17	14	37.55	34.77
Total Current Assets	2,518	1,583	1,201	1,150	928.64	814.06
Property, Plant & Equipment	1,402	832.78	756.47	820.67	870.56	801.51
Long-Term Investments	32.66	28.01	19.09	-	-	-
Goodwill	379.17	10.78	10.78	10.78	31.73	59.05
Other Intangible Assets	434.37	167.1	110.56	113.45	116.82	122.58
Long-Term Deferred Tax Assets	51.31	13.03	7.2	4.7	8.7	13.03
Long-Term Deferred Charges	48.08	4.36	3.6	4.4	3.07	0.84
Other Long-Term Assets	20.09	18.36	62.41	7.72	9.62	24.28
Total Assets	4,886	2,658	2,171	2,112	1,969	1,835

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	853.28	395.2	364.25	387.25	318.64	271.71
Accrued Expenses	96.65	59.35	47.94	39.48	36.53	28.12
Short-Term Debt	796.33	496.01	255.98	300.04	201.99	188.01
Current Portion of Long-Term Debt	114.23	168.33	55.97	56.61	28.88	8.01
Current Portion of Leases	-	1.61	1.86	2.08	1.31	0.54
Current Income Taxes Payable	179.3	3.28	3.73	0.76	1.7	0
Current Unearned Revenue	3.39	3.12	2.79	4.44	5.02	3.32
Other Current Liabilities	37.08	35.77	7.17	5.57	10.86	19.34
Total Current Liabilities	2,080	1,163	739.69	796.22	604.94	519.06
Long-Term Debt	1,204	107.18	230.76	205	261.62	388.51
Long-Term Leases	159.11	3.1	2.17	0.42	1.35	0.34
Long-Term Unearned Revenue	36.84	32.83	25.41	24.55	26.23	23.43
Long-Term Deferred Tax Liabilities	16.19	-	0.44	0.83	0.26	0.23
Total Liabilities	3,520	1,306	998.46	1,027	894.39	931.57

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	211.07	211.07	211.07	211.07	211.07	178.96
Additional Paid-In Capital	580.81	568.62	547.84	547.84	547.37	257.61
Retained Earnings	565.56	480.75	359.82	263.53	229.15	275.66
Treasury Stock	-49.98	-	-30.01	-30.01	-	-13.66
Comprehensive Income & Other	-16.63	6	-1.16	-	-	100.86
Total Common Equity	1,291	1,266	1,088	992.44	987.6	799.44
Minority Interest	74.82	85.33	84.65	92.35	87.15	104.33
Shareholders' Equity	1,366	1,352	1,172	1,085	1,075	903.77
Total Liabilities & Equity	4,886	2,658	2,171	2,112	1,969	1,835

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	2,273	776.23	546.74	564.14	495.15	585.41
Net Cash (Debt)	-1,883	-342.57	-353.65	-343.47	-305.34	-442.24
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-8.90	-1.62	-1.69	-1.60	-1.62	-2.60
Filing Date Shares Outstanding	207.03	211.07	208.1	208.1	211.07	177.46
Total Common Shares Outstanding	207.03	211.07	208.1	208.1	211.07	177.46
Working Capital	437.95	420.46	460.88	353.87	323.7	295
Book Value Per Share	6.24	6.00	5.23	4.77	4.68	4.50
Tangible Book Value	477.3	1,089	966.22	868.21	839.05	617.82
Tangible Book Value Per Share	2.31	5.16	4.64	4.17	3.98	3.48
Buildings	-	475.88	463.86	477.7	470.04	407.97
Machinery	-	1,481	1,397	1,343	1,233	1,148
Construction In Progress	-	88.71	9.55	20.74	81.85	81.6