SHE:300647 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	205.98	163.33	185.5	309.15	449.83	196.6
Trading Asset Securities	-	-	-	0.03	-	250.47
Cash & Short-Term Investments	205.98	163.33	185.5	309.18	449.83	447.07
Cash Growth	101.37%	-11.95%	-40.00%	-31.27%	0.62%	387.01%
Accounts Receivable	209.61	206.35	285.05	413.85	498.65	451.68
Other Receivables	20.5	17.69	23.41	12.49	7.92	8.54
Receivables	230.11	224.04	308.46	426.33	506.56	460.41
Inventory	280.53	225.83	179.79	285.46	416.56	258.31
Prepaid Expenses	-	3.48	1.34	1.3	5.08	0.23
Other Current Assets	143.42	136.34	132.77	101.53	91.06	75.62
Total Current Assets	860.05	753.02	807.87	1,124	1,469	1,242
Property, Plant & Equipment	968.24	986.63	951.62	910.24	536.22	467.81
Long-Term Investments	5.47	5.37	0.37	-	10.83	10.55
Goodwill	-	-	-	6.59	41.57	41.57
Other Intangible Assets	60.03	59.72	64.04	99.2	113.75	118.74
Long-Term Accounts Receivable	-	28.86	34.67	42.65	57.48	33.76
Long-Term Deferred Tax Assets	97.3	101.76	69.32	84.56	65.63	57.42
Long-Term Deferred Charges	61.25	57.5	44.27	37.82	42.53	63.77
Other Long-Term Assets	118.16	67.93	63.51	57.74	71.04	53.33
Total Assets	2,170	2,061	2,036	2,363	2,408	2,089
Accounts Payable	286.22	326.97	244.53	268.9	227.94	197.31
Accrued Expenses	10.91	23.03	17.05	16.72	41.97	29.12
Short-Term Debt	521.04	426.38	665.73	585.61	572.85	493.22
Current Portion of Long-Term Debt	114.33	65.34	77.6	128.32	0.09	61.74
Current Portion of Leases	-	12.29	26.15	39.7	33.48	27.64
Current Income Taxes Payable	7.85	1.24	2.46	1.08	4.86	4.57
Current Unearned Revenue	19.25	53.73	40.84	23.88	12.89	40.97
Other Current Liabilities	195.34	81.51	50.75	95.96	82.64	93.37
Total Current Liabilities	1,155	990.48	1,125	1,160	976.72	947.96
Long-Term Debt	394.38	417.68	194.16	147.47	70.15	-
Long-Term Leases	112.53	125.84	91.35	38.97	26.25	14.65
Long-Term Unearned Revenue	40.81	42.24	14.04	15.28	6.59	8.64
Long-Term Deferred Tax Liabilities	16.89	17.26	14.13	9.66	12.56	9.13
Other Long-Term Liabilities	0.54	32.53	-	-	-	-
Total Liabilities	1,720	1,626	1,439	1,372	1,092	980.37
Common Stock	457.32	457.32	457.32	457.32	457.32	430.62
Additional Paid-In Capital	761.67	762.06	762.06	773.06	761.99	591.42
Retained Earnings	-774.05	-791.38	-644.88	-226.82	14.16	-5.2
Comprehensive Income & Other	-5.61	-3.76	-6.6	-5.02	-3.48	-3.75
Total Common Equity	439.33	424.24	567.9	998.54	1,230	1,013
Minority Interest	11.05	10.52	28.96	-7.5	85.89	95.11
Shareholders' Equity	450.38	434.76	596.85	991.04	1,316	1,108
Total Liabilities & Equity	2,170	2,061	2,036	2,363	2,408	2,089
Total Debt	1,142	1,048	1,055	940.07	702.82	597.26
Net Cash (Debt)	-936.3	-884.19	-869.5	-630.89	-252.99	-150.19
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.98	-1.87	-1.89	-1.39	-0.52	-0.37
Filing Date Shares Outstanding	478.45	457.32	457.32	457.32	457.32	430.62
Total Common Shares Outstanding	478.45	457.32	457.32	457.32	457.32	430.62
Working Capital	-294.91	-237.46	-317.26	-36.38	492.38	293.68
Book Value Per Share	0.92	0.93	1.24	2.18	2.69	2.35
Tangible Book Value	379.3	364.53	503.86	892.76	1,075	852.78
Tangible Book Value Per Share	0.79	0.80	1.10	1.95	2.35	1.98
Buildings	-	494.43	278.48	287.38	290.26	221.87
Machinery	-	553.49	327.28	295.09	301.93	272.84
Construction In Progress	-	37.46	420.94	465.52	52.76	44.37