SHE:300652 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	109.26	336.77	282.63	350.42	340.44	307.86
Short-Term Investments	72.25	30.87	-	-	-	-
Trading Asset Securities	276.41	40.41	321.63	353.38	331.64	344.29
Cash & Short-Term Investments	457.92	408.05	604.27	703.8	672.08	652.16
Cash Growth	-10.03%	-32.47%	-14.14%	4.72%	3.06%	-3.79%
Accounts Receivable	292.18	331.67	182.24	151.83	132.69	136.39
Other Receivables	25.57	5.09	4.09	14.55	10.48	6.69
Receivables	317.75	336.76	186.33	166.38	143.17	143.08
Inventory	337.97	300.82	273.21	228.86	230.8	251.29
Other Current Assets	34	35.93	41.09	8.93	14.78	20.06
Total Current Assets	1,148	1,082	1,105	1,108	1,061	1,067
Property, Plant & Equipment	624.79	635.8	528.45	424.02	293.63	244.14
Long-Term Investments	278.13	268.9	91.62	58.1	35.05	35.07
Goodwill	45.21	45.21	-	-	-	-
Other Intangible Assets	59.35	59.19	53.84	55.01	56.48	57.95
Long-Term Deferred Tax Assets	15.04	15	9.73	6.29	3.64	4.32
Long-Term Deferred Charges	4.9	4.94	6.2	4.52	1.07	1.72
Other Long-Term Assets	40.35	27.71	43.16	21.41	66.21	35.77
Total Assets	2,215	2,138	1,838	1,677	1,517	1,446

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	292.6	355.52	369.15	306.18	218.95	225.27
Accrued Expenses	32.08	34.92	26.04	23.71	22.99	25.73
Short-Term Debt	196.13	110.14	10.01	-	-	-
Current Portion of Long-Term Debt	0	0	-	-	-	-
Current Portion of Leases	2.62	2.71	-	0.69	-	-
Current Income Taxes Payable	2.48	1.56	5.92	4.97	9.57	12.56
Current Unearned Revenue	23.83	12.67	12.98	7.41	11.12	11.08
Other Current Liabilities	14.29	8.21	2.88	6.94	7.09	3.74
Total Current Liabilities	564.02	525.72	426.99	349.89	269.72	278.37
Long-Term Debt	0.02	0.03	-	-	-	154.06
Long-Term Leases	5.15	6.47	-	0.18	-	-
Long-Term Unearned Revenue	16	6.74	0.47	0.68	1	1.24
Long-Term Deferred Tax Liabilities	0.89	0.92	0.94	1.39	0.03	0.7
Other Long-Term Liabilities	2.33	2.97	2.78	3.34	3.66	2.61
Total Liabilities	588.41	542.85	431.17	355.47	274.4	436.98

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	133.39	133.39	102.61	102.61	102.61	94.08
Additional Paid-In Capital	614.3	614.3	641.53	641.53	641.53	469.04
Retained Earnings	801.19	772.41	646.57	577.71	498.37	422.85
Comprehensive Income & Other	-0.01	-	-	-	-	22.6
Total Common Equity	1,549	1,520	1,391	1,322	1,243	1,009
Minority Interest	78.11	75.38	16	-	-	-
Shareholders' Equity	1,627	1,595	1,407	1,322	1,243	1,009
Total Liabilities & Equity	2,215	2,138	1,838	1,677	1,517	1,446

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	203.92	119.34	10.01	0.86	-	154.06
Net Cash (Debt)	254	288.71	594.26	702.94	672.08	498.1
Net Cash Growth	-40.77%	-51.42%	-15.46%	4.59%	34.93%	-6.20%
Net Cash Per Share	1.92	2.17	4.45	5.26	5.13	3.99
Filing Date Shares Outstanding	133.39	133.39	133.39	133.39	133.39	122.31
Total Common Shares Outstanding	133.39	133.39	133.39	133.39	133.39	122.31
Working Capital	583.61	555.84	677.91	758.08	791.11	788.21
Book Value Per Share	11.61	11.40	10.43	9.91	9.31	8.25
Tangible Book Value	1,444	1,416	1,337	1,267	1,186	950.62
Tangible Book Value Per Share	10.83	10.61	10.02	9.50	8.89	7.77
Buildings	251.05	250.45	249.38	185.73	125.1	124.76
Machinery	501.66	471.76	393.25	283.35	261.52	234.52
Construction In Progress	149.78	163.39	110.21	146.3	75.33	32.88