SHE:300670 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	111.35	61.51	152.88	82.72	51.43	91.46
Trading Asset Securities	-	-	-	0	29.5	79.02
Cash & Short-Term Investments	111.35	61.51	152.88	82.72	80.93	170.48
Cash Growth	113.54%	-59.77%	84.82%	2.21%	-52.53%	-52.15%
Accounts Receivable	128.62	173.91	222.22	266.45	288.71	336.7
Other Receivables	10.55	14.36	64.08	58.71	37.62	10.49
Receivables	139.18	188.27	286.3	325.16	326.33	347.2
Inventory	14.97	15.32	38.66	56.25	57.36	45.22
Prepaid Expenses	-	0	0.11	0.09	0.01	1.6
Other Current Assets	34.25	34.55	38.89	43.73	21.83	6.24
Total Current Assets	299.74	299.66	516.84	507.96	486.46	570.74
Property, Plant & Equipment	1,055	1,099	1,243	1,303	1,275	287.14
Long-Term Investments	40.79	61.97	130.5	200.24	175.9	59.45
Goodwill	-	-	-	-	45.39	154.76
Other Intangible Assets	31.71	32.15	33.24	42.36	45.18	50.63
Long-Term Deferred Tax Assets	136.15	140.3	105.69	67.9	44.77	7.11
Long-Term Deferred Charges	6.17	6.63	7.56	2.74	1.92	1.38
Other Long-Term Assets	-	-	-	26.38	34.37	137.74
Total Assets	1,569	1,639	2,037	2,150	2,109	1,269

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	271.77	297.14	320.67	323.68	281.64	162.43
Accrued Expenses	3.7	6.01	10.26	10.49	21.53	12.38
Short-Term Debt	320.58	270.44	360.32	375.13	215.16	20.03
Current Portion of Long-Term Debt	66.9	127.22	94.8	63.5	52.85	-
Current Portion of Leases	-	0.51	-	-	0.23	0.21
Current Income Taxes Payable	3.33	0.01	0	-	0.25	7.29
Current Unearned Revenue	1.03	1.49	6.3	8.12	3.67	1.69
Other Current Liabilities	18.21	15.14	53.84	140.46	94.1	0.99
Total Current Liabilities	685.53	717.95	846.2	921.37	669.44	205.02
Long-Term Debt	439.42	468.81	533.73	163.75	131.61	-
Long-Term Leases	0.53	0.79	-	-	-	-
Long-Term Unearned Revenue	3.09	3.49	4.42	5.22	6.33	4.34
Long-Term Deferred Tax Liabilities	-	-	-	6.61	12.55	5.38
Other Long-Term Liabilities	-	15.53	11.75	322.61	411.44	-
Total Liabilities	1,129	1,207	1,396	1,420	1,231	214.73

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	316.92	316.92	316.92	316.92	316.92	316.92
Additional Paid-In Capital	323.02	322.59	322.59	331.09	331.09	332.98
Retained Earnings	-199.69	-206.74	1.55	-6.39	138.18	308.33
Comprehensive Income & Other	0.23	0.04	-0.01	-	-	-
Total Common Equity	440.49	432.81	641.05	641.63	786.2	958.24
Minority Interest	-	-	-	89.12	91.53	95.98
Shareholders' Equity	440.49	432.81	641.05	730.74	877.73	1,054
Total Liabilities & Equity	1,569	1,639	2,037	2,150	2,109	1,269

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	827.44	867.76	988.84	602.38	399.84	20.24
Net Cash (Debt)	-716.1	-806.25	-835.96	-519.65	-318.91	150.24
Net Cash Growth	-	-	-	-	-	-48.59%
Net Cash Per Share	-2.26	-2.54	-2.63	-1.64	-1.01	0.47
Filing Date Shares Outstanding	315.89	316.92	316.92	316.92	316.92	316.92
Total Common Shares Outstanding	315.89	316.92	316.92	316.92	316.92	316.92
Working Capital	-385.79	-418.29	-329.36	-413.41	-182.98	365.72
Book Value Per Share	1.39	1.37	2.02	2.02	2.48	3.02
Tangible Book Value	408.78	400.67	607.81	599.27	695.62	752.85
Tangible Book Value Per Share	1.29	1.26	1.92	1.89	2.19	2.38
Buildings	-	186.82	187.25	215.22	213.9	240.54
Machinery	-	1,048	1,120	1,122	55.66	58.08
Construction In Progress	-	83.56	83.02	51.41	228.52	26.43