SHE:300715 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	949.22	549.7	680.57	1,787	1,620	1,532
Trading Asset Securities	35.7	56.4	-	-	-	-
Cash & Short-Term Investments	984.92	606.1	680.57	1,787	1,620	1,532
Cash Growth	102.90%	-10.94%	-61.91%	10.28%	5.79%	144.92%
Accounts Receivable	1,768	1,735	1,857	2,204	2,069	2,122
Other Receivables	115.28	116.87	129.94	163.25	263.11	279.69
Receivables	1,883	1,852	1,987	2,367	2,332	2,402
Inventory	461.93	331.54	112.23	133.11	142.88	228.69
Prepaid Expenses	-	38.1	38.02	40.29	31.65	45.85
Other Current Assets	148.49	97.36	69.73	115.91	112.06	120.3
Total Current Assets	3,478	2,925	2,887	4,443	4,239	4,328
Property, Plant & Equipment	1,201	1,249	1,344	1,494	1,367	979.51
Long-Term Investments	24.96	26.13	26.06	26.14	26.1	12.4
Goodwill	360.89	360.89	-	-	-	-
Other Intangible Assets	200.41	207.05	140.56	144.39	149.25	153.93
Long-Term Deferred Tax Assets	287.66	280.54	252.23	141.92	101.26	61.72
Long-Term Deferred Charges	5.02	5.84	3.93	4.63	0.21	0.32
Other Long-Term Assets	467.13	519.37	421.99	270.55	259.21	91.76
Total Assets	6,025	5,574	5,076	6,524	6,142	5,628

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	926.34	908.66	755.55	1,014	878.32	955.48
Accrued Expenses	16.58	92.7	129.16	129.54	129.03	188.91
Short-Term Debt	1,187	930.72	882.43	1,100	1,182	695.55
Current Portion of Long-Term Debt	139.99	106.14	219.44	318.09	180.77	81.61
Current Portion of Leases	-	5.52	3.24	3.19	5.57	4.24
Current Income Taxes Payable	59.42	6.32	3.08	7.3	3.37	18.97
Current Unearned Revenue	436.28	276.84	174.95	86.25	103.92	87.95
Other Current Liabilities	229.12	162.2	207.76	196.91	168.38	109.33
Total Current Liabilities	2,994	2,489	2,376	2,855	2,652	2,142
Long-Term Debt	1,001	1,013	861.3	1,179	1,063	604.2
Long-Term Leases	0.3	1.03	1.05	1.15	3.97	2.99
Long-Term Unearned Revenue	45.3	48.21	51.49	54.53	52.03	42.72
Long-Term Deferred Tax Liabilities	11.14	12.71	0.01	0.15	-	-
Other Long-Term Liabilities	85.8	0.22	0.22	0.98	3.87	18.76
Total Liabilities	4,138	3,564	3,290	4,091	3,775	2,811

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	378.06	378.06	378.06	384.91	384.91	389.92
Additional Paid-In Capital	1,915	1,955	1,887	1,980	1,942	1,953
Retained Earnings	-393.69	-404.75	-425.15	161.77	139.13	525.8
Treasury Stock	-94.95	-63.47	-63.47	-101.23	-101.23	-54.19
Total Common Equity	1,804	1,865	1,777	2,425	2,365	2,815
Minority Interest	83.1	145.05	9.77	8.22	2.39	2.33
Shareholders' Equity	1,887	2,010	1,786	2,433	2,367	2,817
Total Liabilities & Equity	6,025	5,574	5,076	6,524	6,142	5,628

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	2,328	2,057	1,967	2,601	2,436	1,389
Net Cash (Debt)	-1,343	-1,450	-1,287	-814.61	-815.39	143.03
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.95	-4.27	-3.46	-2.16	-2.15	0.40
Filing Date Shares Outstanding	375.23	370.27	370.27	378.06	378.06	389.92
Total Common Shares Outstanding	375.23	370.27	370.27	378.06	378.06	389.92
Working Capital	484.05	435.99	511.63	1,588	1,587	2,186
Book Value Per Share	4.81	5.04	4.80	6.41	6.26	7.22
Tangible Book Value	1,243	1,297	1,636	2,281	2,216	2,661
Tangible Book Value Per Share	3.31	3.50	4.42	6.03	5.86	6.82
Buildings	-	957.77	956.59	1,008	558.89	495.91
Machinery	-	804.9	781.46	756.42	663.55	473.98
Construction In Progress	-	0.84	4.24	22.25	343.74	138.54