SHE:300732 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	606.56	523.26	691.96	763.61	873.42	1,020
Trading Asset Securities	-	-	-	18.1	34.95	85.23
Cash & Short-Term Investments	606.56	523.26	691.96	781.71	908.37	1,106
Cash Growth	-3.71%	-24.38%	-11.48%	-13.94%	-17.85%	-5.34%
Accounts Receivable	4,185	3,046	3,304	3,704	3,153	2,481
Other Receivables	150.4	148.34	68.41	50.33	149.23	124.21
Receivables	4,336	3,195	3,373	3,754	3,302	2,606
Inventory	-594.98	709.56	694.19	611.72	734.83	576.56
Prepaid Expenses	1.09	1.92	2.98	5.08	-	-
Other Current Assets	124.17	112.35	109.04	112.65	54.78	122.29
Total Current Assets	4,473	4,542	4,871	5,266	5,000	4,410
Property, Plant & Equipment	716.61	736.49	765.54	776.91	791.02	711.28
Long-Term Investments	115.13	115.39	137.1	114.3	111.04	100.22
Other Intangible Assets	200.07	204.74	211.14	115.06	120.44	121.4
Long-Term Accounts Receivable	20.44	20.01	16.24	5.74	-	-
Long-Term Deferred Tax Assets	253.45	241.81	212.98	162.73	133.53	112.37
Long-Term Deferred Charges	11.4	13.5	20.29	9.93	8.9	5.86
Other Long-Term Assets	254.73	260.47	273.76	299.75	314.05	333.89
Total Assets	6,044	6,134	6,508	6,750	6,479	5,795

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
Accounts Payable	1,265	1,362	1,351	1,382	1,311	969.41
Accrued Expenses	378.24	412.48	377.68	366.49	462.25	333.78
Short-Term Debt	9.6	16.6	32.8	15.67	2.25	35.05
Current Portion of Long-Term Debt	74.05	37.69	96.4	99.63	384.82	94.51
Current Portion of Leases	0.41	0.41	0.2	0.76	-	-
Current Income Taxes Payable	2.19	7.67	9.08	34.75	42.1	23.69
Current Unearned Revenue	488.72	519.07	465.51	425.06	339.96	343.64
Other Current Liabilities	162.6	193.18	216.35	240.29	222.01	243.76
Total Current Liabilities	2,381	2,549	2,549	2,564	2,764	2,044
Long-Term Debt	821.15	697.5	1,240	1,169	711.97	869.45
Long-Term Leases	0.84	0.91	1.25	2.45	-	-
Long-Term Deferred Tax Liabilities	37.07	37.81	40.27	42.02	49.9	45.56
Other Long-Term Liabilities	-	-	2.03	1.37	0.01	0
Total Liabilities	3,240	3,285	3,833	3,779	3,526	2,959

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
Common Stock	370.56	370.56	324.32	324.3	324.37	275.3
Additional Paid-In Capital	1,322	1,322	951.98	951.98	958.25	1,096
Retained Earnings	1,068	1,112	1,275	1,561	1,543	1,362
Treasury Stock	-	-	-	-	-12.69	-45.09
Comprehensive Income & Other	1.44	1.44	63.59	63.61	63.61	63.69
Total Common Equity	2,762	2,806	2,615	2,901	2,876	2,752
Minority Interest	42.62	43.14	60.24	69.44	76.5	84.4
Shareholders' Equity	2,805	2,849	2,675	2,970	2,953	2,836
Total Liabilities & Equity	6,044	6,134	6,508	6,750	6,479	5,795

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
Total Debt	906.05	753.12	1,371	1,288	1,099	999.02
Net Cash (Debt)	-299.49	-229.86	-678.72	-506.07	-190.68	106.7
Net Cash Growth	-	-	-	-	-	-68.30%
Net Cash Per Share	-0.84	-0.69	-2.08	-1.51	-0.55	0.32
Filing Date Shares Outstanding	370.56	370.56	324.32	324.3	323.85	328.9
Total Common Shares Outstanding	370.56	370.56	324.32	324.3	323.85	328.9
Working Capital	2,092	1,993	2,321	2,701	2,236	2,366
Book Value Per Share	7.45	7.57	8.06	8.95	8.88	8.37
Tangible Book Value	2,562	2,601	2,403	2,786	2,756	2,630
Tangible Book Value Per Share	6.91	7.02	7.41	8.59	8.51	8.00
Buildings	774.75	775.86	771.47	743.99	730.7	547.69
Machinery	236.31	234.95	236.46	234.91	229.22	172.02
Construction In Progress	12.12	10.64	2.99	0.03	0.75	129.22