SHE:300749 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	180.42	280.19	282.61	349	226.87	290.8
Trading Asset Securities	-	-	-	100	50	50
Cash & Short-Term Investments	180.42	280.19	282.61	449	276.87	340.8
Cash Growth	-19.18%	-0.86%	-37.06%	62.17%	-18.76%	-22.01%
Accounts Receivable	130.11	106.34	93.79	144.39	241.71	286.53
Other Receivables	9.7	11.93	10.41	37.39	39.91	53.3
Receivables	139.81	118.27	104.19	181.78	281.62	339.83
Inventory	103.22	112.62	210.95	243.3	209.91	204.55
Prepaid Expenses	-	0.83	0.01	-	-	-
Other Current Assets	9.58	7.51	6.47	18.23	9.25	12.1
Total Current Assets	433.03	519.43	604.23	892.31	777.65	897.28
Property, Plant & Equipment	376.23	391.3	443.46	466.79	554.36	512.76
Long-Term Investments	267.17	97.3	48.23	54.03	48.01	49.95
Other Intangible Assets	58.46	60.18	63.39	77.23	86.72	87.8
Long-Term Accounts Receivable	-	0.6	1.73	-	2.3	7.15
Long-Term Deferred Tax Assets	34.49	34.76	32.69	45.06	42.29	43.94
Long-Term Deferred Charges	7.56	8.49	17.23	21.08	25.11	16.32
Other Long-Term Assets	111.74	110.39	121.53	125.35	51.3	19.92
Total Assets	1,289	1,222	1,332	1,682	1,588	1,635

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	191.79	231.59	295.81	414.87	347.51	388.11
Accrued Expenses	10.52	24.47	29.72	37.77	70.48	93.57
Short-Term Debt	55.95	20	13.56	-	104.47	161.82
Current Portion of Long-Term Debt	26.67	23.6	14.16	14.26	-	-
Current Portion of Leases	-	0.25	2.71	5.05	5.44	7.36
Current Income Taxes Payable	9.84	0.03	0.11	2.1	-	6.34
Current Unearned Revenue	47.7	56.59	170.75	209.86	89.51	62.45
Other Current Liabilities	80.63	94.07	112.9	110.96	72.79	80.52
Total Current Liabilities	423.09	450.59	639.72	794.88	690.2	800.17
Long-Term Debt	159.12	172.63	111.15	121.23	127.02	87.45
Long-Term Leases	2.16	0.5	0.86	6.44	13	17.66
Long-Term Unearned Revenue	24.52	26.44	30.29	25.77	29.54	22.63
Long-Term Deferred Tax Liabilities	-	-	-	1.84	1.68	-
Total Liabilities	608.88	650.17	782.02	950.15	861.43	927.91

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	205.17	205.17	205.17	205.83	206.36	206.9
Additional Paid-In Capital	265.76	263.89	251.03	253.27	256.62	257.47
Retained Earnings	205.7	100.16	91.24	272.63	269.74	244.87
Treasury Stock	-	-	-	-3.04	-5.35	-7.79
Total Common Equity	676.63	569.21	547.45	728.7	727.37	701.45
Minority Interest	3.18	3.06	3	3	-1.05	5.77
Shareholders' Equity	679.81	572.28	550.45	731.7	726.32	707.22
Total Liabilities & Equity	1,289	1,222	1,332	1,682	1,588	1,635

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	243.89	216.97	142.45	146.98	249.93	274.28
Net Cash (Debt)	-63.47	63.21	140.16	302.02	26.94	66.51
Net Cash Growth	-	-54.90%	-53.59%	1020.87%	-59.49%	-73.91%
Net Cash Per Share	-0.26	0.28	0.68	1.52	0.13	0.32
Filing Date Shares Outstanding	207.88	205.17	205.17	205.83	206.36	206.9
Total Common Shares Outstanding	207.88	205.17	205.17	205.83	206.36	206.9
Working Capital	9.94	68.84	-35.49	97.43	87.45	97.11
Book Value Per Share	3.25	2.77	2.67	3.54	3.52	3.39
Tangible Book Value	618.17	509.03	484.06	651.47	640.65	613.64
Tangible Book Value Per Share	2.97	2.48	2.36	3.17	3.10	2.97
Buildings	-	372.59	372.68	346.88	391.6	196.05
Machinery	-	313.04	322.06	324.53	321.86	203
Construction In Progress	-	2.16	0.97	4.51	32.44	280.34