SHE:300757 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	467.59	284.43	300.12	238.81	212.08	165.89
Trading Asset Securities	11.01	49.11	15	-	20	80
Cash & Short-Term Investments	478.6	333.53	315.12	238.81	232.08	245.89
Cash Growth	33.00%	5.84%	31.96%	2.90%	-5.62%	52.16%
Accounts Receivable	942.49	986.9	998.81	928.56	685.45	718.14
Other Receivables	3.79	5.82	2.25	1.3	3.55	0.87
Receivables	946.28	992.72	1,001	929.86	689	719.01
Inventory	524.85	410.48	205.17	500.62	509.99	312.98
Other Current Assets	85.12	46.42	51.47	61.97	26.19	32.7
Total Current Assets	2,035	1,783	1,573	1,731	1,457	1,311
Property, Plant & Equipment	387.08	363.81	277.41	293.03	311.49	294.46
Long-Term Investments	145.25	148.05	249.3	239.51	225.85	183.99
Goodwill	994.97	994.97	7.74	7.74	7.74	7.74
Other Intangible Assets	191.25	219.49	57.86	52.64	59.55	66.76
Long-Term Accounts Receivable	76.6	71.43	163.4	210.86	85.66	104.6
Long-Term Deferred Tax Assets	51.23	48.99	36.54	32.18	33.96	32.85
Long-Term Deferred Charges	0.04	0.07	0.14	0.16	0.79	1.42
Other Long-Term Assets	8.52	11.81	0.06	-	0.08	3.3
Total Assets	3,890	3,642	2,365	2,567	2,182	2,006

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	307.89	366.21	196.98	639.98	569.07	393.26
Accrued Expenses	31.79	23.42	27.71	59.48	51.79	26.98
Short-Term Debt	929.85	918.05	923.3	641.4	493.9	503.09
Current Portion of Long-Term Debt	44.78	86.4	60.08	10.02	-	20.01
Current Portion of Leases	4.17	4.3	-	0.13	0.02	0.49
Current Income Taxes Payable	17.68	9.62	0.6	2.43	2.24	1.15
Current Unearned Revenue	456.5	157.43	98.81	204.17	151.2	137.58
Other Current Liabilities	53.28	65.51	13.87	9.48	13.72	17.98
Total Current Liabilities	1,846	1,631	1,321	1,567	1,282	1,101
Long-Term Debt	357.26	303.27	39	20.02	30.02	60.06
Long-Term Leases	10.58	13.46	-	0.01	-	0.02
Long-Term Unearned Revenue	0.87	1.1	-	-	-	-
Long-Term Deferred Tax Liabilities	13.02	21.96	-	-	-	-
Total Liabilities	2,228	1,971	1,360	1,587	1,312	1,161

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	167.61	167.61	155.04	110.39	110.53	110.28
Additional Paid-In Capital	1,248	1,248	523.1	571.61	540.17	532.93
Retained Earnings	262.76	256.2	330.19	294.45	228.38	202.23
Treasury Stock	-	-	-2.97	-3.27	-7.5	-
Comprehensive Income & Other	-13.97	1.38	2.22	9.12	0.04	0.27
Total Common Equity	1,665	1,673	1,008	982.3	871.62	845.71
Minority Interest	-2.51	-2.35	-2.64	-2.04	-1.19	-0.61
Shareholders' Equity	1,662	1,671	1,005	980.27	870.43	845.1
Total Liabilities & Equity	3,890	3,642	2,365	2,567	2,182	2,006

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	1,347	1,325	1,022	671.58	523.94	583.67
Net Cash (Debt)	-868.05	-991.95	-707.26	-432.77	-291.86	-337.78
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.27	-6.12	-4.54	-2.81	-1.91	-2.26
Filing Date Shares Outstanding	167.61	167.61	155.04	154.54	154.74	154.39
Total Common Shares Outstanding	167.61	167.61	155.04	154.54	154.74	154.39
Working Capital	188.9	152.23	251.47	164.18	175.32	210.04
Book Value Per Share	9.93	9.98	6.50	6.36	5.63	5.48
Tangible Book Value	478.4	458.96	941.98	921.92	804.33	771.2
Tangible Book Value Per Share	2.85	2.74	6.08	5.97	5.20	5.00
Land	-	255.65	250.82	-	-	-
Buildings	255.65	-	-	250.82	250.68	218.23
Machinery	120.46	119.35	99.74	99.94	101.06	99.6
Construction In Progress	130.8	97.11	27.36	21.65	20.49	11.98
Order Backlog	-	2,187	-	-	-	-