SHE:300775 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	1,715	2,145	2,675	3,170	3,169	1,373
Short-Term Investments	256.67	100	-	-	-	-
Trading Asset Securities	813.62	474.48	499.4	-	19.72	81.36
Cash & Short-Term Investments	2,785	2,720	3,174	3,170	3,189	1,455
Cash Growth	-7.49%	-14.33%	0.15%	-0.61%	119.24%	295.80%
Accounts Receivable	1,495	1,401	2,028	2,041	1,317	719.96
Other Receivables	3.25	2.88	2.9	42.33	0.67	0.52
Receivables	1,503	2,017	2,036	2,087	1,320	720.91
Inventory	1,031	1,043	943.45	1,095	1,180	1,020
Prepaid Expenses	29.1	29.12	36.64	0.01	0.05	0
Other Current Assets	54.83	78.43	115.09	55.54	22.91	50.41
Total Current Assets	5,403	5,887	6,305	6,408	5,712	3,246
Property, Plant & Equipment	1,864	1,899	1,875	1,193	917.33	736.14
Long-Term Investments	789.11	483.07	757.86	308.14	-	-
Other Intangible Assets	58.04	57.53	58.54	99.56	100.67	61.59
Long-Term Deferred Tax Assets	45.42	35.19	36.93	29.12	22.38	13.36
Long-Term Deferred Charges	14.81	17.58	5.03	1.15	1.39	1.7
Other Long-Term Assets	117.8	124.74	93.65	212.58	202.37	70.93
Total Assets	8,307	8,521	9,152	8,270	6,971	4,131

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	1,085	1,290	1,227	1,336	1,155	733.63
Accrued Expenses	12.67	31.32	24.65	20.18	16.89	13.27
Short-Term Debt	-	-	1,008	418.35	-	-
Current Portion of Long-Term Debt	969.49	-	15.52	0.22	-	-
Current Portion of Leases	6.6	6.41	3.74	-	-	-
Current Income Taxes Payable	1.88	7.22	3.17	17.62	13.6	31
Current Unearned Revenue	17.07	15.17	10.64	0.58	0.85	6.35
Other Current Liabilities	2.17	2.56	54.6	76.2	181.98	55.63
Total Current Liabilities	2,095	1,352	2,347	1,870	1,368	839.88
Long-Term Debt	-	959.93	910.35	863.72	813.4	762.05
Long-Term Leases	5.65	7.82	12.01	-	-	-
Long-Term Unearned Revenue	162.7	159.33	115.62	97.58	81.57	72.17
Long-Term Deferred Tax Liabilities	18.09	10.43	11.13	6.15	6.3	-
Other Long-Term Liabilities	0.26	0.21	0.23	0.2	0.2	0.56
Total Liabilities	2,281	2,490	3,396	2,837	2,269	1,675

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	547.55	547.55	550.24	550.24	549.29	495.52
Additional Paid-In Capital	2,455	2,450	2,494	2,496	2,466	773.66
Retained Earnings	2,847	2,861	2,581	2,301	1,609	1,029
Treasury Stock	-	-	-34.28	-72.69	-80.67	-
Comprehensive Income & Other	175.53	172.53	164.88	157.88	157.94	158.45
Shareholders' Equity	6,025	6,031	5,756	5,433	4,701	2,457
Total Liabilities & Equity	8,307	8,521	9,152	8,270	6,971	4,131

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	981.74	974.16	1,949	1,282	813.4	762.05
Net Cash (Debt)	1,803	1,745	1,225	1,887	2,376	692.55
Net Cash Growth	-0.97%	42.46%	-35.08%	-20.56%	243.02%	88.44%
Net Cash Per Share	3.20	3.19	2.22	3.44	4.79	1.39
Filing Date Shares Outstanding	547.55	547.55	550.24	550.24	549.29	495.52
Total Common Shares Outstanding	547.55	547.55	550.24	550.24	549.29	495.52
Working Capital	3,309	4,534	3,958	4,538	4,344	2,406
Book Value Per Share	11.00	11.01	10.46	9.87	8.56	4.96
Tangible Book Value	5,967	5,973	5,697	5,333	4,601	2,395
Tangible Book Value Per Share	10.90	10.91	10.35	9.69	8.38	4.83
Buildings	661.68	661.68	250.2	239.61	215.77	181.42
Machinery	1,672	1,660	996.36	923.84	793.5	733.36
Construction In Progress	27.82	29.12	991.62	354.55	184.97	58.29