SHE:300776 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	635.55	401.17	485.44	526.52	419.41	593.2
Short-Term Investments	1,993	1,617	2,025	2,404	1,904	1,293
Trading Asset Securities	398.61	591.28	90.26	50.26	10	161.59
Cash & Short-Term Investments	3,027	2,609	2,601	2,981	2,333	2,048
Cash Growth	28.04%	0.32%	-12.75%	27.77%	13.93%	82.25%
Accounts Receivable	1,603	1,733	1,569	1,360	972.53	725.94
Other Receivables	2.58	4.12	5.5	13.24	7.21	3.75
Receivables	1,606	1,737	1,575	1,373	979.73	729.68
Inventory	1,495	1,569	1,723	1,918	858.05	664.72
Other Current Assets	100.19	98.46	101.47	61.63	67.32	15.91
Total Current Assets	6,229	6,014	6,000	6,333	4,238	3,458
Property, Plant & Equipment	433.46	449.92	477.61	424.87	355.07	200.44
Long-Term Investments	23.83	23.14	6.03	-	-	-
Other Intangible Assets	87.47	89.58	63.27	66.87	48.76	47.41
Long-Term Accounts Receivable	-	1.92	18	-	-	-
Long-Term Deferred Tax Assets	62.98	49.94	28.72	8.27	26.68	20.33
Long-Term Deferred Charges	21.96	22.23	25.83	30.91	33.66	2.46
Other Long-Term Assets	1.83	2.78	1.34	5.97	4.7	26.07
Total Assets	6,860	6,653	6,621	6,870	4,707	3,755

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	422.19	185.09	285.26	677.16	288.34	134.4
Accrued Expenses	48.6	70.94	80.14	89.18	59.34	45.62
Short-Term Debt	-	-	-	-	4.99	-
Current Portion of Leases	4.79	3.33	2.58	2.71	2.39	0.48
Current Income Taxes Payable	4.39	5.8	0.24	0.74	0.57	0.03
Current Unearned Revenue	1,063	1,413	1,761	1,960	724.94	447.84
Other Current Liabilities	237.82	187.61	182.13	256.42	148.01	64.22
Total Current Liabilities	1,781	1,866	2,312	2,986	1,229	692.59
Long-Term Debt	81.14	802.12	778.87	751.46	721.35	697.89
Long-Term Leases	-	3.31	4.9	7.48	10.6	1.57
Long-Term Unearned Revenue	10.84	12.74	12.98	20.36	28.37	29.56
Long-Term Deferred Tax Liabilities	16.07	10.51	7.85	0.71	12.38	0.72
Other Long-Term Liabilities	36.94	40.2	40.06	32.18	26.51	25.14
Total Liabilities	1,926	2,735	3,156	3,798	2,028	1,447

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	285.23	274	273.09	273.08	170.67	106.27
Additional Paid-In Capital	1,784	827.48	788.08	777.81	871.91	895.62
Retained Earnings	2,913	2,718	2,305	1,873	1,492	1,160
Treasury Stock	-50.04	-50.04	-50.04	-	-	-
Comprehensive Income & Other	1.58	148.93	148.26	148.43	144.97	145.3
Shareholders' Equity	4,934	3,918	3,464	3,072	2,679	2,307
Total Liabilities & Equity	6,860	6,653	6,621	6,870	4,707	3,755

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	85.93	808.77	786.35	761.65	739.33	699.93
Net Cash (Debt)	2,942	1,800	1,814	2,219	1,594	1,348
Net Cash Growth	88.05%	-0.78%	-18.24%	39.26%	18.24%	19.96%
Net Cash Per Share	10.76	6.62	6.67	8.13	5.85	4.95
Filing Date Shares Outstanding	284.17	271.88	272.5	272.02	273.08	272.06
Total Common Shares Outstanding	284.17	271.88	272.03	273.08	273.07	272.05
Working Capital	4,448	4,148	3,688	3,347	3,010	2,766
Book Value Per Share	17.36	14.41	12.74	11.25	9.81	8.48
Tangible Book Value	4,847	3,829	3,401	3,005	2,630	2,260
Tangible Book Value Per Share	17.06	14.08	12.50	11.00	9.63	8.31
Buildings	415.05	416.28	268.81	250.19	249.9	36.45
Machinery	207.89	200.71	193.63	179.49	131.35	42.89
Construction In Progress	12.03	7.92	138.8	68.01	0.13	135.78