SHE:300838 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	67.1	68.58	92.28	105.88	143.49	62.37
Trading Asset Securities	10.07	10.07	-	-	-	163.63
Cash & Short-Term Investments	77.17	78.65	92.28	105.88	143.49	226
Cash Growth	-8.56%	-14.77%	-12.85%	-26.21%	-36.51%	-29.29%
Accounts Receivable	852.06	857.55	738.19	714.12	605.65	412.28
Other Receivables	21.01	18.48	16.17	11.8	42.83	7.24
Receivables	873.06	876.03	754.35	725.92	648.48	419.52
Inventory	263.25	255.25	215.34	199.24	199.05	174.54
Prepaid Expenses	-	1.31	0.58	0.84	1	1.33
Other Current Assets	17.06	11.48	9.79	6.56	7.72	14.94
Total Current Assets	1,231	1,223	1,072	1,038	999.75	836.33
Property, Plant & Equipment	376.41	389.58	325.11	322.91	346.2	261.62
Long-Term Investments	25.93	32.88	25.93	20.19	10	-
Goodwill	67.43	67.43	33.38	-	-	-
Other Intangible Assets	68.07	70.27	42.36	43.12	43.9	44.72
Long-Term Deferred Tax Assets	24.33	21.82	12.12	8.78	5.28	6.03
Long-Term Deferred Charges	3.77	4.12	4.69	4.99	5.42	2.82
Other Long-Term Assets	30.99	32.97	24.63	17.13	1.44	86.81
Total Assets	1,827	1,842	1,541	1,456	1,412	1,238

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	364.13	345.07	397.71	342.73	364.85	241.64
Accrued Expenses	14.09	23.69	16.49	23.53	17.77	17.66
Short-Term Debt	165.07	177.2	77.37	27.01	38.92	71.83
Current Portion of Long-Term Debt	30.73	16.33	0.4	4.01	0.24	20.02
Current Portion of Leases	-	0.84	0.7	-	-	-
Current Income Taxes Payable	13.84	6.47	-	6.24	1.49	0.45
Current Unearned Revenue	34.81	36.49	28.63	27.86	40.67	34.32
Other Current Liabilities	18.57	104.05	17.78	9.1	12.02	12.31
Total Current Liabilities	641.25	710.13	539.07	440.49	475.96	398.24
Long-Term Debt	199.83	154.8	8.01	5	13.8	-
Long-Term Leases	0.41	0.78	1.51	-	-	-
Long-Term Unearned Revenue	8.08	8.68	4.67	3.08	3.06	1.91
Long-Term Deferred Tax Liabilities	5.68	4.18	0	-	-	-
Total Liabilities	855.25	878.57	553.26	448.57	492.82	400.15

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	137.98	137.98	137.98	137.17	136.34	136.34
Additional Paid-In Capital	376.27	376.27	373.25	368.93	354.91	353.45
Retained Earnings	444.37	435.69	484	500.89	427.91	348.37
Comprehensive Income & Other	0.01	0.01	-	-	-	-
Total Common Equity	958.63	949.95	995.23	1,007	919.16	838.17
Minority Interest	13.59	13.29	-7.92	-	-	-
Shareholders' Equity	972.22	963.24	987.31	1,007	919.16	838.17
Total Liabilities & Equity	1,827	1,842	1,541	1,456	1,412	1,238

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	396.04	349.95	87.99	36.02	52.96	91.86
Net Cash (Debt)	-318.88	-271.3	4.29	69.86	90.53	134.14
Net Cash Growth	-	-	-93.86%	-22.83%	-32.51%	-53.04%
Net Cash Per Share	-2.26	-1.96	0.03	0.51	0.66	0.99
Filing Date Shares Outstanding	146.03	137.98	137.98	137.17	136.34	136.34
Total Common Shares Outstanding	146.03	137.98	137.98	137.17	136.34	136.34
Working Capital	589.28	512.6	533.27	597.95	523.79	438.09
Book Value Per Share	6.56	6.88	7.21	7.34	6.74	6.15
Tangible Book Value	823.12	812.25	919.49	963.87	875.26	793.44
Tangible Book Value Per Share	5.64	5.89	6.66	7.03	6.42	5.82
Buildings	-	313.33	241.24	247.81	259.25	90.56
Machinery	-	253.42	203.72	172.49	171.34	110.33
Construction In Progress	-	0.41	-	1.1	2	137.95