SHE:300861 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	279.65	255.52	548.68	480.12	621.45	177.16
Trading Asset Securities	2,058	1,969	3,040	1,657	1,845	2,232
Cash & Short-Term Investments	2,435	2,225	3,589	2,137	2,467	2,410
Cash Growth	-23.57%	-38.01%	67.92%	-13.35%	2.38%	7.24%
Accounts Receivable	1,393	1,545	1,030	2,582	2,118	774.54
Other Receivables	46.55	8.36	8.84	9.87	1.88	0.03
Receivables	1,439	1,553	1,038	2,592	2,120	774.56
Inventory	902.37	722.08	838.65	1,105	790.17	338.32
Prepaid Expenses	1.64	2.11	0.53	1.65	1.24	0.74
Other Current Assets	83.2	393.42	74.62	111.12	108.84	104.4
Total Current Assets	4,861	4,896	5,541	5,947	5,487	3,628
Property, Plant & Equipment	860.09	983.01	1,202	1,349	1,050	711.69
Long-Term Investments	1,387	994.99	34.95	30	-	-
Goodwill	-	-	-	7.94	7.94	7.94
Other Intangible Assets	46.36	88.25	95.22	100.87	64.52	38.8
Long-Term Deferred Tax Assets	82.8	71.23	62.51	58.4	41.77	14.13
Long-Term Deferred Charges	57.23	69.16	104.46	120.48	101.51	32.05
Other Long-Term Assets	9.57	1.05	22.81	18.33	16.83	26.35
Total Assets	7,305	7,103	7,064	7,633	6,770	4,460

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	225.27	210.41	123.33	439.8	567.27	232.25
Accrued Expenses	41.84	47.31	52.56	84.04	73.03	43.92
Current Portion of Leases	25.9	24.22	31.24	15.79	13.98	14.22
Current Income Taxes Payable	40.83	61.91	6.22	68.04	72	36.99
Current Unearned Revenue	6.84	5.88	2.34	1.77	1.78	5.64
Other Current Liabilities	162.11	147.33	173.79	306.64	711.77	5.06
Total Current Liabilities	502.79	497.06	389.49	916.09	1,440	338.08
Long-Term Leases	19.45	15.2	38.75	68.27	72.65	16.34
Long-Term Unearned Revenue	89.86	75.93	57.16	12.17	6.42	7.26
Long-Term Deferred Tax Liabilities	81.52	93.26	127.09	151.16	125.86	80.89
Other Long-Term Liabilities	7.63	7.28	7.11	33.05	27.72	-
Total Liabilities	701.24	688.73	619.59	1,181	1,672	442.57

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	671.84	671.84	480.01	480.01	480.01	400.01
Additional Paid-In Capital	1,769	1,769	1,769	1,769	1,769	1,832
Retained Earnings	4,193	4,004	4,191	4,190	2,841	1,786
Treasury Stock	-34.18	-34.18	-0.43	-	-	-
Comprehensive Income & Other	4.21	4.21	4.21	-	-	-
Total Common Equity	6,604	6,415	6,444	6,439	5,090	4,017
Minority Interest	-	-	-	13.15	7.36	-
Shareholders' Equity	6,604	6,415	6,444	6,452	5,098	4,017
Total Liabilities & Equity	7,305	7,103	7,064	7,633	6,770	4,460

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	45.35	39.42	69.98	84.07	86.63	30.56
Net Cash (Debt)	2,390	2,186	3,519	2,053	2,380	2,379
Net Cash Growth	-23.30%	-37.90%	71.39%	-13.73%	0.05%	5.88%
Net Cash Per Share	3.57	3.26	5.24	3.06	3.54	3.54
Filing Date Shares Outstanding	669.85	669.85	671.99	672.02	672.02	672.02
Total Common Shares Outstanding	669.85	669.85	671.99	672.02	672.02	672.02
Working Capital	4,359	4,398	5,152	5,031	4,047	3,289
Book Value Per Share	9.86	9.58	9.59	9.58	7.57	5.98
Tangible Book Value	6,557	6,326	6,349	6,330	5,018	3,971
Tangible Book Value Per Share	9.79	9.44	9.45	9.42	7.47	5.91
Buildings	26.99	26.99	35.07	25.72	13.16	6.02
Machinery	1,606	1,617	1,669	1,598	1,304	867.63
Construction In Progress	206.21	204.04	249.05	215.22	23.52	69.49