SHE:300875 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	83.76	109.52	217.82	388.18	484.73	714.5
Trading Asset Securities	91.33	71.02	89.11	47.2	8.31	100.05
Cash & Short-Term Investments	175.09	180.53	306.93	435.37	493.03	814.55
Cash Growth	-12.65%	-41.18%	-29.50%	-11.70%	-39.47%	-8.39%
Accounts Receivable	252.6	336.72	185.09	211.6	221.93	171.55
Other Receivables	20.9	19.08	11.25	8.7	14.59	7.54
Receivables	273.5	355.8	196.35	220.3	236.52	179.09
Inventory	206.15	167.14	178.25	198.55	192.61	48.57
Other Current Assets	73.4	67.75	62.4	48.83	54.08	14.23
Total Current Assets	728.14	771.22	743.93	903.05	976.24	1,056
Property, Plant & Equipment	311	316.9	309.46	331.84	321.91	247.72
Long-Term Investments	113.75	113.59	111.67	67.34	67.38	31.99
Goodwill	54.9	54.9	48.34	138.03	188.8	182.08
Other Intangible Assets	55.65	56.59	64.7	74.41	81.18	76.39
Long-Term Accounts Receivable	-	6.19	4.58	3.24	2.45	-
Long-Term Deferred Tax Assets	14.75	15.05	17.37	16.8	12.11	9.89
Long-Term Deferred Charges	6.24	6.74	6.75	6.13	7.77	6.73
Other Long-Term Assets	8.78	3.45	1.23	10.03	22.19	23.48
Total Assets	1,293	1,345	1,308	1,551	1,680	1,635

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	79.84	60.4	65.01	51.81	42.68	28.83
Accrued Expenses	14.51	46.12	33.03	40.89	47.17	22.63
Short-Term Debt	30.03	30.04	8.51	2.57	3	1.6
Current Portion of Leases	-	4.64	5.24	4.81	4.93	3.91
Current Income Taxes Payable	1.95	0.3	1.11	3.07	9.77	6.13
Current Unearned Revenue	65.2	58.68	71.17	56.83	53.85	10.89
Other Current Liabilities	153.08	190.35	77.95	42.04	101.91	135.71
Total Current Liabilities	349.21	390.53	262.01	202.02	263.32	209.69
Long-Term Debt	4	4	-	-	-	-
Long-Term Leases	3.8	4.02	5.01	8.46	13.23	10.43
Long-Term Unearned Revenue	6.42	6.97	8.06	8.04	8.03	6.48
Long-Term Deferred Tax Liabilities	0.15	0.13	1.08	1.85	2.45	2.58
Total Liabilities	363.59	405.66	276.17	220.37	287.02	229.18

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	99.83	99.83	99.83	99.83	99.83	76.8
Additional Paid-In Capital	709.19	976.58	975.08	982.95	981.96	1,005
Retained Earnings	49.67	-209.19	-96.7	181.56	249.46	289.93
Treasury Stock	-16.88	-16.88	-16.88	-	-	-
Comprehensive Income & Other	6.64	5.92	4.13	1.96	0.25	-
Total Common Equity	848.46	856.27	965.47	1,266	1,332	1,372
Minority Interest	81.18	82.7	66.38	64.2	61.5	33.95
Shareholders' Equity	929.64	938.97	1,032	1,331	1,393	1,406
Total Liabilities & Equity	1,293	1,345	1,308	1,551	1,680	1,635

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	42.44	42.71	18.76	15.84	21.16	15.94
Net Cash (Debt)	132.65	137.83	288.17	419.54	471.87	798.62
Net Cash Growth	-30.65%	-52.17%	-31.31%	-11.09%	-40.91%	-10.18%
Net Cash Per Share	1.33	1.38	2.90	4.20	4.60	7.73
Filing Date Shares Outstanding	97.96	99.13	99.13	99.83	99.83	99.83
Total Common Shares Outstanding	97.96	99.13	99.13	99.83	99.83	99.83
Working Capital	378.93	380.69	481.92	701.04	712.93	846.76
Book Value Per Share	8.66	8.64	9.74	12.68	13.34	13.74
Tangible Book Value	737.9	744.78	852.43	1,054	1,062	1,113
Tangible Book Value Per Share	7.53	7.51	8.60	10.56	10.63	11.15
Buildings	-	-	-	300.03	205.01	184.73
Machinery	-	59.48	46.84	57.95	48.92	36.01
Construction In Progress	-	7.91	0.28	0.68	76.25	27.24