SHE:300896 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	1,964	1,227	1,515	2,434	3,140	3,264
Short-Term Investments	267.36	469.78	344.85	299.28	80	-
Trading Asset Securities	1,944	2,154	2,878	1,204	703.69	370.51
Cash & Short-Term Investments	4,175	3,851	4,737	3,937	3,923	3,634
Cash Growth	11.17%	-18.70%	20.32%	0.36%	7.96%	-15.44%
Accounts Receivable	85.63	137.89	168.45	206.07	127.76	72.35
Other Receivables	11.77	7.88	7.77	12.03	4.6	9.69
Receivables	97.41	145.76	176.23	218.1	132.36	82.04
Inventory	103.4	93.21	72.84	49.77	46.72	34.94
Other Current Assets	100.11	54.68	58.71	46.2	31.38	52.22
Total Current Assets	4,476	4,145	5,045	4,251	4,134	3,803
Property, Plant & Equipment	687.87	654.42	521.15	282.06	258.1	190.44
Long-Term Investments	1,873	1,959	2,280	1,860	1,408	1,213
Goodwill	1,641	1,641	278.24	244.89	244.89	-
Other Intangible Assets	401.66	367.79	110.19	114.92	116.64	11.99
Long-Term Deferred Tax Assets	28.71	18.56	7.23	17.72	8.48	9.59
Long-Term Deferred Charges	50.24	60.17	34.91	35.28	39	9.64
Other Long-Term Assets	20.56	62.02	63.85	46.54	49.52	34.25
Total Assets	9,179	8,908	8,340	6,852	6,259	5,272

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	59.16	49.69	82.99	44.7	19.34	8.55
Accrued Expenses	109.99	147.22	130.94	114.79	82.49	104.15
Current Portion of Leases	22.66	22.08	18.94	15	11.3	7.94
Current Income Taxes Payable	14.99	21.37	0.61	39.58	9.61	36.43
Current Unearned Revenue	87.62	84.13	84.56	50.63	14.71	12.74
Other Current Liabilities	294.07	322	25.87	32.97	86.72	8.78
Total Current Liabilities	588.49	646.5	343.91	297.67	224.17	178.59
Long-Term Leases	7.26	10.01	26.01	37.46	48.39	40.19
Long-Term Unearned Revenue	7.14	8.79	2.35	3.37	4.15	8.09
Long-Term Deferred Tax Liabilities	79.66	78.13	18.09	28.82	36.06	15.45
Total Liabilities	682.56	743.43	390.37	367.32	312.77	242.31

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	302.59	302.59	302.59	216.36	216.36	216.36
Additional Paid-In Capital	3,398	3,397	3,390	3,459	3,412	3,411
Retained Earnings	4,663	4,311	4,527	3,069	2,215	1,406
Treasury Stock	-399.78	-399.78	-399.78	-399.78	-	-
Comprehensive Income & Other	-51.83	-26.97	-22.39	2.87	2.81	-3.69
Total Common Equity	7,911	7,584	7,797	6,348	5,846	5,030
Minority Interest	585.06	580.67	153.06	137.1	99.65	0.18
Shareholders' Equity	8,496	8,165	7,950	6,485	5,946	5,030
Total Liabilities & Equity	9,179	8,908	8,340	6,852	6,259	5,272

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	29.92	32.09	44.96	52.46	59.69	48.12
Net Cash (Debt)	4,145	3,819	4,692	3,885	3,864	3,586
Net Cash Growth	11.65%	-18.61%	20.79%	0.55%	7.74%	-16.56%
Net Cash Per Share	13.74	12.66	15.58	12.86	12.75	11.84
Filing Date Shares Outstanding	301.43	301.43	301.43	301.27	302.9	302.9
Total Common Shares Outstanding	301.43	301.43	301.43	301.27	302.9	302.9
Working Capital	3,887	3,498	4,701	3,954	3,910	3,625
Book Value Per Share	26.25	25.16	25.87	21.07	19.30	16.60
Tangible Book Value	5,869	5,575	7,409	5,988	5,485	5,018
Tangible Book Value Per Share	19.47	18.50	24.58	19.88	18.11	16.56
Buildings	278.74	283.57	204.55	205.02	185.1	118.95
Machinery	286.78	280.74	179.7	138.34	113.4	66.97
Construction In Progress	313.41	253.14	246.3	14.72	5.01	-