SHE:300905 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	97.07	224.56	377.02	142.91	103.69	234.02
Trading Asset Securities	338.74	236.47	90.86	312.9	301.73	383.25
Cash & Short-Term Investments	435.81	461.03	467.87	455.81	405.43	617.27
Cash Growth	4.13%	-1.46%	2.65%	12.43%	-34.32%	-29.39%
Accounts Receivable	505.06	528.66	383.97	362.02	180.16	152.49
Other Receivables	0.5	0.43	0.38	0.59	0.52	0.52
Receivables	505.56	529.09	384.36	362.62	180.68	153
Inventory	243.7	187.8	196.43	177.69	124	112.82
Prepaid Expenses	-	-	-	0	12.12	-
Other Current Assets	26.64	27.1	13.04	14.54	8.33	14.72
Total Current Assets	1,212	1,205	1,062	1,011	730.55	897.82
Property, Plant & Equipment	770.54	783.84	757.04	713.77	658	441.63
Long-Term Investments	7.85	3.27	2.04	2.43	-	-
Goodwill	220	220	220	220	1.61	-
Other Intangible Assets	46.13	49.97	57.56	60.16	17.73	11.65
Long-Term Deferred Tax Assets	3.78	3.83	2.84	2.93	1.37	1.34
Long-Term Deferred Charges	6.69	6.44	5.82	7.95	10.27	9.28
Other Long-Term Assets	3.25	9.55	24.6	10.52	10.24	65.31
Total Assets	2,270	2,282	2,132	2,028	1,430	1,427

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	152.98	147.26	128.89	148.07	95.88	113.01
Accrued Expenses	17.84	29.25	20.98	17.12	14.46	13.73
Short-Term Debt	-	10.36	11.68	20.25	10.82	-
Current Portion of Long-Term Debt	15	10	0	-	-	-
Current Portion of Leases	0.25	0.02	0.33	0.38	0.23	0.64
Current Income Taxes Payable	6.39	15.55	9.11	6.24	6.4	5.15
Current Unearned Revenue	2.56	3.89	2.46	1.65	2.01	3.28
Other Current Liabilities	1.53	2.05	0.96	1.59	0.89	1.56
Total Current Liabilities	196.55	218.39	174.4	195.29	130.69	137.37
Long-Term Debt	80	90.02	59.9	-	-	-
Long-Term Leases	0.69	0	0.02	0.4	0.49	0.7
Long-Term Unearned Revenue	2.06	2.18	2.41	2.65	2.89	3.15
Long-Term Deferred Tax Liabilities	1.26	1.87	3.13	4.4	-	-
Total Liabilities	280.55	312.45	239.87	202.75	134.07	141.22

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	179.02	178.79	177.83	176.3	144	144
Additional Paid-In Capital	1,354	1,351	1,336	1,305	877.17	877.17
Retained Earnings	427.82	412.8	350.55	324.64	253.95	264.65
Comprehensive Income & Other	1.27	1.24	1.45	2.32	2.19	-
Total Common Equity	1,962	1,944	1,866	1,808	1,277	1,286
Minority Interest	27.55	25.96	25.58	17.6	18.4	-
Shareholders' Equity	1,989	1,969	1,892	1,826	1,296	1,286
Total Liabilities & Equity	2,270	2,282	2,132	2,028	1,430	1,427

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	95.94	110.4	71.93	21.03	11.54	1.35
Net Cash (Debt)	339.87	350.63	395.95	434.77	393.89	615.92
Net Cash Growth	1.87%	-11.45%	-8.93%	10.38%	-36.05%	-29.54%
Net Cash Per Share	1.89	1.97	2.22	2.71	2.77	4.29
Filing Date Shares Outstanding	179.02	179.02	177.83	176.3	144	144
Total Common Shares Outstanding	179.02	178.79	177.83	176.3	144	144
Working Capital	1,015	986.64	887.3	815.36	599.86	760.45
Book Value Per Share	10.96	10.87	10.49	10.26	8.87	8.93
Tangible Book Value	1,696	1,674	1,589	1,528	1,258	1,274
Tangible Book Value Per Share	9.47	9.36	8.93	8.67	8.74	8.85
Buildings	524.8	517.87	447.13	716.7	259.3	57.12
Machinery	546.9	504.5	459.95	29.24	392.88	139.17
Construction In Progress	14.12	44.76	78.34	142.68	113.52	314.46