SHE:300937 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	385.07	409.36	386.88	374.86	457.82	153.78
Short-Term Investments	-	9.27	4.12	0.83	-	-
Trading Asset Securities	130.82	-	1.5	4	7	-
Cash & Short-Term Investments	515.89	418.64	392.5	379.69	464.82	153.78
Cash Growth	53.21%	6.66%	3.37%	-18.32%	202.27%	34.62%
Accounts Receivable	433.3	210.47	229	196.54	146.26	57.75
Other Receivables	23.25	43.64	85.18	67.62	15.93	25.6
Receivables	456.55	254.11	314.18	264.16	162.18	83.35
Inventory	464.53	575.19	522.59	561.24	446.78	468.23
Other Current Assets	168.5	154.64	142.38	171.35	190.01	126.33
Total Current Assets	1,605	1,403	1,372	1,376	1,264	831.68
Property, Plant & Equipment	141.43	143.75	161.8	154.05	164.95	174.76
Long-Term Investments	57.85	61.41	41.23	28.25	22.4	21.58
Goodwill	14.2	13.71	18.71	16.47	16.36	2.52
Other Intangible Assets	37.57	43.02	48.03	46.43	50.65	42.06
Long-Term Deferred Tax Assets	46.04	36.98	27.34	15.23	8.86	3.69
Long-Term Deferred Charges	29.68	21.1	32.82	43.92	13.76	5.34
Other Long-Term Assets	-	-	1.57	6.27	50.83	105.43
Total Assets	1,932	1,723	1,703	1,687	1,592	1,187

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	712.93	417.41	333.22	359.66	370.54	184.1
Accrued Expenses	11.88	23.34	32.21	31.98	22.19	10.98
Short-Term Debt	282.6	324.17	372.32	320.74	235.84	119.36
Current Portion of Leases	-	6.53	6.77	4.2	5.24	4.7
Current Income Taxes Payable	21.24	19.64	6.14	4.99	7.87	1.19
Current Unearned Revenue	30.75	60.78	49.82	53.57	78.85	29.77
Other Current Liabilities	46.06	52.24	37.89	25.98	32.18	27.9
Total Current Liabilities	1,118	904.11	838.35	801.12	752.7	378
Long-Term Leases	4.41	4.04	9.76	4.69	2.54	5.75
Long-Term Unearned Revenue	4.19	4.35	4.68	5	6.32	6.1
Long-Term Deferred Tax Liabilities	12.84	10.98	13.08	13.34	10.07	9.29
Other Long-Term Liabilities	6.14	0.47	0.35	6.88	-	-
Total Liabilities	1,146	923.95	866.22	831.02	771.64	399.13

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	95.67	95.67	95.67	95.67	95.67	95.67
Additional Paid-In Capital	474	474	474.01	474.01	475.62	475.56
Retained Earnings	241.61	251.14	273.55	284.55	244.15	202.28
Comprehensive Income & Other	-	-	-	-	-1.5	-
Total Common Equity	811.28	820.81	843.23	854.22	813.94	773.51
Minority Interest	-24.86	-22.21	-6.31	1.82	6.03	14.43
Shareholders' Equity	786.42	798.6	836.93	856.04	819.98	787.94
Total Liabilities & Equity	1,932	1,723	1,703	1,687	1,592	1,187

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	299.79	334.74	388.85	329.63	243.62	129.8
Net Cash (Debt)	216.1	83.89	3.65	50.06	221.21	23.98
Net Cash Growth	1068.09%	2200.11%	-92.72%	-77.37%	822.60%	-67.68%
Net Cash Per Share	2.25	0.88	0.05	0.52	2.32	0.26
Filing Date Shares Outstanding	107.09	95.67	95.67	95.67	95.67	95.67
Total Common Shares Outstanding	107.09	95.67	95.67	95.67	95.67	95.67
Working Capital	487.24	498.46	533.3	575.32	511.1	453.68
Book Value Per Share	7.58	8.58	8.81	8.93	8.51	8.09
Tangible Book Value	759.51	764.07	776.49	791.32	746.94	728.93
Tangible Book Value Per Share	7.09	7.99	8.12	8.27	7.81	7.62
Buildings	-	116.62	116.61	116.57	118.19	117.76
Machinery	-	97.72	94.96	82.31	81.99	78.87
Construction In Progress	-	0.15	0.5	2.21	1.84	-