SHE:300949 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	206.81	178.51	164.88	155.36	225.67	231.12
Trading Asset Securities	92.4	170.43	213.16	517.85	460.19	588.89
Cash & Short-Term Investments	299.22	348.94	378.04	673.21	685.86	820
Cash Growth	-32.97%	-7.70%	-43.84%	-1.84%	-16.36%	170.10%
Accounts Receivable	285.09	302.29	353	411.14	403.64	329.35
Other Receivables	38.81	10.82	7.64	18.91	11.12	8.24
Receivables	323.9	313.11	360.64	430.05	414.76	337.59
Inventory	15.84	38.73	49.33	58.35	64.46	27.3
Other Current Assets	14.69	14	16.5	19.74	11.18	3.96
Total Current Assets	653.65	714.78	804.51	1,181	1,176	1,189
Property, Plant & Equipment	67.31	79.43	94.19	138.29	133.65	126.53
Long-Term Investments	103.42	100.37	121.22	36.74	58.61	43.09
Goodwill	-	-	0.98	12.74	19.64	-
Other Intangible Assets	0.01	22.39	28.26	29.89	2.71	2.13
Long-Term Accounts Receivable	-	4.31	4.63	-	-	-
Long-Term Deferred Tax Assets	39.02	40.99	54.21	43.36	19.51	15.57
Long-Term Deferred Charges	21.02	22.28	43.19	28.68	8.76	10.13
Other Long-Term Assets	57.21	55.62	74.29	86.64	63.49	74.97
Total Assets	941.64	1,040	1,225	1,558	1,483	1,461

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	100.97	139.07	114.02	142.91	65.24	42.8
Accrued Expenses	19.12	63.79	62.23	66.49	67.93	71.19
Short-Term Debt	70.52	85.76	142.13	168.76	1.65	1
Current Portion of Leases	-	8.43	13.16	13.95	14.56	18.69
Current Income Taxes Payable	3.18	0.08	0.06	0.78	0.12	5.94
Current Unearned Revenue	93.36	105.25	123.16	132.85	152.49	95.86
Other Current Liabilities	54.84	26.87	33.24	20.88	14.47	4.13
Total Current Liabilities	350.29	429.25	488.01	546.62	316.46	239.61
Long-Term Leases	31.09	34.69	28.63	22.83	11.83	21.63
Long-Term Unearned Revenue	0.03	0.05	0.09	0.11	-	-
Long-Term Deferred Tax Liabilities	4.52	5.18	3.94	4.65	4.28	0.19
Other Long-Term Liabilities	0.84	1.12	1.75	1.68	-	-
Total Liabilities	386.77	470.29	522.41	575.88	332.57	261.43

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	87	60.33	60.51	60	60	60
Additional Paid-In Capital	701.99	735.57	737.22	724.25	723.83	724.51
Retained Earnings	-236.5	-223.86	-95.51	186.57	363.1	414.61
Treasury Stock	-	-6.75	-10.41	-	-	-
Comprehensive Income & Other	-0.02	1.85	3.26	2.34	-0.18	-0.02
Total Common Equity	552.47	567.14	695.07	973.16	1,147	1,199
Minority Interest	2.39	2.73	8.01	8.66	3.31	0.74
Shareholders' Equity	554.87	569.87	703.07	981.82	1,150	1,200
Total Liabilities & Equity	941.64	1,040	1,225	1,558	1,483	1,461

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	109.91	128.88	183.91	205.54	28.04	41.33
Net Cash (Debt)	189.31	220.06	194.13	467.67	657.82	778.67
Net Cash Growth	-24.97%	13.35%	-58.49%	-28.90%	-15.52%	174.33%
Net Cash Per Share	2.22	2.53	2.23	5.37	7.56	9.33
Filing Date Shares Outstanding	85.09	87.48	87.73	87	87	87
Total Common Shares Outstanding	85.09	87.48	87.73	87	87	87
Working Capital	303.37	285.53	316.5	634.73	859.79	949.24
Book Value Per Share	6.49	6.48	7.92	11.19	13.18	13.78
Tangible Book Value	552.46	544.75	665.83	930.53	1,124	1,197
Tangible Book Value Per Share	6.49	6.23	7.59	10.70	12.92	13.76
Buildings	-	40.86	44.98	53.12	105.56	86.03
Machinery	-	35.84	48.93	57.68	36.73	24.79
Construction In Progress	-	6.15	6.15	26.86	-	-