SHE:300968 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	632.37	775.08	856.64	936.15	896.41	698.6
Short-Term Investments	-	10.96	40.64	-	-	-
Trading Asset Securities	83	45.4	60	50	20	270
Cash & Short-Term Investments	715.37	831.44	957.28	986.15	916.41	968.6
Cash Growth	-24.74%	-13.15%	-2.93%	7.61%	-5.39%	143.05%
Accounts Receivable	412.33	385.95	365.99	282.53	493.92	512.82
Other Receivables	3.98	2.52	1.95	6.48	14.8	16.94
Receivables	416.32	388.47	367.93	289.01	508.73	529.77
Inventory	273.49	270.06	171.48	194.58	237.09	305.35
Prepaid Expenses	-	0.1	0.09	0.16	0.34	0.29
Other Current Assets	16.73	18.86	9.42	9.84	22.36	15.72
Total Current Assets	1,422	1,509	1,506	1,480	1,685	1,820
Property, Plant & Equipment	509.88	466.75	471.06	509.83	577.56	494.38
Long-Term Investments	6.23	6.23	36.39	20.85	20.85	-
Other Intangible Assets	162.36	166.21	116.57	119.89	19.12	18.74
Long-Term Deferred Tax Assets	42.9	25.1	11.03	14.9	10.68	9.7
Long-Term Deferred Charges	25.18	27.7	29.86	24.75	33.05	11.85
Other Long-Term Assets	6.82	18.3	51.98	13.63	-	3.22
Total Assets	2,175	2,219	2,223	2,184	2,346	2,358

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	318.09	297.47	251.12	251.39	311.61	350.2
Accrued Expenses	42.64	45.92	34.61	36.51	55.42	54.66
Short-Term Debt	7.27	3.52	-	-	-	-
Current Portion of Leases	-	2.5	1.98	1.96	10.17	7.77
Current Income Taxes Payable	3.84	0.1	-	-	0.51	0.53
Current Unearned Revenue	19.96	7.91	21.98	4.1	8.66	8.17
Other Current Liabilities	17.05	18.74	5.71	27.64	17.98	35.93
Total Current Liabilities	413.82	376.17	315.4	321.6	404.35	457.27
Long-Term Leases	5.36	4.63	-	2.2	12.81	6.99
Long-Term Unearned Revenue	5.11	5.56	0.48	0.88	1.28	1.68
Long-Term Deferred Tax Liabilities	0.21	0.01	2.7	0.06	-	-
Other Long-Term Liabilities	0.02	0.54	0.32	0.68	-	-
Total Liabilities	424.52	386.91	318.9	325.41	418.44	465.94

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	413.38	413.38	413.38	413.38	413.38	413.38
Additional Paid-In Capital	874.16	874.16	874.16	874.16	874.16	874.16
Retained Earnings	484.13	559.58	600.56	568.21	637.91	604.7
Comprehensive Income & Other	-20.91	-14.81	16.08	2.43	2.29	-0.56
Shareholders' Equity	1,751	1,832	1,904	1,858	1,928	1,892
Total Liabilities & Equity	2,175	2,219	2,223	2,184	2,346	2,358

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	17.59	10.65	1.98	4.15	22.98	14.76
Net Cash (Debt)	697.77	820.78	955.3	982	893.42	953.84
Net Cash Growth	-26.59%	-14.08%	-2.72%	9.91%	-6.33%	139.35%
Net Cash Per Share	1.72	2.02	2.34	2.27	2.16	2.57
Filing Date Shares Outstanding	417.19	413.38	413.38	413.38	413.38	413.38
Total Common Shares Outstanding	417.19	413.38	413.38	413.38	413.38	413.38
Working Capital	1,008	1,133	1,191	1,158	1,281	1,362
Book Value Per Share	4.20	4.43	4.61	4.50	4.66	4.58
Tangible Book Value	1,588	1,666	1,788	1,738	1,909	1,873
Tangible Book Value Per Share	3.81	4.03	4.32	4.21	4.62	4.53
Buildings	-	220.97	215.07	215.07	215.07	215.07
Machinery	-	985.08	945.45	925.01	886.33	757.63
Construction In Progress	-	36.68	15.14	12.3	23.01	13.5