SHE:300982 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	693.27	446.21	838.46	749.85	1,931	559.42
Short-Term Investments	38.05	48.95	84.35	-	-	-
Trading Asset Securities	779.95	1,059	684.66	798.17	-	271.5
Cash & Short-Term Investments	1,511	1,554	1,607	1,548	1,931	830.93
Cash Growth	10.21%	-3.33%	3.84%	-19.84%	132.42%	65.72%
Accounts Receivable	935.67	1,153	1,514	2,077	1,778	1,115
Other Receivables	23.96	20.99	27.6	31.27	32.71	50.08
Receivables	959.62	1,174	1,542	2,108	1,811	1,166
Inventory	206.08	248.65	289.66	187	199.39	73.72
Prepaid Expenses	55.35	9.63	0.69	-	-	-
Other Current Assets	33.34	72.21	119.28	169.79	116.04	60.07
Total Current Assets	2,766	3,059	3,559	4,013	4,058	2,130
Property, Plant & Equipment	982.56	914.31	736.81	552.99	339.97	186.47
Long-Term Investments	102.49	55.46	58	25.68	8.68	7.48
Other Intangible Assets	73.96	75.65	79.62	81.24	82.66	40.26
Long-Term Deferred Tax Assets	45.75	57.13	52.12	58.12	32.07	16.59
Long-Term Deferred Charges	3.12	0.13	0.14	0.53	0.43	0.15
Other Long-Term Assets	47.31	43.02	117.62	138.11	226.72	45.78
Total Assets	4,021	4,204	4,603	4,870	4,748	2,427

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	620.44	798.59	1,133	1,230	1,116	735.07
Accrued Expenses	33.97	53.86	38.56	19.72	3.4	11.37
Short-Term Debt	1.04	1.04	1.04	149.43	199.75	-
Current Portion of Leases	8.07	5.54	1.95	1.78	1.88	2.15
Current Income Taxes Payable	0.16	0.06	1.92	9.07	23.32	25.75
Current Unearned Revenue	234.74	193.25	244.84	242.47	278.75	137
Other Current Liabilities	161.26	197.07	126.43	68.13	56.95	36.88
Total Current Liabilities	1,060	1,249	1,547	1,721	1,680	948.21
Long-Term Leases	84.89	73.99	21.31	1.08	0.78	1.86
Long-Term Unearned Revenue	0.35	0.35	0.35	-	-	-
Long-Term Deferred Tax Liabilities	0.02	0.02	0.03	-	-	0.23
Other Long-Term Liabilities	24.68	22.04	20.5	20.98	21.11	20.77
Total Liabilities	1,170	1,346	1,590	1,743	1,702	971.07

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	206.97	206.97	206.97	206.97	171.47	140.32
Additional Paid-In Capital	1,998	1,998	1,999	2,031	2,011	622.8
Retained Earnings	745.62	751.77	904.8	882.86	864.47	692.81
Treasury Stock	-100.1	-100.1	-100.1	-	-	-
Comprehensive Income & Other	1.13	1.18	-0.04	-0.09	-0.09	-0.02
Total Common Equity	2,851	2,858	3,010	3,121	3,046	1,456
Minority Interest	-	0.89	3.63	6.4	-0.36	0.03
Shareholders' Equity	2,851	2,859	3,014	3,127	3,046	1,456
Total Liabilities & Equity	4,021	4,204	4,603	4,870	4,748	2,427

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	94	80.58	24.3	152.28	202.42	4.01
Net Cash (Debt)	1,417	1,473	1,583	1,396	1,729	826.91
Net Cash Growth	5.77%	-6.94%	13.43%	-19.27%	109.07%	66.24%
Net Cash Per Share	6.75	6.97	6.31	6.78	10.27	5.35
Filing Date Shares Outstanding	202.2	202.2	202.2	205.66	205.77	168.38
Total Common Shares Outstanding	202.2	202.2	202.2	205.66	205.77	168.38
Working Capital	1,706	1,809	2,012	2,293	2,377	1,182
Book Value Per Share	14.10	14.13	14.89	15.18	14.81	8.65
Tangible Book Value	2,777	2,782	2,931	3,040	2,964	1,416
Tangible Book Value Per Share	13.74	13.76	14.49	14.78	14.40	8.41
Buildings	782.58	799.17	714.74	389.32	187.83	91.35
Machinery	119.31	110.24	102.54	80.25	57.97	49.08
Construction In Progress	175.17	89.92	12.03	157.97	149.28	91.17