SHE:300988 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	181.89	213.06	238.21	280.62	239.91	279.15
Short-Term Investments	-	-	-	30	-	-
Trading Asset Securities	2.8	-	-	0.03	-	50
Cash & Short-Term Investments	184.69	213.06	238.21	310.65	239.91	329.15
Cash Growth	-10.76%	-10.56%	-23.32%	29.49%	-27.11%	519.02%
Accounts Receivable	541.4	433.33	509.26	404.66	284.91	273.88
Other Receivables	15.38	97.37	20.79	5.19	2.06	2.12
Receivables	556.78	530.7	530.05	409.85	286.97	276
Inventory	525.71	471.67	430.4	411.85	328.87	330.17
Other Current Assets	86.22	76.01	60.49	79.06	36.86	32.73
Total Current Assets	1,353	1,291	1,259	1,211	892.61	968.05
Property, Plant & Equipment	816.3	808.26	714.1	517.75	366.56	271.76
Long-Term Investments	136.33	98.24	74.59	32	38.38	5.38
Goodwill	-	-	-	70.84	-	-
Other Intangible Assets	94.71	96.87	98.89	125.55	52.23	38.64
Long-Term Deferred Tax Assets	13.57	12.84	12.28	17.79	8.46	5.57
Long-Term Deferred Charges	14.19	14.93	5.34	9.08	4.43	1.32
Other Long-Term Assets	10.21	26.66	33.19	15.28	50.18	18.54
Total Assets	2,439	2,349	2,198	2,000	1,413	1,309

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	422.61	408.38	400.81	306.85	269	273.23
Accrued Expenses	17.22	24.21	15.96	41.51	12.38	13.15
Short-Term Debt	411	371.55	399.18	339.7	132.56	101.2
Current Portion of Long-Term Debt	78.96	82.44	13	45.28	-	-
Current Portion of Leases	9.91	8.96	9.64	10.9	7.76	9.29
Current Income Taxes Payable	6.18	0.77	5.35	3.61	2.01	0.58
Current Unearned Revenue	16.77	6.49	11.07	11.89	7.76	3.18
Other Current Liabilities	11.75	10.68	9.22	11.06	23.46	5.78
Total Current Liabilities	974.39	913.49	864.22	770.82	454.93	406.42
Long-Term Debt	124.76	136.16	112.27	10.87	-	-
Long-Term Leases	26.99	26.27	25.04	18.94	13.64	13.64
Long-Term Unearned Revenue	0.15	0.18	0.26	2.44	2.74	3.08
Long-Term Deferred Tax Liabilities	-	-	-	12.57	3.72	-
Other Long-Term Liabilities	0.01	0.01	0.5	1.56	-	-
Total Liabilities	1,126	1,076	1,002	817.2	475.03	423.13

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	196.96	140.3	140.3	140.3	132.98	73.88
Additional Paid-In Capital	581.68	630.04	624.72	624.72	489.51	548.77
Retained Earnings	546.11	506.41	438.53	386.12	316.18	255
Comprehensive Income & Other	-5.2	2.54	-3.89	0.19	-0.84	-4.65
Total Common Equity	1,320	1,279	1,200	1,151	937.84	873.01
Minority Interest	-7.13	-6.17	-4.4	31.17	-0.01	13.13
Shareholders' Equity	1,312	1,273	1,195	1,183	937.83	886.13
Total Liabilities & Equity	2,439	2,349	2,198	2,000	1,413	1,309

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	651.61	625.38	559.12	425.69	153.95	124.13
Net Cash (Debt)	-466.91	-412.33	-320.9	-115.04	85.96	205.02
Net Cash Growth	-	-	-	-	-58.07%	-
Net Cash Per Share	-2.36	-2.10	-1.63	-0.59	0.46	1.22
Filing Date Shares Outstanding	196.96	196.42	196.42	196.42	186.18	186.18
Total Common Shares Outstanding	196.96	196.42	196.42	196.42	186.18	186.18
Working Capital	379.01	377.95	394.93	440.6	437.68	561.64
Book Value Per Share	6.70	6.51	6.11	5.86	5.04	4.69
Tangible Book Value	1,225	1,182	1,101	954.94	885.61	834.36
Tangible Book Value Per Share	6.22	6.02	5.60	4.86	4.76	4.48
Buildings	552.03	553.5	253.66	165.08	164.84	70.9
Machinery	495.72	472.01	414.39	393.26	334.48	276.53
Construction In Progress	74.71	56.8	263.3	141.02	17.22	48.13