SHE:301038 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	290.86	501.16	604.67	473.11	592.92	555.28
Short-Term Investments	-	32.65	-	-	-	-
Trading Asset Securities	180.67	120.08	-	-	-	-
Cash & Short-Term Investments	471.53	653.89	604.67	473.11	592.92	555.28
Cash Growth	20.59%	8.14%	27.81%	-20.21%	6.78%	38.55%
Accounts Receivable	1,008	938.95	917.88	915.21	897.5	840.81
Other Receivables	11.61	7.41	8.64	9.81	7.54	8.08
Receivables	1,024	947.8	927.25	925.02	905.62	850.02
Inventory	0.94	-	-	21.65	-	38.5
Prepaid Expenses	0.22	-	0	0.07	-	-
Other Current Assets	16.92	9.7	9.66	12.41	14.36	25.68
Total Current Assets	1,513	1,611	1,542	1,432	1,513	1,469
Property, Plant & Equipment	220.06	224.12	235.21	220.95	153.11	159.76
Long-Term Investments	29.36	34.52	33.58	32.53	27.58	20.36
Other Intangible Assets	59.24	61.71	67.78	66.13	65.62	69.29
Long-Term Deferred Tax Assets	96.26	91.12	84.51	78.81	59.94	30.41
Long-Term Deferred Charges	4.31	6.05	9.29	10.33	10.9	37
Other Long-Term Assets	0.08	0.37	0.95	-	-	-
Total Assets	1,923	2,029	1,973	1,841	1,830	1,786

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	598.81	643.88	627.84	556.29	456.3	348.49
Accrued Expenses	171.95	227.17	205.57	183.31	177.79	167.76
Short-Term Debt	10	10	6	6.89	13.01	3.28
Current Portion of Leases	2.66	2.06	2.88	5.46	12.56	15.4
Current Income Taxes Payable	2.53	6.12	2.63	5.08	11.47	13.85
Current Unearned Revenue	137.01	130.06	176.2	201.13	168.59	218.54
Other Current Liabilities	78.41	77.58	53.42	30.56	107.7	54.72
Total Current Liabilities	1,001	1,097	1,075	988.71	947.42	822.05
Long-Term Leases	1.81	0.94	0.92	6.21	8.15	16.15
Long-Term Unearned Revenue	1.08	0.45	0.15	0.51	0.94	0.3
Long-Term Deferred Tax Liabilities	0.76	0.45	0.58	1.71	3.05	-
Other Long-Term Liabilities	-	-	-	-	-	5.5
Total Liabilities	1,005	1,099	1,076	997.14	959.56	843.99

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	223.08	223.08	171.6	171.6	171.6	132
Additional Paid-In Capital	386.07	386.07	437.55	437.55	437.55	477.15
Retained Earnings	308.54	321.45	284.52	231.69	261.35	333.17
Total Common Equity	917.69	930.59	893.67	840.84	870.5	942.31
Minority Interest	-0	-	3.04	3.04	-0	-
Shareholders' Equity	917.69	930.59	896.71	843.87	870.5	942.31
Total Liabilities & Equity	1,923	2,029	1,973	1,841	1,830	1,786

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	14.47	12.99	9.8	18.56	33.72	34.83
Net Cash (Debt)	457.06	640.9	594.87	454.55	559.2	520.45
Net Cash Growth	20.54%	7.74%	30.87%	-18.71%	7.45%	29.86%
Net Cash Per Share	2.05	2.87	2.67	2.04	2.51	2.73
Filing Date Shares Outstanding	223.08	223.08	223.08	223.08	223.08	223.08
Total Common Shares Outstanding	223.08	223.08	223.08	223.08	223.08	223.08
Working Capital	512.03	514.53	467.04	443.55	565.48	647.43
Book Value Per Share	4.11	4.17	4.01	3.77	3.90	4.22
Tangible Book Value	858.45	868.88	825.89	774.71	804.88	873.02
Tangible Book Value Per Share	3.85	3.89	3.70	3.47	3.61	3.91
Buildings	227.89	227.89	227.89	192.99	10.7	10.7
Machinery	202.93	203.81	202.28	222.95	220.64	211.86
Construction In Progress	-	-	-	2.19	87.81	45.39