SHE:301060 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	761.42	759.5	828.95	861.2	665.81	351.96
Trading Asset Securities	-	-	-	-	-	420.93
Cash & Short-Term Investments	761.42	759.5	828.95	861.2	665.81	772.89
Cash Growth	7.60%	-8.38%	-3.74%	29.35%	-13.85%	45.09%
Accounts Receivable	605.82	686.13	808.63	1,033	2,249	819.61
Other Receivables	5.14	4.92	14.54	6.08	11.83	7.89
Receivables	610.96	691.05	823.17	1,040	2,261	827.5
Inventory	246.19	269.81	306.09	367.71	401.52	139.44
Prepaid Expenses	-	-	-	0.11	8.45	-
Other Current Assets	28.17	31.45	40.43	57.97	51.56	27.23
Total Current Assets	1,647	1,752	1,999	2,327	3,389	1,767
Property, Plant & Equipment	404.48	434.04	482.58	509.74	220.96	241.11
Long-Term Investments	0.84	0.98	1.76	14.06	16.74	-
Goodwill	7.66	7.66	7.66	15.24	17.64	30.09
Other Intangible Assets	21.33	23.67	24.45	26.5	13.06	14.81
Long-Term Accounts Receivable	-	0.96	0.25	-	-	-
Long-Term Deferred Tax Assets	49.39	59.66	73.82	48.95	30.13	13.39
Long-Term Deferred Charges	14.65	12.65	30.04	37.17	49.6	32.05
Other Long-Term Assets	2.06	0.77	4.12	8.67	10.16	6.97
Total Assets	2,147	2,292	2,623	2,987	3,747	2,105

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	318.8	402.62	388.99	502.36	858.69	253.03
Accrued Expenses	16.71	50.27	61.98	50.07	253.64	90.24
Short-Term Debt	-	25.01	95.11	214.59	182.16	2
Current Portion of Long-Term Debt	16.33	28.99	15.14	15.15	-	-
Current Portion of Leases	-	8.05	12.08	10.77	16.81	13.67
Current Income Taxes Payable	6.64	3.66	12.54	9.73	51.76	28.91
Current Unearned Revenue	29.32	7.24	15.12	6.6	28.73	9.28
Other Current Liabilities	19.28	5.32	14.64	13.55	22.03	15.85
Total Current Liabilities	407.07	531.18	615.59	822.83	1,414	412.98
Long-Term Debt	92	104	133.7	145.77	-	-
Long-Term Leases	5.9	5.38	18.27	21.07	45.62	50.03
Long-Term Unearned Revenue	4.94	6.71	10.42	11.94	14.68	2.66
Other Long-Term Liabilities	-	0.12	25.02	5.09	-	-
Total Liabilities	509.92	647.39	803	1,007	1,474	465.67

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	400.52	400.52	400.52	400.52	400.52	400.52
Additional Paid-In Capital	555.57	554.76	553.96	553.96	553.96	552.8
Retained Earnings	618.52	616.86	727.31	836.75	1,109	611.62
Treasury Stock	-23.01	-23.01	-23.01	-10.26	-	-
Comprehensive Income & Other	-0.65	-0.65	-0.65	-0.65	-	-
Total Common Equity	1,551	1,548	1,658	1,780	2,063	1,565
Minority Interest	86.29	96.35	162.21	199.85	209.49	74.88
Shareholders' Equity	1,637	1,645	1,820	1,980	2,273	1,640
Total Liabilities & Equity	2,147	2,292	2,623	2,987	3,747	2,105

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	114.23	171.44	274.29	407.35	244.59	65.7
Net Cash (Debt)	647.2	588.06	554.66	453.85	421.22	707.19
Net Cash Growth	33.94%	6.02%	22.21%	7.75%	-40.44%	32.75%
Net Cash Per Share	2.20	1.53	1.37	1.12	1.05	2.01
Filing Date Shares Outstanding	384.77	398.52	398.52	399.77	400.52	400.52
Total Common Shares Outstanding	384.77	398.52	398.52	399.77	400.52	400.52
Working Capital	1,240	1,221	1,383	1,504	1,975	1,354
Book Value Per Share	4.03	3.89	4.16	4.45	5.15	3.91
Tangible Book Value	1,522	1,517	1,626	1,739	2,033	1,520
Tangible Book Value Per Share	3.96	3.81	4.08	4.35	5.07	3.80
Buildings	-	334.17	337.04	333.02	58.77	28.94
Machinery	-	305.35	332.87	342	296.39	290.65
Construction In Progress	-	10.94	0.99	9.52	-	16.98