SHE:301067 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	158.73	124.33	109.97	91.22	235.56	370.17
Short-Term Investments	-	-	10.85	-	-	-
Trading Asset Securities	0.12	0.13	9.93	10.08	37.58	200.38
Cash & Short-Term Investments	158.85	124.46	130.74	101.3	273.14	570.55
Cash Growth	27.86%	-4.80%	29.06%	-62.91%	-52.13%	645.05%
Accounts Receivable	137.56	149.51	242.72	188.34	157.23	156.45
Other Receivables	23.3	29.91	18.13	9.64	5.51	11.5
Receivables	160.86	179.42	260.86	197.98	162.74	167.95
Inventory	142.72	135.35	206.93	159.8	133.1	124.12
Other Current Assets	48.7	45.23	44.57	55.42	30.01	5.41
Total Current Assets	511.13	484.47	643.1	514.51	598.99	868.03
Property, Plant & Equipment	422.86	435.25	389.75	487.19	379.19	120.11
Long-Term Investments	17.12	17.12	20	40.92	-	-
Goodwill	-	-	40.36	40.36	-	-
Other Intangible Assets	72.99	89.82	87.32	82.4	84.96	78.39
Long-Term Deferred Tax Assets	3.37	3.94	3.65	2.81	1.73	1.28
Long-Term Deferred Charges	23.55	24.93	26.26	25.11	6.36	7.22
Other Long-Term Assets	88.27	84.87	148.87	41.17	13.15	0.75
Total Assets	1,139	1,140	1,359	1,234	1,084	1,076

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	107.99	126.86	256.49	207.68	148.97	147.01
Accrued Expenses	21.32	26.49	27.73	20.37	18.32	16.06
Short-Term Debt	131.03	91.06	153.54	63.65	35.39	39.54
Current Portion of Long-Term Debt	22.95	13.64	5.55	0.03	-	-
Current Portion of Leases	0.59	0.78	1.91	10.25	6.85	8.49
Current Income Taxes Payable	2.22	2.14	1.23	-	1.37	2.79
Current Unearned Revenue	9.19	13.39	8.53	6.84	6.46	15.58
Other Current Liabilities	2.84	2.73	3.16	1.23	1.24	1.17
Total Current Liabilities	298.12	277.09	458.15	310.04	218.59	230.64
Long-Term Debt	83.36	85.98	38.38	42.51	-	-
Long-Term Leases	1.03	1.33	8.93	15.47	15.94	22.33
Long-Term Deferred Tax Liabilities	0.32	0.33	-	0.01	-	-
Total Liabilities	382.83	364.72	505.46	368.03	234.54	252.97

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	97.24	97.24	97.24	97.24	54.02	54.02
Additional Paid-In Capital	560.23	558.92	557.06	557.06	608.43	600.28
Retained Earnings	122.01	140.85	200.51	197.29	187.4	168.52
Treasury Stock	-20.2	-20.2	-10.84	-	-	-
Comprehensive Income & Other	-2.83	-1.13	-0.33	0.66	-	-
Total Common Equity	756.46	775.67	843.64	852.24	849.84	822.82
Minority Interest	-	-	10.2	14.2	-	-
Shareholders' Equity	756.46	775.67	853.84	866.44	849.84	822.82
Total Liabilities & Equity	1,139	1,140	1,359	1,234	1,084	1,076

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	238.97	192.79	208.31	131.92	58.18	70.36
Net Cash (Debt)	-80.12	-68.32	-77.57	-30.61	214.96	500.19
Net Cash Growth	-	-	-	-	-57.02%	1166.79%
Net Cash Per Share	-0.83	-0.71	-0.77	-0.31	2.18	6.34
Filing Date Shares Outstanding	96.35	96.35	96.35	96.81	97.24	97.24
Total Common Shares Outstanding	96.35	96.35	96.35	97.24	97.24	97.24
Working Capital	213.01	207.38	184.95	204.46	380.4	637.4
Book Value Per Share	7.85	8.05	8.76	8.76	8.74	8.46
Tangible Book Value	683.47	685.85	715.95	729.47	764.89	744.42
Tangible Book Value Per Share	7.09	7.12	7.43	7.50	7.87	7.66
Buildings	366.29	366.29	293.52	293.52	124.29	-
Machinery	163.14	161.31	167.6	144.62	97.7	69.65
Construction In Progress	-	-	-	79.38	172.97	49.32