SHE:301070 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	202.1	214.86	213.83	168.82	84.6	172.78
Short-Term Investments	-	95.82	-	35	25	-
Trading Asset Securities	47.95	63.48	176.41	266.27	392.1	403.89
Cash & Short-Term Investments	250.05	374.16	390.23	470.09	501.7	576.66
Cash Growth	-27.69%	-4.12%	-16.99%	-6.30%	-13.00%	238.97%
Accounts Receivable	83.6	51.17	63.82	74.52	65.13	65.84
Other Receivables	12.32	9.7	1.04	2.94	20.71	1.76
Receivables	95.92	60.87	64.85	77.46	85.84	67.6
Inventory	46.67	36.76	60.68	94.86	63.22	58.89
Other Current Assets	52.6	12.73	6.27	14.39	8.37	6.44
Total Current Assets	445.23	484.51	522.03	656.8	659.14	709.6
Property, Plant & Equipment	359.51	372.05	297.59	297.89	237.86	162.64
Long-Term Investments	100.8	42.29	83.57	55.87	9.84	-
Goodwill	9.21	9.21	9.13	9.13	9.13	9.13
Other Intangible Assets	34.92	36.37	37.74	24.31	22.37	27.02
Long-Term Deferred Tax Assets	4.08	3.6	3.94	4.04	2.62	2.65
Long-Term Deferred Charges	3.65	4.03	4.28	4.37	2.3	3.28
Other Long-Term Assets	-	-	-	-	15.76	-
Total Assets	957.4	952.06	958.27	1,052	959.02	914.31

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	75.93	75.84	91.89	101.43	63.22	32.32
Accrued Expenses	5.6	14.9	15.65	16.4	17.31	14.98
Short-Term Debt	34.01	10.01	0.95	19.02	-	10.54
Current Portion of Long-Term Debt	1.28	30.07	10.28	7.89	-	-
Current Portion of Leases	-	1.11	2.83	3.49	2.87	2.61
Current Income Taxes Payable	6.64	0.1	0.03	0.03	0.86	2.87
Current Unearned Revenue	9.1	6.86	9.01	18.19	11.81	5.39
Other Current Liabilities	13.93	12.92	5.12	7.77	9.53	10
Total Current Liabilities	146.48	151.82	135.75	174.22	105.6	78.72
Long-Term Debt	3.42	3.73	32.3	40.97	50.5	40.54
Long-Term Leases	1.5	1.57	8.98	13.82	9.27	1.54
Long-Term Unearned Revenue	3.49	3.68	6.31	0.29	0.4	0.52
Long-Term Deferred Tax Liabilities	0.21	0.24	0.24	0.31	1.32	1.05
Other Long-Term Liabilities	-	-	-	1.35	1.06	1.09
Total Liabilities	155.09	161.03	183.58	230.96	168.15	123.47

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	126.17	90.23	64.56	64.56	64.56	64.56
Additional Paid-In Capital	353.83	389.81	421.64	419.41	414.03	415.66
Retained Earnings	282.65	272.1	295.12	331.49	304.64	306.82
Treasury Stock	-20.09	-20.09	-2	-	-	-
Comprehensive Income & Other	-0.03	-0.35	-0.15	0.6	-0.04	-0.29
Total Common Equity	742.54	731.7	779.16	816.06	783.18	786.74
Minority Interest	59.77	59.33	-4.47	5.4	7.69	4.1
Shareholders' Equity	802.3	791.03	774.69	821.47	790.87	790.84
Total Liabilities & Equity	957.4	952.06	958.27	1,052	959.02	914.31

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	40.2	46.49	55.33	85.18	62.64	55.24
Net Cash (Debt)	209.84	327.66	334.9	384.91	439.06	521.42
Net Cash Growth	-28.50%	-2.16%	-12.99%	-12.33%	-15.79%	237.57%
Net Cash Per Share	1.22	1.90	2.73	3.00	3.50	5.09
Filing Date Shares Outstanding	125.81	125.81	126.46	126.53	126.53	126.53
Total Common Shares Outstanding	125.81	125.81	126.46	126.53	126.53	126.53
Working Capital	298.75	332.69	386.28	482.58	553.53	630.88
Book Value Per Share	5.90	5.82	6.16	6.45	6.19	6.22
Tangible Book Value	698.41	686.12	732.29	782.61	751.68	750.6
Tangible Book Value Per Share	5.55	5.45	5.79	6.19	5.94	5.93
Buildings	-	238.66	237.83	228.64	67.61	23.95
Machinery	-	150.17	47.94	32.62	26.62	21.41
Construction In Progress	-	2.2	0.27	3.44	115.01	129.51