SHE:301077 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	778.24	895.88	993.45	1,044	998.12	965.82
Trading Asset Securities	270.2	82.11	135.44	0.13	5	-
Cash & Short-Term Investments	1,048	977.99	1,129	1,044	1,003	965.82
Cash Growth	-5.46%	-13.37%	8.12%	4.08%	3.86%	684.58%
Accounts Receivable	192.2	118.31	139.4	129.73	126.48	116.41
Other Receivables	6.12	4.79	4.06	4.15	2.36	18.04
Receivables	198.32	123.09	143.46	133.88	128.85	134.45
Inventory	234.03	150.4	143.16	147.6	164.95	115.97
Prepaid Expenses	-	0.65	0.4	0.53	0.77	0.17
Other Current Assets	55.42	17.23	18.66	14.83	11.59	14.2
Total Current Assets	1,536	1,269	1,435	1,341	1,309	1,231
Property, Plant & Equipment	373.41	356.7	368.76	344.54	259.39	233.03
Long-Term Investments	0.06	0.06	0.06	-	2	-
Other Intangible Assets	70.09	70.66	71.9	73.63	64.3	42.66
Long-Term Accounts Receivable	-	-	3.09	6.08	-	-
Long-Term Deferred Tax Assets	6.5	4.32	4.33	3.4	2.27	2.21
Long-Term Deferred Charges	1.85	1.18	1.32	2.33	4.19	4.62
Other Long-Term Assets	15.36	9.78	4.52	6.05	6.07	23.77
Total Assets	2,097	1,712	1,889	1,777	1,647	1,537

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	207.21	122.92	132.71	126.36	134.94	116.33
Accrued Expenses	16.77	27.97	29.8	21.77	13.92	18.32
Short-Term Debt	419.15	307.96	438.66	299.7	189.64	30.04
Current Portion of Long-Term Debt	4.43	1.49	1.05	45.05	5	7.76
Current Portion of Leases	-	0.64	2.55	1.34	2.41	2.9
Current Income Taxes Payable	6.39	3.67	7.16	7.4	2.88	10.44
Current Unearned Revenue	40.12	18.42	13.51	11.62	13.37	13.72
Other Current Liabilities	82.64	15.74	20.8	22.74	19.66	43.29
Total Current Liabilities	776.7	498.81	646.24	535.99	381.83	242.8
Long-Term Debt	109.65	43.89	14.96	5	45.04	52.07
Long-Term Leases	4.26	1.04	1.83	3.35	0.24	1.59
Long-Term Deferred Tax Liabilities	0.34	0.47	0.76	0.96	1.15	-
Other Long-Term Liabilities	-	1.28	-	-	-	-
Total Liabilities	890.95	545.49	663.78	545.3	428.26	296.46

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	170.08	170.08	120	120	120	60
Additional Paid-In Capital	617.97	617.75	764.6	762.64	761.99	821.34
Retained Earnings	396.91	380.49	394.76	350.71	337.24	359.1
Treasury Stock	-	-	-52.98	-	-	-
Comprehensive Income & Other	-1.77	-1.73	-1.65	-1.7	-	-
Total Common Equity	1,183	1,167	1,225	1,232	1,219	1,240
Minority Interest	22.69	-	-	-	-0	-
Shareholders' Equity	1,206	1,167	1,225	1,232	1,219	1,240
Total Liabilities & Equity	2,097	1,712	1,889	1,777	1,647	1,537

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	537.49	355.02	459.05	354.44	242.34	94.36
Net Cash (Debt)	510.95	622.98	669.84	689.64	760.78	871.46
Net Cash Growth	-15.38%	-7.00%	-2.87%	-9.35%	-12.70%	1296.47%
Net Cash Per Share	3.02	3.66	3.82	3.93	4.35	6.10
Filing Date Shares Outstanding	167.15	170.08	172.16	175.2	175.2	175.2
Total Common Shares Outstanding	167.15	170.08	172.16	175.2	175.2	175.2
Working Capital	759.51	770.56	788.32	804.94	927.45	987.81
Book Value Per Share	7.08	6.86	7.11	7.03	6.96	7.08
Tangible Book Value	1,020	1,096	1,153	1,158	1,155	1,198
Tangible Book Value Per Share	6.10	6.44	6.70	6.61	6.59	6.84
Buildings	-	306.99	215.18	139.84	139.84	75.72
Machinery	-	160.57	170.2	158.34	135.91	108.93
Construction In Progress	-	5.6	79.85	120.86	41.3	84.61