SHE:301083 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	199.52	237.36	194.69	306.53	550.76	561.5
Short-Term Investments	-	199.49	146.88	10.08	15.8	-
Trading Asset Securities	189.01	163.52	217.54	117.79	50.28	-
Cash & Short-Term Investments	388.53	600.37	559.11	434.4	616.85	561.5
Cash Growth	-27.32%	7.38%	28.71%	-29.58%	9.86%	278.31%
Accounts Receivable	84.7	79.5	101.63	62.37	76.24	86.44
Other Receivables	5.04	3.11	2.72	1.07	0.56	0.78
Receivables	89.74	82.61	104.35	63.44	76.8	87.22
Inventory	69.59	76.97	71	86.55	79.48	77.51
Prepaid Expenses	-	1.13	0.01	-	-	-
Other Current Assets	156.31	20.74	7.33	98.76	4.81	14.86
Total Current Assets	704.16	781.83	741.8	683.15	777.94	741.1
Property, Plant & Equipment	413.37	209.6	152.98	145.35	119.18	96.84
Long-Term Investments	3.32	4.72	64.39	121.31	-	-
Other Intangible Assets	46.46	47.59	45.57	44.16	40.38	40.4
Long-Term Accounts Receivable	-	12.36	25.89	19.21	1.97	14.64
Long-Term Deferred Tax Assets	6.99	5.18	9.91	5.83	4.78	4.21
Long-Term Deferred Charges	8.61	0.16	0.29	0.41	1.14	2.19
Other Long-Term Assets	7.16	-	-	0.05	0.05	2.1
Total Assets	1,190	1,061	1,041	1,019	945.45	901.47

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
Accounts Payable	109.98	148.14	158.92	148.65	108.05	121.27
Accrued Expenses	4.8	10.1	12.6	11.52	10.72	15.01
Short-Term Debt	88.04	-	-	-	-	-
Current Portion of Leases	-	0.32	0.91	0.44	0.34	0.17
Current Income Taxes Payable	1.19	0.81	3.2	0.43	0.4	2.54
Current Unearned Revenue	6.66	10.8	9.49	12.31	10.78	6.72
Other Current Liabilities	14.46	14.39	12.23	13.46	13.16	12.64
Total Current Liabilities	227.64	184.57	197.35	186.8	143.45	158.35
Long-Term Leases	113.1	24.36	0.3	0.01	0.38	-
Long-Term Unearned Revenue	8.03	8.17	8.46	8.67	8.85	8.03
Long-Term Deferred Tax Liabilities	0.23	0.22	0.55	0.31	0.23	-
Other Long-Term Liabilities	-	-	0.07	0.06	0.37	0.34
Total Liabilities	349	217.32	206.72	195.85	153.27	166.72

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	177.87	177.87	177.87	177.87	177.87	177.87
Additional Paid-In Capital	373.73	373.73	373.73	373.73	373.73	373.73
Retained Earnings	278.62	282.46	273.3	261.62	232.66	177.31
Total Common Equity	830.22	834.05	824.9	813.22	784.26	728.91
Minority Interest	10.85	10.06	9.21	10.41	7.92	5.84
Shareholders' Equity	841.07	844.12	834.1	823.63	792.18	734.74
Total Liabilities & Equity	1,190	1,061	1,041	1,019	945.45	901.47

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
Total Debt	203.65	24.68	1.21	0.45	0.72	0.17
Net Cash (Debt)	184.88	575.69	557.9	433.95	616.13	561.34
Net Cash Growth	-65.36%	3.19%	28.56%	-29.57%	9.76%	278.20%
Net Cash Per Share	1.04	3.24	3.14	2.44	3.46	3.93
Filing Date Shares Outstanding	178.34	177.87	177.87	177.87	177.87	177.87
Total Common Shares Outstanding	178.34	177.87	177.87	177.87	177.87	177.87
Working Capital	476.52	597.26	544.45	496.35	634.49	582.75
Book Value Per Share	4.66	4.69	4.64	4.57	4.41	4.10
Tangible Book Value	783.76	786.46	779.33	769.05	743.87	688.51
Tangible Book Value Per Share	4.39	4.42	4.38	4.32	4.18	3.87
Buildings	-	143.06	142.72	73.02	73.02	73.54
Machinery	-	92.82	89.45	90.47	89.64	81.98
Construction In Progress	-	8.3	2.94	59.33	23.58	1.49