SHE:301173 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	Dec '21 Dec 31, 2021
Cash & Equivalents	131.69	257.19	125.46	333.8	323.61	351.99
Trading Asset Securities	923	703	171	60	30	-
Cash & Short-Term Investments	1,055	960.19	296.46	393.8	353.61	351.99
Cash Growth	29.38%	223.88%	-24.72%	11.36%	0.46%	156.76%
Accounts Receivable	532.93	723.4	871.77	1,362	1,092	789.29
Other Receivables	4.28	4.24	4.08	2.88	2.34	1.97
Receivables	537.2	727.64	875.86	1,365	1,094	791.26
Inventory	365.9	365.33	388.28	399.23	343.48	379.07
Prepaid Expenses	-	7.56	9.47	9.05	0.81	0.64
Other Current Assets	32.23	21.07	44.69	20.05	15.32	20.29
Total Current Assets	1,990	2,082	1,615	2,187	1,808	1,543
Property, Plant & Equipment	354.16	372.66	461.46	421.02	340.63	340.33
Long-Term Investments	44.35	21.35	-	-	-	-
Other Intangible Assets	40.7	43.23	56.94	54.37	56.11	52.07
Long-Term Accounts Receivable	-	8.01	8.22	6.16	1.53	5.42
Long-Term Deferred Tax Assets	41.56	44.38	47.7	36.42	24.62	24.5
Long-Term Deferred Charges	58.47	43.96	59.26	59.21	82.09	62.58
Other Long-Term Assets	41.03	37.26	10.21	14.4	1.13	3.99
Total Assets	2,570	2,653	2,259	2,779	2,314	2,032

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	Dec '21 Dec 31, 2021
Accounts Payable	795.11	874.91	958.81	1,779	1,393	1,245
Accrued Expenses	31.07	53.8	53.19	56.58	51.44	30.9
Short-Term Debt	-	-	40.03	41.04	245.3	304.48
Current Portion of Long-Term Debt	12.5	-	-	0.04	-	6.01
Current Portion of Leases	-	11.16	13.36	9.41	12.23	9.37
Current Income Taxes Payable	20.09	10.78	26.99	17.13	17.08	1.31
Current Unearned Revenue	14.42	15.73	4.04	7.51	5.34	3.53
Other Current Liabilities	31.83	36.61	111.89	50.94	37.25	56.87
Total Current Liabilities	905.03	1,003	1,208	1,961	1,761	1,658
Long-Term Debt	-	-	82.41	40.06	-	-
Long-Term Leases	54.75	59.1	80.4	79.48	37.17	41.08
Long-Term Unearned Revenue	7.75	8.63	11.86	11.71	9.08	8.51
Long-Term Deferred Tax Liabilities	11.38	12.72	18.29	15.78	8.34	10.09
Other Long-Term Liabilities	42.9	41.18	41.04	31.12	22.65	32.96
Total Liabilities	1,022	1,125	1,442	2,140	1,839	1,750

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	Dec '21 Dec 31, 2021
Common Stock	87.83	87.83	65.88	65.88	65.88	60.31
Additional Paid-In Capital	851.08	847.14	310.19	304.4	299.26	182.09
Retained Earnings	619.23	594.29	441.28	270.48	110.82	39.45
Total Common Equity	1,549	1,529	817.34	640.75	475.96	281.85
Minority Interest	-0.73	-1.26	-1.12	-1.56	-0.95	-
Shareholders' Equity	1,548	1,528	816.22	639.19	475.01	281.85
Total Liabilities & Equity	2,570	2,653	2,259	2,779	2,314	2,032

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	Dec '21 Dec 31, 2021
Total Debt	67.25	70.26	216.2	170.02	294.7	360.94
Net Cash (Debt)	987.43	889.93	80.26	223.77	58.91	-8.95
Net Cash Growth	33.74%	1008.87%	-64.13%	279.87%	-	-
Net Cash Per Share	11.24	10.57	1.22	3.40	0.98	-0.16
Filing Date Shares Outstanding	87.85	87.83	87.83	65.88	65.88	56.01
Total Common Shares Outstanding	87.85	87.83	65.88	65.88	65.88	56.01
Working Capital	1,085	1,079	406.44	225.76	46.12	-114.4
Book Value Per Share	17.63	17.41	12.41	9.73	7.23	5.03
Tangible Book Value	1,508	1,486	760.4	586.38	419.85	229.78
Tangible Book Value Per Share	17.17	16.92	11.54	8.90	6.37	4.10
Buildings	-	190.61	85.14	85.14	85.18	85.15
Machinery	-	419.04	419.16	398.34	387.5	337.96
Construction In Progress	-	1.82	148.87	86.36	15.06	18.67