SHE:301197 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	413.07	614.56	637.86	628.78	412.73	132
Short-Term Investments	-	10.91	10.58	51.42	50.26	5
Trading Asset Securities	142.99	1.17	51.91	41.82	267.14	27.86
Cash & Short-Term Investments	556.06	626.64	700.35	722.02	730.14	164.86
Cash Growth	-4.10%	-10.53%	-3.00%	-1.11%	342.87%	2.24%
Accounts Receivable	536.51	599.29	498.69	456.98	392.93	336.05
Other Receivables	15.48	3.92	5.18	7.1	6.1	3.77
Receivables	551.99	603.2	503.87	464.08	419.03	339.82
Inventory	102.47	85.34	163.31	175.57	135.73	98.26
Prepaid Expenses	-	-	-	-	0	-
Other Current Assets	23.75	35.05	31.36	19.44	20.37	23.78
Total Current Assets	1,234	1,350	1,399	1,381	1,305	626.72
Property, Plant & Equipment	199.98	179.29	80.32	75.34	70.08	83.38
Long-Term Investments	112.72	115.12	124.12	59.71	11.66	14.69
Other Intangible Assets	31.99	32.65	29.82	12.25	8.46	2.95
Long-Term Accounts Receivable	7.71	9.07	21.66	27.07	3.53	-
Long-Term Deferred Tax Assets	38.99	37.75	29.72	22.52	18.22	13.51
Long-Term Deferred Charges	3.38	3.49	0.52	0.54	0.47	0.53
Other Long-Term Assets	3.6	8.2	98.84	98.84	75.6	24.6
Total Assets	1,633	1,736	1,784	1,677	1,493	766.39

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	75.64	120.79	131.66	124.76	101.8	94.54
Accrued Expenses	5.02	28.4	27.93	16.92	9.5	18.23
Short-Term Debt	110.61	111.94	170.29	109.83	17.24	0.35
Current Portion of Long-Term Debt	9.68	5.62	0.4	-	-	-
Current Portion of Leases	0.55	0.54	-	-	-	0.82
Current Income Taxes Payable	0.05	1.57	10.82	8.57	8.44	8.55
Current Unearned Revenue	29.65	39.09	46.83	45.83	31.9	46.43
Other Current Liabilities	13.98	7.83	7.52	8.61	8.3	9.44
Total Current Liabilities	245.18	315.78	395.45	314.52	177.19	178.36
Long-Term Debt	68.58	66.9	3.6	-	-	-
Long-Term Leases	3.66	2.84	-	-	-	-
Long-Term Unearned Revenue	4.74	4.89	5.3	5.68	4.18	3.76
Long-Term Deferred Tax Liabilities	-	-	-	0.01	0.21	0.29
Other Long-Term Liabilities	1.07	1.15	1.25	0.99	0.53	-
Total Liabilities	323.25	391.57	405.61	321.2	182.11	182.41

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	120.54	120.54	120.54	120.54	120.54	90.41
Additional Paid-In Capital	855.02	854.33	854.08	853.16	853.16	197.17
Retained Earnings	407.78	439.89	419.85	376.01	331.4	290.85
Treasury Stock	-86.84	-81.99	-21.76	-	-	-
Total Common Equity	1,297	1,333	1,373	1,350	1,305	578.42
Minority Interest	12.87	11.47	5.58	6.48	6.08	5.55
Shareholders' Equity	1,309	1,344	1,378	1,356	1,311	583.97
Total Liabilities & Equity	1,633	1,736	1,784	1,677	1,493	766.39

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	193.09	187.85	174.3	109.83	17.24	1.17
Net Cash (Debt)	362.96	438.79	526.06	612.19	712.9	163.69
Net Cash Growth	-7.08%	-16.59%	-14.07%	-14.13%	335.51%	8.23%
Net Cash Per Share	3.14	3.74	4.44	5.08	7.03	1.81
Filing Date Shares Outstanding	115	115	116.75	120.54	120.54	90.41
Total Common Shares Outstanding	115	115.23	118.91	120.54	120.54	90.41
Working Capital	989.08	1,034	1,003	1,067	1,128	448.36
Book Value Per Share	11.27	11.57	11.54	11.20	10.83	6.40
Tangible Book Value	1,265	1,300	1,343	1,337	1,297	575.47
Tangible Book Value Per Share	11.00	11.28	11.29	11.10	10.76	6.37
Buildings	172.79	172.79	75.12	75.12	60.44	59.8
Machinery	94.11	92.23	79.32	57.58	56.46	57.85
Construction In Progress	27.08	5.74	-	-	-	-