SHE:301230 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	91.61	59.11	84.52	204.3	763.64	108.44
Short-Term Investments	4.55	4.49	4.53	4.96	6.36	4.33
Trading Asset Securities	190.35	248.98	251.77	340.79	10.65	0.4
Cash & Short-Term Investments	286.52	312.58	340.81	550.05	780.65	113.17
Cash Growth	-17.33%	-8.29%	-38.04%	-29.54%	589.78%	1.71%
Accounts Receivable	161.4	151.35	101.79	86.25	87.74	92.35
Other Receivables	0.26	3.38	3.07	2.53	0.02	0.01
Receivables	161.67	154.73	104.86	88.78	87.76	92.36
Inventory	73.32	74.05	69.04	61.42	51.09	46.77
Prepaid Expenses	-	-	-	-	1.65	-
Other Current Assets	43.81	40.74	39.6	31.08	15.39	24.91
Total Current Assets	565.32	582.1	554.32	731.32	936.53	277.21
Property, Plant & Equipment	321.78	338.38	359.83	570.23	254.66	217.62
Long-Term Investments	77.44	33.17	20.08	10.08	-	1.9
Other Intangible Assets	9.24	8.62	8.49	8.71	8.25	7.94
Long-Term Deferred Tax Assets	50.82	47.2	30.81	10.29	2.84	2.05
Long-Term Deferred Charges	266.82	283.08	318.97	155.33	71.06	50.62
Other Long-Term Assets	11.01	21.56	23.93	1.19	27.92	0.45
Total Assets	1,302	1,314	1,316	1,487	1,301	557.81

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	52.29	62.56	52.12	114.61	39.77	50.65
Accrued Expenses	42.62	46.78	34.65	32.61	34.34	31.26
Short-Term Debt	5.76	10.01	10.01	15.92	10.01	22.34
Current Portion of Leases	23.2	25.99	20.41	18.76	9.86	9.09
Current Income Taxes Payable	-	1.02	0.92	3.33	2.21	7.46
Current Unearned Revenue	8.59	8.15	5.11	4.17	2.5	7.01
Other Current Liabilities	35.34	17.7	2.19	1.81	2.18	0.85
Total Current Liabilities	167.8	172.21	125.4	191.22	100.87	128.67
Long-Term Leases	115.45	129.3	151.29	171.67	80.43	76.92
Long-Term Unearned Revenue	0.22	0.22	0.17	-	-	-
Long-Term Deferred Tax Liabilities	5.28	4.16	3.31	3.63	2.51	0.06
Other Long-Term Liabilities	1.22	3.98	3.57	3.1	4.56	3.72
Total Liabilities	289.96	309.87	283.73	369.62	188.38	209.37

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	180.94	139.59	139.59	107.62	76.87	57.62
Additional Paid-In Capital	730.66	772.93	766.81	798.77	824.13	146.08
Retained Earnings	146	144.84	179.32	211.15	211.97	144.07
Treasury Stock	-45.09	-53.08	-53.08	-	-	-
Comprehensive Income & Other	-0.05	-0.04	0.06	-	-0.08	0.66
Shareholders' Equity	1,012	1,004	1,033	1,118	1,113	348.44
Total Liabilities & Equity	1,302	1,314	1,316	1,487	1,301	557.81

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	144.4	165.31	181.71	206.35	100.3	108.35
Net Cash (Debt)	142.12	147.27	159.11	343.69	680.35	4.82
Net Cash Growth	-12.87%	-7.44%	-53.71%	-49.48%	14005.50%	-94.56%
Net Cash Per Share	0.76	0.79	0.86	1.90	4.73	0.04
Filing Date Shares Outstanding	179.2	178.8	178.8	181.88	181.88	136.34
Total Common Shares Outstanding	179.2	178.8	178.8	181.88	181.88	136.34
Working Capital	397.52	409.88	428.92	540.1	835.66	148.54
Book Value Per Share	5.65	5.62	5.78	6.14	6.12	2.56
Tangible Book Value	1,003	995.61	1,024	1,109	1,105	340.5
Tangible Book Value Per Share	5.60	5.57	5.73	6.10	6.07	2.50
Buildings	56.6	56.6	53.88	53.88	52.56	48.86
Machinery	295.53	281.61	262.93	228.35	170.56	126.61
Construction In Progress	7.09	7.33	1.42	199.98	27.42	24.77
Order Backlog	-	-	311.78	308.14	365.31	236.88