SHE:301246 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	365.09	472.74	745.59	421.86	395.19	120.43
Short-Term Investments	308.8	258.4	379.25	292.31	90	-
Trading Asset Securities	1,196	1,128	900.32	1,466	-	-
Cash & Short-Term Investments	1,870	1,859	2,025	2,180	485.19	120.43
Cash Growth	-8.96%	-8.19%	-7.10%	349.31%	302.89%	-55.02%
Accounts Receivable	897.15	904.42	559.44	602.64	660.21	458.16
Other Receivables	58.86	46.7	79.89	141.67	87.6	45.85
Receivables	956.01	951.12	639.33	744.3	747.8	504.01
Inventory	347.86	319.01	270.53	191.51	352.95	384.48
Prepaid Expenses	0.22	0.23	0.05	-	-	-
Other Current Assets	153.59	167.23	111.29	86.43	78.98	20.72
Total Current Assets	3,328	3,297	3,046	3,202	1,665	1,030
Property, Plant & Equipment	2,512	2,364	2,292	1,910	1,620	891.27
Long-Term Investments	211.05	211.24	203.64	228.08	335.12	242.35
Other Intangible Assets	176.11	178.84	181.89	183.06	173.62	194.15
Long-Term Deferred Tax Assets	19.37	19.66	17.26	17.56	21.22	17.72
Long-Term Deferred Charges	3.24	4.08	5.52	5.95	6.86	11.98
Other Long-Term Assets	159.76	89.59	78.06	103.9	53.27	45.14
Total Assets	6,410	6,165	5,825	5,651	3,875	2,432

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	836.63	798.99	777.27	636.79	934.95	340.92
Accrued Expenses	49.22	63.64	55.28	57.54	65.7	57.98
Short-Term Debt	91.3	60.04	59.32	-	17.64	20.1
Current Portion of Long-Term Debt	108.86	95.82	77.01	65.9	66.09	2.84
Current Portion of Leases	0.8	0.75	0.74	0.6	0.56	0.53
Current Income Taxes Payable	5.83	23.07	3.56	1.15	38.29	45.65
Current Unearned Revenue	13.73	19.79	13.87	19.8	31.01	29.66
Other Current Liabilities	157.49	179.11	148.94	133.04	165.66	120.05
Total Current Liabilities	1,264	1,241	1,136	914.83	1,320	617.73
Long-Term Debt	449.64	368.34	230.36	276.12	341.67	47.22
Long-Term Leases	6.23	6.42	7.16	6.9	8.19	8.23
Long-Term Unearned Revenue	65.41	68.08	68.64	71.55	70.45	60.8
Long-Term Deferred Tax Liabilities	21.18	21.73	21.62	21.54	21.31	20.3
Total Liabilities	1,806	1,706	1,464	1,291	1,762	754.27

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	400.01	400.01	400.01	400.01	352.75	352.75
Additional Paid-In Capital	2,185	2,177	2,172	2,172	22.15	20.62
Retained Earnings	2,061	1,925	1,818	1,786	1,739	1,304
Treasury Stock	-47.15	-47.15	-32.8	-	-	-
Comprehensive Income & Other	5.87	4.97	3.37	1.89	0	0.46
Total Common Equity	4,605	4,460	4,361	4,360	2,114	1,678
Minority Interest	-1.48	-0.73	0.47	-	-	-
Shareholders' Equity	4,603	4,459	4,361	4,360	2,114	1,678
Total Liabilities & Equity	6,410	6,165	5,825	5,651	3,875	2,432

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	656.83	531.36	374.59	349.51	434.14	78.92
Net Cash (Debt)	1,213	1,328	1,651	1,831	51.05	41.51
Net Cash Growth	-14.76%	-19.55%	-9.83%	3485.91%	22.99%	-62.14%
Net Cash Per Share	3.06	3.35	4.14	4.72	0.14	0.12
Filing Date Shares Outstanding	396.81	396.81	396.81	399.9	400.01	352.75
Total Common Shares Outstanding	396.81	396.81	397.89	400.01	352.75	352.75
Working Capital	2,064	2,056	1,910	2,287	345.02	411.91
Book Value Per Share	11.60	11.24	10.96	10.90	5.99	4.76
Tangible Book Value	4,429	4,281	4,179	4,177	1,940	1,484
Tangible Book Value Per Share	11.16	10.79	10.50	10.44	5.50	4.21
Buildings	883.32	883.32	833.02	719.62	395.96	329.31
Machinery	1,822	1,834	1,649	1,470	782.58	657
Construction In Progress	843.33	598.72	630.57	375.86	946.39	334.11