SHE:301248 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	2,240	506.11	272.35	535.32	668.02	213.71
Trading Asset Securities	6.07	9.06	327.5	200.2	185	67.5
Cash & Short-Term Investments	2,246	515.16	599.85	735.52	853.02	281.21
Cash Growth	562.07%	-14.12%	-18.45%	-13.78%	203.34%	-22.68%
Accounts Receivable	542.83	583.03	498.56	516.76	413.17	340.13
Other Receivables	29.18	273.71	23.48	26.57	14.35	14.73
Receivables	572.01	856.75	522.04	543.33	427.52	354.86
Inventory	353.88	279.08	314.14	327.6	373.27	491.96
Other Current Assets	355.98	187.5	98.36	64.74	38.86	30.1
Total Current Assets	3,528	1,838	1,534	1,671	1,693	1,158
Property, Plant & Equipment	2,590	1,014	408.11	388.64	365.74	324.79
Long-Term Investments	75.33	10.35	-	-	-	-
Goodwill	11	11	11	13.74	13.74	13.74
Other Intangible Assets	47.67	45.49	21.71	21.02	13.2	16.61
Long-Term Accounts Receivable	-	-	12.29	21.98	13.48	-
Long-Term Deferred Tax Assets	35.85	35.01	28.52	16.53	11.44	6.54
Long-Term Deferred Charges	36.17	33.59	28.22	13.61	0.83	0.77
Other Long-Term Assets	429.55	273.24	180.64	174.5	138.16	5.56
Total Assets	6,754	3,261	2,225	2,321	2,249	1,526

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	302.02	326.32	412.69	387.63	269.75	338.58
Accrued Expenses	64.83	68.16	53.2	54.46	41.5	36.7
Short-Term Debt	821.62	853.71	0.7	0.7	10.37	23.82
Current Portion of Long-Term Debt	589.74	112.52	3.06	1.51	1.41	-
Current Portion of Leases	216.78	1.11	2.54	2.2	2.25	2.94
Current Income Taxes Payable	1.11	0.42	0	0.03	0	-
Current Unearned Revenue	210.7	141.75	223.4	237.99	267.06	339.7
Other Current Liabilities	41.51	5.25	27.29	10.85	11.89	6.57
Total Current Liabilities	2,248	1,509	722.88	695.38	604.23	748.32
Long-Term Debt	2,615	207.87	10.12	6.44	11.83	149.24
Long-Term Leases	346.73	0.49	0.63	2.06	2.26	4.26
Long-Term Unearned Revenue	9.3	9.4	9.6	9.81	10.01	0.71
Long-Term Deferred Tax Liabilities	8.2	8.26	9.69	10.35	9.87	-
Other Long-Term Liabilities	5.11	5.11	5.11	-	-	-
Total Liabilities	5,232	1,740	758.04	724.03	638.19	902.54

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	153.71	153.71	153.71	153.71	102.47	76.85
Additional Paid-In Capital	1,054	1,047	1,042	1,039	1,090	203.98
Retained Earnings	274.94	280.2	269.59	364.81	378.66	342.84
Treasury Stock	-	-	-39.83	-	-	-
Comprehensive Income & Other	40.11	40.46	40.12	40.12	40.12	-
Total Common Equity	1,523	1,521	1,466	1,597	1,611	623.67
Minority Interest	-1.63	-0.34	0.78	-0.13	-0.07	-0.06
Shareholders' Equity	1,521	1,521	1,467	1,597	1,611	623.6
Total Liabilities & Equity	6,754	3,261	2,225	2,321	2,249	1,526

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	4,590	1,176	17.05	12.91	28.12	180.27
Net Cash (Debt)	-2,343	-660.54	582.8	722.61	824.91	100.94
Net Cash Growth	-	-	-19.35%	-12.40%	717.21%	-66.10%
Net Cash Per Share	-15.08	-4.35	3.79	4.37	5.86	0.88
Filing Date Shares Outstanding	153.71	153.71	150.66	153.71	153.71	153.71
Total Common Shares Outstanding	153.71	153.71	150.66	153.71	153.71	115.28
Working Capital	1,280	329.24	811.52	975.81	1,088	409.81
Book Value Per Share	9.91	9.90	9.73	10.39	10.48	5.41
Tangible Book Value	1,464	1,465	1,433	1,563	1,584	593.31
Tangible Book Value Per Share	9.53	9.53	9.51	10.17	10.31	5.15
Buildings	429.89	421.06	412.66	325.15	308.41	1.8
Machinery	1,852	697.81	42.76	40.79	36.12	24.68
Construction In Progress	506.35	6.29	4.32	56.03	41.51	306.75