SHE:301287 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	Dec '21 Dec 31, 2021
Cash & Equivalents	978.02	807.39	867.12	1,054	333.32	239.09
Short-Term Investments	-	-	51.16	-	-	-
Trading Asset Securities	427.59	482.16	329.44	-	-	-
Cash & Short-Term Investments	1,406	1,290	1,248	1,054	333.32	239.09
Cash Growth	-3.86%	3.35%	18.43%	216.08%	39.41%	2.20%
Accounts Receivable	99.65	109.9	134.77	93.55	89.14	84.98
Other Receivables	6.93	13.94	7.66	5.29	5.15	9.2
Receivables	106.59	123.84	142.43	98.83	94.29	94.18
Inventory	108.42	85.88	94.24	91.04	99.57	146.69
Prepaid Expenses	-	0.64	1.17	1.67	0.11	0.11
Other Current Assets	7.48	8.44	6.19	6.01	10.06	9.53
Total Current Assets	1,628	1,508	1,492	1,251	537.35	489.6
Property, Plant & Equipment	89.3	90.79	83.32	79.17	82.77	90.88
Long-Term Investments	21.8	21.8	21.8	21.8	21.8	21.8
Other Intangible Assets	51.96	52.96	54.76	54.13	55.26	27.89
Long-Term Accounts Receivable	-	0.43	0.42	0.48	0.73	0.56
Long-Term Deferred Tax Assets	9.68	9.83	10.92	10.01	9.32	6.13
Long-Term Deferred Charges	0.2	0.22	0.18	0.26	0.35	0.32
Other Long-Term Assets	0.42	0.26	-	1.36	-	0.5
Total Assets	1,801	1,685	1,663	1,418	707.58	637.68

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	Dec '21 Dec 31, 2021
Accounts Payable	189.34	189.51	174.83	108.44	90.06	105.95
Accrued Expenses	14.12	16.69	18.52	16.35	16.83	17.41
Short-Term Debt	339.57	209.55	170.12	10.01	58.21	8.91
Current Portion of Long-Term Debt	6.32	1.13	12.71	17.4	9.01	-
Current Portion of Leases	-	5.21	2.83	2.36	1.73	0.7
Current Income Taxes Payable	18.33	18.9	20.16	16.14	18.13	7.27
Current Unearned Revenue	6.5	6.75	18.54	13.85	16.7	15.7
Other Current Liabilities	2.47	2.16	46.79	98.31	2.74	70.74
Total Current Liabilities	576.64	449.91	464.5	282.85	213.41	226.67
Long-Term Debt	-	-	-	-	16.7	51.68
Long-Term Leases	5.65	6.86	2.53	8.19	7.11	8.08
Long-Term Unearned Revenue	29.31	29.86	30.95	30.97	63.76	28.22
Long-Term Deferred Tax Liabilities	23.49	17.09	8.19	3.71	1.69	2.92
Other Long-Term Liabilities	0.42	0.53	0.73	0.99	0.63	0.16
Total Liabilities	635.5	504.24	506.92	326.71	303.31	317.73

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	Dec '21 Dec 31, 2021
Common Stock	66.67	66.67	66.67	66.67	50	50
Additional Paid-In Capital	714.44	715.08	715.08	715.08	141.28	141.28
Retained Earnings	384.85	389.3	365.19	300.63	203.71	119.44
Total Common Equity	1,166	1,171	1,147	1,082	394.99	310.72
Minority Interest	-	9.36	9.29	9.25	9.28	9.24
Shareholders' Equity	1,166	1,180	1,156	1,092	404.27	319.96
Total Liabilities & Equity	1,801	1,685	1,663	1,418	707.58	637.68

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	Dec '21 Dec 31, 2021
Total Debt	351.53	222.75	188.2	37.96	92.77	69.37
Net Cash (Debt)	1,054	1,067	1,060	1,016	240.55	169.72
Net Cash Growth	-1.28%	0.69%	4.32%	322.20%	41.73%	24.11%
Net Cash Per Share	15.62	15.98	15.91	17.39	4.82	3.39
Filing Date Shares Outstanding	69.25	66.67	66.67	66.67	50	50
Total Common Shares Outstanding	69.25	66.67	66.67	66.67	50	50
Working Capital	1,051	1,058	1,027	968.27	323.94	262.93
Book Value Per Share	16.84	17.56	17.20	16.23	7.90	6.21
Tangible Book Value	1,114	1,118	1,092	1,028	339.73	282.83
Tangible Book Value Per Share	16.09	16.77	16.38	15.42	6.79	5.66
Buildings	-	106.02	86.28	85.99	85	81.63
Machinery	-	70.44	64.75	62.69	60.41	59.69
Construction In Progress	-	2.05	16.4	0.84	0.71	3.15