SHE:301323 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	407.35	303.84	266.81	398.21	109.92	104.74
Short-Term Investments	312.33	366.78	-	-	-	-
Trading Asset Securities	441.38	520.36	615.85	139.02	397.88	281.34
Cash & Short-Term Investments	1,161	1,191	882.66	537.23	507.81	386.08
Cash Growth	10.28%	34.93%	64.30%	5.79%	31.53%	34.73%
Accounts Receivable	302.7	224	207.15	182.91	123.24	163.92
Other Receivables	3.18	6.81	2.62	5.27	2.19	2.25
Receivables	305.88	230.82	209.77	188.19	125.43	166.17
Inventory	274.75	203.33	146.18	130.07	123.68	122.89
Other Current Assets	28.57	17.85	7.92	7.18	6.33	10.11
Total Current Assets	1,770	1,643	1,247	862.66	763.24	685.26
Property, Plant & Equipment	475.99	455.66	385.01	249.12	193.96	190.1
Long-Term Investments	92.7	185.62	571.48	997.63	5	-
Goodwill	12.6	12.6	13.62	13.62	7.32	7.32
Other Intangible Assets	60.39	61.35	47.27	48.75	49.29	50.96
Long-Term Deferred Tax Assets	38.43	26.59	11.62	3.21	2.29	2.77
Long-Term Deferred Charges	11.25	10.01	5.46	3.25	2.82	2.95
Other Long-Term Assets	26.43	9.69	10.25	1.96	0.5	2.36
Total Assets	2,488	2,404	2,291	2,180	1,024	941.71

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	83.76	93.15	82.01	61.45	48.2	57.57
Accrued Expenses	30.98	41.45	47.31	42.79	37.18	39.83
Short-Term Debt	8.04	8.01	-	-	-	-
Current Portion of Leases	1.63	3.23	6.79	5.42	3.07	3.04
Current Income Taxes Payable	3.28	4.93	9.74	8.54	7.08	5.51
Current Unearned Revenue	10.63	11.43	10.18	9.23	5.51	6.71
Other Current Liabilities	67.57	14.85	8.63	11.04	5.98	12.6
Total Current Liabilities	205.88	177.04	164.65	138.47	107.02	125.26
Long-Term Leases	3.47	5.03	15.64	22.92	6.04	8.49
Long-Term Unearned Revenue	4.74	2.38	2.63	2.67	3.25	3.75
Long-Term Deferred Tax Liabilities	0.09	0.11	0.16	0.22	-	-
Total Liabilities	214.19	184.54	183.08	164.27	116.31	137.5

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	105.59	105.59	104.92	104.92	78.69	78.69
Additional Paid-In Capital	1,573	1,560	1,519	1,489	561.57	553.51
Retained Earnings	631.63	588.02	511.85	408.13	270.03	173.65
Treasury Stock	-42	-42	-40.99	-	-	-
Comprehensive Income & Other	-9.4	-7.54	-4.64	-2.75	-2.17	-1.65
Total Common Equity	2,259	2,204	2,090	1,999	908.12	804.21
Minority Interest	15.13	16.29	18.06	17.05	-	-
Shareholders' Equity	2,274	2,220	2,108	2,016	908.12	804.21
Total Liabilities & Equity	2,488	2,404	2,291	2,180	1,024	941.71

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	13.14	16.26	22.43	28.33	9.1	11.52
Net Cash (Debt)	1,148	1,175	860.23	508.9	498.7	374.56
Net Cash Growth	10.23%	36.56%	69.04%	2.04%	33.15%	30.71%
Net Cash Per Share	10.85	11.21	8.17	4.85	6.35	4.76
Filing Date Shares Outstanding	104.19	104.19	103.52	103.85	78.69	78.69
Total Common Shares Outstanding	104.19	104.19	103.55	104.92	78.69	78.69
Working Capital	1,564	1,466	1,082	724.19	656.23	560
Book Value Per Share	21.68	21.15	20.18	19.05	11.54	10.22
Tangible Book Value	2,186	2,130	2,029	1,937	851.51	745.93
Tangible Book Value Per Share	20.98	20.44	19.60	18.46	10.82	9.48
Buildings	348.62	349.4	137.35	137.35	137.36	136.61
Machinery	274.22	235.04	187.7	169.5	145.12	130.27
Construction In Progress	30.62	31.47	186.11	42.67	10.7	3.27