SHE:301376 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	1,448	666.68	687.05	726.22	1,039	513.12
Short-Term Investments	-	1,221	411.49	277.15	87.96	94.02
Trading Asset Securities	559.79	575.63	387.56	460.64	6.65	15.75
Cash & Short-Term Investments	2,008	2,464	1,486	1,464	1,134	622.89
Cash Growth	-8.51%	65.78%	1.51%	29.12%	82.03%	97.42%
Accounts Receivable	591.24	770.47	282.71	190.46	143.18	125.22
Other Receivables	230.38	380.73	413.76	130.75	49.02	67.75
Receivables	821.62	1,151	696.47	321.22	192.2	192.97
Inventory	1,660	1,277	1,324	879.47	689	1,052
Other Current Assets	1,164	133.23	96.84	492.74	187.8	231.72
Total Current Assets	5,653	5,025	3,603	3,157	2,203	2,099
Property, Plant & Equipment	940.25	941.88	845.86	762.55	837.28	934.62
Long-Term Investments	395.81	514.35	1,619	1,540	323.88	268.42
Other Intangible Assets	67.1	15.4	12.46	9.78	8.93	7.3
Long-Term Accounts Receivable	-	118.6	-	-	-	-
Long-Term Deferred Tax Assets	86.32	72.17	67.29	56.98	35.07	30.55
Long-Term Deferred Charges	7.49	7.2	10.3	4.8	1.85	2.13
Other Long-Term Assets	243.22	129.53	113.72	49.91	67.73	83.22
Total Assets	7,393	6,825	6,272	5,581	3,478	3,426

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	560.82	536.47	496.54	391.41	241.55	293.82
Accrued Expenses	60.92	352.48	292.34	245.62	142.42	207.69
Short-Term Debt	1,691	1,297	1,284	912.12	340.95	380.02
Current Portion of Leases	-	170.88	158.29	147.31	121.2	99.1
Current Income Taxes Payable	143	23.38	21.51	28.28	19.76	10.93
Current Unearned Revenue	16.04	24.99	41.16	53.79	44.43	54.49
Other Current Liabilities	274.29	92.83	54.86	30.57	27.2	18.98
Total Current Liabilities	2,898	2,498	2,349	1,809	937.51	1,065
Long-Term Debt	69.62	38.13	-	-	-	-
Long-Term Leases	900.26	910.99	685.68	649.77	732.6	817.44
Long-Term Deferred Tax Liabilities	1.11	-	-	-	0.28	3.13
Other Long-Term Liabilities	-	-	10.17	1.49	-	-
Total Liabilities	3,869	3,447	3,045	2,460	1,670	1,886

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	402.47	402.47	401.5	401.5	361.35	361.35
Additional Paid-In Capital	1,522	1,520	1,521	1,504	651.84	651.84
Retained Earnings	1,633	1,466	1,291	1,198	785.14	535.03
Treasury Stock	-35.26	-43.87	-	-	-	-
Comprehensive Income & Other	2.33	31.89	14.31	17.68	8.85	-8.26
Shareholders' Equity	3,524	3,377	3,227	3,121	1,807	1,540
Total Liabilities & Equity	7,393	6,825	6,272	5,581	3,478	3,426

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	2,813	2,417	2,128	1,709	1,195	1,297
Net Cash (Debt)	-805.48	46.49	-641.96	-245.2	-60.92	-673.66
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.02	0.12	-1.60	-0.64	-0.17	-1.86
Filing Date Shares Outstanding	410.81	400.78	399.95	401.5	361.35	361.35
Total Common Shares Outstanding	410.81	400.78	401.5	401.5	361.35	361.35
Working Capital	2,754	2,527	1,254	1,348	1,265	1,034
Book Value Per Share	8.58	8.43	8.04	7.77	5.00	4.26
Tangible Book Value	3,457	3,362	3,215	3,111	1,798	1,533
Tangible Book Value Per Share	8.41	8.39	8.01	7.75	4.98	4.24
Machinery	-	91.04	85.83	62.43	56.53	45.24
Construction In Progress	-	-	0.48	-	-	2.96