SHE:301387 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	305.49	450.62	259.22	279.86	141.17	160.16
Trading Asset Securities	215.62	216.23	240.64	379.17	-	1.67
Cash & Short-Term Investments	521.12	666.85	499.86	659.03	141.17	161.83
Cash Growth	-19.94%	33.41%	-24.15%	366.84%	-12.77%	57.81%
Accounts Receivable	817.9	799.98	643.51	491.87	409.38	433.32
Other Receivables	5.34	3.54	73.48	5.42	7.37	1.43
Receivables	823.25	803.52	716.99	497.29	416.75	434.75
Inventory	256.88	234.21	169.11	125.69	87.23	82.48
Prepaid Expenses	-	-	-	-	3.06	-
Other Current Assets	122.28	67.18	59.06	43.16	22.24	14.73
Total Current Assets	1,724	1,772	1,445	1,325	670.45	693.79
Property, Plant & Equipment	701.89	724.61	719.23	567.62	469.94	252.28
Long-Term Investments	97.5	-	-	63.81	64.18	60.8
Goodwill	18.7	18.7	6.52	4.37	4.37	4.37
Other Intangible Assets	34.56	35.36	33.91	31.89	32.65	27.31
Long-Term Accounts Receivable	-	-	0.52	-	-	-
Long-Term Deferred Tax Assets	71.45	57.24	55.39	25.63	22.6	8.04
Long-Term Deferred Charges	33.64	37.12	21.1	6.87	4.53	3.78
Other Long-Term Assets	66.47	55.47	40.9	25.66	9.18	6.3
Total Assets	2,748	2,700	2,323	2,051	1,278	1,057

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Accounts Payable	696.51	645.27	407.38	271	239.16	296.72
Accrued Expenses	19.37	29.1	25.62	31.09	33.33	32.12
Short-Term Debt	129.45	213.25	86.22	2.42	156.19	84.93
Current Portion of Long-Term Debt	33.02	8.32	8.46	-	103.69	10.09
Current Portion of Leases	-	26.97	27.21	18.39	17.73	15.19
Current Income Taxes Payable	6.25	1.27	2.93	2.8	5.26	4.59
Current Unearned Revenue	2.68	3.86	7.83	3.57	0.14	0.27
Other Current Liabilities	30.02	26.61	30.83	33.9	47.48	34.74
Total Current Liabilities	917.31	954.64	596.5	363.17	602.97	478.66
Long-Term Debt	24.9	33.98	19.85	-	39.64	60
Long-Term Leases	25.57	30.4	49.97	33.91	50.44	40.85
Long-Term Deferred Tax Liabilities	12.49	12.87	14.67	8.68	10.65	0.4
Total Liabilities	1,111	1,032	680.99	405.77	703.7	579.91

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Common Stock	106.75	106.75	106.49	76	57	57
Additional Paid-In Capital	1,184	1,181	1,176	1,199	213.66	213.66
Retained Earnings	318.65	345.86	345.43	364.11	304	208.43
Treasury Stock	-1	-1	-1.68	-	-	-
Comprehensive Income & Other	0.98	1.05	-3.61	5.52	-0.63	-0.96
Total Common Equity	1,609	1,634	1,622	1,645	574.03	478.13
Minority Interest	27.44	34.39	19.17	0.6	0.17	-1.38
Shareholders' Equity	1,637	1,668	1,642	1,645	574.21	476.75
Total Liabilities & Equity	2,748	2,700	2,323	2,051	1,278	1,057

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Total Debt	212.95	312.92	191.72	54.72	367.68	211.06
Net Cash (Debt)	308.17	353.94	308.14	604.31	-226.51	-49.23
Net Cash Growth	-23.61%	14.86%	-49.01%	-	-	-
Net Cash Per Share	2.89	3.31	2.88	6.20	-2.84	-0.62
Filing Date Shares Outstanding	106.86	106.75	106.49	106.4	79.8	79.8
Total Common Shares Outstanding	106.86	106.75	106.49	106.4	79.8	79.8
Working Capital	806.21	817.12	848.52	962	67.48	215.14
Book Value Per Share	15.06	15.31	15.24	15.46	7.19	5.99
Tangible Book Value	1,556	1,580	1,582	1,608	537.02	446.46
Tangible Book Value Per Share	14.56	14.80	14.86	15.12	6.73	5.59
Buildings	-	427.33	414.33	364.61	42.81	-
Machinery	-	313.37	246.39	134.24	110.96	75.77
Construction In Progress	-	3.64	35.01	54.07	287.44	148.08