SHE:301429 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	355.64	352.92	270.5	193.02	174.4	174.53
Short-Term Investments	-	51.1	-	-	-	-
Trading Asset Securities	37.04	71.55	231.64	574.39	3.24	1.98
Cash & Short-Term Investments	392.68	475.57	502.14	767.41	177.64	176.51
Cash Growth	-13.64%	-5.29%	-34.57%	332.01%	0.64%	41.47%
Accounts Receivable	156.79	126.57	172.72	122.13	107.4	102.57
Other Receivables	22.99	8.57	11.39	20.27	6.62	8.6
Receivables	179.78	135.14	184.11	142.4	114.02	111.17
Inventory	268.34	260.38	296.37	137	115.06	223.32
Other Current Assets	87.23	42.54	52.99	10.72	14.94	13.92
Total Current Assets	928.03	913.63	1,036	1,058	421.66	524.93
Property, Plant & Equipment	610.89	664.17	555.74	335.32	278.48	268.33
Long-Term Investments	2.99	2.78	53.81	53.73	2.54	2.47
Goodwill	30.24	31.21	31.92	-	-	-
Other Intangible Assets	63.09	32.8	37.95	24.25	24.95	25.75
Long-Term Deferred Tax Assets	10	7.22	5.17	2.16	2.77	2.23
Long-Term Deferred Charges	1.68	1.86	1.52	0.93	1.23	2.01
Other Long-Term Assets	14.47	8.15	18.23	36.53	4.52	2.42
Total Assets	1,661	1,662	1,740	1,510	736.16	828.12

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	140.63	167.33	217.7	107	112.69	270.94
Accrued Expenses	8.95	15.51	19.9	10.19	9.1	17.85
Short-Term Debt	167.48	99.86	109.31	-	-	-
Current Portion of Long-Term Debt	2.75	-	-	-	-	-
Current Portion of Leases	-	7.08	11.11	8.41	0.13	-
Current Income Taxes Payable	6.62	3.53	6.26	3.49	0.28	4.2
Current Unearned Revenue	16.47	14.85	12.43	4.26	11.79	13.65
Other Current Liabilities	30.09	20.18	30.05	8.77	6.38	20.11
Total Current Liabilities	372.98	328.35	406.76	142.12	140.37	326.74
Long-Term Leases	-	1.1	9.19	14.42	0.09	-
Long-Term Unearned Revenue	6.17	5.76	6.94	8.11	7.24	2.2
Long-Term Deferred Tax Liabilities	-	-	0	0.29	3.85	0.37
Total Liabilities	379.16	335.21	422.89	164.94	151.56	329.31

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	118.22	118.22	118.22	118.22	88.66	88.66
Additional Paid-In Capital	832.77	830.89	828.15	826.27	106.24	106.24
Retained Earnings	436.29	442.24	431.28	398.02	380.43	295.92
Treasury Stock	-30.68	-30.68	-39.96	-	-	-
Comprehensive Income & Other	-21.44	16.13	3.95	-0.2	0.44	-0.46
Total Common Equity	1,335	1,377	1,342	1,342	575.78	490.36
Minority Interest	-52.93	-50.2	-24.58	3.2	8.82	8.45
Shareholders' Equity	1,282	1,327	1,317	1,346	584.6	498.81
Total Liabilities & Equity	1,661	1,662	1,740	1,510	736.16	828.12

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	170.23	108.04	129.62	22.83	0.22	-
Net Cash (Debt)	222.44	367.53	372.52	744.58	177.42	176.51
Net Cash Growth	-20.60%	-1.34%	-49.97%	319.68%	0.51%	41.47%
Net Cash Per Share	1.92	3.18	3.18	6.87	1.99	1.99
Filing Date Shares Outstanding	116.22	116.21	115.6	118.22	118.22	88.86
Total Common Shares Outstanding	116.22	116.21	115.6	118.22	88.66	88.86
Working Capital	555.05	585.29	628.85	915.42	281.28	198.18
Book Value Per Share	11.49	11.85	11.61	11.35	6.49	5.52
Tangible Book Value	1,242	1,313	1,272	1,318	550.83	464.61
Tangible Book Value Per Share	10.69	11.30	11.00	11.15	6.21	5.23
Land	-	124.27	118.75	-	-	-
Buildings	-	327.89	218.24	214.16	205.46	200.78
Machinery	-	374.95	284.45	288.84	239.06	217.6
Construction In Progress	-	88.28	140.51	17.25	9.86	3.97