SHE:301458 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	826.29	753.95	338.36	330.74	341.9	103.7
Trading Asset Securities	-	170.9	-	-	-	-
Cash & Short-Term Investments	826.29	924.85	338.36	330.74	341.9	103.7
Cash Growth	-13.49%	173.33%	2.30%	-3.26%	229.71%	168.76%
Accounts Receivable	228.75	201.94	181.03	161.41	127.01	141.56
Other Receivables	0.05	0.12	0.64	0.15	21	3.34
Receivables	228.8	202.06	181.67	161.56	148.02	144.9
Inventory	105.78	98.67	81.3	78.64	90.78	103.75
Prepaid Expenses	0.73	0.78	0.39	0.99	-	0.31
Other Current Assets	49.92	44.02	97.72	34.83	18.11	8.44
Total Current Assets	1,212	1,270	699.44	606.77	598.81	361.1
Property, Plant & Equipment	567.74	562.49	483.26	392.97	245.94	242.13
Long-Term Investments	43.56	36.72	15.13	15.53	23.87	-
Goodwill	82.17	84.15	-	-	-	-
Other Intangible Assets	46.04	47.2	25.6	26.23	25.98	6.62
Long-Term Deferred Tax Assets	24.88	21.52	11.1	8.15	4.29	4.46
Long-Term Deferred Charges	21.92	24.06	16.82	13.16	12.9	9.21
Other Long-Term Assets	3.04	3.43	3.6	3.05	6.37	6.95
Total Assets	2,001	2,050	1,255	1,066	918.16	630.47

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	83.73	64.14	49.62	55.13	39.15	69.49
Accrued Expenses	32.78	56.18	45.54	29.47	39.33	32.28
Short-Term Debt	-	12.29	-	-	-	27.11
Current Portion of Long-Term Debt	3.28	8.2	0.35	0.39	0.25	2.17
Current Portion of Leases	8.87	9.2	10.79	9.62	-	-
Current Income Taxes Payable	20.12	13.09	6.39	5.35	10.56	4.6
Current Unearned Revenue	0.41	0.52	0.53	0.68	0.21	0.77
Other Current Liabilities	56.75	53.44	95.79	47.11	37.06	64.14
Total Current Liabilities	205.92	217.04	209.04	147.75	126.55	200.55
Long-Term Debt	68.94	77.59	1.44	1.92	2.37	3.31
Long-Term Leases	61.4	66.34	68.57	55.61	28.77	33.95
Long-Term Unearned Revenue	9.73	10.78	12.93	15.09	-	-
Pension & Post-Retirement Benefits	3.02	3.3	-	-	-	-
Long-Term Deferred Tax Liabilities	8.53	8.9	-	-	0.01	0.29
Total Liabilities	357.54	383.95	291.97	220.37	157.71	238.11

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	266.67	266.67	200	200	200	104.73
Additional Paid-In Capital	994.59	987.82	421.77	410.28	399.53	22.08
Retained Earnings	410.6	430.48	352.09	246.54	156.62	267.29
Comprehensive Income & Other	-28.51	-18.98	-10.89	-11.33	4.31	-2.06
Total Common Equity	1,643	1,666	962.97	845.49	760.46	392.04
Minority Interest	-	-	-	-	-	0.32
Shareholders' Equity	1,643	1,666	962.97	845.49	760.46	392.36
Total Liabilities & Equity	2,001	2,050	1,255	1,066	918.16	630.47

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	142.49	173.62	81.16	67.54	31.39	66.54
Net Cash (Debt)	683.81	751.24	257.2	263.2	310.52	37.16
Net Cash Growth	-22.17%	192.08%	-2.28%	-15.24%	735.57%	58.22%
Net Cash Per Share	2.56	2.86	1.29	1.32	1.58	0.24
Filing Date Shares Outstanding	266.67	266.67	200	200	200	156.17
Total Common Shares Outstanding	266.67	266.67	200	200	200	156.17
Working Capital	1,006	1,053	490.4	459.01	472.26	160.54
Book Value Per Share	6.16	6.25	4.81	4.23	3.80	2.51
Tangible Book Value	1,515	1,535	937.36	819.26	734.48	385.43
Tangible Book Value Per Share	5.68	5.75	4.69	4.10	3.67	2.47
Buildings	253.5	222.12	36.27	32.25	-	-
Machinery	392.43	369.32	334.47	317.12	-	-
Construction In Progress	89.24	111.62	210.68	126.41	-	-