SHE:301507 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	364.41	289.4	338.73	428.3	47.34	22.32
Short-Term Investments	-	185.47	198.95	240.15	20.04	-
Trading Asset Securities	444.43	542.28	496.2	316.7	58.14	233.3
Cash & Short-Term Investments	808.84	1,017	1,034	985.15	125.52	255.62
Cash Growth	-32.51%	-1.62%	4.95%	684.85%	-50.90%	54.35%
Accounts Receivable	61.66	24.31	62.87	40.71	16.91	20.55
Other Receivables	5.44	6.1	13.96	0.71	0.55	-
Receivables	67.09	30.41	76.83	41.41	17.46	20.55
Inventory	68.34	103.83	105.55	105.32	108.61	106.49
Prepaid Expenses	-	-	-	-	0	0
Other Current Assets	89.52	61.06	41.31	28.82	41.29	31
Total Current Assets	1,034	1,212	1,258	1,161	292.89	413.67
Property, Plant & Equipment	569.6	471.11	256.8	211.33	195.61	192.22
Long-Term Investments	-	122.03	139.82	212.82	202.8	-
Goodwill	69.99	69.99	-	-	-	-
Other Intangible Assets	80.27	83.64	35.26	40.01	36.5	37.54
Long-Term Deferred Tax Assets	26.53	24.85	12	10.5	12.81	9.65
Long-Term Deferred Charges	4.49	4.97	2.86	3.58	-	-
Other Long-Term Assets	319.55	28	40.29	8.87	24.67	28.41
Total Assets	2,104	2,017	1,745	1,648	765.29	681.49

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	119.14	68.23	39.69	30.87	38.13	21.13
Accrued Expenses	11.67	121.2	118.35	109.64	90.12	110.1
Current Portion of Leases	-	1.67	1.05	1.05	0.98	0.97
Current Income Taxes Payable	11.65	4.38	3.25	-	-	-
Current Unearned Revenue	56.03	48.21	31.48	14.53	21.51	14.36
Other Current Liabilities	138.13	19.01	12.85	7.85	4.73	4.59
Total Current Liabilities	338.56	262.7	206.67	163.94	155.47	151.15
Long-Term Leases	0.78	1.12	-	1.08	2.07	2.6
Long-Term Unearned Revenue	20.1	21.22	5.78	8.03	11.78	12.54
Long-Term Deferred Tax Liabilities	12.54	13.55	1.32	1.7	1.84	0.09
Total Liabilities	371.98	298.6	213.76	174.75	171.16	166.37

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	356.55	356.55	356.55	356.55	267.42	267.42
Additional Paid-In Capital	952.25	951.03	951.88	950.27	246.11	246.11
Retained Earnings	335.91	305.66	222.42	166.24	80.6	1.59
Treasury Stock	-33.2	-15.24	-	-	-	-
Total Common Equity	1,612	1,598	1,531	1,473	594.13	515.12
Minority Interest	120.72	120.44	-	-	-	-
Shareholders' Equity	1,732	1,718	1,531	1,473	594.13	515.12
Total Liabilities & Equity	2,104	2,017	1,745	1,648	765.29	681.49

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	2.71	2.79	1.05	2.13	3.05	3.57
Net Cash (Debt)	806.12	1,014	1,033	983.02	122.47	252.05
Net Cash Growth	-32.63%	-1.79%	5.07%	702.67%	-51.41%	85.94%
Net Cash Per Share	2.23	2.82	2.92	3.33	0.47	0.97
Filing Date Shares Outstanding	368.88	354.43	356.55	356.55	267.42	260.09
Total Common Shares Outstanding	368.88	355.54	356.55	356.55	267.42	260.09
Working Capital	695.23	949.75	1,051	996.77	137.42	262.52
Book Value Per Share	4.37	4.49	4.29	4.13	2.22	1.98
Tangible Book Value	1,461	1,444	1,496	1,433	557.63	477.58
Tangible Book Value Per Share	3.96	4.06	4.19	4.02	2.09	1.84
Buildings	-	235.43	226.97	229.76	226.83	222
Machinery	-	252.62	231.29	229	202.64	186.33
Construction In Progress	-	294.32	91.32	24.94	12.15	0.9