SHE:301515 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	767.48	698.35	672.27	755.11	146.35	95.2
Trading Asset Securities	-	-	50.96	-	-	-
Cash & Short-Term Investments	767.48	698.35	723.23	755.11	146.35	95.2
Cash Growth	9.51%	-3.44%	-4.22%	415.96%	53.73%	-18.86%
Accounts Receivable	695.29	779.19	771.89	735.06	597.46	455.6
Other Receivables	18.74	10.8	12.39	19.27	16.77	3.38
Receivables	714.03	789.98	784.29	754.33	614.23	458.98
Inventory	286.74	280.78	204.2	295.74	211.84	242.07
Prepaid Expenses	0.2	0.26	0.2	0.22	0.13	0.1
Other Current Assets	38.89	17.55	11.25	10.45	21.6	42.08
Total Current Assets	1,807	1,787	1,723	1,816	994.15	838.43
Property, Plant & Equipment	147.78	143.56	113.08	84.49	57.75	56.48
Long-Term Investments	13.14	13.31	5.48	5.62	6.17	10.21
Other Intangible Assets	21.61	22.16	23.17	24.26	47.25	48.39
Long-Term Accounts Receivable	35.25	36.19	29.03	26.66	27.65	26.28
Long-Term Deferred Tax Assets	58.4	55.06	44.67	36.36	27.09	19.87
Long-Term Deferred Charges	-	-	1.36	0.38	0.5	0.7
Other Long-Term Assets	6.58	7.3	7.04	3.1	2.8	2.96
Total Assets	2,090	2,064	1,947	1,997	1,163	1,003

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	190.59	252.04	180.49	225.45	185.69	123.64
Accrued Expenses	88.81	115.2	73.47	112.13	80.87	55.78
Short-Term Debt	224.02	198.1	145.61	109.11	73.08	73.94
Current Portion of Long-Term Debt	14.7	3.63	40.63	-	1.26	-
Current Portion of Leases	4.06	3.81	6.93	5.98	3.6	3.67
Current Income Taxes Payable	0.01	6.75	7.26	17.44	10.33	12.18
Current Unearned Revenue	219.7	175.55	140.35	130.88	160.49	164.13
Other Current Liabilities	10.7	12.64	21.35	27.36	53.37	54.09
Total Current Liabilities	752.59	767.71	616.1	628.34	568.68	487.43
Long-Term Debt	97.05	39.9	8.4	-	4.75	-
Long-Term Leases	5.02	2.56	5.91	8.51	6.47	6.8
Long-Term Unearned Revenue	12.47	12.85	13.62	11.95	12.77	13.32
Long-Term Deferred Tax Liabilities	1.27	0.9	1.83	2.34	1.57	0.03
Other Long-Term Liabilities	15.41	17.22	16.13	16.84	14.78	11.87
Total Liabilities	883.81	841.14	661.99	667.98	609.02	519.45

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	100	100	100	100	75	75
Additional Paid-In Capital	793.53	793.53	793.53	793.53	128.54	128.54
Retained Earnings	381.48	399.83	414	437.05	353.95	280.15
Treasury Stock	-73.14	-73.14	-23.78	-	-	-
Comprehensive Income & Other	6.64	4.65	1.25	-1.85	-3.16	0.18
Total Common Equity	1,209	1,225	1,285	1,329	554.33	483.87
Minority Interest	-2.23	-1.53	-	-	-	-
Shareholders' Equity	1,206	1,223	1,285	1,329	554.33	483.87
Total Liabilities & Equity	2,090	2,064	1,947	1,997	1,163	1,003

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	344.85	247.99	207.49	123.6	89.15	84.41
Net Cash (Debt)	422.63	450.36	515.74	631.51	57.2	10.79
Net Cash Growth	-1.84%	-12.68%	-18.33%	1004.08%	430.06%	-82.39%
Net Cash Per Share	4.40	4.66	5.20	7.39	0.76	0.14
Filing Date Shares Outstanding	96.04	96.04	96.16	99.24	75	75
Total Common Shares Outstanding	96.04	96.04	96.16	100	75	75
Working Capital	1,055	1,019	1,107	1,188	425.47	351
Book Value Per Share	12.58	12.75	13.36	13.29	7.39	6.45
Tangible Book Value	1,187	1,203	1,262	1,304	507.08	435.47
Tangible Book Value Per Share	12.36	12.52	13.12	13.04	6.76	5.81
Buildings	126.69	124.66	63.18	38.57	40.26	39.08
Machinery	66.34	67.49	58.4	50.85	49.27	48.43
Construction In Progress	5.69	4.56	34.18	30.01	4.64	1.15