SHE:301580 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	321.67	249.02	694.35	558.16	257.43	160.92
Short-Term Investments	76.27	181.31	13.88	-	-	-
Trading Asset Securities	1,082	1,213	801.39	249.87	480.32	370.8
Cash & Short-Term Investments	1,480	1,643	1,510	808.02	737.75	531.73
Cash Growth	-3.08%	8.85%	86.83%	9.53%	38.75%	482.70%
Accounts Receivable	254.67	201.49	175.02	128.24	106.83	138.28
Other Receivables	2.73	3.14	11.01	11.05	7.96	7.35
Receivables	257.4	204.62	186.03	139.29	114.8	145.62
Inventory	165.3	141.75	163.2	103.25	106.98	126.16
Prepaid Expenses	-	-	-	8.62	6.93	1.44
Other Current Assets	71.37	37.2	50.48	45.47	27.37	11.88
Total Current Assets	1,974	2,027	1,909	1,105	993.83	816.84
Property, Plant & Equipment	221.7	212.39	160.3	121.3	105.04	84.29
Long-Term Investments	168.95	68.6	53.64	46.29	-	-
Goodwill	54.12	54.12	54.12	-	-	-
Other Intangible Assets	83.84	86.88	95.15	7.49	6.72	4.44
Long-Term Deferred Tax Assets	14.9	11.22	8.19	8.14	6.5	5.38
Long-Term Deferred Charges	2.75	2.36	2.21	2.17	2.47	0.51
Other Long-Term Assets	0.5	0.88	4.91	1.67	6.56	3.66
Total Assets	2,521	2,463	2,288	1,292	1,121	915.13

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	165.97	147.16	94.3	87.08	95.07	40.23
Accrued Expenses	39.66	43.74	41.81	43.37	36.43	28.68
Short-Term Debt	-	1.23	-	-	-	-
Current Portion of Leases	3.9	3.93	2.29	0.44	1.3	1.26
Current Income Taxes Payable	4	4.19	7.24	7.91	3.9	-
Current Unearned Revenue	36.79	33	31.19	35.67	35.85	41.12
Other Current Liabilities	10.42	15.74	12.94	12.26	8.49	7.89
Total Current Liabilities	260.73	248.99	189.77	186.73	181.05	119.17
Long-Term Leases	5.82	7.42	4.75	0.96	2.26	2.82
Pension & Post-Retirement Benefits	0.16	-	0.97	-	-	-
Long-Term Deferred Tax Liabilities	15.1	20.22	21.49	7.55	4.46	0.47
Other Long-Term Liabilities	41.72	36.15	28.34	16.96	13.9	10.49
Total Liabilities	323.52	312.78	245.32	212.2	201.67	132.96

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	149.19	106.56	76.12	57.09	57.09	57.09
Additional Paid-In Capital	1,226	1,268	1,296	545.2	532.12	517.93
Retained Earnings	822.08	766.59	619.84	469.35	322.39	206.59
Comprehensive Income & Other	-8.68	-3.94	-2.99	-0.49	-0.24	-0.02
Total Common Equity	2,189	2,137	1,989	1,071	911.36	781.59
Minority Interest	8.45	13.34	54	8.38	8.09	0.59
Shareholders' Equity	2,197	2,150	2,043	1,080	919.45	782.17
Total Liabilities & Equity	2,521	2,463	2,288	1,292	1,121	915.13

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	9.71	12.58	7.04	1.4	3.56	4.08
Net Cash (Debt)	1,470	1,631	1,503	806.62	734.19	527.64
Net Cash Growth	-2.76%	8.52%	86.28%	9.87%	39.15%	828.72%
Net Cash Per Share	9.82	10.92	11.05	7.20	6.57	5.06
Filing Date Shares Outstanding	149.19	149.19	149.19	111.89	111.81	104.3
Total Common Shares Outstanding	149.19	149.19	149.19	111.89	111.81	104.3
Working Capital	1,713	1,778	1,720	917.92	812.78	697.67
Book Value Per Share	14.67	14.32	13.33	9.57	8.15	7.49
Tangible Book Value	2,051	1,996	1,839	1,064	904.64	777.14
Tangible Book Value Per Share	13.74	13.38	12.33	9.51	8.09	7.45
Buildings	72.44	70.09	69.98	62.32	62.38	62.38
Machinery	175.93	172.84	145.21	100.79	71.15	41.67
Construction In Progress	64.6	45.49	-	-	-	0.52