SHE:301587 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 2019
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 '19 Dec 31, 2019
Cash & Equivalents	440.97	439.84	536.4	163.95	87.76	52.26
Trading Asset Securities	67.11	135.6	348.25	-	-	-
Cash & Short-Term Investments	508.08	575.44	884.65	163.95	87.76	52.26
Cash Growth	-17.31%	-34.95%	439.58%	86.81%	67.93%	-67.78%
Accounts Receivable	257.55	231.54	193.15	224.04	258.02	229.79
Other Receivables	8.64	5.14	2.78	2.67	2.79	24.51
Receivables	266.19	236.68	195.93	226.72	260.81	254.3
Inventory	151.31	120.77	118.44	109.92	96.64	42.59
Prepaid Expenses	1.11	-	1.46	0.13	2.58	0.06
Other Current Assets	16.44	24.57	6.14	8.35	7.67	11.02
Total Current Assets	943.12	957.45	1,207	509.07	455.46	360.22
Property, Plant & Equipment	1,314	1,251	1,158	973.52	933.27	444.85
Long-Term Investments	11.72	11.8	-	-	-	-
Other Intangible Assets	96.06	98.14	71.18	71.89	72.65	34.35
Long-Term Accounts Receivable	-	-	-	15.72	-	-
Long-Term Deferred Tax Assets	2.27	1.26	10.6	8.61	18.2	7.57
Long-Term Deferred Charges	1.79	1.98	0.2	0.46	0.8	0.46
Other Long-Term Assets	56.64	31.39	19.52	-	13.72	15.95
Total Assets	2,426	2,353	2,466	1,579	1,494	863.4

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2019
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 '19 Dec 31, 2019
Accounts Payable	247.58	205.68	301.01	234.74	107.61	129.4
Accrued Expenses	24.68	16.26	17.62	17.86	20.57	5.81
Short-Term Debt	0.22	0.23	0.21	1.01	50.06	77.15
Current Portion of Long-Term Debt	0.05	0.02	-	1.4	-	10.02
Current Portion of Leases	-	2.13	0.85	0.97	0.94	-
Current Income Taxes Payable	-	-	-	-	-	1.95
Current Unearned Revenue	13.49	14.98	1.3	4	1.2	-
Other Current Liabilities	2.19	3.18	3	2.89	136.87	1.83
Total Current Liabilities	288.2	242.49	324	262.87	317.25	226.15
Long-Term Debt	17.9	8.95	-	1.6	10.01	4.25
Long-Term Leases	6.46	0.58	0.41	-	0.72	-
Long-Term Unearned Revenue	21.15	22.6	25.49	14.84	16.64	8.08
Long-Term Deferred Tax Liabilities	75.15	70.79	80.13	73.62	67.81	11.32
Total Liabilities	408.87	345.4	430.02	352.93	412.44	249.8

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2019
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 '19 Dec 31, 2019
Common Stock	147.33	147.33	147.33	110.5	110.5	107.28
Additional Paid-In Capital	1,181	1,183	1,182	494.34	485.61	442.54
Retained Earnings	704.6	676.37	696.59	621.51	485.54	63.78
Treasury Stock	-20	-10	-	-	-	-
Comprehensive Income & Other	-10.31	-4.29	-2.67	-	-	-
Total Common Equity	2,003	1,993	2,023	1,226	1,082	613.6
Minority Interest	14.07	15.11	12.87	-	-	-
Shareholders' Equity	2,017	2,008	2,036	1,226	1,082	613.6
Total Liabilities & Equity	2,426	2,353	2,466	1,579	1,494	863.4

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2019
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 '19 Dec 31, 2019
Total Debt	24.63	11.91	1.47	4.98	61.74	91.41
Net Cash (Debt)	483.44	563.53	883.18	158.97	26.03	-39.15
Net Cash Growth	-21.04%	-36.19%	455.57%	510.80%	-	-
Net Cash Per Share	3.33	3.83	6.35	1.44	0.24	-0.36
Filing Date Shares Outstanding	146.47	146.9	147.33	147.33	110.55	107.28
Total Common Shares Outstanding	146.47	146.9	147.33	110.5	110.55	107.28
Working Capital	654.92	714.97	882.62	246.2	138.21	134.07
Book Value Per Share	13.67	13.57	13.73	11.10	9.78	5.72
Tangible Book Value	1,907	1,895	1,952	1,154	1,009	579.25
Tangible Book Value Per Share	13.02	12.90	13.25	10.45	9.13	5.40
Buildings	538.23	532.3	535.66	239.5	239.5	104.15
Machinery	1,159	1,083	953.17	839.11	753.03	284.41
Construction In Progress	218.74	179.3	102.97	229.55	181.31	124.46