SHE:000061 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	2,213	1,861	1,652	1,599	1,451	1,531
Trading Asset Securities	760.62	1,364	-	-	-	-
Cash & Short-Term Investments	2,974	3,224	1,652	1,599	1,451	1,531
Cash Growth	94.67%	95.21%	3.31%	10.18%	-5.24%	10.30%
Accounts Receivable	407.74	415.27	377.11	271.27	205.03	124.76
Other Receivables	725.44	737.15	740.52	662.45	739.93	897.98
Receivables	1,133	1,152	1,118	933.72	944.96	1,023
Inventory	985.54	981.43	965.87	903.04	849.32	907.19
Prepaid Expenses	-	12.5	20.11	27.5	21.36	13.28
Other Current Assets	409.06	427.88	485.1	247.28	395.03	459.29
Total Current Assets	5,501	5,799	4,241	3,710	3,662	3,934
Property, Plant & Equipment	3,947	3,864	3,477	4,301	4,686	4,406
Long-Term Investments	2,493	2,316	2,367	2,446	2,391	2,328
Goodwill	7.87	7.87	8.18	8.18	8.18	8.18
Other Intangible Assets	2,774	2,989	1,336	1,305	1,441	1,559
Long-Term Deferred Tax Assets	138.74	134.16	124.68	115.65	93.19	40.52
Long-Term Deferred Charges	219.18	225.62	232.2	243.54	259.06	291.65
Other Long-Term Assets	9,100	8,867	9,399	8,894	8,205	7,825
Total Assets	24,180	24,203	21,494	21,284	20,990	20,670

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	1,230	1,345	1,457	1,568	1,347	1,028
Accrued Expenses	373.18	540.95	573.18	547.08	497.86	467.22
Short-Term Debt	4,282	5,131	5,249	4,810	4,485	4,615
Current Portion of Long-Term Debt	226.76	316.8	278.23	243.59	219.09	139.97
Current Portion of Leases	-	38.68	33.12	78.21	66.38	81.41
Current Income Taxes Payable	194.63	91.86	69.48	58.54	39.1	92.07
Current Unearned Revenue	643.67	567.84	490.95	287	435.77	515.26
Other Current Liabilities	1,575	1,365	1,584	1,078	1,223	904.76
Total Current Liabilities	8,526	9,397	9,735	8,670	8,313	7,843
Long-Term Debt	2,103	1,441	1,483	1,466	1,731	2,013
Long-Term Leases	187	190.1	66.56	594.21	650.2	477.12
Long-Term Unearned Revenue	1,876	1,945	2,168	2,568	2,715	2,793
Long-Term Deferred Tax Liabilities	8.5	8.62	8.29	33.48	46	17.39
Other Long-Term Liabilities	29.22	29.32	30.45	37.32	44.19	50.07
Total Liabilities	12,730	13,011	13,492	13,369	13,500	13,193

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	1,985	1,985	1,697	1,697	1,697	1,697
Additional Paid-In Capital	4,451	4,451	2,816	2,785	2,783	2,783
Retained Earnings	2,210	2,075	1,822	1,632	1,251	1,182
Comprehensive Income & Other	-3.48	-1.81	-0.61	-1.65	-0.16	-0.33
Total Common Equity	8,642	8,509	6,334	6,113	5,730	5,661
Minority Interest	2,809	2,683	1,668	1,802	1,760	1,815
Shareholders' Equity	11,451	11,192	8,002	7,915	7,490	7,476
Total Liabilities & Equity	24,180	24,203	21,494	21,284	20,990	20,670

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	6,799	7,117	7,110	7,192	7,152	7,326
Net Cash (Debt)	-3,825	-3,893	-5,458	-5,593	-5,701	-5,794
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.80	-1.96	-3.22	-3.30	-3.36	-3.41
Filing Date Shares Outstanding	1,985	1,985	1,697	1,697	1,697	1,697
Total Common Shares Outstanding	1,985	1,985	1,697	1,697	1,697	1,697
Working Capital	-3,024	-3,599	-5,494	-4,960	-4,652	-3,909
Book Value Per Share	4.35	4.29	3.73	3.60	3.38	3.34
Tangible Book Value	5,861	5,512	4,989	4,800	4,281	4,094
Tangible Book Value Per Share	2.95	2.78	2.94	2.83	2.52	2.41
Buildings	-	1,997	2,026	2,084	2,075	2,051
Machinery	-	734.31	730.49	748.63	733.81	712.9
Construction In Progress	-	2,306	1,976	2,061	2,313	2,092