SHE:000551 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	1,567	1,497	1,246	1,162	1,293	979.82
Short-Term Investments	-	154.87	-	-	-	-
Cash & Short-Term Investments	1,567	1,652	1,246	1,162	1,293	979.82
Cash Growth	24.12%	32.60%	7.16%	-10.10%	31.95%	-1.34%
Accounts Receivable	1,189	1,163	1,133	1,030	940.55	905.35
Other Receivables	71.08	66.41	81.57	69.92	57.85	87.56
Receivables	1,260	1,229	1,215	1,100	998.4	992.9
Inventory	1,409	1,254	1,419	1,434	1,439	1,239
Prepaid Expenses	-	-	-	-	-	0
Other Current Assets	354.53	129.08	154.09	330.49	453.46	379.42
Total Current Assets	4,591	4,264	4,034	4,027	4,184	3,591
Property, Plant & Equipment	1,007	1,025	927.33	943.93	955.94	986.58
Long-Term Investments	680.13	726.17	820.94	760.02	700.46	436.64
Goodwill	24.28	24.28	30.67	50.78	70.96	46.68
Other Intangible Assets	151.12	160.19	165.72	170.94	178.35	162.72
Long-Term Accounts Receivable	-	17.74	6.98	16.31	19.64	25.34
Long-Term Deferred Tax Assets	108.53	104.72	102.67	84.38	76.23	71.91
Long-Term Deferred Charges	2.48	2.75	3.17	3.05	3.81	3.94
Other Long-Term Assets	179.38	100.74	121.79	108.35	115.34	128.33
Total Assets	6,744	6,425	6,213	6,165	6,305	5,453

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	1,400	1,296	1,221	1,213	1,364	1,327
Accrued Expenses	71.62	91.78	74.18	87.98	143.39	62.97
Short-Term Debt	172.31	224.04	311.07	579.03	541.51	611.33
Current Portion of Long-Term Debt	-	35.02	10.03	10.07	0.14	-
Current Portion of Leases	-	9.03	8.22	7.61	7.13	5.98
Current Income Taxes Payable	-	23.6	19.62	12.38	6.31	6.52
Current Unearned Revenue	421.8	270.49	425.61	619.97	660.96	440.89
Other Current Liabilities	353.41	308.76	304.06	93.96	67.56	86.5
Total Current Liabilities	2,420	2,259	2,374	2,624	2,791	2,541
Long-Term Debt	-	-	35	85	120	-
Long-Term Leases	4	1.49	9.81	17.66	6.62	13.06
Long-Term Unearned Revenue	56.42	59.5	51.07	52.76	52.64	52.86
Long-Term Deferred Tax Liabilities	86.42	79.64	76.49	55.82	92.93	49.17
Total Liabilities	2,566	2,399	2,546	2,835	3,063	2,656

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	484.73	484.73	403.94	403.98	403.98	400.08
Additional Paid-In Capital	321.51	322.87	400.68	398.12	390.33	379.87
Retained Earnings	1,991	1,841	1,585	1,362	1,235	1,071
Treasury Stock	-	-6.47	-13.2	-20.65	-20.65	-
Comprehensive Income & Other	265.02	262.89	244.31	194.73	289.12	144.92
Total Common Equity	3,063	2,905	2,620	2,338	2,297	1,995
Minority Interest	1,115	1,121	1,047	991.83	944	801.05
Shareholders' Equity	4,177	4,026	3,667	3,330	3,241	2,796
Total Liabilities & Equity	6,744	6,425	6,213	6,165	6,305	5,453

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	176.31	269.58	374.13	699.37	675.4	630.36
Net Cash (Debt)	1,391	1,382	871.41	462.91	617.48	349.46
Net Cash Growth	47.38%	58.60%	88.24%	-25.03%	76.70%	-16.02%
Net Cash Per Share	2.87	2.86	1.81	0.95	1.28	0.73
Filing Date Shares Outstanding	484.87	483.01	481.61	480.1	480.1	480.1
Total Common Shares Outstanding	484.87	483.01	481.61	480.1	480.1	480.1
Working Capital	2,171	2,005	1,660	1,403	1,393	1,049
Book Value Per Share	6.32	6.01	5.44	4.87	4.79	4.16
Tangible Book Value	2,887	2,720	2,424	2,116	2,048	1,786
Tangible Book Value Per Share	5.95	5.63	5.03	4.41	4.27	3.72
Buildings	-	934.14	870.3	867.93	861.04	858.2
Machinery	-	1,229	1,104	1,151	1,110	1,042
Construction In Progress	-	21.83	34.7	8.37	3.99	16.15