SHE:000592 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	416.73	319.92	429.33	356.94	466.11	426.09
Short-Term Investments	-	-	54.27	36.69	-	-
Trading Asset Securities	567.15	486.6	282.34	432.11	295.08	384
Cash & Short-Term Investments	983.88	806.52	765.94	825.73	761.19	810.09
Cash Growth	21.01%	5.30%	-7.24%	8.48%	-6.04%	-2.56%
Accounts Receivable	147.06	181.71	261.47	240.84	245.87	335.97
Other Receivables	102.27	62.05	77.2	97.54	105.34	105.53
Receivables	249.33	243.77	338.67	338.37	351.2	441.51
Inventory	914.41	1,298	1,727	1,932	1,995	1,960
Prepaid Expenses	25.57	-	-	-	-	-
Other Current Assets	7.39	90.06	178.3	242.85	206.9	276.99
Total Current Assets	2,181	2,438	3,009	3,339	3,314	3,489
Property, Plant & Equipment	284.34	286.74	345.29	340.19	349.78	305.21
Long-Term Investments	73.07	73.45	86.3	140.28	174.48	94.19
Goodwill	3.01	3.01	3.01	48.41	48.41	50.46
Other Intangible Assets	85.63	86.78	96.71	59.08	45.12	41.56
Long-Term Deferred Tax Assets	1.36	5.48	8.37	23.25	18.13	17.85
Long-Term Deferred Charges	0.39	0.44	0.97	1.33	1.03	3.72
Other Long-Term Assets	150.86	301.65	160.29	174.19	154.73	155.36
Total Assets	2,779	3,196	3,710	4,125	4,106	4,157

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	214.94	320.67	321.45	304.73	320.46	316.46
Accrued Expenses	10.44	20.45	23.25	27.92	20.2	32.23
Short-Term Debt	4.95	62.91	105.52	15.92	16.4	10.95
Current Portion of Leases	1.29	0.98	2.09	3.35	3.98	0.48
Current Income Taxes Payable	0.03	0.38	7.44	10.27	7.83	12.2
Current Unearned Revenue	91.36	179	494.81	897.55	897.27	906.29
Other Current Liabilities	747.24	839.82	774.03	684.79	530.46	377.9
Total Current Liabilities	1,070	1,424	1,729	1,945	1,797	1,657
Long-Term Leases	3.77	3.9	7.59	28.34	15.97	2.72
Long-Term Unearned Revenue	0.55	0.73	1.09	1.46	5.55	2.18
Long-Term Deferred Tax Liabilities	1.01	0.78	0.56	4.36	0.64	1.35
Other Long-Term Liabilities	17.94	7.6	3.36	3.23	3.23	3.23
Total Liabilities	1,094	1,437	1,741	1,982	1,822	1,666

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	1,932	1,932	1,932	1,932	1,932	1,932
Additional Paid-In Capital	1,419	1,419	1,419	1,419	1,419	1,420
Retained Earnings	-1,591	-1,521	-1,408	-1,291	-983.54	-754.03
Treasury Stock	-56.2	-56.2	-56.2	-	-	-
Total Common Equity	1,704	1,774	1,887	2,060	2,368	2,597
Minority Interest	-18.61	-15.42	82.43	83.69	-83.72	-106.5
Shareholders' Equity	1,686	1,758	1,969	2,144	2,284	2,491
Total Liabilities & Equity	2,779	3,196	3,710	4,125	4,106	4,157

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	10.01	67.8	115.2	47.61	36.35	14.15
Net Cash (Debt)	973.88	738.72	650.74	778.13	724.84	795.94
Net Cash Growth	31.83%	13.52%	-16.37%	7.35%	-8.93%	-2.71%
Net Cash Per Share	0.51	0.39	0.34	0.40	0.38	0.41
Filing Date Shares Outstanding	1,894	1,894	1,894	1,932	1,932	1,932
Total Common Shares Outstanding	1,894	1,894	1,894	1,932	1,932	1,932
Working Capital	1,110	1,014	1,281	1,394	1,518	1,832
Book Value Per Share	0.90	0.94	1.00	1.07	1.23	1.34
Tangible Book Value	1,616	1,684	1,787	1,952	2,274	2,505
Tangible Book Value Per Share	0.85	0.89	0.94	1.01	1.18	1.30
Buildings	249.46	250.22	256.86	249.41	221.25	240.79
Machinery	411.94	398.5	382.2	362.08	395.24	404.88
Construction In Progress	8.34	9.35	40.09	11.92	17.84	2.15