SHE:000628 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	Jan '22 Jan 1, 2022
Cash & Equivalents	870.39	1,229	1,339	1,625	2,556	2,187
Trading Asset Securities	-	-	-	-	339.81	213.84
Cash & Short-Term Investments	870.39	1,229	1,339	1,625	2,896	2,401
Cash Growth	25.11%	-8.22%	-17.58%	-43.89%	20.63%	15.01%
Accounts Receivable	8,482	9,683	11,050	9,437	8,387	6,613
Other Receivables	204.68	255.09	278.43	289.12	1,129	1,094
Receivables	8,687	9,938	11,329	9,726	9,515	7,707
Inventory	33.49	41.16	105.32	122.25	67.15	6.91
Other Current Assets	109.46	122.51	374.04	143.4	145.57	60.1
Total Current Assets	9,700	11,331	13,148	11,617	12,624	10,175
Property, Plant & Equipment	274.16	265.98	459.38	502.68	109.12	56.86
Long-Term Investments	696.87	701.89	742.19	1,010	412.46	373.85
Goodwill	-	-	53.19	158.55	161.57	-
Other Intangible Assets	92.95	98.58	151.55	166.53	178.55	35.09
Long-Term Accounts Receivable	56.05	21.17	41.34	9.85	-	-
Long-Term Deferred Tax Assets	88.08	86.55	63.31	50.08	64.18	30.19
Long-Term Deferred Charges	7.85	4.17	29.96	57.06	56.94	64.09
Other Long-Term Assets	22.28	24.16	29.53	40.87	72.99	93.45
Total Assets	10,939	12,533	14,718	13,612	13,680	10,828

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	Jan '22 Jan 1, 2022
Accounts Payable	5,876	6,846	8,117	7,316	6,595	5,152
Accrued Expenses	92.05	87.24	74.34	82.16	67.6	59.65
Short-Term Debt	84.69	95.08	598.75	125.12	245.16	260.34
Current Portion of Long-Term Debt	1,007	1,303	365.75	669.51	666.02	347.81
Current Portion of Leases	0.92	1.49	2.94	3.01	5.86	7.49
Current Income Taxes Payable	26.99	60.44	38.9	42.58	49.6	31.49
Current Unearned Revenue	129.44	94.53	171.39	204	381.47	173.81
Other Current Liabilities	796.84	918.31	1,182	1,316	2,860	2,615
Total Current Liabilities	8,013	9,406	10,551	9,759	10,870	8,647
Long-Term Debt	672.2	880.75	1,905	1,571	777.4	496.4
Long-Term Leases	1.36	1.36	3.16	4.51	3.86	5.6
Long-Term Unearned Revenue	8.15	3.5	13.05	1	1.02	0.55
Long-Term Deferred Tax Liabilities	33.96	37.29	89.66	81.67	37.8	0.42
Other Long-Term Liabilities	0.38	0.45	0.85	16.17	13.75	14.02
Total Liabilities	8,729	10,329	12,562	11,433	11,704	9,164

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	Jan '22 Jan 1, 2022
Common Stock	352.28	352.28	352.28	352.28	352.28	352.28
Additional Paid-In Capital	899.3	898.74	898.78	898.78	900.62	900.45
Retained Earnings	953.44	940.14	850.28	842.45	485.32	296.8
Comprehensive Income & Other	14.11	14.49	13.83	13.63	12.92	8.67
Total Common Equity	2,219	2,206	2,115	2,107	1,751	1,558
Minority Interest	-10.03	-1.39	40.8	71.89	224.69	106.34
Shareholders' Equity	2,209	2,204	2,156	2,179	1,976	1,665
Total Liabilities & Equity	10,939	12,533	14,718	13,612	13,680	10,828

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	Jan '22 Jan 1, 2022
Total Debt	1,766	2,282	2,875	2,373	1,698	1,118
Net Cash (Debt)	-895.76	-1,052	-1,536	-748.18	1,198	1,283
Net Cash Growth	-	-	-	-	-6.66%	12.17%
Net Cash Per Share	-2.54	-2.99	-4.35	-2.12	3.40	3.65
Filing Date Shares Outstanding	352.28	352.28	352.28	352.28	352.28	352.28
Total Common Shares Outstanding	352.28	352.28	352.28	352.28	352.28	352.28
Working Capital	1,687	1,925	2,597	1,858	1,754	1,528
Book Value Per Share	6.30	6.26	6.00	5.98	4.97	4.42
Tangible Book Value	2,126	2,107	1,910	1,782	1,411	1,523
Tangible Book Value Per Share	6.04	5.98	5.42	5.06	4.01	4.32
Buildings	281.43	280.72	289.48	399.36	38.41	30.13
Machinery	55.73	54.03	262.4	37.35	74.74	54.72
Construction In Progress	27.97	11.66	1.61	121.48	47.8	7.98