SHE:000683 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	3,576	1,278	3,800	3,568	2,062	4,865
Short-Term Investments	-	-	-	1,171	3,415	1,762
Trading Asset Securities	-	-	165.69	-	28.22	-
Cash & Short-Term Investments	3,576	1,278	3,965	4,739	5,505	6,627
Cash Growth	-39.12%	-67.76%	-16.32%	-13.92%	-16.93%	87.73%
Accounts Receivable	759.48	90	258.22	1,024	874.63	791.01
Other Receivables	55.8	64.14	82.07	245.38	380.49	708.57
Receivables	815.27	154.14	340.3	1,270	1,255	1,500
Inventory	978.74	616.48	772.35	534.82	776.25	675.61
Prepaid Expenses	498.73	572.46	426.2	679.02	368.89	139.82
Other Current Assets	864.92	831.68	1,039	98.72	135.26	146.13
Total Current Assets	6,734	3,453	6,543	7,321	8,041	9,088
Property, Plant & Equipment	25,748	25,230	21,120	19,852	15,848	11,704
Long-Term Investments	4,027	5,867	4,885	4,446	3,834	2,721
Goodwill	3.15	3.15	3.15	3.15	3.15	3.15
Other Intangible Assets	2,101	1,686	1,573	1,478	836.51	973.37
Long-Term Accounts Receivable	10.23	9.95	9.43	35.34	-	18.49
Long-Term Deferred Tax Assets	126.53	109.47	97.12	70.47	56.94	35.19
Long-Term Deferred Charges	447.83	466.42	391.76	206.29	113.3	121.11
Other Long-Term Assets	836.31	796.89	1,253	682.27	1,130	1,410
Total Assets	40,033	37,623	35,876	34,094	29,862	26,075

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	4,929	4,427	3,687	3,110	4,932	2,877
Accrued Expenses	156.29	236.31	273.35	224.06	314.37	194.66
Short-Term Debt	3,042	2,193	1,603	2,513	2,863	3,291
Current Portion of Long-Term Debt	1,140	1,029	1,955	764.79	193.18	260.14
Current Portion of Leases	316.52	526.19	503.43	585.21	273.45	198.02
Current Income Taxes Payable	96.62	114.04	91.82	152.24	222.79	183.1
Current Unearned Revenue	1,136	1,086	1,121	442.65	497.23	655.22
Other Current Liabilities	1,921	2,531	677.99	724.38	196.39	3,386
Total Current Liabilities	12,738	12,143	9,913	8,516	9,492	11,045
Long-Term Debt	10,215	8,285	4,699	5,295	3,089	698.2
Long-Term Leases	304.78	182.04	77	909.75	429.92	143.83
Long-Term Unearned Revenue	53.82	54.76	60.98	62.53	69.12	67.1
Long-Term Deferred Tax Liabilities	13.78	13.2	11.42	11.49	7.88	7.02
Other Long-Term Liabilities	364.2	383	1,492	1,368	54.7	61.37
Total Liabilities	23,690	21,061	16,254	16,163	13,143	12,023

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	3,717	3,717	3,739	3,740	3,622	3,673
Additional Paid-In Capital	203.4	191.67	732.81	573.37	203.83	146.81
Retained Earnings	8,292	8,573	10,203	9,519	8,652	7,930
Treasury Stock	-85.82	-85.82	-312.77	-433.56	-	-144.01
Comprehensive Income & Other	209.9	165.74	133.55	86.42	52.72	48.03
Total Common Equity	12,336	12,561	14,496	13,486	12,531	11,654
Minority Interest	4,008	4,000	5,127	4,445	4,189	2,398
Shareholders' Equity	16,344	16,562	19,622	17,931	16,719	14,052
Total Liabilities & Equity	40,033	37,623	35,876	34,094	29,862	26,075

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	15,018	12,215	8,838	10,068	6,849	4,591
Net Cash (Debt)	-11,442	-10,937	-4,872	-5,329	-1,344	2,036
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.07	-2.96	-1.32	-1.47	-0.37	0.56
Filing Date Shares Outstanding	3,761	3,787	3,731	3,622	3,622	3,622
Total Common Shares Outstanding	3,761	3,787	3,731	3,622	3,622	3,622
Working Capital	-6,004	-8,689	-3,370	-1,195	-1,452	-1,957
Book Value Per Share	3.28	3.32	3.89	3.72	3.46	3.22
Tangible Book Value	10,232	10,872	12,919	12,005	11,691	10,678
Tangible Book Value Per Share	2.72	2.87	3.46	3.31	3.23	2.95
Buildings	13,565	10,935	9,248	9,403	5,641	5,400
Machinery	20,717	18,903	17,766	14,781	10,832	10,789
Construction In Progress	1,370	4,508	1,784	2,107	6,029	1,638