SHE:000958 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	9,112	3,933	6,037	1,977	3,142	2,321
Short-Term Investments	-	-	423.22	320.88	178.37	641.38
Trading Asset Securities	-	-	18,143	16,896	16,531	14,913
Accounts Receivable	5,553	5,256	4,851	3,493	2,893	2,742
Other Receivables	674.36	379.69	724.86	170.97	233.99	282.93
Inventory	2,273	2,754	2,132	144.03	128.63	305.37
Prepaid Expenses	35.29	38.33	48.29	-	-	4.11
Loans Receivable Current	-	-	320.67	559.5	1,094	2,015
Other Current Assets	1,276	1,366	2,580	1,289	1,236	2,123
Total Current Assets	18,923	13,727	35,260	24,851	25,438	25,348
Property, Plant & Equipment	99,213	96,168	87,995	12,952	13,491	14,328
Goodwill	-	-	546.16	546.16	546.16	546.16
Other Intangible Assets	719.97	732.84	751.91	250.01	234.05	214.25
Long-Term Investments	21,406	21,408	25,325	4,800	5,146	4,833
Long-Term Loans Receivable	-	-	1,602	1,215	208.97	873.22
Long-Term Deferred Tax Assets	189.3	176.51	532.56	452.83	408.12	318.97
Long-Term Deferred Charges	633.53	606.8	515.31	32.19	47.73	37.71
Other Long-Term Assets	7,788	6,586	5,052	728.93	670.07	811.78
Total Assets	148,874	139,406	157,581	45,827	46,190	47,311

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	1,373	2,217	1,662	1,530	1,602	1,747
Accrued Expenses	807.11	710.93	943.94	116.01	82.13	92.1
Short-Term Debt	8,180	6,901	3,380	1,457	1,694	3,101
Current Portion of Long-Term Debt	4,979	4,606	11,519	564.28	662.11	2,915
Current Unearned Revenue	196.26	541.51	602.07	566.76	525.77	452.16
Current Portion of Leases	28.66	138.15	136.38	122.09	152.67	160.86
Current Income Taxes Payable	34.26	31.66	90.76	123.07	91.24	156
Other Current Liabilities	1,414	1,521	8,164	2,249	3,074	3,548
Total Current Liabilities	17,012	16,669	26,498	6,728	7,884	12,173
Long-Term Debt	69,373	66,317	55,224	8,444	8,754	7,949
Long-Term Leases	400.03	228.68	381.03	259.5	322.59	427.13
Long-Term Unearned Revenue	205.85	226.56	268.58	340.71	410.03	469.47
Long-Term Deferred Tax Liabilities	65.62	59.43	364.44	313.14	277.82	133.55
Other Long-Term Liabilities	576.37	523.07	1,581	759.52	537.93	726.68
Total Liabilities	87,633	84,023	84,317	16,844	18,186	21,879

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	18,317	17,373	5,383	5,383	5,383	5,383
Additional Paid-In Capital	12,447	8,496	25,118	6,335	6,336	6,015
Retained Earnings	20,064	18,301	16,199	7,586	6,636	5,964
Comprehensive Income & Other	39.49	20.23	-13.42	38.02	101.23	208.14
Total Common Equity	50,867	44,190	46,686	19,343	18,457	17,571
Minority Interest	10,374	11,193	26,578	9,640	9,547	7,861
Shareholders' Equity	61,241	55,383	73,264	28,983	28,004	25,432
Total Liabilities & Equity	148,874	139,406	157,581	45,827	46,190	47,311

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	82,960	78,191	70,640	10,846	11,586	14,553
Net Cash (Debt)	-73,848	-74,258	-46,037	8,348	8,267	3,322
Net Cash Growth	-	-	-	0.98%	148.86%	-80.78%
Net Cash Per Share	-4.84	-5.73	-3.55	1.55	1.54	0.62
Filing Date Shares Outstanding	18,317	17,373	5,383	5,383	5,383	5,383
Total Common Shares Outstanding	18,317	17,373	5,383	5,383	5,383	5,383
Working Capital	1,911	-2,941	8,763	18,123	17,554	13,175
Book Value Per Share	2.78	2.54	8.67	3.59	3.43	3.26
Tangible Book Value	50,147	43,457	45,388	18,546	17,676	16,811
Tangible Book Value Per Share	2.74	2.50	8.43	3.45	3.28	3.12
Buildings	14,950	14,950	14,871	1,855	1,856	1,800
Machinery	55,002	54,929	54,156	15,211	15,027	13,926
Construction In Progress	49,952	45,651	35,515	385.42	168.83	1,231