SHE:000970 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	-	1,742	2,459	2,339	2,106	1,460
Trading Asset Securities	-	191.65	50.36	36.32	27.53	44.3
Cash & Short-Term Investments	1,833	1,934	2,510	2,375	2,133	1,504
Cash Growth	-16.00%	-22.94%	5.67%	11.33%	41.86%	-13.40%
Accounts Receivable	-	2,227	2,200	2,529	3,261	2,447
Other Receivables	-	52.54	48.86	33.09	39.54	31.3
Receivables	-	2,280	2,249	2,562	3,301	2,479
Inventory	-	3,145	2,664	3,269	3,514	2,982
Other Current Assets	-	140.92	150.37	191.74	183.97	155.29
Total Current Assets	-	7,500	7,572	8,398	9,132	7,120
Property, Plant & Equipment	-	1,916	1,953	1,972	1,759	1,464
Long-Term Investments	-	453.73	453.46	458.21	394	334.92
Goodwill	-	25.49	25.49	25.49	26.62	26.62
Other Intangible Assets	-	113.13	117.22	121.76	122.27	141.43
Long-Term Accounts Receivable	-	1.2	2.01	-	-	-
Long-Term Deferred Tax Assets	-	141.64	110.51	59.68	43.87	18.75
Long-Term Deferred Charges	-	50.87	63.96	69.8	68.21	63.37
Other Long-Term Assets	-	35.21	59.1	113.59	167.63	97.8
Total Assets	-	10,237	10,357	11,218	11,713	9,266

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	-	1,330	1,179	1,236	1,456	1,900
Accrued Expenses	-	158.01	203.81	205.23	243.72	135.94
Short-Term Debt	-	145.56	160.59	680.3	1,674	886.95
Current Portion of Long-Term Debt	-	97.52	536.64	183.31	44.97	11.34
Current Portion of Leases	-	4.46	3.51	8.17	6.31	6.58
Current Income Taxes Payable	-	22.01	22.07	19.29	82.52	76.03
Current Unearned Revenue	-	146.11	187.36	76.13	94.65	55.99
Other Current Liabilities	-	226.27	187.95	145.09	30.9	19.74
Total Current Liabilities	-	2,129	2,481	2,553	3,633	3,093
Long-Term Debt	-	572.98	145.99	734.06	387.98	162.52
Long-Term Leases	-	20.31	20.35	32.47	19.49	24.93
Long-Term Unearned Revenue	-	61.51	69.4	78.08	44.03	53.56
Long-Term Deferred Tax Liabilities	-	-	-	9.72	9.68	4.55
Total Liabilities	-	2,784	2,716	3,408	4,094	3,338

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	-	1,216	1,216	1,216	1,216	1,065
Additional Paid-In Capital	-	977.85	977.14	977.12	982.32	431.91
Retained Earnings	-	4,383	4,316	4,372	4,231	3,483
Treasury Stock	-	-107.96	-107.96	-	-	-
Comprehensive Income & Other	-	48.57	38.49	24.83	7.49	5.21
Total Common Equity	6,535	6,517	6,439	6,590	6,437	4,986
Minority Interest	-	935.04	1,201	1,221	1,182	942.13
Shareholders' Equity	7,475	7,452	7,640	7,811	7,619	5,928
Total Liabilities & Equity	-	10,237	10,357	11,218	11,713	9,266

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	796.77	840.83	867.09	1,638	2,133	1,092
Net Cash (Debt)	1,037	1,093	1,642	736.69	0.52	411.53
Net Cash Growth	-26.92%	-33.46%	122.95%	141304.14%	-99.87%	-69.79%
Net Cash Per Share	0.86	0.91	1.35	0.61	0.00	0.39
Filing Date Shares Outstanding	1,201	1,204	1,204	1,216	1,216	1,065
Total Common Shares Outstanding	1,201	1,204	1,204	1,216	1,216	1,065
Working Capital	-	5,370	5,091	5,845	5,499	4,027
Book Value Per Share	5.43	5.41	5.35	5.42	5.29	4.68
Tangible Book Value	6,397	6,379	6,297	6,442	6,288	4,818
Tangible Book Value Per Share	5.32	5.30	5.23	5.30	5.17	4.52
Buildings	-	1,319	1,299	1,274	1,044	775.29
Machinery	-	2,123	2,094	1,891	1,800	1,649
Construction In Progress	-	87.13	53.75	168.14	285.32	293.11