SHE:000975 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	5,504	5,426	2,870	3,031	1,874	1,456
Trading Asset Securities	-	-	1,257	1,051	2,000	2,074
Cash & Short-Term Investments	5,504	5,426	4,127	4,082	3,874	3,530
Cash Growth	13.90%	31.48%	1.10%	5.36%	9.77%	74.92%
Accounts Receivable	60.04	5.57	21.11	42.04	39.81	39.98
Other Receivables	678.37	448.42	85.75	56.17	62.24	47.64
Receivables	738.41	454	106.86	98.21	102.05	87.62
Inventory	966.11	1,217	1,240	1,485	1,359	1,028
Prepaid Expenses	0.27	1	7.91	-	-	-
Other Current Assets	2,972	86.01	41.89	342.69	347.44	191.93
Total Current Assets	10,180	7,185	5,524	6,008	5,683	4,838
Property, Plant & Equipment	5,072	4,337	3,470	3,151	3,189	3,270
Long-Term Investments	20.82	20.82	20.82	20.82	14.3	44.3
Goodwill	452.37	452.37	452.37	452.37	452.37	452.37
Other Intangible Assets	8,517	8,292	8,437	6,447	6,572	7,112
Long-Term Deferred Tax Assets	257.19	232.06	209.15	170	135.35	98.31
Long-Term Deferred Charges	22.97	25.16	24.53	24.23	26.66	29.67
Other Long-Term Assets	160.33	80.92	51.32	26.31	91.55	88.55
Total Assets	24,684	20,625	18,189	16,299	16,164	15,933

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	2,716	965.01	603.93	1,517	1,530	1,881
Accrued Expenses	130.09	174.38	162.74	98.24	103.31	94.44
Short-Term Debt	20	5	0.39	210.19	839.66	682.03
Current Portion of Long-Term Debt	146.5	148	208	30	-	-
Current Portion of Leases	9.13	13.42	20.2	9.17	4.07	7.17
Current Income Taxes Payable	372.46	245	223.13	114.1	112.72	138.69
Current Unearned Revenue	99.05	65.68	3.39	19.97	20.96	16.16
Other Current Liabilities	675.73	613.33	632.08	407.38	364.64	268.76
Total Current Liabilities	4,169	2,230	1,854	2,406	2,975	3,089
Long-Term Debt	1,909	1,188	1,006	64.08	109.14	-
Long-Term Leases	11.17	13.6	11.64	24.05	10.14	10.35
Long-Term Unearned Revenue	0.26	0.27	0.31	0.34	0.38	0.41
Long-Term Deferred Tax Liabilities	156.58	140.25	193.01	224.03	249.02	302.47
Other Long-Term Liabilities	499.58	273.69	312.07	211.38	140.68	192.78
Total Liabilities	6,745	3,846	3,377	2,930	3,484	3,595

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	2,773	2,777	2,777	2,777	2,777	2,777
Additional Paid-In Capital	4,334	4,431	4,431	4,431	4,431	4,431
Retained Earnings	8,777	7,693	5,735	4,339	3,692	3,262
Treasury Stock	-	-34.1	-	-	-	-
Comprehensive Income & Other	36.78	51.39	38.48	13.79	12.26	-3.81
Total Common Equity	15,920	14,918	12,981	11,561	10,913	10,466
Minority Interest	2,018	1,862	1,831	1,808	1,767	1,872
Shareholders' Equity	17,939	16,780	14,812	13,369	12,679	12,339
Total Liabilities & Equity	24,684	20,625	18,189	16,299	16,164	15,933

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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	2,096	1,368	1,247	337.48	963.01	699.55
Net Cash (Debt)	3,408	4,058	2,880	3,745	2,911	2,830
Net Cash Growth	-2.43%	40.89%	-23.08%	28.62%	2.87%	76.47%
Net Cash Per Share	1.23	1.46	1.04	1.35	1.05	1.02
Filing Date Shares Outstanding	2,773	2,775	2,777	2,777	2,777	2,777
Total Common Shares Outstanding	2,773	2,775	2,777	2,777	2,777	2,777
Working Capital	6,012	4,955	3,670	3,601	2,708	1,749
Book Value Per Share	5.74	5.38	4.67	4.16	3.93	3.77
Tangible Book Value	6,950	6,173	4,092	4,661	3,888	2,902
Tangible Book Value Per Share	2.51	2.22	1.47	1.68	1.40	1.05
Buildings	2,326	2,339	2,284	2,116	2,074	2,058
Machinery	2,106	1,987	1,929	1,874	1,803	1,641
Construction In Progress	1,776	1,020	257.82	388.17	247.34	424.66