SHE:000978 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	76.49	166.39	47.87	61.25	38.94	69.68
Trading Asset Securities	-	-	-	-	1.87	-
Cash & Short-Term Investments	76.49	166.39	47.87	61.25	40.8	69.68
Cash Growth	-54.82%	247.62%	-21.85%	50.09%	-41.44%	50.06%
Accounts Receivable	64.61	40.53	59.39	65.05	57.87	61.62
Other Receivables	41.1	41.24	52.35	59.09	4.03	7.7
Receivables	105.71	81.78	111.73	124.13	86.24	143.48
Inventory	5.05	4.54	4.61	5.58	6.09	5.27
Prepaid Expenses	11.64	13.07	13.62	1.4	1.51	1.86
Other Current Assets	7.08	6.88	2.7	13.15	32.67	38.37
Total Current Assets	205.96	272.65	180.52	205.51	167.32	258.66
Property, Plant & Equipment	922.43	946.01	1,043	1,192	1,020	1,080
Long-Term Investments	506.46	525.5	548.66	477.59	472.41	491.85
Goodwill	19.05	19.05	19.05	19.05	19.05	19.05
Other Intangible Assets	332.2	342.22	341.29	361.89	376.48	395.91
Long-Term Deferred Tax Assets	4.09	3.81	3.48	11.46	11.23	9.06
Long-Term Deferred Charges	36.4	38.4	5.04	18.35	20.73	19.93
Other Long-Term Assets	24.57	22.17	16.54	56.12	274.74	281.28
Total Assets	2,051	2,170	2,157	2,342	2,362	2,556

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	65.29	101.92	108.72	71.49	69.98	70.19
Accrued Expenses	11.43	35.87	33.83	47.26	37.15	42.23
Short-Term Debt	1.03	5.15	6.43	6.74	108.14	38.26
Current Portion of Long-Term Debt	96.32	130.24	179.12	166.33	300.42	399.94
Current Portion of Leases	0.26	0.37	0.13	0.91	2.35	2.25
Current Income Taxes Payable	2.92	2.81	2.05	0.87	0.22	0.22
Current Unearned Revenue	6.67	8.76	5.98	5.36	5.29	6.12
Other Current Liabilities	25.55	36.94	42.68	40.16	30.8	31.75
Total Current Liabilities	209.48	322.06	378.93	339.12	554.35	590.96
Long-Term Debt	695.65	713.35	644.15	672.5	476.86	796.05
Long-Term Leases	1.86	1.66	1.34	1.33	2.5	4.48
Long-Term Unearned Revenue	51.48	49.35	55.26	44.41	44.74	44.4
Long-Term Deferred Tax Liabilities	0.32	0.34	0.2	1.37	1.5	-
Total Liabilities	958.79	1,087	1,080	1,059	1,080	1,436

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	468.13	468.13	468.13	468.13	468.13	360.1
Additional Paid-In Capital	1,318	1,329	1,329	1,329	1,329	971.2
Retained Earnings	-707.78	-713.92	-724.95	-520.49	-509.39	-227.52
Comprehensive Income & Other	-0.03	-0.03	-0.03	-0.03	-	-
Total Common Equity	1,079	1,083	1,072	1,276	1,287	1,104
Minority Interest	13.68	0.03	5.31	7.19	-5.28	16.41
Shareholders' Equity	1,092	1,083	1,077	1,284	1,282	1,120
Total Liabilities & Equity	2,051	2,170	2,157	2,342	2,362	2,556

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	795.12	850.77	831.17	847.8	890.27	1,241
Net Cash (Debt)	-718.64	-684.38	-783.3	-786.56	-849.47	-1,171
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.54	-1.46	-1.67	-1.68	-2.05	-3.25
Filing Date Shares Outstanding	468.13	468.13	468.13	468.13	468.13	360.1
Total Common Shares Outstanding	468.13	468.13	468.13	468.13	468.13	360.1
Working Capital	-3.52	-49.41	-198.41	-133.61	-387.03	-332.3
Book Value Per Share	2.30	2.31	2.29	2.73	2.75	3.07
Tangible Book Value	727.44	721.76	711.65	895.52	891.97	688.81
Tangible Book Value Per Share	1.55	1.54	1.52	1.91	1.91	1.91
Buildings	1,388	1,388	1,416	1,314	1,056	1,065
Machinery	626.3	623.59	654.35	648.05	670.73	673.29
Construction In Progress	7.86	1.47	22.85	250.02	234.67	217.86