SHE:001232 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	708.84	384.53	664.03	599.33	744.22	566.71
Short-Term Investments	74.43	62.17	141.1	532.91	166.61	-
Trading Asset Securities	3,995	3,871	2,957	2,007	1,084	945.11
Cash & Short-Term Investments	4,778	4,318	3,762	3,139	1,994	1,512
Cash Growth	-	14.76%	19.86%	57.39%	31.92%	12.11%
Accounts Receivable	1,052	698.02	317.78	236.81	283.06	312.29
Other Receivables	60.7	40.62	74.45	66.77	72.9	25.24
Receivables	1,113	738.64	392.23	303.58	355.95	337.53
Inventory	1,464	810.53	525.27	464.15	600.26	512.63
Other Current Assets	344.72	312.44	223.07	147.08	185.43	314.74
Total Current Assets	7,700	6,179	4,903	4,054	3,136	2,677
Property, Plant & Equipment	4,088	3,735	2,904	2,280	1,867	1,704
Long-Term Investments	103.35	102.69	89.89	172	570.62	522.43
Goodwill	16.29	16.57	17.13	17.86	18.46	19.06
Other Intangible Assets	510.12	478.37	165.19	174.43	101.41	105.17
Long-Term Deferred Tax Assets	85.06	77.26	70.57	105.17	79.3	79.08
Long-Term Deferred Charges	125.97	83.33	34.86	21.31	16.92	10.15
Other Long-Term Assets	348.12	221.34	365.52	261.55	255.44	189.06
Total Assets	12,976	10,894	8,550	7,086	6,045	5,306

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	2,790	2,200	1,534	1,263	1,128	900.36
Accrued Expenses	254.95	204.55	147.39	106.63	83.59	170.5
Short-Term Debt	-	-	-	10.01	27.51	160.58
Current Portion of Leases	21.98	-	-	-	-	13.53
Current Income Taxes Payable	104.63	135.13	99.34	76.43	71.81	39.47
Current Unearned Revenue	916.88	512.33	335.63	242.29	214.35	120.02
Other Current Liabilities	117.39	199.05	197.81	154.48	142.08	566.71
Total Current Liabilities	4,292	3,251	2,314	1,853	1,668	1,971
Long-Term Leases	30.62	28.79	22.3	34.35	39.15	43.45
Long-Term Deferred Tax Liabilities	98.17	87.48	75.46	112.23	84.7	61.67
Other Long-Term Liabilities	319.77	315.15	311.62	333.17	331.84	442.93
Total Liabilities	4,741	3,682	2,723	2,333	2,123	2,519

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	500	500	500	500	500	330
Additional Paid-In Capital	2,847	2,908	2,834	2,760	2,685	1,143
Retained Earnings	4,846	3,763	2,462	1,463	724.99	1,307
Comprehensive Income & Other	42.32	40.83	30.46	30.16	12.11	7.08
Total Common Equity	8,235	7,212	5,827	4,753	3,922	2,787
Shareholders' Equity	8,235	7,212	5,827	4,753	3,922	2,787
Total Liabilities & Equity	12,976	10,894	8,550	7,086	6,045	5,306

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	139.58	28.79	22.3	44.36	66.65	217.56
Net Cash (Debt)	4,639	4,289	3,740	3,095	1,928	1,294
Net Cash Growth	-	14.67%	20.86%	60.53%	48.95%	5.58%
Net Cash Per Share	9.26	8.57	7.49	6.20	3.91	2.65
Filing Date Shares Outstanding	555.56	500	500	498.96	500	488.44
Total Common Shares Outstanding	555.56	500	500	498.96	500	488.44
Working Capital	3,407	2,929	2,589	2,201	1,468	705.54
Book Value Per Share	14.82	14.42	11.65	9.53	7.84	5.71
Tangible Book Value	7,709	6,717	5,644	4,561	3,802	2,663
Tangible Book Value Per Share	13.88	13.43	11.29	9.14	7.60	5.45
Buildings	1,231	1,210	962.78	645.3	637.37	609.67
Machinery	3,544	3,169	2,403	1,959	1,478	1,084
Construction In Progress	555.06	435.7	347.51	213.58	111.22	254.83