SHE:001283 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	963.59	1,196	1,060	2,181	1,006	447.04
Trading Asset Securities	-	-	-	-	100	-
Cash & Short-Term Investments	963.59	1,196	1,060	2,181	1,106	447.04
Cash Growth	26.42%	12.83%	-51.39%	97.20%	147.35%	-11.16%
Accounts Receivable	1,830	1,502	1,665	1,614	809.09	870.98
Other Receivables	79.34	64.2	55.88	77.24	98.72	49.61
Receivables	1,909	1,567	1,721	1,691	907.8	920.59
Inventory	1,122	740.43	864.35	709.1	640.4	501.89
Prepaid Expenses	3.37	-	-	2.78	2.47	11.64
Other Current Assets	418.06	364.62	438.74	197.7	87.09	56.1
Total Current Assets	4,417	3,868	4,084	4,782	2,744	1,937
Property, Plant & Equipment	4,385	4,169	4,226	3,325	1,802	1,322
Long-Term Investments	57.78	125.2	98.54	94.38	55.19	53.06
Other Intangible Assets	204.78	161.06	156.7	158.49	162.19	162.31
Long-Term Accounts Receivable	-	-	-	-	-	1.41
Long-Term Deferred Tax Assets	129.07	125.05	121.34	88.18	62.59	42.14
Long-Term Deferred Charges	86.01	98.28	85.94	22.82	28.04	31.89
Other Long-Term Assets	214.2	3.04	22.6	82.81	57.28	31.28
Total Assets	9,493	8,549	8,795	8,554	4,911	3,581

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	3,169	2,946	3,415	3,240	1,619	1,508
Accrued Expenses	184.82	192.36	231.28	214.21	184.92	154.2
Short-Term Debt	-	30	326	387.97	89	57.38
Current Portion of Long-Term Debt	175.8	118.2	8.4	19.59	108.98	-
Current Portion of Leases	12.47	7.71	14.89	13.53	20.43	52.69
Current Income Taxes Payable	0.72	5.95	7.3	0.21	6.59	9.95
Current Unearned Revenue	51.09	39.21	21.17	8.3	28.66	37.83
Other Current Liabilities	130.31	132.54	159.97	122.39	62.06	31.68
Total Current Liabilities	3,724	3,472	4,184	4,006	2,119	1,852
Long-Term Debt	1,966	1,405	2,052	1,836	444.31	441.25
Long-Term Leases	62.93	45.24	42.8	48.02	1.29	20.19
Long-Term Unearned Revenue	101.52	109.93	62.94	63.84	44.49	42.88
Long-Term Deferred Tax Liabilities	9.22	7.1	8.78	12.42	17.47	19.51
Other Long-Term Liabilities	-	-	17.95	26.15	33.35	52.67
Total Liabilities	5,864	5,039	6,368	5,992	2,660	2,428

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	129.68	99.94	80.61	82.29	80	60
Additional Paid-In Capital	2,416	2,407	1,407	1,461	1,373	449.81
Retained Earnings	1,151	1,065	897.98	843.75	818.01	658.89
Treasury Stock	-46.77	-39.45	-196.2	-64.63	-	-
Comprehensive Income & Other	-20.41	-22.75	237.56	239.11	-20.33	-15.62
Total Common Equity	3,629	3,510	2,427	2,562	2,251	1,153
Shareholders' Equity	3,629	3,510	2,427	2,562	2,251	1,153
Total Liabilities & Equity	9,493	8,549	8,795	8,554	4,911	3,581

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	2,217	1,606	2,444	2,305	664.01	571.5
Net Cash (Debt)	-1,254	-410.19	-1,384	-124.24	441.77	-124.46
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.18	-3.82	-13.53	-1.18	5.10	-1.60
Filing Date Shares Outstanding	134.8	128.86	99.25	105.11	104	78
Total Common Shares Outstanding	134.8	128.86	99.25	105.11	104	78
Working Capital	692.43	396.22	-100.08	775.62	624.23	85.38
Book Value Per Share	26.92	27.24	24.45	24.37	21.64	14.78
Tangible Book Value	3,424	3,349	2,270	2,403	2,089	990.77
Tangible Book Value Per Share	25.40	25.99	22.87	22.86	20.08	12.70
Buildings	1,920	1,880	1,675	1,297	266.92	261.46
Machinery	3,207	3,132	2,632	1,991	1,243	1,007
Construction In Progress	449.13	213.18	675.68	528.97	682.81	220.02