SHE:002007 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	957.4	774.81	1,367	993.77	1,099	692.54
Short-Term Investments	1,257	1,005	2,144	1,213	240	-
Trading Asset Securities	2,275	2,623	1,888	2,115	2,369	2,659
Cash & Short-Term Investments	4,489	4,403	5,398	4,322	3,708	3,352
Cash Growth	-13.47%	-18.44%	24.90%	16.56%	10.63%	-16.72%
Accounts Receivable	1,586	2,078	2,052	2,590	2,410	2,097
Other Receivables	67.59	6.09	18.66	6.95	4.84	7.05
Receivables	1,653	2,084	2,071	3,297	2,759	2,104
Inventory	2,720	2,289	2,029	1,674	1,447	1,359
Other Current Assets	100.9	83.78	118.46	33.7	163.56	36.67
Total Current Assets	8,964	8,859	9,616	9,327	8,077	6,851
Property, Plant & Equipment	2,910	2,982	2,964	2,727	2,290	2,338
Long-Term Investments	2,038	2,784	3,023	3,273	3,673	1,716
Goodwill	-	-	-	1.1	1.1	1.1
Other Intangible Assets	313.6	314.13	319.04	319.72	310	204.53
Long-Term Deferred Tax Assets	202.87	196.85	235.34	241.72	232.49	201.25
Long-Term Deferred Charges	52.93	55.31	59.69	59.6	42.49	55.42
Other Long-Term Assets	65.43	69.79	92.74	157.3	116.8	170.16
Total Assets	14,548	15,262	16,310	16,106	14,743	11,537

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	193.34	196.26	217.16	197.26	175.49	241.03
Accrued Expenses	823.78	926.54	914.99	1,169	1,071	947.5
Short-Term Debt	390	447	899.73	700.35	800.38	800.7
Current Portion of Long-Term Debt	-	-	-	300	-	10.18
Current Portion of Leases	0.39	0.39	0.37	0.36	0.44	-
Current Income Taxes Payable	11.18	18.14	19.58	63.36	9.7	48.71
Current Unearned Revenue	20.95	10.21	13.46	8.57	14.78	8.28
Other Current Liabilities	290.47	196.78	294.83	142.3	76.53	158.53
Total Current Liabilities	1,730	1,795	2,360	2,581	2,148	2,215
Long-Term Debt	-	-	-	-	300	190
Long-Term Leases	7.88	8.39	8.78	9.15	9.3	-
Long-Term Unearned Revenue	72.85	59.46	54.18	51.18	54.37	57.91
Long-Term Deferred Tax Liabilities	33.74	8.11	40.14	42.82	20.87	10.37
Total Liabilities	1,845	1,871	2,463	2,685	2,533	2,473

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	1,826	1,827	1,829	1,829	1,824	1,824
Additional Paid-In Capital	1,381	1,397	1,430	1,486	1,415	105.62
Retained Earnings	7,764	8,294	8,633	8,093	7,159	6,448
Treasury Stock	-	-17.95	-32.72	-48.07	-	-40.59
Total Common Equity	10,972	11,501	11,859	11,359	10,398	8,337
Minority Interest	1,732	1,890	1,988	2,062	1,812	727.09
Shareholders' Equity	12,703	13,391	13,847	13,421	12,210	9,064
Total Liabilities & Equity	14,548	15,262	16,310	16,106	14,743	11,537

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	398.27	455.78	908.88	1,010	1,110	1,001
Net Cash (Debt)	4,091	3,947	4,489	3,312	2,598	2,351
Net Cash Growth	-16.51%	-12.07%	35.54%	27.50%	10.51%	-35.14%
Net Cash Per Share	2.24	2.16	2.46	1.82	1.42	1.28
Filing Date Shares Outstanding	1,826	1,827	1,829	1,829	1,824	1,824
Total Common Shares Outstanding	1,826	1,827	1,829	1,829	1,824	1,824
Working Capital	7,234	7,064	7,256	6,745	5,929	4,636
Book Value Per Share	6.01	6.29	6.48	6.21	5.70	4.57
Tangible Book Value	10,658	11,186	11,540	11,039	10,087	8,131
Tangible Book Value Per Share	5.84	6.12	6.31	6.04	5.53	4.46
Buildings	1,773	1,808	1,717	1,302	1,206	1,256
Machinery	2,714	2,714	2,639	2,504	2,383	2,433
Construction In Progress	658.03	643.37	552.48	661.51	216.39	132.96