SHE:002008 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	-	8,013	8,237	10,756	9,616	5,995
Short-Term Investments	-	10.7	15.01	-	-	-
Cash & Short-Term Investments	10,555	8,024	8,252	10,756	9,616	5,995
Cash Growth	49.91%	-2.76%	-23.28%	11.86%	60.40%	22.18%
Accounts Receivable	-	11,558	10,147	9,089	9,080	7,551
Other Receivables	-	150.39	203.64	114.82	115.73	103.64
Receivables	-	11,709	10,351	9,204	9,195	7,655
Inventory	-	5,222	3,961	4,393	4,577	5,015
Prepaid Expenses	-	11.28	11.45	14.87	10.9	17.27
Other Current Assets	-	606.43	444.73	294.29	250.68	232.09
Total Current Assets	-	25,572	23,020	24,663	23,650	18,914
Property, Plant & Equipment	-	6,716	6,408	5,122	4,090	3,870
Long-Term Investments	-	1,902	1,091	964.17	1,006	1,453
Goodwill	-	93.68	195.05	316.26	207.64	238.21
Other Intangible Assets	-	1,646	1,621	1,687	1,307	1,163
Long-Term Accounts Receivable	-	419.01	13.96	178.15	34.74	-
Long-Term Deferred Tax Assets	-	708.35	676.99	634.53	580.16	473.81
Long-Term Deferred Charges	-	233.14	301.35	239.16	345.96	287.42
Other Long-Term Assets	-	957.82	898.81	395.68	826.96	782.13
Total Assets	-	38,248	34,227	34,200	32,049	27,181
Accounts Payable	-	10,073	7,835	6,790	6,347	6,587
Accrued Expenses	-	1,873	1,448	1,523	1,634	1,632
Short-Term Debt	-	910.72	1,634	980.22	1,341	893.76
Current Portion of Long-Term Debt	-	1,110	240.34	3,697	25.44	850.29
Current Portion of Leases	-	76.81	72.06	86.58	101.77	108.37
Current Income Taxes Payable	-	129.23	43.24	21.59	147.61	248.06
Current Unearned Revenue	-	1,107	850.41	1,056	1,003	968.95
Other Current Liabilities	-	908.97	614.15	815.77	990.65	613.4
Total Current Liabilities	-	16,190	12,738	14,971	11,591	11,903
Long-Term Debt	-	2,635	3,237	2,123	4,175	2,683
Long-Term Leases	-	176.04	158.86	175.31	169.75	222.01
Long-Term Unearned Revenue	-	66.69	91.46	112.76	136.13	149.56
Long-Term Deferred Tax Liabilities	-	75.23	78.99	48.23	77.29	45.36
Other Long-Term Liabilities	-	179.85	425.42	390.12	387.35	121.6
Total Liabilities	-	19,322	16,730	17,820	16,536	15,124
Common Stock	-	1,030	1,052	1,052	1,052	1,067
Additional Paid-In Capital	-	3,307	3,488	2,926	2,733	1,038
Retained Earnings	-	13,218	12,388	10,903	10,293	9,315
Treasury Stock	-	-	-250.15	-	-	-490
Comprehensive Income & Other	-	-271.78	-539.78	119.93	121.9	689.97
Total Common Equity	20,668	17,283	16,139	15,000	14,200	11,620
Minority Interest	-	1,643	1,359	1,380	1,312	436.6
Shareholders' Equity	24,281	18,926	17,498	16,380	15,512	12,056
Total Liabilities & Equity	-	38,248	34,227	34,200	32,049	27,181
Total Debt	4,268	4,909	5,343	7,062	5,813	4,757
Net Cash (Debt)	6,287	3,115	2,909	3,694	3,803	1,238
Net Cash Growth	378.74%	7.08%	-21.25%	-2.85%	207.28%	-7.34%
Net Cash Per Share	6.04	3.01	2.78	3.51	3.60	1.17
Filing Date Shares Outstanding	1,016	1,030	1,040	1,052	1,052	1,052
Total Common Shares Outstanding	1,016	1,030	1,040	1,052	1,052	1,052
Working Capital	-	9,382	10,283	9,692	12,058	7,011
Book Value Per Share	20.07	16.79	15.52	14.26	13.50	11.05
Tangible Book Value	18,949	15,544	14,322	12,997	12,685	10,219
Tangible Book Value Per Share	18.40	15.10	13.77	12.35	12.06	9.72
Buildings	-	6,220	4,383	3,952	3,286	3,323
Machinery	-	2,143	1,681	1,616	1,514	1,315
Construction In Progress	-	197.08	1,984	940.76	327.35	12.57