SHE:002080 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	Dec '21 Dec 31, 2021
Cash & Equivalents	2,160	3,100	2,751	3,545	5,904	2,635
Short-Term Investments	-	-	-	-	120	-
Trading Asset Securities	-	-	-	-	65	-
Cash & Short-Term Investments	2,160	3,100	2,751	3,545	6,089	2,635
Cash Growth	-28.56%	12.69%	-22.39%	-41.79%	131.12%	-11.70%
Accounts Receivable	16,803	14,249	11,523	12,308	12,692	8,738
Other Receivables	367.57	382.98	437.09	409.54	295.75	100.33
Receivables	17,170	14,632	11,961	12,717	12,988	8,839
Inventory	5,432	4,666	3,585	3,906	3,753	2,250
Prepaid Expenses	15.07	32.05	20.36	4.49	3.4	1.07
Other Current Assets	1,703	1,539	1,563	1,119	679.37	654.65
Total Current Assets	26,480	23,970	19,880	21,291	23,513	14,379
Property, Plant & Equipment	37,050	36,387	35,424	31,326	25,394	19,998
Long-Term Investments	996.56	1,011	670.29	624.33	469.77	347.95
Goodwill	48.27	48.27	48.27	48.27	48.27	48.27
Other Intangible Assets	2,063	2,164	2,213	2,215	1,784	1,280
Long-Term Deferred Tax Assets	827.09	832.24	634.87	571.57	597.56	253.99
Long-Term Deferred Charges	766.72	668.41	389.61	439.68	411.15	304.34
Other Long-Term Assets	903.58	509.59	604.65	380.95	498.29	1,015
Total Assets	69,136	65,591	59,865	56,897	52,716	37,627

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	Dec '21 Dec 31, 2021
Accounts Payable	17,064	16,499	11,829	11,041	10,917	7,172
Accrued Expenses	798.7	847.23	953.22	1,102	1,002	843.1
Short-Term Debt	7,830	4,349	2,876	864.81	1,830	2,079
Current Portion of Long-Term Debt	2,535	2,909	2,998	4,577	914.2	2,552
Current Portion of Leases	68.04	66.32	57.39	25.15	33.59	9.38
Current Income Taxes Payable	107.73	179.62	46.17	89.79	118.43	207.25
Current Unearned Revenue	397.68	386.9	706.01	501.53	412.34	360.85
Other Current Liabilities	729.26	649.13	1,026	951.28	448.73	358.6
Total Current Liabilities	29,530	25,886	20,491	19,152	15,676	13,583
Long-Term Debt	8,957	9,652	11,109	9,609	9,686	6,662
Long-Term Leases	305.25	278.23	258.54	185.06	158.3	32.98
Long-Term Unearned Revenue	948.19	958.08	786.12	754.01	814.26	1,290
Long-Term Deferred Tax Liabilities	193.87	188.49	181.3	160.11	146.55	40.78
Other Long-Term Liabilities	308.9	287.44	301.66	486.22	431.52	406.55
Total Liabilities	40,243	37,250	33,128	30,346	26,913	22,015

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	Dec '21 Dec 31, 2021
Common Stock	1,678	1,678	1,678	1,678	1,678	1,678
Additional Paid-In Capital	5,058	5,052	5,094	5,142	5,972	4,444
Retained Earnings	13,652	13,173	11,732	11,780	10,661	8,043
Comprehensive Income & Other	21.72	8.28	8.96	16.53	11.83	4.31
Total Common Equity	20,410	19,911	18,513	18,617	18,323	14,169
Minority Interest	8,482	8,430	8,224	7,934	7,480	1,442
Shareholders' Equity	28,892	28,341	26,737	26,551	25,803	15,611
Total Liabilities & Equity	69,136	65,591	59,865	56,897	52,716	37,627

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	Dec '21 Dec 31, 2021
Total Debt	19,695	17,254	17,299	15,261	12,622	11,336
Net Cash (Debt)	-17,535	-14,154	-14,548	-11,716	-6,533	-8,702
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.45	-8.43	-8.67	-6.98	-3.89	-5.19
Filing Date Shares Outstanding	1,678	1,678	1,678	1,678	1,678	1,678
Total Common Shares Outstanding	1,678	1,678	1,678	1,678	1,678	1,678
Working Capital	-3,050	-1,916	-610.66	2,139	7,837	796.48
Book Value Per Share	12.16	11.87	11.03	11.09	10.92	8.44
Tangible Book Value	18,299	17,699	16,252	16,354	16,491	12,841
Tangible Book Value Per Share	10.90	10.55	9.68	9.75	9.83	7.65
Buildings	9,162	9,152	7,592	7,812	6,479	5,536
Machinery	38,691	37,153	26,832	25,973	22,227	18,707
Construction In Progress	1,668	1,702	10,659	6,054	4,088	2,072