SHE:002163 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	575.45	913.59	1,181	1,248	1,077	826.7
Trading Asset Securities	2.41	4.69	3.33	3.26	4.42	3.46
Cash & Short-Term Investments	577.86	918.28	1,185	1,251	1,082	830.16
Cash Growth	-32.21%	-22.48%	-5.32%	15.67%	30.29%	-9.17%
Accounts Receivable	2,169	2,224	2,226	2,019	2,008	1,850
Other Receivables	140.77	40.23	-21.84	39.46	25.37	24.03
Receivables	2,310	2,265	2,204	2,058	2,034	1,874
Inventory	326.92	245.69	127.23	210.79	155.77	177.33
Prepaid Expenses	143.54	130.17	102.53	55.76	-	29.81
Other Current Assets	263.84	265.27	199.16	131.69	204.07	138.12
Total Current Assets	3,622	3,824	3,818	3,707	3,475	3,049
Property, Plant & Equipment	612.17	695.28	797.04	1,021	1,181	1,277
Long-Term Investments	314.89	308.46	278.98	281.04	111.55	108.68
Goodwill	185.53	185.53	-	-	-	-
Other Intangible Assets	115.4	139.35	80.24	79.79	119.94	122.21
Long-Term Deferred Tax Assets	213.7	245.65	280.73	317.29	335.04	201.31
Long-Term Deferred Charges	10.95	11.11	10.49	9.07	11.74	12.94
Other Long-Term Assets	657.34	781.11	885.95	994.2	1,036	1,035
Total Assets	5,732	6,191	6,151	6,410	6,271	5,806

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	2,382	2,598	2,857	2,939	2,930	2,690
Accrued Expenses	40.92	97.91	77.73	74.15	51.89	26.68
Short-Term Debt	849.2	653.47	640.06	468.61	419.3	859.14
Current Portion of Long-Term Debt	24.23	21.36	128.2	98.62	28.08	7.6
Current Portion of Leases	12.2	11.35	7.21	8.85	32.92	82.02
Current Income Taxes Payable	3.63	3.9	-	0.96	-	1.22
Current Unearned Revenue	92.93	213.2	97.77	115.69	97.01	42.23
Other Current Liabilities	252.31	303.79	260.28	65.18	69.96	76.6
Total Current Liabilities	3,657	3,903	4,068	3,771	3,629	3,786
Long-Term Debt	323.24	366.92	-	57.18	95.73	23.73
Long-Term Leases	25.24	26.16	8.07	19.55	58.7	32.79
Long-Term Unearned Revenue	21.79	54.13	56.45	50.41	43.47	43.17
Long-Term Deferred Tax Liabilities	160.85	192.72	216.19	249.99	260.6	152.06
Other Long-Term Liabilities	668.7	730.81	672.06	666.93	670.15	664.8
Total Liabilities	4,857	5,274	5,021	4,815	4,758	4,702

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	844.96	844.96	844.96	844.96	844.96	803.55
Additional Paid-In Capital	991.14	990.84	990.85	987.27	976.8	430.57
Retained Earnings	-1,304	-1,238	-765.33	-385.97	-477.55	-332.86
Total Common Equity	531.66	598.3	1,070	1,446	1,344	901.25
Minority Interest	343.46	318.07	59.76	148.83	169.13	202.32
Shareholders' Equity	875.12	916.36	1,130	1,595	1,513	1,104
Total Liabilities & Equity	5,732	6,191	6,151	6,410	6,271	5,806

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	1,234	1,079	783.54	652.81	634.73	1,005
Net Cash (Debt)	-656.24	-160.97	401.01	598.25	446.85	-175.11
Net Cash Growth	-	-	-32.97%	33.88%	-	-
Net Cash Per Share	-0.78	-0.19	0.48	0.72	0.53	-0.22
Filing Date Shares Outstanding	844.96	844.96	844.96	844.96	844.96	803.55
Total Common Shares Outstanding	844.96	844.96	844.96	844.96	844.96	803.55
Working Capital	-35.04	-79.4	-250.43	-63.62	-154.04	-736.21
Book Value Per Share	0.63	0.71	1.27	1.71	1.59	1.12
Tangible Book Value	230.73	273.41	990.24	1,366	1,224	779.04
Tangible Book Value Per Share	0.27	0.32	1.17	1.62	1.45	0.97
Buildings	641.82	811.68	733.77	733.62	795	793.29
Machinery	427.29	886.48	1,016	1,248	1,255	1,238
Construction In Progress	21.38	7.95	1.24	2.21	8.66	3.93