SHE:002244 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	30,462	30,574	37,140	32,704	24,328	21,141
Trading Asset Securities	180.48	687.51	140.25	116.16	83.61	10.83
Cash & Short-Term Investments	30,643	31,261	37,281	32,820	24,411	21,152
Cash Growth	3.41%	-16.15%	13.59%	34.45%	15.41%	13.55%
Accounts Receivable	390.46	463.6	692.69	473.64	440.77	486.71
Other Receivables	21,526	21,174	27,732	38,113	30,362	17,776
Receivables	21,916	21,638	28,425	38,587	30,803	18,263
Inventory	95,817	112,745	148,517	172,698	184,409	142,401
Prepaid Expenses	9,549	9,831	12,353	13,507	10,245	7,384
Other Current Assets	452.1	491.29	619.67	589.46	477.92	774.17
Total Current Assets	158,377	175,966	227,195	258,201	250,347	189,975
Property, Plant & Equipment	768.91	803.23	1,127	1,289	712.7	679.84
Long-Term Investments	22,087	19,430	19,130	19,634	16,199	12,843
Goodwill	0.32	0.32	0.32	0.59	0.59	0.59
Other Intangible Assets	122.54	125.36	129.48	134.14	136.6	140.26
Long-Term Deferred Tax Assets	1,699	1,793	1,815	2,151	1,810	1,595
Long-Term Deferred Charges	0.47	0.56	0.63	44.62	51.5	58.19
Other Long-Term Assets	9,764	10,116	9,685	8,577	6,946	6,434
Total Assets	192,821	208,234	259,083	290,032	276,203	211,726

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	5,621	5,756	5,641	5,558	3,699	3,411
Accrued Expenses	66.83	233.83	259.74	709.68	537.13	1,692
Short-Term Debt	22,549	24,853	29,827	27,238	22,971	22,550
Current Portion of Long-Term Debt	6,070	6,456	6,101	11,034	12,870	9,907
Current Portion of Leases	5.21	5.09	6.45	6.28	8.47	7.64
Current Income Taxes Payable	359.69	585.63	518.97	1,103	722.93	980.4
Current Unearned Revenue	73,716	85,651	125,449	143,139	130,404	93,631
Other Current Liabilities	7,661	8,829	11,956	13,915	12,509	9,637
Total Current Liabilities	116,048	132,370	179,759	202,701	183,721	141,815
Long-Term Debt	23,439	26,673	27,710	28,617	39,519	32,275
Long-Term Leases	9.47	11.24	12.63	95.28	98.87	107.8
Long-Term Unearned Revenue	3.88	12.87	15.92	-	-	-
Long-Term Deferred Tax Liabilities	57.47	43.97	32.41	164.36	144.7	140.31
Total Liabilities	139,557	159,111	207,530	231,577	223,484	174,339

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	3,111	3,111	3,111	3,111	3,111	3,111
Additional Paid-In Capital	2,140	2,161	2,090	2,170	2,100	2,181
Retained Earnings	25,726	24,387	22,526	20,238	18,544	15,491
Comprehensive Income & Other	-283.48	-185.28	-199.26	-217.04	-218.71	-203.78
Total Common Equity	30,694	29,474	27,528	25,302	23,536	20,579
Minority Interest	22,569	19,649	24,025	33,153	29,182	16,808
Shareholders' Equity	53,263	49,123	51,553	58,455	52,718	37,387
Total Liabilities & Equity	192,821	208,234	259,083	290,032	276,203	211,726

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	52,072	57,998	63,658	66,989	75,468	64,848
Net Cash (Debt)	-21,429	-26,737	-26,377	-34,169	-51,057	-43,696
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.87	-8.59	-8.50	-10.94	-16.37	-14.00
Filing Date Shares Outstanding	3,111	3,111	3,111	3,111	3,111	3,111
Total Common Shares Outstanding	3,111	3,111	3,111	3,111	3,111	3,111
Working Capital	42,330	43,596	47,436	55,500	66,625	48,159
Book Value Per Share	9.86	9.47	8.85	8.13	7.56	6.61
Tangible Book Value	30,572	29,348	27,398	25,168	23,399	20,438
Tangible Book Value Per Share	9.83	9.43	8.81	8.09	7.52	6.57
Buildings	1,064	1,075	1,340	1,331	691.48	657.12
Machinery	480.35	480.45	530.26	613.86	583.27	508.32