SHE:002255 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	2,081	1,998	1,746	1,145	943.24	583.3
Short-Term Investments	-	14.35	71.37	22.99	22.77	-
Trading Asset Securities	30.03	31.66	31.03	65	21	16
Cash & Short-Term Investments	2,112	2,044	1,849	1,233	987.01	599.3
Cash Growth	10.70%	10.57%	49.89%	24.95%	64.69%	24.43%
Accounts Receivable	1,014	1,058	1,347	1,550	1,443	1,493
Other Receivables	18.64	4.55	17.56	16.55	21.57	68.42
Receivables	1,033	1,062	1,365	1,566	1,465	1,562
Inventory	1,377	1,425	1,733	1,545	1,366	1,118
Other Current Assets	195.03	132.51	164.81	191.06	219.3	125.28
Total Current Assets	4,716	4,664	5,111	4,536	4,037	3,404
Property, Plant & Equipment	1,079	1,101	1,192	1,185	1,254	1,350
Long-Term Investments	175.7	190.38	144.64	255.76	267.9	170.3
Goodwill	62.48	62.48	62.5	62.5	62.5	62.5
Other Intangible Assets	165.88	138.49	142.8	144.47	147.64	151.78
Long-Term Accounts Receivable	-	77.19	97.8	116.27	76.05	90.26
Long-Term Deferred Tax Assets	94.21	88.36	81.12	113.83	151.2	145.49
Long-Term Deferred Charges	13.04	9.82	10.57	7.35	5.64	4.74
Other Long-Term Assets	163.96	82.44	82.26	13.21	8.68	35.45
Total Assets	6,471	6,414	6,924	6,435	6,010	5,414

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	414.36	395.69	639.36	860.43	829.6	887.75
Accrued Expenses	35.72	68.11	73.93	67.43	77.76	75.88
Short-Term Debt	-	-	15.76	8.71	6.25	8.58
Current Portion of Long-Term Debt	1.41	-	-	-	-	-
Current Portion of Leases	-	1.46	2.69	2.77	1.88	2.83
Current Income Taxes Payable	20.21	16.67	12.25	7.98	8.71	9.46
Current Unearned Revenue	1,191	1,249	1,743	1,381	1,352	1,063
Other Current Liabilities	118.97	115.05	204.43	181.4	155.31	126.95
Total Current Liabilities	1,782	1,846	2,691	2,510	2,431	2,174
Long-Term Leases	33.07	32.91	33.67	37.82	38.85	40.56
Long-Term Unearned Revenue	80.19	83.03	85.61	88.01	92.09	102.68
Long-Term Deferred Tax Liabilities	40.46	41.24	41.42	41.19	44.48	40.71
Other Long-Term Liabilities	-	-	-	5.05	-	2.2
Total Liabilities	1,936	2,004	2,852	2,682	2,607	2,360

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	830.88	830.88	830.88	842.27	842.27	842.27
Additional Paid-In Capital	2,302	2,302	2,303	2,341	2,341	2,341
Retained Earnings	1,492	1,368	991.47	614.22	273.93	-62.74
Comprehensive Income & Other	-125.43	-124.28	-120.05	-112.3	-106.23	-105.88
Total Common Equity	4,499	4,376	4,005	3,686	3,351	3,015
Minority Interest	35.35	34.1	67.24	66.95	52.07	39.11
Shareholders' Equity	4,535	4,410	4,072	3,753	3,403	3,054
Total Liabilities & Equity	6,471	6,414	6,924	6,435	6,010	5,414

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	34.49	34.38	52.13	49.29	46.98	51.97
Net Cash (Debt)	2,077	2,010	1,796	1,184	940.03	547.34
Net Cash Growth	11.32%	11.86%	51.73%	25.96%	71.75%	26.01%
Net Cash Per Share	2.50	2.42	2.14	1.41	1.12	0.65
Filing Date Shares Outstanding	831.26	830.88	830.88	842.27	842.27	842.27
Total Common Shares Outstanding	831.26	830.88	830.88	842.27	842.27	842.27
Working Capital	2,934	2,818	2,419	2,026	1,606	1,230
Book Value Per Share	5.41	5.27	4.82	4.38	3.98	3.58
Tangible Book Value	4,271	4,175	3,800	3,479	3,141	2,801
Tangible Book Value Per Share	5.14	5.03	4.57	4.13	3.73	3.33
Buildings	-	1,214	1,214	1,194	1,192	1,192
Machinery	-	998.74	975.18	894.27	884.17	887.27
Construction In Progress	-	3.1	19.62	16.78	3.16	8.87