SHE:002275 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	693.61	990.99	1,050	1,058	1,266	1,478
Short-Term Investments	-	-	-	43.4	-	-
Trading Asset Securities	704.07	730.31	626.15	304.69	161.24	221.77
Cash & Short-Term Investments	1,398	1,721	1,676	1,406	1,427	1,699
Cash Growth	-15.78%	2.72%	19.17%	-1.45%	-16.03%	-2.47%
Accounts Receivable	319.38	290.05	527.3	458.33	542.51	413.03
Other Receivables	95.61	98.43	118.06	4.39	57.58	9.1
Receivables	414.99	388.47	645.36	462.72	600.09	422.13
Inventory	234.92	203.26	208.29	255.96	244.9	284.15
Other Current Assets	82.62	50.87	35.18	71.17	25.06	48.4
Total Current Assets	2,130	2,364	2,565	2,196	2,297	2,454
Property, Plant & Equipment	1,101	1,109	1,111	1,155	1,227	1,313
Long-Term Investments	574.7	532.94	296.89	299.09	132.61	4.21
Goodwill	5.7	5.7	5.7	5.7	5.7	5.7
Other Intangible Assets	131.46	134.81	141.55	153.56	168.28	178.36
Long-Term Deferred Tax Assets	6.68	7.12	10.2	9.33	8.53	11.35
Long-Term Deferred Charges	92.82	96.16	102.44	117.04	125.76	128.8
Other Long-Term Assets	-	8.35	-	-	-	0.03
Total Assets	4,042	4,258	4,232	3,936	3,965	4,096

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	186.7	185.76	191.55	201.38	133.92	180.24
Accrued Expenses	60.15	149.66	184.85	160.61	160.45	123.86
Short-Term Debt	5	260.22	325.26	274.2	140.01	251.68
Current Portion of Long-Term Debt	35.9	35.17	103.3	104.54	107.57	33.04
Current Portion of Leases	10.45	10.89	14.72	14.72	11.81	9.52
Current Income Taxes Payable	24.79	12.51	38.63	25.95	71.79	38.13
Current Unearned Revenue	16.56	98.22	98.06	75.99	170.01	132.79
Other Current Liabilities	93.27	31.95	39.11	36.45	51.38	59.98
Total Current Liabilities	432.82	784.39	995.46	893.83	846.94	829.23
Long-Term Debt	226.57	180.91	121.5	73.92	128.03	226.93
Long-Term Leases	24.29	26.59	28.86	60.95	78.45	87.93
Long-Term Unearned Revenue	89.54	70.23	63.15	89.04	97.85	111.22
Long-Term Deferred Tax Liabilities	0	0	0.15	-	0.33	0.73
Other Long-Term Liabilities	5.05	5.05	13.32	1.34	-	-
Total Liabilities	778.27	1,067	1,222	1,119	1,152	1,256

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	587.57	587.57	587.57	587.57	587.57	590.2
Additional Paid-In Capital	672.09	672.09	672.09	669.24	638.76	685.78
Retained Earnings	2,012	1,895	1,781	1,583	1,573	1,767
Treasury Stock	-	-	-	-	-	-204
Comprehensive Income & Other	-7.28	36.78	-31.12	-22.72	14.13	0.64
Shareholders' Equity	3,264	3,191	3,010	2,817	2,813	2,840
Total Liabilities & Equity	4,042	4,258	4,232	3,936	3,965	4,096

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	302.21	513.78	593.63	528.33	465.88	609.1
Net Cash (Debt)	1,095	1,208	1,082	877.86	961.07	1,090
Net Cash Growth	7.78%	11.59%	23.27%	-8.66%	-11.86%	-18.50%
Net Cash Per Share	1.86	2.06	1.85	1.50	1.63	1.90
Filing Date Shares Outstanding	587.57	587.57	587.57	587.57	587.57	575.27
Total Common Shares Outstanding	587.57	587.57	587.57	587.57	587.57	575.27
Working Capital	1,697	1,580	1,569	1,302	1,450	1,625
Book Value Per Share	5.56	5.43	5.12	4.79	4.79	4.94
Tangible Book Value	3,127	3,051	2,863	2,658	2,639	2,656
Tangible Book Value Per Share	5.32	5.19	4.87	4.52	4.49	4.62
Buildings	1,076	1,062	1,000	993.15	997.12	1,053
Machinery	805.63	799.56	773.59	775.06	76.86	76.54
Construction In Progress	67.98	54.69	69.54	21.24	61.66	105.26