SHE:002279 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	358.27	631.8	451.32	741.03	754.89	691.52
Short-Term Investments	21.16	20.9	-	-	-	-
Trading Asset Securities	532.64	560.31	575.02	473.22	416.04	332.96
Cash & Short-Term Investments	912.07	1,213	1,026	1,214	1,171	1,024
Cash Growth	21.86%	18.19%	-15.47%	3.70%	14.29%	19.35%
Accounts Receivable	625.85	567.57	682.52	755.3	518.11	482.37
Other Receivables	35.84	28.58	41.42	48.78	51.98	59.24
Receivables	661.69	596.15	723.94	804.09	570.09	541.61
Inventory	46.91	28.37	37.43	41.46	58.52	95.43
Prepaid Expenses	0.23	0	0	0	-	0
Other Current Assets	61.02	43.54	17.6	33.72	48.53	32.27
Total Current Assets	1,682	1,881	1,805	2,094	1,848	1,694
Property, Plant & Equipment	326.04	338.64	388.3	368.63	358.89	358.45
Long-Term Investments	49.64	49.89	171.01	230.43	92.67	110.51
Goodwill	-	-	-	104.65	302	302
Other Intangible Assets	103.08	94.77	112.16	107.88	109.02	110.72
Long-Term Accounts Receivable	0.03	-	-	0.1	-	-
Long-Term Deferred Tax Assets	27.21	23.7	22.4	24.83	32.93	24.65
Long-Term Deferred Charges	8.59	15.64	1.5	5.4	2.88	3.54
Other Long-Term Assets	136.12	85.48	22.92	23.86	24.79	25.72
Total Assets	2,333	2,489	2,524	2,959	2,771	2,629

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	244.5	322.41	525.64	566.7	250.47	171.34
Accrued Expenses	59.34	176.48	151.28	173.62	149.72	157.74
Current Portion of Long-Term Debt	-	-	-	-	-	17.84
Current Portion of Leases	9.44	10.34	9.25	10.57	14.39	-
Current Income Taxes Payable	0.14	0.22	0.24	0.07	2.1	3.84
Current Unearned Revenue	398.88	382.37	338.3	397.9	395.35	433.9
Other Current Liabilities	55.53	59.85	33	77.35	85.69	72.83
Total Current Liabilities	767.84	951.67	1,058	1,226	897.72	857.48
Long-Term Debt	-	-	-	-	-	746.12
Long-Term Leases	62.39	19.57	18.93	31.27	34.65	42.22
Long-Term Unearned Revenue	2.11	2.29	2.77	3.43	4.09	4.75
Long-Term Deferred Tax Liabilities	7.6	3.18	2.86	4.25	5.29	0.51
Total Liabilities	839.95	976.7	1,082	1,265	941.75	1,651

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	862.21	862.21	864.65	865.05	865.77	710.55
Additional Paid-In Capital	1,035	1,029	1,004	1,028	1,016	271.16
Retained Earnings	-383.42	-358.52	-403.26	-247.7	-105.5	-157.47
Treasury Stock	-37.82	-50.42	-56.52	-12.24	-20.74	-60.1
Comprehensive Income & Other	-4.35	-2.06	-1.37	-1.4	-1.74	152.15
Total Common Equity	1,472	1,480	1,407	1,632	1,754	916.28
Minority Interest	21.19	32.02	34.19	62.62	75.63	62.01
Shareholders' Equity	1,493	1,512	1,441	1,694	1,829	978.3
Total Liabilities & Equity	2,333	2,489	2,524	2,959	2,771	2,629

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	71.83	29.91	28.18	41.83	49.04	806.18
Net Cash (Debt)	840.24	1,183	998.16	1,172	1,122	218.3
Net Cash Growth	16.68%	18.53%	-14.86%	4.50%	413.92%	62.33%
Net Cash Per Share	0.99	1.39	1.15	1.35	1.55	0.31
Filing Date Shares Outstanding	843.76	854.65	854.65	867.42	773.4	702.25
Total Common Shares Outstanding	843.76	854.65	854.65	867.42	773.4	702.25
Working Capital	914.09	929.41	747.61	867.33	950.34	836.31
Book Value Per Share	1.74	1.73	1.65	1.88	2.27	1.30
Tangible Book Value	1,368	1,386	1,295	1,419	1,343	503.56
Tangible Book Value Per Share	1.62	1.62	1.52	1.64	1.74	0.72
Buildings	265.56	333.31	299.43	249.47	249.47	238.74
Machinery	84.33	86.26	85.64	81.05	90.66	86.6
Construction In Progress	7.94	7.94	124.36	144.02	121.87	116.24