SHE:002294 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	935.3	968.43	1,125	1,322	2,670	3,236
Short-Term Investments	824.04	1,433	988.85	695.51	531.58	-
Trading Asset Securities	548.85	688.98	733.86	186.06	328.36	60
Cash & Short-Term Investments	2,308	3,091	2,848	2,204	3,530	3,296
Cash Growth	-20.23%	8.52%	29.25%	-37.58%	7.12%	205.25%
Accounts Receivable	928.72	850.55	565.87	545.38	557.72	474.03
Other Receivables	23.98	30.87	23.85	21.01	23.4	155.48
Receivables	952.7	881.42	589.72	566.39	581.12	629.51
Inventory	567.72	548.19	506.76	490.86	543.53	420.45
Other Current Assets	95.9	62.53	80.02	52.43	56.36	58
Total Current Assets	3,925	4,583	4,025	3,313	4,711	4,404
Property, Plant & Equipment	1,563	1,532	1,430	1,457	1,506	1,638
Long-Term Investments	1,378	907.01	1,492	1,701	963.07	854.48
Goodwill	219.49	219.49	10.91	10.91	60.53	87.14
Other Intangible Assets	1,402	1,411	1,335	1,318	965.46	1,048
Long-Term Deferred Tax Assets	251.98	215.64	151.24	87.4	88.42	82.01
Long-Term Deferred Charges	2,212	1,996	1,597	1,416	1,344	1,047
Other Long-Term Assets	123.85	433.8	424.77	93.31	116.64	83.09
Total Assets	11,075	11,298	10,466	9,397	9,755	9,244

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	174.09	184.79	126.09	156.01	219.65	187.67
Accrued Expenses	918.96	906.58	716.68	491.34	558.35	487.02
Short-Term Debt	155.18	263.34	120	40	177.19	63
Current Portion of Leases	7.13	5.86	9.7	10.93	11.46	6.99
Current Income Taxes Payable	12.94	25.96	7.15	10.49	28.92	37.2
Current Unearned Revenue	46.52	48.94	39.35	29.55	42.66	97.99
Other Current Liabilities	621.43	578.56	94	76.77	565.4	132.98
Total Current Liabilities	1,936	2,014	1,113	815.08	1,604	1,013
Long-Term Debt	246.84	-	-	-	-	-
Long-Term Leases	19.09	20.98	4.18	12.54	19.58	9.11
Long-Term Unearned Revenue	151.22	149.12	142.04	84.11	98.53	93.71
Long-Term Deferred Tax Liabilities	30.37	32.16	20.97	13.04	27.18	-
Other Long-Term Liabilities	-	27.54	433.14	416.47	29.64	82.57
Total Liabilities	2,384	2,244	1,713	1,341	1,779	1,198

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	1,115	1,115	1,115	1,115	1,115	1,115
Additional Paid-In Capital	2,080	2,081	1,928	1,900	1,866	1,930
Retained Earnings	5,494	5,720	5,620	5,564	5,529	5,330
Treasury Stock	-113.69	-	-	-602.16	-602.16	-327.86
Comprehensive Income & Other	-8.68	16.85	49.3	42.22	33.24	-13.41
Total Common Equity	8,567	8,933	8,712	8,019	7,941	8,034
Minority Interest	124.62	120.84	40.17	36.43	35.81	11.91
Shareholders' Equity	8,691	9,054	8,752	8,055	7,977	8,046
Total Liabilities & Equity	11,075	11,298	10,466	9,397	9,755	9,244

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	428.24	290.19	133.88	63.47	208.23	79.1
Net Cash (Debt)	1,880	2,801	2,714	2,140	3,322	3,217
Net Cash Growth	-30.60%	3.18%	26.83%	-35.58%	3.28%	366.56%
Net Cash Per Share	1.67	2.49	2.44	1.92	3.02	3.01
Filing Date Shares Outstanding	1,108	1,115	1,115	1,091	1,091	1,103
Total Common Shares Outstanding	1,111	1,115	1,115	1,091	1,091	1,103
Working Capital	1,988	2,569	2,912	2,498	3,108	3,391
Book Value Per Share	7.71	8.01	7.81	7.35	7.28	7.29
Tangible Book Value	6,945	7,303	7,366	6,690	6,915	6,898
Tangible Book Value Per Share	6.25	6.55	6.61	6.13	6.34	6.26
Buildings	1,259	1,266	1,222	1,218	1,208	1,218
Machinery	1,343	1,321	1,258	1,203	1,138	1,109
Construction In Progress	250.26	173.32	62.33	34.35	37.6	94.13