SHE:002306 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	67.73	110.86	9.78	34.77	103.34	38.29
Trading Asset Securities	-	-	-	3	2	50
Cash & Short-Term Investments	67.73	110.86	9.78	37.77	105.34	88.29
Cash Growth	866.19%	1033.84%	-74.11%	-64.15%	19.32%	-25.63%
Accounts Receivable	113.25	150.71	60.31	13.44	16.43	5.87
Other Receivables	25.12	25.83	30.19	37.67	14.22	17.51
Receivables	138.37	176.54	90.49	51.11	30.64	23.38
Inventory	2.79	6.78	50.43	0.3	0.32	0.24
Prepaid Expenses	-	-	-	-	-	0.22
Other Current Assets	36.84	38.33	45.37	32.68	25.07	38.03
Total Current Assets	245.73	332.51	196.07	121.86	161.38	150.15
Property, Plant & Equipment	410.4	414.38	479.13	427.41	3.66	4.02
Long-Term Investments	-	-	-	-	4.31	4.09
Goodwill	10.35	10.35	11.32	15.68	15.77	15.77
Other Intangible Assets	33.56	33.96	36.94	37.59	0.31	0.5
Long-Term Deferred Tax Assets	1.44	1.6	1.07	2.09	0.45	0.42
Long-Term Deferred Charges	1.32	2.39	6.04	7.42	5.83	3.63
Other Long-Term Assets	95.58	95.62	113.62	162.48	6.01	6.17
Total Assets	798.4	890.83	844.2	774.52	197.71	184.75

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	44.08	27.03	19.9	26.76	20.28	17.14
Accrued Expenses	18	20.38	10.72	4.4	3.54	7.41
Short-Term Debt	70.64	69.35	67.85	72.11	3	-
Current Portion of Long-Term Debt	75.03	75.05	0.04	-	-	-
Current Portion of Leases	0.27	1.15	0.96	0.61	0.87	1.24
Current Income Taxes Payable	0.09	0.09	0.12	0.14	0.49	1.65
Current Unearned Revenue	0.8	1.24	53.34	5.08	5.49	3.11
Other Current Liabilities	425.02	513.12	470.85	417.56	90.73	59.71
Total Current Liabilities	633.93	707.42	623.79	526.67	124.41	90.27
Long-Term Debt	-	-	78	51.6	-	-
Long-Term Leases	-	0.09	0.6	0.69	0.43	-
Long-Term Unearned Revenue	12	12	12	12	-	-
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	-	-
Other Long-Term Liabilities	33.73	27.82	34.34	32.31	5.45	5.45
Total Liabilities	679.68	747.33	748.72	623.27	130.29	95.72

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	869.76	869.76	869.76	869.76	859.75	840
Additional Paid-In Capital	629.28	629.28	479.28	484.58	456.73	435.8
Retained Earnings	-1,337	-1,318	-1,262	-1,229	-1,165	-1,144
Treasury Stock	-104.6	-104.6	-104.6	-104.6	-83.55	-42.87
Total Common Equity	57.55	76.66	-17.97	20.65	67.49	89.26
Minority Interest	61.17	66.83	113.44	130.6	-0.08	-0.22
Shareholders' Equity	118.72	143.49	95.48	151.25	67.41	89.03
Total Liabilities & Equity	798.4	890.83	844.2	774.52	197.71	184.75

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	145.94	145.65	147.45	125.01	4.3	1.24
Net Cash (Debt)	-78.21	-34.79	-137.67	-87.25	101.04	87.05
Net Cash Growth	-	-	-	-	16.07%	-26.67%
Net Cash Per Share	-0.10	-0.04	-0.17	-0.11	0.12	0.10
Filing Date Shares Outstanding	869.76	869.76	817.81	869.76	859.75	840
Total Common Shares Outstanding	869.76	869.76	817.81	869.76	859.75	840
Working Capital	-388.2	-374.9	-427.72	-404.81	36.97	59.88
Book Value Per Share	0.07	0.09	-0.02	0.02	0.08	0.11
Tangible Book Value	13.64	32.35	-66.23	-32.62	51.42	72.99
Tangible Book Value Per Share	0.02	0.04	-0.08	-0.04	0.06	0.09
Buildings	185.71	185.71	87.35	24.59	-	-
Machinery	36.15	34.76	35.38	17.24	16.3	19.41
Construction In Progress	210.97	210.99	366.44	398.82	-	-