SHE:002327 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	229.97	459.8	469.89	389.54	494.89	422.41
Short-Term Investments	50.11	100.72	283.82	350	285.49	-
Trading Asset Securities	441.61	420.41	648.75	915.89	1,011	863.43
Cash & Short-Term Investments	721.69	980.93	1,402	1,655	1,791	1,286
Cash Growth	-15.47%	-30.06%	-15.28%	-7.56%	39.28%	-9.09%
Accounts Receivable	164.85	327.22	547.99	387.86	256.22	198
Other Receivables	154.29	270.1	169.96	206.38	44.78	33.74
Receivables	319.14	597.32	717.95	594.24	301	231.74
Inventory	728.87	703.76	763.38	701.24	759.73	812.18
Prepaid Expenses	1.44	2.17	3.77	0.95	0.98	0.81
Other Current Assets	44.27	48.73	61.32	28.53	18.69	37.16
Total Current Assets	1,815	2,333	2,949	2,980	2,871	2,368
Property, Plant & Equipment	1,164	1,223	1,407	1,451	1,426	1,569
Long-Term Investments	-	-	-	-	-	343.28
Other Intangible Assets	178.94	89.96	92.92	95.83	98.55	103.56
Long-Term Deferred Tax Assets	61.01	58.74	68.43	56.32	54.76	46.22
Long-Term Deferred Charges	72.93	81.15	70.78	56.9	55.33	62.27
Other Long-Term Assets	1,100	896.75	367.39	304.32	167.29	220.68
Total Assets	4,392	4,683	4,956	4,945	4,674	4,713

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	267.7	307.61	324.75	393.4	322.69	408.87
Accrued Expenses	54.34	104.66	127.47	126.47	121.45	93.16
Short-Term Debt	200.28	120.08	80.07	-	-	1.4
Current Portion of Leases	88.41	92.44	101.32	100.07	92.27	100.81
Current Income Taxes Payable	23.19	25.72	63.57	69.92	86.68	70.94
Current Unearned Revenue	25.71	48.86	48.16	45.37	28.12	36.09
Other Current Liabilities	110.14	143.81	173.79	201.93	135.9	138.94
Total Current Liabilities	769.77	843.17	919.14	937.16	787.11	850.22
Long-Term Leases	110.67	141.91	137.61	139.02	108.47	145.8
Long-Term Unearned Revenue	5.51	5.89	6.78	8.55	8.55	10.46
Long-Term Deferred Tax Liabilities	0.38	0.45	0.51	0.99	0.91	6.33
Total Liabilities	886.33	991.42	1,064	1,086	905.03	1,013

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	833.87	837.99	838.62	836.76	827.59	828.13
Additional Paid-In Capital	82.83	81.17	114.7	83.43	47.58	38.09
Retained Earnings	2,593	2,805	2,990	2,983	2,910	2,872
Treasury Stock	-3.47	-33.34	-51.17	-44.34	-16.14	-38.24
Shareholders' Equity	3,506	3,691	3,892	3,859	3,769	3,700
Total Liabilities & Equity	4,392	4,683	4,956	4,945	4,674	4,713

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	399.36	354.43	319	239.09	200.74	248.01
Net Cash (Debt)	322.33	626.5	1,083	1,416	1,590	1,038
Net Cash Growth	-38.17%	-42.18%	-23.50%	-10.93%	53.22%	-23.93%
Net Cash Per Share	0.38	0.74	1.28	1.71	1.93	1.27
Filing Date Shares Outstanding	833.87	837.99	838.62	836.76	827.59	828.13
Total Common Shares Outstanding	833.87	837.99	838.62	836.76	827.59	828.13
Working Capital	1,046	1,490	2,030	2,043	2,084	1,518
Book Value Per Share	4.20	4.40	4.64	4.61	4.55	4.47
Tangible Book Value	3,327	3,601	3,799	3,763	3,670	3,596
Tangible Book Value Per Share	3.99	4.30	4.53	4.50	4.43	4.34
Buildings	1,249	1,249	1,449	1,391	1,404	1,260
Machinery	286.77	288.35	296.79	300.92	293.19	289.31
Construction In Progress	17.2	11.64	5.96	42	2.93	208.69