SHE:002361 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	766.28	638.17	493.42	762.38	805.28	641.21
Trading Asset Securities	-	-	4.53	4.53	9.5	175
Cash & Short-Term Investments	766.28	638.17	497.95	766.91	814.78	816.21
Cash Growth	50.13%	28.16%	-35.07%	-5.88%	-0.18%	124.45%
Accounts Receivable	1,808	1,730	1,635	1,651	1,535	1,447
Other Receivables	7.78	4.81	2.9	5.02	4.54	10.83
Receivables	1,816	1,734	1,638	1,656	1,540	1,458
Inventory	442.77	305.61	355.11	352.51	390.44	415.72
Prepaid Expenses	-	-	-	-	1.34	-
Other Current Assets	99.45	69.02	58.28	63.31	56.34	69.78
Total Current Assets	3,125	2,747	2,549	2,839	2,803	2,759
Property, Plant & Equipment	1,288	1,353	1,388	1,466	1,234	1,192
Long-Term Investments	26.37	25.41	23.1	19.9	17.83	16.6
Goodwill	262.96	262.96	262.96	262.96	262.96	262.96
Other Intangible Assets	102.7	105.22	120.96	132.85	138.7	144.49
Long-Term Deferred Tax Assets	55.78	47.05	45.29	41.83	33.06	26.75
Long-Term Deferred Charges	3.58	5.82	10.68	11.67	15.7	9.37
Other Long-Term Assets	0.94	0.9	5.36	7.37	33.87	10.89
Total Assets	4,865	4,548	4,406	4,782	4,539	4,422

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	951.8	791.99	739.8	785.06	560.57	620.73
Accrued Expenses	19.75	47.94	37.9	42.8	44.69	31.04
Short-Term Debt	1,538	1,132	1,029	1,389	1,393	1,153
Current Portion of Long-Term Debt	33.32	74.19	77.55	42.15	1.05	39.5
Current Portion of Leases	-	1.66	1.71	1.74	1.1	1.28
Current Income Taxes Payable	6.11	2.17	2.99	1.4	3.48	4.29
Current Unearned Revenue	25.97	43.37	22.15	30.27	25.5	29.08
Other Current Liabilities	5.56	11.42	4.85	7.03	5.43	10.62
Total Current Liabilities	2,580	2,105	1,916	2,300	2,035	1,890
Long-Term Debt	88.81	209.03	190.99	108.5	50	-
Long-Term Leases	4.36	5.54	6.37	2.45	2.25	2.23
Long-Term Unearned Revenue	16.99	19.49	25.04	29.01	33.15	38.64
Long-Term Deferred Tax Liabilities	0.14	0.22	3.81	3.68	3.87	3.89
Total Liabilities	2,691	2,339	2,142	2,443	2,124	1,935

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	951.03	951.03	951.03	951.03	951.03	978.57
Additional Paid-In Capital	813.01	813.01	813.01	813.01	813.01	896.8
Retained Earnings	401.26	432.46	466.72	528.17	597.83	666.01
Treasury Stock	-	-	-	-	-	-111.33
Total Common Equity	2,165	2,197	2,231	2,292	2,362	2,430
Minority Interest	8.79	11.94	32.72	46.34	53.02	57.74
Shareholders' Equity	2,174	2,208	2,263	2,339	2,415	2,488
Total Liabilities & Equity	4,865	4,548	4,406	4,782	4,539	4,422

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	1,664	1,423	1,306	1,544	1,447	1,196
Net Cash (Debt)	-898.02	-784.64	-807.79	-777.07	-632.35	-380.14
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.95	-0.83	-0.85	-0.82	-0.66	-0.45
Filing Date Shares Outstanding	944.87	951.03	951.03	951.03	951.03	951.03
Total Common Shares Outstanding	944.87	951.03	951.03	951.03	951.03	951.03
Working Capital	544.22	642	632.86	539.45	768.39	869.42
Book Value Per Share	2.29	2.31	2.35	2.41	2.48	2.56
Tangible Book Value	1,800	1,828	1,847	1,896	1,960	2,023
Tangible Book Value Per Share	1.90	1.92	1.94	1.99	2.06	2.13
Buildings	-	972.04	779.36	778.11	470.47	468.54
Machinery	-	1,377	1,160	1,154	1,040	1,002
Construction In Progress	-	15.01	337.31	312.57	425.49	329.37