SHE:002362 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	416.16	645.95	642.01	631.78	503.97	472.35
Trading Asset Securities	76.15	51.05	27.16	91.32	412.3	494.96
Cash & Short-Term Investments	492.31	697	669.16	723.09	916.27	967.31
Cash Growth	-19.70%	4.16%	-7.46%	-21.08%	-5.28%	-8.22%
Accounts Receivable	204.3	185.28	232.99	191.57	160.08	150.77
Other Receivables	31.23	29.9	34.39	37.69	41.93	44.95
Receivables	235.54	215.18	267.39	229.27	215.01	195.72
Inventory	553.27	462.38	431.24	447.26	431.78	546.96
Prepaid Expenses	-	0.39	3.86	0.42	0.49	0.47
Other Current Assets	111.41	70.08	73.02	70.81	74.99	89.75
Total Current Assets	1,393	1,445	1,445	1,471	1,639	1,800
Property, Plant & Equipment	182.72	162.82	182.15	180.07	193.64	207.5
Long-Term Investments	20.56	20.81	17.04	18.38	27.56	51.66
Goodwill	2.32	2.32	2.32	2.32	2.32	2.32
Other Intangible Assets	180.47	227.54	161.16	107.93	79.89	46.21
Long-Term Deferred Tax Assets	17.46	17.46	17.58	18.34	18.37	15.36
Long-Term Deferred Charges	87.82	53.59	127.01	98.43	59.23	69.26
Other Long-Term Assets	-	0.06	-	-	-	-
Total Assets	1,884	1,930	1,952	1,896	2,020	2,193

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	243.82	239.67	267.26	205.5	133.95	166.55
Accrued Expenses	63.4	130.95	139.08	110.59	111.26	101.42
Short-Term Debt	320.79	287.3	143.46	76.14	72.84	32.03
Current Portion of Long-Term Debt	34.85	39.03	-	-	-	-
Current Portion of Leases	-	3.49	8.96	2.15	5.18	5.5
Current Income Taxes Payable	18.29	13.53	13.06	13.09	13.9	31.13
Current Unearned Revenue	76.04	70.63	63.67	70.12	49.95	54.72
Other Current Liabilities	44.54	29.96	30.83	33.71	32.28	30.21
Total Current Liabilities	801.73	814.56	666.33	511.31	419.36	421.57
Long-Term Debt	49.5	10.51	-	-	-	-
Long-Term Leases	26.74	6.85	6.37	1.06	2.1	5.03
Long-Term Unearned Revenue	3.23	3.19	2.6	3.55	14.23	2.49
Long-Term Deferred Tax Liabilities	0.34	0.34	0.55	0.38	0.34	0.25
Other Long-Term Liabilities	0.1	0.1	-	-	2.53	0.5
Total Liabilities	881.64	835.55	675.85	516.3	438.55	429.83

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	244.45	244.45	244.45	244.45	244.45	244.45
Additional Paid-In Capital	1,485	1,485	1,485	1,487	1,487	1,491
Retained Earnings	-840.09	-753.9	-557.95	-446.47	-311.71	-175.45
Comprehensive Income & Other	-24.77	-26.49	-31.01	-32.29	-28.13	-26.2
Total Common Equity	864.48	948.94	1,141	1,252	1,391	1,533
Minority Interest	137.77	145.14	135.22	127.58	189.63	229.32
Shareholders' Equity	1,002	1,094	1,276	1,380	1,581	1,763
Total Liabilities & Equity	1,884	1,930	1,952	1,896	2,020	2,193

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	431.87	347.18	158.79	79.35	80.12	42.56
Net Cash (Debt)	60.44	349.82	510.37	643.75	836.15	924.74
Net Cash Growth	-79.01%	-31.46%	-20.72%	-23.01%	-9.58%	-12.26%
Net Cash Per Share	0.25	1.43	2.09	2.63	3.42	3.78
Filing Date Shares Outstanding	244.43	244.45	244.45	244.45	244.45	244.45
Total Common Shares Outstanding	244.43	244.45	244.45	244.45	244.45	244.45
Working Capital	590.81	630.47	778.35	959.56	1,219	1,379
Book Value Per Share	3.54	3.88	4.67	5.12	5.69	6.27
Tangible Book Value	681.69	719.08	977.39	1,142	1,309	1,485
Tangible Book Value Per Share	2.79	2.94	4.00	4.67	5.36	6.07
Buildings	-	223.71	223.71	223.73	223.11	223.11
Machinery	-	175.12	174.59	170.39	164.09	165.03
Construction In Progress	-	0.01	-	-	-	-