SHE:002379 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	11,812	18,473	15,221	269.65	429.54	323.09
Short-Term Investments	-	-	-	299.98	-	-
Trading Asset Securities	1,406	1,530	401.88	100.99	-	-
Cash & Short-Term Investments	13,218	20,002	15,623	670.62	429.54	323.09
Cash Growth	1498.83%	28.03%	2229.63%	56.12%	32.95%	183.21%
Accounts Receivable	3,255	3,164	3,893	279.97	270.76	642.35
Other Receivables	23.96	73.37	24.56	1.03	1.38	1.15
Receivables	3,279	3,237	3,918	280.99	272.14	643.5
Inventory	32,399	32,411	32,588	654.54	473.32	633.65
Other Current Assets	3,615	3,675	4,063	86.34	65.19	149.99
Total Current Assets	52,512	59,325	56,192	1,692	1,240	1,750
Property, Plant & Equipment	41,712	41,407	41,095	954.55	1,049	977.98
Long-Term Investments	444.86	478.41	423.74	-	-	-
Goodwill	-	-	80.42	-	-	-
Other Intangible Assets	6,497	6,547	6,423	262.46	269.69	276.92
Long-Term Deferred Tax Assets	3,234	2,857	2,680	20.48	25.27	12.33
Long-Term Deferred Charges	36.23	43.32	0.62	-	-	-
Other Long-Term Assets	454.3	629.51	1,131	52.06	10.74	22.83
Total Assets	104,890	111,288	108,026	2,982	2,595	3,040

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	8,522	8,493	9,201	520.45	501.24	842.46
Accrued Expenses	1,920	2,082	1,954	48.17	46.23	43.45
Short-Term Debt	1,818	8,831	19,878	-	220.18	250.26
Current Portion of Long-Term Debt	4,709	3,114	7,468	2.16	-	-
Current Portion of Leases	43.86	18.71	29.27	3.99	3.83	13.57
Current Income Taxes Payable	2,418	2,135	2,796	0.02	-	-
Current Unearned Revenue	1,510	1,429	1,647	28.34	19.67	44.45
Other Current Liabilities	12,273	22,895	6,523	225.84	385.39	376.81
Total Current Liabilities	33,214	48,997	49,497	828.96	1,177	1,571
Long-Term Debt	11,633	14,531	7,048	98	-	-
Long-Term Leases	287.63	305.78	240.65	22.05	26.08	47.49
Long-Term Unearned Revenue	1,229	1,240	1,069	-	-	-
Long-Term Deferred Tax Liabilities	643.72	650.05	821.4	4.15	4.87	0.29
Other Long-Term Liabilities	-	-	4,651	-	-	-
Total Liabilities	47,007	65,724	63,327	953.16	1,208	1,619

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	13,031	1,136	1,136	1,136	926.4	926.4
Additional Paid-In Capital	1,200	13,156	11,086	1,168	591.54	649.96
Retained Earnings	42,829	30,441	29,594	-275.25	-130.03	-152.87
Comprehensive Income & Other	829.82	837.23	874.15	-	-0.09	-2
Total Common Equity	57,889	45,571	42,690	2,029	1,388	1,421
Minority Interest	-6.59	-7.53	2,010	-	-	-
Shareholders' Equity	57,883	45,564	44,699	2,029	1,388	1,421
Total Liabilities & Equity	104,890	111,288	108,026	2,982	2,595	3,040

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	18,492	26,801	34,664	126.2	250.1	311.32
Net Cash (Debt)	-5,273	-6,799	-19,041	544.42	179.44	11.77
Net Cash Growth	-	-	-	203.39%	1424.80%	-81.61%
Net Cash Per Share	-0.40	-0.52	-1.46	0.54	0.19	0.01
Filing Date Shares Outstanding	13,031	13,031	1,136	1,136	926.4	926.4
Total Common Shares Outstanding	13,031	1,136	1,136	1,136	926.4	926.4
Working Capital	19,298	10,328	6,696	863.53	63.64	179.21
Book Value Per Share	4.44	40.10	37.57	1.79	1.50	1.53
Tangible Book Value	51,393	39,024	36,186	1,766	1,118	1,145
Tangible Book Value Per Share	3.94	34.34	31.84	1.55	1.21	1.24
Buildings	29,447	29,196	23,367	499.04	495.59	325.24
Machinery	45,105	44,725	39,805	973.92	942.53	947.37
Construction In Progress	5,245	3,898	11,170	-	29.24	1.07