SHE:002393 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	1,256	1,538	1,639	1,989	1,793	1,652
Short-Term Investments	52.75	-	156.94	70.72	-	-
Trading Asset Securities	1,041	1,020	573.36	160.54	200.32	-
Cash & Short-Term Investments	2,350	2,558	2,369	2,220	1,994	1,652
Cash Growth	11.42%	7.97%	6.71%	11.37%	20.69%	5.80%
Accounts Receivable	463.08	408.91	427.03	312.51	387.99	414
Other Receivables	89.81	126.4	3.21	4.4	10.87	7.43
Receivables	552.89	535.32	430.24	316.91	398.86	421.43
Inventory	247.93	215.11	224.37	176.28	199.15	228.78
Other Current Assets	20.67	21.07	35.81	105.11	33.78	54.32
Total Current Assets	3,171	3,330	3,060	2,819	2,625	2,356
Property, Plant & Equipment	943.54	967.8	1,020	976.48	1,030	1,137
Long-Term Investments	881.62	932.1	92.77	194.05	1,431	1,500
Goodwill	70.17	70.36	70.72	-	-	-
Other Intangible Assets	137.96	141.35	184.06	124.86	135.49	144.22
Long-Term Deferred Tax Assets	74.9	73.67	43.8	39.47	33.71	16.31
Long-Term Deferred Charges	3.59	3.95	0.92	-	-	-
Other Long-Term Assets	65.32	65.48	1,313	1,627	35.98	37.49
Total Assets	5,348	5,584	5,786	5,781	5,291	5,191

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	103.76	130.57	135.84	90.36	146.38	90.49
Accrued Expenses	219.91	290.29	290.83	251.39	297.23	228.97
Short-Term Debt	6.65	37.96	39.79	28.6	39.29	28.14
Current Portion of Leases	3.03	2.99	2.84	0.87	0.42	0.4
Current Income Taxes Payable	16.46	11.57	11.72	14.6	12.22	5.79
Current Unearned Revenue	20.14	23.44	34	14.94	30.54	11.29
Other Current Liabilities	295.91	264.9	231.5	225.5	203.9	187.4
Total Current Liabilities	665.86	761.73	746.53	626.27	729.98	552.47
Long-Term Leases	3.26	4.54	8.38	3.95	5.37	6.2
Long-Term Unearned Revenue	34.74	32.97	28.51	27.93	31.83	31.68
Pension & Post-Retirement Benefits	10.34	10.34	11	11.35	11.28	11.31
Long-Term Deferred Tax Liabilities	106.89	107.4	181.01	204.09	162.04	178.77
Other Long-Term Liabilities	7.89	6.87	10.11	3.58	1.16	-
Total Liabilities	828.99	923.86	985.54	877.17	941.66	780.42

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	308.29	257.59	257.9	184.28	183.99	182.45
Additional Paid-In Capital	1,573	1,622	1,652	1,721	1,712	1,692
Retained Earnings	2,115	2,269	1,942	1,857	1,551	1,512
Treasury Stock	-73.99	-85.77	-61.05	-24.09	-21.01	-
Comprehensive Income & Other	564.65	565.19	978.46	1,165	924.04	1,025
Total Common Equity	4,487	4,628	4,770	4,903	4,349	4,411
Minority Interest	31.74	32.49	30.06	-	-	-
Shareholders' Equity	4,519	4,661	4,800	4,903	4,349	4,411
Total Liabilities & Equity	5,348	5,584	5,786	5,781	5,291	5,191

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	12.94	45.49	51.01	33.42	45.08	34.74
Net Cash (Debt)	2,337	2,513	2,318	2,187	1,949	1,617
Net Cash Growth	11.82%	8.39%	6.01%	12.23%	20.49%	4.86%
Net Cash Per Share	7.52	8.15	7.54	7.05	6.32	5.28
Filing Date Shares Outstanding	315.37	308.26	307.52	312.97	309.11	306.52
Total Common Shares Outstanding	315.37	307.38	307.52	312.97	309.11	306.52
Working Capital	2,505	2,568	2,313	2,192	1,895	1,804
Book Value Per Share	14.23	15.06	15.51	15.67	14.07	14.39
Tangible Book Value	4,279	4,416	4,515	4,779	4,214	4,266
Tangible Book Value Per Share	13.57	14.37	14.68	15.27	13.63	13.92
Buildings	973.78	972.8	989.32	930.62	950.07	941.9
Machinery	576.42	568.49	552.53	507.9	517.78	496.86
Construction In Progress	6.77	8.3	17.61	7.04	12.79	154.51