SHE:002420 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	172.14	182.32	72.34	254.42	94.04	147.78
Trading Asset Securities	20	-	-	0.04	0.04	0.06
Cash & Short-Term Investments	192.14	182.32	72.34	254.46	94.08	147.84
Cash Growth	117.19%	152.03%	-71.57%	170.48%	-36.37%	-54.51%
Accounts Receivable	1,024	1,113	1,022	926.5	890.68	981
Other Receivables	63.26	125.58	3.98	5.29	1.78	0.92
Receivables	1,087	1,239	1,026	931.79	892.46	981.92
Inventory	292.28	372.85	362.94	224.47	286.05	269.59
Prepaid Expenses	-	-	-	-	-	0.22
Other Current Assets	35.9	36.46	44.55	42.41	37.47	36.77
Total Current Assets	1,607	1,830	1,506	1,453	1,310	1,436
Property, Plant & Equipment	470.15	438.42	471	431.51	453.94	337.41
Long-Term Investments	107.17	107.7	71.94	72.81	47.23	44.63
Goodwill	24.87	24.87	24.87	29.9	47.83	-
Other Intangible Assets	97.02	99.66	124.65	123.81	129.23	102.47
Long-Term Deferred Tax Assets	29.69	24.28	26.51	24.52	16.62	8.76
Long-Term Deferred Charges	57.86	56.26	59.74	39.22	35.97	26.62
Other Long-Term Assets	82	79.92	90.71	111.06	49.34	23.65
Total Assets	2,476	2,661	2,376	2,286	2,090	1,980

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	721.32	810.69	854.83	793.71	779.28	826.62
Accrued Expenses	32.27	73.65	63.86	72.03	44.51	68.27
Short-Term Debt	332.16	415.7	371.12	453.23	255.95	254.82
Current Portion of Long-Term Debt	14.02	3.05	18.02	-	-	4.82
Current Portion of Leases	-	4.66	6.13	4.22	4.55	-
Current Income Taxes Payable	21.36	4.91	3.83	2.41	3.52	3.01
Current Unearned Revenue	33.6	14.37	21.79	37.5	55.98	70.2
Other Current Liabilities	272.96	349.41	357.7	338.76	160.9	58.75
Total Current Liabilities	1,428	1,676	1,697	1,702	1,305	1,286
Long-Term Debt	46.41	68.88	34.86	32.51	2.04	-
Long-Term Leases	29.59	18.84	23.03	3.83	7.94	-
Long-Term Unearned Revenue	15.52	18.25	27.73	26.86	30.83	42.71
Long-Term Deferred Tax Liabilities	9.48	5.85	7.57	2.71	3.75	-
Other Long-Term Liabilities	56.36	54.73	5.86	13.49	13.78	4
Total Liabilities	1,585	1,843	1,796	1,781	1,363	1,333

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	411.29	411.29	408.84	401	401	401
Additional Paid-In Capital	339.87	845.3	825.68	808.96	807.94	807.94
Retained Earnings	100.51	-451.17	-642.58	-737.27	-524.87	-566.85
Treasury Stock	-17.22	-33.35	-42.23	-	-	-
Total Common Equity	834.44	772.08	549.71	472.69	684.06	642.09
Minority Interest	56.7	46.21	29.66	32.03	43.12	4.59
Shareholders' Equity	891.14	818.3	579.37	504.72	727.18	646.68
Total Liabilities & Equity	2,476	2,661	2,376	2,286	2,090	1,980

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	422.18	511.14	453.16	493.78	270.48	259.64
Net Cash (Debt)	-230.04	-328.82	-380.82	-239.32	-176.4	-111.8
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.57	-0.82	-0.97	-0.60	-0.42	-0.29
Filing Date Shares Outstanding	393.63	401.39	383.08	401	401	401
Total Common Shares Outstanding	393.63	401.39	383.08	401	401	401
Working Capital	179.73	153.73	-191	-248.72	5.38	149.85
Book Value Per Share	2.12	1.92	1.44	1.18	1.71	1.60
Tangible Book Value	712.55	647.55	400.19	318.98	507.01	539.62
Tangible Book Value Per Share	1.81	1.61	1.04	0.80	1.26	1.35
Buildings	-	321.7	422.45	392.52	357.95	347.76
Machinery	-	704.29	631.64	635.23	622.83	621.4
Construction In Progress	-	11.76	54.26	17.42	114.96	2.4