SHE:002454 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	908.11	1,644	1,559	1,110	724.61	760.95
Trading Asset Securities	1,356	1,009	763.14	941.93	871.62	871.48
Cash & Short-Term Investments	2,264	2,653	2,323	2,052	1,596	1,632
Cash Growth	0.48%	14.24%	13.17%	28.57%	-2.22%	33.53%
Accounts Receivable	2,764	2,710	2,685	2,202	2,328	2,384
Other Receivables	14.58	19.72	10.54	29.95	12.9	10.95
Receivables	2,778	2,730	2,696	2,232	2,341	2,394
Inventory	812.37	1,006	922.86	860.91	920.85	761.41
Prepaid Expenses	-	0.18	0.98	1.49	-	-
Other Current Assets	46.47	60.08	58.12	68.06	44.39	53.18
Total Current Assets	5,901	6,450	6,000	5,215	4,903	4,841
Property, Plant & Equipment	1,506	1,483	1,462	1,457	1,416	1,464
Long-Term Investments	160.33	110.27	23.04	64.55	91.75	103.87
Goodwill	75.25	75.25	93.69	106.1	114.1	122.65
Other Intangible Assets	282.64	283.59	290.38	296.78	301.68	224.71
Long-Term Deferred Tax Assets	123.31	127.41	133.14	134.47	122.13	111.63
Long-Term Deferred Charges	1.49	0.6	0.18	1.35	1.03	1.69
Other Long-Term Assets	91.94	121.05	121.56	97.16	97.16	58.65
Total Assets	8,142	8,651	8,124	7,372	7,046	6,928

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	2,973	3,454	3,137	2,557	2,393	2,311
Accrued Expenses	62.73	266.54	143.24	139.16	116.06	127.16
Short-Term Debt	-	-	16	28.98	30.82	24.46
Current Portion of Leases	-	1.93	1.47	-	2.08	0.96
Current Income Taxes Payable	37.64	10.88	6.07	9.18	9.24	7.02
Current Unearned Revenue	212.65	178.14	229.5	145.23	143.97	159.66
Other Current Liabilities	244.35	142.19	48.33	34.15	52.92	89.13
Total Current Liabilities	3,532	4,054	3,581	2,914	2,748	2,719
Long-Term Leases	16.79	17.64	18.27	25.83	26.04	22.1
Long-Term Unearned Revenue	19.92	21.96	20.57	24.22	27.05	26.91
Long-Term Deferred Tax Liabilities	13.71	15.12	16.05	19.03	14.38	16.65
Other Long-Term Liabilities	-	-	59.45	44.15	41.76	39.97
Total Liabilities	3,582	4,109	3,696	3,027	2,857	2,825

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	879.07	628.58	628.58	628.58	628.58	628.58
Additional Paid-In Capital	490.22	740.71	739.57	742.38	742.38	742.59
Retained Earnings	2,660	2,661	2,570	2,471	2,390	2,321
Treasury Stock	-14.57	-14.57	-14.57	-0.74	-	-
Comprehensive Income & Other	-10.07	-8.38	-8.19	-6.94	-8.94	-3.19
Total Common Equity	4,005	4,007	3,916	3,835	3,752	3,689
Minority Interest	554.03	534.81	512.73	510.63	436.6	415.05
Shareholders' Equity	4,559	4,542	4,428	4,345	4,189	4,104
Total Liabilities & Equity	8,142	8,651	8,124	7,372	7,046	6,928

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	18.76	19.57	35.74	54.81	58.94	47.52
Net Cash (Debt)	2,245	2,634	2,287	1,997	1,537	1,585
Net Cash Growth	0.69%	15.17%	14.49%	29.93%	-3.00%	29.64%
Net Cash Per Share	2.52	2.97	2.63	2.29	1.74	1.81
Filing Date Shares Outstanding	870.39	876.72	876.72	876.72	880.01	880.01
Total Common Shares Outstanding	870.39	876.72	876.72	876.72	880.01	880.01
Working Capital	2,369	2,396	2,419	2,301	2,154	2,123
Book Value Per Share	4.60	4.57	4.47	4.37	4.26	4.19
Tangible Book Value	3,647	3,649	3,532	3,432	3,337	3,341
Tangible Book Value Per Share	4.19	4.16	4.03	3.91	3.79	3.80
Buildings	-	1,176	1,172	1,117	1,033	953.62
Machinery	-	1,146	1,134	1,052	967.67	921.36
Construction In Progress	-	117.67	61.23	79.97	131.41	207.03