SHE:002457 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	578.22	770.62	557.74	439.52	390.39	341.52
Short-Term Investments	-	-	-	-	11.19	19.8
Trading Asset Securities	35	116	40	20	121.5	107
Cash & Short-Term Investments	613.22	886.62	597.74	459.52	523.07	468.32
Cash Growth	34.30%	48.33%	30.08%	-12.15%	11.69%	-11.10%
Accounts Receivable	1,357	1,511	1,665	1,582	1,566	1,385
Other Receivables	64.92	59.07	83.92	99.7	79.09	116.38
Receivables	1,422	1,570	1,750	1,738	1,670	1,502
Inventory	968.69	621.87	662.66	663.86	590.2	742.96
Prepaid Expenses	-	1.75	1.81	6.04	0.87	2.6
Other Current Assets	395.65	237.47	237.36	184.16	303.37	167.32
Total Current Assets	3,399	3,318	3,249	3,051	3,087	2,883
Property, Plant & Equipment	878.19	886.35	745.81	696.74	547.58	553.17
Long-Term Investments	125.35	132.95	125.09	128.29	137.77	159.52
Goodwill	89.47	89.47	89.47	89.47	89.47	89.47
Other Intangible Assets	174.51	162.74	166.46	162.34	138.45	149.83
Long-Term Deferred Tax Assets	45.89	40.44	74.98	73.67	54.21	47.23
Long-Term Deferred Charges	5.83	6.63	2.93	1.58	1.22	3.55
Other Long-Term Assets	43.2	48.4	48.92	64.84	69.83	89.22
Total Assets	4,763	4,686	4,538	4,305	4,166	4,018

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	631.79	684.46	728.42	529.89	486.43	490.45
Accrued Expenses	70.53	179.23	117.19	141.25	220.99	181.99
Short-Term Debt	840.73	588.16	595.08	423.7	523.35	493.83
Current Portion of Long-Term Debt	3.85	3	1.5	30.08	15.05	30.04
Current Portion of Leases	-	2.91	1.94	0.27	0.49	-
Current Income Taxes Payable	17.54	10.86	26.13	11.65	13.61	16.75
Current Unearned Revenue	267.1	271.77	191.16	329.98	152.78	181.81
Other Current Liabilities	135.21	114.23	99.22	244.52	155.06	237.69
Total Current Liabilities	1,967	1,855	1,761	1,711	1,568	1,633
Long-Term Debt	-	0.1	4.5	50	30	-
Long-Term Leases	13.56	15.79	4.27	2.47	0.85	-
Long-Term Unearned Revenue	23.82	24.42	25.59	27.08	27.6	27.46
Long-Term Deferred Tax Liabilities	15.14	17.93	38.87	35.13	20.45	23.59
Other Long-Term Liabilities	3.29	3.28	5.04	1.82	1.79	1.79
Total Liabilities	2,023	1,916	1,839	1,828	1,648	1,685

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	333.49	333.49	333.49	334.99	334.99	334.99
Additional Paid-In Capital	839.01	838.27	837.67	840.31	837.67	820.76
Retained Earnings	1,366	1,391	1,314	1,106	1,147	1,039
Treasury Stock	-20.1	-20.1	-20.1	-11.08	-11.08	-11.08
Comprehensive Income & Other	2.57	2.59	2.53	3.01	3.55	0.01
Total Common Equity	2,521	2,545	2,468	2,273	2,312	2,183
Minority Interest	219.47	224.56	231.34	203.77	205.24	148.76
Shareholders' Equity	2,740	2,770	2,699	2,477	2,517	2,332
Total Liabilities & Equity	4,763	4,686	4,538	4,305	4,166	4,018

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	858.14	609.96	607.28	506.52	569.74	523.87
Net Cash (Debt)	-244.93	276.67	-9.54	-47	-46.67	-55.55
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.74	0.83	-0.03	-0.13	-0.14	-0.17
Filing Date Shares Outstanding	343.78	330.33	330.33	333.49	333.49	333.49
Total Common Shares Outstanding	343.78	330.33	330.33	333.49	333.49	333.49
Working Capital	1,433	1,463	1,489	1,340	1,519	1,250
Book Value Per Share	7.33	7.71	7.47	6.82	6.93	6.55
Tangible Book Value	2,257	2,293	2,212	2,022	2,084	1,944
Tangible Book Value Per Share	6.56	6.94	6.70	6.06	6.25	5.83
Buildings	-	650.64	613.05	578.3	434.07	444.68
Machinery	-	924	818.18	768.9	696.73	698.16
Construction In Progress	-	6.53	53.11	35.2	83.85	33.96