SHE:002603 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	852.3	1,105	853.03	940.51	1,904	995.26
Trading Asset Securities	1,264	764.42	-	205.97	518.38	55.27
Cash & Short-Term Investments	2,117	1,869	853.03	1,146	2,423	1,051
Cash Growth	32.23%	119.14%	-25.60%	-52.68%	130.61%	-32.40%
Accounts Receivable	1,874	1,649	1,390	2,596	2,178	2,361
Other Receivables	18.35	16.09	130.07	5.59	6.54	4.73
Receivables	1,893	1,665	1,520	2,602	2,184	2,366
Inventory	1,602	1,489	1,746	2,459	2,022	1,673
Prepaid Expenses	7.75	4.66	26.09	93.9	0.7	39.39
Other Current Assets	125.03	178.59	189.28	242.67	624.8	473.65
Total Current Assets	5,744	5,206	4,335	6,544	7,254	5,602
Property, Plant & Equipment	6,725	6,947	7,253	7,311	6,229	5,758
Long-Term Investments	5.6	5.57	6.5	1,651	1,349	1
Goodwill	100.16	103.28	109.51	115.75	-	-
Other Intangible Assets	928.24	791.87	802.57	743.52	724.01	660.5
Long-Term Deferred Tax Assets	164.34	218.35	365.84	183.58	284.43	117
Long-Term Deferred Charges	167.96	260.12	266.88	189.37	107.16	239.33
Other Long-Term Assets	148.23	142.72	180.36	241.39	392.65	527.03
Total Assets	13,984	13,675	13,319	16,979	16,341	12,905

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	1,842	1,468	1,897	2,847	2,061	1,621
Accrued Expenses	282.76	336.31	350.83	419.64	644.78	269.71
Short-Term Debt	-	-	-	600.35	500.35	702.48
Current Portion of Long-Term Debt	-	-	-	201.12	150.12	-
Current Portion of Leases	7.93	9.69	8.24	5.5	5.86	13.43
Current Income Taxes Payable	16.07	36.86	23.46	42.45	242.15	11.38
Current Unearned Revenue	360.3	305.76	272.34	287.52	1,106	301.56
Other Current Liabilities	97.7	51.31	55.26	43.58	140.35	40.7
Total Current Liabilities	2,607	2,208	2,607	4,447	4,850	2,960
Long-Term Debt	-	-	-	599.1	200.15	500.47
Long-Term Leases	14.36	16.04	18.21	13.01	14.97	12.53
Long-Term Unearned Revenue	353.69	359.75	377.92	352.37	335.02	357.84
Long-Term Deferred Tax Liabilities	105.49	109.11	114.25	130.14	10.24	1.39
Total Liabilities	3,081	2,693	3,117	5,541	5,411	3,833

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	1,671	1,671	1,671	1,671	1,671	1,671
Additional Paid-In Capital	2,324	2,324	2,343	2,343	2,343	2,343
Retained Earnings	6,924	7,002	6,217	7,443	6,926	5,065
Comprehensive Income & Other	-8.13	-7.83	-7.12	-6.61	-7.22	-9.71
Total Common Equity	10,911	10,989	10,223	11,450	10,932	9,069
Minority Interest	-7.43	-7.21	-21.4	-11.73	-1.95	3.04
Shareholders' Equity	10,903	10,982	10,202	11,438	10,930	9,072
Total Liabilities & Equity	13,984	13,675	13,319	16,979	16,341	12,905

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	22.29	25.74	26.45	1,419	871.45	1,229
Net Cash (Debt)	2,094	1,844	826.58	-272.6	1,551	-178.37
Net Cash Growth	33.47%	123.04%	-	-	-	-
Net Cash Per Share	1.25	1.10	0.49	-0.16	0.93	-0.11
Filing Date Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Total Common Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Working Capital	3,137	2,998	1,728	2,097	2,404	2,642
Book Value Per Share	6.53	6.58	6.12	6.85	6.54	5.43
Tangible Book Value	9,882	10,094	9,311	10,590	10,208	8,409
Tangible Book Value Per Share	5.92	6.04	5.57	6.34	6.11	5.03
Buildings	5,987	5,933	5,668	5,407	4,353	3,620
Machinery	3,895	3,876	3,581	3,098	2,484	2,005
Construction In Progress	883.09	890.66	1,197	1,471	1,574	1,950