SHE:002607 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	163.39	77.75	293.04	378.48	385.33	1,970
Short-Term Investments	-	-	-	-	-	217.16
Trading Asset Securities	3.01	0.01	2.61	-	-	346.73
Cash & Short-Term Investments	166.4	77.76	295.65	378.48	385.33	2,534
Cash Growth	-6.36%	-73.70%	-21.88%	-1.78%	-84.80%	-72.52%
Accounts Receivable	10.42	14.69	27.55	32.32	37.32	40.37
Other Receivables	154.29	125.22	235.46	81.2	193.62	-
Receivables	164.71	139.91	263.01	113.52	230.94	40.37
Inventory	15.76	4.48	-	-	-	-
Prepaid Expenses	-	-	-	-	4.32	10.26
Other Current Assets	14.03	5.55	2.06	3.51	0.8	30.48
Total Current Assets	360.9	227.7	560.71	495.51	621.39	2,615
Property, Plant & Equipment	1,987	1,993	2,299	2,707	3,406	3,407
Long-Term Investments	103.86	103.96	127.54	201.24	197.22	215.37
Goodwill	99.87	99.87	99.87	99.87	99.87	99.87
Other Intangible Assets	823.91	838.43	983.64	1,053	1,162	866.63
Long-Term Deferred Tax Assets	339.33	378.32	429	533.21	602.28	424.03
Long-Term Deferred Charges	10.24	40.3	106.36	178.58	285.13	369.13
Other Long-Term Assets	2,001	2,007	1,904	1,871	1,653	2,307
Total Assets	5,726	5,688	6,510	7,140	8,027	10,305

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	172.02	187.68	197.89	234.03	287.09	282.03
Accrued Expenses	628.72	598.76	561.72	289.65	683.91	487.07
Short-Term Debt	48.9	54.34	450.21	1,016	959.24	3,153
Current Portion of Long-Term Debt	687.54	486.78	654.82	17.69	-	-
Current Portion of Leases	251.69	209	385.62	629.63	578.82	531.88
Current Income Taxes Payable	5.86	6.17	3.04	2.83	2.16	7.2
Current Unearned Revenue	1,623	1,650	1,873	2,953	3,950	3,064
Other Current Liabilities	775.81	776.2	790.08	157.47	189.39	162.15
Total Current Liabilities	4,194	3,969	4,917	5,301	6,650	7,687
Long-Term Debt	473.64	701.15	558.93	931.03	-	-
Long-Term Leases	115.21	128.78	141.34	247.2	508.75	635.69
Long-Term Deferred Tax Liabilities	84.47	78.64	89.07	93.28	88.42	93.71
Other Long-Term Liabilities	30.75	53.9	79.43	-	-	-
Total Liabilities	4,898	4,931	5,786	6,573	7,248	8,416

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	103.81	103.81	103.81	103.81	103.81	103.81
Additional Paid-In Capital	1,225	1,225	1,225	1,225	1,225	1,225
Retained Earnings	-455.52	-528.75	-577.64	-765.22	-555.79	546.33
Comprehensive Income & Other	-43.27	-43.27	-27.21	3.08	6.38	13.2
Total Common Equity	830.46	757.24	724.4	567.1	779.87	1,889
Minority Interest	-1.79	0.05	0.14	-	-0.04	-0.04
Shareholders' Equity	828.67	757.28	724.54	567.1	779.83	1,889
Total Liabilities & Equity	5,726	5,688	6,510	7,140	8,027	10,305

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	1,577	1,580	2,191	2,842	2,047	4,321
Net Cash (Debt)	-1,411	-1,502	-1,895	-2,463	-1,661	-1,786
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.26	-0.31	-0.31	-0.35	-0.27	-0.29
Filing Date Shares Outstanding	6,167	6,167	6,167	6,167	6,167	6,167
Total Common Shares Outstanding	6,167	6,167	6,167	6,167	6,167	6,167
Working Capital	-3,833	-3,741	-4,356	-4,806	-6,029	-5,072
Book Value Per Share	0.13	0.12	0.12	0.09	0.13	0.31
Tangible Book Value	-93.31	-181.06	-359.11	-585.98	-482.26	922.32
Tangible Book Value Per Share	-0.02	-0.03	-0.06	-0.10	-0.08	0.15
Buildings	1,867	1,867	1,929	1,962	2,168	1,798
Machinery	295.36	294.99	298.25	314.37	327.45	327.25
Construction In Progress	255.9	255.9	265.91	276.73	323.27	294.79