SHE:002613 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	405.9	416.27	533.35	534.24	394.34	451.17
Short-Term Investments	151.47	153.31	10	-	-	-
Trading Asset Securities	422.15	332.11	420.84	132.28	202.85	303.94
Cash & Short-Term Investments	979.52	901.7	964.19	666.52	597.18	755.11
Cash Growth	12.00%	-6.48%	44.66%	11.61%	-20.91%	2.41%
Accounts Receivable	363.16	411.65	431.48	546.05	315.47	482.03
Other Receivables	29.01	4.19	8.89	4.81	76.77	4.2
Receivables	392.18	415.84	440.36	550.86	392.24	486.23
Inventory	401.74	384.67	450.42	432.11	466.74	471.15
Prepaid Expenses	1.88	0.79	2.96	0.53	-	0.46
Other Current Assets	30.99	58.88	115.26	42.02	48.84	43.36
Total Current Assets	1,806	1,762	1,973	1,692	1,505	1,756
Property, Plant & Equipment	678.94	659.55	589.48	553.88	497.5	432.31
Long-Term Investments	155.76	136.2	239.52	5.38	5.38	43.01
Goodwill	-	-	-	0.89	0.89	0.89
Other Intangible Assets	178.27	180.98	192.95	197.12	202.68	143.06
Long-Term Deferred Tax Assets	36.33	33.61	28.75	19.56	24.85	23.42
Long-Term Deferred Charges	0.02	0.02	6.08	5.52	5.28	5.07
Other Long-Term Assets	79.82	87.17	79.15	61.82	53.57	93.7
Total Assets	2,935	2,859	3,109	2,536	2,295	2,498

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	277.33	214.78	259.43	365.85	206.03	426.23
Accrued Expenses	48.77	44.31	51.55	35.97	37.3	39.44
Current Portion of Leases	2.43	2.01	-	-	-	-
Current Income Taxes Payable	3.68	3.31	-	-	0.71	4.95
Current Unearned Revenue	235.4	239.55	453.97	292.98	266.32	319.24
Other Current Liabilities	32.68	27.63	38.56	35.16	59.94	36.21
Total Current Liabilities	600.29	531.58	803.5	729.95	570.3	826.08
Long-Term Leases	0.32	2.09	-	-	-	-
Long-Term Unearned Revenue	47.45	48.43	44.48	45.6	46.69	32.6
Long-Term Deferred Tax Liabilities	15	15.65	14	8.98	9.53	7.45
Other Long-Term Liabilities	14.33	14.33	10.67	10.82	8	8.22
Total Liabilities	677.39	612.08	872.65	795.35	634.52	874.35

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	1,101	1,101	1,101	937.17	937.17	937.17
Additional Paid-In Capital	607.79	605.54	602.49	272.47	272.3	211.92
Retained Earnings	505.38	498.51	500.16	500.6	417.93	383.4
Total Common Equity	2,214	2,205	2,203	1,710	1,627	1,532
Minority Interest	44.31	42.71	33.24	30.62	33.23	90.93
Shareholders' Equity	2,258	2,247	2,236	1,741	1,661	1,623
Total Liabilities & Equity	2,935	2,859	3,109	2,536	2,295	2,498

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	2.75	4.1	-	-	-	-
Net Cash (Debt)	976.77	897.6	964.19	666.52	597.18	755.11
Net Cash Growth	12.14%	-6.91%	44.66%	11.61%	-20.91%	2.41%
Net Cash Per Share	0.89	0.82	1.00	0.71	0.64	0.81
Filing Date Shares Outstanding	1,101	1,101	1,101	937.17	937.17	937.17
Total Common Shares Outstanding	1,101	1,101	1,101	937.17	937.17	937.17
Working Capital	1,206	1,230	1,170	962.08	934.7	930.23
Book Value Per Share	2.01	2.00	2.00	1.82	1.74	1.64
Tangible Book Value	2,035	2,024	2,010	1,512	1,424	1,389
Tangible Book Value Per Share	1.85	1.84	1.83	1.61	1.52	1.48
Buildings	604.91	577.85	508.61	376.72	375.48	375.48
Machinery	738.32	705.41	607.06	645.42	557.61	570.26
Construction In Progress	79.39	84.6	129.56	186.19	162.1	65.64