SHE:002622 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	Dec '21 Dec 31, 2021
Cash & Equivalents	138.9	136.59	147.69	146.39	120.11	192.34
Trading Asset Securities	-	-	-	0.71	3.39	-
Cash & Short-Term Investments	138.9	136.59	147.69	147.1	123.51	192.34
Cash Growth	24.17%	-7.52%	0.40%	19.10%	-35.79%	-1.06%
Accounts Receivable	20.64	31.48	48.21	37.3	52.06	67.89
Other Receivables	41.11	39.77	40.33	41.05	45.95	95.4
Receivables	61.74	71.25	88.54	78.35	98.01	163.29
Inventory	43.6	41.6	50.75	62.14	53.7	50.84
Prepaid Expenses	0.11	0.29	0.61	0.51	0.1	0.47
Other Current Assets	12.27	12.39	8.83	14.68	32.35	11.85
Total Current Assets	256.62	262.11	296.42	302.79	307.68	418.8
Property, Plant & Equipment	275.08	291.33	327.08	348.99	331.18	320.73
Long-Term Investments	442.82	438.4	487.32	488.28	608.09	640.44
Goodwill	185.33	185.33	199.67	199.67	199.67	236.37
Other Intangible Assets	45.28	46.97	48.29	47.8	48.11	53.02
Long-Term Deferred Tax Assets	47.82	48.04	47.32	49.9	70.51	52.83
Long-Term Deferred Charges	50.08	55.97	60.13	65.85	36.18	34.62
Other Long-Term Assets	29.18	29.87	31.24	32.62	33.99	35.36
Total Assets	1,332	1,358	1,497	1,536	1,635	1,792

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	Dec '21 Dec 31, 2021
Accounts Payable	45.62	61.7	60.3	60.11	47.92	32.28
Accrued Expenses	119.04	116.46	103.58	79.28	48.73	19.24
Short-Term Debt	190.88	191.03	191.59	120.77	125.38	131.4
Current Portion of Long-Term Debt	95.74	95.75	95.75	178.16	145.25	157.77
Current Portion of Leases	33.43	36.29	38.72	39.73	44.25	42.22
Current Income Taxes Payable	2.36	1.31	1.3	3.03	0.1	6.86
Current Unearned Revenue	121.15	118.62	124.74	154.09	172.61	157.38
Other Current Liabilities	279.46	282.79	271.1	256.58	271.75	41.66
Total Current Liabilities	887.68	903.94	887.08	891.76	855.98	588.83
Long-Term Debt	-	-	-	-	65.03	123.18
Long-Term Leases	119.73	127.55	151.1	161.34	126	119.29
Long-Term Unearned Revenue	7.99	8.21	8.66	9.11	9.56	10
Long-Term Deferred Tax Liabilities	6.29	6.71	7.6	8.54	10.06	11.29
Other Long-Term Liabilities	-	-	-	-	0.04	60.8
Total Liabilities	1,022	1,046	1,054	1,071	1,067	913.38

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	Dec '21 Dec 31, 2021
Common Stock	840	840	840	840	840	840
Additional Paid-In Capital	20.59	20.59	21.69	21.69	18.82	18.82
Retained Earnings	-548.44	-534.42	-414.99	-377.3	-176.76	80.03
Comprehensive Income & Other	-51.19	-55.45	-48.66	-51.6	-109.56	-79.75
Total Common Equity	260.96	270.73	398.04	432.78	572.5	859.1
Minority Interest	49.56	40.88	45.01	32.36	-3.75	19.68
Shareholders' Equity	310.52	311.61	443.05	465.14	568.75	878.79
Total Liabilities & Equity	1,332	1,358	1,497	1,536	1,635	1,792

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	Dec '21 Dec 31, 2021
Total Debt	439.78	450.61	477.15	500.01	505.91	573.86
Net Cash (Debt)	-300.89	-314.03	-329.46	-352.91	-382.4	-381.52
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.36	-0.37	-0.39	-0.42	-0.46	-0.45
Filing Date Shares Outstanding	840	840	840	840	840	840
Total Common Shares Outstanding	840	840	840	840	840	840
Working Capital	-631.06	-641.83	-590.65	-588.97	-548.31	-170.03
Book Value Per Share	0.31	0.32	0.47	0.52	0.68	1.02
Tangible Book Value	30.35	38.43	150.07	185.32	324.72	569.71
Tangible Book Value Per Share	0.04	0.05	0.18	0.22	0.39	0.68
Buildings	179.36	179.36	179.36	179.36	179.36	179.36
Machinery	90.44	90.14	90.52	89.79	60.13	79.45
Construction In Progress	-	-	-	0.08	7.63	-