SHE:002631 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	509.81	1,219	969.45	1,291	1,300	945.51
Short-Term Investments	-	430.54	633.9	950.87	272.88	242.45
Trading Asset Securities	622.49	223.2	309.06	203.08	241.51	203.93
Cash & Short-Term Investments	1,132	1,873	1,912	2,445	1,814	1,392
Cash Growth	-43.17%	-2.06%	-21.77%	34.76%	30.33%	-8.62%
Accounts Receivable	71.2	62.42	159.58	199.71	227.11	193.53
Other Receivables	9.77	5.88	5.65	6.43	7.59	20.99
Receivables	80.97	68.3	165.24	206.13	234.7	214.52
Inventory	312.28	347.27	636.17	969.87	1,185	1,153
Other Current Assets	873.43	36.63	31.31	30.69	41.99	30.3
Total Current Assets	2,399	2,325	2,745	3,651	3,276	2,789
Property, Plant & Equipment	251.84	280.89	343.29	389.87	471.35	569.7
Long-Term Investments	207.23	166.6	425.99	353.11	434.06	407.62
Other Intangible Assets	113.78	117.1	117.9	121.37	124.89	132.76
Long-Term Accounts Receivable	-	24.17	27.78	33.2	30.62	26.21
Long-Term Deferred Tax Assets	49.87	50.97	44.91	46.44	38.16	22.69
Long-Term Deferred Charges	2.61	2.8	8.92	12.93	19.68	39.98
Other Long-Term Assets	45.37	23.19	28.44	28.85	6.42	5.12
Total Assets	3,070	2,991	3,742	4,637	4,401	3,994

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	231.77	263.8	330.17	355.89	364.84	377.97
Accrued Expenses	12.23	36.93	45.05	57.64	70.98	69.13
Short-Term Debt	422.43	201.89	350.21	677.39	342.32	64.52
Current Portion of Long-Term Debt	11.33	-	-	16.41	11.72	7.03
Current Portion of Leases	-	10.1	19.8	14.61	28.12	31.38
Current Income Taxes Payable	7.95	13.48	13.83	14.32	20.9	29.44
Current Unearned Revenue	262.65	318.3	592.82	869.64	944.85	744.13
Other Current Liabilities	75.16	63.17	66.35	61.71	64.42	65.27
Total Current Liabilities	1,024	907.67	1,418	2,068	1,848	1,389
Long-Term Debt	-	-	-	692.74	661.71	627.12
Long-Term Leases	23.34	37.24	53.93	53.63	75.51	114.91
Long-Term Unearned Revenue	0.34	0.34	0.68	-	0.44	1.1
Long-Term Deferred Tax Liabilities	3.33	4.47	6.02	10.75	7.37	5.19
Other Long-Term Liabilities	5.35	5.35	-	2.6	2.56	0.2
Total Liabilities	1,056	955.08	1,479	2,827	2,596	2,137

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	797.28	797.28	797.28	658.66	658.64	658.63
Additional Paid-In Capital	704.33	704.33	704.33	187.68	188.17	188.05
Retained Earnings	513.16	535.56	756.47	865.75	853.75	892.72
Comprehensive Income & Other	-	-	-	96.97	96.98	97
Total Common Equity	2,015	2,037	2,258	1,809	1,798	1,836
Minority Interest	-0.98	-1.34	5.42	0.73	8.02	19.73
Shareholders' Equity	2,014	2,036	2,263	1,810	1,806	1,856
Total Liabilities & Equity	3,070	2,991	3,742	4,637	4,401	3,994

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	457.1	249.24	423.93	1,455	1,119	844.96
Net Cash (Debt)	675.2	1,624	1,488	989.84	694.67	546.94
Net Cash Growth	-58.64%	9.09%	50.38%	42.49%	27.01%	-34.29%
Net Cash Per Share	0.85	2.04	2.22	1.50	1.06	0.83
Filing Date Shares Outstanding	795.89	797.28	797.28	658.66	658.64	658.63
Total Common Shares Outstanding	795.89	797.28	797.28	658.66	658.64	658.63
Working Capital	1,375	1,417	1,327	1,584	1,428	1,401
Book Value Per Share	2.53	2.56	2.83	2.75	2.73	2.79
Tangible Book Value	1,901	1,920	2,140	1,688	1,673	1,704
Tangible Book Value Per Share	2.39	2.41	2.68	2.56	2.54	2.59
Buildings	-	337.47	339.28	338.91	339.38	339.36
Machinery	-	443.53	451.56	456.17	459.36	465.86
Construction In Progress	-	0.29	2.57	3.76	5.51	2.13