SHE:002636 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	745.99	471.15	669.08	910.34	979.37	1,612
Short-Term Investments	1,161	868.61	283.55	79.24	588.23	-
Trading Asset Securities	189.48	234.98	245.69	223.19	230.91	267.02
Cash & Short-Term Investments	2,096	1,575	1,198	1,213	1,799	1,879
Cash Growth	31.86%	31.41%	-1.19%	-32.57%	-4.31%	39.09%
Accounts Receivable	3,263	2,117	1,677	1,218	1,336	2,372
Other Receivables	2.11	1.71	28.64	35.56	33.16	34.82
Receivables	3,265	2,119	1,706	1,513	1,510	2,487
Inventory	578.16	365.63	360.18	414.03	394.83	425.51
Prepaid Expenses	0.05	0	0	0.72	0.46	0.28
Other Current Assets	24.48	15.46	27.92	23.68	80.47	29.97
Total Current Assets	5,964	4,075	3,292	3,164	3,785	4,823
Property, Plant & Equipment	1,540	1,431	1,500	1,650	1,546	1,088
Long-Term Investments	291.14	722	1,151	821.65	344.95	536.2
Goodwill	141.89	141.89	165.77	215.98	237.44	248.44
Other Intangible Assets	205.81	196.45	218.81	244.17	249.57	108.98
Long-Term Deferred Tax Assets	27.04	23.47	23.68	22.67	21.43	11.1
Long-Term Deferred Charges	6.05	7.87	11.72	15.58	19.01	2.6
Other Long-Term Assets	26.01	12.94	0.02	18.46	40.81	47.73
Total Assets	8,202	6,611	6,364	6,153	6,244	6,865

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	3,196	2,571	2,556	2,159	2,133	2,852
Accrued Expenses	84.47	58.31	47.84	46.21	59.15	77.88
Current Portion of Leases	3.01	3.19	1.18	2.77	2.24	1.04
Current Income Taxes Payable	70.44	6.02	2.55	5.33	14.09	18.77
Current Unearned Revenue	152.64	69.7	29.66	29.19	55.31	43.59
Other Current Liabilities	325.82	200.55	170.87	285.77	215.36	95.51
Total Current Liabilities	3,832	2,909	2,809	2,528	2,479	3,089
Long-Term Leases	0.97	0.97	2.89	3.68	5.59	5.49
Long-Term Unearned Revenue	46.85	47.94	47.6	56.35	39.44	24.56
Long-Term Deferred Tax Liabilities	2.4	2.46	4.37	8.1	7.8	9.85
Other Long-Term Liabilities	3.26	3.26	3.26	3.26	15.65	72.16
Total Liabilities	3,886	2,963	2,867	2,600	2,548	3,201

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	728	728	728	728	728	728
Additional Paid-In Capital	191.33	191.33	191.33	191.33	191.33	191.33
Retained Earnings	3,370	2,695	2,456	2,463	2,603	2,578
Comprehensive Income & Other	-1.81	-1.51	0.22	-2.61	-2.79	-3.53
Total Common Equity	4,287	3,613	3,376	3,379	3,520	3,494
Minority Interest	28.67	34.61	121.4	173.67	175.99	170.71
Shareholders' Equity	4,316	3,647	3,497	3,553	3,696	3,665
Total Liabilities & Equity	8,202	6,611	6,364	6,153	6,244	6,865

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	3.98	4.16	4.07	6.45	7.83	6.53
Net Cash (Debt)	2,092	1,571	1,194	1,206	1,791	1,873
Net Cash Growth	31.93%	31.51%	-1.00%	-32.63%	-4.39%	45.89%
Net Cash Per Share	2.83	2.16	1.64	1.65	2.47	2.57
Filing Date Shares Outstanding	728	728	728	728	728	728
Total Common Shares Outstanding	728	728	728	728	728	728
Working Capital	2,132	1,166	483.62	635.78	1,305	1,734
Book Value Per Share	5.89	4.96	4.64	4.64	4.84	4.80
Tangible Book Value	3,940	3,274	2,991	2,919	3,033	3,137
Tangible Book Value Per Share	5.41	4.50	4.11	4.01	4.17	4.31
Buildings	1,183	1,184	1,252	1,333	1,121	831.42
Machinery	1,341	1,345	1,414	1,396	1,278	925.9
Construction In Progress	339.01	171.45	37.94	46.83	139.06	231.77