SHE:002638 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	436.61	525.37	194.1	479.48	257.65	768
Short-Term Investments	21.11	-	-	-	-	-
Trading Asset Securities	657.86	671.69	707.67	469.05	640.4	-
Cash & Short-Term Investments	1,116	1,197	901.77	948.52	898.05	768
Cash Growth	28.29%	32.75%	-4.93%	5.62%	16.93%	-25.95%
Accounts Receivable	222.16	235.41	254.99	277.88	298.01	338.59
Other Receivables	121.18	31.6	17.18	12.56	33.81	131.86
Receivables	343.34	267.01	272.18	290.44	331.82	470.45
Inventory	84.14	122.68	138.02	164.75	267.83	471.66
Other Current Assets	74.4	133.17	152.27	170.82	170.68	184.72
Total Current Assets	1,617	1,720	1,464	1,575	1,668	1,895
Property, Plant & Equipment	117.52	198.44	495.38	526.65	536.08	723.15
Long-Term Investments	170.17	161.37	269.1	315.45	358.6	382.88
Other Intangible Assets	49.11	43.65	237.55	272.43	293.78	283.79
Long-Term Accounts Receivable	-	-	-	-	-	58.97
Long-Term Deferred Tax Assets	67.65	65.65	70.39	70.38	68.35	78.06
Long-Term Deferred Charges	3.08	10.31	5.25	13.98	6.42	29.78
Other Long-Term Assets	105.05	30.32	30.89	18.52	65.77	26.76
Total Assets	2,130	2,230	2,573	2,792	2,997	3,478

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	63.21	114.93	129.18	80.29	61.61	141.3
Accrued Expenses	54.09	51.42	49.62	47.62	45.2	97.92
Current Portion of Leases	1.12	3.88	5.99	0.57	-	57.27
Current Income Taxes Payable	1.56	1.56	1.47	1.42	4.97	11.46
Current Unearned Revenue	26.78	24.33	23.64	24.09	48.85	218.68
Other Current Liabilities	73.32	83.28	77.66	71.35	24.89	45.36
Total Current Liabilities	220.09	279.39	287.55	225.35	185.53	571.99
Long-Term Leases	0.77	0.49	3.16	0.47	-	118.54
Long-Term Unearned Revenue	30.35	32.45	36.65	40.85	47.11	54.14
Long-Term Deferred Tax Liabilities	0.18	0.49	1.35	0.04	-	-
Other Long-Term Liabilities	4.23	4.1	5.37	6.21	7.15	8.11
Total Liabilities	255.62	316.93	334.09	272.91	239.78	752.78

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	1,437	1,437	1,437	1,446	1,506	1,506
Additional Paid-In Capital	3,364	3,364	3,364	3,382	3,476	3,476
Retained Earnings	-2,896	-2,856	-2,529	-2,280	-2,220	-2,256
Treasury Stock	-30.05	-30.05	-30.05	-27.52	-	-
Comprehensive Income & Other	0.36	-1.64	-2.83	-1.91	-5.43	-1.58
Total Common Equity	1,874	1,913	2,238	2,519	2,757	2,725
Minority Interest	0.21	0.21	0.23	0.24	0.25	0.27
Shareholders' Equity	1,874	1,913	2,239	2,519	2,758	2,725
Total Liabilities & Equity	2,130	2,230	2,573	2,792	2,997	3,478

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	1.89	4.37	9.15	1.04	-	175.81
Net Cash (Debt)	1,114	1,193	892.62	947.48	898.05	592.18
Net Cash Growth	29.04%	33.62%	-5.79%	5.50%	51.65%	-42.90%
Net Cash Per Share	0.78	0.84	0.61	0.64	0.62	0.39
Filing Date Shares Outstanding	1,420	1,420	1,420	1,437	1,506	1,506
Total Common Shares Outstanding	1,420	1,420	1,420	1,437	1,506	1,506
Working Capital	1,397	1,441	1,177	1,349	1,483	1,323
Book Value Per Share	1.32	1.35	1.58	1.75	1.83	1.81
Tangible Book Value	1,825	1,869	2,001	2,246	2,464	2,441
Tangible Book Value Per Share	1.29	1.32	1.41	1.56	1.64	1.62
Buildings	137.01	-	-	150.29	173.31	182.2
Machinery	129.11	131.61	128.31	152.55	173.44	181.83
Construction In Progress	-	116.52	404.97	412.31	404.59	400.32