SHE:002644 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	634.61	524.49	397.89	406.04	397.85	374.94
Trading Asset Securities	-	-	-	-	2	-
Cash & Short-Term Investments	634.61	524.49	397.89	406.04	399.85	374.94
Cash Growth	65.21%	31.82%	-2.01%	1.55%	6.64%	-17.06%
Accounts Receivable	416.88	474.08	413.57	382.65	435.88	344.8
Other Receivables	31.3	19.41	45.59	50.5	62.98	12.34
Receivables	448.18	493.49	459.17	433.15	498.87	357.14
Inventory	308.42	289.84	339.99	369.72	363.26	258.83
Prepaid Expenses	-	0.12	0.04	0.9	-	-
Other Current Assets	30.84	24.79	24.79	29.06	42	43.72
Total Current Assets	1,422	1,333	1,222	1,239	1,304	1,035
Property, Plant & Equipment	976.38	986.96	1,032	1,062	1,068	1,092
Long-Term Investments	66.77	69.93	55.66	64.1	68.67	71.65
Goodwill	9.01	9.01	9.01	9.01	9.01	4.47
Other Intangible Assets	71.91	73.55	76.87	79.55	76.79	71.96
Long-Term Deferred Tax Assets	65.7	65.79	61.81	53.65	53.98	51.11
Long-Term Deferred Charges	1.95	1.84	3.76	7.65	6	0.89
Other Long-Term Assets	6.38	7.66	8.78	13.43	20.41	25.76
Total Assets	2,620	2,547	2,470	2,528	2,606	2,352

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	334.99	263.63	213.09	310.37	314.47	214.3
Accrued Expenses	11.04	19.02	10.21	11.46	28.86	9.9
Short-Term Debt	19.76	21.7	10	10	-	-
Current Portion of Long-Term Debt	1.7	14.7	13.92	13.89	13.4	14.2
Current Portion of Leases	0.12	1.39	0.82	0.8	0.87	0.5
Current Income Taxes Payable	5.19	8.5	19.08	27.42	44.74	44.26
Current Unearned Revenue	50	50.75	16.05	47.02	99.93	35.91
Other Current Liabilities	70.73	60.93	96.56	46.74	40.28	55.78
Total Current Liabilities	493.54	440.62	379.73	467.69	542.54	374.84
Long-Term Debt	7.2	6.2	15	26.6	40.37	53.14
Long-Term Leases	3.03	1.51	1.05	1.35	0.97	0.81
Long-Term Unearned Revenue	231.2	241.4	256.1	260.96	278.15	294.96
Long-Term Deferred Tax Liabilities	2.18	2.3	2.93	3.07	3.18	0.85
Total Liabilities	737.14	692.03	654.81	759.67	865.21	724.59

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	510.66	510.66	510.66	510.66	510.66	510.66
Additional Paid-In Capital	337.39	337.39	337.39	337.38	352.33	343.51
Retained Earnings	1,013	983.95	940.88	896.13	854.47	758.78
Comprehensive Income & Other	0.55	0.66	0.96	1.21	1.6	1.62
Total Common Equity	1,862	1,833	1,790	1,745	1,719	1,615
Minority Interest	20.94	22.79	25.09	23.06	22.17	12.92
Shareholders' Equity	1,883	1,855	1,815	1,768	1,741	1,628
Total Liabilities & Equity	2,620	2,547	2,470	2,528	2,606	2,352

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	31.8	45.49	40.79	52.63	55.6	68.65
Net Cash (Debt)	602.82	479	357.1	353.41	344.26	306.29
Net Cash Growth	69.72%	34.13%	1.04%	2.66%	12.39%	-12.86%
Net Cash Per Share	1.18	0.94	0.70	0.69	0.67	0.60
Filing Date Shares Outstanding	510.66	510.66	510.66	510.66	510.66	510.66
Total Common Shares Outstanding	510.66	510.66	510.66	510.66	510.66	510.66
Working Capital	928.53	892.12	842.16	771.18	761.43	659.79
Book Value Per Share	3.65	3.59	3.51	3.42	3.37	3.16
Tangible Book Value	1,781	1,750	1,704	1,657	1,633	1,538
Tangible Book Value Per Share	3.49	3.43	3.34	3.24	3.20	3.01
Buildings	967.46	946.04	945.9	938.67	933.74	927.81
Machinery	384.57	382.57	377.02	366.31	333.01	317.82
Construction In Progress	-	-	1.76	3.3	-	-