SHE:002662 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	681.3	1,006	612.53	480.17	326.58	243.83
Trading Asset Securities	310	40	340	-	30.07	-
Cash & Short-Term Investments	995.3	1,046	952.53	480.17	356.66	243.83
Cash Growth	72.06%	9.83%	98.38%	34.63%	46.28%	-44.26%
Accounts Receivable	621.84	844.72	810.29	1,061	953.78	940.06
Other Receivables	1.74	2.43	2.04	21.64	38.61	41.41
Receivables	623.58	847.15	812.33	1,083	992.39	981.47
Inventory	418.18	434.91	458.85	534.43	644.06	712.29
Prepaid Expenses	0.18	0.97	1.18	0.77	1.29	0.04
Other Current Assets	116.48	114.7	99.9	98	76.23	168.44
Total Current Assets	2,154	2,444	2,325	2,196	2,071	2,106
Property, Plant & Equipment	2,695	2,686	2,079	2,101	2,039	1,873
Long-Term Investments	318.84	312.04	305.61	329.04	332.21	308.41
Goodwill	-	-	-	-	-	61.61
Other Intangible Assets	515.25	531.82	448.85	461.07	326.47	203.19
Long-Term Deferred Tax Assets	19.18	20.04	21.78	17.19	13.17	14.5
Long-Term Deferred Charges	36.42	-	-	-	0.04	4.61
Other Long-Term Assets	58.97	133.62	135.55	115.65	114.3	144.24
Total Assets	5,797	6,128	5,315	5,220	4,895	4,716

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	693.17	701.6	318.32	521.36	637.32	682.3
Accrued Expenses	47.5	54.81	57.17	65.6	53.88	60.42
Short-Term Debt	423.8	623.8	520.9	410.33	410.27	645.68
Current Portion of Long-Term Debt	72.94	29.03	1	-	-	-
Current Portion of Leases	2.79	-	-	-	-	1.52
Current Income Taxes Payable	3.8	16.64	6.59	28.06	14.26	17.9
Current Unearned Revenue	33.21	27.87	33.36	47.36	43.98	4.57
Other Current Liabilities	3.76	19.96	9.46	4.46	6.29	7.56
Total Current Liabilities	1,281	1,474	946.81	1,077	1,166	1,420
Long-Term Debt	-	-	29.03	-	-	-
Long-Term Leases	95.38	-	-	-	-	0.13
Long-Term Unearned Revenue	19.71	23.53	29.34	35.19	19.98	22.58
Long-Term Deferred Tax Liabilities	0.55	2.27	2.59	3.64	4.2	4.68
Other Long-Term Liabilities	-	180	-	-	-	-
Total Liabilities	1,397	1,680	1,008	1,116	1,190	1,447

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	1,500	1,500	1,500	1,500	1,500	1,500
Additional Paid-In Capital	1,684	1,684	1,684	1,684	1,684	1,684
Retained Earnings	1,216	1,264	1,123	919.18	520.72	83.76
Total Common Equity	4,400	4,448	4,308	4,104	3,705	3,268
Shareholders' Equity	4,400	4,448	4,308	4,104	3,705	3,268
Total Liabilities & Equity	5,797	6,128	5,315	5,220	4,895	4,716

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	594.91	652.83	550.93	410.33	410.27	647.33
Net Cash (Debt)	400.39	393.36	401.6	69.84	-53.61	-403.51
Net Cash Growth	-	-2.05%	475.01%	-	-	-
Net Cash Per Share	0.30	0.27	0.27	0.05	-0.04	-0.28
Filing Date Shares Outstanding	1,500	1,500	1,500	1,500	1,500	1,500
Total Common Shares Outstanding	1,500	1,500	1,500	1,500	1,500	1,500
Working Capital	872.74	970.22	1,378	1,119	904.62	686.12
Book Value Per Share	2.93	2.97	2.87	2.74	2.47	2.18
Tangible Book Value	3,885	3,917	3,859	3,643	3,379	3,003
Tangible Book Value Per Share	2.59	2.61	2.57	2.43	2.25	2.00
Buildings	1,611	1,548	1,123	1,015	1,008	894.09
Machinery	2,757	2,534	2,489	2,279	2,247	2,175
Construction In Progress	357.93	574.36	217.54	357.1	183.43	51.33