SHE:002695 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	1,101	1,081	1,128	1,128	1,026	802.93
Short-Term Investments	-	20	80.47	170	100	100
Trading Asset Securities	-	-	20.03	-	-	-
Cash & Short-Term Investments	1,101	1,101	1,228	1,298	1,126	902.93
Cash Growth	-18.26%	-10.40%	-5.35%	15.24%	24.71%	-15.22%
Accounts Receivable	298.01	137.74	18.25	39.61	77.32	109.12
Other Receivables	18.55	19.06	33.02	19.57	16.88	26.74
Receivables	316.56	156.8	51.26	59.18	94.2	135.85
Inventory	316.31	473.82	455.27	497.92	517.96	736.88
Prepaid Expenses	-	1.15	1.4	17.82	7.46	16.07
Other Current Assets	109.49	109.89	118.12	112.98	82.31	95.27
Total Current Assets	1,843	1,842	1,854	1,986	1,828	1,887
Property, Plant & Equipment	1,446	1,440	1,112	1,029	883.76	884.47
Goodwill	324.45	324.45	22.42	33.17	39.78	40.18
Other Intangible Assets	210.02	213.87	188.49	188.19	159.62	124.54
Long-Term Deferred Tax Assets	58.16	57.8	65.41	52.3	38.58	22.76
Long-Term Deferred Charges	24.85	21.53	20.82	29.9	37.38	40.2
Other Long-Term Assets	25.94	27.21	19.06	43.18	14.01	21.56
Total Assets	3,933	3,927	3,282	3,361	3,001	3,021

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	231.24	217.36	138.23	129.17	88.13	91.81
Accrued Expenses	22.59	86.51	74.54	81.13	92.94	82.75
Short-Term Debt	76.45	89.49	-	29.53	130.64	113.15
Current Portion of Long-Term Debt	9.84	-	-	-	-	5.81
Current Portion of Leases	-	15.91	13.06	9.96	8.82	36.34
Current Income Taxes Payable	17.95	5.87	1.86	1.6	4.2	1.3
Current Unearned Revenue	16.3	25.98	14.39	16.45	14.54	9.71
Other Current Liabilities	285.91	286.42	86.39	110.35	101.14	72.23
Total Current Liabilities	660.27	727.55	328.46	378.19	440.41	413.1
Long-Term Leases	59.85	32.49	13.12	14.29	15.24	87.22
Long-Term Unearned Revenue	206.67	205.69	179.16	165.88	159.18	143.89
Long-Term Deferred Tax Liabilities	11	9.47	5.67	5.66	4.92	-
Total Liabilities	937.79	975.19	526.41	564.02	619.75	644.22

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	559.59	559.59	559.01	556.95	512.3	512.43
Additional Paid-In Capital	952.88	952.88	961.84	943.85	687.54	671.71
Retained Earnings	1,284	1,253	1,233	1,293	1,230	1,230
Treasury Stock	-	-	-	-	-85.49	-86.46
Total Common Equity	2,796	2,766	2,754	2,794	2,344	2,328
Minority Interest	199.43	186.05	1.92	3.52	37.03	48.6
Shareholders' Equity	2,995	2,952	2,756	2,797	2,381	2,376
Total Liabilities & Equity	3,933	3,927	3,282	3,361	3,001	3,021

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	146.13	137.89	26.18	53.79	154.7	242.52
Net Cash (Debt)	954.92	962.67	1,202	1,244	971.39	660.4
Net Cash Growth	-27.76%	-19.92%	-3.36%	28.06%	47.09%	-30.56%
Net Cash Per Share	1.70	1.72	2.15	2.19	1.90	1.28
Filing Date Shares Outstanding	564.05	559.59	559.43	556.95	508.58	508.71
Total Common Shares Outstanding	564.05	559.59	559.01	556.95	508.58	508.71
Working Capital	1,183	1,115	1,526	1,607	1,388	1,474
Book Value Per Share	4.96	4.94	4.93	5.02	4.61	4.58
Tangible Book Value	2,262	2,227	2,543	2,572	2,145	2,163
Tangible Book Value Per Share	4.01	3.98	4.55	4.62	4.22	4.25
Buildings	-	1,263	963.01	831.28	728.03	656.18
Machinery	-	640.68	393.12	362.86	325.83	311.44
Construction In Progress	-	79.18	166.81	201.9	148.17	102.17