SHE:002737 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	1,395	852.82	1,040	2,287	2,399	1,320
Short-Term Investments	-	-	-	-	-	304.42
Trading Asset Securities	1,282	1,755	1,258	1,315	1,449	668.69
Cash & Short-Term Investments	2,677	2,608	2,298	3,602	3,847	2,293
Cash Growth	1.32%	13.47%	-36.19%	-6.38%	67.77%	27.52%
Accounts Receivable	140.23	182.31	584.93	110.13	184.25	268.98
Other Receivables	11.26	8.82	14.95	41.42	42.57	12.21
Receivables	151.49	191.13	599.88	151.56	226.82	281.19
Inventory	631.68	617.43	867.31	873.19	632.08	709.64
Prepaid Expenses	-	11.54	31.68	44.3	3.74	8.75
Other Current Assets	87.53	73.61	88.23	116.81	151.03	100.11
Total Current Assets	3,547	3,502	3,886	4,788	4,861	3,393
Property, Plant & Equipment	1,144	1,208	1,311	1,435	1,497	1,577
Long-Term Investments	74.53	94.88	97.12	122.44	141.38	131.32
Goodwill	56.44	56.44	86.98	91.77	91.77	107.6
Other Intangible Assets	301.09	312.73	332.64	345.37	366.52	337.77
Long-Term Deferred Tax Assets	63.49	64.15	37.62	58.92	56.51	55.78
Long-Term Deferred Charges	4.51	6.75	10.03	8.86	6.81	1.87
Other Long-Term Assets	112.81	83.9	64.89	31.39	10.85	30.77
Total Assets	5,304	5,328	5,826	6,882	7,032	5,635

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	387.89	421.62	319.05	734.6	714.48	547.18
Accrued Expenses	45.22	136.84	205.55	233.76	301.01	124.75
Short-Term Debt	156.16	108.49	0.02	14.43	420	200
Current Portion of Leases	-	4.44	4.95	4.46	5.59	3.5
Current Income Taxes Payable	45.65	5.96	4.73	87.53	60.21	43.54
Current Unearned Revenue	178.41	272.57	285.68	297.32	551.54	167.04
Other Current Liabilities	204.47	201.6	207.55	147.8	122.54	166.6
Total Current Liabilities	1,022	1,152	1,028	1,520	2,175	1,253
Long-Term Debt	30	-	-	-	-	33.57
Long-Term Leases	1.53	3	4.03	7.62	10.5	7.01
Long-Term Unearned Revenue	171.73	178.83	199.37	342.08	397.26	389.08
Long-Term Deferred Tax Liabilities	2.21	3.01	4.95	7.61	9.89	17.82
Other Long-Term Liabilities	1.3	1.3	-	-	-	-
Total Liabilities	1,228	1,338	1,236	1,877	2,593	1,700

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	584	584	584	584	584	584
Additional Paid-In Capital	929.06	929.06	918.43	915.66	889.99	896.7
Retained Earnings	2,398	2,318	2,868	3,252	2,716	2,256
Treasury Stock	-	-	-	-	-	-44
Comprehensive Income & Other	6.61	6.9	9.16	12.28	14.38	16.77
Total Common Equity	3,917	3,838	4,379	4,763	4,205	3,709
Minority Interest	158.36	152.37	210.86	241.25	234	225.72
Shareholders' Equity	4,076	3,991	4,590	5,005	4,439	3,935
Total Liabilities & Equity	5,304	5,328	5,826	6,882	7,032	5,635

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	191.62	115.93	8.99	26.52	436.08	244.08
Net Cash (Debt)	2,485	2,492	2,289	3,576	3,411	2,049
Net Cash Growth	-5.76%	8.85%	-35.97%	4.82%	66.47%	37.72%
Net Cash Per Share	4.29	4.25	3.91	6.13	5.82	3.52
Filing Date Shares Outstanding	554.83	584	584	584	584	587.54
Total Common Shares Outstanding	554.83	584	584	584	584	587.54
Working Capital	2,525	2,350	2,858	3,268	2,686	2,140
Book Value Per Share	7.06	6.57	7.50	8.16	7.20	6.31
Tangible Book Value	3,560	3,469	3,960	4,326	3,746	3,264
Tangible Book Value Per Share	6.42	5.94	6.78	7.41	6.42	5.56
Buildings	-	1,565	1,567	1,612	1,604	1,589
Machinery	-	1,145	1,121	1,075	1,014	982.56
Construction In Progress	-	32.36	30.84	35.7	30.29	19.15