SHE:002777 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	251.71	842.09	675.44	688.28	664.81	699.84
Short-Term Investments	733.99	394.24	483.5	361.67	439.78	501.46
Cash & Short-Term Investments	985.7	1,236	1,159	1,050	1,105	1,201
Cash Growth	2.62%	6.68%	10.38%	-4.95%	-8.05%	4.89%
Accounts Receivable	488.38	478.97	560.34	651.07	556.85	446.3
Other Receivables	43.05	34.18	41.49	48.68	52.66	51.16
Receivables	531.43	513.15	601.82	699.74	609.51	497.46
Inventory	350.21	290.47	250.26	325.34	272.21	246.1
Prepaid Expenses	0.05	0.05	0.05	0.03	0.03	0
Other Current Assets	73.87	45.18	31.12	22.51	15.72	16
Total Current Assets	1,941	2,085	2,042	2,098	2,002	1,961
Property, Plant & Equipment	114.5	117.47	125.62	140.18	145.27	155.86
Long-Term Investments	56.54	66.63	51.46	16.84	21.47	1.5
Goodwill	-	-	12.79	22.58	29.68	32.44
Other Intangible Assets	302.83	308.94	296.49	266.91	167.09	144.19
Long-Term Deferred Tax Assets	60.14	59.06	52.93	46.41	40.16	33.01
Long-Term Deferred Charges	53.35	21.22	81.89	88.68	95.16	55.34
Other Long-Term Assets	25.92	28.36	29.6	29.67	33.19	50.98
Total Assets	2,555	2,687	2,693	2,709	2,534	2,434

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	182.77	204.92	194.55	179.56	145.25	117.07
Accrued Expenses	63.76	109.72	118.52	146.06	151.57	130.72
Short-Term Debt	-	-	-	1.74	-	-
Current Portion of Leases	7.11	6.94	8.17	9.68	11.23	10.1
Current Income Taxes Payable	0.94	0.44	1.81	4.2	5.51	12.22
Current Unearned Revenue	440.49	484.73	507.22	526	470.8	547.09
Other Current Liabilities	6.61	6.82	6.45	6.58	6.69	3.19
Total Current Liabilities	701.68	813.57	836.72	873.83	791.05	820.39
Long-Term Leases	6.14	7.6	6.89	11.43	12.07	10.47
Long-Term Unearned Revenue	6.24	7.38	12.94	21.63	44.8	49.76
Long-Term Deferred Tax Liabilities	0.68	0.82	1.98	2.77	3.27	3.28
Other Long-Term Liabilities	23.96	23.96	25.68	26.05	-	-
Total Liabilities	738.71	853.34	884.21	935.71	851.19	883.9

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	408.23	408.23	408.23	408.23	408.23	314.02
Additional Paid-In Capital	314.73	313.63	313.63	313.63	313.62	407.83
Retained Earnings	951.23	965.23	949.6	925.32	821.08	699.72
Total Common Equity	1,674	1,687	1,671	1,647	1,543	1,422
Minority Interest	141.63	146.43	137.3	125.95	139.95	128.72
Shareholders' Equity	1,816	1,834	1,809	1,773	1,683	1,550
Total Liabilities & Equity	2,555	2,687	2,693	2,709	2,534	2,434

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	13.25	14.54	15.06	22.85	23.31	20.58
Net Cash (Debt)	972.45	1,222	1,144	1,027	1,081	1,181
Net Cash Growth	2.46%	6.81%	11.37%	-5.01%	-8.42%	3.09%
Net Cash Per Share	2.54	3.02	2.81	2.53	2.64	2.92
Filing Date Shares Outstanding	408.23	408.23	408.23	408.23	408.23	408.23
Total Common Shares Outstanding	408.23	408.23	408.23	408.23	408.23	408.23
Working Capital	1,240	1,272	1,205	1,224	1,211	1,140
Book Value Per Share	4.10	4.13	4.09	4.03	3.78	3.48
Tangible Book Value	1,371	1,378	1,362	1,358	1,346	1,245
Tangible Book Value Per Share	3.36	3.38	3.34	3.33	3.30	3.05
Buildings	132.85	130.4	129.92	131.12	128.22	130.89
Machinery	76.83	76.05	72.52	68.25	62.84	59.99
Construction In Progress	-	-	-	-	-	0.08