SHE:002790 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	408.64	543.83	603.43	587.77	554.19	460.52
Short-Term Investments	-	42.59	-	-	-	-
Trading Asset Securities	-	-	356.38	591.69	401.9	250
Cash & Short-Term Investments	408.64	586.42	959.8	1,179	956.09	710.52
Cash Growth	-37.05%	-38.90%	-18.62%	23.36%	34.56%	-12.39%
Accounts Receivable	313.86	306.32	507.74	484.69	537.58	628.5
Other Receivables	7.95	20.98	22.91	14.52	5.99	6.34
Receivables	321.82	327.29	530.65	499.21	543.57	634.84
Inventory	244.22	258.65	318.12	368.8	303.34	287.5
Prepaid Expenses	-	6.18	1.69	-	-	-
Other Current Assets	175.42	17.32	30.38	21.96	25.76	19.08
Total Current Assets	1,150	1,196	1,841	2,069	1,829	1,652
Property, Plant & Equipment	653.13	581.91	508.26	524.1	527.56	510.76
Long-Term Investments	546.21	645.4	298.11	1.41	2.72	0.13
Goodwill	0.83	0.83	0.83	0.83	0.83	0.83
Other Intangible Assets	67.74	68.07	66.8	67.46	30.44	31.49
Long-Term Deferred Tax Assets	29.5	25.14	21.06	20.24	29.97	31.45
Long-Term Deferred Charges	0.11	0.19	0.29	0.75	1.18	1.55
Other Long-Term Assets	8.97	8.73	7.77	9.97	11.44	10.78
Total Assets	2,457	2,526	2,744	2,694	2,433	2,239

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	219	225.68	261.14	281.01	251.81	244.05
Accrued Expenses	34.82	77.68	94.66	92.25	80.19	65.09
Current Portion of Long-Term Debt	1.89	-	24.6	0.2	0.22	-
Current Portion of Leases	-	4.27	11.13	6.29	5.63	7.76
Current Income Taxes Payable	4.55	0.24	9.39	5.92	0.76	1.95
Current Unearned Revenue	60.35	54.8	63.79	97.64	36.21	28.09
Other Current Liabilities	20.28	26.53	75.07	38.74	34.89	56.03
Total Current Liabilities	340.88	389.2	539.78	522.05	409.7	402.97
Long-Term Debt	-	-	-	24.6	24.8	-
Long-Term Leases	2.49	3.16	7.32	12.34	7.13	12.59
Long-Term Unearned Revenue	20.63	21.51	16.94	20.99	19.94	18.76
Long-Term Deferred Tax Liabilities	40.11	40.43	43.13	45.06	44.16	35.37
Other Long-Term Liabilities	5.58	8.71	8.31	-	-	-
Total Liabilities	409.7	463.01	615.48	625.04	505.74	469.69

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	417.87	417.87	417.87	417.87	418.01	418.33
Additional Paid-In Capital	445.79	445.79	445.79	457.02	456.1	453.95
Retained Earnings	1,182	1,199	1,265	1,205	1,070	921.26
Treasury Stock	-	-	-	-	-9.46	-18.4
Comprehensive Income & Other	2.58	1.77	1.26	0.6	0.46	-1.2
Total Common Equity	2,049	2,065	2,129	2,080	1,935	1,774
Minority Interest	-1.77	-1.56	-1.17	-10.98	-7.6	-4.7
Shareholders' Equity	2,047	2,063	2,128	2,069	1,927	1,769
Total Liabilities & Equity	2,457	2,526	2,744	2,694	2,433	2,239

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	4.37	7.44	43.04	43.44	37.77	20.35
Net Cash (Debt)	404.26	578.98	916.76	1,136	918.32	690.17
Net Cash Growth	-33.90%	-36.84%	-19.30%	23.71%	33.06%	-14.90%
Net Cash Per Share	0.88	1.27	2.18	2.70	2.18	1.63
Filing Date Shares Outstanding	411.67	417.87	417.87	417.87	418.01	418.33
Total Common Shares Outstanding	411.67	417.87	417.87	417.87	418.01	418.33
Working Capital	809.2	806.67	1,301	1,547	1,419	1,249
Book Value Per Share	4.98	4.94	5.10	4.98	4.63	4.24
Tangible Book Value	1,980	1,996	2,062	2,012	1,903	1,742
Tangible Book Value Per Share	4.81	4.78	4.93	4.81	4.55	4.16
Buildings	-	279.42	279.45	279.24	275.99	195.57
Machinery	-	683.83	699.4	681.05	237.01	654.48
Construction In Progress	-	144.36	7.84	5.48	2.36	58.94