SHE:002806 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	89.37	104.21	142.2	64.21	108.5	82.11
Short-Term Investments	-	-	-	-	-	30
Trading Asset Securities	-	-	-	-	1.69	69.51
Cash & Short-Term Investments	89.37	104.21	142.2	64.21	110.19	181.63
Cash Growth	-65.90%	-26.72%	121.45%	-41.73%	-39.33%	-48.64%
Accounts Receivable	654.43	677.87	627.98	437.32	386.8	464.51
Other Receivables	18.97	17	41.21	2.87	4.11	4.2
Receivables	673.4	694.87	669.19	440.18	390.91	468.7
Inventory	302.53	302.14	290.74	209.32	254.94	161.39
Other Current Assets	54.71	54.64	52.73	41.98	44.43	29.37
Total Current Assets	1,120	1,156	1,155	755.69	800.47	841.09
Property, Plant & Equipment	466.88	487.16	498.45	526.65	446.33	376.22
Long-Term Investments	28.16	29.79	25.91	38.31	47.18	30.61
Goodwill	245.66	245.66	245.66	245.66	489.79	489.79
Other Intangible Assets	102.89	109.15	111.95	124.56	136.77	148.51
Long-Term Deferred Tax Assets	15.88	15.51	15.01	19	11.9	20.37
Long-Term Deferred Charges	5.06	5.03	4.52	3.03	3.83	4.93
Other Long-Term Assets	4.14	2.14	6.38	6.93	3.28	2.35
Total Assets	1,989	2,050	2,063	1,720	1,940	1,914

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	352.89	331.05	316.12	190.17	212.84	160.26
Accrued Expenses	9.56	22.13	25.48	20.09	21.3	26.68
Short-Term Debt	155	188	179.52	155	159.9	85
Current Portion of Long-Term Debt	29.45	37	166.7	15	-	-
Current Portion of Leases	-	2.88	2.6	4.42	4.94	7.55
Current Income Taxes Payable	7.94	1.1	6.67	0	0.11	10
Current Unearned Revenue	5.21	4.21	4.81	4.39	6.33	2.23
Other Current Liabilities	157.63	185.06	172.77	85.72	89.76	136.27
Total Current Liabilities	717.68	771.43	874.66	474.8	495.17	427.99
Long-Term Debt	105	95	127	316.83	211.14	178.86
Long-Term Leases	1.62	4.68	6.84	0.59	3.45	5.63
Long-Term Unearned Revenue	38.79	40.53	43.97	47	28.2	51.86
Long-Term Deferred Tax Liabilities	3.86	3.52	4.83	8.36	8.76	10
Other Long-Term Liabilities	7.61	-	-	-	0.09	0.25
Total Liabilities	874.56	915.17	1,057	847.59	746.82	674.58

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	212.48	212.48	196.23	190.15	189.3	191.7
Additional Paid-In Capital	1,168	1,168	997.99	937.08	928.65	962.5
Retained Earnings	-257.03	-236.13	-206.38	-292.59	31.71	40.91
Comprehensive Income & Other	-13.35	-13.28	14.84	34.37	40.1	40.33
Total Common Equity	1,110	1,131	1,003	869.01	1,190	1,235
Minority Interest	3.65	3.7	2.78	3.23	2.96	3.85
Shareholders' Equity	1,114	1,135	1,005	872.24	1,193	1,239
Total Liabilities & Equity	1,989	2,050	2,063	1,720	1,940	1,914

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	291.07	327.56	482.65	491.85	379.43	277.04
Net Cash (Debt)	-201.7	-223.35	-340.45	-427.64	-269.24	-95.41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.95	-1.12	-1.63	-2.25	-1.40	-0.47
Filing Date Shares Outstanding	205.53	212.48	196.23	190.15	189.3	191.7
Total Common Shares Outstanding	205.53	212.48	196.23	190.15	189.3	191.7
Working Capital	402.34	384.43	280.21	280.89	305.3	413.1
Book Value Per Share	5.40	5.32	5.11	4.57	6.29	6.44
Tangible Book Value	761.92	776.63	645.07	498.8	563.21	597.14
Tangible Book Value Per Share	3.71	3.66	3.29	2.62	2.98	3.11
Buildings	-	402.44	381.95	208.28	208.28	171.91
Machinery	-	431	417.26	465.85	435.02	429.73
Construction In Progress	-	5.08	-	179.04	86.26	39.99