SHE:002811 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	430.56	477.99	559.89	585.62	467.75	514.58
Short-Term Investments	332.9	469.68	537.61	483.85	317.21	165.46
Trading Asset Securities	241.33	80.6	80.51	1	-	40
Cash & Short-Term Investments	1,005	1,028	1,178	1,070	784.97	720.04
Cash Growth	0.94%	-12.71%	10.05%	36.37%	9.02%	-7.28%
Accounts Receivable	635.88	609.95	680.02	840.93	1,136	1,505
Other Receivables	29.75	23.64	18	13.2	19.23	25.61
Receivables	665.63	633.59	698.01	854.13	1,155	1,530
Inventory	249.61	245.15	100.73	63.18	60.69	70.65
Prepaid Expenses	-	-	-	-	3.2	2.94
Other Current Assets	37.43	27.92	32.63	26.94	21.08	32.43
Total Current Assets	1,957	1,935	2,009	2,015	2,025	2,356
Property, Plant & Equipment	412.31	404.5	303.91	302.08	327.22	346.2
Long-Term Investments	107.12	104	-	-	-	1.19
Other Intangible Assets	25.69	26.67	28.27	29.34	25.78	23.9
Long-Term Deferred Tax Assets	132.55	126.33	134.24	143.94	140.89	111.85
Long-Term Deferred Charges	63.29	61.75	22.07	28.74	40.59	27.57
Other Long-Term Assets	43.55	44.26	57.84	81.4	88.48	126.69
Total Assets	2,742	2,702	2,556	2,600	2,648	2,994

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	343.6	383.62	420.74	493.89	531.16	581.29
Accrued Expenses	113.89	180.29	141.84	127.3	116.57	102.46
Short-Term Debt	77.64	81.72	20.73	11.73	-	43.82
Current Portion of Long-Term Debt	2.39	2.45	462.67	2.27	2.2	5.44
Current Portion of Leases	33.97	25.42	20.62	17.1	15.22	14.05
Current Income Taxes Payable	26.1	9.72	3.02	2.17	7.01	19.71
Current Unearned Revenue	417.42	380.41	214.64	171.62	139.34	103.84
Other Current Liabilities	108.97	106.05	100.07	105.18	127.24	155.54
Total Current Liabilities	1,124	1,170	1,384	931.25	938.74	1,026
Long-Term Debt	4.25	5.67	8.33	454.16	429.44	417.25
Long-Term Leases	114.21	104.81	40.32	39.77	53.87	52.41
Long-Term Unearned Revenue	-	-	-	0.48	0.95	2.18
Long-Term Deferred Tax Liabilities	0.15	0.01	-	-	-	-
Other Long-Term Liabilities	1.79	1.79	4.73	8.76	15.22	0.34
Total Liabilities	1,244	1,282	1,438	1,434	1,438	1,498

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	307.97	307.97	273.68	272.04	272.04	270.02
Additional Paid-In Capital	945.03	945.03	561.74	549.18	548.84	532.42
Retained Earnings	288.43	210.73	191.79	201.98	250.44	561.28
Treasury Stock	-50.01	-50.01	-50.01	-	-	-
Comprehensive Income & Other	6.19	6.75	140.82	142.59	138.76	131.61
Total Common Equity	1,498	1,420	1,118	1,166	1,210	1,495
Shareholders' Equity	1,498	1,420	1,118	1,166	1,210	1,495
Total Liabilities & Equity	2,742	2,702	2,556	2,600	2,648	2,994

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	232.45	220.07	552.66	525.02	500.72	532.96
Net Cash (Debt)	772.34	808.2	625.35	545.45	284.24	187.08
Net Cash Growth	-6.86%	29.24%	14.65%	91.89%	51.94%	-0.27%
Net Cash Per Share	2.64	2.78	2.36	2.03	1.06	0.74
Filing Date Shares Outstanding	299.92	299.92	265.63	272.04	272.04	270.02
Total Common Shares Outstanding	299.92	299.92	265.63	272.04	272.04	270.02
Working Capital	833.49	765.24	625.07	1,083	1,087	1,330
Book Value Per Share	4.99	4.74	4.21	4.29	4.45	5.54
Tangible Book Value	1,472	1,394	1,090	1,136	1,184	1,471
Tangible Book Value Per Share	4.91	4.65	4.10	4.18	4.35	5.45
Buildings	291.02	291.16	294.24	294.78	300.15	299.84
Machinery	87.98	81.25	68.83	54.8	53.17	50.96
Construction In Progress	4.39	6.96	-	-	-	5.68