SHE:002821 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	5,523	6,321	5,789	7,110	5,290	6,234
Short-Term Investments	31.67	213.77	254.12	-	-	-
Trading Asset Securities	1,052	1,117	1,540	1,906	2,151	401.2
Cash & Short-Term Investments	6,606	7,651	7,583	9,016	7,441	6,636
Cash Growth	-16.31%	0.90%	-15.89%	21.17%	12.13%	212.32%
Accounts Receivable	1,967	2,061	1,939	2,092	2,515	1,817
Other Receivables	199.91	155.24	204.36	170.87	17.87	4.17
Receivables	2,167	2,216	2,143	2,263	2,533	1,821
Inventory	1,910	1,471	1,193	945.35	1,510	1,396
Prepaid Expenses	0	0.2	-	-	-	-
Other Current Assets	170.92	168.06	130.25	128.26	376.4	457.51
Total Current Assets	10,854	11,506	11,050	12,352	11,860	10,310
Property, Plant & Equipment	7,008	6,596	6,138	5,358	5,370	3,700
Long-Term Investments	1,405	808.3	902.14	867.19	390.33	395.61
Goodwill	146.18	146.18	146.18	146.18	146.18	146.18
Other Intangible Assets	468.87	421.8	430.17	465.61	57.68	62.96
Long-Term Deferred Tax Assets	290.56	275.62	248.35	213.21	177.86	186.93
Long-Term Deferred Charges	108.15	118.43	99.1	122.39	-	-
Other Long-Term Assets	551.72	404.69	274.62	242.4	237.12	354.71
Total Assets	20,832	20,277	19,289	19,767	18,239	15,156

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	675.84	589.04	450.85	453.62	569.99	551.87
Accrued Expenses	312.22	428.3	381.57	339.85	398.73	213.49
Short-Term Debt	39.89	-	-	12.23	-	375.39
Current Portion of Leases	55.08	52.71	42.23	28.53	28.49	13.22
Current Income Taxes Payable	50.36	69.47	50.18	31.24	67.42	63.19
Current Unearned Revenue	388.1	251.47	269.94	221.2	277.33	131.05
Other Current Liabilities	856.94	577.49	514.59	714.13	835.14	856.6
Total Current Liabilities	2,378	1,968	1,709	1,801	2,177	2,205
Long-Term Leases	251.64	256.47	282.53	106.49	109.86	45.88
Long-Term Unearned Revenue	326.28	294.73	298.62	232.6	168.12	179.05
Long-Term Deferred Tax Liabilities	129.58	111.6	134.7	117.29	89.2	116.55
Other Long-Term Liabilities	0.03	0.03	0.79	-	-	-
Total Liabilities	3,086	2,631	2,426	2,257	2,544	2,546

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	360.78	360.56	367.72	369.47	369.92	263.04
Additional Paid-In Capital	9,092	9,067	9,396	9,612	-	-
Retained Earnings	9,078	9,025	8,287	7,969	6,364	3,274
Treasury Stock	-801.04	-838.45	-1,233	-494.01	-1,247	-
Comprehensive Income & Other	10.96	21.54	27.18	22.88	10,160	9,073
Total Common Equity	17,740	17,635	16,845	17,480	15,647	12,610
Minority Interest	6.05	11.04	17.19	30.26	47.58	-
Shareholders' Equity	17,746	17,646	16,863	17,510	15,695	12,610
Total Liabilities & Equity	20,832	20,277	19,289	19,767	18,239	15,156

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	346.61	309.18	324.75	147.25	138.35	434.49
Net Cash (Debt)	6,260	7,342	7,259	8,869	7,302	6,201
Net Cash Growth	-17.23%	1.15%	-18.15%	21.45%	17.76%	197.31%
Net Cash Per Share	17.68	20.49	20.58	24.47	19.91	18.17
Filing Date Shares Outstanding	355.59	359.72	350.89	362.78	369.37	368.31
Total Common Shares Outstanding	355.59	359.72	350.89	362.78	369.37	368.31
Working Capital	8,475	9,538	9,341	10,551	9,683	8,106
Book Value Per Share	49.89	49.02	48.01	48.18	42.36	34.24
Tangible Book Value	17,125	17,067	16,269	16,868	15,444	12,401
Tangible Book Value Per Share	48.16	47.45	46.36	46.50	41.81	33.67
Buildings	2,992	2,676	2,464	2,060	1,583	1,148
Machinery	4,314	4,099	3,380	3,318	3,165	1,959
Construction In Progress	1,972	1,827	1,867	1,331	1,072	1,047
Leasehold Improvements	-	-	-	-	155.31	48.18
Order Backlog	-	1,385	-	-	-	-