SHE:002824 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	Dec '21 Dec 31, 2021
Cash & Equivalents	351.19	497.9	307.93	250.81	207.17	129.26
Trading Asset Securities	635.72	276.56	0	0.16	38.52	-
Cash & Short-Term Investments	986.91	774.46	307.93	250.97	245.7	129.26
Cash Growth	98.55%	151.50%	22.70%	2.15%	90.07%	13.79%
Accounts Receivable	2,040	2,001	1,446	1,494	1,255	912.03
Other Receivables	8.95	6.81	5.22	7.46	6.94	3.5
Receivables	2,049	2,008	1,451	1,501	1,262	915.53
Inventory	860.41	652.2	550.32	459.04	448.41	329.9
Other Current Assets	28.77	35.92	37.69	40.15	12.7	22.77
Total Current Assets	3,925	3,470	2,347	2,251	1,969	1,397
Property, Plant & Equipment	1,583	1,559	1,394	1,145	842.39	742.47
Long-Term Investments	-	-	-	-	-	11.26
Goodwill	7.31	7.31	7.31	7.31	7.31	7.31
Other Intangible Assets	200.49	168.26	174.75	180.66	179.05	81.74
Long-Term Accounts Receivable	3.43	2.55	2.75	4.03	1.83	1.43
Long-Term Deferred Tax Assets	25.32	20.82	22	8.75	10.42	12.61
Long-Term Deferred Charges	42.99	38.17	30.71	23.56	21.21	7.72
Other Long-Term Assets	39.64	5.99	21.37	9.95	9.74	9.79
Total Assets	5,827	5,272	4,000	3,631	3,041	2,272

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	Dec '21 Dec 31, 2021
Accounts Payable	2,031	1,473	911.84	675.86	652.92	476.81
Accrued Expenses	93.23	87.32	57.41	87.08	82.26	92.29
Short-Term Debt	56.23	139.97	156.06	533.94	147.95	264.06
Current Portion of Long-Term Debt	424.87	215.16	201.5	62.49	29.3	23.52
Current Portion of Leases	25.89	19.59	29.09	27.07	13.02	12.55
Current Income Taxes Payable	1.04	0.06	0.23	0.41	3.87	3.25
Current Unearned Revenue	6.11	4.26	2.58	3.6	3.8	1.76
Other Current Liabilities	98.36	104.42	76.41	63.44	101.93	67.4
Total Current Liabilities	2,737	2,044	1,435	1,454	1,035	941.65
Long-Term Debt	537.98	723.03	666.79	298.7	263.15	74.15
Long-Term Leases	99.92	92.61	123.34	131.36	93.85	79.5
Long-Term Unearned Revenue	60.38	61.4	26.14	25.4	17.99	5.58
Long-Term Deferred Tax Liabilities	2.75	2.81	2.88	2.98	9.67	10.69
Total Liabilities	3,438	2,924	2,254	1,912	1,420	1,112

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	Dec '21 Dec 31, 2021
Common Stock	311.18	311.18	279.11	279.94	199.73	184.74
Additional Paid-In Capital	1,110	1,104	626.73	638.78	705.41	405.33
Retained Earnings	940.34	904.97	797.51	770.2	691.01	523.72
Treasury Stock	-13.81	-13.81	-	-12.88	-25.57	-25.18
Comprehensive Income & Other	-0.27	0.08	0.1	0.24	0.23	0.01
Total Common Equity	2,348	2,307	1,703	1,676	1,571	1,089
Minority Interest	41.45	41.86	42.09	42.5	50.63	71.6
Shareholders' Equity	2,389	2,348	1,746	1,719	1,621	1,160
Total Liabilities & Equity	5,827	5,272	4,000	3,631	3,041	2,272

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	Dec '21 Dec 31, 2021
Total Debt	1,145	1,190	1,177	1,054	547.28	453.78
Net Cash (Debt)	-157.98	-415.9	-868.83	-802.59	-301.59	-324.52
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.50	-1.42	-3.13	-2.89	-1.11	-1.26
Filing Date Shares Outstanding	311.18	311.18	279.11	279.94	279.66	184.74
Total Common Shares Outstanding	311.18	311.18	279.11	279.94	279.66	258.68
Working Capital	1,188	1,426	911.67	797.52	934.14	455.81
Book Value Per Share	7.54	7.41	6.10	5.99	5.62	4.21
Tangible Book Value	2,140	2,131	1,521	1,488	1,384	999.56
Tangible Book Value Per Share	6.88	6.85	5.45	5.32	4.95	3.86
Buildings	753.91	701.85	439.8	323.59	293.01	289.79
Machinery	1,245	1,182	1,054	866.56	753.85	610.16
Construction In Progress	152.3	197.49	280.22	244.75	72.59	79.87