SHE:002827 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

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	479.67	648.78	534.36	738.8	423.68	190.78
Short-Term Investments	-	25.27	53.49	-	-	-
Cash & Short-Term Investments	479.67	674.05	587.85	738.8	423.68	190.78
Cash Growth	-30.01%	14.66%	-20.43%	74.38%	122.07%	1.72%
Accounts Receivable	1,222	1,238	1,085	882.13	679.34	447.17
Other Receivables	39.33	19.9	20.99	24.11	18.37	19.56
Receivables	1,261	1,258	1,106	906.24	697.71	466.74
Inventory	88.78	127.16	90.54	92.97	87.8	52.3
Prepaid Expenses	-	14.32	3.5	1.42	1.61	0.15
Other Current Assets	46.74	4.39	10.08	16.65	17.25	14.11
Total Current Assets	1,877	2,078	1,798	1,756	1,228	724.08
Property, Plant & Equipment	629.73	642.48	620.58	669.66	687.47	684.23
Long-Term Investments	15.29	14.76	10.94	32.05	17.17	17.15
Goodwill	14.02	14.02	14.02	47.6	63	59.12
Other Intangible Assets	567.67	86.02	90.18	88.19	93.96	75.06
Long-Term Deferred Tax Assets	25.55	25.59	19.98	18.76	14.74	10.86
Long-Term Deferred Charges	14	15.03	14.13	13.44	8.05	8.1
Other Long-Term Assets	5.36	4.43	3.74	1.77	7.48	28.87
Total Assets	3,148	2,880	2,571	2,628	2,120	1,607
Accounts Payable	255.59	283.72	169.81	247.91	215.76	192.77
Accrued Expenses	63.19	98.7	95.03	111.08	75.73	57.72
Short-Term Debt	165.22	189.78	165.6	249.9	170.48	113.8
Current Portion of Long-Term Debt	301.13	488.16	416.48	124.71	96.24	97.14
Current Portion of Leases	-	5.76	3.09	5.85	7.79	2.51
Current Income Taxes Payable	16.07	6.86	7.95	8.89	1.81	4.89
Current Unearned Revenue	9.76	9.32	4.89	9.63	8.57	9.37
Other Current Liabilities	74.9	62.37	75.96	65.05	73.39	33.55
Total Current Liabilities	885.87	1,145	938.81	823.03	649.79	511.75
Long-Term Debt	722.96	363.84	424.41	712.34	423.97	127.91
Long-Term Leases	8.77	4.39	1.37	1.5	7.71	2.9
Long-Term Unearned Revenue	1.7	1.83	2.41	2.61	3.15	3.7
Long-Term Deferred Tax Liabilities	7.04	7.19	5.3	7	9.08	5.3
Other Long-Term Liabilities	-	3.41	12.6	21.88	29.41	29.75
Total Liabilities	1,626	1,525	1,385	1,568	1,123	681.3
Common Stock	277.05	277.05	276	276	276	276
Additional Paid-In Capital	302.35	299.64	282.95	282.95	282.95	277.7
Retained Earnings	488.8	495.14	357.92	251.15	194.79	182.76
Treasury Stock	-15.04	-15.04	-	-	-	-
Comprehensive Income & Other	12.91	10.14	9.1	9.97	18.11	29.46
Total Common Equity	1,066	1,067	925.97	820.08	771.85	765.93
Minority Interest	455.72	288.21	260.36	239.11	224.96	160.24
Shareholders' Equity	1,522	1,355	1,186	1,059	996.81	926.17
Total Liabilities & Equity	3,148	2,880	2,571	2,628	2,120	1,607
Total Debt	1,198	1,052	1,011	1,094	706.2	344.26
Net Cash (Debt)	-718.42	-377.89	-423.1	-355.5	-282.52	-153.47
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.61	-1.37	-1.54	-1.27	-1.00	-0.55
Filing Date Shares Outstanding	275.78	277.05	276	276	276	276
Total Common Shares Outstanding	275.78	277.05	276	276	276	276
Working Capital	990.64	933.48	858.84	933.06	578.26	212.33
Book Value Per Share	3.87	3.85	3.35	2.97	2.80	2.78
Tangible Book Value	484.38	966.88	821.76	684.29	614.89	631.75
Tangible Book Value Per Share	1.76	3.49	2.98	2.48	2.23	2.29
Buildings	-	550.38	551.85	525.7	517.15	525.35
Machinery	-	502.78	445.15	430.48	409.85	367.72
Construction In Progress	-	28.64	14.1	43.29	23.4	6.03