SHE:002842 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	461.17	435.43	135.55	114.55	150.88	243.71
Trading Asset Securities	-	-	-	-	-	0.5
Cash & Short-Term Investments	461.17	435.43	135.55	114.55	150.88	244.22
Cash Growth	280.90%	221.25%	18.33%	-24.08%	-38.22%	5.08%
Accounts Receivable	412.02	207.96	375.27	369.2	387.08	317.8
Other Receivables	7.8	1.21	0.02	3.06	8.77	8.01
Receivables	420.16	209.29	375.53	372.49	395.84	325.8
Inventory	2,708	1,209	717.69	710.24	737.21	767.7
Prepaid Expenses	0.06	0.06	0.01	0.32	0.55	0.88
Other Current Assets	168.6	150.86	43.14	31.85	4.35	91.93
Total Current Assets	3,758	2,004	1,272	1,229	1,289	1,431
Property, Plant & Equipment	637.86	643.83	633.92	708.02	745.82	777.53
Long-Term Investments	2	11.08	13.76	13.76	13.76	13.76
Goodwill	3.6	3.6	3.6	3.6	28.81	46.9
Other Intangible Assets	94.65	96.33	100.02	110.03	113.24	116
Long-Term Deferred Tax Assets	27.88	6.12	20.03	10.97	8.74	10
Long-Term Deferred Charges	7.04	8.03	11.13	13.13	14.14	18.18
Other Long-Term Assets	28.27	31.89	7.3	26.05	13.07	12.37
Total Assets	4,559	2,805	2,062	2,115	2,226	2,425

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	994.27	469.4	327.8	297.03	319.84	446.46
Accrued Expenses	5.55	7.55	6.14	6.06	11.52	5.54
Short-Term Debt	1,183	595.49	529.04	475.71	399.05	386.29
Current Portion of Long-Term Debt	48.97	86.19	29.66	82.39	102.08	39.8
Current Portion of Leases	228.36	-	-	-	0.2	0.69
Current Income Taxes Payable	89.14	8.59	1.27	-	0.02	1.57
Current Unearned Revenue	114.33	183.16	3.55	4.85	1.02	6.3
Other Current Liabilities	15.62	23.28	1.66	8.33	15.48	26.85
Total Current Liabilities	2,679	1,374	899.12	874.37	849.21	913.5
Long-Term Debt	190.63	160.71	385.6	405.84	407.49	492.4
Long-Term Leases	34.08	-	-	-	0.34	-
Long-Term Unearned Revenue	7	8.55	12.3	11.01	12.22	6.71
Long-Term Deferred Tax Liabilities	0.09	0.09	0.1	0.1	0.65	0.36
Other Long-Term Liabilities	-	55.01	-	-	-	-
Total Liabilities	2,911	1,598	1,297	1,291	1,270	1,413

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	327.17	327.17	278.62	276.24	277.68	277.67
Additional Paid-In Capital	548.91	548.91	240.82	221.99	230.07	222.34
Retained Earnings	730.09	296.1	152.39	241.9	371.02	439.88
Treasury Stock	-	-	-	-7.41	-15.05	-25.17
Comprehensive Income & Other	42.16	34.88	92.74	90.95	92.8	97.6
Total Common Equity	1,648	1,207	764.57	823.68	956.51	1,012
Shareholders' Equity	1,648	1,207	764.57	823.68	956.51	1,012
Total Liabilities & Equity	4,559	2,805	2,062	2,115	2,226	2,425

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	1,685	842.39	944.31	963.94	909.16	919.18
Net Cash (Debt)	-1,223	-406.96	-808.76	-849.4	-758.28	-674.96
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.79	-1.30	-2.89	-3.09	-2.76	-2.45
Filing Date Shares Outstanding	327.17	327.17	278.62	276.24	277.68	277.67
Total Common Shares Outstanding	327.17	327.17	278.62	276.24	277.68	277.67
Working Capital	1,079	630.56	372.8	355.07	439.63	517.04
Book Value Per Share	5.04	3.69	2.74	2.98	3.44	3.65
Tangible Book Value	1,550	1,107	660.96	710.05	814.45	849.42
Tangible Book Value Per Share	4.74	3.38	2.37	2.57	2.93	3.06
Buildings	405.02	405.02	405.82	412.06	408.55	373.26
Machinery	601	582.89	584.35	627.9	611.07	586.86
Construction In Progress	76.97	76.6	11.75	22.1	16.33	55.41