SHE:002849 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	535.71	602.06	598.98	605.36	581.51	335.04
Trading Asset Securities	49.47	10.52	8.65	2.61	-	-
Cash & Short-Term Investments	585.19	612.58	607.63	607.97	581.51	335.04
Cash Growth	10.32%	0.81%	-0.06%	4.55%	73.56%	-14.29%
Accounts Receivable	1,015	964.24	849.58	809.08	755.56	703.42
Other Receivables	34.06	36.68	21.19	15.49	13.01	12.03
Receivables	1,049	1,001	870.78	824.58	768.57	715.45
Inventory	491.29	506.31	370.16	356.7	331.35	264.54
Other Current Assets	63.86	16.07	4.63	4.2	10.07	1.29
Total Current Assets	2,190	2,136	1,853	1,793	1,691	1,316
Property, Plant & Equipment	302.59	311.95	276.61	272.52	287.4	302.86
Long-Term Investments	205.24	188.04	173.75	196.87	102.32	42.98
Goodwill	1.88	1.88	-	-	-	-
Other Intangible Assets	37.08	32.6	30.03	27.57	29.1	30.19
Long-Term Accounts Receivable	102.21	92.67	64.17	48.01	39.81	39.24
Long-Term Deferred Tax Assets	22.64	23.75	24.39	14.57	10.38	10.76
Long-Term Deferred Charges	3.72	4.37	0.57	1	0.75	1.91
Other Long-Term Assets	5.03	2.15	0.66	4.57	0.25	3.01
Total Assets	2,870	2,793	2,423	2,359	2,162	1,747

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	1,098	1,107	825.28	818.31	647.99	693.3
Accrued Expenses	46.49	56.3	49.59	31.26	19.98	18.49
Short-Term Debt	131.56	121.69	38.23	29.56	6.44	32.18
Current Portion of Long-Term Debt	-	-	61.12	5	27.73	43.16
Current Portion of Leases	7.53	6.83	0.96	-	-	-
Current Income Taxes Payable	3.62	3.89	6.47	3.68	3.72	2.67
Current Unearned Revenue	25.18	15.77	6.98	5.91	3.16	3.24
Other Current Liabilities	43.78	27.81	15.48	39.04	43.11	1.6
Total Current Liabilities	1,356	1,339	1,004	932.76	752.13	794.63
Long-Term Debt	-	-	64.1	115.92	124.63	56.78
Long-Term Leases	27.62	29.34	0.49	-	-	-
Long-Term Unearned Revenue	4.64	0.78	0.92	0.49	0.54	0.61
Other Long-Term Liabilities	1.59	-	-	2.36	1.83	2.22
Total Liabilities	1,390	1,369	1,070	1,052	879.13	854.24

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	220.63	220.63	220.63	220.63	157.6	132.36
Additional Paid-In Capital	544.74	544.74	546.41	541.08	603.76	256.83
Retained Earnings	620.1	581.12	535.99	511.18	483.53	430.7
Treasury Stock	-	-	-	-	-	-0.27
Comprehensive Income & Other	4.79	4.86	1.52	0.75	0.04	-
Total Common Equity	1,390	1,351	1,305	1,274	1,245	819.63
Minority Interest	89.88	72.81	49.21	33.4	37.46	73.4
Shareholders' Equity	1,480	1,424	1,354	1,307	1,282	893.02
Total Liabilities & Equity	2,870	2,793	2,423	2,359	2,162	1,747

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	166.7	157.87	164.89	150.48	158.81	132.11
Net Cash (Debt)	418.49	454.71	442.73	457.49	422.7	202.93
Net Cash Growth	42.96%	2.71%	-3.23%	8.23%	108.30%	-19.32%
Net Cash Per Share	1.86	2.02	1.97	2.02	2.13	1.09
Filing Date Shares Outstanding	220.63	220.63	220.63	220.63	220.63	185.3
Total Common Shares Outstanding	220.63	220.63	220.63	220.63	220.63	185.3
Working Capital	833.59	796.87	849.1	860.69	939.36	521.69
Book Value Per Share	6.30	6.12	5.91	5.77	5.64	4.42
Tangible Book Value	1,351	1,317	1,275	1,246	1,216	789.44
Tangible Book Value Per Share	6.12	5.97	5.78	5.65	5.51	4.26
Buildings	304.62	302.23	300.76	297.82	297.82	305.41
Machinery	126.34	123.22	89.74	72.31	67.23	60.4
Construction In Progress	1.31	1.24	2.21	2.93	2.22	-