SHE:002858 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	531.7	218.6	258.37	180.18	183.39	256.97
Trading Asset Securities	53.12	41.18	19.22	78.49	97.39	188.76
Cash & Short-Term Investments	584.82	259.79	277.58	258.67	280.78	445.73
Cash Growth	96.61%	-6.41%	7.31%	-7.87%	-37.01%	295.93%
Accounts Receivable	105.24	87.93	105.42	120.15	86.62	75.86
Other Receivables	17.92	13.53	12.97	13.66	11.91	17.07
Receivables	123.16	101.46	118.39	133.81	98.52	92.93
Inventory	31.21	37.01	38.86	49.48	61.87	51.17
Prepaid Expenses	-	3.31	3	2.81	-	-
Other Current Assets	43.05	13.46	14.89	20.78	17.94	21.37
Total Current Assets	782.24	415.03	452.72	465.56	459.11	611.2
Property, Plant & Equipment	206.86	199.69	136.05	119.72	153.51	151.66
Long-Term Investments	65.84	73.67	67.61	89.8	228.06	188.79
Goodwill	118.91	118.91	118.91	134.53	134.53	137.82
Other Intangible Assets	168.36	171.5	177.71	177.25	16.91	17.06
Long-Term Deferred Tax Assets	8	7.95	4.09	7.04	9.15	7.62
Long-Term Deferred Charges	11.42	19.72	29.91	28.57	28.58	21.56
Other Long-Term Assets	4.05	4.33	6.21	4.91	0.4	0.07
Total Assets	1,366	1,011	993.22	1,027	1,030	1,136

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	36.77	71.69	54.81	45.96	53.42	35.31
Accrued Expenses	2.59	6.92	18.12	7.27	43.98	6.77
Short-Term Debt	116.99	114.51	192.44	208.7	95.7	53.91
Current Portion of Long-Term Debt	3.57	0.02	-	-	-	-
Current Portion of Leases	-	6.17	8.16	4.6	10.29	8.98
Current Income Taxes Payable	4.49	1.65	0.5	0.55	0.14	1.99
Current Unearned Revenue	43.72	21.28	17	17.77	22.74	6.46
Other Current Liabilities	75.32	18.08	11.8	40.92	13.14	186.01
Total Current Liabilities	283.44	240.31	302.85	325.77	239.41	299.43
Long-Term Debt	19.97	19.98	-	-	-	-
Long-Term Leases	57.91	46.64	15.47	8.96	23.25	19.71
Long-Term Unearned Revenue	0.06	0.1	0.17	0.12	0.08	0.11
Long-Term Deferred Tax Liabilities	-	-	-	0.12	0.1	0.94
Total Liabilities	361.38	307.03	318.48	334.96	262.84	320.18

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	186.68	163.92	163.92	163.92	159.94	159.93
Additional Paid-In Capital	825.47	525.76	528.67	529.27	481.42	462.81
Retained Earnings	-136.59	-152.61	-145.96	-107.1	85.81	162
Treasury Stock	-23.95	-23.86	-20.01	-	-50.03	-50.03
Comprehensive Income & Other	-0.33	4.05	-2.16	0.28	-2.83	-3.73
Total Common Equity	851.27	517.27	524.45	586.37	674.31	730.98
Minority Interest	153.04	186.49	150.29	106.05	93.11	84.62
Shareholders' Equity	1,004	703.76	674.74	692.42	767.42	815.59
Total Liabilities & Equity	1,366	1,011	993.22	1,027	1,030	1,136

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	198.44	187.32	216.07	222.25	129.24	82.6
Net Cash (Debt)	386.38	72.47	61.51	36.42	151.54	363.13
Net Cash Growth	804.03%	17.82%	68.89%	-75.97%	-58.27%	398.96%
Net Cash Per Share	2.33	0.45	0.38	0.23	0.97	2.71
Filing Date Shares Outstanding	177.2	162.1	163.92	163.92	155.52	155.51
Total Common Shares Outstanding	177.2	162.1	163.92	163.92	155.52	155.51
Working Capital	498.8	174.72	149.87	139.79	219.7	311.77
Book Value Per Share	4.80	3.19	3.20	3.58	4.34	4.70
Tangible Book Value	564	226.86	227.83	274.59	522.86	576.1
Tangible Book Value Per Share	3.18	1.40	1.39	1.68	3.36	3.70
Buildings	-	126.01	126.35	126.35	124.6	124.6
Machinery	-	90.15	89.48	103.46	106.37	94.39
Construction In Progress	-	57.77	13.59	2.56	0.25	3.2