SHE:002866 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	401.8	444.14	456.75	589.52	286.92	445.74
Short-Term Investments	-	-	66.3	242.92	255.76	538.16
Trading Asset Securities	382.02	321	209.6	32.83	284.23	300.61
Cash & Short-Term Investments	783.82	765.14	732.66	865.27	826.91	1,285
Cash Growth	-5.79%	4.43%	-15.33%	4.64%	-35.62%	37.98%
Accounts Receivable	710.7	745.83	724.23	640.18	597.77	647.35
Other Receivables	4.37	2.52	1.63	1.49	4.54	3.07
Receivables	715.07	748.36	725.86	641.68	602.31	650.42
Inventory	372.01	388.23	443.12	445.95	301.12	379.3
Other Current Assets	110.4	106.45	94.01	49.15	347.39	29.87
Total Current Assets	1,981	2,008	1,996	2,002	2,078	2,344
Property, Plant & Equipment	1,500	1,538	1,647	2,018	1,122	836.5
Long-Term Investments	21.49	20.29	20.29	30.54	30.19	-
Goodwill	-	-	-	6	51.08	55.75
Other Intangible Assets	90.91	95.78	99.24	101.31	101	88.61
Long-Term Deferred Tax Assets	191.29	174.61	145	71.64	33.99	29.34
Long-Term Deferred Charges	4.58	2.25	4.12	7.28	11.13	13.61
Other Long-Term Assets	6.9	9.78	16.04	10.09	152.97	11.09
Total Assets	3,796	3,848	3,928	4,247	3,580	3,379

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	553.19	612.83	672.13	976.51	463.14	547.94
Accrued Expenses	35.47	156.26	142.54	108.02	105.66	83.41
Short-Term Debt	763.74	633.41	630.7	772.74	840.92	737.15
Current Portion of Long-Term Debt	77.41	143.86	119.42	70.05	29.02	-
Current Portion of Leases	-	1.74	2.89	2.74	2.62	3.25
Current Income Taxes Payable	8.62	7.26	11.5	12.31	0.85	8.24
Current Unearned Revenue	2.02	6.8	1.14	0.9	1.96	0.99
Other Current Liabilities	107.75	9.91	8.46	5.32	27.34	10.43
Total Current Liabilities	1,548	1,572	1,589	1,949	1,472	1,391
Long-Term Debt	181.9	203.49	315	139.13	-	-
Long-Term Leases	5.93	7.26	1.42	4.31	7.05	10.39
Long-Term Unearned Revenue	70.94	73.13	76.41	79.08	47.05	47.4
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1.5
Total Liabilities	1,807	1,856	1,982	2,171	1,526	1,451

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	289.52	289.52	289.52	289.52	289.52	287.66
Additional Paid-In Capital	1,036	1,036	1,036	1,036	1,037	1,017
Retained Earnings	772.32	768.13	682.29	760.11	729.95	631.63
Treasury Stock	-	-	-	-	-	-7.94
Comprehensive Income & Other	-0.69	-0.07	-	-	-	-
Total Common Equity	2,098	2,094	2,008	2,086	2,056	1,928
Minority Interest	-108.31	-101.49	-62.08	-10.06	-1.17	-
Shareholders' Equity	1,989	1,993	1,946	2,076	2,055	1,928
Total Liabilities & Equity	3,796	3,848	3,928	4,247	3,580	3,379

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	1,029	989.75	1,069	988.97	879.61	750.8
Net Cash (Debt)	-245.17	-224.61	-336.77	-123.69	-52.7	533.72
Net Cash Growth	-	-	-	-	-	-5.33%
Net Cash Per Share	-0.82	-0.78	-1.15	-0.41	-0.18	1.85
Filing Date Shares Outstanding	309.96	289.52	289.52	289.52	289.52	287.66
Total Common Shares Outstanding	309.96	289.52	289.52	289.52	289.52	287.66
Working Capital	433.09	436.12	406.86	53.47	606.23	952.69
Book Value Per Share	6.77	7.23	6.94	7.21	7.10	6.70
Tangible Book Value	2,007	1,998	1,909	1,979	1,904	1,784
Tangible Book Value Per Share	6.47	6.90	6.59	6.83	6.58	6.20
Buildings	-	940.32	940.49	939.63	433.73	333.13
Machinery	-	1,124	1,116	1,122	549.78	515.05
Construction In Progress	-	102.83	98.15	300.69	383.1	161.59