SHE:002869 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	676.52	670.67	945.39	963.61	969.6	875.29
Short-Term Investments	-	60.01	40	30.06	185.2	-
Trading Asset Securities	471.42	593.99	412.87	539.3	211.99	300.77
Cash & Short-Term Investments	1,148	1,325	1,398	1,533	1,367	1,176
Cash Growth	-1.27%	-5.26%	-8.79%	12.16%	16.22%	-19.70%
Accounts Receivable	378.39	389.87	516.91	399.18	373.4	329.43
Other Receivables	27.97	29.05	7	6.66	13.12	5.88
Receivables	406.36	418.93	523.91	405.84	386.51	335.31
Inventory	172.89	157.18	140.05	122.56	100.81	149.25
Prepaid Expenses	2.73	3.01	-	-	-	-
Other Current Assets	30.03	18.88	5.49	7.94	11.27	36.61
Total Current Assets	1,760	1,923	2,068	2,069	1,865	1,697
Property, Plant & Equipment	229.56	232.57	224.9	247.23	255.65	354.11
Long-Term Investments	246.27	221.63	196.64	193.39	263.18	418.21
Goodwill	18.54	14.97	-	-	-	-
Other Intangible Assets	51.92	31.21	33.79	29.6	30.22	47.75
Long-Term Accounts Receivable	29.7	28.39	28.79	57.58	87.66	48.99
Long-Term Deferred Tax Assets	75.55	73.9	72.78	72.21	62.45	63.73
Long-Term Deferred Charges	5.3	3.84	4.5	7.55	5.12	10.77
Other Long-Term Assets	18.33	12.16	19.87	21.47	23.52	16.8
Total Assets	2,435	2,541	2,649	2,698	2,593	2,658

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	149.55	179.77	256.56	239.7	208.67	131.36
Accrued Expenses	49.88	56.74	50.14	46.68	54.45	52.43
Short-Term Debt	32.74	101.8	2.03	129.8	99.24	-
Current Portion of Leases	8.24	7.78	8.6	7.27	9.39	7.99
Current Income Taxes Payable	-	1.39	-	-	0.65	3.24
Current Unearned Revenue	43.89	46.12	15.91	6.5	10.69	42.46
Other Current Liabilities	55.1	38.98	58.25	75.01	70.13	46.01
Total Current Liabilities	344.44	432.57	391.49	504.95	453.23	283.5
Long-Term Leases	14.83	16.27	8.69	16.01	8.73	17.19
Long-Term Unearned Revenue	8.5	5.98	10.11	10.68	14.27	10
Long-Term Deferred Tax Liabilities	31.23	28.09	20.82	21.28	18.93	36.92
Other Long-Term Liabilities	21.28	17.44	20.14	25.14	34.82	38.81
Total Liabilities	433.05	500.35	451.25	578.06	529.98	386.43

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	176.91	176.91	179.56	179.56	179.56	180.15
Additional Paid-In Capital	637.23	637.23	677.79	672.17	659.49	702.17
Retained Earnings	1,191	1,230	1,394	1,333	1,294	1,189
Treasury Stock	-95.2	-95.2	-146.23	-156.65	-162.2	-8.54
Comprehensive Income & Other	92.44	92.44	92.44	92.44	92.44	208.54
Total Common Equity	2,002	2,041	2,198	2,120	2,063	2,271
Minority Interest	-0.19	-0.29	-	-	-	-
Shareholders' Equity	2,002	2,041	2,198	2,120	2,063	2,271
Total Liabilities & Equity	2,435	2,541	2,649	2,698	2,593	2,658

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	73.61	125.85	19.32	153.08	117.37	25.18
Net Cash (Debt)	1,074	1,199	1,379	1,380	1,249	1,151
Net Cash Growth	-6.00%	-13.06%	-0.07%	10.44%	8.56%	-21.42%
Net Cash Per Share	6.19	6.94	8.05	8.11	7.14	6.45
Filing Date Shares Outstanding	172.91	172.91	173.56	173.56	173.8	180.15
Total Common Shares Outstanding	172.91	172.91	173.56	173.56	173.8	180.15
Working Capital	1,416	1,490	1,676	1,564	1,412	1,414
Book Value Per Share	11.58	11.81	12.66	12.22	11.87	12.61
Tangible Book Value	1,932	1,995	2,164	2,091	2,033	2,223
Tangible Book Value Per Share	11.17	11.54	12.47	12.05	11.70	12.34
Buildings	207.06	207.06	198.3	198.3	198.3	216.69
Machinery	112.17	108.3	105.95	104.84	101.91	103.57
Construction In Progress	4.79	2.37	-	0.09	0.18	57.37