SHE:002876 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	517.04	455.85	336.17	344.19	435.05	545.03
Trading Asset Securities	8.55	14.02	-	-	361.66	400.97
Cash & Short-Term Investments	525.59	469.87	336.17	344.19	796.72	946
Cash Growth	6.69%	39.77%	-2.33%	-56.80%	-15.78%	20.34%
Accounts Receivable	1,279	999.99	837.35	648.37	626.88	781.94
Other Receivables	7.94	7.17	8.34	8	4.23	163.61
Receivables	1,287	1,007	845.68	656.37	631.1	945.56
Inventory	1,086	837.78	777.9	579.45	587.68	496.7
Prepaid Expenses	-	-	-	1.02	-	-
Other Current Assets	308.67	320.12	325.61	245.32	156.09	52.3
Total Current Assets	3,207	2,635	2,285	1,826	2,172	2,441
Property, Plant & Equipment	2,802	2,877	2,707	2,032	1,444	1,319
Long-Term Investments	348.5	340.79	57.51	1.3	-	-
Goodwill	8.12	8.12	8.12	8.12	8.12	8.12
Other Intangible Assets	78.94	80.36	81.03	85.76	61.62	64.21
Long-Term Deferred Tax Assets	67.21	63.63	50.77	34.92	16.35	17.08
Long-Term Deferred Charges	26.45	24.49	24.65	24.41	22.38	10.14
Other Long-Term Assets	24.28	13.08	41.79	74.57	68.35	9.28
Total Assets	6,563	6,042	5,256	4,088	3,793	3,868

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	888.36	612.11	554.37	375.91	318.59	353.03
Accrued Expenses	45.93	84.7	79.55	49.17	67.99	125.28
Short-Term Debt	1,966	1,784	1,366	1,064	768.26	922.27
Current Portion of Long-Term Debt	168.12	292.37	79.35	39.6	90.1	50.08
Current Portion of Leases	-	6.95	17.45	28.72	9.35	8.14
Current Income Taxes Payable	11.96	1.69	0.07	0	2.74	7.21
Current Unearned Revenue	33.7	24.7	9.15	4.88	13	6.57
Other Current Liabilities	29.51	6.91	3.23	2.64	2.32	2.15
Total Current Liabilities	3,144	2,814	2,110	1,565	1,272	1,475
Long-Term Debt	530.43	394.01	347	85	86.1	126.26
Long-Term Leases	1.43	2.27	4.99	20.5	11.32	16.19
Long-Term Unearned Revenue	62.61	67.14	65.49	73.89	85.46	94.72
Long-Term Deferred Tax Liabilities	-	-	-	-	2.65	2.98
Other Long-Term Liabilities	388.14	381.34	368.08	-	-	-
Total Liabilities	4,126	3,659	2,895	1,744	1,458	1,715

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	173.88	173.88	173.88	173.88	173.88	173.88
Additional Paid-In Capital	1,067	1,065	1,064	1,089	1,089	1,135
Retained Earnings	1,207	1,156	1,135	1,071	1,063	907.96
Treasury Stock	-11	-11	-11	-	-	-99.24
Total Common Equity	2,437	2,384	2,361	2,334	2,326	2,118
Minority Interest	-0.53	-0.49	-0.21	9.2	9.01	35.71
Shareholders' Equity	2,436	2,384	2,361	2,343	2,335	2,153
Total Liabilities & Equity	6,563	6,042	5,256	4,088	3,793	3,868

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	2,666	2,480	1,815	1,238	965.14	1,123
Net Cash (Debt)	-2,140	-2,010	-1,479	-893.61	-168.42	-176.93
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-12.22	-11.59	-8.47	-5.22	-0.97	-1.02
Filing Date Shares Outstanding	175.99	173.51	173.51	173.88	173.88	171.8
Total Common Shares Outstanding	175.99	173.51	173.51	173.88	173.88	171.8
Working Capital	63.28	-178.86	175.74	261.46	899.25	965.83
Book Value Per Share	13.85	13.74	13.61	13.42	13.38	12.33
Tangible Book Value	2,350	2,296	2,272	2,240	2,256	2,045
Tangible Book Value Per Share	13.35	13.23	13.10	12.88	12.98	11.90
Buildings	-	1,083	889.09	499.86	493.56	467.98
Machinery	-	2,143	1,427	1,106	987.3	847.13
Construction In Progress	-	446.3	984.6	867.26	313.47	252.34