SHE:002878 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	419.55	465.6	612.43	1,027	465.42	433.92
Short-Term Investments	-	-	-	-	-	18
Trading Asset Securities	150	120	-	-	-	-
Cash & Short-Term Investments	569.55	585.6	612.43	1,027	465.42	451.92
Cash Growth	55.24%	-4.38%	-40.36%	120.63%	2.99%	14.11%
Accounts Receivable	578.83	782.37	751.76	796.44	705.85	699.55
Other Receivables	27.63	6.1	15.34	3.72	4.94	13.71
Receivables	606.45	788.46	767.1	800.16	710.79	713.26
Inventory	222.01	298.77	281.59	252.56	172.86	176.93
Other Current Assets	181.73	210.6	216.53	234.06	146.05	153.92
Total Current Assets	1,580	1,883	1,878	2,314	1,495	1,496
Property, Plant & Equipment	346.45	355.72	330.19	43.92	58.63	45.48
Long-Term Investments	28.74	28.74	22.58	26.64	24.98	16.45
Goodwill	-	-	-	170.67	170.67	170.67
Other Intangible Assets	25.05	25.73	13.6	16.57	15.42	13.05
Long-Term Deferred Tax Assets	46.67	48.56	41.7	13.26	5.24	2.18
Long-Term Deferred Charges	15.39	15.55	15.94	4.78	4.49	2.62
Other Long-Term Assets	18.05	18.33	22.93	61.09	21.06	16.94
Total Assets	2,060	2,376	2,325	2,651	1,796	1,763

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	170.87	310.47	322.34	304.77	222.13	355.22
Accrued Expenses	63.89	128.54	112.02	128.92	131.66	123.19
Short-Term Debt	374.74	493.06	444.39	529.81	284.13	251.05
Current Portion of Long-Term Debt	18.26	6.02	6.02	-	-	-
Current Portion of Leases	-	10.21	13.05	15.54	22.66	14.96
Current Income Taxes Payable	39.69	0.2	0.27	3.1	6.87	10.96
Current Unearned Revenue	36.29	60.55	66.19	61.65	43.7	51.43
Other Current Liabilities	17.61	16.42	20.11	19.63	24.57	7.05
Total Current Liabilities	721.35	1,025	984.39	1,063	735.72	813.85
Long-Term Debt	13.5	16.5	22.5	-	-	-
Long-Term Leases	27.4	30.8	9.3	10.11	21.15	15.4
Long-Term Unearned Revenue	-	0.6	0.6	1.02	0.42	-
Long-Term Deferred Tax Liabilities	0.72	0.71	0.12	1.18	1.64	1.39
Other Long-Term Liabilities	16.35	20.18	27.07	-	-	-
Total Liabilities	779.32	1,094	1,044	1,076	758.93	830.64

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	261.99	261.99	261.95	260.99	223.17	221.41
Additional Paid-In Capital	848.97	847.58	845.82	834.04	245.92	198.82
Retained Earnings	149.33	153	182.55	455.51	543.44	456.34
Treasury Stock	-	-13.52	-27.34	-	-	-0.17
Comprehensive Income & Other	3.61	3.89	-1.36	2.1	3.19	0.2
Total Common Equity	1,264	1,253	1,262	1,553	1,016	876.6
Minority Interest	16.87	28.87	18.98	22.2	20.96	56.17
Shareholders' Equity	1,281	1,282	1,281	1,575	1,037	932.77
Total Liabilities & Equity	2,060	2,376	2,325	2,651	1,796	1,763

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	433.9	556.59	495.26	555.46	327.93	281.41
Net Cash (Debt)	135.65	29.01	117.17	471.39	137.48	170.51
Net Cash Growth	2.62%	-75.24%	-75.14%	242.87%	-19.37%	-12.23%
Net Cash Per Share	0.39	0.11	0.45	2.19	0.62	0.78
Filing Date Shares Outstanding	433.28	261.99	261.95	260.99	223.17	221.3
Total Common Shares Outstanding	433.28	261.99	261.95	260.99	223.17	221.3
Working Capital	858.4	857.97	893.26	1,250	759.41	682.18
Book Value Per Share	2.92	4.78	4.82	5.95	4.55	3.96
Tangible Book Value	1,239	1,227	1,248	1,365	829.64	692.88
Tangible Book Value Per Share	2.86	4.68	4.76	5.23	3.72	3.13
Buildings	-	302.44	148.17	-	-	-
Machinery	-	54.36	53.6	39.91	36.65	31.36