SHE:002885 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	646.13	593.34	476.2	457.58	332.26	198.39
Short-Term Investments	-	6.15	5.63	5.54	-	3.6
Trading Asset Securities	175.08	20.28	140	217.65	2.55	0.7
Cash & Short-Term Investments	821.22	619.77	621.83	680.77	334.81	202.69
Cash Growth	7.32%	-0.33%	-8.66%	103.33%	65.19%	-30.59%
Accounts Receivable	1,399	1,256	1,259	933.69	991.21	685.5
Other Receivables	36.3	26.83	23.86	21.09	23.27	18.38
Receivables	1,435	1,282	1,283	954.78	1,014	703.88
Inventory	653.94	528.3	518.42	490.52	499.78	407.91
Prepaid Expenses	-	0.33	0.9	0.11	-	-
Other Current Assets	59.39	59.01	36.22	41.08	22.53	29.82
Total Current Assets	2,970	2,490	2,460	2,167	1,872	1,344
Property, Plant & Equipment	593.37	599.75	542.94	519	461.74	385.54
Long-Term Investments	24.31	23.34	19.78	-	4.93	-
Other Intangible Assets	15.43	15.89	17.08	19.92	20.7	23.13
Long-Term Deferred Tax Assets	17.21	20.75	23.66	22.11	9.86	10.78
Long-Term Deferred Charges	79.59	84.91	89.1	96.83	13.82	12.86
Other Long-Term Assets	63.3	65.29	93.2	87.04	125.83	93.24
Total Assets	3,763	3,300	3,246	2,912	2,508	1,870

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	1,315	996.36	1,170	853.47	995.7	727.15
Accrued Expenses	35.81	90.62	99.44	70.23	58.26	47.96
Short-Term Debt	561.41	468.31	265.67	293.3	328.14	156.15
Current Portion of Long-Term Debt	28.27	-	82.55	18.42	39.88	50.42
Current Portion of Leases	-	31.49	23.75	16.73	9.85	5.94
Current Income Taxes Payable	16.49	1.16	2.09	1.51	3.28	0.12
Current Unearned Revenue	21.04	11.15	6.34	5.79	2.87	4.02
Other Current Liabilities	73.13	60.55	45.76	52.31	25.32	3.47
Total Current Liabilities	2,051	1,660	1,696	1,312	1,463	995.22
Long-Term Debt	-	-	-	82.49	-	42.13
Long-Term Leases	61.08	62.9	92.47	93.45	90.31	7.61
Long-Term Unearned Revenue	46.23	37.2	32.54	20.97	12.76	15.48
Other Long-Term Liabilities	-	-	2.69	-	-	-
Total Liabilities	2,159	1,760	1,824	1,509	1,566	1,060

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	270.92	270.92	271.91	272.8	181.44	180
Additional Paid-In Capital	586.39	580.75	588.19	604.66	253.53	240.57
Retained Earnings	722.22	660.22	581.85	547.38	532.66	395.05
Treasury Stock	-	-	-41.05	-19.85	-21.6	-1.27
Comprehensive Income & Other	-5.07	-0.83	1.36	2.01	1.52	-1.25
Total Common Equity	1,574	1,511	1,402	1,407	947.55	813.1
Minority Interest	29.94	28.98	20.28	-3.51	-5.45	-3.67
Shareholders' Equity	1,604	1,540	1,423	1,403	942.1	809.42
Total Liabilities & Equity	3,763	3,300	3,246	2,912	2,508	1,870

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	650.77	562.69	464.44	504.4	468.18	262.24
Net Cash (Debt)	170.45	57.07	157.39	176.37	-133.37	-59.56
Net Cash Growth	156.14%	-63.74%	-10.76%	-	-	-
Net Cash Per Share	0.63	0.21	0.58	0.66	-0.52	-0.24
Filing Date Shares Outstanding	270.79	270.92	269.36	298.56	251.85	251.85
Total Common Shares Outstanding	270.79	270.92	269.36	298.56	251.85	251.85
Working Capital	918.49	830.22	764.47	855.5	408.3	349.09
Book Value Per Share	5.81	5.58	5.21	4.71	3.76	3.23
Tangible Book Value	1,559	1,495	1,385	1,387	926.85	789.97
Tangible Book Value Per Share	5.76	5.52	5.14	4.65	3.68	3.14
Buildings	-	329.48	317.12	310.31	304.48	316.21
Machinery	-	400.82	324.89	274.73	202.83	172.48
Construction In Progress	-	25.47	-	-	-	-