SHE:002933 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	265.15	418.04	694.28	1,209	877.97	973.43
Short-Term Investments	457	267.73	-	-	-	-
Trading Asset Securities	520.28	596.48	600.38	185.3	50	-
Cash & Short-Term Investments	1,242	1,282	1,295	1,394	927.97	973.43
Cash Growth	6.37%	-0.96%	-7.13%	50.23%	-4.67%	56.07%
Accounts Receivable	416.73	433.83	351.74	340.02	236.68	266.27
Other Receivables	9.45	10.2	9.35	6.9	2.04	2.48
Receivables	426.18	444.03	361.09	346.92	238.72	268.75
Inventory	205.62	252.39	265.1	268.24	212.43	166.86
Other Current Assets	7.84	8.97	20.78	17.42	23.82	31.46
Total Current Assets	1,882	1,988	1,942	2,027	1,403	1,441
Property, Plant & Equipment	147.51	153.66	183.07	198.01	162.28	127.49
Long-Term Investments	66.2	56.04	65.69	66.28	14.53	14
Other Intangible Assets	63.22	67.04	78.28	84.69	93.14	100.18
Long-Term Accounts Receivable	58.25	53.99	56.08	30.31	28.81	18.21
Long-Term Deferred Tax Assets	30.64	33.01	36.32	46.53	54.66	32.61
Long-Term Deferred Charges	-	-	0.06	-	-	0.11
Other Long-Term Assets	21.33	21.54	21.51	0.51	3.26	17.17
Total Assets	2,269	2,373	2,383	2,453	1,760	1,750

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	198.86	275.52	272.67	265.98	95.36	105.35
Accrued Expenses	31.4	36.35	39.65	34.98	31.48	31.04
Current Portion of Long-Term Debt	5.19	5.21	2.71	0.21	-	-
Current Portion of Leases	6.13	7.34	5.12	7.92	8.99	8.71
Current Income Taxes Payable	2.28	1.69	-	0.77	0.7	4.44
Current Unearned Revenue	25.4	56.28	76.04	154.13	35.65	28.98
Other Current Liabilities	10.24	11.45	19.31	33.44	57.27	14.52
Total Current Liabilities	279.5	393.83	415.51	497.43	229.45	193.05
Long-Term Debt	390	392.5	397.5	400	-	-
Long-Term Leases	30.83	36.77	59.27	67.77	76.79	85.5
Long-Term Deferred Tax Liabilities	8.39	9.26	10.5	10.5	12.19	-
Total Liabilities	708.72	832.35	882.78	975.7	318.43	278.55

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	117.35	117.35	117.35	117.35	117.35	117.35
Additional Paid-In Capital	634.96	628.94	627.08	616.65	592.54	649.47
Retained Earnings	783.3	769.32	732.2	716.23	701.98	760.4
Treasury Stock	-	-	-	-	-	-84.3
Comprehensive Income & Other	24.88	24.94	25.04	25.38	25.79	23.72
Total Common Equity	1,560	1,541	1,502	1,476	1,438	1,467
Minority Interest	-	-	-1.8	1.68	3.51	5.09
Shareholders' Equity	1,560	1,541	1,500	1,477	1,441	1,472
Total Liabilities & Equity	2,269	2,373	2,383	2,453	1,760	1,750

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	432.15	441.82	464.61	475.9	85.78	94.21
Net Cash (Debt)	810.28	840.44	830.06	918.18	842.19	879.21
Net Cash Growth	15.13%	1.25%	-9.60%	9.02%	-4.21%	40.96%
Net Cash Per Share	7.09	7.24	7.03	7.73	7.45	9.55
Filing Date Shares Outstanding	117.35	117.35	117.35	117.35	117.35	113.33
Total Common Shares Outstanding	117.35	117.35	117.35	117.35	117.35	114.36
Working Capital	1,603	1,594	1,526	1,529	1,173	1,247
Book Value Per Share	13.30	13.13	12.80	12.57	12.25	12.82
Tangible Book Value	1,497	1,474	1,423	1,391	1,345	1,366
Tangible Book Value Per Share	12.76	12.56	12.13	11.85	11.46	11.95
Buildings	125.99	125.99	122.87	122.64	21.1	21.1
Machinery	39.84	39.57	37.21	36.95	30	26.96
Construction In Progress	-	-	0.85	1.29	57.45	10.08