SHE:002968 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	Jan '22 Jan 1, 2022
Cash & Equivalents	-	542.46	599.88	615.82	600.05	670.45
Cash & Short-Term Investments	299.6	542.46	599.88	615.82	600.05	670.45
Cash Growth	-17.78%	-9.57%	-2.59%	2.63%	-10.50%	-0.90%
Accounts Receivable	-	756.03	766.15	689.5	481.08	321.21
Other Receivables	-	140.59	141.19	142.35	132.74	122.01
Receivables	-	896.63	907.34	831.86	613.81	443.22
Inventory	-	9.22	7.93	10.54	3.38	6.75
Prepaid Expenses	-	3.42	0.37	0.43	0	0.03
Other Current Assets	-	30.28	21.68	25.36	19	12.87
Total Current Assets	-	1,482	1,537	1,484	1,236	1,133
Property, Plant & Equipment	-	199.68	188.72	253.86	215.18	180.26
Long-Term Investments	-	30.42	44.54	53.36	46.87	32.91
Goodwill	-	127.79	127.79	127.79	69.78	40.21
Other Intangible Assets	-	100.36	95.52	33.14	5.87	6.84
Long-Term Accounts Receivable	-	0.55	0.98	-	-	-
Long-Term Deferred Tax Assets	-	7.02	6.76	3.52	5.62	7.17
Long-Term Deferred Charges	-	1.8	1.02	1.96	2.58	3.01
Other Long-Term Assets	-	82.13	93.33	94.57	88.11	49.99
Total Assets	-	2,032	2,096	2,052	1,670	1,454

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	Jan '22 Jan 1, 2022
Accounts Payable	-	270.67	308.7	270.44	124.95	96.06
Accrued Expenses	-	251.88	258.91	271.64	191.1	198.69
Short-Term Debt	-	0.78	0.78	4.58	1.57	-
Current Portion of Long-Term Debt	-	2.99	2.99	2.37	0.35	-
Current Portion of Leases	-	14.47	17.34	14.07	20.17	9.27
Current Income Taxes Payable	-	6.92	11.29	10.42	15.5	16.46
Current Unearned Revenue	-	32.88	31.82	39.1	35.23	33.1
Other Current Liabilities	-	125.03	147.64	165.26	116.78	79.1
Total Current Liabilities	-	705.62	779.47	777.88	505.64	432.67
Long-Term Debt	-	30.97	30.84	24.5	0.23	-
Long-Term Leases	-	13.34	15.51	16.86	20.64	23.37
Long-Term Unearned Revenue	-	6.76	7.05	7.34	7.62	7.91
Long-Term Deferred Tax Liabilities	-	5.03	5.46	5.34	4.91	2.38
Other Long-Term Liabilities	-	0.38	-	-	-	-
Total Liabilities	-	762.09	838.33	831.92	539.03	466.32

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	Jan '22 Jan 1, 2022
Common Stock	-	226.28	226.28	227.76	229.09	162.68
Additional Paid-In Capital	-	367.09	368.04	389.42	414.28	449.34
Retained Earnings	-	622.49	602.85	574.94	482.87	378.17
Treasury Stock	-	-28.17	-15.19	-23.2	-34.08	-26.11
Comprehensive Income & Other	-	24.27	24.74	24.81	24.91	9.99
Total Common Equity	1,246	1,212	1,207	1,194	1,117	974.08
Minority Interest	-	57.69	50.82	26.57	14.14	13.31
Shareholders' Equity	1,294	1,270	1,258	1,220	1,131	987.39
Total Liabilities & Equity	-	2,032	2,096	2,052	1,670	1,454

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	Jan '22 Jan 1, 2022
Total Debt	62.6	62.54	67.46	62.39	42.95	32.64
Net Cash (Debt)	237	479.92	532.42	553.43	557.1	637.81
Net Cash Growth	-21.04%	-9.86%	-3.80%	-0.66%	-12.65%	-4.47%
Net Cash Per Share	1.06	2.12	2.39	2.45	2.46	2.80
Filing Date Shares Outstanding	225.35	226.28	226.28	227.76	229.09	227.75
Total Common Shares Outstanding	225.35	226.28	226.28	227.76	229.09	227.75
Working Capital	-	776.38	757.75	706.14	730.6	700.65
Book Value Per Share	5.51	5.36	5.33	5.24	4.88	4.28
Tangible Book Value	1,015	983.82	983.4	1,033	1,041	927.02
Tangible Book Value Per Share	4.49	4.35	4.35	4.53	4.55	4.07
Buildings	-	135.39	128.66	128.66	124.49	120.71
Machinery	-	168.06	144.03	139.92	99.48	64.48
Construction In Progress	-	3.51	0.61	50.99	21.73	10.85