SHE:300226 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	24,403	23,120	12,906	5,555	2,336	908.44
Short-Term Investments	-	30.34	53.27	-	-	-
Trading Asset Securities	145.7	220.53	882.77	11.1	2.21	0.09
Cash & Short-Term Investments	24,548	23,371	13,842	5,566	2,338	908.53
Cash Growth	48.58%	68.84%	148.70%	138.07%	157.33%	61.32%
Accounts Receivable	1,133	1,316	1,317	1,988	3,202	5,577
Other Receivables	193.17	180.88	219.12	89.59	54.37	43.94
Receivables	1,326	1,497	1,536	2,078	3,257	5,621
Inventory	3,669	2,352	1,429	2,164	1,362	1,024
Other Current Assets	3,362	4,010	4,421	7,258	6,262	6,078
Total Current Assets	32,906	31,230	21,229	17,067	13,219	13,631
Property, Plant & Equipment	285.18	293.91	309.13	326.97	335.11	312.14
Long-Term Investments	275.78	135.45	82.12	170.52	136.94	106.91
Goodwill	31.14	31.14	32.5	34.56	35.96	36.44
Other Intangible Assets	30.21	27.26	21.42	19.58	19.62	21.17
Long-Term Deferred Tax Assets	62.45	74.55	95.01	69.78	67.6	52.02
Long-Term Deferred Charges	0.96	1.6	2.51	3.64	5.37	6.33
Other Long-Term Assets	29.45	29.45	26.59	28.41	28.41	28.41
Total Assets	33,621	31,823	21,798	17,720	13,848	14,194

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	6,408	6,117	3,989	4,361	976.64	1,571
Accrued Expenses	73.92	159.97	147.49	135.58	146.5	193.96
Short-Term Debt	18,637	17,021	9,348	2,513	2,831	2,846
Current Portion of Long-Term Debt	6.92	-	-	-	-	-
Current Portion of Leases	-	6.23	8.65	10.45	9.31	10.32
Current Income Taxes Payable	56.67	20.53	58.3	22.67	31.12	62.65
Current Unearned Revenue	2,657	2,985	2,747	4,498	4,024	3,614
Other Current Liabilities	1,379	1,252	1,278	1,854	1,827	2,145
Total Current Liabilities	29,218	27,562	17,577	13,395	9,845	10,444
Long-Term Leases	3.16	3.52	4.94	10.24	5.7	7.74
Long-Term Unearned Revenue	21.64	21.49	23.52	23.95	25.56	27.41
Long-Term Deferred Tax Liabilities	3.16	3.16	3.45	4.63	7.03	6.5
Total Liabilities	29,246	27,590	17,609	13,434	9,884	10,486

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	382.47	318.72	318.72	321.82	267.3	190.93
Additional Paid-In Capital	531.25	594.99	594.03	722.8	754.92	820.56
Retained Earnings	1,399	1,291	1,094	958.1	739.21	555.28
Comprehensive Income & Other	-15.66	-15.56	-19.21	-15.82	-13.13	-12.35
Total Common Equity	2,297	2,189	1,987	1,987	1,748	1,554
Minority Interest	2,078	2,044	2,202	2,299	2,216	2,154
Shareholders' Equity	4,376	4,233	4,189	4,286	3,965	3,708
Total Liabilities & Equity	33,621	31,823	21,798	17,720	13,848	14,194

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	18,647	17,031	9,362	2,534	2,846	2,864
Net Cash (Debt)	5,902	6,340	4,481	3,032	-508.11	-1,956
Net Cash Growth	9.88%	41.49%	47.77%	-	-	-
Net Cash Per Share	15.49	16.64	11.57	7.78	-1.31	-5.04
Filing Date Shares Outstanding	382.7	382.47	378.75	386.19	384.92	384.92
Total Common Shares Outstanding	382.7	382.47	378.75	386.19	384.92	384.92
Working Capital	3,688	3,667	3,652	3,672	3,374	3,187
Book Value Per Share	6.00	5.72	5.25	5.14	4.54	4.04
Tangible Book Value	2,236	2,130	1,933	1,933	1,693	1,497
Tangible Book Value Per Share	5.84	5.57	5.10	5.00	4.40	3.89
Buildings	-	374.9	345.69	227.72	228.18	228.18
Machinery	-	80.01	76.17	73.4	67.77	87.85
Construction In Progress	-	-	33.72	149.97	154.78	116.84