SHE:300277 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	2,677	191.2	137.78	2,798	1,955	1,623
Short-Term Investments	-	35	30	-	-	-
Trading Asset Securities	355.89	73.9	212.29	568.16	607	960.65
Cash & Short-Term Investments	3,033	300.1	380.08	3,366	2,562	2,584
Cash Growth	25.30%	-21.04%	-88.71%	31.40%	-0.83%	-14.49%
Accounts Receivable	3,852	24.25	20.31	3,724	3,426	3,613
Other Receivables	59.49	1.57	3.9	43.02	25.37	44.16
Receivables	3,911	25.82	24.21	3,767	3,451	3,657
Inventory	2,926	96.95	90.36	2,429	2,322	3,042
Prepaid Expenses	-	-	-	0.27	0.69	1.14
Other Current Assets	454.95	14.87	25.52	731.34	479.78	508.8
Total Current Assets	10,325	437.74	520.17	10,295	8,816	9,792
Property, Plant & Equipment	2,937	4.51	4.65	2,327	2,241	2,207
Long-Term Investments	4,333	225.5	130.8	2,727	3,562	3,500
Goodwill	-	-	-	15.42	-	-
Other Intangible Assets	387.04	0.01	0.04	409.3	274.84	277.47
Long-Term Deferred Tax Assets	117.29	4.63	4.53	73.6	352.73	382.67
Long-Term Deferred Charges	1.72	-	-	-	-	-
Other Long-Term Assets	18.47	13.43	13.84	80.01	128.92	160.65
Total Assets	18,120	685.8	674.02	15,928	15,375	16,320

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	2,268	28.98	27.63	1,891	1,615	2,220
Accrued Expenses	91.48	8.89	6.83	189.01	190.26	195.09
Short-Term Debt	449.18	-	-	504.43	287.75	490.07
Current Portion of Long-Term Debt	131.78	-	-	61.07	30.64	9.01
Current Portion of Leases	-	1.35	1.15	19.75	12.17	8.6
Current Income Taxes Payable	69.55	1.17	2.89	38.06	19.3	17.89
Current Unearned Revenue	2,582	131.25	114.42	2,753	2,307	3,053
Other Current Liabilities	470.98	1.68	2.08	478.16	474.45	592.8
Total Current Liabilities	6,063	173.32	155	5,934	4,936	6,586
Long-Term Debt	526.01	-	-	222.82	159.9	180.83
Long-Term Leases	4.86	0.44	0.65	15.95	16.33	22.58
Long-Term Unearned Revenue	979.24	-	-	1,070	877.38	729.44
Long-Term Deferred Tax Liabilities	207.93	1.94	3.26	73.99	474.81	464.17
Other Long-Term Liabilities	18.35	-	-	70.89	11.1	7.58
Total Liabilities	7,800	175.69	158.91	7,388	6,476	7,990

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	1,517	341.7	335	1,175	980.18	754.01
Additional Paid-In Capital	460.5	76.18	82.88	399.21	394.94	282.95
Retained Earnings	4,702	68.61	73.07	4,410	4,382	4,387
Treasury Stock	-	-	-	-86.29	-136.47	-144.08
Comprehensive Income & Other	3,038	1.12	1.12	2,001	2,708	2,648
Total Common Equity	9,718	487.61	492.07	7,899	8,328	7,927
Minority Interest	602.74	22.5	23.04	640.84	570.71	402.06
Shareholders' Equity	10,320	510.11	515.11	8,540	8,899	8,330
Total Liabilities & Equity	18,120	685.8	674.02	15,928	15,375	16,320

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	1,112	1.79	1.8	824.01	506.79	711.08
Net Cash (Debt)	1,921	298.31	378.27	2,542	2,055	1,872
Net Cash Growth	46.94%	-21.14%	-85.12%	23.70%	9.76%	-23.18%
Net Cash Per Share	4.52	0.88	1.11	2.12	1.74	1.60
Filing Date Shares Outstanding	1,578	1,517	1,175	1,175	1,176	1,176
Total Common Shares Outstanding	1,578	341.7	1,175	1,175	1,176	1,176
Working Capital	4,262	264.42	365.17	4,361	3,880	3,206
Book Value Per Share	6.16	1.43	0.42	6.72	7.08	6.74
Tangible Book Value	9,331	487.6	492.03	7,475	8,054	7,650
Tangible Book Value Per Share	5.91	1.43	0.42	6.36	6.85	6.50
Buildings	-	4.15	4.15	1,573	1,588	1,264
Machinery	-	10.5	10.89	1,627	1,418	1,360
Construction In Progress	-	-	-	298.07	286.29	517.84