SHE:300324 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	875.45	968.8	1,169	1,368	1,574	1,695
Trading Asset Securities	18.33	18.83	4	1	10.59	23.67
Cash & Short-Term Investments	893.79	987.63	1,173	1,369	1,584	1,719
Cash Growth	-5.97%	-15.77%	-14.37%	-13.58%	-7.83%	-5.45%
Accounts Receivable	1,660	1,904	2,012	1,793	1,743	1,740
Other Receivables	50.7	44.05	47.25	66.86	117.14	143.3
Receivables	1,711	1,949	2,060	1,860	1,860	1,883
Inventory	161.28	194.97	314.18	261.2	412.97	271.63
Other Current Assets	235.76	73.62	94.5	80.94	96.88	95.92
Total Current Assets	3,001	3,205	3,641	3,572	3,954	3,970
Property, Plant & Equipment	548.99	541.52	509.52	512.23	463.7	493.25
Long-Term Investments	734.37	754.44	881.17	914.74	634.81	732.86
Goodwill	32.48	32.48	41.84	82.18	253.29	645.16
Other Intangible Assets	53.49	61.84	65.82	82.08	74.55	83.4
Long-Term Accounts Receivable	-	0.84	1.34	1.88	1.67	1.6
Long-Term Deferred Tax Assets	85.19	89.26	72.79	66.12	54.5	40.25
Long-Term Deferred Charges	57.99	51.06	57.62	46.73	47.26	33.76
Other Long-Term Assets	508.85	526.7	559.11	595.82	646.55	719.51
Total Assets	5,023	5,263	5,830	5,873	6,130	6,720

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	1,343	1,598	1,617	1,070	992.96	1,178
Accrued Expenses	65.41	107.25	113.99	144.16	157.03	151.09
Short-Term Debt	111.29	155.8	113.88	138.16	135.33	151.03
Current Portion of Long-Term Debt	27.63	24.74	18.69	27.85	10.29	10.3
Current Portion of Leases	-	14.7	19.38	20.93	16	13.47
Current Income Taxes Payable	12.21	1.19	4.26	6.37	9.76	19.25
Current Unearned Revenue	509.32	347	415.02	524.61	765.03	613.91
Other Current Liabilities	204.95	118.75	138.48	297.52	116.46	105.24
Total Current Liabilities	2,274	2,367	2,441	2,230	2,203	2,243
Long-Term Debt	94	80.5	112.4	158.59	185	193
Long-Term Leases	10.9	84.94	96.38	110.99	23.83	17.02
Long-Term Unearned Revenue	26.42	27.58	32.83	29.69	33.99	53.4
Long-Term Deferred Tax Liabilities	5.54	5.32	6.25	7.68	7.73	1.1
Total Liabilities	2,482	2,566	2,689	2,537	2,453	2,507

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	1,728	1,728	1,728	1,728	1,728	1,728
Additional Paid-In Capital	2,727	2,726	2,704	2,634	2,593	2,525
Retained Earnings	-2,035	-1,894	-1,423	-1,148	-880.18	-290.21
Comprehensive Income & Other	-55.13	-53.4	-77.3	-63.68	-31.34	-0.62
Total Common Equity	2,365	2,506	2,932	3,149	3,409	3,961
Minority Interest	176.62	191.5	209.39	187.53	267.72	251.15
Shareholders' Equity	2,541	2,697	3,141	3,337	3,677	4,212
Total Liabilities & Equity	5,023	5,263	5,830	5,873	6,130	6,720

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	243.82	360.68	360.74	456.51	370.44	384.83
Net Cash (Debt)	649.96	626.95	811.83	912.76	1,214	1,334
Net Cash Growth	10.27%	-22.77%	-11.06%	-24.82%	-9.01%	1.11%
Net Cash Per Share	0.38	0.36	0.47	0.53	0.70	0.77
Filing Date Shares Outstanding	1,724	1,728	1,728	1,728	1,728	1,728
Total Common Shares Outstanding	1,724	1,728	1,728	1,728	1,728	1,728
Working Capital	727.28	837.6	1,200	1,342	1,751	1,727
Book Value Per Share	1.37	1.45	1.70	1.82	1.97	2.29
Tangible Book Value	2,279	2,412	2,824	2,985	3,081	3,233
Tangible Book Value Per Share	1.32	1.40	1.63	1.73	1.78	1.87
Buildings	-	372.63	119.43	119.43	119.43	134.94
Machinery	-	566.82	591.69	579.12	563.24	558.46
Construction In Progress	-	-	164.12	118.24	28.95	20.43