SHE:300442 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	5,289	3,353	4,826	1,810	1,396	1,594
Short-Term Investments	-	0.07	-	200.62	-	-
Trading Asset Securities	-	-	-	505.86	-	-
Cash & Short-Term Investments	5,289	3,353	4,826	2,516	1,396	1,594
Cash Growth	-3.61%	-30.52%	91.79%	80.27%	-12.42%	36.55%
Accounts Receivable	1,922	1,732	1,098	1,064	375.1	272.13
Other Receivables	63.21	90.32	72.35	1.03	0.94	31.2
Receivables	1,985	1,822	1,170	1,065	376.04	303.33
Inventory	41.08	43.59	1,770	769.65	1.53	-
Prepaid Expenses	0.02	5.02	198.57	159.29	107.08	-
Other Current Assets	2,276	2,056	976.1	514.1	831	373.55
Total Current Assets	9,592	7,280	8,941	5,024	2,711	2,271
Property, Plant & Equipment	33,742	31,732	20,258	16,347	11,653	7,454
Long-Term Investments	1,745	1,707	166.35	162.59	163.48	96.04
Goodwill	384.65	384.65	384.65	384.65	384.65	-
Other Intangible Assets	2,039	1,362	1,269	1,127	828.02	702.2
Long-Term Deferred Tax Assets	87.91	121.8	38.98	4.54	19.63	15.21
Long-Term Deferred Charges	-	-	0.01	0.05	0.1	-
Other Long-Term Assets	263.96	106.84	251.23	259.81	248.42	230.12
Total Assets	47,855	42,694	31,309	23,311	16,008	10,768

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	2,451	2,830	1,738	1,969	1,098	1,368
Accrued Expenses	45.83	42.18	26.76	56.26	34.24	15.8
Short-Term Debt	3,943	3,517	1,101	100.11	-	-
Current Portion of Long-Term Debt	1,498	1,027	1,516	1,151	1,045	369.69
Current Portion of Leases	1,457	1,108	905.38	684.94	370.53	183.25
Current Income Taxes Payable	42.88	35.45	33.81	5	1.41	-
Current Unearned Revenue	10.38	4.52	520.72	17.88	-	-
Other Current Liabilities	641.53	178.5	175.21	317.29	257.39	4.84
Total Current Liabilities	10,090	8,742	6,017	4,302	2,807	1,942
Long-Term Debt	13,587	13,142	10,500	7,601	8,117	4,910
Long-Term Leases	6,838	4,435	2,883	2,526	1,783	1,032
Long-Term Unearned Revenue	156.9	140.58	132.66	100.16	96.66	86.97
Long-Term Deferred Tax Liabilities	391.9	370.33	225.17	236.11	241.46	210.33
Total Liabilities	31,064	26,830	19,759	14,765	13,045	8,181

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	1,461	1,454	1,541	1,540	640.16	562.13
Additional Paid-In Capital	5,646	5,608	5,461	4,889	1,244	1,322
Retained Earnings	7,989	7,217	3,028	2,144	1,052	673.96
Treasury Stock	-595.3	-622.87	-64.52	-52	-	-
Comprehensive Income & Other	-7.74	-0.02	-	-	-	-
Total Common Equity	14,492	13,656	9,966	8,522	2,936	2,558
Minority Interest	2,298	2,207	1,584	23.87	27.97	29.21
Shareholders' Equity	16,790	15,864	11,550	8,546	2,964	2,587
Total Liabilities & Equity	47,855	42,694	31,309	23,311	16,008	10,768

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	27,324	23,229	16,906	12,063	11,315	6,495
Net Cash (Debt)	-22,034	-19,876	-12,080	-9,547	-9,919	-4,901
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-13.50	-11.81	-7.02	-5.58	-7.22	-3.77
Filing Date Shares Outstanding	1,630	1,623	1,725	1,750	1,717	1,012
Total Common Shares Outstanding	1,630	1,623	1,725	1,750	1,152	1,012
Working Capital	-498.27	-1,462	2,924	722.38	-95.52	329.02
Book Value Per Share	8.89	8.41	5.78	4.87	2.55	2.53
Tangible Book Value	12,068	11,910	8,312	7,010	1,723	1,856
Tangible Book Value Per Share	7.40	7.34	4.82	4.00	1.50	1.83
Buildings	12,011	11,769	8,540	6,401	4,357	3,449
Machinery	16,112	16,063	6,508	4,265	2,663	2,356
Construction In Progress	9,920	7,054	7,170	6,926	5,590	2,352