SHE:301500 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	Dec '21 Dec 31, 2021
Cash & Equivalents	1,177	847.14	1,106	384.56	213.74	272.25
Short-Term Investments	-	-	-	-	-	12.59
Trading Asset Securities	23.84	2.2	-	0.75	-	-
Cash & Short-Term Investments	1,201	849.35	1,106	385.31	213.74	284.84
Cash Growth	29.99%	-23.21%	187.04%	80.27%	-24.96%	-13.06%
Accounts Receivable	193.98	125.78	169.17	105.9	86.47	143.83
Other Receivables	142.52	387.44	245.06	293.52	262.95	223.88
Receivables	336.5	513.23	414.22	399.42	349.42	367.7
Inventory	6,474	4,973	4,123	3,288	2,083	2,002
Other Current Assets	751.78	350.39	228	310.98	151.39	160.17
Total Current Assets	8,764	6,686	5,872	4,383	2,798	2,814
Property, Plant & Equipment	6,220	6,228	6,224	5,737	4,246	2,480
Long-Term Investments	28.1	28.48	51.82	51.09	52.86	51.91
Other Intangible Assets	386.76	391.2	389.12	398.52	350.49	237.45
Long-Term Accounts Receivable	-	-	-	-	-	7.25
Long-Term Deferred Tax Assets	35.87	21.83	22.43	13.5	12.84	7.69
Long-Term Deferred Charges	2.67	3.07	4.78	4.88	8.08	10.65
Other Long-Term Assets	52.24	25.75	13.46	16.74	121.48	212.93
Total Assets	15,489	13,385	12,577	10,606	7,589	5,822

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	Dec '21 Dec 31, 2021
Accounts Payable	1,731	1,672	1,915	60.73	274.63	325.57
Accrued Expenses	42.1	103.81	90.7	101.93	70.95	68.75
Short-Term Debt	4,278	3,715	3,078	2,430	1,990	1,298
Current Portion of Long-Term Debt	1,083	961.57	521.85	190.41	120.86	-
Current Portion of Leases	-	23.7	21.98	1.82	33.52	93.32
Current Income Taxes Payable	30.42	0.09	0.36	0.41	8.83	0.41
Current Unearned Revenue	10.89	75.52	40.57	6.09	17.23	19.98
Other Current Liabilities	125.43	123.82	56.14	1,080	837.74	507.63
Total Current Liabilities	7,301	6,676	5,724	3,871	3,354	2,313
Long-Term Debt	2,457	1,573	1,946	2,087	629.79	-
Long-Term Leases	17.59	43.14	97.28	22.23	65.7	226.28
Long-Term Unearned Revenue	73.5	71.8	59.69	58.98	57.93	61.78
Long-Term Deferred Tax Liabilities	2.4	2.83	3.09	3.39	3.34	-
Total Liabilities	9,851	8,367	7,831	6,043	4,110	2,601

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	Dec '21 Dec 31, 2021
Common Stock	561.95	561.95	402.1	400.01	360	360
Additional Paid-In Capital	1,493	1,489	1,652	1,633	783.51	937.09
Retained Earnings	3,234	2,616	2,381	2,252	2,072	1,860
Treasury Stock	-11.64	-11.68	-17.79	-	-	-
Comprehensive Income & Other	129.43	116.85	100.7	95.97	93.47	68.48
Total Common Equity	5,407	4,772	4,517	4,382	3,309	3,225
Minority Interest	231.54	245.5	228.72	181.08	169.24	-4.67
Shareholders' Equity	5,638	5,018	4,746	4,563	3,478	3,221
Total Liabilities & Equity	15,489	13,385	12,577	10,606	7,589	5,822

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	Dec '21 Dec 31, 2021
Total Debt	7,835	6,317	5,665	4,731	2,840	1,617
Net Cash (Debt)	-6,634	-5,468	-4,559	-4,346	-2,626	-1,332
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-11.86	-9.76	-8.13	-8.39	-5.21	-2.64
Filing Date Shares Outstanding	560	561.95	562.94	560.01	504	504.02
Total Common Shares Outstanding	560	561.95	562.94	560.01	504	504.02
Working Capital	1,463	10.71	147.16	511.85	-556.04	501.16
Book Value Per Share	9.65	8.49	8.02	7.82	6.57	6.40
Tangible Book Value	5,020	4,381	4,128	3,983	2,959	2,988
Tangible Book Value Per Share	8.96	7.80	7.33	7.11	5.87	5.93
Buildings	-	3,334	3,188	2,587	934.16	808.91
Machinery	-	3,628	3,024	1,501	993.08	859.89
Construction In Progress	-	606.98	893.1	2,207	2,703	1,070