SHE:000828 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	Sep '26 Sep 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	2,599	2,809	4,373	3,382	5,361	2,976
Short-Term Investments	-	1	-	1	1	-
Trading Asset Securities	199.54	61.75	50.67	87.57	86.71	116.74
Cash & Short-Term Investments	2,798	2,872	4,423	3,470	5,448	3,093
Cash Growth	-12.90%	-35.08%	27.47%	-36.31%	76.15%	-32.31%
Accounts Receivable	20.69	46.91	42.51	1,497	523.82	409.08
Other Receivables	55.33	45.87	988.76	175.02	152.12	294.92
Receivables	76.01	92.78	1,031	1,672	675.94	704
Inventory	-	-	0	0	0.01	0
Other Current Assets	1,529	1,813	1,085	8.79	36.97	4.36
Total Current Assets	4,404	4,778	6,540	5,151	6,161	3,801
Property, Plant & Equipment	4,948	4,421	3,282	13,172	1,417	1,126
Long-Term Investments	4,126	3,886	3,026	4,359	3,845	3,519
Goodwill	2.73	2.73	2.73	2.73	2.73	2.73
Other Intangible Assets	24.35	54.08	86.76	119.25	8,712	6,090
Long-Term Accounts Receivable	-	222.94	451.94	1,230	1,577	569.81
Long-Term Deferred Tax Assets	175.3	181.67	120.75	93.61	71.3	13.21
Long-Term Deferred Charges	3.89	34.62	39.81	30.44	29.09	11.62
Other Long-Term Assets	1,816	2,177	3,820	5,212	4,688	1,532
Total Assets	15,499	15,758	17,369	29,370	26,503	16,665

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	2.68	159.03	71.64	2,684	1,812	1,088
Accrued Expenses	40.83	83.15	85.59	81.9	90.05	77.43
Short-Term Debt	683.43	50.64	1,667	3,478	3,265	1,412
Current Portion of Long-Term Debt	410.58	1,056	552.78	519.36	573.1	254.3
Current Portion of Leases	-	33.65	38.51	36.75	32.88	20.36
Current Income Taxes Payable	7.61	19.69	23.17	25.95	63.97	52.02
Current Unearned Revenue	-	3.95	2.3	0.69	1.85	0.59
Other Current Liabilities	569.21	478.93	310.48	123.51	304.37	79.68
Total Current Liabilities	1,714	1,885	2,752	6,950	6,143	2,984
Long-Term Debt	3,169	3,416	4,459	4,279	5,480	2,136
Long-Term Leases	2.77	103.62	118.02	144.69	137.17	107.24
Long-Term Unearned Revenue	22.21	48.56	56.52	63.29	79.86	64.61
Long-Term Deferred Tax Liabilities	3.98	18.8	23.46	27.51	85.01	77.04
Other Long-Term Liabilities	4.47	-	-	-	-	-
Total Liabilities	4,917	5,472	7,409	11,465	11,925	5,369

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	1,040	1,040	1,040	1,040	1,040	1,040
Additional Paid-In Capital	1,152	1,152	1,136	1,138	1,138	1,138
Retained Earnings	8,274	7,990	7,660	7,180	6,826	6,318
Comprehensive Income & Other	70.13	4.34	0.81	1,561	1,562	-12.49
Total Common Equity	10,536	10,186	9,837	10,919	10,566	8,483
Minority Interest	46.38	100.41	123.67	6,986	4,012	2,813
Shareholders' Equity	10,582	10,286	9,960	17,905	14,578	11,296
Total Liabilities & Equity	15,499	15,758	17,369	29,370	26,503	16,665

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	4,266	4,660	6,836	8,458	9,489	3,930
Net Cash (Debt)	-1,468	-1,788	-2,413	-4,988	-4,040	-836.82
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.41	-1.72	-2.32	-4.80	-3.89	-0.81
Filing Date Shares Outstanding	1,040	1,040	1,040	1,040	1,040	1,040
Total Common Shares Outstanding	1,040	1,040	1,040	1,040	1,040	1,040
Working Capital	2,689	2,893	3,788	-1,799	17.96	817
Book Value Per Share	10.14	9.80	9.46	8.97	8.63	8.16
Tangible Book Value	10,509	10,129	9,747	10,797	1,851	2,391
Tangible Book Value Per Share	10.11	9.74	9.38	8.85	0.24	2.30
Buildings	-	439.87	439.87	439.96	431.48	111.73
Machinery	-	519.88	491.2	479.08	402.39	301.01
Construction In Progress	-	3,576	2,245	11,918	24.15	16.44