SHE:002080 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	Dec '21 Dec 31, 2021
Cash & Equivalents	7,051	3,100	2,751	3,545	5,904	2,635
Short-Term Investments	-	-	-	-	120	-
Trading Asset Securities	-	-	-	-	65	-
Cash & Short-Term Investments	7,051	3,100	2,751	3,545	6,089	2,635
Cash Growth	142.98%	12.69%	-22.39%	-41.79%	131.12%	-11.70%
Accounts Receivable	16,297	14,249	11,523	12,308	12,692	8,738
Other Receivables	407.92	382.98	437.09	409.54	295.75	100.33
Receivables	16,705	14,632	11,961	12,717	12,988	8,839
Inventory	5,357	4,666	3,585	3,906	3,753	2,250
Prepaid Expenses	-	32.05	20.36	4.49	3.4	1.07
Other Current Assets	1,539	1,539	1,563	1,119	679.37	654.65
Total Current Assets	30,652	23,970	19,880	21,291	23,513	14,379
Property, Plant & Equipment	37,264	36,387	35,424	31,326	25,394	19,998
Long-Term Investments	992.2	1,011	670.29	624.33	469.77	347.95
Goodwill	48.27	48.27	48.27	48.27	48.27	48.27
Other Intangible Assets	2,106	2,164	2,213	2,215	1,784	1,280
Long-Term Deferred Tax Assets	824.17	832.24	634.87	571.57	597.56	253.99
Long-Term Deferred Charges	748.24	668.41	389.61	439.68	411.15	304.34
Other Long-Term Assets	534.58	509.59	604.65	380.95	498.29	1,015
Total Assets	73,169	65,591	59,865	56,897	52,716	37,627

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	Dec '21 Dec 31, 2021
Accounts Payable	16,762	16,499	11,829	11,041	10,917	7,172
Accrued Expenses	589.23	847.23	953.22	1,102	1,002	843.1
Short-Term Debt	7,216	4,349	2,876	864.81	1,830	2,079
Current Portion of Long-Term Debt	2,549	2,909	2,998	4,577	914.2	2,552
Current Portion of Leases	-	66.32	57.39	25.15	33.59	9.38
Current Income Taxes Payable	306.47	179.62	46.17	89.79	118.43	207.25
Current Unearned Revenue	515.64	386.9	706.01	501.53	412.34	360.85
Other Current Liabilities	689	649.13	1,026	951.28	448.73	358.6
Total Current Liabilities	28,628	25,886	20,491	19,152	15,676	13,583
Long-Term Debt	8,461	9,652	11,109	9,609	9,686	6,662
Long-Term Leases	325.47	278.23	258.54	185.06	158.3	32.98
Long-Term Unearned Revenue	1,037	958.08	786.12	754.01	814.26	1,290
Long-Term Deferred Tax Liabilities	193.4	188.49	181.3	160.11	146.55	40.78
Other Long-Term Liabilities	280.58	287.44	301.66	486.22	431.52	406.55
Total Liabilities	38,925	37,250	33,128	30,346	26,913	22,015

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	Dec '21 Dec 31, 2021
Common Stock	1,765	1,678	1,678	1,678	1,678	1,678
Additional Paid-In Capital	9,489	5,052	5,094	5,142	5,972	4,444
Retained Earnings	14,354	13,173	11,732	11,780	10,661	8,043
Comprehensive Income & Other	27.81	8.28	8.96	16.53	11.83	4.31
Total Common Equity	25,636	19,911	18,513	18,617	18,323	14,169
Minority Interest	8,607	8,430	8,224	7,934	7,480	1,442
Shareholders' Equity	34,243	28,341	26,737	26,551	25,803	15,611
Total Liabilities & Equity	73,169	65,591	59,865	56,897	52,716	37,627

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	Dec '21 Dec 31, 2021
Total Debt	18,551	17,254	17,299	15,261	12,622	11,336
Net Cash (Debt)	-11,501	-14,154	-14,548	-11,716	-6,533	-8,702
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.85	-8.43	-8.67	-6.98	-3.89	-5.19
Filing Date Shares Outstanding	1,765	1,678	1,678	1,678	1,678	1,678
Total Common Shares Outstanding	1,765	1,678	1,678	1,678	1,678	1,678
Working Capital	2,024	-1,916	-610.66	2,139	7,837	796.48
Book Value Per Share	14.52	11.87	11.03	11.09	10.92	8.44
Tangible Book Value	23,482	17,699	16,252	16,354	16,491	12,841
Tangible Book Value Per Share	13.30	10.55	9.68	9.75	9.83	7.65
Buildings	-	9,152	7,592	7,812	6,479	5,536
Machinery	-	37,153	26,832	25,973	22,227	18,707
Construction In Progress	-	1,702	10,659	6,054	4,088	2,072