SHE:002115 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	-	974.92	736.83	806.76	1,046	1,229
Trading Asset Securities	-	63.17	209.83	255.36	182.7	67.87
Cash & Short-Term Investments	1,063	1,038	946.66	1,062	1,228	1,297
Cash Growth	17.62%	9.66%	-10.87%	-13.53%	-5.27%	24.83%
Accounts Receivable	-	1,668	751.34	897.2	1,002	871.4
Other Receivables	-	26.09	28.15	26.4	58.13	53.88
Receivables	-	1,694	779.49	923.61	1,061	925.28
Inventory	-	138.61	142.86	372.08	433.1	353.22
Other Current Assets	-	264.94	284.43	253.14	270.23	308.97
Total Current Assets	-	3,136	2,153	2,611	2,992	2,884
Property, Plant & Equipment	-	1,050	1,102	1,028	900.88	762.81
Long-Term Investments	-	152.38	178.82	169.75	173.34	196.56
Goodwill	-	90.49	90.49	330.73	330.73	330.73
Other Intangible Assets	-	50.07	53.57	62.35	80.2	67.25
Long-Term Accounts Receivable	-	23.43	84.96	62.84	-	-
Long-Term Deferred Tax Assets	-	63.66	51.44	41.38	40.66	36.23
Long-Term Deferred Charges	-	5.16	5.58	6.9	9.4	52.31
Other Long-Term Assets	-	43.43	50	70.13	41	42.48
Total Assets	-	4,614	3,770	4,383	4,568	4,372

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	-	1,086	579.6	757.44	882.23	908.35
Accrued Expenses	-	86.7	79.41	82.58	94.67	69.67
Short-Term Debt	-	595.78	154.62	342.22	432.47	210.79
Current Portion of Long-Term Debt	-	107.21	118.49	12.21	77.27	265.96
Current Portion of Leases	-	22.19	20.23	16.51	13.14	8.91
Current Income Taxes Payable	-	27.23	15.57	25.72	18.79	34.48
Current Unearned Revenue	-	298.1	337.05	341.76	360.89	292.19
Other Current Liabilities	-	125.51	121	103.68	127.07	110.06
Total Current Liabilities	-	2,349	1,426	1,682	2,007	1,900
Long-Term Debt	-	62.74	114.9	185.26	55.24	93.64
Long-Term Leases	-	31.02	28.52	30.98	31.31	22.36
Long-Term Unearned Revenue	-	11.37	14.07	19.64	25.99	29
Long-Term Deferred Tax Liabilities	-	-	-	-	-	4.57
Other Long-Term Liabilities	-	4.89	6.12	5.97	12.76	7.27
Total Liabilities	-	2,459	1,590	1,924	2,132	2,057

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	-	810.99	810.99	810.99	810.99	818.66
Additional Paid-In Capital	-	1,156	1,549	1,556	1,571	1,577
Retained Earnings	-	143.06	-245.63	41.94	-13.45	-154.78
Treasury Stock	-	-45	-45	-45	-	-
Comprehensive Income & Other	-	-8.74	26.61	6.39	12.51	24.01
Total Common Equity	2,073	2,056	2,096	2,370	2,381	2,265
Minority Interest	-	99.19	84.74	88.63	55.19	50.16
Shareholders' Equity	2,180	2,155	2,180	2,459	2,437	2,315
Total Liabilities & Equity	-	4,614	3,770	4,383	4,568	4,372

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	1,055	818.94	436.75	587.19	609.43	601.65
Net Cash (Debt)	8.17	219.15	509.91	474.94	618.87	694.95
Net Cash Growth	-97.61%	-57.02%	7.36%	-23.26%	-10.95%	42.49%
Net Cash Per Share	0.01	0.27	0.63	0.59	0.76	0.96
Filing Date Shares Outstanding	806.13	805.04	805.04	805.04	810.99	818.66
Total Common Shares Outstanding	806.13	805.04	805.04	805.04	810.99	818.66
Working Capital	-	786.84	727.49	928.83	985.63	983.68
Book Value Per Share	2.58	2.55	2.60	2.94	2.94	2.77
Tangible Book Value	1,935	1,916	1,952	1,977	1,970	1,867
Tangible Book Value Per Share	2.40	2.38	2.42	2.46	2.43	2.28
Buildings	-	477.79	480.89	479.99	788.32	672.24
Machinery	-	347.53	331.47	328.8	296.76	283.45
Construction In Progress	-	12.92	13.09	10.05	96.98	67.46