SHE:002163 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	475.69	913.59	1,181	1,248	1,077	826.7
Trading Asset Securities	2.42	4.69	3.33	3.26	4.42	3.46
Cash & Short-Term Investments	478.11	918.28	1,185	1,251	1,082	830.16
Cash Growth	-52.83%	-22.48%	-5.32%	15.67%	30.29%	-9.17%
Accounts Receivable	2,156	2,224	2,226	2,019	2,008	1,850
Other Receivables	297.65	40.23	-21.84	39.46	25.37	24.03
Receivables	2,454	2,265	2,204	2,058	2,034	1,874
Inventory	386.81	245.69	127.23	210.79	155.77	177.33
Prepaid Expenses	-	130.17	102.53	55.76	-	29.81
Other Current Assets	272.8	265.27	199.16	131.69	204.07	138.12
Total Current Assets	3,592	3,824	3,818	3,707	3,475	3,049
Property, Plant & Equipment	668.52	695.28	797.04	1,021	1,181	1,277
Long-Term Investments	310.59	308.46	278.98	281.04	111.55	108.68
Goodwill	185.53	185.53	-	-	-	-
Other Intangible Assets	115.54	139.35	80.24	79.79	119.94	122.21
Long-Term Deferred Tax Assets	209.62	245.65	280.73	317.29	335.04	201.31
Long-Term Deferred Charges	10.16	11.11	10.49	9.07	11.74	12.94
Other Long-Term Assets	620.37	781.11	885.95	994.2	1,036	1,035
Total Assets	5,712	6,191	6,151	6,410	6,271	5,806

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	2,319	2,598	2,857	2,939	2,930	2,690
Accrued Expenses	24.29	97.91	77.73	74.15	51.89	26.68
Short-Term Debt	847.14	653.47	640.06	468.61	419.3	859.14
Current Portion of Long-Term Debt	76.18	21.36	128.2	98.62	28.08	7.6
Current Portion of Leases	-	11.35	7.21	8.85	32.92	82.02
Current Income Taxes Payable	28.03	3.9	-	0.96	-	1.22
Current Unearned Revenue	106.67	213.2	97.77	115.69	97.01	42.23
Other Current Liabilities	274.59	303.79	260.28	65.18	69.96	76.6
Total Current Liabilities	3,676	3,903	4,068	3,771	3,629	3,786
Long-Term Debt	292.65	366.92	-	57.18	95.73	23.73
Long-Term Leases	22.75	26.16	8.07	19.55	58.7	32.79
Long-Term Unearned Revenue	21.85	54.13	56.45	50.41	43.47	43.17
Long-Term Deferred Tax Liabilities	160.06	192.72	216.19	249.99	260.6	152.06
Other Long-Term Liabilities	646.75	730.81	672.06	666.93	670.15	664.8
Total Liabilities	4,820	5,274	5,021	4,815	4,758	4,702

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	844.96	844.96	844.96	844.96	844.96	803.55
Additional Paid-In Capital	991.43	990.84	990.85	987.27	976.8	430.57
Retained Earnings	-1,301	-1,238	-765.33	-385.97	-477.55	-332.86
Total Common Equity	535.68	598.3	1,070	1,446	1,344	901.25
Minority Interest	356.11	318.07	59.76	148.83	169.13	202.32
Shareholders' Equity	891.79	916.36	1,130	1,595	1,513	1,104
Total Liabilities & Equity	5,712	6,191	6,151	6,410	6,271	5,806

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	1,239	1,079	783.54	652.81	634.73	1,005
Net Cash (Debt)	-760.61	-160.97	401.01	598.25	446.85	-175.11
Net Cash Growth	-	-	-32.97%	33.88%	-	-
Net Cash Per Share	-0.86	-0.19	0.48	0.72	0.53	-0.22
Filing Date Shares Outstanding	844.96	844.96	844.96	844.96	844.96	803.55
Total Common Shares Outstanding	844.96	844.96	844.96	844.96	844.96	803.55
Working Capital	-84.47	-79.4	-250.43	-63.62	-154.04	-736.21
Book Value Per Share	0.63	0.71	1.27	1.71	1.59	1.12
Tangible Book Value	234.61	273.41	990.24	1,366	1,224	779.04
Tangible Book Value Per Share	0.28	0.32	1.17	1.62	1.45	0.97
Buildings	-	811.68	733.77	733.62	795	793.29
Machinery	-	886.48	1,016	1,248	1,255	1,238
Construction In Progress	-	7.95	1.24	2.21	8.66	3.93