SHE:002165 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	811.36	948.08	550.68	744.06	1,684	1,017
Short-Term Investments	-	-	354.14	344.93	-	-
Trading Asset Securities	456.8	231.48	93.49	80.81	200.75	0.34
Cash & Short-Term Investments	1,268	1,180	998.31	1,170	1,885	1,017
Cash Growth	10.57%	18.15%	-14.66%	-37.95%	85.37%	186.74%
Accounts Receivable	1,004	682.64	761.31	935.53	657.11	967.27
Other Receivables	7.86	11.9	16.55	21.17	20.51	31.5
Receivables	1,012	694.54	777.86	956.7	677.62	998.78
Inventory	471.39	312.99	355.08	272.67	352.47	508.75
Prepaid Expenses	-	-	-	-	1.36	1.36
Other Current Assets	177.41	102.1	74.09	40.67	287.69	470.19
Total Current Assets	2,929	2,289	2,205	2,440	3,204	2,996
Property, Plant & Equipment	1,627	2,136	1,977	1,892	2,005	2,108
Long-Term Investments	6.86	89.96	89.26	5.02	-	-
Other Intangible Assets	219.44	222.17	227.35	232.77	229.99	221.13
Long-Term Deferred Tax Assets	300.66	238.66	219.71	191	145.8	58.69
Long-Term Deferred Charges	40.13	42.86	12.86	13.06	14.94	15.96
Other Long-Term Assets	95.16	95.51	73.08	105.7	3.96	43.02
Total Assets	5,218	5,114	4,805	4,879	5,604	5,442

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	412.82	375.57	271.79	370.63	404.13	890.64
Accrued Expenses	7.71	62.18	75.65	59.68	31.22	37.03
Short-Term Debt	753.83	1,209	1,084	1,462	1,959	1,165
Current Portion of Long-Term Debt	469.57	521.66	356.07	440.95	436	556.73
Current Portion of Leases	-	1.15	0.44	0.59	0.69	0.8
Current Income Taxes Payable	5.86	1.01	6.49	4.24	6.08	5.4
Current Unearned Revenue	12.5	16.75	18.07	11.81	20.75	23.41
Other Current Liabilities	38.25	10.24	10.33	7.96	18.7	9.32
Total Current Liabilities	1,701	2,198	1,823	2,358	2,877	2,688
Long-Term Debt	2,002	845.2	914.22	432.75	639.95	562.83
Long-Term Leases	3.66	3.64	1.57	2.01	0.21	0.9
Long-Term Unearned Revenue	65.66	36.31	29.01	33.14	37.52	38.99
Other Long-Term Liabilities	2.97	2.97	2.97	6.07	15.02	14.61
Total Liabilities	3,775	3,086	2,771	2,832	3,570	3,305

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	735.27	735.27	735.27	735.27	735.27	735.27
Additional Paid-In Capital	664.19	664.19	664.19	664.19	664.19	664.19
Retained Earnings	28.57	614.48	626.55	641.58	632.71	733.06
Comprehensive Income & Other	12.11	11.18	5.67	4.11	2.47	0.31
Total Common Equity	1,440	2,025	2,032	2,045	2,035	2,133
Minority Interest	2.77	2.85	2.31	1.85	-0.59	4.22
Shareholders' Equity	1,443	2,028	2,034	2,047	2,034	2,137
Total Liabilities & Equity	5,218	5,114	4,805	4,879	5,604	5,442

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	3,229	2,581	2,356	2,339	3,036	2,286
Net Cash (Debt)	-1,961	-1,401	-1,358	-1,169	-1,151	-1,269
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.67	-1.91	-1.85	-1.59	-1.57	-1.93
Filing Date Shares Outstanding	509.82	735.27	735.27	735.27	735.27	735.27
Total Common Shares Outstanding	509.82	735.27	735.27	735.27	735.27	735.27
Working Capital	1,228	91.34	382.61	81.68	327.39	308.04
Book Value Per Share	2.82	2.75	2.76	2.78	2.77	2.90
Tangible Book Value	1,221	1,803	1,804	1,812	1,805	1,912
Tangible Book Value Per Share	2.39	2.45	2.45	2.46	2.45	2.60
Buildings	-	929.05	925.98	925.98	1,001	2,530
Machinery	-	946.47	858.59	841.87	1,589	16.93
Construction In Progress	-	1,130	978.88	833.89	230.87	211.88