SHE:002265 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	3,044	2,057	2,319	2,177	1,997	2,692
Short-Term Investments	216.48	1,127	404.93	473.62	-	-
Trading Asset Securities	-	-	-	-	39.81	41.37
Cash & Short-Term Investments	3,261	3,185	2,724	2,650	2,037	2,734
Cash Growth	333.27%	16.90%	2.79%	30.14%	-25.50%	2127.85%
Accounts Receivable	2,141	1,693	1,501	1,223	922.71	541.02
Other Receivables	30.33	18.31	24.71	34.09	35.22	148.08
Receivables	2,171	1,711	1,526	1,257	957.92	689.1
Inventory	870.83	883.57	786.18	827.88	864.23	1,521
Prepaid Expenses	-	1.36	2.04	-	2.43	1.09
Other Current Assets	42.56	44.84	109.41	114.32	318.38	261.87
Total Current Assets	6,346	5,825	5,148	4,850	4,180	5,207
Property, Plant & Equipment	1,643	1,729	1,810	1,906	1,837	1,843
Long-Term Investments	461.14	660.35	953.44	695.55	651.51	628.22
Goodwill	-	-	-	29.88	49.03	50.79
Other Intangible Assets	102.69	105.73	109.12	113.59	115.05	129.49
Long-Term Deferred Tax Assets	53.37	53.38	66.77	79.85	85.6	102.91
Long-Term Deferred Charges	0.44	0.68	1.14	1.8	1.25	1.92
Other Long-Term Assets	64.3	59.65	76.34	69.81	198.1	189.94
Total Assets	8,671	8,434	8,164	7,746	7,117	8,154

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	2,101	2,200	2,263	1,937	2,199	1,903
Accrued Expenses	157.82	262.21	268.51	304.99	222.38	185.24
Short-Term Debt	400	202.6	201.12	-	75	83
Current Portion of Leases	-	1.16	1.12	5.25	1.51	1.51
Current Income Taxes Payable	89.21	12.45	34.61	34	11.45	28.74
Current Unearned Revenue	292.98	196.86	95.24	148.35	291.87	1,364
Other Current Liabilities	1,238	1,188	1,136	1,236	1,485	909.78
Total Current Liabilities	4,278	4,064	4,000	3,666	4,287	4,475
Long-Term Debt	5.26	-	-	-	45	-
Long-Term Leases	2.1	3.01	4.17	5.29	6.25	7.4
Long-Term Unearned Revenue	243.54	250.66	260.41	264.01	281.16	292.99
Long-Term Deferred Tax Liabilities	17.7	17.7	23.27	22.05	20.01	17.66
Other Long-Term Liabilities	146.55	176.64	196.34	375.24	350.74	376.89
Total Liabilities	4,694	4,512	4,484	4,333	4,990	5,170

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	1,033	1,033	1,033	1,033	948.51	318.57
Additional Paid-In Capital	-	2,281	2,275	-	1,371	3,113
Retained Earnings	499.12	451.38	218.68	-41.27	-332.36	-560.98
Comprehensive Income & Other	2,385	98.04	96.49	2,369	101.46	97.96
Total Common Equity	3,917	3,863	3,623	3,361	2,088	2,969
Minority Interest	59.96	59.09	57.17	52.59	39.45	14.66
Shareholders' Equity	3,977	3,922	3,680	3,413	2,128	2,984
Total Liabilities & Equity	8,671	8,434	8,164	7,746	7,117	8,154

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	407.36	206.77	206.42	10.54	127.76	91.91
Net Cash (Debt)	2,854	2,978	2,518	2,640	1,909	2,642
Net Cash Growth	341.83%	18.27%	-4.62%	38.30%	-27.75%	-
Net Cash Per Share	2.71	2.94	2.42	2.63	2.00	2.79
Filing Date Shares Outstanding	1,033	1,033	1,033	1,033	948.51	318.57
Total Common Shares Outstanding	1,033	1,033	1,033	1,033	948.51	318.57
Working Capital	2,067	1,762	1,148	1,184	-106.92	731.82
Book Value Per Share	3.79	3.74	3.51	3.25	2.20	9.32
Tangible Book Value	3,815	3,757	3,514	3,217	1,924	2,789
Tangible Book Value Per Share	3.69	3.64	3.40	3.11	2.03	8.75
Buildings	-	1,063	1,054	1,037	1,022	978.48
Machinery	-	3,199	3,108	2,908	2,679	2,688
Construction In Progress	-	69.7	47.92	152.68	117.97	70.65