SHE:002267 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	1,108	959.43	1,097	819.5	1,046	1,151
Short-Term Investments	-	31.62	-	-	-	-
Cash & Short-Term Investments	1,108	991.06	1,097	819.5	1,046	1,151
Cash Growth	49.31%	-9.68%	33.89%	-21.64%	-9.10%	-2.40%
Accounts Receivable	101.83	103.3	112.52	158.78	268.68	393.66
Other Receivables	27.41	23.83	16.19	16.82	12.55	27.81
Receivables	129.24	127.14	128.72	175.61	281.24	421.47
Inventory	306.76	293.8	308.41	284.11	188.47	216.86
Prepaid Expenses	-	7.29	5.93	6.09	14.58	1.25
Other Current Assets	268.85	338.11	308.01	299.72	363.14	228.08
Total Current Assets	1,813	1,757	1,848	1,585	1,893	2,018
Property, Plant & Equipment	11,374	11,310	11,232	10,914	9,612	9,542
Long-Term Investments	578.83	571.06	601.22	596.49	479.59	452.15
Goodwill	122.06	122.06	117.42	124.45	144.92	151.72
Other Intangible Assets	717.08	727.74	699.83	669.76	623.01	622.31
Long-Term Deferred Tax Assets	50.01	45.15	47.2	43.57	40.76	41.99
Long-Term Deferred Charges	7.59	8.14	14.11	17.74	135.55	97.63
Other Long-Term Assets	159.41	72.57	88.22	110.77	98.51	67.41
Total Assets	14,822	14,614	14,649	14,061	13,027	12,993

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	1,551	1,552	1,256	1,237	1,767	1,777
Accrued Expenses	292.31	300.66	271.39	249.97	234.75	201.74
Short-Term Debt	1,200	809.91	1,017	1,022	1,264	613.52
Current Portion of Long-Term Debt	338.18	784.1	713.59	1,055	949.32	340.37
Current Portion of Leases	-	7.67	9.55	10.35	0.51	2.96
Current Income Taxes Payable	17.06	13.57	23.55	25.48	29.61	13.48
Current Unearned Revenue	809.48	1,282	1,205	1,177	762.37	715.33
Other Current Liabilities	180.8	217.93	992.36	230.43	256.5	608.55
Total Current Liabilities	4,389	4,968	5,489	5,008	5,264	4,272
Long-Term Debt	3,264	2,702	2,359	1,037	913.73	1,887
Long-Term Leases	4.88	7.06	5.58	14.97	6.72	1.72
Long-Term Unearned Revenue	53.4	56.05	57.3	55.25	237.46	186.82
Long-Term Deferred Tax Liabilities	4.23	3.6	2.47	2.64	2.58	2.67
Other Long-Term Liabilities	4.54	4.54	6.54	5.54	-	5.54
Total Liabilities	7,719	7,741	7,920	6,123	6,425	6,356

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	1,112	1,112	1,112	1,112	1,112	1,112
Additional Paid-In Capital	904.94	880.72	889.18	2,342	1,262	1,246
Retained Earnings	4,488	4,327	4,133	3,853	3,643	3,702
Comprehensive Income & Other	338.37	295.99	292.92	336.89	303.68	303.92
Total Common Equity	6,844	6,616	6,427	7,644	6,320	6,364
Minority Interest	259.27	257.13	301.94	293.93	282.16	273.27
Shareholders' Equity	7,103	6,873	6,729	7,938	6,603	6,637
Total Liabilities & Equity	14,822	14,614	14,649	14,061	13,027	12,993

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	4,807	4,311	4,105	3,140	3,135	2,846
Net Cash (Debt)	-3,699	-3,320	-3,007	-2,321	-2,089	-1,695
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.33	-2.99	-2.70	-2.09	-1.88	-1.52
Filing Date Shares Outstanding	1,112	1,112	1,112	1,112	1,112	1,112
Total Common Shares Outstanding	1,112	1,112	1,112	1,112	1,112	1,112
Working Capital	-2,576	-3,210	-3,641	-3,423	-3,371	-2,254
Book Value Per Share	6.15	5.95	5.78	6.87	5.68	5.72
Tangible Book Value	6,005	5,766	5,610	6,850	5,552	5,590
Tangible Book Value Per Share	5.40	5.19	5.04	6.16	4.99	5.03
Buildings	-	1,811	1,688	1,531	1,391	1,278
Machinery	-	3,215	3,170	2,581	1,944	1,894
Construction In Progress	-	1,385	1,103	1,500	1,407	1,310