SHE:002271 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	4,184	3,910	7,259	9,120	10,539	16,446
Trading Asset Securities	526.77	535.61	538.05	635.9	607.09	105.02
Cash & Short-Term Investments	4,711	4,446	7,797	9,755	11,146	16,551
Cash Growth	5.55%	-42.98%	-20.07%	-12.48%	-32.66%	162.10%
Accounts Receivable	9,149	8,406	10,905	14,300	16,018	15,282
Other Receivables	1,271	905.8	851.78	2,086	2,144	878.35
Receivables	10,420	9,312	11,756	16,386	18,162	16,161
Inventory	2,658	2,195	1,827	2,511	1,575	1,421
Prepaid Expenses	-	7.21	6.11	7.06	1.65	0.65
Other Current Assets	2,460	3,039	2,956	3,920	1,462	1,462
Total Current Assets	20,249	18,999	24,343	32,579	32,346	35,595
Property, Plant & Equipment	12,858	12,811	12,395	12,022	10,782	7,916
Long-Term Investments	817.62	691.43	626.6	599.79	2,198	689.33
Goodwill	1,114	919.37	354.43	344.57	150.28	140.91
Other Intangible Assets	2,892	2,892	2,369	2,268	2,191	1,654
Long-Term Deferred Tax Assets	1,610	1,501	1,333	980.78	732.04	527.58
Long-Term Deferred Charges	73.67	48.72	31.67	39.2	72.93	35.05
Other Long-Term Assets	3,307	3,881	3,263	2,340	2,118	3,175
Total Assets	42,920	41,744	44,715	51,174	50,591	49,733

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	3,873	3,310	2,669	4,297	4,489	5,943
Accrued Expenses	113.51	245.48	227.47	280.39	264.83	476.54
Short-Term Debt	5,666	4,737	4,612	4,999	6,254	6,128
Current Portion of Long-Term Debt	862.39	1,218	881.15	267.59	548.58	95
Current Portion of Leases	-	105.38	45.69	29.82	29.78	31.12
Current Income Taxes Payable	545.88	358.79	364.82	440.43	461.03	680.65
Current Unearned Revenue	2,693	3,544	3,664	3,573	3,324	3,224
Other Current Liabilities	5,379	5,287	4,853	5,850	6,590	4,533
Total Current Liabilities	19,132	18,807	17,318	19,737	21,961	21,111
Long-Term Debt	1,017	770.69	922.68	1,709	543.92	1,104
Long-Term Leases	708.85	743.01	347.22	229.6	204.57	190.24
Long-Term Unearned Revenue	649.03	663.3	703.35	689.81	610.42	531.95
Long-Term Deferred Tax Liabilities	83.54	81.21	75.18	42.94	43.86	17.04
Other Long-Term Liabilities	476.6	282.05	34.52	58.91	36.45	95.76
Total Liabilities	22,067	21,347	19,401	22,467	23,401	23,050

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	2,389	2,389	2,436	2,518	2,518	2,521
Additional Paid-In Capital	7,979	8,164	8,721	10,422	10,721	10,795
Retained Earnings	10,241	9,568	13,864	16,691	14,666	13,297
Treasury Stock	-0.37	-0.37	-100.32	-1,242	-1,122	-344.13
Comprehensive Income & Other	-72.97	14.86	12.88	-15.15	24.06	25.78
Total Common Equity	20,536	20,135	24,934	28,374	26,809	26,294
Minority Interest	317.35	262.25	379.76	332.79	381.31	389.27
Shareholders' Equity	20,853	20,397	25,314	28,707	27,190	26,684
Total Liabilities & Equity	42,920	41,744	44,715	51,174	50,591	49,733

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	8,254	7,574	6,809	7,234	7,581	7,548
Net Cash (Debt)	-3,543	-3,128	988.14	2,521	3,565	9,003
Net Cash Growth	-	-	-60.80%	-29.29%	-60.40%	167.28%
Net Cash Per Share	-1.58	-1.38	0.37	1.00	1.41	3.64
Filing Date Shares Outstanding	2,327	1,917	2,389	2,485	2,491	2,521
Total Common Shares Outstanding	2,327	1,917	2,389	2,485	2,491	2,521
Working Capital	1,117	192.39	7,024	12,842	10,385	14,485
Book Value Per Share	8.83	10.50	10.44	11.42	10.76	10.43
Tangible Book Value	16,530	16,323	22,211	25,761	24,467	24,500
Tangible Book Value Per Share	7.10	8.51	9.30	10.37	9.82	9.72
Buildings	-	9,514	8,588	7,782	6,233	3,786
Machinery	-	6,082	5,893	5,493	4,462	3,449
Construction In Progress	-	783.38	1,181	1,370	2,049	2,094