SHE:002307 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	3,976	5,226	3,453	4,004	3,708	3,648
Cash & Short-Term Investments	3,976	5,226	3,453	4,004	3,708	3,648
Cash Growth	-0.16%	51.36%	-13.76%	7.97%	1.64%	-21.94%
Accounts Receivable	5,864	5,653	5,834	5,267	6,350	4,802
Other Receivables	910.42	2,043	1,098	1,155	1,035	1,117
Receivables	6,774	7,696	6,932	6,422	7,385	5,918
Inventory	1,314	1,320	1,394	1,226	1,280	1,809
Prepaid Expenses	-	40.6	11.89	18.46	35.96	140.28
Other Current Assets	2,347	1,220	1,603	2,248	2,026	2,312
Total Current Assets	14,411	15,502	13,393	13,918	14,435	13,827
Property, Plant & Equipment	453	475.17	499.44	17,979	14,903	12,742
Long-Term Investments	585	585	949.36	1,064	1,170	704.14
Goodwill	-	-	-	4.59	7.36	7.36
Other Intangible Assets	38,032	37,852	36,811	16,430	16,300	14,084
Long-Term Accounts Receivable	-	783.59	861.31	987.39	570.13	901.89
Long-Term Deferred Tax Assets	266.81	255.2	308.15	283.99	235.86	178.57
Long-Term Deferred Charges	109.81	114.58	146.13	155.69	123.29	61.36
Other Long-Term Assets	5,038	4,193	3,424	3,413	3,411	3,185
Total Assets	58,896	59,761	56,393	54,235	51,156	45,693

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	5,718	6,541	6,079	6,150	7,306	5,608
Accrued Expenses	59.13	355.59	351.14	435.68	397.9	258.22
Short-Term Debt	332.43	1,005	1,090	1,030	733.23	1,442
Current Portion of Long-Term Debt	2,602	2,844	1,858	1,841	2,480	2,295
Current Income Taxes Payable	287.08	41.78	22.5	11.73	36.91	24.99
Current Unearned Revenue	2,820	2,250	2,276	2,435	2,077	2,724
Other Current Liabilities	1,896	1,994	1,678	2,011	1,400	1,458
Total Current Liabilities	13,714	15,032	13,354	13,914	14,431	13,810
Long-Term Debt	34,956	33,790	34,582	31,810	29,024	25,064
Long-Term Unearned Revenue	40.75	41.5	42.78	44.05	47.99	43.55
Long-Term Deferred Tax Liabilities	4.09	4.09	0.27	0.74	1.97	-
Other Long-Term Liabilities	2,554	2,785	3,223	2,854	2,105	1,447
Total Liabilities	51,268	51,653	51,202	48,623	45,609	40,365

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	1,649	1,649	1,268	1,268	1,268	1,209
Additional Paid-In Capital	2,428	2,428	1,384	1,377	1,376	1,225
Retained Earnings	-282.88	192.68	294.14	729.72	697.5	651.18
Comprehensive Income & Other	1,505	1,483	70.74	72.26	78.44	104.92
Total Common Equity	5,299	5,753	3,017	3,447	3,421	3,190
Minority Interest	2,328	2,356	2,173	2,165	2,126	2,138
Shareholders' Equity	7,628	8,109	5,190	5,612	5,547	5,327
Total Liabilities & Equity	58,896	59,761	56,393	54,235	51,156	45,693

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	37,890	37,639	37,531	34,681	32,237	28,801
Net Cash (Debt)	-33,914	-32,412	-34,078	-30,677	-28,529	-25,153
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-21.70	-25.56	-28.20	-28.56	-24.64	-22.15
Filing Date Shares Outstanding	1,649	1,649	1,268	1,268	1,268	1,209
Total Common Shares Outstanding	1,649	1,649	1,268	1,268	1,268	1,209
Working Capital	697.02	469.89	39.36	3.46	4.18	17.13
Book Value Per Share	3.21	3.49	2.38	2.72	2.70	2.64
Tangible Book Value	-32,733	-32,100	-33,793	-12,987	-12,887	-10,902
Tangible Book Value Per Share	-19.85	-19.47	-26.64	-10.24	-10.16	-9.02
Buildings	-	496.13	502.52	525.89	519.11	491.22
Machinery	-	551.53	576.47	705.05	807.56	851.67
Construction In Progress	-	-	-	17,424	14,314	12,152