SHE:002361 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	699.96	638.17	493.42	762.38	805.28	641.21
Trading Asset Securities	0.02	-	4.53	4.53	9.5	175
Cash & Short-Term Investments	699.98	638.17	497.95	766.91	814.78	816.21
Cash Growth	44.10%	28.16%	-35.07%	-5.88%	-0.18%	124.45%
Accounts Receivable	1,814	1,730	1,635	1,651	1,535	1,447
Other Receivables	4.26	4.81	2.9	5.02	4.54	10.83
Receivables	1,818	1,734	1,638	1,656	1,540	1,458
Inventory	387.74	305.61	355.11	352.51	390.44	415.72
Prepaid Expenses	-	-	-	-	1.34	-
Other Current Assets	117.44	69.02	58.28	63.31	56.34	69.78
Total Current Assets	3,023	2,747	2,549	2,839	2,803	2,759
Property, Plant & Equipment	1,264	1,353	1,388	1,466	1,234	1,192
Long-Term Investments	27.66	25.41	23.1	19.9	17.83	16.6
Goodwill	262.96	262.96	262.96	262.96	262.96	262.96
Other Intangible Assets	101.89	105.22	120.96	132.85	138.7	144.49
Long-Term Deferred Tax Assets	63.21	47.05	45.29	41.83	33.06	26.75
Long-Term Deferred Charges	2.55	5.82	10.68	11.67	15.7	9.37
Other Long-Term Assets	1.23	0.9	5.36	7.37	33.87	10.89
Total Assets	4,747	4,548	4,406	4,782	4,539	4,422

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	806.52	791.99	739.8	785.06	560.57	620.73
Accrued Expenses	20.03	47.94	37.9	42.8	44.69	31.04
Short-Term Debt	1,673	1,132	1,029	1,389	1,393	1,153
Current Portion of Long-Term Debt	31.21	74.19	77.55	42.15	1.05	39.5
Current Portion of Leases	-	1.66	1.71	1.74	1.1	1.28
Current Income Taxes Payable	6.15	2.17	2.99	1.4	3.48	4.29
Current Unearned Revenue	24.61	43.37	22.15	30.27	25.5	29.08
Other Current Liabilities	3.02	11.42	4.85	7.03	5.43	10.62
Total Current Liabilities	2,565	2,105	1,916	2,300	2,035	1,890
Long-Term Debt	-	209.03	190.99	108.5	50	-
Long-Term Leases	3.97	5.54	6.37	2.45	2.25	2.23
Long-Term Unearned Revenue	15.81	19.49	25.04	29.01	33.15	38.64
Long-Term Deferred Tax Liabilities	0.09	0.22	3.81	3.68	3.87	3.89
Total Liabilities	2,585	2,339	2,142	2,443	2,124	1,935

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	951.03	951.03	951.03	951.03	951.03	978.57
Additional Paid-In Capital	813.01	813.01	813.01	813.01	813.01	896.8
Retained Earnings	390.79	432.46	466.72	528.17	597.83	666.01
Treasury Stock	-	-	-	-	-	-111.33
Total Common Equity	2,155	2,197	2,231	2,292	2,362	2,430
Minority Interest	7.29	11.94	32.72	46.34	53.02	57.74
Shareholders' Equity	2,162	2,208	2,263	2,339	2,415	2,488
Total Liabilities & Equity	4,747	4,548	4,406	4,782	4,539	4,422

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	1,708	1,423	1,306	1,544	1,447	1,196
Net Cash (Debt)	-1,008	-784.64	-807.79	-777.07	-632.35	-380.14
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.06	-0.83	-0.85	-0.82	-0.66	-0.45
Filing Date Shares Outstanding	951.03	951.03	951.03	951.03	951.03	951.03
Total Common Shares Outstanding	951.03	951.03	951.03	951.03	951.03	951.03
Working Capital	458.66	642	632.86	539.45	768.39	869.42
Book Value Per Share	2.27	2.31	2.35	2.41	2.48	2.56
Tangible Book Value	1,790	1,828	1,847	1,896	1,960	2,023
Tangible Book Value Per Share	1.88	1.92	1.94	1.99	2.06	2.13
Buildings	-	972.04	779.36	778.11	470.47	468.54
Machinery	-	1,377	1,160	1,154	1,040	1,002
Construction In Progress	-	15.01	337.31	312.57	425.49	329.37