SHE:002362 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	373.07	645.95	642.01	631.78	503.97	472.35
Trading Asset Securities	80.33	51.05	27.16	91.32	412.3	494.96
Cash & Short-Term Investments	453.4	697	669.16	723.09	916.27	967.31
Cash Growth	-18.13%	4.16%	-7.46%	-21.08%	-5.28%	-8.22%
Accounts Receivable	193.18	185.28	232.99	191.57	160.08	150.77
Other Receivables	32.48	29.9	34.39	37.69	41.93	44.95
Receivables	225.65	215.18	267.39	229.27	215.01	195.72
Inventory	581.76	462.38	431.24	447.26	431.78	546.96
Prepaid Expenses	-	0.39	3.86	0.42	0.49	0.47
Other Current Assets	88.51	70.08	73.02	70.81	74.99	89.75
Total Current Assets	1,349	1,445	1,445	1,471	1,639	1,800
Property, Plant & Equipment	179.04	162.82	182.15	180.07	193.64	207.5
Long-Term Investments	21.06	20.81	17.04	18.38	27.56	51.66
Goodwill	2.32	2.32	2.32	2.32	2.32	2.32
Other Intangible Assets	241.16	227.54	161.16	107.93	79.89	46.21
Long-Term Deferred Tax Assets	17.46	17.46	17.58	18.34	18.37	15.36
Long-Term Deferred Charges	11.15	53.59	127.01	98.43	59.23	69.26
Other Long-Term Assets	-	0.06	-	-	-	-
Total Assets	1,822	1,930	1,952	1,896	2,020	2,193

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	234.86	239.67	267.26	205.5	133.95	166.55
Accrued Expenses	56.36	130.95	139.08	110.59	111.26	101.42
Short-Term Debt	285.36	287.3	143.46	76.14	72.84	32.03
Current Portion of Long-Term Debt	37.4	39.03	-	-	-	-
Current Portion of Leases	-	3.49	8.96	2.15	5.18	5.5
Current Income Taxes Payable	18.47	13.53	13.06	13.09	13.9	31.13
Current Unearned Revenue	81.56	70.63	63.67	70.12	49.95	54.72
Other Current Liabilities	45.2	29.96	30.83	33.71	32.28	30.21
Total Current Liabilities	759.2	814.56	666.33	511.31	419.36	421.57
Long-Term Debt	80	10.51	-	-	-	-
Long-Term Leases	25.12	6.85	6.37	1.06	2.1	5.03
Long-Term Unearned Revenue	3.23	3.19	2.6	3.55	14.23	2.49
Long-Term Deferred Tax Liabilities	0.34	0.34	0.55	0.38	0.34	0.25
Other Long-Term Liabilities	5.1	0.1	-	-	2.53	0.5
Total Liabilities	872.98	835.55	675.85	516.3	438.55	429.83

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	244.45	244.45	244.45	244.45	244.45	244.45
Additional Paid-In Capital	1,485	1,485	1,485	1,487	1,487	1,491
Retained Earnings	-892.07	-753.9	-557.95	-446.47	-311.71	-175.45
Comprehensive Income & Other	-24.27	-26.49	-31.01	-32.29	-28.13	-26.2
Total Common Equity	812.98	948.94	1,141	1,252	1,391	1,533
Minority Interest	135.56	145.14	135.22	127.58	189.63	229.32
Shareholders' Equity	948.54	1,094	1,276	1,380	1,581	1,763
Total Liabilities & Equity	1,822	1,930	1,952	1,896	2,020	2,193

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	427.87	347.18	158.79	79.35	80.12	42.56
Net Cash (Debt)	25.53	349.82	510.37	643.75	836.15	924.74
Net Cash Growth	-88.13%	-31.46%	-20.72%	-23.01%	-9.58%	-12.26%
Net Cash Per Share	0.10	1.43	2.09	2.63	3.42	3.78
Filing Date Shares Outstanding	244.42	244.45	244.45	244.45	244.45	244.45
Total Common Shares Outstanding	244.42	244.45	244.45	244.45	244.45	244.45
Working Capital	590.13	630.47	778.35	959.56	1,219	1,379
Book Value Per Share	3.33	3.88	4.67	5.12	5.69	6.27
Tangible Book Value	569.5	719.08	977.39	1,142	1,309	1,485
Tangible Book Value Per Share	2.33	2.94	4.00	4.67	5.36	6.07
Buildings	-	223.71	223.71	223.73	223.11	223.11
Machinery	-	175.12	174.59	170.39	164.09	165.03
Construction In Progress	-	0.01	-	-	-	-