SHE:002396 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	Dec '21 Dec 31, 2021
Cash & Equivalents	2,612	4,225	2,958	4,350	4,325	2,141
Short-Term Investments	-	341.28	62.9	-	-	-
Trading Asset Securities	360.87	50.16	200.51	-	-	-
Cash & Short-Term Investments	2,973	4,616	3,221	4,350	4,325	2,141
Cash Growth	15.75%	43.30%	-25.94%	0.58%	101.96%	1.91%
Accounts Receivable	3,803	3,848	3,415	2,593	1,892	2,045
Other Receivables	147.58	114.34	106.28	98.27	97.9	76.56
Receivables	3,950	3,963	3,521	2,691	1,990	2,121
Inventory	10,666	4,022	4,470	4,145	4,706	4,039
Other Current Assets	2,195	143.27	270.92	192.33	258.11	200.75
Total Current Assets	19,784	12,744	11,484	11,379	11,278	8,502
Property, Plant & Equipment	1,516	1,352	1,513	1,605	1,691	1,387
Long-Term Investments	506.9	494.61	348.83	339.18	415.22	353.98
Goodwill	502.07	442.73	442.73	442.73	217.75	217.75
Other Intangible Assets	640.62	158.79	169.69	107.76	78.2	78.32
Long-Term Deferred Tax Assets	858.19	946.99	1,041	841.01	540.32	355.23
Long-Term Deferred Charges	91.33	643.64	680.56	281.01	142.13	130.72
Other Long-Term Assets	721.96	710.29	848.43	405.64	112.78	97.5
Total Assets	24,621	17,493	16,529	15,401	14,476	11,123

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	Dec '21 Dec 31, 2021
Accounts Payable	4,500	3,548	3,283	3,544	2,856	3,282
Accrued Expenses	547.78	937.35	818.16	656	1,007	830.97
Short-Term Debt	6,779	1,682	1,706	926.31	666.89	424.54
Current Portion of Leases	59.6	63.39	54.76	53.81	61.81	53.41
Current Income Taxes Payable	103.52	8.42	5.86	7.58	17.72	20.98
Current Unearned Revenue	859.1	723.37	547.45	569.95	712.2	541.07
Other Current Liabilities	482.48	301.43	366.09	224.52	211.97	130.47
Total Current Liabilities	13,332	7,264	6,781	5,982	5,534	5,283
Long-Term Leases	70.95	88.3	122.11	155.3	127.84	111.41
Long-Term Unearned Revenue	11.49	7.92	20.26	21.73	76.58	52.65
Long-Term Deferred Tax Liabilities	72.81	50.07	50.62	83.63	52.9	23.35
Other Long-Term Liabilities	0.67	0.8	26.31	60.64	0.89	0.06
Total Liabilities	13,535	7,411	7,001	6,303	5,793	5,471

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	Dec '21 Dec 31, 2021
Common Stock	757.42	585.7	588.61	592.93	583.28	583.28
Additional Paid-In Capital	1,142	1,274	1,269	1,312	1,186	329.65
Retained Earnings	5,679	5,187	4,922	4,664	4,301	3,783
Treasury Stock	-51	-76.3	-105.97	-140.56	-	-
Comprehensive Income & Other	-0.3	3.37	4.59	4.35	1.85	-2.72
Total Common Equity	7,527	6,973	6,679	6,433	6,071	4,693
Minority Interest	3,559	3,109	2,849	2,665	2,612	959.52
Shareholders' Equity	11,086	10,082	9,528	9,098	8,683	5,652
Total Liabilities & Equity	24,621	17,493	16,529	15,401	14,476	11,123

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	Dec '21 Dec 31, 2021
Total Debt	6,957	1,833	1,883	1,135	856.53	589.36
Net Cash (Debt)	-3,985	2,783	1,338	3,214	3,468	1,552
Net Cash Growth	-	107.96%	-58.37%	-7.32%	123.46%	-13.30%
Net Cash Per Share	-2.58	3.70	1.77	4.23	4.57	2.05
Filing Date Shares Outstanding	3,932	757.72	765.19	770.81	758.26	758.26
Total Common Shares Outstanding	3,932	757.72	765.19	770.81	758.26	758.26
Working Capital	6,452	5,480	4,702	5,397	5,744	3,219
Book Value Per Share	1.91	9.20	8.73	8.35	8.01	6.19
Tangible Book Value	6,384	6,372	6,066	5,882	5,775	4,397
Tangible Book Value Per Share	1.62	8.41	7.93	7.63	7.62	5.80
Buildings	-	908.69	964.87	1,006	1,114	537.36
Machinery	-	1,341	1,279	1,117	951.11	722.84
Construction In Progress	-	0.79	0.77	19.74	0	410.86