SHE:002400 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	1,065	2,516	1,658	1,777	878.61	1,438
Short-Term Investments	-	169.53	152.99	309.93	449.48	-
Trading Asset Securities	34	125.16	50.92	1.8	1.8	1.8
Cash & Short-Term Investments	1,099	2,811	1,862	2,088	1,330	1,440
Cash Growth	29.46%	50.94%	-10.84%	57.04%	-7.64%	20.83%
Accounts Receivable	8,820	6,642	5,068	4,457	4,172	3,051
Other Receivables	177.69	147.03	112.26	125.11	154.87	164.29
Receivables	8,998	6,789	5,180	4,582	4,327	3,215
Inventory	1.77	1.53	2.4	2.23	4.17	4.32
Prepaid Expenses	-	7.75	0.73	3.89	2.62	4.21
Other Current Assets	1,801	875.08	874.94	1,130	891.19	621.52
Total Current Assets	11,900	10,484	7,920	7,806	6,555	5,285
Property, Plant & Equipment	862.3	903.14	814.35	987.46	948.7	694.07
Long-Term Investments	996.58	1,142	954.73	972.01	947.43	934.46
Goodwill	378.23	301.66	341.73	341.73	341.73	480.95
Other Intangible Assets	7.18	13.93	31.91	53.37	74.46	96.83
Long-Term Deferred Tax Assets	232.23	191.22	182.15	187.16	167.3	164.22
Long-Term Deferred Charges	20.64	17.01	6.87	7.54	8.72	11.46
Other Long-Term Assets	139.76	139.76	256.08	273.48	258.49	257.49
Total Assets	14,537	13,193	10,508	10,629	9,302	7,925

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	4,857	4,463	3,156	3,404	2,928	2,445
Accrued Expenses	24.4	177.21	170.18	196.51	161.46	145.7
Short-Term Debt	3,028	2,447	1,180	837.46	519.5	6
Current Portion of Long-Term Debt	52.78	-	-	-	-	-
Current Portion of Leases	-	45.37	23.12	49.32	41.29	15.36
Current Income Taxes Payable	31.97	55.72	24.2	58.76	90.03	64.06
Current Unearned Revenue	991.79	407.75	596.89	563.84	211.48	248.8
Other Current Liabilities	396.81	346.47	250.22	282.38	227.65	172.42
Total Current Liabilities	9,383	7,942	5,401	5,392	4,179	3,097
Long-Term Leases	108.78	136.09	101.76	234.75	168.53	9.6
Long-Term Unearned Revenue	-	-	-	-	-	0.07
Long-Term Deferred Tax Liabilities	15.3	15.3	0.86	-	17.36	19.85
Other Long-Term Liabilities	23.71	23.71	24.02	24.02	25.87	25.87
Total Liabilities	9,531	8,117	5,528	5,651	4,391	3,152

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	1,743	1,743	1,743	1,743	1,743	1,743
Additional Paid-In Capital	1,354	1,360	1,360	1,367	1,367	1,403
Retained Earnings	1,760	1,805	1,760	1,699	1,610	1,412
Comprehensive Income & Other	87.87	97.4	67.92	65.12	79.2	72.45
Total Common Equity	4,946	5,006	4,931	4,875	4,800	4,631
Minority Interest	60.03	69.69	49.55	102.62	110.56	142.18
Shareholders' Equity	5,006	5,076	4,981	4,978	4,910	4,773
Total Liabilities & Equity	14,537	13,193	10,508	10,629	9,302	7,925

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	3,190	2,628	1,305	1,122	729.32	30.96
Net Cash (Debt)	-2,091	182.42	557.13	966.89	600.57	1,409
Net Cash Growth	-	-67.26%	-42.38%	60.99%	-57.38%	69.53%
Net Cash Per Share	-1.20	0.10	0.32	0.55	0.34	0.84
Filing Date Shares Outstanding	1,752	1,743	1,743	1,743	1,743	1,743
Total Common Shares Outstanding	1,752	1,743	1,743	1,743	1,743	1,743
Working Capital	2,517	2,542	2,519	2,414	2,375	2,189
Book Value Per Share	2.82	2.87	2.83	2.80	2.75	2.66
Tangible Book Value	4,560	4,691	4,557	4,480	4,384	4,053
Tangible Book Value Per Share	2.60	2.69	2.61	2.57	2.51	2.32
Buildings	-	879.49	817.56	816.32	813.52	724.16
Machinery	-	66.06	65.91	70.08	70.19	68.89