SHE:002454 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	809.04	1,644	1,559	1,110	724.61	760.95
Trading Asset Securities	1,148	1,009	763.14	941.93	871.62	871.48
Cash & Short-Term Investments	1,957	2,653	2,323	2,052	1,596	1,632
Cash Growth	-13.76%	14.24%	13.17%	28.57%	-2.22%	33.53%
Accounts Receivable	2,877	2,710	2,685	2,202	2,328	2,384
Other Receivables	19.11	19.72	10.54	29.95	12.9	10.95
Receivables	2,896	2,730	2,696	2,232	2,341	2,394
Inventory	911.54	1,006	922.86	860.91	920.85	761.41
Prepaid Expenses	-	0.18	0.98	1.49	-	-
Other Current Assets	37.99	60.08	58.12	68.06	44.39	53.18
Total Current Assets	5,803	6,450	6,000	5,215	4,903	4,841
Property, Plant & Equipment	1,523	1,483	1,462	1,457	1,416	1,464
Long-Term Investments	164.23	110.27	23.04	64.55	91.75	103.87
Goodwill	75.25	75.25	93.69	106.1	114.1	122.65
Other Intangible Assets	247.22	283.59	290.38	296.78	301.68	224.71
Long-Term Deferred Tax Assets	122.23	127.41	133.14	134.47	122.13	111.63
Long-Term Deferred Charges	1.75	0.6	0.18	1.35	1.03	1.69
Other Long-Term Assets	87.51	121.05	121.56	97.16	97.16	58.65
Total Assets	8,024	8,651	8,124	7,372	7,046	6,928

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	2,794	3,454	3,137	2,557	2,393	2,311
Accrued Expenses	59.52	266.54	143.24	139.16	116.06	127.16
Short-Term Debt	-	-	16	28.98	30.82	24.46
Current Portion of Leases	-	1.93	1.47	-	2.08	0.96
Current Income Taxes Payable	17.15	10.88	6.07	9.18	9.24	7.02
Current Unearned Revenue	255.06	178.14	229.5	145.23	143.97	159.66
Other Current Liabilities	278.96	142.19	48.33	34.15	52.92	89.13
Total Current Liabilities	3,405	4,054	3,581	2,914	2,748	2,719
Long-Term Leases	0.8	17.64	18.27	25.83	26.04	22.1
Long-Term Unearned Revenue	24.62	21.96	20.57	24.22	27.05	26.91
Long-Term Deferred Tax Liabilities	3.62	15.12	16.05	19.03	14.38	16.65
Other Long-Term Liabilities	-	-	59.45	44.15	41.76	39.97
Total Liabilities	3,434	4,109	3,696	3,027	2,857	2,825

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	879.07	628.58	628.58	628.58	628.58	628.58
Additional Paid-In Capital	490.22	740.71	739.57	742.38	742.38	742.59
Retained Earnings	2,695	2,661	2,570	2,471	2,390	2,321
Treasury Stock	-14.57	-14.57	-14.57	-0.74	-	-
Comprehensive Income & Other	-6.97	-8.38	-8.19	-6.94	-8.94	-3.19
Total Common Equity	4,043	4,007	3,916	3,835	3,752	3,689
Minority Interest	546.59	534.81	512.73	510.63	436.6	415.05
Shareholders' Equity	4,590	4,542	4,428	4,345	4,189	4,104
Total Liabilities & Equity	8,024	8,651	8,124	7,372	7,046	6,928

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	1.05	19.57	35.74	54.81	58.94	47.52
Net Cash (Debt)	1,956	2,634	2,287	1,997	1,537	1,585
Net Cash Growth	-13.12%	15.17%	14.49%	29.93%	-3.00%	29.64%
Net Cash Per Share	2.21	2.97	2.63	2.29	1.74	1.81
Filing Date Shares Outstanding	877.79	876.72	876.72	876.72	880.01	880.01
Total Common Shares Outstanding	877.79	876.72	876.72	876.72	880.01	880.01
Working Capital	2,398	2,396	2,419	2,301	2,154	2,123
Book Value Per Share	4.61	4.57	4.47	4.37	4.26	4.19
Tangible Book Value	3,721	3,649	3,532	3,432	3,337	3,341
Tangible Book Value Per Share	4.24	4.16	4.03	3.91	3.79	3.80
Buildings	-	1,176	1,172	1,117	1,033	953.62
Machinery	-	1,146	1,134	1,052	967.67	921.36
Construction In Progress	-	117.67	61.23	79.97	131.41	207.03