SHE:002469 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	531	598.34	474.14	1,120	1,075	1,373
Short-Term Investments	572.59	365.47	633.66	261.11	180.96	-
Trading Asset Securities	65	-	251.63	100.4	200.21	-
Cash & Short-Term Investments	1,169	963.81	1,359	1,481	1,457	1,373
Cash Growth	31.49%	-29.10%	-8.23%	1.70%	6.05%	-4.85%
Accounts Receivable	552.87	664.78	441.71	531.14	598.72	872.33
Other Receivables	102.37	13.15	14.67	16.86	24.55	13.46
Receivables	655.24	677.92	456.38	548	623.26	885.79
Inventory	373.58	298.75	243.74	200.54	178.56	139.66
Other Current Assets	232.58	119.27	112.73	40.96	140.37	111.21
Total Current Assets	2,430	2,060	2,172	2,271	2,399	2,510
Property, Plant & Equipment	521.25	555.35	544.51	576.93	557.25	583.18
Long-Term Investments	403.06	966.79	767.58	484.17	235.87	1.38
Goodwill	-	-	-	19.25	19.25	19.25
Other Intangible Assets	89.76	94.91	102.42	108.94	107.48	120.23
Long-Term Deferred Tax Assets	19.38	20.3	19.8	19.74	18.59	19.83
Long-Term Deferred Charges	-	-	-	-	-	0.09
Other Long-Term Assets	10.72	3.9	20.08	1.97	9.14	12.82
Total Assets	3,474	3,701	3,627	3,482	3,346	3,267

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	479.51	524.95	307.16	257.99	305.13	278.66
Accrued Expenses	12.03	32.8	55.97	44.45	46.32	57.22
Short-Term Debt	20.97	120.97	150	-	-	-
Current Portion of Leases	20.72	18.67	17.72	17.67	16.69	16.01
Current Income Taxes Payable	12.33	10.67	22.69	17.86	9.87	13
Current Unearned Revenue	129.56	120.36	110.81	158.85	116.12	140.68
Other Current Liabilities	42.05	33.16	20.66	31.64	26.64	53.03
Total Current Liabilities	717.16	861.58	685.01	528.45	520.78	558.59
Long-Term Leases	31.71	43.65	57.05	70.79	81.72	90.4
Long-Term Unearned Revenue	3.6	4.15	-	-	-	-
Long-Term Deferred Tax Liabilities	5.94	6.38	7.55	9.95	12.63	15.06
Other Long-Term Liabilities	6.99	8.03	9.75	11.81	15.1	18.19
Total Liabilities	765.4	923.8	759.36	621.01	630.23	682.24

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	648.86	648.86	648.86	648.86	648.86	648.86
Additional Paid-In Capital	645.72	645.72	645.72	645.72	645.72	645.72
Retained Earnings	1,266	1,339	1,413	1,409	1,289	1,178
Comprehensive Income & Other	20.56	15.77	17.12	14.09	11.44	8.21
Total Common Equity	2,581	2,650	2,724	2,718	2,595	2,480
Minority Interest	127.71	127.39	143.1	142.73	120.58	104.25
Shareholders' Equity	2,709	2,777	2,867	2,861	2,716	2,585
Total Liabilities & Equity	3,474	3,701	3,627	3,482	3,346	3,267

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	73.4	183.29	224.78	88.46	98.41	106.41
Net Cash (Debt)	1,095	780.52	1,135	1,393	1,358	1,267
Net Cash Growth	36.10%	-31.21%	-18.54%	2.56%	7.19%	-12.22%
Net Cash Per Share	1.70	1.21	1.73	2.12	2.08	1.95
Filing Date Shares Outstanding	648.86	648.86	648.86	648.86	648.86	648.86
Total Common Shares Outstanding	648.86	648.86	648.86	648.86	648.86	648.86
Working Capital	1,713	1,198	1,487	1,742	1,878	1,951
Book Value Per Share	3.98	4.08	4.20	4.19	4.00	3.82
Tangible Book Value	2,491	2,555	2,622	2,590	2,469	2,341
Tangible Book Value Per Share	3.84	3.94	4.04	3.99	3.80	3.61
Buildings	-	337.54	337.54	337.39	331.88	331.89
Machinery	-	840.07	749.71	744.12	633.02	643.33
Construction In Progress	-	4.6	37.01	11.04	44.61	5.37