SHE:002470 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	1,445	1,365	888.79	1,067	822.91	569.71
Trading Asset Securities	1	0.24	-	0.5	10.31	292.36
Cash & Short-Term Investments	1,446	1,366	888.79	1,068	833.21	862.07
Cash Growth	40.85%	53.65%	-16.77%	28.17%	-3.35%	1.06%
Accounts Receivable	1,063	1,162	685.71	493.86	541.62	534.07
Other Receivables	62.84	53.7	59.83	453.96	1,187	2,024
Receivables	1,125	1,215	745.54	947.82	1,728	2,558
Inventory	2,838	2,849	2,498	2,555	2,684	2,550
Prepaid Expenses	-	0	0.29	0.38	0.8	0.41
Other Current Assets	704.78	737.6	437.82	588.76	939.85	907.26
Total Current Assets	6,114	6,167	4,570	5,160	6,186	6,877
Property, Plant & Equipment	4,119	4,218	4,440	4,488	4,914	5,133
Long-Term Investments	900.81	1,010	1,082	1,225	1,536	1,571
Goodwill	0.11	0.11	0.11	0.11	0.11	0.11
Other Intangible Assets	777.5	800.01	694.38	712.34	714.25	486.64
Long-Term Deferred Tax Assets	33.9	32.81	32.74	36.46	36.76	36.87
Long-Term Deferred Charges	76.55	64.67	3.71	1.82	-	-
Other Long-Term Assets	147.2	144.21	217.46	136.57	98.04	65.36
Total Assets	12,169	12,438	11,040	11,760	13,485	14,170

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	1,639	1,725	1,503	1,955	1,286	1,130
Accrued Expenses	259.99	354.08	377.3	709.35	741.54	550.77
Short-Term Debt	1,997	1,629	1,327	2,670	4,714	5,095
Current Portion of Long-Term Debt	714.59	860.12	928.77	27.19	15	-
Current Portion of Leases	-	8.75	5.86	5.12	4.51	3.7
Current Income Taxes Payable	20.78	13.39	13.63	23.62	27.77	26.98
Current Unearned Revenue	1,688	1,994	1,489	1,501	1,910	1,799
Other Current Liabilities	805.81	1,109	695.57	550.43	475.05	420.45
Total Current Liabilities	7,124	7,693	6,340	7,441	9,174	9,026
Long-Term Debt	2,938	2,381	2,419	1,950	195.52	15
Long-Term Leases	35.69	27.05	10.15	15.13	8.8	11.74
Long-Term Unearned Revenue	112.68	116.68	102.37	105.7	131.1	146.51
Long-Term Deferred Tax Liabilities	3.52	3.8	4.34	7	5.52	2.09
Other Long-Term Liabilities	400.61	16.42	23.64	158.11	928.37	874.43
Total Liabilities	10,614	10,237	8,900	9,677	10,443	10,075

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	3,286	3,286	3,286	3,286	3,286	3,286
Additional Paid-In Capital	1,829	1,829	1,829	1,837	1,837	1,834
Retained Earnings	-3,585	-2,929	-2,964	-3,024	-2,052	-1,070
Comprehensive Income & Other	-57.11	-68.7	-95.74	-87.19	-107.51	-95.32
Total Common Equity	1,473	2,117	2,055	2,012	2,963	3,955
Minority Interest	81.82	83.07	85.2	71.01	78.97	139.31
Shareholders' Equity	1,554	2,200	2,141	2,083	3,042	4,095
Total Liabilities & Equity	12,169	12,438	11,040	11,760	13,485	14,170

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	5,685	4,905	4,690	4,667	4,937	5,125
Net Cash (Debt)	-4,239	-3,540	-3,801	-3,599	-4,104	-4,263
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.28	-1.07	-1.16	-1.10	-1.25	-1.30
Filing Date Shares Outstanding	3,285	3,286	3,286	3,286	3,286	3,286
Total Common Shares Outstanding	3,285	3,286	3,286	3,286	3,286	3,286
Working Capital	-1,010	-1,526	-1,770	-2,281	-2,987	-2,148
Book Value Per Share	0.45	0.64	0.63	0.61	0.90	1.20
Tangible Book Value	694.93	1,317	1,361	1,300	2,249	3,469
Tangible Book Value Per Share	0.21	0.40	0.41	0.40	0.68	1.06
Buildings	-	3,652	3,510	3,445	3,454	3,296
Machinery	-	5,523	5,236	5,000	4,999	4,782
Construction In Progress	-	308.72	547.59	283.93	218.69	249.01