SHE:002472 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	1,923	2,490	1,407	993.06	1,605	463.09
Trading Asset Securities	1,381	221.19	-	-	-	-
Cash & Short-Term Investments	3,303	2,712	1,407	993.06	1,605	463.09
Cash Growth	18.39%	92.67%	41.72%	-38.13%	246.60%	15.93%
Accounts Receivable	3,368	3,207	2,982	2,371	2,010	1,572
Other Receivables	102.74	72.85	246.81	9.24	12.88	2.24
Receivables	3,470	3,280	3,229	2,380	2,023	1,574
Inventory	2,439	2,226	2,031	1,824	1,823	1,531
Prepaid Expenses	-	-	0.06	-	-	-
Other Current Assets	243.52	222.96	135.88	126	194.89	193.03
Total Current Assets	9,457	8,440	6,803	5,324	5,646	3,761
Property, Plant & Equipment	10,484	9,433	8,345	7,171	6,576	5,557
Long-Term Investments	85.84	237.74	87.46	83.26	81.66	165.16
Goodwill	60.22	60.22	60.63	69.48	61.85	-
Other Intangible Assets	505.89	515.58	499.24	452.68	415.63	259.4
Long-Term Accounts Receivable	-	1.72	1.72	-	-	-
Long-Term Deferred Tax Assets	34.1	26.73	20.58	18.38	86.55	62.68
Long-Term Deferred Charges	35.64	41.31	41.58	52.42	26.55	16.65
Other Long-Term Assets	572.54	5.48	7.21	0.11	0.81	1.51
Total Assets	21,235	18,763	15,867	13,171	12,895	9,823

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	3,650	3,039	2,626	2,028	1,881	1,480
Accrued Expenses	215.35	338.39	338.32	291.89	230.09	182.37
Short-Term Debt	4,192	3,122	1,990	916.75	1,068	1,925
Current Portion of Long-Term Debt	147.39	573.86	179.11	340.38	439.61	327.42
Current Portion of Leases	-	18.23	16.2	16.81	34.51	19.43
Current Income Taxes Payable	118.43	100.9	59.96	48.47	5.64	4.74
Current Unearned Revenue	51.39	35.82	31.5	43.57	26.48	20.49
Other Current Liabilities	279.49	124	319.75	99.02	157.22	19.36
Total Current Liabilities	8,654	7,353	5,561	3,785	3,843	3,979
Long-Term Debt	644.67	273.99	529.23	575.66	1,143	523.52
Long-Term Leases	11.7	12.71	25.08	38.1	24.3	11.57
Long-Term Unearned Revenue	585.88	471.03	385.93	344.67	254.47	222.66
Long-Term Deferred Tax Liabilities	130.12	142.17	127.45	90.18	146.81	93.99
Total Liabilities	10,026	8,253	6,628	4,833	5,411	4,831

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	850	849.77	847.45	853.33	850.4	777.69
Additional Paid-In Capital	4,506	4,419	4,451	4,597	4,355	2,487
Retained Earnings	5,316	4,736	3,817	2,893	2,144	1,609
Treasury Stock	-	-	-299.96	-379.96	-	-
Comprehensive Income & Other	-9.81	12.3	-0.33	-0.41	-0.04	0.14
Total Common Equity	10,663	10,018	8,815	7,964	7,350	4,874
Minority Interest	545.85	492.3	423.63	374.2	134.19	118.59
Shareholders' Equity	11,208	10,510	9,238	8,338	7,484	4,993
Total Liabilities & Equity	21,235	18,763	15,867	13,171	12,895	9,823

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	4,996	4,001	2,739	1,888	2,709	2,807
Net Cash (Debt)	-1,692	-1,290	-1,332	-894.64	-1,104	-2,344
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.00	-1.53	-1.59	-1.06	-1.39	-3.30
Filing Date Shares Outstanding	850	849.77	837.19	835.71	850.4	777.69
Total Common Shares Outstanding	850	849.77	837.06	842.94	850.4	777.69
Working Capital	802.5	1,088	1,243	1,539	1,804	-217.8
Book Value Per Share	12.54	11.79	10.53	9.45	8.64	6.27
Tangible Book Value	10,097	9,442	8,255	7,441	6,872	4,615
Tangible Book Value Per Share	11.88	11.11	9.86	8.83	8.08	5.93
Buildings	-	1,941	1,569	1,229	1,199	1,168
Machinery	-	9,795	8,431	7,185	6,532	5,322
Construction In Progress	-	2,182	2,060	1,838	1,410	1,122