SHE:002546 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	110.55	360.19	274.62	363.44	339.25	316.26
Short-Term Investments	-	-	31.14	-	46.26	-
Trading Asset Securities	3,508	3,108	2,551	2,191	2,135	2,137
Cash & Short-Term Investments	3,619	3,468	2,857	2,554	2,521	2,453
Cash Growth	8.60%	21.40%	11.87%	1.31%	2.75%	-7.50%
Accounts Receivable	310.07	291.58	316.68	350.92	295.08	290.34
Other Receivables	2.68	4.99	6.81	1.92	2.17	2.5
Receivables	312.75	296.57	323.5	352.84	297.25	292.84
Inventory	189.68	114.76	167.6	211.7	187.33	102.44
Prepaid Expenses	-	-	-	-	-	0.58
Other Current Assets	7.01	12.43	4.87	29.79	19.52	5.26
Total Current Assets	4,128	3,892	3,353	3,148	3,025	2,855
Property, Plant & Equipment	74.74	100.25	108.72	123.43	137.55	144.46
Long-Term Investments	13.65	14.88	64.62	91.69	270.15	425.07
Other Intangible Assets	26.24	38.1	40.33	42.25	43.89	46.82
Long-Term Deferred Tax Assets	22.38	22.33	41.7	54.9	37.97	20.6
Long-Term Deferred Charges	1.42	1.18	2.28	3.9	6.12	8.31
Other Long-Term Assets	32.38	78.21	86.3	96.58	103.65	114.45
Total Assets	4,299	4,147	3,697	3,561	3,624	3,614

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	260.32	186.81	216.95	220.4	248.21	159.89
Accrued Expenses	21.32	17.37	16.95	17.11	37.49	18.89
Short-Term Debt	24.02	24.02	24.02	24.02	20.02	20.03
Current Income Taxes Payable	-	2.85	12.6	-	10.19	18.14
Current Unearned Revenue	11.89	23.96	61.08	80.15	48.72	44.58
Other Current Liabilities	17.82	9.2	8.56	10.05	8.63	15.53
Total Current Liabilities	335.37	264.21	340.15	351.73	373.26	277.06
Long-Term Unearned Revenue	0.91	4.83	5.54	6.25	6.97	7.68
Long-Term Deferred Tax Liabilities	23.5	49.01	1.92	5.65	4.44	1.76
Total Liabilities	359.78	318.05	347.61	363.63	384.66	286.51

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	834.05	834.05	834.05	834.05	834.05	834.05
Additional Paid-In Capital	1,238	1,237	1,236	1,237	1,227	1,227
Retained Earnings	1,837	1,723	1,245	1,078	1,116	1,205
Comprehensive Income & Other	-	-	-	11.52	13.05	9.62
Total Common Equity	3,909	3,794	3,315	3,161	3,190	3,276
Minority Interest	29.57	35.03	34.74	36.59	49.42	51.98
Shareholders' Equity	3,939	3,829	3,349	3,197	3,240	3,328
Total Liabilities & Equity	4,299	4,147	3,697	3,561	3,624	3,614

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	24.02	24.02	24.02	24.02	20.02	20.03
Net Cash (Debt)	3,595	3,444	2,833	2,530	2,501	2,433
Net Cash Growth	8.83%	21.58%	11.98%	1.16%	2.77%	-7.56%
Net Cash Per Share	4.28	4.11	3.40	2.86	2.24	2.94
Filing Date Shares Outstanding	799.08	834.05	834.05	834.05	834.05	834.05
Total Common Shares Outstanding	799.08	834.05	834.05	834.05	834.05	834.05
Working Capital	3,793	3,628	3,013	2,797	2,652	2,577
Book Value Per Share	4.89	4.55	3.97	3.79	3.83	3.93
Tangible Book Value	3,883	3,756	3,274	3,119	3,146	3,229
Tangible Book Value Per Share	4.86	4.50	3.93	3.74	3.77	3.87
Buildings	-	216.66	214.67	213.37	213.04	208.75
Machinery	-	199.07	201.9	199.63	197.14	188.85
Construction In Progress	-	4.82	3.27	4.74	5.55	3.45