SHE:002550 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	602.15	491.05	439.95	576.23	409.26	617.81
Short-Term Investments	-	76.2	192.9	64.95	-	-
Trading Asset Securities	663.86	594.02	273.83	71.98	67.48	68.23
Cash & Short-Term Investments	1,266	1,161	906.67	713.16	476.73	686.03
Cash Growth	20.60%	28.08%	27.13%	49.59%	-30.51%	-8.58%
Accounts Receivable	239.26	299.1	274.25	275.52	632.87	447.67
Other Receivables	21.01	18.94	23.24	16.9	2.48	2.56
Receivables	260.27	318.04	297.48	292.42	635.35	450.23
Inventory	414.37	372.44	426.81	602.01	536.48	400.63
Prepaid Expenses	-	-	-	-	-	0.01
Other Current Assets	156.05	56.67	62.73	18.39	38.72	33.04
Total Current Assets	2,097	1,908	1,694	1,626	1,687	1,570
Property, Plant & Equipment	697.08	681.93	563.6	561.27	616.39	611.77
Long-Term Investments	51.14	134.16	160.08	203.22	156.78	40.56
Goodwill	11.14	11.14	11.14	11.14	11.14	11.14
Other Intangible Assets	104.72	107.21	109.32	113.14	100.86	106.92
Long-Term Deferred Tax Assets	70.76	66.52	75.26	90.53	101.49	99.42
Long-Term Deferred Charges	200.16	173.03	138.04	93.77	60.33	46.85
Other Long-Term Assets	6.83	4.47	15.3	3.05	71.67	21.81
Total Assets	3,239	3,087	2,830	2,766	2,806	2,508

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	74.62	77.51	88.64	41.18	45.97	71.23
Accrued Expenses	47.68	125.6	88.06	89.7	101.94	99.55
Short-Term Debt	75.55	0.27	21.49	56.31	103.05	93.56
Current Income Taxes Payable	-	0.44	1.53	0.64	0.05	-
Current Unearned Revenue	5.7	7.64	9.68	9.71	15.58	19.67
Other Current Liabilities	150.07	12.75	14	8.28	11.63	12.34
Total Current Liabilities	353.63	224.21	223.39	205.81	278.22	296.35
Long-Term Leases	3.14	3.07	-	-	-	-
Long-Term Unearned Revenue	92.78	88.58	86.46	81.85	89.35	93.42
Long-Term Deferred Tax Liabilities	4.64	4.78	4.02	4.52	4.96	0.47
Total Liabilities	454.19	320.64	313.87	292.17	372.53	390.24

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	1,280	1,280	1,280	1,280	1,280	1,280
Additional Paid-In Capital	38.54	41.42	41.65	41.65	36.29	29.38
Retained Earnings	1,644	1,618	1,369	1,163	1,134	960.89
Treasury Stock	-156.88	-170.86	-170.86	-30.09	-	-145.05
Comprehensive Income & Other	-0.8	-0.55	-2.42	0.36	-0.06	2.23
Total Common Equity	2,805	2,768	2,517	2,455	2,450	2,127
Minority Interest	-20.29	-1.68	-0.87	18.98	-16.95	-9.09
Shareholders' Equity	2,784	2,766	2,517	2,474	2,433	2,118
Total Liabilities & Equity	3,239	3,087	2,830	2,766	2,806	2,508

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	78.69	3.34	21.49	56.31	103.05	93.56
Net Cash (Debt)	1,187	1,158	885.19	656.85	373.69	592.48
Net Cash Growth	13.11%	30.81%	34.76%	75.78%	-36.93%	-16.38%
Net Cash Per Share	0.95	0.93	0.70	0.51	0.29	0.49
Filing Date Shares Outstanding	1,261	1,250	1,250	1,275	1,280	1,280
Total Common Shares Outstanding	1,261	1,250	1,250	1,275	1,280	1,280
Working Capital	1,743	1,684	1,470	1,420	1,409	1,274
Book Value Per Share	2.22	2.21	2.01	1.93	1.91	1.66
Tangible Book Value	2,689	2,650	2,397	2,331	2,338	2,009
Tangible Book Value Per Share	2.13	2.12	1.92	1.83	1.83	1.57
Buildings	-	568.23	498.75	498.75	525.73	524.28
Machinery	-	624.66	568.44	558.3	504.84	461.29
Construction In Progress	-	110.39	61.25	8.19	54.1	39.24