SHE:002586 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	863	1,260	1,301	686.5	680.31	303.17
Trading Asset Securities	0.41	-	1.21	-	-	-
Cash & Short-Term Investments	863.41	1,260	1,302	686.5	680.31	303.17
Cash Growth	-7.03%	-3.21%	89.65%	0.91%	124.40%	-21.45%
Accounts Receivable	1,497	1,543	1,915	1,935	2,216	2,917
Other Receivables	951.33	1,231	1,169	1,307	1,034	915.24
Receivables	2,449	2,774	3,085	3,242	3,250	3,832
Inventory	3.19	6.18	90.62	39.11	49.64	36.53
Prepaid Expenses	-	-	-	-	0.12	-
Other Current Assets	454.42	43	41.97	48.04	145.14	144.06
Total Current Assets	3,770	4,083	4,519	4,016	4,125	4,316
Property, Plant & Equipment	168.05	181.94	225.07	292.96	310.38	325.15
Long-Term Investments	43.88	158.39	164.16	238.46	325.17	309.4
Goodwill	-	-	-	7.05	7.05	251.72
Other Intangible Assets	2.27	2.54	3.05	41.24	49.25	58.37
Long-Term Deferred Tax Assets	154.79	171.86	183.01	157.91	134.86	142.82
Long-Term Deferred Charges	-	1.01	3.56	2.37	2.94	3.34
Other Long-Term Assets	1,890	1,798	2,477	2,929	3,287	3,474
Total Assets	6,029	6,397	7,576	7,685	8,242	8,881

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	1,459	1,807	2,094	1,963	2,069	2,069
Accrued Expenses	5.26	205.1	312.95	321.16	325.81	404.64
Short-Term Debt	12.93	30.01	581.78	646.7	675.95	1,183
Current Portion of Long-Term Debt	28	44.16	56.5	72.03	124.69	237.82
Current Portion of Leases	-	-	0.13	1.04	-	-
Current Income Taxes Payable	219.37	22.56	46.48	121.55	124.71	95.78
Current Unearned Revenue	179.73	105.11	222.65	193.07	159.38	84.26
Other Current Liabilities	759.57	721.71	1,033	930.88	1,085	723.41
Total Current Liabilities	2,664	2,935	4,347	4,250	4,564	4,798
Long-Term Debt	157.75	209.74	265.28	303.57	341.65	341.65
Long-Term Leases	-	-	0.21	3.1	0.33	1.27
Long-Term Unearned Revenue	0.21	0.36	-	-	-	-
Long-Term Deferred Tax Liabilities	1.01	1.01	2.72	3.6	3.57	1.7
Other Long-Term Liabilities	32.56	55.73	17.01	17.01	19.99	18.62
Total Liabilities	2,856	3,202	4,632	4,577	4,930	5,161

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	1,144	1,144	1,144	1,144	1,144	1,144
Additional Paid-In Capital	-	4,259	4,259	4,259	4,259	3,315
Retained Earnings	-2,270	-2,289	-2,562	-2,411	-2,267	-943.1
Comprehensive Income & Other	4,321	101.05	91.62	74.61	73.98	61.07
Total Common Equity	3,195	3,215	2,932	3,066	3,210	3,577
Minority Interest	-21.53	-19.98	11.19	41.36	101.74	142.73
Shareholders' Equity	3,173	3,195	2,943	3,108	3,312	3,720
Total Liabilities & Equity	6,029	6,397	7,576	7,685	8,242	8,881

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	198.68	283.91	903.89	1,026	1,143	1,764
Net Cash (Debt)	664.73	976.27	398.06	-339.94	-462.3	-1,460
Net Cash Growth	37.76%	145.26%	-	-	-	-
Net Cash Per Share	0.58	0.85	0.35	-0.30	-0.40	-1.27
Filing Date Shares Outstanding	1,144	1,144	1,144	1,144	1,144	1,144
Total Common Shares Outstanding	1,144	1,144	1,144	1,144	1,144	1,144
Working Capital	1,105	1,148	172.43	-233.66	-439.44	-481.76
Book Value Per Share	2.79	2.81	2.56	2.68	2.81	3.13
Tangible Book Value	3,192	3,213	2,929	3,018	3,154	3,267
Tangible Book Value Per Share	2.79	2.81	2.56	2.64	2.76	2.86
Buildings	-	239.83	344.35	389.19	387.81	386.03
Machinery	-	78.03	110.06	109.35	52.64	112.72
Construction In Progress	-	-	0.32	-	0.98	-