SHE:002603 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	701.74	1,105	853.03	940.51	1,904	995.26
Trading Asset Securities	1,816	764.42	-	205.97	518.38	55.27
Cash & Short-Term Investments	2,518	1,869	853.03	1,146	2,423	1,051
Cash Growth	29.48%	119.14%	-25.60%	-52.68%	130.61%	-32.40%
Accounts Receivable	1,928	1,649	1,390	2,596	2,178	2,361
Other Receivables	16.89	16.09	130.07	5.59	6.54	4.73
Receivables	1,944	1,665	1,520	2,602	2,184	2,366
Inventory	1,478	1,489	1,746	2,459	2,022	1,673
Prepaid Expenses	-	4.66	26.09	93.9	0.7	39.39
Other Current Assets	126.94	178.59	189.28	242.67	624.8	473.65
Total Current Assets	6,067	5,206	4,335	6,544	7,254	5,602
Property, Plant & Equipment	6,603	6,947	7,253	7,311	6,229	5,758
Long-Term Investments	2.45	5.57	6.5	1,651	1,349	1
Goodwill	98.6	103.28	109.51	115.75	-	-
Other Intangible Assets	917.44	791.87	802.57	743.52	724.01	660.5
Long-Term Deferred Tax Assets	157.14	218.35	365.84	183.58	284.43	117
Long-Term Deferred Charges	177.9	260.12	266.88	189.37	107.16	239.33
Other Long-Term Assets	128.97	142.72	180.36	241.39	392.65	527.03
Total Assets	14,153	13,675	13,319	16,979	16,341	12,905

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	1,786	1,468	1,897	2,847	2,061	1,621
Accrued Expenses	203.64	336.31	350.83	419.64	644.78	269.71
Short-Term Debt	-	-	-	600.35	500.35	702.48
Current Portion of Long-Term Debt	-	-	-	201.12	150.12	-
Current Portion of Leases	7.79	9.69	8.24	5.5	5.86	13.43
Current Income Taxes Payable	134.06	36.86	23.46	42.45	242.15	11.38
Current Unearned Revenue	303.6	305.76	272.34	287.52	1,106	301.56
Other Current Liabilities	8.38	51.31	55.26	43.58	140.35	40.7
Total Current Liabilities	2,443	2,208	2,607	4,447	4,850	2,960
Long-Term Debt	-	-	-	599.1	200.15	500.47
Long-Term Leases	13.28	16.04	18.21	13.01	14.97	12.53
Long-Term Unearned Revenue	350.72	359.75	377.92	352.37	335.02	357.84
Long-Term Deferred Tax Liabilities	103.82	109.11	114.25	130.14	10.24	1.39
Total Liabilities	2,911	2,693	3,117	5,541	5,411	3,833

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	1,671	1,671	1,671	1,671	1,671	1,671
Additional Paid-In Capital	-	2,324	2,343	2,343	2,343	2,343
Retained Earnings	7,263	7,002	6,217	7,443	6,926	5,065
Comprehensive Income & Other	2,315	-7.83	-7.12	-6.61	-7.22	-9.71
Total Common Equity	11,249	10,989	10,223	11,450	10,932	9,069
Minority Interest	-7.34	-7.21	-21.4	-11.73	-1.95	3.04
Shareholders' Equity	11,242	10,982	10,202	11,438	10,930	9,072
Total Liabilities & Equity	14,153	13,675	13,319	16,979	16,341	12,905

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	21.07	25.74	26.45	1,419	871.45	1,229
Net Cash (Debt)	2,497	1,844	826.58	-272.6	1,551	-178.37
Net Cash Growth	30.43%	123.04%	-	-	-	-
Net Cash Per Share	1.49	1.10	0.49	-0.16	0.93	-0.11
Filing Date Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Total Common Shares Outstanding	1,671	1,671	1,671	1,671	1,671	1,671
Working Capital	3,624	2,998	1,728	2,097	2,404	2,642
Book Value Per Share	6.73	6.58	6.12	6.85	6.54	5.43
Tangible Book Value	10,233	10,094	9,311	10,590	10,208	8,409
Tangible Book Value Per Share	6.13	6.04	5.57	6.34	6.11	5.03
Buildings	-	5,933	5,668	5,407	4,353	3,620
Machinery	-	3,876	3,581	3,098	2,484	2,005
Construction In Progress	-	890.66	1,197	1,471	1,574	1,950