SHE:002607 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	108.52	77.75	293.04	378.48	385.33	1,970
Short-Term Investments	-	-	-	-	-	217.16
Trading Asset Securities	0.01	0.01	2.61	-	-	346.73
Cash & Short-Term Investments	108.54	77.76	295.65	378.48	385.33	2,534
Cash Growth	4.09%	-73.70%	-21.88%	-1.78%	-84.80%	-72.52%
Accounts Receivable	7.07	14.69	27.55	32.32	37.32	40.37
Other Receivables	161.96	125.22	235.46	81.2	193.62	-
Receivables	169.03	139.91	263.01	113.52	230.94	40.37
Inventory	6.54	4.48	-	-	-	-
Prepaid Expenses	-	-	-	-	4.32	10.26
Other Current Assets	192.46	5.55	2.06	3.51	0.8	30.48
Total Current Assets	476.57	227.7	560.71	495.51	621.39	2,615
Property, Plant & Equipment	1,949	1,993	2,299	2,707	3,406	3,407
Long-Term Investments	103.81	103.96	127.54	201.24	197.22	215.37
Goodwill	99.87	99.87	99.87	99.87	99.87	99.87
Other Intangible Assets	816.15	838.43	983.64	1,053	1,162	866.63
Long-Term Deferred Tax Assets	333.74	378.32	429	533.21	602.28	424.03
Long-Term Deferred Charges	5.92	40.3	106.36	178.58	285.13	369.13
Other Long-Term Assets	1,999	2,007	1,904	1,871	1,653	2,307
Total Assets	5,784	5,688	6,510	7,140	8,027	10,305

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	130.2	187.68	197.89	234.03	287.09	282.03
Accrued Expenses	366.19	598.76	561.72	289.65	683.91	487.07
Short-Term Debt	48.87	54.34	450.21	1,016	959.24	3,153
Current Portion of Long-Term Debt	1,052	486.78	654.82	17.69	-	-
Current Portion of Leases	-	209	385.62	629.63	578.82	531.88
Current Income Taxes Payable	125.35	6.17	3.04	2.83	2.16	7.2
Current Unearned Revenue	1,593	1,650	1,873	2,953	3,950	3,064
Other Current Liabilities	997.29	776.2	790.08	157.47	189.39	162.15
Total Current Liabilities	4,313	3,969	4,917	5,301	6,650	7,687
Long-Term Debt	476.79	701.15	558.93	931.03	-	-
Long-Term Leases	79.32	128.78	141.34	247.2	508.75	635.69
Long-Term Deferred Tax Liabilities	78.71	78.64	89.07	93.28	88.42	93.71
Other Long-Term Liabilities	29.39	53.9	79.43	-	-	-
Total Liabilities	4,977	4,931	5,786	6,573	7,248	8,416

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	104.01	103.81	103.81	103.81	103.81	103.81
Additional Paid-In Capital	1,225	1,225	1,225	1,225	1,225	1,225
Retained Earnings	-478.68	-528.75	-577.64	-765.22	-555.79	546.33
Comprehensive Income & Other	-43.27	-43.27	-27.21	3.08	6.38	13.2
Total Common Equity	807.5	757.24	724.4	567.1	779.87	1,889
Minority Interest	-0.79	0.05	0.14	-	-0.04	-0.04
Shareholders' Equity	806.71	757.28	724.54	567.1	779.83	1,889
Total Liabilities & Equity	5,784	5,688	6,510	7,140	8,027	10,305

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	1,657	1,580	2,191	2,842	2,047	4,321
Net Cash (Debt)	-1,548	-1,502	-1,895	-2,463	-1,661	-1,786
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.89	-0.31	-0.31	-0.35	-0.27	-0.29
Filing Date Shares Outstanding	375.25	6,167	6,167	6,167	6,167	6,167
Total Common Shares Outstanding	375.25	6,167	6,167	6,167	6,167	6,167
Working Capital	-3,836	-3,741	-4,356	-4,806	-6,029	-5,072
Book Value Per Share	2.15	0.12	0.12	0.09	0.13	0.31
Tangible Book Value	-108.51	-181.06	-359.11	-585.98	-482.26	922.32
Tangible Book Value Per Share	-0.29	-0.03	-0.06	-0.10	-0.08	0.15
Buildings	-	1,867	1,929	1,962	2,168	1,798
Machinery	-	294.99	298.25	314.37	327.45	327.25
Construction In Progress	-	255.9	265.91	276.73	323.27	294.79