SHE:002622 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	Dec '21 Dec 31, 2021
Cash & Equivalents	158.7	136.59	147.69	146.39	120.11	192.34
Trading Asset Securities	-	-	-	0.71	3.39	-
Cash & Short-Term Investments	158.7	136.59	147.69	147.1	123.51	192.34
Cash Growth	26.67%	-7.52%	0.40%	19.10%	-35.79%	-1.06%
Accounts Receivable	24.01	31.48	48.21	37.3	52.06	67.89
Other Receivables	39.93	39.77	40.33	41.05	45.95	95.4
Receivables	63.94	71.25	88.54	78.35	98.01	163.29
Inventory	41.31	41.6	50.75	62.14	53.7	50.84
Prepaid Expenses	-	0.29	0.61	0.51	0.1	0.47
Other Current Assets	15.24	12.39	8.83	14.68	32.35	11.85
Total Current Assets	279.19	262.11	296.42	302.79	307.68	418.8
Property, Plant & Equipment	268.18	291.33	327.08	348.99	331.18	320.73
Long-Term Investments	442.82	438.4	487.32	488.28	608.09	640.44
Goodwill	185.33	185.33	199.67	199.67	199.67	236.37
Other Intangible Assets	44.16	46.97	48.29	47.8	48.11	53.02
Long-Term Deferred Tax Assets	47.89	48.04	47.32	49.9	70.51	52.83
Long-Term Deferred Charges	52.15	55.97	60.13	65.85	36.18	34.62
Other Long-Term Assets	28.84	29.87	31.24	32.62	33.99	35.36
Total Assets	1,349	1,358	1,497	1,536	1,635	1,792

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	Dec '21 Dec 31, 2021
Accounts Payable	46.86	61.7	60.3	60.11	47.92	32.28
Accrued Expenses	29.19	116.46	103.58	79.28	48.73	19.24
Short-Term Debt	190.84	191.03	191.59	120.77	125.38	131.4
Current Portion of Long-Term Debt	127.66	95.75	95.75	178.16	145.25	157.77
Current Portion of Leases	-	36.29	38.72	39.73	44.25	42.22
Current Income Taxes Payable	7.01	1.31	1.3	3.03	0.1	6.86
Current Unearned Revenue	125.19	118.62	124.74	154.09	172.61	157.38
Other Current Liabilities	378.47	282.79	271.1	256.58	271.75	41.66
Total Current Liabilities	905.22	903.94	887.08	891.76	855.98	588.83
Long-Term Debt	-	-	-	-	65.03	123.18
Long-Term Leases	115.98	127.55	151.1	161.34	126	119.29
Long-Term Unearned Revenue	7.88	8.21	8.66	9.11	9.56	10
Long-Term Deferred Tax Liabilities	6.08	6.71	7.6	8.54	10.06	11.29
Other Long-Term Liabilities	-	-	-	-	0.04	60.8
Total Liabilities	1,035	1,046	1,054	1,071	1,067	913.38

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	Dec '21 Dec 31, 2021
Common Stock	840	840	840	840	840	840
Additional Paid-In Capital	20.59	20.59	21.69	21.69	18.82	18.82
Retained Earnings	-546.69	-534.42	-414.99	-377.3	-176.76	80.03
Comprehensive Income & Other	-51.19	-55.45	-48.66	-51.6	-109.56	-79.75
Total Common Equity	262.72	270.73	398.04	432.78	572.5	859.1
Minority Interest	50.68	40.88	45.01	32.36	-3.75	19.68
Shareholders' Equity	313.39	311.61	443.05	465.14	568.75	878.79
Total Liabilities & Equity	1,349	1,358	1,497	1,536	1,635	1,792

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	Dec '21 Dec 31, 2021
Total Debt	434.48	450.61	477.15	500.01	505.91	573.86
Net Cash (Debt)	-275.79	-314.03	-329.46	-352.91	-382.4	-381.52
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.33	-0.37	-0.39	-0.42	-0.46	-0.45
Filing Date Shares Outstanding	834.61	840	840	840	840	840
Total Common Shares Outstanding	834.61	840	840	840	840	840
Working Capital	-626.04	-641.83	-590.65	-588.97	-548.31	-170.03
Book Value Per Share	0.31	0.32	0.47	0.52	0.68	1.02
Tangible Book Value	33.23	38.43	150.07	185.32	324.72	569.71
Tangible Book Value Per Share	0.04	0.05	0.18	0.22	0.39	0.68
Buildings	-	179.36	179.36	179.36	179.36	179.36
Machinery	-	90.14	90.52	89.79	60.13	79.45
Construction In Progress	-	-	-	0.08	7.63	-