SHE:002631 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	547.36	1,219	969.45	1,291	1,300	945.51
Short-Term Investments	-	430.54	633.9	950.87	272.88	242.45
Trading Asset Securities	499.85	223.2	309.06	203.08	241.51	203.93
Cash & Short-Term Investments	1,047	1,873	1,912	2,445	1,814	1,392
Cash Growth	-23.58%	-2.06%	-21.77%	34.76%	30.33%	-8.62%
Accounts Receivable	62.07	62.42	159.58	199.71	227.11	193.53
Other Receivables	9.31	5.88	5.65	6.43	7.59	20.99
Receivables	71.37	68.3	165.24	206.13	234.7	214.52
Inventory	308.4	347.27	636.17	969.87	1,185	1,153
Other Current Assets	1,027	36.63	31.31	30.69	41.99	30.3
Total Current Assets	2,454	2,325	2,745	3,651	3,276	2,789
Property, Plant & Equipment	241.71	280.89	343.29	389.87	471.35	569.7
Long-Term Investments	144.86	166.6	425.99	353.11	434.06	407.62
Other Intangible Assets	111.95	117.1	117.9	121.37	124.89	132.76
Long-Term Accounts Receivable	-	24.17	27.78	33.2	30.62	26.21
Long-Term Deferred Tax Assets	48.87	50.97	44.91	46.44	38.16	22.69
Long-Term Deferred Charges	6.27	2.8	8.92	12.93	19.68	39.98
Other Long-Term Assets	44.18	23.19	28.44	28.85	6.42	5.12
Total Assets	3,052	2,991	3,742	4,637	4,401	3,994

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	215.61	263.8	330.17	355.89	364.84	377.97
Accrued Expenses	12.2	36.93	45.05	57.64	70.98	69.13
Short-Term Debt	432.43	201.89	350.21	677.39	342.32	64.52
Current Portion of Long-Term Debt	11	-	-	16.41	11.72	7.03
Current Portion of Leases	-	10.1	19.8	14.61	28.12	31.38
Current Income Taxes Payable	5.96	13.48	13.83	14.32	20.9	29.44
Current Unearned Revenue	270.3	318.3	592.82	869.64	944.85	744.13
Other Current Liabilities	72.99	63.17	66.35	61.71	64.42	65.27
Total Current Liabilities	1,020	907.67	1,418	2,068	1,848	1,389
Long-Term Debt	-	-	-	692.74	661.71	627.12
Long-Term Leases	21.37	37.24	53.93	53.63	75.51	114.91
Long-Term Unearned Revenue	0.44	0.34	0.68	-	0.44	1.1
Long-Term Deferred Tax Liabilities	3.59	4.47	6.02	10.75	7.37	5.19
Other Long-Term Liabilities	5.35	5.35	-	2.6	2.56	0.2
Total Liabilities	1,051	955.08	1,479	2,827	2,596	2,137

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	797.28	797.28	797.28	658.66	658.64	658.63
Additional Paid-In Capital	704.33	704.33	704.33	187.68	188.17	188.05
Retained Earnings	500.09	535.56	756.47	865.75	853.75	892.72
Comprehensive Income & Other	-	-	-	96.97	96.98	97
Total Common Equity	2,002	2,037	2,258	1,809	1,798	1,836
Minority Interest	-1.25	-1.34	5.42	0.73	8.02	19.73
Shareholders' Equity	2,000	2,036	2,263	1,810	1,806	1,856
Total Liabilities & Equity	3,052	2,991	3,742	4,637	4,401	3,994

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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	464.8	249.24	423.93	1,455	1,119	844.96
Net Cash (Debt)	582.41	1,624	1,488	989.84	694.67	546.94
Net Cash Growth	-44.29%	9.09%	50.38%	42.49%	27.01%	-34.29%
Net Cash Per Share	0.73	2.04	2.22	1.50	1.06	0.83
Filing Date Shares Outstanding	797.11	797.28	797.28	658.66	658.64	658.63
Total Common Shares Outstanding	797.11	797.28	797.28	658.66	658.64	658.63
Working Capital	1,433	1,417	1,327	1,584	1,428	1,401
Book Value Per Share	2.51	2.56	2.83	2.75	2.73	2.79
Tangible Book Value	1,890	1,920	2,140	1,688	1,673	1,704
Tangible Book Value Per Share	2.37	2.41	2.68	2.56	2.54	2.59
Buildings	-	337.47	339.28	338.91	339.38	339.36
Machinery	-	443.53	451.56	456.17	459.36	465.86
Construction In Progress	-	0.29	2.57	3.76	5.51	2.13