SHE:002636 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	537.59	471.15	669.08	910.34	979.37	1,612
Short-Term Investments	562.99	868.61	283.55	79.24	588.23	-
Trading Asset Securities	180.59	234.98	245.69	223.19	230.91	267.02
Cash & Short-Term Investments	1,281	1,575	1,198	1,213	1,799	1,879
Cash Growth	-16.26%	31.41%	-1.19%	-32.57%	-4.31%	39.09%
Accounts Receivable	2,596	2,117	1,677	1,218	1,336	2,372
Other Receivables	2,152	1.71	28.64	35.56	33.16	34.82
Receivables	4,747	2,119	1,706	1,513	1,510	2,487
Inventory	630.73	365.63	360.18	414.03	394.83	425.51
Prepaid Expenses	-	0	0	0.72	0.46	0.28
Other Current Assets	919.2	15.46	27.92	23.68	80.47	29.97
Total Current Assets	7,578	4,075	3,292	3,164	3,785	4,823
Property, Plant & Equipment	1,625	1,431	1,500	1,650	1,546	1,088
Long-Term Investments	59.09	722	1,151	821.65	344.95	536.2
Goodwill	141.89	141.89	165.77	215.98	237.44	248.44
Other Intangible Assets	209.12	196.45	218.81	244.17	249.57	108.98
Long-Term Deferred Tax Assets	28.23	23.47	23.68	22.67	21.43	11.1
Long-Term Deferred Charges	5.33	7.87	11.72	15.58	19.01	2.6
Other Long-Term Assets	636.24	12.94	0.02	18.46	40.81	47.73
Total Assets	10,283	6,611	6,364	6,153	6,244	6,865

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	3,940	2,571	2,556	2,159	2,133	2,852
Accrued Expenses	69.26	58.31	47.84	46.21	59.15	77.88
Short-Term Debt	5	-	-	-	-	-
Current Portion of Leases	3.01	3.19	1.18	2.77	2.24	1.04
Current Income Taxes Payable	299.01	6.02	2.55	5.33	14.09	18.77
Current Unearned Revenue	107.55	69.7	29.66	29.19	55.31	43.59
Other Current Liabilities	322.48	200.55	170.87	285.77	215.36	95.51
Total Current Liabilities	4,746	2,909	2,809	2,528	2,479	3,089
Long-Term Leases	0.97	0.97	2.89	3.68	5.59	5.49
Long-Term Unearned Revenue	54.52	47.94	47.6	56.35	39.44	24.56
Long-Term Deferred Tax Liabilities	2.37	2.46	4.37	8.1	7.8	9.85
Other Long-Term Liabilities	3.26	3.26	3.26	3.26	15.65	72.16
Total Liabilities	4,807	2,963	2,867	2,600	2,548	3,201

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	728	728	728	728	728	728
Additional Paid-In Capital	191.33	191.33	191.33	191.33	191.33	191.33
Retained Earnings	4,528	2,695	2,456	2,463	2,603	2,578
Comprehensive Income & Other	-1.07	-1.51	0.22	-2.61	-2.79	-3.53
Total Common Equity	5,446	3,613	3,376	3,379	3,520	3,494
Minority Interest	29.82	34.61	121.4	173.67	175.99	170.71
Shareholders' Equity	5,476	3,647	3,497	3,553	3,696	3,665
Total Liabilities & Equity	10,283	6,611	6,364	6,153	6,244	6,865

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	8.98	4.16	4.07	6.45	7.83	6.53
Net Cash (Debt)	1,272	1,571	1,194	1,206	1,791	1,873
Net Cash Growth	-16.64%	31.51%	-1.00%	-32.63%	-4.39%	45.89%
Net Cash Per Share	1.74	2.16	1.64	1.65	2.47	2.57
Filing Date Shares Outstanding	728	728	728	728	728	728
Total Common Shares Outstanding	728	728	728	728	728	728
Working Capital	2,832	1,166	483.62	635.78	1,305	1,734
Book Value Per Share	7.48	4.96	4.64	4.64	4.84	4.80
Tangible Book Value	5,095	3,274	2,991	2,919	3,033	3,137
Tangible Book Value Per Share	7.00	4.50	4.11	4.01	4.17	4.31
Buildings	-	1,184	1,252	1,333	1,121	831.42
Machinery	-	1,345	1,414	1,396	1,278	925.9
Construction In Progress	-	171.45	37.94	46.83	139.06	231.77