SHE:002644 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	653.52	524.49	397.89	406.04	397.85	374.94
Trading Asset Securities	-	-	-	-	2	-
Cash & Short-Term Investments	653.52	524.49	397.89	406.04	399.85	374.94
Cash Growth	45.66%	31.82%	-2.01%	1.55%	6.64%	-17.06%
Accounts Receivable	411.43	474.08	413.57	382.65	435.88	344.8
Other Receivables	8.32	19.41	45.59	50.5	62.98	12.34
Receivables	419.75	493.49	459.17	433.15	498.87	357.14
Inventory	310.6	289.84	339.99	369.72	363.26	258.83
Prepaid Expenses	-	0.12	0.04	0.9	-	-
Other Current Assets	56.29	24.79	24.79	29.06	42	43.72
Total Current Assets	1,440	1,333	1,222	1,239	1,304	1,035
Property, Plant & Equipment	965.17	986.96	1,032	1,062	1,068	1,092
Long-Term Investments	64.07	69.93	55.66	64.1	68.67	71.65
Goodwill	9.01	9.01	9.01	9.01	9.01	4.47
Other Intangible Assets	71.13	73.55	76.87	79.55	76.79	71.96
Long-Term Deferred Tax Assets	63.84	65.79	61.81	53.65	53.98	51.11
Long-Term Deferred Charges	1.76	1.84	3.76	7.65	6	0.89
Other Long-Term Assets	7.01	7.66	8.78	13.43	20.41	25.76
Total Assets	2,622	2,547	2,470	2,528	2,606	2,352

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	350.19	263.63	213.09	310.37	314.47	214.3
Accrued Expenses	1.55	19.02	10.21	11.46	28.86	9.9
Short-Term Debt	9.28	21.7	10	10	-	-
Current Portion of Long-Term Debt	1.36	14.7	13.92	13.89	13.4	14.2
Current Portion of Leases	-	1.39	0.82	0.8	0.87	0.5
Current Income Taxes Payable	12.8	8.5	19.08	27.42	44.74	44.26
Current Unearned Revenue	51.33	50.75	16.05	47.02	99.93	35.91
Other Current Liabilities	62.54	60.93	96.56	46.74	40.28	55.78
Total Current Liabilities	489.04	440.62	379.73	467.69	542.54	374.84
Long-Term Debt	8.2	6.2	15	26.6	40.37	53.14
Long-Term Leases	2.84	1.51	1.05	1.35	0.97	0.81
Long-Term Unearned Revenue	226.52	241.4	256.1	260.96	278.15	294.96
Long-Term Deferred Tax Liabilities	2.88	2.3	2.93	3.07	3.18	0.85
Total Liabilities	729.49	692.03	654.81	759.67	865.21	724.59

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	510.66	510.66	510.66	510.66	510.66	510.66
Additional Paid-In Capital	337.39	337.39	337.39	337.38	352.33	343.51
Retained Earnings	1,024	983.95	940.88	896.13	854.47	758.78
Comprehensive Income & Other	0.54	0.66	0.96	1.21	1.6	1.62
Total Common Equity	1,873	1,833	1,790	1,745	1,719	1,615
Minority Interest	19.6	22.79	25.09	23.06	22.17	12.92
Shareholders' Equity	1,893	1,855	1,815	1,768	1,741	1,628
Total Liabilities & Equity	2,622	2,547	2,470	2,528	2,606	2,352

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	21.68	45.49	40.79	52.63	55.6	68.65
Net Cash (Debt)	631.84	479	357.1	353.41	344.26	306.29
Net Cash Growth	51.63%	34.13%	1.04%	2.66%	12.39%	-12.86%
Net Cash Per Share	1.24	0.94	0.70	0.69	0.67	0.60
Filing Date Shares Outstanding	510.81	510.66	510.66	510.66	510.66	510.66
Total Common Shares Outstanding	510.81	510.66	510.66	510.66	510.66	510.66
Working Capital	951.12	892.12	842.16	771.18	761.43	659.79
Book Value Per Share	3.67	3.59	3.51	3.42	3.37	3.16
Tangible Book Value	1,793	1,750	1,704	1,657	1,633	1,538
Tangible Book Value Per Share	3.51	3.43	3.34	3.24	3.20	3.01
Buildings	-	946.04	945.9	938.67	933.74	927.81
Machinery	-	382.57	377.02	366.31	333.01	317.82
Construction In Progress	-	-	1.76	3.3	-	-