SHE:002737 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	1,104	852.82	1,040	2,287	2,399	1,320
Short-Term Investments	-	-	-	-	-	304.42
Trading Asset Securities	1,483	1,755	1,258	1,315	1,449	668.69
Cash & Short-Term Investments	2,588	2,608	2,298	3,602	3,847	2,293
Cash Growth	18.40%	13.47%	-36.19%	-6.38%	67.77%	27.52%
Accounts Receivable	251.31	182.31	584.93	110.13	184.25	268.98
Other Receivables	46.02	8.82	14.95	41.42	42.57	12.21
Receivables	297.33	191.13	599.88	151.56	226.82	281.19
Inventory	652.04	617.43	867.31	873.19	632.08	709.64
Prepaid Expenses	-	11.54	31.68	44.3	3.74	8.75
Other Current Assets	101.87	73.61	88.23	116.81	151.03	100.11
Total Current Assets	3,639	3,502	3,886	4,788	4,861	3,393
Property, Plant & Equipment	1,122	1,208	1,311	1,435	1,497	1,577
Long-Term Investments	56.63	94.88	97.12	122.44	141.38	131.32
Goodwill	56.44	56.44	86.98	91.77	91.77	107.6
Other Intangible Assets	327.6	312.73	332.64	345.37	366.52	337.77
Long-Term Deferred Tax Assets	68.89	64.15	37.62	58.92	56.51	55.78
Long-Term Deferred Charges	3.49	6.75	10.03	8.86	6.81	1.87
Other Long-Term Assets	100.55	83.9	64.89	31.39	10.85	30.77
Total Assets	5,374	5,328	5,826	6,882	7,032	5,635

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	415.83	421.62	319.05	734.6	714.48	547.18
Accrued Expenses	45.88	136.84	205.55	233.76	301.01	124.75
Short-Term Debt	177.84	108.49	0.02	14.43	420	200
Current Portion of Leases	-	4.44	4.95	4.46	5.59	3.5
Current Income Taxes Payable	54.35	5.96	4.73	87.53	60.21	43.54
Current Unearned Revenue	300.75	272.57	285.68	297.32	551.54	167.04
Other Current Liabilities	217.73	201.6	207.55	147.8	122.54	166.6
Total Current Liabilities	1,216	1,152	1,028	1,520	2,175	1,253
Long-Term Debt	30	-	-	-	-	33.57
Long-Term Leases	2.89	3	4.03	7.62	10.5	7.01
Long-Term Unearned Revenue	170.41	178.83	199.37	342.08	397.26	389.08
Long-Term Deferred Tax Liabilities	1.75	3.01	4.95	7.61	9.89	17.82
Other Long-Term Liabilities	-	1.3	-	-	-	-
Total Liabilities	1,421	1,338	1,236	1,877	2,593	1,700

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	584	584	584	584	584	584
Additional Paid-In Capital	929.06	929.06	918.43	915.66	889.99	896.7
Retained Earnings	2,285	2,318	2,868	3,252	2,716	2,256
Treasury Stock	-	-	-	-	-	-44
Comprehensive Income & Other	6.06	6.9	9.16	12.28	14.38	16.77
Total Common Equity	3,804	3,838	4,379	4,763	4,205	3,709
Minority Interest	149.23	152.37	210.86	241.25	234	225.72
Shareholders' Equity	3,953	3,991	4,590	5,005	4,439	3,935
Total Liabilities & Equity	5,374	5,328	5,826	6,882	7,032	5,635

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	214	115.93	8.99	26.52	436.08	244.08
Net Cash (Debt)	2,374	2,492	2,289	3,576	3,411	2,049
Net Cash Growth	9.70%	8.85%	-35.97%	4.82%	66.47%	37.72%
Net Cash Per Share	3.86	4.25	3.91	6.13	5.82	3.52
Filing Date Shares Outstanding	654.74	584	584	584	584	587.54
Total Common Shares Outstanding	654.74	584	584	584	584	587.54
Working Capital	2,423	2,350	2,858	3,268	2,686	2,140
Book Value Per Share	5.81	6.57	7.50	8.16	7.20	6.31
Tangible Book Value	3,420	3,469	3,960	4,326	3,746	3,264
Tangible Book Value Per Share	5.22	5.94	6.78	7.41	6.42	5.56
Buildings	-	1,565	1,567	1,612	1,604	1,589
Machinery	-	1,145	1,121	1,075	1,014	982.56
Construction In Progress	-	32.36	30.84	35.7	30.29	19.15