SHE:002749 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	894.24	1,137	1,420	1,249	1,016	1,155
Trading Asset Securities	20	-	-	-	-	-
Cash & Short-Term Investments	914.24	1,137	1,420	1,249	1,016	1,155
Cash Growth	-17.97%	-19.97%	13.74%	22.93%	-12.01%	21.97%
Accounts Receivable	123.75	93.45	89.33	83.27	91.02	66.72
Other Receivables	9.16	17.85	17.83	8.97	11.18	21.85
Receivables	132.91	111.29	107.16	92.23	102.2	88.56
Inventory	406.91	352.89	359.67	353.29	386.86	260.8
Prepaid Expenses	-	1.2	3.06	1.36	0.15	0.33
Other Current Assets	42.11	26.07	33.66	172.21	25.22	20.89
Total Current Assets	1,496	1,628	1,924	1,868	1,530	1,525
Property, Plant & Equipment	582.57	532.75	520.11	494	452.22	336.92
Long-Term Investments	8	8	8	8.2	3.2	3.2
Goodwill	56.38	56.38	56.38	56.38	56.38	11.86
Other Intangible Assets	130.73	140.05	154.15	169.22	165.89	63.81
Long-Term Deferred Tax Assets	28.44	27.89	23.02	22.85	17.25	13.7
Long-Term Deferred Charges	1.24	4.51	8.33	8.7	0.75	-
Other Long-Term Assets	53	35.84	26.85	29.56	32.78	20.54
Total Assets	2,357	2,434	2,721	2,657	2,259	1,975

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	138.04	83.04	113.54	79.25	59.56	45.19
Accrued Expenses	72.76	121.49	114.44	99.66	82.51	73.66
Short-Term Debt	-	-	-	46.02	25.13	12.75
Current Portion of Leases	-	7.83	6.96	7.15	-	-
Current Income Taxes Payable	10.05	49.11	14.81	14.18	11.26	10.72
Current Unearned Revenue	48.81	59.22	48.21	46.38	58.93	67.88
Other Current Liabilities	64.15	70.25	69.29	40.02	47.72	45.39
Total Current Liabilities	338.4	390.94	367.26	332.66	285.1	255.58
Long-Term Debt	-	-	-	306.13	288.56	271.27
Long-Term Leases	7.78	10.53	16.83	20.22	0.68	-
Long-Term Unearned Revenue	24.6	20.82	20.37	19.23	21.63	27.97
Long-Term Deferred Tax Liabilities	12.95	14.8	16.53	18.74	16.54	4.07
Other Long-Term Liabilities	-	-	1.07	0.8	1	-
Total Liabilities	383.73	437.09	422.06	697.78	613.52	558.89

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	556.47	466.36	468.28	434.89	435.46	435.63
Additional Paid-In Capital	363.1	468.41	486.68	86.21	84.78	55.29
Retained Earnings	873.98	899.5	1,186	1,196	912.16	881.93
Treasury Stock	-17.24	-32.13	-40.92	-10.25	-20.4	-30.38
Comprehensive Income & Other	5.43	4.39	2.89	67.3	67.41	65.33
Total Common Equity	1,782	1,807	2,103	1,774	1,479	1,408
Minority Interest	191.06	189.91	195.9	184.51	165.82	8.43
Shareholders' Equity	1,973	1,996	2,299	1,959	1,645	1,416
Total Liabilities & Equity	2,357	2,434	2,721	2,657	2,259	1,975

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	12.38	18.36	23.79	379.52	314.37	284.02
Net Cash (Debt)	901.85	1,118	1,397	869.21	701.46	870.5
Net Cash Growth	-17.70%	-19.92%	60.67%	23.91%	-19.42%	27.71%
Net Cash Per Share	1.64	2.03	2.54	1.68	1.34	1.69
Filing Date Shares Outstanding	548.4	559.63	562.5	531.63	522.56	522.76
Total Common Shares Outstanding	548.4	559.63	561.93	521.87	522.56	522.76
Working Capital	1,158	1,237	1,557	1,535	1,245	1,270
Book Value Per Share	3.25	3.23	3.74	3.40	2.83	2.69
Tangible Book Value	1,595	1,610	1,892	1,549	1,257	1,332
Tangible Book Value Per Share	2.91	2.88	3.37	2.97	2.41	2.55
Buildings	-	277.22	273.21	263.31	246.27	189.69
Machinery	-	397.42	381.74	367.35	324.75	242.43
Construction In Progress	-	124.23	81.93	30.09	27.53	13.62