SHE:002759 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	1,040	683.95	1,060	1,919	1,029	505.33
Short-Term Investments	-	12	12	12	7.2	1.8
Trading Asset Securities	-	61.54	32.33	-	-	-
Cash & Short-Term Investments	1,040	757.49	1,105	1,931	1,036	507.13
Cash Growth	66.65%	-31.44%	-42.78%	86.38%	104.29%	673.22%
Accounts Receivable	2,407	1,531	945.68	1,011	1,357	1,016
Other Receivables	16.41	40.35	8.1	6.28	6.38	7.7
Receivables	2,423	1,571	953.78	1,017	1,364	1,023
Inventory	689.66	418.36	326.54	384.76	431.17	189.76
Other Current Assets	89.18	69.52	140.52	79.36	89.52	24.34
Total Current Assets	4,242	2,817	2,526	3,412	2,920	1,745
Property, Plant & Equipment	2,854	2,609	2,581	1,936	1,384	915.52
Long-Term Investments	100.1	93.72	80.3	103.12	81.72	84.56
Goodwill	704.96	704.96	735.38	1,775	1,444	1,444
Other Intangible Assets	247.34	256.24	301.58	311.56	289.61	153.13
Long-Term Deferred Tax Assets	35.65	12.77	5.19	4.22	7.9	6.87
Long-Term Deferred Charges	1.29	-	-	-	-	-
Other Long-Term Assets	95.6	123.87	104.64	206.01	90.58	201.97
Total Assets	8,281	6,618	6,334	7,748	6,218	4,551

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	1,721	1,185	1,530	1,509	1,556	343.68
Accrued Expenses	42.75	124.64	57.81	43.94	63.32	95.37
Short-Term Debt	1,324	834.43	535.03	370.93	177.45	145
Current Portion of Long-Term Debt	101.97	53.32	50.58	55.99	2	-
Current Portion of Leases	-	-	-	0.43	-	-
Current Income Taxes Payable	54.64	5.13	5.24	6.99	13.51	59.63
Current Unearned Revenue	6.17	14.39	2.76	5.61	92.23	83.34
Other Current Liabilities	354.51	265.33	114.9	221.9	133.01	133.4
Total Current Liabilities	3,605	2,482	2,297	2,215	2,038	860.42
Long-Term Debt	357.33	277.49	240.09	239.38	35.95	-
Long-Term Unearned Revenue	0.45	4.66	0.67	0.68	0.72	1
Long-Term Deferred Tax Liabilities	9.49	5.55	6.35	7.21	0.66	11.03
Other Long-Term Liabilities	-	-	106.53	138	-	-
Total Liabilities	3,972	2,770	2,650	2,600	2,075	872.44

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	501.38	501.38	501.38	504.58	408.55	402.15
Additional Paid-In Capital	2,781	2,781	2,766	2,807	2,024	1,917
Retained Earnings	350.39	75.14	-7.04	1,394	1,468	1,094
Treasury Stock	-74.58	-74.58	-74.58	-44.51	-89.02	-
Comprehensive Income & Other	6.05	3.87	5.34	4.49	-	-
Total Common Equity	3,564	3,287	3,191	4,665	3,811	3,413
Minority Interest	744.3	560.61	492.77	482.78	332.14	265.7
Shareholders' Equity	4,309	3,848	3,684	5,148	4,143	3,679
Total Liabilities & Equity	8,281	6,618	6,334	7,748	6,218	4,551

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	1,783	1,165	825.69	666.74	215.4	145
Net Cash (Debt)	-742.86	-407.75	279.13	1,264	820.61	362.13
Net Cash Growth	-	-	-77.92%	54.05%	126.61%	-
Net Cash Per Share	-1.46	-0.79	0.56	3.11	2.04	0.90
Filing Date Shares Outstanding	491.76	491.76	491.76	504.58	408.55	402.15
Total Common Shares Outstanding	491.76	491.76	491.76	504.58	408.55	402.15
Working Capital	637.2	334.36	228.9	1,197	882.35	884.29
Book Value Per Share	7.25	6.68	6.49	9.25	9.33	8.49
Tangible Book Value	2,612	2,326	2,154	2,579	2,077	1,815
Tangible Book Value Per Share	5.31	4.73	4.38	5.11	5.08	4.51
Buildings	-	1,397	1,239	723.01	652.8	489.54
Machinery	-	1,955	1,687	1,099	902.64	478.25
Construction In Progress	-	129.4	335.04	664.66	211.3	261.34