SHE:002811 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	552.54	477.99	559.89	585.62	467.75	514.58
Short-Term Investments	-	469.68	537.61	483.85	317.21	165.46
Trading Asset Securities	342.25	80.6	80.51	1	-	40
Cash & Short-Term Investments	894.79	1,028	1,178	1,070	784.97	720.04
Cash Growth	68.52%	-12.71%	10.05%	36.37%	9.02%	-7.28%
Accounts Receivable	569.53	609.95	680.02	840.93	1,136	1,505
Other Receivables	32.19	23.64	18	13.2	19.23	25.61
Receivables	601.72	633.59	698.01	854.13	1,155	1,530
Inventory	288.99	245.15	100.73	63.18	60.69	70.65
Prepaid Expenses	-	-	-	-	3.2	2.94
Other Current Assets	274.93	27.92	32.63	26.94	21.08	32.43
Total Current Assets	2,060	1,935	2,009	2,015	2,025	2,356
Property, Plant & Equipment	406.66	404.5	303.91	302.08	327.22	346.2
Long-Term Investments	104.9	104	-	-	-	1.19
Other Intangible Assets	26.35	26.67	28.27	29.34	25.78	23.9
Long-Term Deferred Tax Assets	135.55	126.33	134.24	143.94	140.89	111.85
Long-Term Deferred Charges	58.46	61.75	22.07	28.74	40.59	27.57
Other Long-Term Assets	50.04	44.26	57.84	81.4	88.48	126.69
Total Assets	2,842	2,702	2,556	2,600	2,648	2,994

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	326.65	383.62	420.74	493.89	531.16	581.29
Accrued Expenses	119.37	180.29	141.84	127.3	116.57	102.46
Short-Term Debt	42.38	81.72	20.73	11.73	-	43.82
Current Portion of Long-Term Debt	31.52	2.45	462.67	2.27	2.2	5.44
Current Portion of Leases	-	25.42	20.62	17.1	15.22	14.05
Current Income Taxes Payable	56.84	9.72	3.02	2.17	7.01	19.71
Current Unearned Revenue	542.46	380.41	214.64	171.62	139.34	103.84
Other Current Liabilities	120.35	106.05	100.07	105.18	127.24	155.54
Total Current Liabilities	1,240	1,170	1,384	931.25	938.74	1,026
Long-Term Debt	3.6	5.67	8.33	454.16	429.44	417.25
Long-Term Leases	102.81	104.81	40.32	39.77	53.87	52.41
Long-Term Unearned Revenue	-	-	-	0.48	0.95	2.18
Long-Term Deferred Tax Liabilities	0.14	0.01	-	-	-	-
Other Long-Term Liabilities	7.79	1.79	4.73	8.76	15.22	0.34
Total Liabilities	1,354	1,282	1,438	1,434	1,438	1,498

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	307.97	307.97	273.68	272.04	272.04	270.02
Additional Paid-In Capital	945.03	945.03	561.74	549.18	548.84	532.42
Retained Earnings	280.58	210.73	191.79	201.98	250.44	561.28
Treasury Stock	-50.01	-50.01	-50.01	-	-	-
Comprehensive Income & Other	4.94	6.75	140.82	142.59	138.76	131.61
Total Common Equity	1,489	1,420	1,118	1,166	1,210	1,495
Shareholders' Equity	1,489	1,420	1,118	1,166	1,210	1,495
Total Liabilities & Equity	2,842	2,702	2,556	2,600	2,648	2,994

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	180.3	220.07	552.66	525.02	500.72	532.96
Net Cash (Debt)	714.49	808.2	625.35	545.45	284.24	187.08
Net Cash Growth	120.47%	29.24%	14.65%	91.89%	51.94%	-0.27%
Net Cash Per Share	2.38	2.78	2.36	2.03	1.06	0.74
Filing Date Shares Outstanding	299.92	299.92	265.63	272.04	272.04	270.02
Total Common Shares Outstanding	299.92	299.92	265.63	272.04	272.04	270.02
Working Capital	820.87	765.24	625.07	1,083	1,087	1,330
Book Value Per Share	4.96	4.74	4.21	4.29	4.45	5.54
Tangible Book Value	1,462	1,394	1,090	1,136	1,184	1,471
Tangible Book Value Per Share	4.88	4.65	4.10	4.18	4.35	5.45
Buildings	-	291.16	294.24	294.78	300.15	299.84
Machinery	-	81.25	68.83	54.8	53.17	50.96
Construction In Progress	-	6.96	-	-	-	5.68