SHE:002849 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	511.17	602.06	598.98	605.36	581.51	335.04
Trading Asset Securities	72.95	10.52	8.65	2.61	-	-
Cash & Short-Term Investments	584.12	612.58	607.63	607.97	581.51	335.04
Cash Growth	16.32%	0.81%	-0.06%	4.55%	73.56%	-14.29%
Accounts Receivable	1,126	964.24	849.58	809.08	755.56	703.42
Other Receivables	33.46	36.68	21.19	15.49	13.01	12.03
Receivables	1,159	1,001	870.78	824.58	768.57	715.45
Inventory	511.03	506.31	370.16	356.7	331.35	264.54
Other Current Assets	19.29	16.07	4.63	4.2	10.07	1.29
Total Current Assets	2,274	2,136	1,853	1,793	1,691	1,316
Property, Plant & Equipment	300.15	311.95	276.61	272.52	287.4	302.86
Long-Term Investments	188.65	188.04	173.75	196.87	102.32	42.98
Goodwill	1.88	1.88	-	-	-	-
Other Intangible Assets	72.02	32.6	30.03	27.57	29.1	30.19
Long-Term Accounts Receivable	-	92.67	64.17	48.01	39.81	39.24
Long-Term Deferred Tax Assets	23.87	23.75	24.39	14.57	10.38	10.76
Long-Term Deferred Charges	3.42	4.37	0.57	1	0.75	1.91
Other Long-Term Assets	91.82	2.15	0.66	4.57	0.25	3.01
Total Assets	2,955	2,793	2,423	2,359	2,162	1,747

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	1,251	1,107	825.28	818.31	647.99	693.3
Accrued Expenses	33.07	56.3	49.59	31.26	19.98	18.49
Short-Term Debt	130.07	121.69	38.23	29.56	6.44	32.18
Current Portion of Long-Term Debt	6.88	-	61.12	5	27.73	43.16
Current Portion of Leases	-	6.83	0.96	-	-	-
Current Income Taxes Payable	13.02	3.89	6.47	3.68	3.72	2.67
Current Unearned Revenue	13.13	15.77	6.98	5.91	3.16	3.24
Other Current Liabilities	22.55	27.81	15.48	39.04	43.11	1.6
Total Current Liabilities	1,469	1,339	1,004	932.76	752.13	794.63
Long-Term Debt	-	-	64.1	115.92	124.63	56.78
Long-Term Leases	26.39	29.34	0.49	-	-	-
Long-Term Unearned Revenue	4.39	0.78	0.92	0.49	0.54	0.61
Other Long-Term Liabilities	0.34	-	-	2.36	1.83	2.22
Total Liabilities	1,501	1,369	1,070	1,052	879.13	854.24

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	220.63	220.63	220.63	220.63	157.6	132.36
Additional Paid-In Capital	544.74	544.74	546.41	541.08	603.76	256.83
Retained Earnings	593.64	581.12	535.99	511.18	483.53	430.7
Treasury Stock	-	-	-	-	-	-0.27
Comprehensive Income & Other	4.77	4.86	1.52	0.75	0.04	-
Total Common Equity	1,364	1,351	1,305	1,274	1,245	819.63
Minority Interest	91.14	72.81	49.21	33.4	37.46	73.4
Shareholders' Equity	1,455	1,424	1,354	1,307	1,282	893.02
Total Liabilities & Equity	2,955	2,793	2,423	2,359	2,162	1,747

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	163.34	157.87	164.89	150.48	158.81	132.11
Net Cash (Debt)	420.77	454.71	442.73	457.49	422.7	202.93
Net Cash Growth	44.98%	2.71%	-3.23%	8.23%	108.30%	-19.32%
Net Cash Per Share	1.87	2.02	1.97	2.02	2.13	1.09
Filing Date Shares Outstanding	220.46	220.63	220.63	220.63	220.63	185.3
Total Common Shares Outstanding	220.46	220.63	220.63	220.63	220.63	185.3
Working Capital	804.24	796.87	849.1	860.69	939.36	521.69
Book Value Per Share	6.19	6.12	5.91	5.77	5.64	4.42
Tangible Book Value	1,290	1,317	1,275	1,246	1,216	789.44
Tangible Book Value Per Share	5.85	5.97	5.78	5.65	5.51	4.26
Buildings	-	302.23	300.76	297.82	297.82	305.41
Machinery	-	123.22	89.74	72.31	67.23	60.4
Construction In Progress	-	1.24	2.21	2.93	2.22	-