SHE:002876 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	329.96	455.85	336.17	344.19	435.05	545.03
Trading Asset Securities	7.03	14.02	-	-	361.66	400.97
Cash & Short-Term Investments	337	469.87	336.17	344.19	796.72	946
Cash Growth	-14.59%	39.77%	-2.33%	-56.80%	-15.78%	20.34%
Accounts Receivable	1,179	999.99	837.35	648.37	626.88	781.94
Other Receivables	11.68	7.17	8.34	8	4.23	163.61
Receivables	1,190	1,007	845.68	656.37	631.1	945.56
Inventory	1,062	837.78	777.9	579.45	587.68	496.7
Prepaid Expenses	-	-	-	1.02	-	-
Other Current Assets	293.61	320.12	325.61	245.32	156.09	52.3
Total Current Assets	2,883	2,635	2,285	1,826	2,172	2,441
Property, Plant & Equipment	2,755	2,877	2,707	2,032	1,444	1,319
Long-Term Investments	344.43	340.79	57.51	1.3	-	-
Goodwill	8.12	8.12	8.12	8.12	8.12	8.12
Other Intangible Assets	77.43	80.36	81.03	85.76	61.62	64.21
Long-Term Deferred Tax Assets	66.83	63.63	50.77	34.92	16.35	17.08
Long-Term Deferred Charges	23.91	24.49	24.65	24.41	22.38	10.14
Other Long-Term Assets	34.86	13.08	41.79	74.57	68.35	9.28
Total Assets	6,193	6,042	5,256	4,088	3,793	3,868

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	608.7	612.11	554.37	375.91	318.59	353.03
Accrued Expenses	39.11	84.7	79.55	49.17	67.99	125.28
Short-Term Debt	1,809	1,784	1,366	1,064	768.26	922.27
Current Portion of Long-Term Debt	90.37	292.37	79.35	39.6	90.1	50.08
Current Portion of Leases	-	6.95	17.45	28.72	9.35	8.14
Current Income Taxes Payable	11.69	1.69	0.07	0	2.74	7.21
Current Unearned Revenue	44.54	24.7	9.15	4.88	13	6.57
Other Current Liabilities	27.68	6.91	3.23	2.64	2.32	2.15
Total Current Liabilities	2,631	2,814	2,110	1,565	1,272	1,475
Long-Term Debt	620.23	394.01	347	85	86.1	126.26
Long-Term Leases	1.06	2.27	4.99	20.5	11.32	16.19
Long-Term Unearned Revenue	63.61	67.14	65.49	73.89	85.46	94.72
Long-Term Deferred Tax Liabilities	-	-	-	-	2.65	2.98
Other Long-Term Liabilities	391.59	381.34	368.08	-	-	-
Total Liabilities	3,707	3,659	2,895	1,744	1,458	1,715

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	173.88	173.88	173.88	173.88	173.88	173.88
Additional Paid-In Capital	1,067	1,065	1,064	1,089	1,089	1,135
Retained Earnings	1,257	1,156	1,135	1,071	1,063	907.96
Treasury Stock	-11	-11	-11	-	-	-99.24
Total Common Equity	2,487	2,384	2,361	2,334	2,326	2,118
Minority Interest	-0.56	-0.49	-0.21	9.2	9.01	35.71
Shareholders' Equity	2,486	2,384	2,361	2,343	2,335	2,153
Total Liabilities & Equity	6,193	6,042	5,256	4,088	3,793	3,868

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	2,520	2,480	1,815	1,238	965.14	1,123
Net Cash (Debt)	-2,183	-2,010	-1,479	-893.61	-168.42	-176.93
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-12.52	-11.59	-8.47	-5.22	-0.97	-1.02
Filing Date Shares Outstanding	175.6	173.51	173.51	173.88	173.88	171.8
Total Common Shares Outstanding	175.6	173.51	173.51	173.88	173.88	171.8
Working Capital	252.15	-178.86	175.74	261.46	899.25	965.83
Book Value Per Share	14.16	13.74	13.61	13.42	13.38	12.33
Tangible Book Value	2,401	2,296	2,272	2,240	2,256	2,045
Tangible Book Value Per Share	13.67	13.23	13.10	12.88	12.98	11.90
Buildings	-	1,083	889.09	499.86	493.56	467.98
Machinery	-	2,143	1,427	1,106	987.3	847.13
Construction In Progress	-	446.3	984.6	867.26	313.47	252.34