SHE:002885 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	636.35	593.34	476.2	457.58	332.26	198.39
Short-Term Investments	7.33	6.15	5.63	5.54	-	3.6
Trading Asset Securities	155	20.28	140	217.65	2.55	0.7
Cash & Short-Term Investments	798.68	619.77	621.83	680.77	334.81	202.69
Cash Growth	4.67%	-0.33%	-8.66%	103.33%	65.19%	-30.59%
Accounts Receivable	1,512	1,256	1,259	933.69	991.21	685.5
Other Receivables	34.83	26.83	23.86	21.09	23.27	18.38
Receivables	1,546	1,282	1,283	954.78	1,014	703.88
Inventory	806.9	528.3	518.42	490.52	499.78	407.91
Prepaid Expenses	-	0.33	0.9	0.11	-	-
Other Current Assets	70.01	59.01	36.22	41.08	22.53	29.82
Total Current Assets	3,222	2,490	2,460	2,167	1,872	1,344
Property, Plant & Equipment	582.57	599.75	542.94	519	461.74	385.54
Long-Term Investments	24.31	23.34	19.78	-	4.93	-
Other Intangible Assets	14.89	15.89	17.08	19.92	20.7	23.13
Long-Term Deferred Tax Assets	14.52	20.75	23.66	22.11	9.86	10.78
Long-Term Deferred Charges	77.97	84.91	89.1	96.83	13.82	12.86
Other Long-Term Assets	73.5	65.29	93.2	87.04	125.83	93.24
Total Assets	4,010	3,300	3,246	2,912	2,508	1,870

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	1,522	996.36	1,170	853.47	995.7	727.15
Accrued Expenses	37.01	90.62	99.44	70.23	58.26	47.96
Short-Term Debt	552.54	468.31	265.67	293.3	328.14	156.15
Current Portion of Long-Term Debt	-	-	82.55	18.42	39.88	50.42
Current Portion of Leases	28.1	31.49	23.75	16.73	9.85	5.94
Current Income Taxes Payable	13.71	1.16	2.09	1.51	3.28	0.12
Current Unearned Revenue	32.61	11.15	6.34	5.79	2.87	4.02
Other Current Liabilities	78.21	60.55	45.76	52.31	25.32	3.47
Total Current Liabilities	2,264	1,660	1,696	1,312	1,463	995.22
Long-Term Debt	-	-	-	82.49	-	42.13
Long-Term Leases	56.38	62.9	92.47	93.45	90.31	7.61
Long-Term Unearned Revenue	44.85	37.2	32.54	20.97	12.76	15.48
Other Long-Term Liabilities	0.17	-	2.69	-	-	-
Total Liabilities	2,366	1,760	1,824	1,509	1,566	1,060

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	270.92	270.92	271.91	272.8	181.44	180
Additional Paid-In Capital	587.52	580.75	588.19	604.66	253.53	240.57
Retained Earnings	760.89	660.22	581.85	547.38	532.66	395.05
Treasury Stock	-	-	-41.05	-19.85	-21.6	-1.27
Comprehensive Income & Other	-6.7	-0.83	1.36	2.01	1.52	-1.25
Total Common Equity	1,613	1,511	1,402	1,407	947.55	813.1
Minority Interest	31.42	28.98	20.28	-3.51	-5.45	-3.67
Shareholders' Equity	1,644	1,540	1,423	1,403	942.1	809.42
Total Liabilities & Equity	4,010	3,300	3,246	2,912	2,508	1,870

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	637.02	562.69	464.44	504.4	468.18	262.24
Net Cash (Debt)	161.65	57.07	157.39	176.37	-133.37	-59.56
Net Cash Growth	135.68%	-63.74%	-10.76%	-	-	-
Net Cash Per Share	0.60	0.21	0.58	0.66	-0.52	-0.24
Filing Date Shares Outstanding	270.92	270.92	269.36	298.56	251.85	251.85
Total Common Shares Outstanding	270.92	270.92	269.36	298.56	251.85	251.85
Working Capital	957.7	830.22	764.47	855.5	408.3	349.09
Book Value Per Share	5.95	5.58	5.21	4.71	3.76	3.23
Tangible Book Value	1,598	1,495	1,385	1,387	926.85	789.97
Tangible Book Value Per Share	5.90	5.52	5.14	4.65	3.68	3.14
Buildings	-	329.48	317.12	310.31	304.48	316.21
Machinery	-	400.82	324.89	274.73	202.83	172.48
Construction In Progress	-	25.47	-	-	-	-