SHE:300017 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	1,854	1,895	2,035	1,832	2,470	1,017
Short-Term Investments	-	739.32	2,013	246.98	428.26	1,204
Trading Asset Securities	5,751	5,251	3,923	2,453	2,243	3,650
Cash & Short-Term Investments	7,605	7,885	7,972	4,531	5,141	5,871
Cash Growth	-5.80%	-1.08%	75.92%	-11.86%	-12.42%	54.52%
Accounts Receivable	1,481	1,174	1,139	1,103	1,230	1,373
Other Receivables	4.69	7.37	22.31	9.7	13.4	13.28
Receivables	1,485	1,181	1,162	1,112	1,243	1,386
Inventory	0.78	1.03	6.46	13.48	30.52	12.15
Prepaid Expenses	-	0.36	0.28	0.23	3.23	0.5
Other Current Assets	37.12	54.27	87.95	68.44	54.84	126.96
Total Current Assets	9,128	9,122	9,228	5,726	6,473	7,396
Property, Plant & Equipment	824.26	767.64	780.51	933.67	1,191	1,490
Long-Term Investments	1,832	1,632	1,595	3,746	2,274	1,121
Other Intangible Assets	46.44	28.05	31.87	44.97	80.46	164.22
Long-Term Deferred Tax Assets	46.6	21.39	31.18	42.13	60.22	57.17
Long-Term Deferred Charges	65.93	75.68	86.61	100.51	117.79	51.44
Other Long-Term Assets	286.44	282.79	338.57	375	306.87	293.22
Total Assets	12,230	11,930	12,092	10,969	10,503	10,573

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	797.11	665.54	643.53	568.02	748.28	705.54
Accrued Expenses	105.58	260.57	291.12	252.27	239.33	197.91
Short-Term Debt	785.16	379.09	790.24	80.07	144.76	503.86
Current Portion of Leases	12.53	11.83	17.63	22.11	21.93	-
Current Income Taxes Payable	72.82	53.44	28.37	24.29	11.8	8.13
Current Unearned Revenue	83.33	88.56	92.65	87.08	95.19	95.42
Other Current Liabilities	68.76	56.64	59.28	66.87	85.23	116.16
Total Current Liabilities	1,925	1,516	1,923	1,101	1,347	1,627
Long-Term Leases	15.39	15.29	24.92	40.25	43.61	62.03
Long-Term Unearned Revenue	9.8	15.61	22.1	34.33	34.07	40.55
Long-Term Deferred Tax Liabilities	1.21	1.57	2.08	2.9	4.49	4.66
Other Long-Term Liabilities	0.26	2.72	2	1.75	0.65	0.28
Total Liabilities	1,952	1,551	1,974	1,180	1,429	1,735

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	2,496	2,459	2,444	2,437	2,437	2,447
Additional Paid-In Capital	3,116	2,789	2,506	2,425	2,338	2,356
Retained Earnings	4,931	5,177	4,991	4,941	4,449	4,382
Treasury Stock	-182.92	-	-8.45	-105.79	-127.35	-135.69
Comprehensive Income & Other	-80.63	-45.77	-41.37	-71.04	-76.9	-210.27
Total Common Equity	10,279	10,380	9,891	9,626	9,019	8,839
Minority Interest	-0.71	-0.84	226.74	162.75	54.27	0.01
Shareholders' Equity	10,278	10,379	10,118	9,789	9,073	8,839
Total Liabilities & Equity	12,230	11,930	12,092	10,969	10,503	10,573

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	813.07	406.21	832.8	142.42	210.31	565.89
Net Cash (Debt)	6,792	7,479	7,139	4,389	4,931	5,305
Net Cash Growth	-8.37%	4.76%	62.66%	-10.99%	-7.05%	45.17%
Net Cash Per Share	2.70	2.99	2.86	1.79	2.07	2.25
Filing Date Shares Outstanding	2,483	2,459	2,443	2,420	2,420	2,439
Total Common Shares Outstanding	2,483	2,459	2,443	2,420	2,420	2,439
Working Capital	7,203	7,607	7,305	4,625	5,127	5,769
Book Value Per Share	4.14	4.22	4.05	3.98	3.73	3.62
Tangible Book Value	10,232	10,352	9,859	9,581	8,939	8,675
Tangible Book Value Per Share	4.12	4.21	4.04	3.96	3.69	3.56
Buildings	-	214.88	215.34	224.58	221.29	252.19
Machinery	-	2,182	2,144	2,202	2,553	2,378
Construction In Progress	-	30.11	18.21	15.48	41.61	300.19