SHE:001309 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	950.97	706.17	915.86	274.36	108.87	117.63
Short-Term Investments	-	22.32	-	-	-	-
Trading Asset Securities	-	-	-	-	140.59	-
Cash & Short-Term Investments	950.97	728.48	915.86	274.36	249.46	117.63
Cash Growth	9.50%	-20.46%	233.82%	9.98%	112.08%	63.34%
Accounts Receivable	5,183	842.26	404.98	434.43	398.16	146.79
Other Receivables	53.04	15.84	38.65	8.79	28.71	57.79
Receivables	5,236	858.1	443.62	443.22	426.87	204.57
Inventory	28,986	7,058	4,436	1,932	755.45	565.55
Prepaid Expenses	-	4.57	2.22	1.72	1.16	7.52
Other Current Assets	3,303	1,194	270.68	217.19	231.85	78.14
Total Current Assets	38,476	9,843	6,069	2,868	1,665	973.4
Property, Plant & Equipment	1,108	593.98	246.88	172.54	225.53	140.37
Long-Term Investments	61.54	58.15	33.03	1.5	3.88	-
Other Intangible Assets	26.71	29.04	22.06	4.94	6.63	-
Long-Term Deferred Tax Assets	208.15	79.73	46.51	54.3	32.29	8.55
Long-Term Deferred Charges	135.35	116.88	136.08	145.73	34.26	16.64
Other Long-Term Assets	208.21	129.17	14.82	40.7	29.54	6.99
Total Assets	40,224	10,850	6,568	3,288	1,997	1,146

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	5,925	730.96	926.7	242.92	330.82	176.09
Accrued Expenses	106.8	175.7	46.45	23.45	12.75	11.98
Short-Term Debt	10,150	3,472	1,953	1,580	359.47	262.13
Current Portion of Long-Term Debt	1,061	1,162	50.85	-	-	13.5
Current Portion of Leases	-	27.94	22.85	20.71	19.46	8.38
Current Income Taxes Payable	449.47	39.84	3.53	1.95	-	14.15
Current Unearned Revenue	405.06	623.73	33.71	18.8	6.37	21.8
Other Current Liabilities	719.09	164.09	94.85	32.47	5.25	16.03
Total Current Liabilities	18,816	6,396	3,132	1,920	734.12	524.07
Long-Term Debt	9,100	952.4	785.77	73.73	-	-
Long-Term Leases	110.96	116.87	96.29	112.91	133.54	28.47
Long-Term Unearned Revenue	74.85	87.28	37.6	31.97	14.17	39.68
Long-Term Deferred Tax Liabilities	95.59	27.85	34.42	26.52	22.38	-
Total Liabilities	28,197	7,581	4,086	2,165	904.21	592.22

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	226.84	226.85	161.77	113.3	80.18	60
Additional Paid-In Capital	2,278	1,844	1,774	750.6	739.27	295.56
Retained Earnings	9,570	1,255	615.33	279.49	269.49	204.28
Treasury Stock	-37.15	-53.77	-73.24	-25.2	-	-
Comprehensive Income & Other	-10.32	-3.4	2.03	3.84	3.84	-6.12
Total Common Equity	12,027	3,269	2,480	1,122	1,093	553.72
Minority Interest	-	-	1.37	1.2	-0.07	-
Shareholders' Equity	12,027	3,269	2,482	1,123	1,093	553.72
Total Liabilities & Equity	40,224	10,850	6,568	3,288	1,997	1,146

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	20,421	5,731	2,909	1,787	512.47	312.48
Net Cash (Debt)	-19,470	-5,003	-1,993	-1,513	-263.01	-194.86
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-58.12	-15.73	-6.86	-5.25	-1.06	-0.90
Filing Date Shares Outstanding	317.58	317.58	317.07	293.16	286.01	214.03
Total Common Shares Outstanding	226.84	317.58	317.07	293.16	286.01	214.03
Working Capital	19,661	3,447	2,936	948.68	930.67	449.33
Book Value Per Share	53.02	10.29	7.82	3.83	3.82	2.59
Tangible Book Value	12,001	3,240	2,458	1,117	1,086	553.72
Tangible Book Value Per Share	52.90	10.20	7.75	3.81	3.80	2.59
Machinery	-	397.46	156.53	64.27	49.24	37.45
Construction In Progress	-	131.98	22.87	6.44	46.07	79.77