SHE:300226 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	32,612	23,120	12,906	5,555	2,336	908.44
Short-Term Investments	30.25	30.34	53.27	-	-	-
Trading Asset Securities	62.1	220.53	882.77	11.1	2.21	0.09
Cash & Short-Term Investments	32,704	23,371	13,842	5,566	2,338	908.53
Cash Growth	55.62%	68.84%	148.70%	138.07%	157.33%	61.32%
Accounts Receivable	1,239	1,316	1,317	1,988	3,202	5,577
Other Receivables	191.91	180.88	219.12	89.59	54.37	43.94
Receivables	1,431	1,497	1,536	2,078	3,257	5,621
Inventory	3,112	2,352	1,429	2,164	1,362	1,024
Other Current Assets	4,411	4,010	4,421	7,258	6,262	6,078
Total Current Assets	41,657	31,230	21,229	17,067	13,219	13,631
Property, Plant & Equipment	410.68	293.91	309.13	326.97	335.11	312.14
Long-Term Investments	283.43	135.45	82.12	170.52	136.94	106.91
Goodwill	31.14	31.14	32.5	34.56	35.96	36.44
Other Intangible Assets	251.48	27.26	21.42	19.58	19.62	21.17
Long-Term Deferred Tax Assets	62.59	74.55	95.01	69.78	67.6	52.02
Long-Term Deferred Charges	0.83	1.6	2.51	3.64	5.37	6.33
Other Long-Term Assets	29.45	29.45	26.59	28.41	28.41	28.41
Total Assets	42,727	31,823	21,798	17,720	13,848	14,194

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	14,211	6,117	3,989	4,361	976.64	1,571
Accrued Expenses	80.44	159.97	147.49	135.58	146.5	193.96
Short-Term Debt	18,060	17,021	9,348	2,513	2,831	2,846
Current Portion of Leases	5.95	6.23	8.65	10.45	9.31	10.32
Current Income Taxes Payable	47.3	20.53	58.3	22.67	31.12	62.65
Current Unearned Revenue	4,030	2,985	2,747	4,498	4,024	3,614
Other Current Liabilities	1,678	1,252	1,278	1,854	1,827	2,145
Total Current Liabilities	38,114	27,562	17,577	13,395	9,845	10,444
Long-Term Leases	3.74	3.52	4.94	10.24	5.7	7.74
Long-Term Unearned Revenue	22.09	21.49	23.52	23.95	25.56	27.41
Long-Term Deferred Tax Liabilities	3.16	3.16	3.45	4.63	7.03	6.5
Total Liabilities	38,143	27,590	17,609	13,434	9,884	10,486

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	382.47	318.72	318.72	321.82	267.3	190.93
Additional Paid-In Capital	-	594.99	594.03	722.8	754.92	820.56
Retained Earnings	1,428	1,291	1,094	958.1	739.21	555.28
Comprehensive Income & Other	519.69	-15.56	-19.21	-15.82	-13.13	-12.35
Total Common Equity	2,330	2,189	1,987	1,987	1,748	1,554
Minority Interest	2,254	2,044	2,202	2,299	2,216	2,154
Shareholders' Equity	4,584	4,233	4,189	4,286	3,965	3,708
Total Liabilities & Equity	42,727	31,823	21,798	17,720	13,848	14,194

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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	18,070	17,031	9,362	2,534	2,846	2,864
Net Cash (Debt)	14,635	6,340	4,481	3,032	-508.11	-1,956
Net Cash Growth	154.46%	41.49%	47.77%	-	-	-
Net Cash Per Share	38.40	16.64	11.57	7.78	-1.31	-5.04
Filing Date Shares Outstanding	382.47	382.47	378.75	386.19	384.92	384.92
Total Common Shares Outstanding	382.47	382.47	378.75	386.19	384.92	384.92
Working Capital	3,543	3,667	3,652	3,672	3,374	3,187
Book Value Per Share	6.09	5.72	5.25	5.14	4.54	4.04
Tangible Book Value	2,047	2,130	1,933	1,933	1,693	1,497
Tangible Book Value Per Share	5.35	5.57	5.10	5.00	4.40	3.89
Buildings	-	374.9	345.69	227.72	228.18	228.18
Machinery	-	80.01	76.17	73.4	67.77	87.85
Construction In Progress	-	-	33.72	149.97	154.78	116.84