SHE:300394 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	2,659	2,997	1,978	1,864	672.61	515.05
Trading Asset Securities	180.04	210.05	350.02	436.2	882.34	785
Cash & Short-Term Investments	2,839	3,207	2,329	2,300	1,555	1,300
Cash Growth	3.87%	37.71%	1.23%	47.93%	19.61%	221.52%
Accounts Receivable	1,952	1,141	808.09	464.64	404.96	352.08
Other Receivables	1.55	1.69	1.18	2.46	0.67	1.1
Receivables	1,953	1,142	809.27	467.1	405.63	353.18
Inventory	1,274	457.2	350.13	255.65	186.44	173.99
Prepaid Expenses	-	0.06	0.03	0.02	0.02	0.01
Other Current Assets	142.28	42.09	36.53	22.07	21.68	11.68
Total Current Assets	6,209	4,848	3,524	3,045	2,169	1,839
Property, Plant & Equipment	1,576	1,322	1,043	652	613.13	597.64
Long-Term Investments	12.35	9.31	8.65	8.29	8.05	7.45
Goodwill	29.65	29.65	29.65	29.65	29.65	29.65
Other Intangible Assets	115.62	89.8	81.76	49.15	50.35	53.48
Long-Term Deferred Tax Assets	143.65	112.65	32.89	20.74	11.88	11.28
Long-Term Deferred Charges	7.37	9.56	2.78	4.33	5	5.91
Other Long-Term Assets	151.84	27.78	13.31	88.93	14.14	6.75
Total Assets	8,245	6,449	4,737	3,898	2,901	2,551

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	991.8	495.11	323.44	276.83	115.89	102.35
Accrued Expenses	107.66	114.76	90.25	71.22	60.6	48.15
Short-Term Debt	-	-	0.02	-	-	1.14
Current Portion of Long-Term Debt	-	-	40	-	-	-
Current Portion of Leases	1.76	1.66	1.51	1.62	3.08	2.68
Current Income Taxes Payable	131.85	113.06	59.29	54.43	9.71	5.16
Current Unearned Revenue	366.31	160.56	184.05	83.71	34.19	12.48
Other Current Liabilities	33.66	23.86	28.13	16.07	9.68	7.65
Total Current Liabilities	1,633	909.01	726.69	503.87	233.15	179.61
Long-Term Leases	1.47	2.81	4.47	6.33	6.09	9.08
Long-Term Unearned Revenue	23.03	23.59	17.98	17.98	17.98	17.98
Long-Term Deferred Tax Liabilities	0.96	1.22	1.59	6.83	6.68	8.07
Total Liabilities	1,659	936.62	750.73	535.01	263.91	214.73

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	1,091	777.42	553.97	394.89	393.98	391.55
Additional Paid-In Capital	764.66	953.22	1,019	1,073	1,046	1,004
Retained Earnings	4,742	3,749	2,398	1,727	1,195	948.41
Treasury Stock	-	-	-	-	-	-3.27
Comprehensive Income & Other	-17.37	26.3	8.4	-2.97	-9.23	-7.9
Total Common Equity	6,580	5,506	3,980	3,193	2,626	2,333
Minority Interest	6.64	6.69	6.43	170.69	11.2	3.24
Shareholders' Equity	6,586	5,513	3,986	3,363	2,637	2,336
Total Liabilities & Equity	8,245	6,449	4,737	3,898	2,901	2,551

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	3.23	4.47	46	7.95	9.17	12.9
Net Cash (Debt)	2,836	3,202	2,283	2,292	1,546	1,287
Net Cash Growth	3.94%	40.29%	-0.43%	48.30%	20.09%	224.37%
Net Cash Per Share	2.60	2.94	2.10	2.12	1.44	1.20
Filing Date Shares Outstanding	1,091	1,088	1,086	1,084	1,081	1,074
Total Common Shares Outstanding	1,091	1,088	1,086	1,084	1,081	1,074
Working Capital	4,576	3,939	2,798	2,541	1,936	1,659
Book Value Per Share	6.03	5.06	3.67	2.95	2.43	2.17
Tangible Book Value	6,435	5,387	3,868	3,114	2,546	2,250
Tangible Book Value Per Share	5.90	4.95	3.56	2.87	2.35	2.09
Buildings	-	710.42	425.84	374.39	352.22	327.02
Machinery	-	1,081	895.31	646	585.07	513.01
Construction In Progress	-	202.95	233.45	27.64	12.69	17.66