SHE:300442 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	5,335	3,353	4,826	1,810	1,396	1,594
Short-Term Investments	-	0.07	-	200.62	-	-
Trading Asset Securities	-	-	-	505.86	-	-
Cash & Short-Term Investments	5,335	3,353	4,826	2,516	1,396	1,594
Cash Growth	-0.59%	-30.52%	91.79%	80.27%	-12.42%	36.55%
Accounts Receivable	1,783	1,732	1,098	1,064	375.1	272.13
Other Receivables	412.39	90.32	72.35	1.03	0.94	31.2
Receivables	2,196	1,822	1,170	1,065	376.04	303.33
Inventory	37.78	43.59	1,770	769.65	1.53	-
Prepaid Expenses	-	5.02	198.57	159.29	107.08	-
Other Current Assets	2,363	2,056	976.1	514.1	831	373.55
Total Current Assets	9,931	7,280	8,941	5,024	2,711	2,271
Property, Plant & Equipment	42,294	31,732	20,258	16,347	11,653	7,454
Long-Term Investments	2,701	1,707	166.35	162.59	163.48	96.04
Goodwill	384.65	384.65	384.65	384.65	384.65	-
Other Intangible Assets	2,151	1,362	1,269	1,127	828.02	702.2
Long-Term Deferred Tax Assets	103.16	121.8	38.98	4.54	19.63	15.21
Long-Term Deferred Charges	-	-	0.01	0.05	0.1	-
Other Long-Term Assets	396.46	106.84	251.23	259.81	248.42	230.12
Total Assets	57,961	42,694	31,309	23,311	16,008	10,768

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	5,459	2,830	1,738	1,969	1,098	1,368
Accrued Expenses	26.71	42.18	26.76	56.26	34.24	15.8
Short-Term Debt	2,344	3,517	1,101	100.11	-	-
Current Portion of Long-Term Debt	3,362	1,027	1,516	1,151	1,045	369.69
Current Portion of Leases	-	1,108	905.38	684.94	370.53	183.25
Current Income Taxes Payable	111.9	35.45	33.81	5	1.41	-
Current Unearned Revenue	13.76	4.52	520.72	17.88	-	-
Other Current Liabilities	2,272	178.5	175.21	317.29	257.39	4.84
Total Current Liabilities	13,589	8,742	6,017	4,302	2,807	1,942
Long-Term Debt	19,714	13,142	10,500	7,601	8,117	4,910
Long-Term Leases	28.87	4,435	2,883	2,526	1,783	1,032
Long-Term Unearned Revenue	155.26	140.58	132.66	100.16	96.66	86.97
Long-Term Deferred Tax Liabilities	394.71	370.33	225.17	236.11	241.46	210.33
Other Long-Term Liabilities	7,314	-	-	-	-	-
Total Liabilities	41,195	26,830	19,759	14,765	13,045	8,181

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	1,461	1,454	1,541	1,540	640.16	562.13
Additional Paid-In Capital	5,644	5,608	5,461	4,889	1,244	1,322
Retained Earnings	7,935	7,217	3,028	2,144	1,052	673.96
Treasury Stock	-595.3	-622.87	-64.52	-52	-	-
Comprehensive Income & Other	-22.34	-0.02	-	-	-	-
Total Common Equity	14,423	13,656	9,966	8,522	2,936	2,558
Minority Interest	2,343	2,207	1,584	23.87	27.97	29.21
Shareholders' Equity	16,766	15,864	11,550	8,546	2,964	2,587
Total Liabilities & Equity	57,961	42,694	31,309	23,311	16,008	10,768

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	25,449	23,229	16,906	12,063	11,315	6,495
Net Cash (Debt)	-20,114	-19,876	-12,080	-9,547	-9,919	-4,901
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-12.38	-11.81	-7.02	-5.58	-7.22	-3.77
Filing Date Shares Outstanding	1,663	1,623	1,725	1,750	1,717	1,012
Total Common Shares Outstanding	1,663	1,623	1,725	1,750	1,152	1,012
Working Capital	-3,658	-1,462	2,924	722.38	-95.52	329.02
Book Value Per Share	8.67	8.41	5.78	4.87	2.55	2.53
Tangible Book Value	11,887	11,910	8,312	7,010	1,723	1,856
Tangible Book Value Per Share	7.15	7.34	4.82	4.00	1.50	1.83
Buildings	-	11,769	8,540	6,401	4,357	3,449
Machinery	-	16,063	6,508	4,265	2,663	2,356
Construction In Progress	-	7,054	7,170	6,926	5,590	2,352