SHE:300803 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	9,251	6,559	2,570	1,219	1,607
Trading Asset Securities	2,191	929.97	384.67	854.92	-
Cash & Short-Term Investments	11,443	7,489	2,954	2,074	1,607
Cash Growth	52.79%	153.51%	42.45%	29.01%	30.71%
Accounts Receivable	201.91	136.25	106.98	44.49	8.94
Other Receivables	14.16	56.56	8.39	30.57	53.18
Receivables	216.07	318.82	264.39	101.07	62.12
Inventory	2.29	0.17	0.49	1.09	1.04
Prepaid Expenses	0	19.37	2.93	38.36	4.61
Other Current Assets	1,221	791.4	274.5	180.25	19.61
Total Current Assets	12,882	8,619	3,497	2,395	1,695
Property, Plant & Equipment	442	433.25	418.16	424.77	330.5
Long-Term Investments	85.6	222.09	16.08	-	-
Goodwill	1,589	1,287	1,287	1,287	-
Other Intangible Assets	99.66	68.12	60.38	43.42	3.28
Long-Term Deferred Tax Assets	165.47	172.94	127.72	109.24	15.02
Long-Term Deferred Charges	20.35	18.17	10.1	5.05	1.68
Other Long-Term Assets	13.25	53.63	15.35	3.48	0.24
Total Assets	15,297	10,874	5,431	4,267	2,046
Accounts Payable	130.13	113.46	60.48	46.48	37.63
Accrued Expenses	284.04	277.34	108.43	79.72	91.59
Short-Term Debt	525.05	672.94	192.44	532.95	74.73
Current Portion of Leases	23.51	18.73	14.56	9.45	1.45
Current Income Taxes Payable	0.34	0.41	0.47	0.22	0.7
Current Unearned Revenue	67.38	77.5	38.94	38.55	41.05
Other Current Liabilities	10,178	6,687	2,468	1,224	15.3
Total Current Liabilities	11,208	7,847	2,883	1,931	262.45
Long-Term Debt	420.35	-	-	-	-
Long-Term Leases	33.04	34.75	29.27	25.65	0.94
Long-Term Unearned Revenue	861.34	759.95	659.82	623.54	500.12
Long-Term Deferred Tax Liabilities	4.73	4.87	5.19	5.59	-
Other Long-Term Liabilities	1.31	1.24	-	-	-
Total Liabilities	12,529	8,648	3,578	2,586	763.51
Common Stock	609.79	412.56	408.94	406.97	405
Additional Paid-In Capital	829.29	700.83	436.52	338.75	260.08
Retained Earnings	1,360	1,132	1,028	955.38	617
Comprehensive Income & Other	-9.81	-	-0.39	-	-
Total Common Equity	2,789	2,246	1,873	1,701	1,282
Minority Interest	-21.51	-19.88	-19.87	-19.86	-
Shareholders' Equity	2,768	2,226	1,853	1,681	1,282
Total Liabilities & Equity	15,297	10,874	5,431	4,267	2,046
Total Debt	1,002	726.42	236.26	568.05	77.12
Net Cash (Debt)	10,441	6,763	2,718	1,506	1,530
Net Cash Growth	54.38%	148.82%	80.50%	-1.60%	24.44%
Net Cash Per Share	16.95	11.03	4.65	2.55	2.58
Filing Date Shares Outstanding	609.79	598.22	592.96	590.11	587.25
Total Common Shares Outstanding	609.79	598.22	592.96	590.11	587.25
Working Capital	1,674	771.77	613.12	463.52	1,432
Book Value Per Share	4.57	3.75	3.16	2.88	2.18
Tangible Book Value	1,101	890.91	526.14	371.14	1,279
Tangible Book Value Per Share	1.81	1.49	0.89	0.63	2.18
Buildings	390.19	394.8	394.8	394.95	350.66
Machinery	176.64	134.77	104.92	89.11	48.69

Source: S&P Global Market Intelligence. Standard template. Financial Sources.