SHE:300803 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	Jun '26 Jun 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	11,667	9,251	6,559	2,570	1,219	1,607
Trading Asset Securities	3,325	2,191	929.97	384.67	854.92	-
Cash & Short-Term Investments	14,992	11,443	7,489	2,954	2,074	1,607
Cash Growth	57.37%	52.79%	153.51%	42.45%	29.01%	30.71%
Accounts Receivable	1,153	201.91	136.25	106.98	44.49	8.94
Other Receivables	14.6	14.16	56.56	8.39	30.57	53.18
Receivables	1,168	216.07	318.82	264.39	101.07	62.12
Inventory	2.21	2.29	0.17	0.49	1.09	1.04
Prepaid Expenses	0.01	0	19.37	2.93	38.36	4.61
Other Current Assets	1,645	1,221	791.4	274.5	180.25	19.61
Total Current Assets	17,807	12,882	8,619	3,497	2,395	1,695
Property, Plant & Equipment	430.53	442	433.25	418.16	424.77	330.5
Long-Term Investments	74.55	85.6	222.09	16.08	-	-
Goodwill	1,589	1,589	1,287	1,287	1,287	-
Other Intangible Assets	96.75	99.66	68.12	60.38	43.42	3.28
Long-Term Deferred Tax Assets	153.68	165.47	172.94	127.72	109.24	15.02
Long-Term Deferred Charges	21.68	20.35	18.17	10.1	5.05	1.68
Other Long-Term Assets	12.88	13.25	53.63	15.35	3.48	0.24
Total Assets	20,186	15,297	10,874	5,431	4,267	2,046

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	84.04	130.13	113.46	60.48	46.48	37.63
Accrued Expenses	259.67	284.04	277.34	108.43	79.72	91.59
Short-Term Debt	1,752	525.05	672.94	192.44	532.95	74.73
Current Portion of Leases	23.9	23.51	18.73	14.56	9.45	1.45
Current Income Taxes Payable	0.09	0.34	0.41	0.47	0.22	0.7
Current Unearned Revenue	87.09	67.38	77.5	38.94	38.55	41.05
Other Current Liabilities	13,296	10,178	6,687	2,468	1,224	15.3
Total Current Liabilities	15,503	11,208	7,847	2,883	1,931	262.45
Long-Term Debt	492.3	420.35	-	-	-	-
Long-Term Leases	24.42	33.04	34.75	29.27	25.65	0.94
Long-Term Unearned Revenue	975.37	861.34	759.95	659.82	623.54	500.12
Long-Term Deferred Tax Liabilities	4.43	4.73	4.87	5.19	5.59	-
Other Long-Term Liabilities	1.42	1.31	1.24	-	-	-
Total Liabilities	17,001	12,529	8,648	3,578	2,586	763.51

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	615.96	609.79	412.56	408.94	406.97	405
Additional Paid-In Capital	1,167	829.29	700.83	436.52	338.75	260.08
Retained Earnings	1,437	1,360	1,132	1,028	955.38	617
Comprehensive Income & Other	-21.11	-9.81	-	-0.39	-	-
Total Common Equity	3,198	2,789	2,246	1,873	1,701	1,282
Minority Interest	-13.09	-21.51	-19.88	-19.87	-19.86	-
Shareholders' Equity	3,185	2,768	2,226	1,853	1,681	1,282
Total Liabilities & Equity	20,186	15,297	10,874	5,431	4,267	2,046

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	2,293	1,002	726.42	236.26	568.05	77.12
Net Cash (Debt)	12,700	10,441	6,763	2,718	1,506	1,530
Net Cash Growth	55.79%	54.38%	148.82%	80.50%	-1.60%	24.44%
Net Cash Per Share	20.09	16.95	11.03	4.65	2.55	2.58
Filing Date Shares Outstanding	615.96	609.79	598.22	592.96	590.11	587.25
Total Common Shares Outstanding	615.96	609.79	598.22	592.96	590.11	587.25
Working Capital	2,304	1,674	771.77	613.12	463.52	1,432
Book Value Per Share	5.19	4.57	3.75	3.16	2.88	2.18
Tangible Book Value	1,513	1,101	890.91	526.14	371.14	1,279
Tangible Book Value Per Share	2.46	1.81	1.49	0.89	0.63	2.18
Buildings	390.19	390.19	394.8	394.8	394.95	350.66
Machinery	193	176.64	134.77	104.92	89.11	48.69