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	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	11,087	9,251	6,559	2,570	1,219	1,607
Trading Asset Securities	2,720	2,191	929.97	384.67	854.92	-
Cash & Short-Term Investments	13,808	11,443	7,489	2,954	2,074	1,607
Cash Growth	35.25%	52.79%	153.51%	42.45%	29.01%	30.71%
Accounts Receivable	239.13	201.91	136.25	106.98	44.49	8.94
Other Receivables	15.4	14.16	56.56	8.39	30.57	53.18
Receivables	254.53	216.07	318.82	264.39	101.07	62.12
Inventory	11.77	2.29	0.17	0.49	1.09	1.04
Prepaid Expenses	-	0	19.37	2.93	38.36	4.61
Other Current Assets	1,518	1,221	791.4	274.5	180.25	19.61
Total Current Assets	15,592	12,882	8,619	3,497	2,395	1,695
Property, Plant & Equipment	443.24	442	433.25	418.16	424.77	330.5
Long-Term Investments	74.98	85.6	222.09	16.08	-	-
Goodwill	1,589	1,589	1,287	1,287	1,287	-
Other Intangible Assets	92.58	99.66	68.12	60.38	43.42	3.28
Long-Term Deferred Tax Assets	185.62	165.47	172.94	127.72	109.24	15.02
Long-Term Deferred Charges	19.88	20.35	18.17	10.1	5.05	1.68
Other Long-Term Assets	22.4	13.25	53.63	15.35	3.48	0.24
Total Assets	18,019	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	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	83.96	130.13	113.46	60.48	46.48	37.63
Accrued Expenses	227.22	284.04	277.34	108.43	79.72	91.59
Short-Term Debt	757.24	525.05	672.94	192.44	532.95	74.73
Current Portion of Leases	24.64	23.51	18.73	14.56	9.45	1.45
Current Income Taxes Payable	15.57	0.34	0.41	0.47	0.22	0.7
Current Unearned Revenue	55.71	67.38	77.5	38.94	38.55	41.05
Other Current Liabilities	12,246	10,178	6,687	2,468	1,224	15.3
Total Current Liabilities	13,410	11,208	7,847	2,883	1,931	262.45
Long-Term Debt	498.35	420.35	-	-	-	-
Long-Term Leases	21.11	33.04	34.75	29.27	25.65	0.94
Long-Term Unearned Revenue	952.93	861.34	759.95	659.82	623.54	500.12
Long-Term Deferred Tax Liabilities	4.26	4.73	4.87	5.19	5.59	-
Other Long-Term Liabilities	1.05	1.31	1.24	-	-	-
Total Liabilities	14,888	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	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	894.05	609.79	412.56	408.94	406.97	405
Additional Paid-In Capital	926.85	829.29	700.83	436.52	338.75	260.08
Retained Earnings	1,345	1,360	1,132	1,028	955.38	617
Comprehensive Income & Other	-21.13	-9.81	-	-0.39	-	-
Total Common Equity	3,145	2,789	2,246	1,873	1,701	1,282
Minority Interest	-13.83	-21.51	-19.88	-19.87	-19.86	-
Shareholders' Equity	3,131	2,768	2,226	1,853	1,681	1,282
Total Liabilities & Equity	18,019	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	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	1,301	1,002	726.42	236.26	568.05	77.12
Net Cash (Debt)	12,506	10,441	6,763	2,718	1,506	1,530
Net Cash Growth	36.11%	54.38%	148.82%	80.50%	-1.60%	24.44%
Net Cash Per Share	14.49	11.69	7.61	3.20	1.76	1.78
Filing Date Shares Outstanding	894.05	884.2	867.41	859.79	855.66	851.51
Total Common Shares Outstanding	894.05	884.2	867.41	859.79	855.66	851.51
Working Capital	2,182	1,674	771.77	613.12	463.52	1,432
Book Value Per Share	3.52	3.15	2.59	2.18	1.99	1.51
Tangible Book Value	1,464	1,101	890.91	526.14	371.14	1,279
Tangible Book Value Per Share	1.64	1.25	1.03	0.61	0.43	1.50
Buildings	-	390.19	394.8	394.8	394.95	350.66
Machinery	-	176.64	134.77	104.92	89.11	48.69