SHE:301308 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	Dec '21 Dec 31, 2021
Cash & Equivalents	-	1,478	1,025	1,219	1,917	608.68
Trading Asset Securities	-	35.62	162.32	-	561.88	-
Cash & Short-Term Investments	3,256	1,514	1,187	1,219	2,479	608.68
Cash Growth	143.45%	27.51%	-2.60%	-50.83%	307.28%	-61.60%
Accounts Receivable	-	2,045	1,672	1,345	913.72	615.64
Other Receivables	-	262.32	68.4	19.97	4.43	6.35
Receivables	-	2,313	1,746	1,368	918.15	621.99
Inventory	-	11,678	7,833	5,893	3,744	3,592
Prepaid Expenses	-	30.71	57.41	37.76	17.03	0.54
Other Current Assets	-	1,072	859.18	547.29	178.04	138.82
Total Current Assets	-	16,608	11,683	9,065	7,336	4,963
Property, Plant & Equipment	-	2,661	2,423	2,019	644.7	480.58
Long-Term Investments	-	941.67	750.08	419.04	382.62	286.91
Goodwill	-	820.18	793.98	868.66	-	-
Other Intangible Assets	-	430.62	424.2	465.04	284.02	279.16
Long-Term Deferred Tax Assets	-	503.64	537.63	446.49	177.08	77.39
Long-Term Deferred Charges	-	136.38	109.5	80.43	9.73	4.07
Other Long-Term Assets	-	634.13	155.63	302.06	129.13	64.6
Total Assets	-	22,751	16,897	13,680	8,964	6,155

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	Dec '21 Dec 31, 2021
Accounts Payable	-	2,017	1,141	1,147	662.5	693.57
Accrued Expenses	-	527.89	280.12	167.05	48.64	92.94
Short-Term Debt	-	5,245	3,696	2,916	1,075	725.93
Current Portion of Long-Term Debt	-	867.72	1,466	254.71	-	-
Current Portion of Leases	-	25.32	22.33	16.35	6.89	15.31
Current Income Taxes Payable	-	119.34	129.43	5.42	149.9	125.66
Current Unearned Revenue	-	354.64	94.8	65.84	15.61	38.28
Other Current Liabilities	-	567.16	393.37	360.55	38.66	35.3
Total Current Liabilities	-	9,724	7,223	4,933	1,997	1,727
Long-Term Debt	-	4,377	2,517	2,092	250.23	-
Long-Term Leases	-	51.23	64.42	68.2	4.79	4.87
Long-Term Unearned Revenue	-	35.26	20.65	14.58	4.36	5.23
Long-Term Deferred Tax Liabilities	-	161.36	135.16	99.97	52.06	31.25
Other Long-Term Liabilities	-	40.27	36.87	22.05	16.17	13.29
Total Liabilities	-	14,389	9,997	7,230	2,325	1,782

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	Dec '21 Dec 31, 2021
Common Stock	-	419.15	415.98	412.86	412.86	370.86
Additional Paid-In Capital	-	4,294	4,416	4,078	3,879	1,736
Retained Earnings	-	3,200	1,777	1,382	2,210	2,335
Comprehensive Income & Other	-	-58.61	-140.73	148.59	137.01	-68.53
Total Common Equity	18,583	7,854	6,467	6,021	6,639	4,374
Minority Interest	-	507.37	432.02	428.28	-	-
Shareholders' Equity	18,812	8,362	6,900	6,449	6,639	4,374
Total Liabilities & Equity	-	22,751	16,897	13,680	8,964	6,155

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	Dec '21 Dec 31, 2021
Total Debt	16,703	10,566	7,766	5,348	1,337	746.1
Net Cash (Debt)	-13,448	-9,052	-6,579	-4,129	1,142	-137.42
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-31.82	-21.50	-15.83	-10.00	2.98	-0.37
Filing Date Shares Outstanding	425.36	419.15	415.98	412.86	412.86	370.86
Total Common Shares Outstanding	425.36	419.15	415.98	412.86	412.86	370.86
Working Capital	-	6,885	4,460	4,132	5,339	3,236
Book Value Per Share	43.92	18.74	15.55	14.58	16.08	11.79
Tangible Book Value	17,352	6,603	5,249	4,687	6,355	4,094
Tangible Book Value Per Share	41.02	15.75	12.62	11.35	15.39	11.04
Buildings	-	1,301	969.67	562.96	354.45	351.65
Machinery	-	1,919	1,489	1,136	256.53	162.18
Construction In Progress	-	58.77	266.25	422.95	123.03	13.62