SHE:301656 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,403	2,967	1,826	1,411	1,072	387.42
Short-Term Investments	522.2	171.5	54.86	53.4	-	-
Trading Asset Securities	2,105	4,482	1,397	71.59	780.96	30.13
Cash & Short-Term Investments	5,030	7,620	3,278	1,536	1,853	417.55
Cash Growth	-30.16%	132.48%	113.46%	-17.11%	343.68%	-
Accounts Receivable	7,838	6,985	6,915	4,847	2,859	2,254
Other Receivables	24.13	36.39	19.78	43.71	10.3	3.05
Receivables	7,862	7,022	6,935	4,891	2,870	2,257
Inventory	5,065	3,613	3,024	2,356	1,866	890.72
Other Current Assets	349.07	218.83	74.43	259	310.66	140.83
Total Current Assets	18,306	18,474	13,312	9,042	6,899	3,706
Property, Plant & Equipment	6,464	5,330	3,180	2,308	1,406	550.07
Long-Term Investments	67.62	793.53	398.06	181.23	100.26	50
Other Intangible Assets	227.91	225.27	161.56	132.83	117.81	53.76
Long-Term Accounts Receivable	-	52.8	57.82	31.83	20.05	16.12
Long-Term Deferred Tax Assets	707.43	415.71	360.41	315.52	217.26	100.7
Long-Term Deferred Charges	202.42	203.8	30.96	11.09	5.6	-
Other Long-Term Assets	973.55	303.47	571.25	274.42	321.09	137.8
Total Assets	26,949	25,798	18,072	12,297	9,087	4,615

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	13,561	12,667	10,019	6,806	4,002	2,206
Accrued Expenses	351.64	531.74	830.21	555.37	231.83	91.25
Short-Term Debt	-	800.19	16.1	-	274.01	-
Current Portion of Leases	93.42	90.13	48.9	16.65	16.1	8.42
Current Income Taxes Payable	203.13	14.09	53.86	20.79	-	-
Current Unearned Revenue	90.03	85.15	291.86	149.78	218.27	105.09
Other Current Liabilities	1,367	742.21	366.52	278.24	933.64	643.44
Total Current Liabilities	15,667	14,930	11,626	7,826	5,676	3,054
Long-Term Debt	829.99	479.9	874.06	215.74	-	-
Long-Term Leases	89.65	105.35	108.42	38.16	34.57	33.26
Long-Term Unearned Revenue	148.69	136.62	131.89	37.98	28.84	0.67
Long-Term Deferred Tax Liabilities	0.16	-	0	12.91	-	-
Other Long-Term Liabilities	591.09	547.96	495.6	285.52	194.88	162.02
Total Liabilities	17,326	16,200	13,236	8,417	5,934	3,250

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	2,442	2,405	2,116	2,116	2,000	1,100
Additional Paid-In Capital	4,890	4,742	1,425	1,394	1,582	514.54
Retained Earnings	2,288	2,438	1,305	369.14	-428.54	-249.59
Comprehensive Income & Other	3.21	12.69	-9.97	0.39	-	-
Total Common Equity	9,622	9,598	4,836	3,880	3,153	1,365
Minority Interest	-	-	-	-	-	-0.02
Shareholders' Equity	9,622	9,598	4,836	3,880	3,153	1,365
Total Liabilities & Equity	26,949	25,798	18,072	12,297	9,087	4,615

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	1,013	1,476	1,047	270.55	324.68	41.68
Net Cash (Debt)	4,017	6,145	2,230	1,265	1,528	375.88
Net Cash Growth	-20.04%	175.50%	76.31%	-17.20%	306.49%	-
Net Cash Per Share	1.68	2.71	1.05	0.60	-	-
Filing Date Shares Outstanding	2,442	2,405	2,116	2,116	-	-
Total Common Shares Outstanding	2,442	2,405	2,116	2,116	-	-
Working Capital	2,639	3,543	1,686	1,215	1,224	652.42
Book Value Per Share	3.94	3.99	2.29	1.83	-	-
Tangible Book Value	9,394	9,373	4,674	3,747	3,036	1,311
Tangible Book Value Per Share	3.85	3.90	2.21	1.77	-	-
Buildings	-	693.09	519.1	486.74	179.45	-
Machinery	-	4,737	2,845	1,784	969.14	523.5
Construction In Progress	-	802.56	315.81	396.62	456.79	140.86