SHE:000004 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	116.53	72.25	93.71	129.09	169.45
Cash & Short-Term Investments	116.53	72.25	93.71	129.09	169.45
Cash Growth	61.28%	-22.89%	-27.41%	-23.82%	-5.96%
Accounts Receivable	161.2	78.84	181.62	304.72	370.7
Other Receivables	25.85	9.68	26.16	27.42	11.32
Receivables	187.05	88.52	207.78	332.14	382.01
Inventory	3.85	5.22	1.16	1.15	20.6
Other Current Assets	8.9	8.92	21.65	45.83	43.71
Total Current Assets	316.33	174.92	324.29	508.21	615.77
Property, Plant & Equipment	15.72	19.86	10.59	10.65	5.75
Long-Term Investments	29.03	10.85	10.85	0.25	9.41
Goodwill	0.6	0.6	-	-	430.83
Other Intangible Assets	19.58	33.2	18.22	24.5	37.32
Long-Term Deferred Tax Assets	30.17	71.46	49.15	32.76	11.06
Other Long-Term Assets	0.31	0.32	0.34	0.36	0.44
Total Assets	411.74	311.21	413.45	576.73	1,111
Accounts Payable	144.56	99.26	89.72	112.35	55
Accrued Expenses	13.39	35.1	31.55	41.78	41.86
Short-Term Debt	-	3.3	-	-	-
Current Portion of Long-Term Debt	3.79	-	-	-	-
Current Portion of Leases	-	3.95	3.42	3.11	2.42
Current Income Taxes Payable	38.47	15.39	15.39	15.42	20.7
Current Unearned Revenue	19.67	30.33	41.15	19.46	13.6
Other Current Liabilities	66.35	13.89	13.78	18.57	22.92
Total Current Liabilities	286.25	201.23	195	210.69	156.5
Long-Term Leases	2.62	6.25	7.28	5.71	0.48
Long-Term Unearned Revenue	0.47	1.27	1.27	1.27	1.27
Long-Term Deferred Tax Liabilities	1.9	4.57	1.96	2.49	1.83
Other Long-Term Liabilities	0.94	24.97	14.07	3.99	2.24
Total Liabilities	292.17	238.3	219.58	224.15	162.33
Common Stock	132.38	132.38	132.38	132.85	156
Additional Paid-In Capital	1,232	1,232	1,232	1,232	1,209
Retained Earnings	-1,294	-1,301	-1,169	-1,012	-416.91
Comprehensive Income & Other	23.25	-	-	-	-
Total Common Equity	93.77	64.04	195.57	352.57	947.69
Minority Interest	25.79	8.87	-1.71	0.02	0.56
Shareholders' Equity	119.57	72.91	193.87	352.59	948.24
Total Liabilities & Equity	411.74	311.21	413.45	576.73	1,111
Total Debt	6.41	13.51	10.7	8.82	2.9
Net Cash (Debt)	110.12	58.75	83.01	120.27	166.54
Net Cash Growth	87.44%	-29.23%	-30.98%	-27.79%	-2.13%
Net Cash Per Share	0.83	0.44	0.63	0.82	1.03
Filing Date Shares Outstanding	132.34	132.38	132.38	132.85	156
Total Common Shares Outstanding	132.34	132.38	132.38	132.85	156
Working Capital	30.08	-26.32	129.29	297.52	459.27
Book Value Per Share	0.71	0.48	1.48	2.65	6.07
Tangible Book Value	73.6	30.24	177.35	328.07	479.54
Tangible Book Value Per Share	0.56	0.23	1.34	2.47	3.07
Buildings	-	5.09	1	1	1
Machinery	-	19.71	7.4	7.14	6.34
Construction In Progress	-	0.06	-	-	-