SHE:000017 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	0.06	0.22	0.01	3.81	0.03
Short-Term Investments	75.41	80.75	54.13	50.89	33.22
Cash & Short-Term Investments	75.47	80.97	54.15	54.7	33.25
Cash Growth	-6.79%	49.54%	-1.01%	64.53%	67.17%
Accounts Receivable	204.78	233.61	196.29	251.17	46.85
Other Receivables	0.82	19.69	23.68	0.44	0.49
Receivables	205.6	253.3	219.98	251.61	47.34
Inventory	184.69	84.35	81.92	48.21	8.25
Other Current Assets	1.47	3.06	4.22	39.74	3.11
Total Current Assets	467.23	421.68	360.26	394.26	91.95
Property, Plant & Equipment	5.09	6.77	4.1	2.48	4.94
Long-Term Investments	0	0.83	-	-	-
Long-Term Deferred Tax Assets	5.68	5.17	4.91	0.12	0.06
Other Long-Term Assets	-	-	0.4	0.4	0.4
Total Assets	478	434.45	369.68	397.25	97.36
Accounts Payable	3.37	7.64	6.21	2.88	8.3
Accrued Expenses	5.01	1.56	8.54	37.77	2.41
Short-Term Debt	34.54	18.49	9.58	16.5	23.33
Current Portion of Leases	1.43	1.39	0.85	0.21	1.46
Current Income Taxes Payable	5.83	3.7	3.83	1.11	0.03
Current Unearned Revenue	0.07	4.87	0.63	0.79	0.12
Other Current Liabilities	32.22	25.46	29.61	32.25	37.49
Total Current Liabilities	82.46	63.1	59.26	91.52	73.13
Long-Term Leases	1.66	3.21	1.02	-	0.23
Other Long-Term Liabilities	-	-	-	0.89	-
Total Liabilities	84.12	66.31	60.28	92.41	73.36
Common Stock	689.18	689.18	689.18	689.18	551.35
Additional Paid-In Capital	169.87	169.87	151.72	-	-
Retained Earnings	-1,102	-1,143	-1,160	-1,178	-1,170
Comprehensive Income & Other	627.2	627.83	627.83	778.82	627.83
Total Common Equity	384.26	343.76	308.76	290.13	8.92
Minority Interest	9.62	24.38	0.64	14.72	15.08
Shareholders' Equity	393.88	368.14	309.4	304.85	24
Total Liabilities & Equity	478	434.45	369.68	397.25	97.36
Total Debt	37.64	23.09	11.44	16.71	25.01
Net Cash (Debt)	37.84	57.88	42.7	37.99	8.23
Net Cash Growth	-34.63%	35.54%	12.41%	361.37%	-38.50%
Net Cash Per Share	0.06	0.07	0.07	0.05	0.02
Filing Date Shares Outstanding	689.18	689.18	689.18	689.18	551.35
Total Common Shares Outstanding	689.18	689.18	689.18	689.18	551.35
Working Capital	384.77	358.58	301.01	302.74	18.82
Book Value Per Share	0.56	0.50	0.45	0.42	0.02
Tangible Book Value	384.26	343.76	308.76	290.13	8.92
Tangible Book Value Per Share	0.56	0.50	0.45	0.42	0.02
Buildings	2.96	2.96	2.96	2.96	2.96
Machinery	2.7	2.64	1.79	1.74	2.64

Source: S&P Global Market Intelligence. Standard template. Financial Sources.