SHE:000506 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	108.93	154.9	90.56	5.23	7.82	10.17
Short-Term Investments	-	-	-	-	4.01	4.01
Cash & Short-Term Investments	108.93	154.9	90.56	5.23	11.83	14.18
Cash Growth	-26.32%	71.04%	1633.01%	-55.84%	-16.56%	-90.80%
Accounts Receivable	10.65	4.54	77.67	1.3	19.73	10.86
Other Receivables	27.79	46.07	85.21	127.92	128.76	47.51
Receivables	38.44	50.61	162.87	129.22	148.49	58.36
Inventory	150.38	137.99	69.24	83.29	188.25	180.45
Prepaid Expenses	-	-	-	-	0.96	0.96
Other Current Assets	85.99	39.66	134.48	11.67	36.62	118.96
Total Current Assets	383.75	383.16	457.16	229.4	386.15	372.93
Property, Plant & Equipment	685.05	675.66	635.85	579.34	561.26	525.89
Long-Term Investments	-	-	26.7	55.98	49.9	45.88
Other Intangible Assets	195.27	196.22	1,300	1,308	61.95	68.4
Long-Term Deferred Tax Assets	67.61	73.88	-	-	35.34	31.12
Long-Term Deferred Charges	0.15	0.17	-	-	-	-
Other Long-Term Assets	138.03	120.99	102.62	124.3	623.1	643.81
Total Assets	1,470	1,450	2,523	2,297	1,718	1,688
Accounts Payable	80.52	93.99	82.53	70.54	124.15	149.15
Accrued Expenses	29.93	185.66	199.84	149.08	169.51	186.56
Short-Term Debt	280.26	287.76	568.37	444.15	412.27	270.36
Current Portion of Long-Term Debt	-	-	-	-	-	368.06
Current Portion of Leases	-	2.42	2.79	2.81	2.71	9.26
Current Income Taxes Payable	35.42	-	-	-	-	-
Current Unearned Revenue	-	9.16	89.66	30.38	74.78	60.94
Other Current Liabilities	76.03	97.9	395.94	210.04	132.23	208.64
Total Current Liabilities	502.16	676.89	1,339	906.99	915.65	1,253
Long-Term Leases	4.67	4.4	6.68	10.14	10.71	3.31
Long-Term Unearned Revenue	-	-	-	52.54	69.75	-
Long-Term Deferred Tax Liabilities	-	-	-	-	2.44	2.72
Other Long-Term Liabilities	38.31	38	35.61	27.91	47	27.5
Total Liabilities	545.14	719.3	1,381	997.58	1,046	1,286
Common Stock	929.02	929.02	929.02	929.02	929.02	929.02
Additional Paid-In Capital	-	55.07	51.26	51.26	51.26	51.26
Retained Earnings	-92.52	-279.93	-438.78	-311.36	-311.47	-564.47
Comprehensive Income & Other	52.6	-5.31	-12.09	4.52	-26.5	-41.19
Total Common Equity	889.09	698.85	529.41	673.45	642.31	374.62
Minority Interest	35.63	31.93	611.93	625.56	29.84	26.91
Shareholders' Equity	924.72	730.78	1,141	1,299	672.14	401.54
Total Liabilities & Equity	1,470	1,450	2,523	2,297	1,718	1,688
Total Debt	284.93	294.58	577.84	457.09	425.7	650.98
Net Cash (Debt)	-176	-139.68	-487.27	-451.87	-413.86	-636.8
Net Cash Per Share	-0.19	-0.15	-0.54	-0.68	-0.45	-0.69
Filing Date Shares Outstanding	929.02	929.02	929.02	929.02	929.02	929.02
Total Common Shares Outstanding	929.02	929.02	929.02	929.02	929.02	929.02
Working Capital	-118.41	-293.74	-881.97	-677.59	-529.5	-880.03
Book Value Per Share	0.96	0.75	0.57	0.72	0.69	0.40
Tangible Book Value	693.82	502.63	-771.02	-634.11	580.36	306.23
Tangible Book Value Per Share	0.75	0.54	-0.83	-0.68	0.62	0.33
Buildings	-	124.13	88.67	76.38	77.08	38.7
Machinery	-	467.12	428.53	433.37	405.61	330.61
Construction In Progress	-	8.97	59.03	24.17	20.27	85.11