SHE:000633 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	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	19.05	21.48	34.42	7.93	9.5	16.5
Cash & Short-Term Investments	19.05	21.48	34.42	7.93	9.5	16.5
Cash Growth	-23.06%	-37.61%	333.81%	-16.47%	-42.42%	-18.31%
Accounts Receivable	99	77.64	77.48	58.19	86.12	59.8
Other Receivables	3.15	3.38	3.07	1.22	1.13	0.93
Receivables	102.15	81.03	80.55	59.41	87.25	60.73
Inventory	76.98	78.87	65.73	57.34	48.76	41.15
Other Current Assets	28.1	9.49	7.35	2.87	2.91	7.36
Total Current Assets	226.28	190.87	188.06	127.55	148.42	125.73
Property, Plant & Equipment	220	228.19	292.99	81.56	83.27	86.24
Long-Term Investments	0.64	0.64	1.3	11.07	11.93	13.16
Other Intangible Assets	12.14	12.24	12.42	12.76	13.11	13.45
Long-Term Deferred Tax Assets	25.37	25.55	26.76	0.5	-	-
Long-Term Deferred Charges	0.19	0.2	0.09	-	-	-
Other Long-Term Assets	0.01	0.01	0.01	0.01	0.01	0.01
Total Assets	484.64	457.71	521.64	233.45	256.74	238.58
Accounts Payable	27.91	26.21	35.71	8.25	34.79	24.2
Accrued Expenses	3.26	5.24	1.11	2.28	4.54	3.01
Short-Term Debt	30.03	10.01	5.01	5.01	-	-
Current Portion of Long-Term Debt	36.15	1.38	1.42	1.62	1.69	1.79
Current Portion of Leases	-	26.87	61.97	0.31	-	-
Current Income Taxes Payable	2.16	1.41	1.18	1.14	1.44	0.05
Current Unearned Revenue	2.76	2.37	0.49	1.22	0.3	0.59
Other Current Liabilities	5.16	20.61	8.49	2.59	5.92	2.61
Total Current Liabilities	107.42	94.1	115.38	22.41	48.69	32.24
Long-Term Debt	38.73	20.07	22.13	25.59	28.29	31.65
Long-Term Leases	88.12	92.6	119.96	1.07	-	-
Long-Term Unearned Revenue	4.19	4.32	4.86	5.41	5.95	6.49
Long-Term Deferred Tax Liabilities	22.86	22.86	26.59	0.5	-	-
Other Long-Term Liabilities	20.6	22.84	31.76	-	-	-
Total Liabilities	281.92	256.79	320.7	54.97	82.93	70.39
Common Stock	385.11	385.11	385.11	385.11	385.11	385.11
Additional Paid-In Capital	49	49	47.87	47.87	47.87	47.87
Retained Earnings	-231.15	-232.68	-240.25	-251.92	-257.74	-263.63
Comprehensive Income & Other	-3.66	-3.88	-3.7	-2.57	-1.43	-1.15
Total Common Equity	199.3	197.55	189.03	178.48	173.81	168.2
Minority Interest	3.42	3.37	11.91	-	-	-
Shareholders' Equity	202.72	200.92	200.94	178.48	173.81	168.2
Total Liabilities & Equity	484.64	457.71	521.64	233.45	256.74	238.58
Total Debt	193.02	150.93	210.5	33.59	29.98	33.44
Net Cash (Debt)	-173.97	-129.45	-176.08	-25.65	-20.48	-16.95
Net Cash Per Share	-0.45	-0.34	-0.46	-0.07	-0.05	-0.04
Filing Date Shares Outstanding	385.11	385.11	385.11	385.11	385.11	385.11
Total Common Shares Outstanding	385.11	385.11	385.11	385.11	385.11	385.11
Working Capital	118.86	96.77	72.68	105.14	99.73	93.49
Book Value Per Share	0.52	0.51	0.49	0.46	0.45	0.44
Tangible Book Value	187.15	185.31	176.61	165.72	160.7	154.75
Tangible Book Value Per Share	0.49	0.48	0.46	0.43	0.42	0.40
Buildings	-	94.11	94.21	88.4	88.4	88.4
Machinery	-	81.76	77.87	45.36	45.21	45.61