SHE:000889 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	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	88.18	130.44	55.18	137.57	267.79	383.73
Cash & Short-Term Investments	88.18	130.44	55.18	137.57	267.79	383.73
Cash Growth	125.24%	136.36%	-59.89%	-48.63%	-30.21%	-47.13%
Accounts Receivable	598.03	568.44	564.4	450.06	439.05	493.52
Other Receivables	18.51	18.88	21.76	19.78	60.3	23.4
Receivables	616.54	587.32	586.16	469.85	499.35	516.92
Inventory	43.79	28.99	42.99	38.7	50.45	53.57
Other Current Assets	39.69	41.93	43.4	62.93	61.41	55.11
Total Current Assets	788.21	788.67	727.74	709.05	879	1,009
Property, Plant & Equipment	45.51	49.31	67.79	70.23	44.01	48.96
Goodwill	110.14	110.14	110.14	110.14	110.14	127.21
Other Intangible Assets	0.29	0.4	0.84	3.14	10.57	19.63
Long-Term Deferred Tax Assets	11.05	11.06	12	9.67	10.68	26.91
Long-Term Deferred Charges	0.05	0.06	2.36	2.7	0.12	-
Other Long-Term Assets	-	-	-	-	243.94	243.94
Total Assets	955.24	959.65	920.86	904.93	1,298	1,476
Accounts Payable	432.99	467.2	440.37	392.56	429.61	467.75
Accrued Expenses	62.42	54.25	40.04	45.75	55.83	33.56
Short-Term Debt	22	21.09	39.04	43.02	73.18	151.99
Current Portion of Long-Term Debt	1.45	-	-	5.01	10.02	-
Current Portion of Leases	-	1.61	5.05	3.74	2.18	3.14
Current Income Taxes Payable	4.89	0	0	0	0	0.02
Current Unearned Revenue	66.66	55.1	64.55	68.95	85.63	99.87
Other Current Liabilities	213.74	204.14	208.39	195.25	369.62	375.2
Total Current Liabilities	804.13	803.4	797.44	754.29	1,026	1,132
Long-Term Debt	69.5	70.06	-	-	5	-
Long-Term Leases	6.19	6.3	14.13	6.89	1.14	1.35
Long-Term Deferred Tax Liabilities	5.84	5.91	8.81	7.8	4.82	4.64
Total Liabilities	885.66	885.67	820.38	768.98	1,037	1,138
Common Stock	936.29	936.29	936.29	936.29	936.29	936.29
Additional Paid-In Capital	1,490	1,490	1,490	1,490	1,490	1,502
Retained Earnings	-2,357	-2,352	-2,326	-2,290	-2,165	-2,086
Treasury Stock	-	-	-	-	-	-14.44
Total Common Equity	69.45	73.85	100.32	135.75	261.05	337.92
Minority Interest	0.13	0.13	0.16	0.2	0.38	0.52
Shareholders' Equity	69.58	73.98	100.48	135.95	261.43	338.44
Total Liabilities & Equity	955.24	959.65	920.86	904.93	1,298	1,476
Total Debt	99.14	99.06	58.22	58.66	91.53	156.49
Net Cash (Debt)	-10.95	31.38	-3.03	78.91	176.26	227.24
Net Cash Growth	-	-	-	-55.23%	-22.43%	-49.95%
Net Cash Per Share	-0.01	0.03	-0.00	0.08	0.19	0.24
Filing Date Shares Outstanding	935.66	936.29	936.29	936.29	936.29	935.16
Total Common Shares Outstanding	935.66	936.29	936.29	936.29	936.29	935.16
Working Capital	-15.93	-14.73	-69.71	-45.24	-147.07	-122.21
Book Value Per Share	0.07	0.08	0.11	0.14	0.28	0.36
Tangible Book Value	-40.98	-36.69	-10.66	22.47	140.33	191.09
Tangible Book Value Per Share	-0.04	-0.04	-0.01	0.02	0.15	0.20
Buildings	-	6.47	6.47	6.47	6.47	6.47
Machinery	-	141.38	137.08	128.9	124.01	133.35
Construction In Progress	-	0.3	0.92	7.95	0.52	-

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