SHE:000889 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	130.44	55.18	137.57	267.79	383.73
Cash & Short-Term Investments	130.44	55.18	137.57	267.79	383.73
Cash Growth	136.36%	-59.89%	-48.63%	-30.21%	-47.13%
Accounts Receivable	568.44	564.4	450.06	439.05	493.52
Other Receivables	18.88	21.76	19.78	60.3	23.4
Receivables	587.32	586.16	469.85	499.35	516.92
Inventory	28.99	42.99	38.7	50.45	53.57
Other Current Assets	41.93	43.4	62.93	61.41	55.11
Total Current Assets	788.67	727.74	709.05	879	1,009
Property, Plant & Equipment	49.31	67.79	70.23	44.01	48.96
Goodwill	110.14	110.14	110.14	110.14	127.21
Other Intangible Assets	0.4	0.84	3.14	10.57	19.63
Long-Term Deferred Tax Assets	11.06	12	9.67	10.68	26.91
Long-Term Deferred Charges	0.06	2.36	2.7	0.12	-
Other Long-Term Assets	-	-	-	243.94	243.94
Total Assets	959.65	920.86	904.93	1,298	1,476
Accounts Payable	467.2	440.37	392.56	429.61	467.75
Accrued Expenses	51.02	40.04	45.75	55.83	33.56
Short-Term Debt	8.08	39.04	43.02	73.18	151.99
Current Portion of Long-Term Debt	1.61	-	5.01	10.02	-
Current Portion of Leases	-	5.05	3.74	2.18	3.14
Current Income Taxes Payable	4.15	0	0	0	0.02
Current Unearned Revenue	55.1	64.55	68.95	85.63	99.87
Other Current Liabilities	216.25	208.39	195.25	369.62	375.2
Total Current Liabilities	803.4	797.44	754.29	1,026	1,132
Long-Term Debt	70.06	-	-	5	-
Long-Term Leases	6.3	14.13	6.89	1.14	1.35
Long-Term Deferred Tax Liabilities	5.91	8.81	7.8	4.82	4.64
Total Liabilities	885.67	820.38	768.98	1,037	1,138
Common Stock	936.29	936.29	936.29	936.29	936.29
Additional Paid-In Capital	1,490	1,490	1,490	1,490	1,502
Retained Earnings	-2,352	-2,326	-2,290	-2,165	-2,086
Treasury Stock	-	-	-	-	-14.44
Total Common Equity	73.85	100.32	135.75	261.05	337.92
Minority Interest	0.13	0.16	0.2	0.38	0.52
Shareholders' Equity	73.98	100.48	135.95	261.43	338.44
Total Liabilities & Equity	959.65	920.86	904.93	1,298	1,476
Total Debt	86.04	58.22	58.66	91.53	156.49
Net Cash (Debt)	44.39	-3.03	78.91	176.26	227.24
Net Cash Growth	-	-	-55.23%	-22.43%	-49.95%
Net Cash Per Share	0.05	-0.00	0.08	0.19	0.24
Filing Date Shares Outstanding	928.8	936.29	936.29	936.29	935.16
Total Common Shares Outstanding	928.8	936.29	936.29	936.29	935.16
Working Capital	-14.73	-69.71	-45.24	-147.07	-122.21
Book Value Per Share	0.08	0.11	0.14	0.28	0.36
Tangible Book Value	-36.69	-10.66	22.47	140.33	191.09
Tangible Book Value Per Share	-0.04	-0.01	0.02	0.15	0.20
Buildings	-	6.47	6.47	6.47	6.47
Machinery	-	137.08	128.9	124.01	133.35
Construction In Progress	-	0.92	7.95	0.52	-

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