SHE:000995 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	21.78	57.44	44.2	17.59	19	10.64
Cash & Short-Term Investments	21.78	57.44	44.2	17.59	19	10.64
Cash Growth	-20.35%	29.94%	151.26%	-7.42%	78.59%	55.96%
Accounts Receivable	12.33	8.99	2.76	4.25	5.47	6.98
Other Receivables	30.44	30.36	30.2	31.26	31.46	31.41
Receivables	42.77	40.1	33.71	35.51	36.93	38.38
Inventory	210.27	191.17	169.86	175.88	164.12	144.75
Prepaid Expenses	-	0	0	-	-	-
Other Current Assets	3.23	1.95	2.68	2.55	4.38	12.42
Total Current Assets	278.06	290.65	250.46	231.54	224.43	206.19
Property, Plant & Equipment	85.79	87.82	92.71	99.82	105.72	108.05
Long-Term Investments	1	1	1	1	1	-
Other Intangible Assets	138.37	140.23	144.51	148.6	152.93	157.22
Long-Term Deferred Tax Assets	0.08	0.08	0.14	0.51	0.31	0.22
Long-Term Deferred Charges	2.3	2.47	1.44	1.34	1.77	1.42
Other Long-Term Assets	-	-	-	0.14	-	-
Total Assets	505.6	522.25	490.27	482.94	486.16	473.11
Accounts Payable	88.32	75.32	57.61	82.51	77.65	60.42
Accrued Expenses	11.55	75.1	81.58	84.74	88.55	83.26
Short-Term Debt	5	83.19	91.2	71.26	74.7	83.12
Current Portion of Long-Term Debt	-	-	50	-	-	50.06
Current Portion of Leases	-	0.45	-	0.77	0.74	0.51
Current Income Taxes Payable	45.24	2.63	2.04	0	0	0.01
Current Unearned Revenue	3.74	10.86	4.89	2.52	3.12	10.97
Other Current Liabilities	133.6	52.28	49.75	45.2	38.07	43.37
Total Current Liabilities	287.45	299.83	337.05	287.01	282.84	331.71
Long-Term Debt	50	50	-	50	50	-
Long-Term Leases	1.46	1.46	-	-	0.77	1.09
Long-Term Deferred Tax Liabilities	-	-	0.03	0.22	-	-
Other Long-Term Liabilities	-	-	-	23.04	17.75	17.25
Total Liabilities	338.91	351.29	337.09	360.27	351.36	350.05
Common Stock	177.41	177.41	177.41	177.41	177.41	177.41
Additional Paid-In Capital	562.62	562.02	558.66	555.61	552.77	549.69
Retained Earnings	-574.73	-569.91	-584.03	-611.73	-596.69	-604.04
Total Common Equity	165.3	169.52	152.04	121.29	133.49	123.06
Minority Interest	1.39	1.43	1.14	1.38	1.3	-
Shareholders' Equity	166.68	170.95	153.18	122.67	134.8	123.06
Total Liabilities & Equity	505.6	522.25	490.27	482.94	486.16	473.11
Total Debt	56.46	135.1	141.2	122.03	126.21	134.78
Net Cash (Debt)	-34.68	-77.66	-96.99	-104.44	-107.21	-124.14
Net Cash Per Share	-0.20	-0.44	-0.56	-0.56	-0.58	-0.73
Filing Date Shares Outstanding	177.41	177.41	177.41	177.41	177.41	177.41
Total Common Shares Outstanding	177.41	177.41	177.41	177.41	177.41	177.41
Working Capital	-9.39	-9.18	-86.6	-55.47	-58.4	-125.52
Book Value Per Share	0.93	0.96	0.86	0.68	0.75	0.69
Tangible Book Value	26.93	29.29	7.52	-27.32	-19.43	-34.16
Tangible Book Value Per Share	0.15	0.17	0.04	-0.15	-0.11	-0.19
Buildings	-	168.94	168.94	168.94	168.95	168.44
Machinery	-	99.36	98.13	95.82	93.74	88.88

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