SHE:002052 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	319.26	328.41	11.03	36.65	14.64
Cash & Short-Term Investments	319.26	328.41	11.03	36.65	14.64
Cash Growth	-2.79%	2876.22%	-69.90%	150.40%	-78.39%
Accounts Receivable	49.52	457.87	79.5	99.99	100.06
Other Receivables	2.29	4.27	18.35	21.98	13.62
Receivables	51.81	462.14	97.85	121.97	113.68
Inventory	20.94	227.43	47.58	35.84	28.23
Other Current Assets	77.67	71.22	39.88	77.62	35.42
Total Current Assets	469.68	1,089	196.34	272.08	191.97
Property, Plant & Equipment	28.99	54.8	78.62	40.26	212.48
Long-Term Investments	10.99	36.54	41.52	51.68	55.91
Goodwill	1.97	2.01	4.1	1.94	-
Other Intangible Assets	4.71	5.09	5.52	5.95	22.3
Long-Term Deferred Charges	0.54	1.78	2.11	1.76	2.29
Other Long-Term Assets	41.14	50.23	59.9	67.58	0.78
Total Assets	558.03	1,240	388.11	441.27	485.74
Accounts Payable	38.17	804.58	36.4	31.86	35.57
Accrued Expenses	13.9	92.99	84.44	84.11	95.67
Short-Term Debt	-	107.19	121.46	96.08	141.13
Current Portion of Long-Term Debt	8.63	-	-	-	-
Current Portion of Leases	-	9.81	10.57	2.55	4.21
Current Income Taxes Payable	6.81	1.18	0.01	0.01	0.42
Current Unearned Revenue	9.3	97.55	58.13	66	24.33
Other Current Liabilities	218.39	17.26	22.5	29.96	86.47
Total Current Liabilities	295.2	1,131	333.51	310.57	387.8
Long-Term Leases	2.01	8.14	15.32	7.14	17.59
Long-Term Unearned Revenue	2.96	4.33	7.18	8.91	14.13
Other Long-Term Liabilities	23.54	46.43	38.59	38.7	25.82
Total Liabilities	323.71	1,189	394.59	365.32	445.34
Common Stock	752.44	745.96	745.96	745.96	745.96
Additional Paid-In Capital	1,035	1,027	1,017	1,015	918.93
Retained Earnings	-1,511	-1,691	-1,760	-1,684	-1,637
Comprehensive Income & Other	-0.34	5.32	6.17	7.13	12.21
Total Common Equity	276.41	87.08	8.45	83.97	40.56
Minority Interest	-42.1	-36.91	-14.93	-8.02	-0.16
Shareholders' Equity	234.32	50.16	-6.48	75.95	40.4
Total Liabilities & Equity	558.03	1,240	388.11	441.27	485.74
Total Debt	10.64	125.14	147.35	105.78	162.93
Net Cash (Debt)	308.63	203.27	-136.31	-69.12	-148.29
Net Cash Growth	51.83%	-	-	-	-
Net Cash Per Share	0.41	0.26	-0.18	-0.09	-0.20
Filing Date Shares Outstanding	761.56	745.96	745.96	745.96	745.96
Total Common Shares Outstanding	761.56	745.96	745.96	745.96	745.96
Working Capital	174.48	-41.36	-137.16	-38.49	-195.83
Book Value Per Share	0.36	0.12	0.01	0.11	0.05
Tangible Book Value	269.73	79.98	-1.17	76.07	18.26
Tangible Book Value Per Share	0.35	0.11	-0.00	0.10	0.02
Buildings	-	-	-	-	327.8
Machinery	-	89.16	91.97	63.11	109.32
Construction In Progress	-	-	3.5	0.69	0.6

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