SHE:002168 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	67.9	38.73	71.51	94.16	80.78
Cash & Short-Term Investments	67.9	38.73	71.51	94.16	80.78
Cash Growth	75.33%	-45.84%	-24.05%	16.56%	-29.80%
Accounts Receivable	236.49	178.47	184.89	120.03	119.94
Other Receivables	18.67	7.9	23.77	28.8	145.19
Receivables	255.16	186.37	208.66	148.83	265.13
Inventory	89.37	83.58	66.18	34.35	35.5
Prepaid Expenses	-	-	-	-	0.18
Other Current Assets	33.23	36.62	57.7	12.91	33.13
Total Current Assets	445.67	345.29	404.05	290.25	414.71
Property, Plant & Equipment	49.56	132.66	163.63	165.01	164.25
Long-Term Investments	82.46	93.85	127.26	137.43	136.68
Goodwill	29.29	-	-	0.36	0.36
Other Intangible Assets	38.92	42.96	37.32	12.73	11.9
Long-Term Accounts Receivable	-	6.72	4.32	2.77	3.35
Long-Term Deferred Tax Assets	9.38	22.24	55.92	56.47	61.05
Long-Term Deferred Charges	6.23	12.29	20.98	18.17	36.98
Other Long-Term Assets	202.24	135.22	130.5	127.96	126.43
Total Assets	863.75	791.22	943.98	811.15	955.71
Accounts Payable	255.91	197.63	225.58	168.28	192.03
Accrued Expenses	7.24	55.91	58.77	58.28	29.59
Short-Term Debt	158.14	270.13	280.74	233	128
Current Portion of Long-Term Debt	95.54	106.5	100.95	101	162.36
Current Portion of Leases	-	6.75	13.13	8.02	5.1
Current Income Taxes Payable	8.42	-	0.04	0.01	0
Current Unearned Revenue	14.82	2.98	2.5	1.81	4.15
Other Current Liabilities	144.93	35.2	18.97	14.72	87.08
Total Current Liabilities	685	675.08	700.68	585.12	608.31
Long-Term Debt	97.44	118.8	142.5	156.55	196.42
Long-Term Leases	5.46	12.31	32.42	3.35	4.28
Long-Term Unearned Revenue	3.49	2.28	0.4	0.44	0.95
Long-Term Deferred Tax Liabilities	3.79	15.09	20.45	15.82	11.74
Other Long-Term Liabilities	5.61	6.51	1.51	1.91	-
Total Liabilities	800.78	830.09	897.97	763.21	821.7
Common Stock	784.16	784.16	784.16	799.17	801.93
Additional Paid-In Capital	517.94	357.94	257.94	349.67	318.01
Retained Earnings	-1,233	-1,154	-1,005	-999.96	-884.27
Treasury Stock	-	-	-	-106.74	-112.84
Comprehensive Income & Other	-52.67	-42.5	-19.66	-21.54	-19.55
Total Common Equity	15.99	-54.82	17.54	20.61	103.28
Minority Interest	46.98	15.96	28.47	27.33	30.73
Shareholders' Equity	62.97	-38.87	46.01	47.94	134.01
Total Liabilities & Equity	863.75	791.22	943.98	811.15	955.71
Total Debt	356.58	514.49	569.75	501.93	496.16
Net Cash (Debt)	-288.68	-475.76	-498.24	-407.77	-415.38
Net Cash Per Share	-0.37	-0.61	-0.63	-0.53	-0.52
Filing Date Shares Outstanding	782.65	784.16	784.16	787.1	789.86
Total Common Shares Outstanding	782.65	784.16	784.16	787.1	789.86
Working Capital	-239.33	-329.79	-296.64	-294.87	-193.6
Book Value Per Share	0.02	-0.07	0.02	0.03	0.13
Tangible Book Value	-52.22	-97.79	-19.78	7.51	91.02
Tangible Book Value Per Share	-0.07	-0.12	-0.03	0.01	0.12
Buildings	-	92.14	93.57	205.12	207.44
Machinery	-	89.45	99.89	129.11	121.27
Construction In Progress	-	1.68	2.83	1.38	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.