SHE:002168 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	83.66	67.9	38.73	71.51	94.16	80.78
Cash & Short-Term Investments	83.66	67.9	38.73	71.51	94.16	80.78
Cash Growth	220.05%	75.33%	-45.84%	-24.05%	16.56%	-29.80%
Accounts Receivable	130.45	237.3	178.47	184.89	120.03	119.94
Other Receivables	35.16	18.67	7.9	23.77	28.8	145.19
Receivables	165.61	255.97	186.37	208.66	148.83	265.13
Inventory	113.08	89.37	83.58	66.18	34.35	35.5
Prepaid Expenses	-	2.73	-	-	-	0.18
Other Current Assets	40.01	29.69	36.62	57.7	12.91	33.13
Total Current Assets	402.37	445.67	345.29	404.05	290.25	414.71
Property, Plant & Equipment	47.45	49.56	132.66	163.63	165.01	164.25
Long-Term Investments	81.74	82.46	93.85	127.26	137.43	136.68
Goodwill	29.29	29.29	-	-	0.36	0.36
Other Intangible Assets	37.93	38.92	42.96	37.32	12.73	11.9
Long-Term Accounts Receivable	-	4.29	6.72	4.32	2.77	3.35
Long-Term Deferred Tax Assets	8.79	9.38	22.24	55.92	56.47	61.05
Long-Term Deferred Charges	5.69	6.23	12.29	20.98	18.17	36.98
Other Long-Term Assets	200.65	197.95	135.22	130.5	127.96	126.43
Total Assets	813.91	863.75	791.22	943.98	811.15	955.71
Accounts Payable	240.79	255.91	197.63	225.58	168.28	192.03
Accrued Expenses	7	66.13	55.91	58.77	58.28	29.59
Short-Term Debt	145.07	168.14	270.13	280.74	233	128
Current Portion of Long-Term Debt	99.08	91.22	106.5	100.95	101	162.36
Current Portion of Leases	-	4.32	6.75	13.13	8.02	5.1
Current Income Taxes Payable	2.44	2.95	-	0.04	0.01	0
Current Unearned Revenue	19.79	14.82	2.98	2.5	1.81	4.15
Other Current Liabilities	130.12	81.5	35.2	18.97	14.72	87.08
Total Current Liabilities	644.29	685	675.08	700.68	585.12	608.31
Long-Term Debt	89.34	97.44	118.8	142.5	156.55	196.42
Long-Term Leases	5.74	5.46	12.31	32.42	3.35	4.28
Long-Term Unearned Revenue	3.38	3.49	2.28	0.4	0.44	0.95
Long-Term Deferred Tax Liabilities	3.77	3.79	15.09	20.45	15.82	11.74
Other Long-Term Liabilities	2.02	5.61	6.51	1.51	1.91	-
Total Liabilities	748.54	800.78	830.09	897.97	763.21	821.7
Common Stock	784.16	784.16	784.16	784.16	799.17	801.93
Additional Paid-In Capital	517.94	517.94	357.94	257.94	349.67	318.01
Retained Earnings	-1,238	-1,233	-1,154	-1,005	-999.96	-884.27
Treasury Stock	-	-	-	-	-106.74	-112.84
Comprehensive Income & Other	-52.66	-52.67	-42.5	-19.66	-21.54	-19.55
Total Common Equity	11.21	15.99	-54.82	17.54	20.61	103.28
Minority Interest	54.16	46.98	15.96	28.47	27.33	30.73
Shareholders' Equity	65.37	62.97	-38.87	46.01	47.94	134.01
Total Liabilities & Equity	813.91	863.75	791.22	943.98	811.15	955.71
Total Debt	339.24	366.58	514.49	569.75	501.93	496.16
Net Cash (Debt)	-255.57	-298.68	-475.76	-498.24	-407.77	-415.38
Net Cash Per Share	-0.33	-0.38	-0.61	-0.63	-0.53	-0.52
Filing Date Shares Outstanding	786	784.16	784.16	784.16	787.1	789.86
Total Common Shares Outstanding	786	784.16	784.16	784.16	787.1	789.86
Working Capital	-241.92	-239.33	-329.79	-296.64	-294.87	-193.6
Book Value Per Share	0.01	0.02	-0.07	0.02	0.03	0.13
Tangible Book Value	-56.01	-52.22	-97.79	-19.78	7.51	91.02
Tangible Book Value Per Share	-0.07	-0.07	-0.12	-0.03	0.01	0.12
Buildings	-	4.22	92.14	93.57	205.12	207.44
Machinery	-	92.95	89.45	99.89	129.11	121.27
Construction In Progress	-	0.16	1.68	2.83	1.38	-

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