SHE:002207 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	41.56	85.38	118.14	33.02	22.45	11.84
Cash & Short-Term Investments	41.56	85.38	118.14	33.02	22.45	11.84
Cash Growth	-33.01%	-27.73%	257.81%	47.08%	89.53%	-6.14%
Accounts Receivable	105.37	138.9	132.66	167.05	138.05	165.42
Other Receivables	1.7	9.42	9.01	3.12	2.4	3.16
Receivables	107.08	148.31	141.67	170.17	140.46	168.58
Inventory	32.95	48.62	2.31	2.17	2.88	0.29
Prepaid Expenses	-	-	-	-	-	0.03
Other Current Assets	19.04	12.51	8.11	4.9	3.72	5.06
Total Current Assets	200.62	294.83	270.23	210.25	169.51	185.8
Property, Plant & Equipment	121.35	126.28	134.82	123.55	127.05	145.67
Long-Term Investments	-	-	-	-	3.68	8.72
Other Intangible Assets	2.71	2.75	2.66	2.79	2.93	2.96
Long-Term Deferred Tax Assets	0.1	0.1	-	-	0	0.33
Long-Term Deferred Charges	0.58	0.6	0.21	-	-	-
Other Long-Term Assets	2.01	1.46	1.26	0.57	3.84	-
Total Assets	327.38	426.03	409.19	337.18	307	343.49
Accounts Payable	151.83	228.12	184.87	117.19	113.96	105.09
Accrued Expenses	8.65	15.32	17.04	14.33	16.91	13.51
Short-Term Debt	151.48	140.73	122.18	100.7	33.06	47.25
Current Portion of Long-Term Debt	0.48	-	1.04	-	-	-
Current Portion of Leases	-	0.47	0.46	-	-	-
Current Income Taxes Payable	-5.51	0.33	0.16	0.52	0.01	0
Current Unearned Revenue	-	6.52	0.33	0.33	-	0.04
Other Current Liabilities	7.4	6.17	9.98	12.83	34.61	18.76
Total Current Liabilities	314.33	397.66	336.05	245.91	198.55	184.65
Long-Term Debt	-	-	3.12	5.2	-	-
Long-Term Leases	-	-	0.47	-	-	-
Long-Term Deferred Tax Liabilities	0.07	0.07	0.85	1.34	1.57	2.16
Other Long-Term Liabilities	-	-	-	0.25	-	-
Total Liabilities	314.4	397.73	340.49	252.69	200.12	186.81
Common Stock	262.06	262.06	262.06	262.06	262.06	262.06
Additional Paid-In Capital	-	-	296.36	296.36	296.36	295.75
Retained Earnings	-231.54	-215.84	-471.9	-456.16	-437.58	-427.87
Comprehensive Income & Other	-18.8	-19.23	-19.23	-19.23	-15.55	25.92
Total Common Equity	11.71	26.99	67.29	83.03	105.28	155.86
Minority Interest	1.28	1.3	1.4	1.45	1.6	0.82
Shareholders' Equity	12.99	28.3	68.7	84.48	106.88	156.67
Total Liabilities & Equity	327.38	426.03	409.19	337.18	307	343.49
Total Debt	151.96	141.21	127.26	105.9	33.06	47.25
Net Cash (Debt)	-110.4	-55.83	-9.12	-72.88	-10.61	-35.4
Net Cash Per Share	-0.41	-0.21	-0.03	-0.27	-0.04	-0.14
Filing Date Shares Outstanding	262.06	262.06	262.06	262.06	262.06	262.06
Total Common Shares Outstanding	262.06	262.06	262.06	262.06	262.06	262.06
Working Capital	-113.7	-102.83	-65.82	-35.65	-29.04	1.16
Book Value Per Share	0.04	0.10	0.26	0.32	0.40	0.59
Tangible Book Value	9	24.24	64.63	80.23	102.35	152.9
Tangible Book Value Per Share	0.03	0.09	0.25	0.31	0.39	0.58
Buildings	-	75.6	79.25	79.62	79.56	79.56
Machinery	-	545.94	543.59	536.27	532.26	531.32
Construction In Progress	-	-	10.35	-	-	-
Order Backlog	-	249.01	-	-	-	-