SHE:002306 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	Dec '21 Dec 31, 2021
Cash & Equivalents	80.66	110.86	9.78	34.77	103.34	38.29
Trading Asset Securities	-	-	-	3	2	50
Cash & Short-Term Investments	80.66	110.86	9.78	37.77	105.34	88.29
Cash Growth	1063.85%	1033.84%	-74.11%	-64.15%	19.32%	-25.63%
Accounts Receivable	152.77	150.71	60.31	13.44	16.43	5.87
Other Receivables	24.07	25.83	30.19	37.67	14.22	17.51
Receivables	176.84	176.54	90.49	51.11	30.64	23.38
Inventory	7.77	6.78	50.43	0.3	0.32	0.24
Prepaid Expenses	-	-	-	-	-	0.22
Other Current Assets	41.01	38.33	45.37	32.68	25.07	38.03
Total Current Assets	306.28	332.51	196.07	121.86	161.38	150.15
Property, Plant & Equipment	414.6	414.38	479.13	427.41	3.66	4.02
Long-Term Investments	-	-	-	-	4.31	4.09
Goodwill	10.35	10.35	11.32	15.68	15.77	15.77
Other Intangible Assets	33.77	33.96	36.94	37.59	0.31	0.5
Long-Term Deferred Tax Assets	1.6	1.6	1.07	2.09	0.45	0.42
Long-Term Deferred Charges	2.32	2.39	6.04	7.42	5.83	3.63
Other Long-Term Assets	95.8	95.62	113.62	162.48	6.01	6.17
Total Assets	864.73	890.83	844.2	774.52	197.71	184.75
Accounts Payable	15.09	27.03	19.9	26.76	20.28	17.14
Accrued Expenses	13.5	20.38	10.72	4.4	3.54	7.41
Short-Term Debt	3.33	69.35	67.85	72.11	3	-
Current Portion of Long-Term Debt	-	75.05	0.04	-	-	-
Current Portion of Leases	76.17	1.15	0.96	0.61	0.87	1.24
Current Income Taxes Payable	2.77	0.09	0.12	0.14	0.49	1.65
Current Unearned Revenue	0.98	1.24	53.34	5.08	5.49	3.11
Other Current Liabilities	578.5	513.12	470.85	417.56	90.73	59.71
Total Current Liabilities	690.34	707.42	623.79	526.67	124.41	90.27
Long-Term Debt	-	-	78	51.6	-	-
Long-Term Leases	0.09	0.09	0.6	0.69	0.43	-
Long-Term Unearned Revenue	12	12	12	12	-	-
Long-Term Deferred Tax Liabilities	0.01	0.01	-	-	-	-
Other Long-Term Liabilities	27.82	27.82	34.34	32.31	5.45	5.45
Total Liabilities	730.26	747.33	748.72	623.27	130.29	95.72
Common Stock	869.76	869.76	869.76	869.76	859.75	840
Additional Paid-In Capital	629.28	629.28	479.28	484.58	456.73	435.8
Retained Earnings	-1,325	-1,318	-1,262	-1,229	-1,165	-1,144
Treasury Stock	-104.6	-104.6	-104.6	-104.6	-83.55	-42.87
Total Common Equity	69.35	76.66	-17.97	20.65	67.49	89.26
Minority Interest	65.12	66.83	113.44	130.6	-0.08	-0.22
Shareholders' Equity	134.47	143.49	95.48	151.25	67.41	89.03
Total Liabilities & Equity	864.73	890.83	844.2	774.52	197.71	184.75
Total Debt	79.6	145.65	147.45	125.01	4.3	1.24
Net Cash (Debt)	1.07	-34.79	-137.67	-87.25	101.04	87.05
Net Cash Growth	-	-	-	-	16.07%	-26.67%
Net Cash Per Share	0.00	-0.04	-0.17	-0.11	0.12	0.10
Filing Date Shares Outstanding	821.47	869.76	817.81	869.76	859.75	840
Total Common Shares Outstanding	821.47	869.76	817.81	869.76	859.75	840
Working Capital	-384.06	-374.9	-427.72	-404.81	36.97	59.88
Book Value Per Share	0.08	0.09	-0.02	0.02	0.08	0.11
Tangible Book Value	25.23	32.35	-66.23	-32.62	51.42	72.99
Tangible Book Value Per Share	0.03	0.04	-0.08	-0.04	0.06	0.09
Buildings	-	185.71	87.35	24.59	-	-
Machinery	-	34.76	35.38	17.24	16.3	19.41
Construction In Progress	-	210.99	366.44	398.82	-	-