SHE:002316 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	175.95	165.4	122.93	149.67	285.47
Trading Asset Securities	0.45	-	7.01	-	-
Cash & Short-Term Investments	176.4	165.4	129.94	149.67	285.47
Cash Growth	6.65%	27.29%	-13.19%	-47.57%	-28.44%
Accounts Receivable	243.35	333.61	301.33	343.99	340.93
Other Receivables	10.38	10.9	8.89	16.1	139.73
Receivables	253.73	344.51	310.23	360.09	480.66
Inventory	115.59	130.73	166.4	190.83	203.61
Prepaid Expenses	-	-	-	1.12	24.02
Other Current Assets	35.06	32.62	42.32	55.41	344.37
Total Current Assets	580.77	673.26	648.88	757.12	1,338
Property, Plant & Equipment	32.02	37.73	33.68	97.54	154.9
Long-Term Investments	0.12	0.02	1.21	39.03	177.99
Goodwill	23.2	23.2	23.2	0.8	297.24
Other Intangible Assets	0.12	0.04	0.05	7.83	39.51
Long-Term Deferred Tax Assets	7.26	9.29	6.75	5.45	31.78
Long-Term Deferred Charges	7.71	8.66	0.38	0.33	8.47
Other Long-Term Assets	57.02	60.9	66.46	-	57.21
Total Assets	708.21	813.11	780.62	908.11	2,105
Accounts Payable	331.03	354.57	409.8	421.74	825.9
Accrued Expenses	107.2	150.27	167.15	12.19	333.76
Short-Term Debt	42.24	39.04	5.01	228.68	16.59
Current Portion of Long-Term Debt	-	-	-	-	325.5
Current Portion of Leases	1.24	2.04	1.78	1.05	15.89
Current Income Taxes Payable	1.28	2.71	0.72	2.14	4.6
Current Unearned Revenue	52.42	70.76	52.66	98.12	177.68
Other Current Liabilities	57.89	76.15	57.84	81.68	188.74
Total Current Liabilities	593.3	695.53	694.95	845.59	1,889
Long-Term Debt	-	-	-	-	168.62
Long-Term Leases	5.26	7.1	1.71	1.33	33.24
Long-Term Unearned Revenue	-	-	-	-	3.64
Long-Term Deferred Tax Liabilities	0.99	1.83	0.04	-	1.96
Other Long-Term Liabilities	-	-	-	-	1.48
Total Liabilities	599.56	704.46	696.7	846.93	2,098
Common Stock	393.12	393.12	393.12	393.12	393.12
Additional Paid-In Capital	471.48	470.82	472.43	436.07	192.36
Retained Earnings	-739.1	-745.27	-755.22	-735.22	-636.01
Comprehensive Income & Other	-48.63	-48.63	-48.49	-38.31	-8.18
Total Common Equity	76.87	70.05	61.84	55.66	-58.7
Minority Interest	31.79	38.6	22.08	5.52	66.32
Shareholders' Equity	108.66	108.65	83.92	61.18	7.62
Total Liabilities & Equity	708.21	813.11	780.62	908.11	2,105
Total Debt	48.74	48.17	8.49	231.06	559.84
Net Cash (Debt)	127.66	117.23	121.44	-81.39	-274.37
Net Cash Growth	8.89%	-3.47%	-	-	-
Net Cash Per Share	0.33	0.30	0.31	-0.21	-0.70
Filing Date Shares Outstanding	393.12	393.12	393.12	393.12	393.12
Total Common Shares Outstanding	393.12	393.12	393.12	393.12	393.12
Working Capital	-12.53	-22.27	-46.07	-88.47	-550.54
Book Value Per Share	0.20	0.18	0.16	0.14	-0.15
Tangible Book Value	53.55	46.8	38.59	47.02	-395.45
Tangible Book Value Per Share	0.14	0.12	0.10	0.12	-1.01
Buildings	61.91	61.91	62.01	131.36	74.1
Machinery	21.98	21.69	20.83	23.41	639.04

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