SHE:002679 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	105.58	183.06	183.22	255.45	114.5	243.68
Cash & Short-Term Investments	105.58	183.06	183.22	255.45	114.5	243.68
Cash Growth	-42.79%	-0.09%	-28.27%	123.09%	-53.01%	151.23%
Accounts Receivable	115.72	120.68	107	102.87	151.89	78.61
Other Receivables	5.26	2.36	4.63	3.43	18.71	7.6
Receivables	120.98	123.04	111.63	106.3	170.6	86.2
Inventory	1,536	1,532	1,542	1,545	1,492	1,405
Other Current Assets	10.88	7.45	2.44	4.14	2.7	22.95
Total Current Assets	1,774	1,846	1,839	1,911	1,779	1,758
Property, Plant & Equipment	66.99	64.85	44.24	44.8	40.68	35.14
Long-Term Investments	59.31	58.87	60.74	64.98	62.15	62.45
Other Intangible Assets	36.13	36.65	38.21	26.34	26.74	16.72
Long-Term Deferred Tax Assets	-	-	-	-	0.91	0.55
Long-Term Deferred Charges	1.71	1.64	1.56	1.67	0.16	0.34
Other Long-Term Assets	4.42	2.68	3.22	1.18	8.1	40.97
Total Assets	1,942	2,011	1,987	2,050	1,918	1,914
Accounts Payable	39.3	62.92	37.77	32.25	33.33	34.16
Accrued Expenses	4.79	13.42	13.86	11.56	10.96	8.46
Short-Term Debt	110.09	110.09	110.09	110.11	260.35	318.82
Current Portion of Long-Term Debt	66.17	65.12	66.11	61.57	58.21	53.88
Current Portion of Leases	-	-	-	0.07	0.18	0.32
Current Income Taxes Payable	1.37	1.66	0.26	0.04	0.02	0.09
Current Unearned Revenue	7.04	4.16	4.14	1.93	1.96	3.03
Other Current Liabilities	17.29	22.91	25.27	24.86	28.15	22.6
Total Current Liabilities	246.05	280.28	257.51	242.39	393.16	441.35
Long-Term Debt	944.92	957.17	955.12	1,040	754.51	702.39
Long-Term Leases	-	-	-	-	-	0.17
Long-Term Unearned Revenue	2.04	2.34	3.54	4.74	5.94	7.18
Pension & Post-Retirement Benefits	-	-	0.78	0.78	0.78	-
Long-Term Deferred Tax Liabilities	0.15	0.15	-	-	-	-
Other Long-Term Liabilities	0.78	0.78	-	-	-	0.78
Total Liabilities	1,194	1,241	1,217	1,288	1,154	1,152
Common Stock	235.76	235.76	235.76	235.76	235.76	235.76
Additional Paid-In Capital	244.55	244.55	244.55	244.55	244.55	244.55
Retained Earnings	264.47	286.01	285.41	281.01	283.14	281.2
Total Common Equity	744.78	766.32	765.72	761.32	763.45	761.51
Minority Interest	3.58	3.6	4.29	0.29	0.31	0.33
Shareholders' Equity	748.36	769.92	770.01	761.61	763.75	761.84
Total Liabilities & Equity	1,942	2,011	1,987	2,050	1,918	1,914
Total Debt	1,121	1,132	1,131	1,212	1,073	1,076
Net Cash (Debt)	-1,016	-949.32	-948.11	-956.73	-958.74	-831.9
Net Cash Per Share	-4.37	-4.11	-3.64	-3.58	-3.76	-3.22
Filing Date Shares Outstanding	239.32	213.8	235.76	235.76	235.76	235.76
Total Common Shares Outstanding	239.32	213.8	235.76	235.76	235.76	235.76
Working Capital	1,528	1,566	1,581	1,669	1,386	1,316
Book Value Per Share	3.11	3.58	3.25	3.23	3.24	3.23
Tangible Book Value	708.65	729.67	727.51	734.97	736.71	744.79
Tangible Book Value Per Share	2.96	3.41	3.09	3.12	3.12	3.16
Buildings	-	-	34.3	32.3	25.17	19.53
Machinery	-	-	33.01	32.09	29.38	27.48