SHE:002694 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	144.56	247.55	213.04	436.72	106.2	80.25
Cash & Short-Term Investments	144.56	247.55	213.04	436.72	106.2	80.25
Cash Growth	31.57%	16.20%	-51.22%	311.22%	32.34%	-8.46%
Accounts Receivable	197.69	150.09	118.5	124.24	138.6	220.61
Other Receivables	6.25	5.66	8.35	28.97	74.09	76.77
Receivables	203.95	155.75	126.85	153.21	212.7	297.38
Inventory	235.92	206.08	228.1	234.55	277.06	296.16
Prepaid Expenses	-	-	-	-	23.13	33.68
Other Current Assets	54.03	42.95	38.51	9.96	9.25	12.87
Total Current Assets	638.46	652.33	606.51	834.44	628.34	720.33
Property, Plant & Equipment	376.31	384.97	370.99	324.12	975.31	1,141
Other Intangible Assets	104.88	105.67	108.79	115.13	158.4	172.57
Long-Term Deferred Tax Assets	19.49	19.22	27.07	39.58	36.18	34.07
Other Long-Term Assets	17.19	9.18	15.26	31.75	28.65	22.45
Total Assets	1,156	1,171	1,129	1,345	1,827	2,090
Accounts Payable	85.42	135.7	76.29	62.92	804.39	734.45
Accrued Expenses	14.28	27.69	46.39	40.43	41.88	43.53
Short-Term Debt	126.02	95.48	27.57	97.32	167.6	164.36
Current Portion of Long-Term Debt	0.23	0.22	-	-	-	-
Current Portion of Leases	-	-	0.68	0.35	0.38	1.2
Current Income Taxes Payable	6.75	2.29	0.06	3.2	9.18	15.41
Current Unearned Revenue	48.18	41.86	51.46	43.08	73.9	90.82
Other Current Liabilities	458.37	446.57	444.64	444.56	612.39	656.57
Total Current Liabilities	739.25	749.81	647.08	691.87	1,710	1,706
Long-Term Debt	-	-	-	-	37	48
Long-Term Leases	0.72	0.65	0.97	0.58	0.96	-
Long-Term Unearned Revenue	44.01	44.29	40.92	42.16	43.79	45.83
Long-Term Deferred Tax Liabilities	-	-	-	0.21	0.29	-
Other Long-Term Liabilities	443.18	439.49	26.6	29.22	-	105.24
Total Liabilities	1,227	1,234	715.58	764.04	1,792	1,905
Common Stock	718.85	718.85	718.85	718.85	552.96	552.96
Additional Paid-In Capital	436.82	435.28	428.89	440.83	147.45	147.45
Retained Earnings	-1,231	-1,222	-739.7	-586.31	-678.19	-544.95
Total Common Equity	-75.24	-67.4	408.04	573.36	22.22	155.46
Minority Interest	4.42	4.53	5	7.62	12.9	29.26
Shareholders' Equity	-70.83	-62.88	413.04	580.98	35.12	184.72
Total Liabilities & Equity	1,156	1,171	1,129	1,345	1,827	2,090
Total Debt	126.97	96.35	29.22	98.26	205.94	213.56
Net Cash (Debt)	17.6	151.2	183.82	338.45	-99.74	-133.32
Net Cash Growth	-76.77%	-17.75%	-45.69%	-	-	-
Net Cash Per Share	0.02	0.21	0.26	0.58	-0.18	-0.24
Filing Date Shares Outstanding	716.56	718.64	718.85	718.85	552.96	552.96
Total Common Shares Outstanding	716.56	718.64	718.85	718.85	552.96	552.96
Working Capital	-100.78	-97.48	-40.57	142.57	-1,081	-986.01
Book Value Per Share	-0.11	-0.09	0.57	0.80	0.04	0.28
Tangible Book Value	-180.12	-173.07	299.25	458.24	-136.18	-17.11
Tangible Book Value Per Share	-0.25	-0.24	0.42	0.64	-0.25	-0.03
Buildings	-	-	437.59	414.25	767.53	689.4
Machinery	-	-	522.3	507.11	381.7	698.16
Construction In Progress	-	-	35.39	1.49	451.08	493.1

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