SHE:002813 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	24.46	54.66	53.47	61.22	77.43	79.42
Trading Asset Securities	-	-	-	40.47	50.39	40.22
Cash & Short-Term Investments	24.46	54.66	53.47	101.69	127.82	119.64
Cash Growth	-49.37%	2.23%	-47.42%	-20.44%	6.84%	138.19%
Accounts Receivable	68.85	70.8	120.44	89.43	98.23	125.89
Other Receivables	1.75	5.07	7.74	4.91	5.36	8.3
Receivables	70.6	75.87	128.18	94.34	103.58	134.2
Inventory	116.34	96.72	80.62	52.08	45.58	38.38
Other Current Assets	31.28	22.41	17.2	4.72	8.14	7.44
Total Current Assets	242.68	249.65	279.47	252.83	285.13	299.65
Property, Plant & Equipment	145.48	140.38	195.69	190.39	144.77	164.31
Long-Term Investments	0.12	0.26	-	-	1.05	1.67
Other Intangible Assets	2.78	2.55	2.13	1.3	1.15	1.29
Long-Term Deferred Tax Assets	-	-	0.57	0.53	0.03	-
Long-Term Deferred Charges	1.46	1.66	3.62	3.37	3.26	4.42
Other Long-Term Assets	61.82	60.51	43.79	62.95	115.9	117.97
Total Assets	454.33	455.01	525.28	511.38	551.3	589.32
Accounts Payable	120.53	123.45	99.98	45.8	48.75	71.66
Accrued Expenses	10.46	17.6	19.42	13.28	13.35	16.43
Short-Term Debt	59.9	49.73	30.3	19.79	10.02	10.01
Current Portion of Long-Term Debt	2.39	-	-	-	-	-
Current Portion of Leases	-	3.85	4.01	4.31	3.88	4.87
Current Income Taxes Payable	3.73	3.02	5.33	5.99	10.36	8.63
Current Unearned Revenue	24.63	17.78	16.46	15.99	16.92	13.65
Other Current Liabilities	13.19	8.52	26.78	28.09	41.2	49.19
Total Current Liabilities	234.84	223.96	202.28	133.26	144.48	174.45
Long-Term Leases	10.1	2.74	6.6	10.61	10.04	12.62
Long-Term Unearned Revenue	0.54	0.59	0.93	1.59	2.25	7.63
Long-Term Deferred Tax Liabilities	-	-	-	-	0.03	-
Other Long-Term Liabilities	3.13	3.24	3.97	2.15	3.47	7.82
Total Liabilities	248.61	230.53	213.77	147.61	160.26	202.53
Common Stock	120	120	120	120	120	120
Additional Paid-In Capital	214.5	214.5	207.46	204.8	204.8	204.8
Retained Earnings	-128.63	-110.15	-16.42	38.99	66.42	63.13
Comprehensive Income & Other	0.6	0.88	1.21	0.93	0.75	-0.35
Total Common Equity	206.47	225.23	312.25	364.72	391.97	387.58
Minority Interest	-0.74	-0.74	-0.74	-0.95	-0.93	-0.79
Shareholders' Equity	205.73	224.48	311.51	363.77	391.04	386.79
Total Liabilities & Equity	454.33	455.01	525.28	511.38	551.3	589.32
Total Debt	72.4	56.33	40.91	34.71	23.93	27.51
Net Cash (Debt)	-47.94	-1.66	12.56	66.98	103.9	92.13
Net Cash Growth	-	-	-81.25%	-35.53%	12.77%	156.83%
Net Cash Per Share	-0.40	-0.01	0.10	0.56	0.87	0.77
Filing Date Shares Outstanding	120.04	120	120	120	120	120
Total Common Shares Outstanding	120.04	120	120	120	120	120
Working Capital	7.84	25.7	77.19	119.57	140.66	125.2
Book Value Per Share	1.72	1.88	2.60	3.04	3.27	3.23
Tangible Book Value	203.69	222.68	310.12	363.42	390.82	386.29
Tangible Book Value Per Share	1.70	1.86	2.58	3.03	3.26	3.22
Buildings	-	160.41	183.01	160.69	98.41	100.67
Machinery	-	88.71	153.92	145.45	144.53	147.72
Construction In Progress	-	-	-	4.49	-	-

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