SHE:300029 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	10.76	26.74	18.94	41.8	14.52	14.97
Cash & Short-Term Investments	10.76	26.74	18.94	41.8	14.52	14.97
Cash Growth	24.78%	41.18%	-54.68%	187.88%	-2.98%	1926.68%
Accounts Receivable	273.15	298.35	168.52	288.44	178.71	193.65
Other Receivables	2.6	3.03	3.58	4.55	13.17	7.38
Receivables	275.75	301.38	172.1	292.98	191.88	201.03
Inventory	20.05	29.95	15.83	16.27	10.75	10.32
Other Current Assets	16.46	7.15	14.53	7.01	3.62	70.19
Total Current Assets	323.02	365.23	221.41	358.06	220.77	296.5
Property, Plant & Equipment	1.37	1.45	1.01	0.81	0.49	3.18
Other Intangible Assets	-	0	0.01	0.01	0.01	0.02
Long-Term Accounts Receivable	-	-	3.26	4.56	5.86	6.19
Long-Term Deferred Tax Assets	19.23	18.71	11.5	8.98	2.93	2.19
Other Long-Term Assets	-	-	4.67	10.33	10.66	11.22
Total Assets	343.63	385.38	241.85	382.75	240.73	319.3
Accounts Payable	295.05	303.32	178.81	270.3	138.76	173.62
Accrued Expenses	17.48	12.84	4.13	2.73	6.59	22.27
Short-Term Debt	-	0.17	1.66	3.23	2.8	40.97
Current Portion of Leases	-	0.42	-	-	-	0.72
Current Income Taxes Payable	7.5	3.59	0.18	3.04	1.4	2.04
Current Unearned Revenue	8.28	13.48	16.18	18.92	15.48	23.96
Other Current Liabilities	31.82	58.1	25.27	43.61	27.34	40.13
Total Current Liabilities	360.13	391.92	226.23	341.83	192.36	303.71
Long-Term Leases	0.57	0.19	-	-	-	1.47
Long-Term Deferred Tax Liabilities	-	0.14	-	-	0.02	-
Other Long-Term Liabilities	17.91	18.15	18.87	19.62	18.51	-
Total Liabilities	378.61	410.41	245.1	361.45	210.9	305.19
Common Stock	200.51	200.51	200.51	200.51	200.51	200
Additional Paid-In Capital	839.02	839.02	841.83	838.91	838.82	835.69
Retained Earnings	-1,074	-1,064	-1,045	-1,018	-1,009	-1,021
Total Common Equity	-34.47	-24.65	-2.96	21.43	29.92	14.3
Minority Interest	-0.51	-0.38	-0.29	-0.14	-0.09	-0.19
Shareholders' Equity	-34.98	-25.02	-3.25	21.3	29.83	14.11
Total Liabilities & Equity	343.63	385.38	241.85	382.75	240.73	319.3
Total Debt	0.57	0.78	1.66	3.23	2.8	43.16
Net Cash (Debt)	10.19	25.97	17.28	38.57	11.72	-28.2
Net Cash Growth	18.17%	50.23%	-55.18%	229.02%	-	-
Net Cash Per Share	0.05	0.13	0.09	0.19	0.06	-0.14
Filing Date Shares Outstanding	200.51	200.51	200.51	200.51	200.51	200
Total Common Shares Outstanding	200.51	200.51	200.51	200.51	200.51	200
Working Capital	-37.11	-26.7	-4.83	16.23	28.41	-7.21
Book Value Per Share	-0.17	-0.12	-0.01	0.11	0.15	0.07
Tangible Book Value	-34.47	-24.65	-2.96	21.42	29.91	14.28
Tangible Book Value Per Share	-0.17	-0.12	-0.01	0.11	0.15	0.07
Machinery	-	4.25	4.21	3.89	3.55	9.63