SHE:300029 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	26.74	18.94	41.8	14.52	14.97
Cash & Short-Term Investments	26.74	18.94	41.8	14.52	14.97
Cash Growth	41.18%	-54.68%	187.88%	-2.98%	1926.68%
Accounts Receivable	298.35	168.52	288.44	178.71	193.65
Other Receivables	1.97	3.58	4.55	13.17	7.38
Receivables	300.32	172.1	292.98	191.88	201.03
Inventory	29.95	15.83	16.27	10.75	10.32
Other Current Assets	8.21	14.53	7.01	3.62	70.19
Total Current Assets	365.23	221.41	358.06	220.77	296.5
Property, Plant & Equipment	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	18.71	11.5	8.98	2.93	2.19
Other Long-Term Assets	-	4.67	10.33	10.66	11.22
Total Assets	385.38	241.85	382.75	240.73	319.3
Accounts Payable	303.32	178.81	270.3	138.76	173.62
Accrued Expenses	10.73	4.13	2.73	6.59	22.27
Short-Term Debt	-	1.66	3.23	2.8	40.97
Current Portion of Long-Term Debt	0.42	-	-	-	-
Current Portion of Leases	-	-	-	-	0.72
Current Income Taxes Payable	5.76	0.18	3.04	1.4	2.04
Current Unearned Revenue	13.48	16.18	18.92	15.48	23.96
Other Current Liabilities	58.22	25.27	43.61	27.34	40.13
Total Current Liabilities	391.92	226.23	341.83	192.36	303.71
Long-Term Leases	0.19	-	-	-	1.47
Long-Term Deferred Tax Liabilities	0.14	-	-	0.02	-
Other Long-Term Liabilities	18.15	18.87	19.62	18.51	-
Total Liabilities	410.41	245.1	361.45	210.9	305.19
Common Stock	200.51	200.51	200.51	200.51	200
Additional Paid-In Capital	839.02	841.83	838.91	838.82	835.69
Retained Earnings	-1,064	-1,045	-1,018	-1,009	-1,021
Total Common Equity	-24.65	-2.96	21.43	29.92	14.3
Minority Interest	-0.38	-0.29	-0.14	-0.09	-0.19
Shareholders' Equity	-25.02	-3.25	21.3	29.83	14.11
Total Liabilities & Equity	385.38	241.85	382.75	240.73	319.3
Total Debt	0.61	1.66	3.23	2.8	43.16
Net Cash (Debt)	26.14	17.28	38.57	11.72	-28.2
Net Cash Growth	51.21%	-55.18%	229.02%	-	-
Net Cash Per Share	0.13	0.09	0.19	0.06	-0.14
Filing Date Shares Outstanding	200.43	200.51	200.51	200.51	200
Total Common Shares Outstanding	200.43	200.51	200.51	200.51	200
Working Capital	-26.7	-4.83	16.23	28.41	-7.21
Book Value Per Share	-0.12	-0.01	0.11	0.15	0.07
Tangible Book Value	-24.65	-2.96	21.42	29.91	14.28
Tangible Book Value Per Share	-0.12	-0.01	0.11	0.15	0.07
Machinery	-	4.21	3.89	3.55	9.63