SHE:300044 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	65.01	68.03	69.05	72.67	107.23	160.57
Cash & Short-Term Investments	65.01	68.03	69.05	72.67	107.23	160.57
Cash Growth	11.07%	-1.48%	-4.98%	-32.23%	-33.22%	-56.81%
Accounts Receivable	298.65	279.48	363.86	547.77	596.87	1,392
Other Receivables	6.24	5.18	86.25	270.87	306.37	522.04
Receivables	304.89	284.66	450.11	818.64	903.24	1,914
Inventory	0.96	0.97	1.48	20.85	35.88	52.96
Other Current Assets	6.64	7.13	10.48	9.79	28.33	82.86
Total Current Assets	377.5	360.79	531.12	921.96	1,075	2,210
Property, Plant & Equipment	4.61	5.24	12.14	23.02	342.2	380.8
Long-Term Investments	1.03	1.03	1	1	8.5	16.36
Goodwill	-	-	-	-	-	15.15
Other Intangible Assets	253.38	264.11	272.6	313.13	355.61	413.57
Long-Term Deferred Tax Assets	3.68	3.77	5.2	6.59	4.42	131.59
Long-Term Deferred Charges	5.94	4.12	14.97	4.13	24.91	24.92
Other Long-Term Assets	317.28	319.49	336.86	345.8	147.18	127.79
Total Assets	963.43	958.55	1,174	1,616	1,958	3,320
Accounts Payable	1,096	1,084	260.05	323.55	349.25	384.66
Accrued Expenses	51	85.21	64.62	48.32	47.77	31.7
Short-Term Debt	15.65	5.4	5.26	-	34.76	324.42
Current Portion of Long-Term Debt	193.26	86.81	56.37	59.43	119.63	49.67
Current Portion of Leases	-	5.89	6.45	6.6	3.07	1.19
Current Income Taxes Payable	27.58	6.58	41.43	41.78	41.69	43.66
Current Unearned Revenue	40.39	41.62	59.02	80.64	81.99	66.25
Other Current Liabilities	482.43	477.14	66.55	41.58	50.81	856.11
Total Current Liabilities	1,906	1,792	559.75	601.89	728.97	1,758
Long-Term Debt	200.57	298.57	341.95	349.17	395.78	496.23
Long-Term Leases	-	-	4.08	5.65	1.76	0.17
Long-Term Unearned Revenue	11.78	12.03	17.63	24.56	24.59	28.98
Long-Term Deferred Tax Liabilities	0.53	0.64	1.65	2.05	0.77	-
Other Long-Term Liabilities	-	-	133.93	5.18	4.9	-
Total Liabilities	2,119	2,103	1,059	988.49	1,157	2,283
Common Stock	763.87	763.87	763.87	763.87	770.16	770.16
Additional Paid-In Capital	955.99	955.99	955.99	955.99	973.51	974.23
Retained Earnings	-2,858	-2,847	-1,583	-1,076	-915.4	-688.92
Treasury Stock	-	-	-	-	-23.81	-23.81
Comprehensive Income & Other	-7.19	-7.37	-13.94	-8.96	-1.84	2.72
Total Common Equity	-1,145	-1,135	122.44	634.73	802.63	1,034
Minority Interest	-10.56	-10.24	-7.54	-7.6	-1.89	2.73
Shareholders' Equity	-1,156	-1,145	114.9	627.14	800.73	1,037
Total Liabilities & Equity	963.43	958.55	1,174	1,616	1,958	3,320
Total Debt	409.48	396.68	414.11	420.84	555	871.68
Net Cash (Debt)	-344.47	-328.65	-345.06	-348.17	-447.77	-711.1
Net Cash Per Share	-0.45	-0.43	-0.45	-0.45	-0.58	-0.92
Filing Date Shares Outstanding	763.87	763.87	763.87	763.87	770.16	770.16
Total Common Shares Outstanding	763.87	763.87	763.87	763.87	770.16	770.16
Working Capital	-1,529	-1,431	-28.63	320.07	345.71	452.32
Book Value Per Share	-1.50	-1.49	0.16	0.83	1.04	1.34
Tangible Book Value	-1,399	-1,399	-150.16	321.6	447.02	605.67
Tangible Book Value Per Share	-1.83	-1.83	-0.20	0.42	0.58	0.79
Buildings	-	-	-	8.75	371.13	401.91
Machinery	-	13.93	16.66	20.3	26.98	46.87
Construction In Progress	-	-	-	-	2.36	2.94