SHE:300056 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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	9.11	15.31	44.18	25.63	65.89	110.1
Trading Asset Securities	-	3.12	-	-	2	0.01
Cash & Short-Term Investments	9.11	18.43	44.18	25.63	67.89	110.11
Cash Growth	-43.93%	-58.29%	72.37%	-62.25%	-38.35%	-60.58%
Accounts Receivable	181.87	232.28	267.1	235.15	280.31	247.47
Other Receivables	16.21	11.8	21.16	18.78	19.69	39.66
Receivables	198.08	244.08	288.26	253.94	299.99	287.13
Inventory	81.91	78.99	69.79	205.16	207.86	315.09
Prepaid Expenses	-	0	0	-	-	0.02
Other Current Assets	12.61	16.73	20.35	25.38	29.32	62.46
Total Current Assets	301.7	358.23	422.58	510.11	605.05	774.8
Property, Plant & Equipment	148.53	227.03	262.89	367.63	404.69	302.69
Long-Term Investments	4.65	4.76	4.64	32.77	40.24	135.93
Goodwill	-	-	55.86	101.28	129.69	-
Other Intangible Assets	18.16	23.71	25	40.81	39.73	46.66
Long-Term Deferred Tax Assets	3.09	3.28	7.33	35.75	42.22	10.4
Long-Term Deferred Charges	0.5	0.92	1.98	2.45	3.29	3.85
Other Long-Term Assets	17.09	11.42	12.15	13.13	13.29	21.6
Total Assets	493.73	629.35	792.42	1,104	1,278	1,296

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Accounts Payable	143.68	154.77	169.33	149.11	207.03	151.91
Accrued Expenses	16.28	41.47	42.78	36.52	51.69	48.47
Short-Term Debt	159.21	275.18	262.54	340.59	313.75	266.02
Current Portion of Long-Term Debt	8.59	9.99	-	28.2	0.96	24.36
Current Portion of Leases	-	2.14	4.34	2.55	2.11	5.24
Current Income Taxes Payable	2.58	0.13	1.82	1.82	1.64	8.78
Current Unearned Revenue	45.05	32.48	45.81	80.22	36.21	43.43
Other Current Liabilities	104.66	33.94	53.47	50.18	61.24	33.6
Total Current Liabilities	480.06	550.1	580.08	689.2	674.63	581.81
Long-Term Debt	9.97	9.99	-	-	28.2	-
Long-Term Leases	1.91	2.42	2.71	2.01	2.91	25.95
Long-Term Unearned Revenue	1.29	1.54	3.07	9.24	11.7	15.07
Long-Term Deferred Tax Liabilities	3.34	3.51	3.6	5.78	6.12	2.22
Other Long-Term Liabilities	65.67	65.59	65.55	65.57	51.52	39.62
Total Liabilities	562.24	633.16	655.01	771.79	775.08	664.67

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Common Stock	385.49	385.49	385.49	385.49	385.49	385.49
Additional Paid-In Capital	925.2	926.4	924.43	890.28	862.08	874.57
Retained Earnings	-1,279	-1,225	-1,117	-1,008	-848.02	-765.08
Comprehensive Income & Other	0.13	0.24	0.12	2.22	2.06	2.66
Total Common Equity	32.23	87.38	192.6	269.81	401.61	497.64
Minority Interest	-100.74	-91.18	-55.19	62.33	101.52	133.62
Shareholders' Equity	-68.5	-3.81	137.41	332.14	503.13	631.26
Total Liabilities & Equity	493.73	629.35	792.42	1,104	1,278	1,296

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Total Debt	179.68	299.73	269.59	373.35	347.92	321.57
Net Cash (Debt)	-170.56	-281.3	-225.41	-347.72	-280.04	-211.46
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.45	-0.73	-0.58	-0.91	-0.74	-0.55
Filing Date Shares Outstanding	385.32	385.49	385.49	385.49	385.49	385.49
Total Common Shares Outstanding	385.32	385.49	385.49	385.49	385.49	385.49
Working Capital	-178.36	-191.86	-157.5	-179.09	-69.58	193
Book Value Per Share	0.08	0.23	0.50	0.70	1.04	1.29
Tangible Book Value	14.07	63.67	111.74	127.72	232.19	450.98
Tangible Book Value Per Share	0.04	0.17	0.29	0.33	0.60	1.17
Buildings	-	200.4	200.72	306.91	302.79	240.34
Machinery	-	361.36	367.15	423.29	405.19	279.39
Construction In Progress	-	0.62	4.87	4.73	19.42	28.31