SHE:300159 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	2,310	481.85	486.72	413.25	171.08
Cash & Short-Term Investments	2,310	481.85	486.72	413.25	171.08
Cash Growth	379.44%	-1.00%	17.78%	141.56%	-35.34%
Accounts Receivable	309.71	322.84	526.73	914.13	646.76
Other Receivables	23.96	51.26	73.19	82.52	9.06
Receivables	333.67	374.1	599.91	996.65	655.82
Inventory	298.8	223.03	277.1	161.32	434.65
Other Current Assets	54.55	69.98	122.35	150.38	189.32
Total Current Assets	2,997	1,149	1,486	1,722	1,451
Property, Plant & Equipment	883.18	1,142	1,196	1,283	1,401
Long-Term Investments	24.42	27.68	54.43	63.94	67.24
Other Intangible Assets	137.94	144.13	154.67	162.74	171.52
Long-Term Deferred Tax Assets	21.67	19.5	40.91	36.34	24.86
Long-Term Deferred Charges	1.08	1.59	3.02	4.5	3.22
Other Long-Term Assets	9.52	18.2	31.86	27.34	28.39
Total Assets	4,075	2,502	2,967	3,299	3,147
Accounts Payable	225.65	225.54	281.83	547.2	490.01
Accrued Expenses	31.92	321.03	283.94	235.74	66.5
Short-Term Debt	48.67	699.37	1,114	1,261	1,284
Current Portion of Long-Term Debt	128.12	376.03	361.65	368.48	358.24
Current Portion of Leases	-	22.46	25.78	37.46	49.2
Current Income Taxes Payable	143.37	6.78	20.47	23.32	15.06
Current Unearned Revenue	120.15	112.83	77.32	23.76	78.16
Other Current Liabilities	552.7	391.22	403.33	502.41	531.01
Total Current Liabilities	1,251	2,155	2,568	2,999	2,872
Long-Term Debt	-	527.07	237.63	98.5	137.47
Long-Term Leases	11.87	17.23	30.18	7.06	21.79
Long-Term Unearned Revenue	14.47	15.53	14.28	25.1	15.02
Long-Term Deferred Tax Liabilities	2.08	2.05	11.47	4.69	3.68
Other Long-Term Liabilities	33.63	87.25	80.46	2.54	2
Total Liabilities	1,313	2,804	2,942	3,137	3,052
Common Stock	3,290	1,502	1,499	1,490	1,490
Additional Paid-In Capital	4,440	3,334	3,324	3,312	3,364
Retained Earnings	-5,077	-5,121	-4,802	-4,669	-4,746
Treasury Stock	-33.63	-42.6	-38.34	-18.39	-18.39
Comprehensive Income & Other	57.79	56.13	51.54	41.2	33.59
Total Common Equity	2,677	-271.22	34.05	155.23	123.2
Minority Interest	85.37	-30.72	-9.22	6.51	-28.48
Shareholders' Equity	2,762	-301.95	24.83	161.74	94.72
Total Liabilities & Equity	4,075	2,502	2,967	3,299	3,147
Total Debt	188.67	1,642	1,769	1,773	1,851
Net Cash (Debt)	2,122	-1,160	-1,282	-1,359	-1,680
Net Cash Per Share	0.64	-0.79	-0.87	-0.91	-1.13
Filing Date Shares Outstanding	8,683	1,347	1,496	1,472	1,472
Total Common Shares Outstanding	8,683	1,347	1,496	1,472	1,472
Working Capital	1,747	-1,006	-1,082	-1,278	-1,422
Book Value Per Share	0.31	-0.20	0.02	0.11	0.08
Tangible Book Value	2,539	-415.35	-120.63	-7.5	-48.31
Tangible Book Value Per Share	0.29	-0.31	-0.08	-0.01	-0.03
Buildings	-	565.29	563.49	-	456.83
Machinery	-	1,708	1,659	-	1,761
Construction In Progress	-	109.57	106.71	-	272.74

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