SHE:300169 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	Jun '26 Jun 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	103.46	91.11	40.1	186.42	90.94	140.25
Short-Term Investments	-	6.94	27.16	19.9	4.37	1.29
Trading Asset Securities	-	-	-	-	-	3.22
Cash & Short-Term Investments	103.46	98.05	67.27	206.32	95.31	144.75
Cash Growth	31.83%	45.77%	-67.40%	116.48%	-34.16%	19.91%
Accounts Receivable	139.16	131.17	215.49	365.99	612.59	713.32
Other Receivables	19.19	118.16	11.16	12.61	8.01	7.97
Receivables	158.35	249.32	226.65	378.6	620.6	721.29
Inventory	64.72	56.74	66.07	75.4	113.74	170.3
Prepaid Expenses	-	-	-	-	1.15	-
Other Current Assets	19.86	4.82	6.66	10.9	12.16	20.1
Total Current Assets	346.39	408.94	366.64	671.23	842.96	1,056
Property, Plant & Equipment	200.59	203.46	332.05	338.81	347.99	357.25
Long-Term Investments	33.14	33.43	5.31	7.42	15.32	15.44
Other Intangible Assets	38.77	39.77	92.51	101.26	111.39	121.85
Long-Term Deferred Tax Assets	12.38	16.61	41.89	31.42	31.32	22.69
Long-Term Deferred Charges	19.27	12.34	10.42	9.62	12.06	12.7
Other Long-Term Assets	5.9	8.13	5.1	0.29	3.07	2.31
Total Assets	656.43	722.69	853.92	1,160	1,364	1,589

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	83.52	98.95	160.06	406.93	418.92	437.72
Accrued Expenses	13.86	27.6	28.34	18.77	25.47	20.75
Short-Term Debt	237.78	289.95	393.15	427.82	420.51	451.27
Current Portion of Long-Term Debt	110.73	36.07	-	22.39	19.52	-
Current Portion of Leases	-	5.22	3.1	3.75	83.2	77.74
Current Income Taxes Payable	5.69	3.21	2.61	3.18	5.13	2.96
Current Unearned Revenue	2	2.01	3.27	1.99	3.76	2.68
Other Current Liabilities	98.41	134.28	106.88	129.3	47.43	54.04
Total Current Liabilities	551.99	597.28	697.4	1,014	1,024	1,047
Long-Term Debt	-	-	36.07	-	22.9	16.03
Long-Term Leases	16.33	26.72	26.43	21.56	32.48	53.83
Long-Term Unearned Revenue	1.3	1.33	9.62	11.01	12.43	12.53
Long-Term Deferred Tax Liabilities	1.17	2.86	0.94	1.35	2.18	1.94
Other Long-Term Liabilities	0.18	33.95	33.58	0.84	0.69	5.1
Total Liabilities	570.96	662.13	804.04	1,049	1,095	1,137

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	339.49	325.98	325.98	325.98	325.98	325.98
Additional Paid-In Capital	880.31	827.71	827.71	829.66	828.62	828.62
Retained Earnings	-1,092	-1,096	-1,110	-1,051	-890.64	-702.92
Comprehensive Income & Other	5.89	7.65	8.6	7.78	6.84	1.66
Total Common Equity	89.65	64.88	52.76	112.56	270.81	453.35
Minority Interest	-4.18	-4.32	-2.88	-1.39	-1.32	-1.24
Shareholders' Equity	85.47	60.56	49.88	111.17	269.48	452.11
Total Liabilities & Equity	656.43	722.69	853.92	1,160	1,364	1,589

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	364.83	357.95	458.75	475.51	578.61	598.86
Net Cash (Debt)	-261.37	-259.9	-391.49	-269.19	-483.3	-454.11
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.80	-0.80	-1.20	-0.83	-1.49	-1.38
Filing Date Shares Outstanding	330.13	325.98	325.98	325.98	325.98	325.98
Total Common Shares Outstanding	330.13	325.98	325.98	325.98	325.98	325.98
Working Capital	-205.6	-188.34	-330.76	-342.89	-180.99	9.29
Book Value Per Share	0.27	0.20	0.16	0.35	0.83	1.39
Tangible Book Value	50.89	25.11	-39.75	11.3	159.42	331.5
Tangible Book Value Per Share	0.15	0.08	-0.12	0.03	0.49	1.02
Buildings	-	207.96	429.68	384.76	383.44	383.44
Machinery	-	251.54	284.52	290.57	301.49	305.89
Construction In Progress	-	5.76	12.24	46.82	27.9	1.3