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	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	130.27	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	130.27	98.05	67.27	206.32	95.31	144.75
Cash Growth	173.71%	45.77%	-67.40%	116.48%	-34.16%	19.91%
Accounts Receivable	129.83	131.17	215.49	365.99	612.59	713.32
Other Receivables	19.22	118.16	11.16	12.61	8.01	7.97
Receivables	149.05	249.32	226.65	378.6	620.6	721.29
Inventory	61.65	56.74	66.07	75.4	113.74	170.3
Prepaid Expenses	-	-	-	-	1.15	-
Other Current Assets	16.51	4.82	6.66	10.9	12.16	20.1
Total Current Assets	357.49	408.94	366.64	671.23	842.96	1,056
Property, Plant & Equipment	195.51	203.46	332.05	338.81	347.99	357.25
Long-Term Investments	33.48	33.43	5.31	7.42	15.32	15.44
Other Intangible Assets	38.26	39.77	92.51	101.26	111.39	121.85
Long-Term Deferred Tax Assets	12.36	16.61	41.89	31.42	31.32	22.69
Long-Term Deferred Charges	18.23	12.34	10.42	9.62	12.06	12.7
Other Long-Term Assets	4.85	8.13	5.1	0.29	3.07	2.31
Total Assets	660.19	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	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	76.11	98.95	160.06	406.93	418.92	437.72
Accrued Expenses	13.95	27.6	28.34	18.77	25.47	20.75
Short-Term Debt	250.8	289.95	393.15	427.82	420.51	451.27
Current Portion of Long-Term Debt	112.93	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	1.87	2.01	3.27	1.99	3.76	2.68
Other Current Liabilities	99.05	134.28	106.88	129.3	47.43	54.04
Total Current Liabilities	560.4	597.28	697.4	1,014	1,024	1,047
Long-Term Debt	-	-	36.07	-	22.9	16.03
Long-Term Leases	15.09	26.72	26.43	21.56	32.48	53.83
Long-Term Unearned Revenue	1.28	1.33	9.62	11.01	12.43	12.53
Long-Term Deferred Tax Liabilities	1.08	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	578.03	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	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	339.49	325.98	325.98	325.98	325.98	325.98
Additional Paid-In Capital	887.66	827.71	827.71	829.66	828.62	828.62
Retained Earnings	-1,102	-1,096	-1,110	-1,051	-890.64	-702.92
Comprehensive Income & Other	5.29	7.65	8.6	7.78	6.84	1.66
Total Common Equity	86.34	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	82.16	60.56	49.88	111.17	269.48	452.11
Total Liabilities & Equity	660.19	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	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	378.83	357.95	458.75	475.51	578.61	598.86
Net Cash (Debt)	-248.56	-259.9	-391.49	-269.19	-483.3	-454.11
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.76	-0.80	-1.20	-0.83	-1.49	-1.38
Filing Date Shares Outstanding	326.03	325.98	325.98	325.98	325.98	325.98
Total Common Shares Outstanding	326.03	325.98	325.98	325.98	325.98	325.98
Working Capital	-202.91	-188.34	-330.76	-342.89	-180.99	9.29
Book Value Per Share	0.26	0.20	0.16	0.35	0.83	1.39
Tangible Book Value	48.08	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