SHE:300269 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	157.19	181.81	192.52	306.07	302.12	222.26
Cash & Short-Term Investments	157.19	181.81	192.52	306.07	302.12	222.26
Cash Growth	-13.69%	-5.56%	-37.10%	1.31%	35.93%	0.25%
Accounts Receivable	36.84	64.92	86.49	139.03	203.2	184.01
Other Receivables	4.36	3.55	9.74	17.31	20.51	155.05
Receivables	41.2	68.47	96.24	156.35	223.71	339.06
Inventory	100.75	104.32	154.32	210.89	264.59	192.08
Prepaid Expenses	-	-	1.78	-	0.05	0.43
Other Current Assets	16.55	16.75	11.29	11.09	18.27	30.79
Total Current Assets	315.69	371.35	456.14	684.4	808.73	784.62
Property, Plant & Equipment	165.6	163.38	79.27	86.78	143.42	217.7
Long-Term Investments	0.62	0.83	0.62	1.18	0.56	44.57
Other Intangible Assets	1.53	0.55	0.88	1.2	0.77	2.04
Long-Term Accounts Receivable	-	-	-	9.2	36.82	-
Long-Term Deferred Tax Assets	10.87	10.81	11.3	10.04	11.62	9.13
Long-Term Deferred Charges	3.02	3.43	2.72	3.02	1.51	5.32
Other Long-Term Assets	111.95	115.11	245.65	254.95	228.11	487.29
Total Assets	609.28	665.46	796.58	1,051	1,232	1,551
Accounts Payable	172.74	221.04	294.95	336.37	475.79	358.91
Accrued Expenses	9.68	10.91	17.99	22.69	45.04	32.11
Short-Term Debt	230	230.22	230.31	338.44	340.53	753.29
Current Portion of Long-Term Debt	8.59	7.29	-	-	-	-
Current Portion of Leases	-	-	11.68	9.21	7.66	6.82
Current Income Taxes Payable	2.08	4.14	-	18.79	0.84	1.54
Current Unearned Revenue	80.65	69.58	97.03	139.91	172.88	115.18
Other Current Liabilities	17.13	21.6	31.62	66.81	55.3	62.84
Total Current Liabilities	520.86	564.8	683.59	932.22	1,098	1,331
Long-Term Leases	3.77	1.76	14.86	12.73	15.45	9.55
Long-Term Unearned Revenue	-	-	-	-	-	1.15
Long-Term Deferred Tax Liabilities	3.22	2.5	6.02	4.8	6.46	0.14
Other Long-Term Liabilities	0.49	0.99	2.17	38	52.18	46.08
Total Liabilities	528.34	570.05	706.64	987.75	1,172	1,388
Common Stock	549.11	549.11	549.11	549.11	556.09	556.09
Additional Paid-In Capital	3,654	3,654	3,654	3,634	3,637	3,636
Retained Earnings	-4,061	-4,043	-4,052	-4,058	-4,067	-4,009
Comprehensive Income & Other	-61.93	-64.69	-61.64	-62.23	-69.26	-24.48
Total Common Equity	80.94	95.41	89.94	63.01	57.12	158.95
Minority Interest	-	-	-	-	2.28	4.12
Shareholders' Equity	80.94	95.41	89.94	63.01	59.4	163.07
Total Liabilities & Equity	609.28	665.46	796.58	1,051	1,232	1,551
Total Debt	242.36	239.27	256.86	360.39	363.65	769.66
Net Cash (Debt)	-85.17	-57.46	-64.34	-54.32	-61.53	-547.4
Net Cash Per Share	-0.15	-0.10	-0.10	-0.13	-0.11	-0.98
Filing Date Shares Outstanding	548.97	554.69	549.11	549.11	556.09	556.09
Total Common Shares Outstanding	548.97	554.69	549.11	549.11	556.09	556.09
Working Capital	-205.17	-193.45	-227.45	-247.83	-289.32	-546.07
Book Value Per Share	0.15	0.17	0.16	0.11	0.10	0.29
Tangible Book Value	79.41	94.86	89.06	61.81	56.35	156.91
Tangible Book Value Per Share	0.14	0.17	0.16	0.11	0.10	0.28
Buildings	-	-	12.85	12.85	57.12	153.74
Machinery	-	-	93.53	94.81	98.59	76.31

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