SHE:300313 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	31.02	39.39	24.5	16.73	47.29	108.88
Cash & Short-Term Investments	31.02	39.39	24.5	16.73	47.29	108.88
Cash Growth	76.02%	60.79%	46.40%	-64.61%	-56.57%	567.92%
Accounts Receivable	31.53	21.24	14.14	11.88	7.97	27.12
Other Receivables	8.05	7.24	4.7	8.79	7.08	0.9
Receivables	39.59	28.48	18.84	20.68	15.05	28.02
Inventory	40.85	33.59	18.47	72.46	54.17	28.86
Other Current Assets	3.13	0.43	0.73	1.19	1.13	6.83
Total Current Assets	114.58	101.89	62.54	111.06	117.64	172.59
Property, Plant & Equipment	76.84	73.68	70.93	78.65	74.67	80.91
Long-Term Investments	16.67	15.54	13.59	11.61	10.86	9.59
Other Intangible Assets	52.69	53.42	62.48	65.72	69.15	72.68
Long-Term Deferred Tax Assets	8.13	7.98	7.41	7.51	7.56	7.68
Long-Term Deferred Charges	4.79	5.08	4.9	4.7	5.11	6.05
Other Long-Term Assets	21.41	22.05	26.35	35.98	47.61	49.69
Total Assets	295.11	279.63	248.2	315.23	332.59	399.2
Accounts Payable	21.35	16.58	15.09	19.36	10.9	12.36
Accrued Expenses	3.8	4.51	4.52	7.76	5.61	7.69
Short-Term Debt	12.67	-	145.9	173.98	179.74	216.56
Current Portion of Long-Term Debt	-	0.25	0.25	-	-	1.8
Current Portion of Leases	43.93	1.83	1.05	0.85	0.55	0.58
Current Income Taxes Payable	1.45	1.06	0.46	0.09	0.25	8.43
Current Unearned Revenue	3.59	4.6	3.67	2.13	2.74	2.11
Other Current Liabilities	9.17	27.37	24.08	25.5	25.97	23.35
Total Current Liabilities	95.96	56.2	195.01	229.67	225.76	272.87
Long-Term Debt	30.6	30.6	30.8	-	-	-
Long-Term Leases	5.76	5.36	2.69	1.99	1.22	1.7
Long-Term Unearned Revenue	19.55	21.01	10.88	8.72	9.3	10.02
Long-Term Deferred Tax Liabilities	1.93	1.9	0.99	0.91	0.53	0.24
Other Long-Term Liabilities	90	120	2.15	1.95	1.7	-
Total Liabilities	243.8	235.08	242.51	243.24	238.51	284.84
Common Stock	239.78	239.78	312.98	312.98	312.98	312.98
Additional Paid-In Capital	297.46	296.53	160.72	160.72	160.72	160.72
Retained Earnings	-500.5	-504.66	-477.47	-411.53	-389.52	-357.59
Comprehensive Income & Other	-	-	-	-	-	-11.98
Total Common Equity	36.74	31.64	-3.78	62.17	84.17	104.13
Minority Interest	14.57	12.91	9.46	9.82	9.91	10.23
Shareholders' Equity	51.31	44.55	5.68	71.99	94.08	114.36
Total Liabilities & Equity	295.11	279.63	248.2	315.23	332.59	399.2
Total Debt	92.96	38.04	180.69	176.82	181.51	220.64
Net Cash (Debt)	-61.94	1.35	-156.19	-160.09	-134.22	-111.75
Net Cash Per Share	-0.21	0.00	-0.50	-0.51	-0.42	-0.37
Filing Date Shares Outstanding	239.78	239.78	312.98	312.98	312.98	312.98
Total Common Shares Outstanding	239.78	239.78	312.98	312.98	312.98	312.98
Working Capital	18.62	45.68	-132.47	-118.61	-108.12	-100.27
Book Value Per Share	0.15	0.13	-0.01	0.20	0.27	0.33
Tangible Book Value	-15.95	-21.77	-66.26	-3.55	15.02	31.45
Tangible Book Value Per Share	-0.07	-0.09	-0.21	-0.01	0.05	0.10
Buildings	-	116.56	120.46	123.28	106.17	112.64
Machinery	-	20.34	20.19	22.2	21.69	21.03
Construction In Progress	-	3.82	-	-	-	-

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