SHE:300338 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	152.66	166.04	313.93	11.04	20.06	89.72
Trading Asset Securities	-	-	-	1.3	0.01	10.01
Cash & Short-Term Investments	152.66	166.04	313.93	12.34	20.07	99.73
Cash Growth	-27.09%	-47.11%	2443.99%	-38.51%	-79.88%	-28.28%
Accounts Receivable	25.97	25.85	29.03	60.8	33.93	67.61
Other Receivables	50.13	54.94	82.37	135.73	110.53	28.69
Receivables	76.09	80.79	111.39	196.53	144.46	96.3
Inventory	3.62	1.99	1.62	5.13	14.27	5.61
Prepaid Expenses	-	-	-	-	-	5.02
Other Current Assets	22.87	26.28	11.45	10.87	13.67	20.93
Total Current Assets	255.25	275.1	438.39	224.87	192.47	227.6
Property, Plant & Equipment	39.8	43.04	64.39	90.96	84.15	327.34
Long-Term Investments	20.25	20.25	19.13	29.86	85.01	80.97
Goodwill	40.67	40.67	52.97	101.18	279.3	386.13
Other Intangible Assets	9.68	10.53	11.41	21.13	35.29	50.62
Long-Term Accounts Receivable	-	-	-	-	36.34	25.38
Long-Term Deferred Tax Assets	4.95	4.95	6.29	13.88	86.07	106.65
Long-Term Deferred Charges	7.84	8.42	10.84	14.71	16.66	60.36
Other Long-Term Assets	0.62	0.35	1.8	27.48	48.49	3.71
Total Assets	379.06	403.31	605.22	524.09	863.77	1,269
Accounts Payable	61.23	49.85	66.78	100.99	148.89	196.47
Accrued Expenses	10.97	12.18	30.94	31.35	39.79	47.95
Short-Term Debt	-	-	211.68	152.89	71.65	49.06
Current Portion of Long-Term Debt	6.86	7.43	-	8.44	8.45	8.47
Current Portion of Leases	-	-	7.32	9.22	4.57	91.47
Current Income Taxes Payable	1.98	3.62	0.01	0.36	1.61	1.89
Current Unearned Revenue	80.63	81.31	91.35	130.95	295.21	603.34
Other Current Liabilities	329.44	342.69	143.48	144.81	155.46	39.25
Total Current Liabilities	491.09	497.07	551.56	579	725.63	1,038
Long-Term Debt	-	-	-	24.46	32.84	41.23
Long-Term Leases	16.1	17.74	25.47	30.94	22.57	157.04
Long-Term Unearned Revenue	-	-	1.85	2.35	-	-
Long-Term Deferred Tax Liabilities	0.05	0.05	0.07	0.07	-	-
Other Long-Term Liabilities	0.15	0.15	0.07	1.03	0.29	-
Total Liabilities	507.4	515.02	579	637.85	781.33	1,236
Common Stock	410.12	402.62	402.62	402.67	386.67	339.62
Additional Paid-In Capital	1,475	1,516	1,515	1,233	1,179	1,115
Retained Earnings	-1,912	-1,929	-1,791	-1,649	-1,374	-1,408
Treasury Stock	-84.51	-84.51	-84.51	-84.6	-95.51	-
Comprehensive Income & Other	-15.85	-15.85	-16.43	-16.24	-13.59	-14.48
Total Common Equity	-127.22	-110.95	25.83	-114.72	82.25	32.34
Minority Interest	-1.12	-0.75	0.39	0.96	0.18	0.25
Shareholders' Equity	-128.34	-111.71	26.22	-113.76	82.44	32.59
Total Liabilities & Equity	379.06	403.31	605.22	524.09	863.77	1,269
Total Debt	22.96	25.17	244.46	225.95	140.07	347.28
Net Cash (Debt)	129.7	140.87	69.47	-213.61	-120	-247.55
Net Cash Growth	-27.02%	102.78%	-	-	-	-
Net Cash Per Share	0.32	0.35	0.17	-0.57	-0.36	-0.73
Filing Date Shares Outstanding	402.7	411.72	407.48	322.49	339.62	339.62
Total Common Shares Outstanding	402.7	411.72	407.48	322.49	339.62	339.62
Working Capital	-235.84	-221.97	-113.16	-354.13	-533.16	-810.3
Book Value Per Share	-0.32	-0.27	0.06	-0.36	0.24	0.10
Tangible Book Value	-177.56	-162.15	-38.55	-237.03	-232.34	-404.41
Tangible Book Value Per Share	-0.44	-0.39	-0.09	-0.74	-0.68	-1.19
Buildings	-	-	24.07	24.07	24.07	24.28
Machinery	-	-	76.25	127.96	134.66	150.59
Construction In Progress	-	-	-	0.04	-	-

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