SHE:300370 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	130.13	136.74	47.37	178.78	66.37
Trading Asset Securities	11.23	21.46	48.44	52.47	31.69
Cash & Short-Term Investments	141.37	158.2	95.81	231.24	98.05
Cash Growth	-10.64%	65.11%	-58.57%	135.84%	-11.39%
Accounts Receivable	229.1	273.32	320.02	255.92	700.4
Other Receivables	6.78	11.61	23.02	60.07	229.38
Receivables	235.88	284.92	343.05	316	929.79
Inventory	74	82.89	89.25	111.29	181.64
Prepaid Expenses	-	0	0.05	2.2	1.65
Other Current Assets	16.61	21.61	27.13	298.09	57.05
Total Current Assets	467.85	547.62	555.29	958.83	1,268
Property, Plant & Equipment	209.02	216.27	231.87	237.52	284.63
Long-Term Investments	13.8	16.68	18.09	21.87	37.71
Goodwill	63.75	63.75	50.04	64.48	90.01
Other Intangible Assets	70.43	71.64	33.12	35	44.24
Long-Term Deferred Tax Assets	49.08	77.2	79.11	79.28	126.7
Long-Term Deferred Charges	5.44	12.17	42.43	34.14	29.01
Other Long-Term Assets	506.53	497.09	498.23	494.14	494.71
Total Assets	1,386	1,502	1,508	1,925	2,375
Accounts Payable	166.01	166.06	211.58	234.81	494.32
Accrued Expenses	30.52	65.47	59.94	56.76	323.87
Short-Term Debt	143.16	155.51	39.78	35.28	881.93
Current Portion of Long-Term Debt	102.15	65.23	18.74	32.63	200.63
Current Portion of Leases	-	0.84	1.89	1.41	1.76
Current Income Taxes Payable	9.77	0.29	1.03	0.73	8.3
Current Unearned Revenue	6.77	12.77	17.25	46.55	78.77
Other Current Liabilities	57.5	38.94	69.23	550.98	436.72
Total Current Liabilities	515.87	505.11	419.45	959.15	2,426
Long-Term Debt	300.72	333.3	393.2	77.9	23.6
Long-Term Leases	2.3	1.06	1.58	2.17	5.54
Long-Term Unearned Revenue	10.24	12.09	11.14	15.24	15.04
Long-Term Deferred Tax Liabilities	4.99	4.84	7.2	8.08	8.94
Other Long-Term Liabilities	-	-	-	-	260.98
Total Liabilities	834.12	856.4	832.57	1,063	2,740
Common Stock	1,565	1,565	1,565	1,578	957.15
Additional Paid-In Capital	1,237	1,235	1,225	1,264	158.06
Retained Earnings	-2,334	-2,211	-2,117	-1,917	-1,505
Treasury Stock	-34.06	-49.6	-81.02	-135.52	-40.03
Comprehensive Income & Other	22.83	22.61	22.02	22.93	22.72
Total Common Equity	457.45	562.44	614.45	811.81	-406.85
Minority Interest	94.33	83.59	61.16	50.9	41.67
Shareholders' Equity	551.78	646.03	675.62	862.72	-365.18
Total Liabilities & Equity	1,386	1,502	1,508	1,925	2,375
Total Debt	548.33	555.94	455.2	149.39	1,113
Net Cash (Debt)	-406.96	-397.74	-359.38	81.85	-1,015
Net Cash Per Share	-0.26	-0.25	-0.23	0.05	-1.06
Filing Date Shares Outstanding	1,570	1,565	1,565	1,578	957.15
Total Common Shares Outstanding	1,570	1,565	1,565	1,578	957.15
Working Capital	-48.03	42.51	135.84	-0.32	-1,158
Book Value Per Share	0.29	0.36	0.39	0.51	-0.43
Tangible Book Value	323.27	427.04	531.29	712.34	-541.11
Tangible Book Value Per Share	0.21	0.27	0.34	0.45	-0.57
Buildings	-	217.12	213.94	210.59	220.6
Machinery	-	188.3	185.79	172.06	226.29
Construction In Progress	-	-	5.67	9.71	8.41

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