SHE:300426 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	Dec '21 Dec 31, 2021
Cash & Equivalents	94.47	108.27	237.75	232.22	156.3	447.14
Cash & Short-Term Investments	94.47	108.27	237.75	232.22	156.3	447.14
Cash Growth	-73.96%	-54.46%	2.38%	48.58%	-65.05%	143.86%
Accounts Receivable	160.15	164.55	247.18	316.2	227	307.29
Other Receivables	28.85	21.35	15.29	12.56	4.57	8.34
Receivables	188.99	185.91	262.47	328.76	231.57	315.63
Inventory	765.65	731.17	841.31	804.18	1,035	1,199
Prepaid Expenses	-	2.59	1.06	0.61	0.17	0.17
Other Current Assets	643.78	626.45	592.96	578.55	570.59	295.92
Total Current Assets	1,693	1,654	1,936	1,944	1,994	2,257
Property, Plant & Equipment	11.18	11.98	16.91	21.9	26.7	32.25
Long-Term Investments	16.89	8.89	9.3	11.99	14.21	19.02
Goodwill	0	0	0	0	0	0
Other Intangible Assets	0.01	0.02	0.08	0.14	0.21	0.32
Long-Term Deferred Charges	0.23	0.36	2.03	3.8	5.57	7.19
Total Assets	1,721	1,676	1,964	1,982	2,040	2,316
Accounts Payable	63.32	60.11	90.53	64.75	64.06	93.06
Accrued Expenses	2.13	5.39	23.12	25.49	41.34	55.35
Short-Term Debt	226.59	1,253	1,465	1,405	1,336	1,359
Current Portion of Long-Term Debt	1.67	-	-	-	-	21.47
Current Portion of Leases	-	1.47	4.48	4.43	4.07	3.28
Current Income Taxes Payable	1.92	0.43	0.09	0.07	0.24	0.05
Current Unearned Revenue	146.49	120.16	50.25	49.27	77.83	202.06
Other Current Liabilities	1,229	168.27	265.73	327.41	411.51	495.82
Total Current Liabilities	1,671	1,609	1,899	1,876	1,935	2,230
Long-Term Leases	8.44	8.48	9.9	14.02	18.09	21.78
Long-Term Unearned Revenue	5.01	3.01	0.3	1.08	8.66	7.44
Other Long-Term Liabilities	4.47	5.02	0.21	2.12	0.43	-
Total Liabilities	1,689	1,625	1,910	1,893	1,962	2,259
Common Stock	450.38	450.38	404.86	404.86	409	414.77
Additional Paid-In Capital	465.19	465.19	122.18	122.18	-	149.82
Retained Earnings	-803.39	-786.63	-384.51	-356.65	-373.71	-404.57
Treasury Stock	-	-	-16.91	-16.91	-31.05	-50.86
Comprehensive Income & Other	-19.23	-18.63	-16.92	-16.11	117.11	-14.28
Total Common Equity	92.95	110.31	108.7	137.37	121.36	94.89
Minority Interest	-60.29	-59.78	-54.34	-48.65	-43.43	-38.07
Shareholders' Equity	32.66	50.53	54.36	88.72	77.93	56.81
Total Liabilities & Equity	1,721	1,676	1,964	1,982	2,040	2,316
Total Debt	236.71	1,263	1,479	1,423	1,358	1,406
Net Cash (Debt)	-142.24	-1,154	-1,242	-1,191	-1,202	-958.49
Net Cash Per Share	-0.31	-2.60	-3.06	-2.79	-2.73	-2.54
Filing Date Shares Outstanding	450.77	450.38	455.24	404.86	409	414.77
Total Common Shares Outstanding	450.77	450.38	404.86	404.86	409	414.77
Working Capital	22.27	45.78	36.46	68.12	58.43	27.26
Book Value Per Share	0.21	0.24	0.27	0.34	0.30	0.23
Tangible Book Value	92.94	110.29	108.62	137.23	121.16	94.57
Tangible Book Value Per Share	0.21	0.24	0.27	0.34	0.30	0.23
Machinery	-	25.91	25.85	25.78	25.59	24.96

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