SHE:300449 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	89.3	159.22	262.19	512.14	7.3	45.34
Cash & Short-Term Investments	89.3	159.22	262.19	512.14	7.3	45.34
Cash Growth	-40.59%	-39.27%	-48.80%	6916.06%	-83.90%	201.01%
Accounts Receivable	54.74	46.87	83.79	69.03	159.91	203.25
Other Receivables	4.5	4.58	15.41	55.91	71.74	113.25
Receivables	59.24	51.45	99.19	124.94	231.65	316.5
Inventory	12.78	25.86	1.63	8.97	20.29	22.05
Prepaid Expenses	-	-	-	-	0.43	-
Other Current Assets	133.11	49.32	24.03	7.16	23.54	13.58
Total Current Assets	294.43	285.86	387.04	653.21	283.21	397.47
Property, Plant & Equipment	38.62	40.59	41.07	69.82	94.35	122.78
Long-Term Investments	-	-	-	1.49	3.96	6.8
Goodwill	-	-	5.65	8.72	19.57	20.78
Other Intangible Assets	0.05	0.08	0.45	5.79	6.04	7.42
Long-Term Accounts Receivable	-	-	1.11	2.27	2.29	7.28
Long-Term Deferred Tax Assets	102.06	102.77	104.12	109.15	62.71	54.47
Long-Term Deferred Charges	4.67	-	-	0.05	0.52	0.19
Other Long-Term Assets	4.69	9.67	8.85	8.1	10.18	11.77
Total Assets	444.52	438.97	548.31	858.58	482.84	628.96
Accounts Payable	51.24	23.29	39.48	92.23	107.83	115.47
Accrued Expenses	3.97	4.54	22.64	69.55	53.33	23.74
Short-Term Debt	50.02	50.05	92.03	193.77	181.28	198.63
Current Portion of Long-Term Debt	5.94	9.66	-	-	-	-
Current Portion of Leases	-	-	4.78	5.96	30.67	38.5
Current Income Taxes Payable	3.12	5.91	1.3	5.91	5.91	7.05
Current Unearned Revenue	7.64	17.1	2.11	1.53	1.77	2.37
Other Current Liabilities	35.66	33.62	6.64	61.3	59.42	57.14
Total Current Liabilities	157.58	144.16	168.98	430.26	440.22	442.9
Long-Term Leases	9.82	9.67	10.76	3.96	1.26	23.97
Long-Term Unearned Revenue	-	-	-	0.2	0.32	0.44
Long-Term Deferred Tax Liabilities	-	-	4.32	1.9	0.63	-
Total Liabilities	167.4	153.83	184.06	436.32	442.43	467.31
Common Stock	386.04	386.04	387.48	387.48	298.26	298.26
Additional Paid-In Capital	1,194	1,194	1,210	1,205	785.5	785.5
Retained Earnings	-1,301	-1,294	-1,215	-1,153	-1,026	-904.56
Treasury Stock	-	-	-17.4	-17.4	-17.4	-17.4
Total Common Equity	278.24	285.65	364.29	422.3	40.43	161.8
Minority Interest	-1.12	-0.51	-0.05	-0.04	-0.03	-0.14
Shareholders' Equity	277.12	285.14	364.24	422.26	40.41	161.65
Total Liabilities & Equity	444.52	438.97	548.31	858.58	482.84	628.96
Total Debt	65.78	69.37	107.58	203.69	213.21	261.11
Net Cash (Debt)	23.53	89.85	154.61	308.45	-205.91	-215.77
Net Cash Growth	-64.70%	-41.89%	-49.88%	-	-	-
Net Cash Per Share	0.06	0.23	0.40	1.04	-0.69	-0.72
Filing Date Shares Outstanding	386.16	412.17	386.68	386.68	297.46	297.46
Total Common Shares Outstanding	386.16	412.17	386.68	386.68	297.46	297.46
Working Capital	136.85	141.7	218.07	222.94	-157.01	-45.42
Book Value Per Share	0.72	0.69	0.94	1.09	0.14	0.54
Tangible Book Value	278.18	285.57	358.18	407.8	14.82	133.59
Tangible Book Value Per Share	0.72	0.69	0.93	1.05	0.05	0.45
Buildings	-	-	13.45	13.32	12.14	7.84
Machinery	-	-	12.99	123.57	7.8	135.18

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