SHE:300472 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	386.71	407.9	13.42	79.48	55.14	59.51
Cash & Short-Term Investments	386.71	407.9	13.42	79.48	55.14	59.51
Cash Growth	1846.71%	2939.48%	-83.12%	44.14%	-7.34%	140.90%
Accounts Receivable	128.23	111.45	245.33	393.6	650.39	720.26
Other Receivables	19.5	9.93	23.67	41.78	81.44	77.71
Receivables	147.73	121.37	269.01	435.38	731.83	797.97
Inventory	106.96	117.93	172.65	208.17	160.13	133.96
Other Current Assets	45.79	38.09	40.01	32.73	51.74	67.24
Total Current Assets	687.19	685.29	495.08	755.76	998.84	1,059
Property, Plant & Equipment	251.43	257.52	368.31	393.12	448.19	414.43
Long-Term Investments	-	-	2	8.13	8.66	15.99
Goodwill	-	-	-	1.12	1.12	1.12
Other Intangible Assets	36.47	37	42.2	33.52	54.66	65.57
Long-Term Deferred Tax Assets	-	-	6.3	65.21	60.22	42.86
Long-Term Deferred Charges	0.34	0.37	0.94	1.89	2.62	2.95
Other Long-Term Assets	56.8	56.12	97.62	164.06	172.09	70.26
Total Assets	1,032	1,036	1,012	1,423	1,746	1,672
Accounts Payable	255.17	239.47	229.31	278.44	328.06	222.7
Accrued Expenses	47.9	139	77.55	56.24	40.02	37.99
Short-Term Debt	116.01	110.93	120.98	118.97	118.12	143.37
Current Portion of Long-Term Debt	161.98	31.47	67.77	26.49	7.5	-
Current Portion of Leases	-	141.07	46.1	25.25	5.57	5.49
Current Income Taxes Payable	33.37	-	-	0.45	10.2	9.19
Current Unearned Revenue	46.74	53.44	97.55	108.07	70.98	127.89
Other Current Liabilities	319.02	246.86	215.4	161.94	102.16	126.28
Total Current Liabilities	980.18	962.25	854.67	775.84	682.61	672.92
Long-Term Debt	8.22	9.15	15	58.47	92.5	-
Long-Term Leases	1.47	1.47	88.55	107.68	12.75	18.92
Long-Term Unearned Revenue	29.32	29.62	30.84	32.43	44.63	45.43
Long-Term Deferred Tax Liabilities	-	-	-	0	0.19	0.44
Other Long-Term Liabilities	20.66	20.64	15.92	4.74	117.69	45.51
Total Liabilities	1,040	1,023	1,005	979.16	950.37	783.22
Common Stock	275.26	275.26	275.26	275.26	266.53	266.57
Additional Paid-In Capital	1,425	1,425	1,070	1,076	1,029	1,034
Retained Earnings	-1,615	-1,594	-1,253	-815.95	-473.63	-397.86
Treasury Stock	-59.23	-59.23	-59.23	-59.23	-10.02	-20.27
Comprehensive Income & Other	-3.28	-3.28	-1.28	0.02	1.08	1.38
Total Common Equity	23	43.35	31.77	476.05	813.09	883.36
Minority Interest	-30.6	-30.19	-24.3	-32.39	-17.06	5.28
Shareholders' Equity	-7.61	13.17	7.47	443.66	796.03	888.64
Total Liabilities & Equity	1,032	1,036	1,012	1,423	1,746	1,672
Total Debt	287.67	294.09	338.4	336.86	236.44	167.78
Net Cash (Debt)	99.04	113.81	-324.98	-257.38	-181.3	-108.28
Net Cash Per Share	0.37	0.43	-1.23	-0.94	-0.67	-0.43
Filing Date Shares Outstanding	275.26	275.26	275.26	275.26	266.53	266.57
Total Common Shares Outstanding	275.26	275.26	275.26	275.26	266.53	266.57
Working Capital	-293	-276.95	-359.58	-20.09	316.22	385.76
Book Value Per Share	0.08	0.16	0.12	1.73	3.05	3.31
Tangible Book Value	-13.48	6.35	-10.42	441.41	757.31	816.68
Tangible Book Value Per Share	-0.05	0.02	-0.04	1.60	2.84	3.06
Buildings	-	146.97	172.58	165.83	175.97	144.39
Machinery	-	210.03	264.45	129.02	80.09	79
Construction In Progress	-	11.24	3.58	160.52	252.88	235.68