SHE:300506 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	37.72	157.89	17.44	77.71	253.72
Trading Asset Securities	-	-	0	-	0
Cash & Short-Term Investments	37.72	157.89	17.44	77.71	253.72
Cash Growth	-76.11%	805.55%	-77.56%	-69.37%	-38.07%
Accounts Receivable	368.29	430.69	570.75	887.73	1,252
Other Receivables	988.96	9.08	33.53	52.45	70.26
Receivables	1,357	439.77	604.28	940.19	1,323
Inventory	10.64	13.31	30.85	14.22	30.24
Other Current Assets	6.55	3.67	12.06	20.44	24.63
Total Current Assets	1,412	614.64	664.63	1,053	1,631
Property, Plant & Equipment	151.42	159.1	171.41	183.99	205.85
Long-Term Investments	0.65	1.74	1.99	2.53	1.96
Other Intangible Assets	11.81	12.67	13.39	14.12	14.55
Long-Term Accounts Receivable	1.92	3.61	8.01	16.41	57.73
Long-Term Deferred Tax Assets	0.02	-	-	76.71	123.66
Long-Term Deferred Charges	-	-	0.01	0.51	0.77
Other Long-Term Assets	0.65	0.97	113.05	130.46	136.22
Total Assets	1,579	792.73	972.49	1,477	2,172
Accounts Payable	123.85	339.12	454.7	517.53	633.54
Accrued Expenses	8.97	27.42	17.12	21.77	16.86
Short-Term Debt	1.01	231.33	243.53	289.04	311.38
Current Portion of Long-Term Debt	23.04	1.08	5.05	6.46	17.13
Current Portion of Leases	2.6	2.76	4.17	9.4	35.28
Current Income Taxes Payable	0.25	0.25	0	0	-
Current Unearned Revenue	1.43	4.43	10.69	1.67	9.49
Other Current Liabilities	20.68	47.76	44.27	58.84	59.62
Total Current Liabilities	181.82	654.15	779.53	904.7	1,083
Long-Term Debt	-	24.54	23.53	28.66	55
Long-Term Leases	3.56	3.42	7.06	7.2	19.37
Long-Term Unearned Revenue	2.08	2.32	2.57	2.81	3.05
Other Long-Term Liabilities	11.53	11.54	14.78	12.88	15.19
Total Liabilities	198.99	695.97	827.45	956.24	1,176
Common Stock	1,426	695.6	695.6	695.6	695.6
Additional Paid-In Capital	1,451	822.41	739.12	739.12	739.12
Retained Earnings	-1,489	-1,422	-1,291	-914.14	-439.23
Treasury Stock	-7.89	-	-	-	-
Total Common Equity	1,379	96.44	144.11	520.57	995.49
Minority Interest	0.25	0.31	0.93	0.49	0.49
Shareholders' Equity	1,380	96.75	145.04	521.06	995.97
Total Liabilities & Equity	1,579	792.73	972.49	1,477	2,172
Total Debt	30.21	263.12	283.33	340.75	438.16
Net Cash (Debt)	7.51	-105.24	-265.9	-263.04	-184.44
Net Cash Per Share	0.01	-0.15	-0.38	-0.38	-0.26
Filing Date Shares Outstanding	1,426	695.6	695.6	695.6	695.6
Total Common Shares Outstanding	1,426	695.6	695.6	695.6	695.6
Working Capital	1,230	-39.51	-114.9	147.86	547.83
Book Value Per Share	0.97	0.14	0.21	0.75	1.43
Tangible Book Value	1,368	83.77	130.72	506.45	980.94
Tangible Book Value Per Share	0.96	0.12	0.19	0.73	1.41
Buildings	25.63	25.63	26.48	26.49	28.46
Machinery	26.63	28.84	29.44	31.67	37.17
Construction In Progress	125.4	133.27	137.78	142.88	141.14

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.