SHE:300506 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	917.55	37.72	157.89	17.44	77.71	253.72
Trading Asset Securities	-	-	-	0	-	0
Cash & Short-Term Investments	917.55	37.72	157.89	17.44	77.71	253.72
Cash Growth	672.53%	-76.11%	805.55%	-77.56%	-69.37%	-38.07%
Accounts Receivable	342.48	368.29	430.69	570.75	887.73	1,252
Other Receivables	77.86	988.96	9.08	33.53	52.45	70.26
Receivables	420.34	1,357	439.77	604.28	940.19	1,323
Inventory	6.14	10.64	13.31	30.85	14.22	30.24
Other Current Assets	9.62	6.55	3.67	12.06	20.44	24.63
Total Current Assets	1,354	1,412	614.64	664.63	1,053	1,631
Property, Plant & Equipment	150.92	151.42	159.1	171.41	183.99	205.85
Long-Term Investments	0.65	0.65	1.74	1.99	2.53	1.96
Other Intangible Assets	11.71	11.81	12.67	13.39	14.12	14.55
Long-Term Accounts Receivable	1.81	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	0.65	0.97	113.05	130.46	136.22
Total Assets	1,519	1,579	792.73	972.49	1,477	2,172
Accounts Payable	81.18	123.85	339.12	454.7	517.53	633.54
Accrued Expenses	3.64	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	26.35	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	2.79	0.25	0.25	0	0	-
Current Unearned Revenue	1.37	1.43	4.43	10.69	1.67	9.49
Other Current Liabilities	18.46	20.68	47.76	44.27	58.84	59.62
Total Current Liabilities	133.79	181.82	654.15	779.53	904.7	1,083
Long-Term Debt	-	-	24.54	23.53	28.66	55
Long-Term Leases	2.97	3.56	3.42	7.06	7.2	19.37
Long-Term Unearned Revenue	2.02	2.08	2.32	2.57	2.81	3.05
Other Long-Term Liabilities	13.81	11.53	11.54	14.78	12.88	15.19
Total Liabilities	152.59	198.99	695.97	827.45	956.24	1,176
Common Stock	1,426	1,426	695.6	695.6	695.6	695.6
Additional Paid-In Capital	1,451	1,451	822.41	739.12	739.12	739.12
Retained Earnings	-1,502	-1,489	-1,422	-1,291	-914.14	-439.23
Treasury Stock	-7.89	-7.89	-	-	-	-
Total Common Equity	1,367	1,379	96.44	144.11	520.57	995.49
Minority Interest	0.23	0.25	0.31	0.93	0.49	0.49
Shareholders' Equity	1,367	1,380	96.75	145.04	521.06	995.97
Total Liabilities & Equity	1,519	1,579	792.73	972.49	1,477	2,172
Total Debt	29.31	30.21	263.12	283.33	340.75	438.16
Net Cash (Debt)	888.23	7.51	-105.24	-265.9	-263.04	-184.44
Net Cash Per Share	1.13	0.01	-0.15	-0.38	-0.38	-0.26
Filing Date Shares Outstanding	1,283	575.63	695.6	695.6	695.6	695.6
Total Common Shares Outstanding	1,283	575.63	695.6	695.6	695.6	695.6
Working Capital	1,220	1,230	-39.51	-114.9	147.86	547.83
Book Value Per Share	1.07	2.40	0.14	0.21	0.75	1.43
Tangible Book Value	1,355	1,368	83.77	130.72	506.45	980.94
Tangible Book Value Per Share	1.06	2.38	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

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