SHE:300591 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	68.72	62.08	158.48	149.11	117.89	35.91
Trading Asset Securities	3	-	-	-	-	-
Cash & Short-Term Investments	71.72	62.08	158.48	149.11	117.89	35.91
Cash Growth	-29.98%	-60.83%	6.28%	26.49%	228.31%	-68.75%
Accounts Receivable	106.56	190.32	161.72	351.59	318.89	248.29
Other Receivables	21.6	12.01	27.45	37.18	37.35	35.25
Receivables	128.17	202.32	189.16	388.77	356.23	283.54
Inventory	51.76	67.34	95.95	122.47	107.36	128.94
Prepaid Expenses	-	1.02	1.24	3.22	-	0.88
Other Current Assets	26.15	8.24	12.54	11.67	33.43	47.76
Total Current Assets	277.8	341.01	457.37	675.25	614.91	497.03
Property, Plant & Equipment	189.92	193.25	221.32	239.06	259.95	182.29
Goodwill	-	-	-	-	-	14.44
Other Intangible Assets	18.73	19.29	21.62	23.84	11.88	12.75
Long-Term Deferred Tax Assets	25.35	26.06	49.18	62.57	59.87	52.51
Long-Term Deferred Charges	4.17	3.94	4.61	3.28	3.82	4.22
Other Long-Term Assets	0.03	0.03	0.02	0.19	1.34	1.3
Total Assets	516	583.58	754.12	1,004	951.77	764.53
Accounts Payable	166.54	195.52	207.41	247.84	161.03	112.61
Accrued Expenses	6.83	18.96	13.65	17.25	18.68	14.4
Short-Term Debt	102.12	113.14	139.89	169.53	150.58	202.46
Current Portion of Long-Term Debt	-	0.41	-	-	-	1.5
Current Portion of Leases	8.71	11.21	25.77	27.13	10.38	12.3
Current Income Taxes Payable	2.1	0.02	0.09	0.05	-	1.21
Current Unearned Revenue	1.75	6.9	2.82	3.28	4.41	10.75
Other Current Liabilities	16.63	30.66	11.35	8.74	15.86	9.48
Total Current Liabilities	304.68	376.82	400.99	473.83	360.94	364.72
Long-Term Debt	9.6	9.6	-	-	-	1.52
Long-Term Leases	2.66	3.58	13.38	21.76	7.19	11.6
Long-Term Unearned Revenue	6.78	7.04	6.81	0.22	0.25	0.28
Long-Term Deferred Tax Liabilities	1.09	0.72	2.24	1.83	1.4	1.95
Other Long-Term Liabilities	2.19	2.21	-	-	5.45	-
Total Liabilities	327.01	399.97	423.41	497.63	375.23	380.07
Common Stock	405.67	405.67	405.67	405.67	405.67	329.72
Additional Paid-In Capital	549.78	548.39	544.91	544.91	538.78	204.33
Retained Earnings	-783.95	-786.77	-635.54	-459.64	-388.09	-175.58
Comprehensive Income & Other	-0.54	-0.84	-1.18	-0.89	-0.71	0.34
Total Common Equity	170.97	166.46	313.87	490.06	555.66	358.81
Minority Interest	18.02	17.16	16.84	16.49	20.89	25.66
Shareholders' Equity	188.99	183.61	330.71	506.55	576.54	384.47
Total Liabilities & Equity	516	583.58	754.12	1,004	951.77	764.53
Total Debt	123.09	137.95	179.03	218.43	168.15	229.38
Net Cash (Debt)	-51.36	-75.87	-20.56	-69.32	-50.26	-193.47
Net Cash Per Share	-0.13	-0.19	-0.05	-0.17	-0.13	-0.59
Filing Date Shares Outstanding	405.67	405.67	405.67	405.67	405.67	329.72
Total Common Shares Outstanding	405.67	405.67	405.67	405.67	405.67	329.72
Working Capital	-26.88	-35.81	56.38	201.42	253.97	132.31
Book Value Per Share	0.42	0.41	0.77	1.21	1.37	1.09
Tangible Book Value	152.24	147.17	292.25	466.22	543.78	331.62
Tangible Book Value Per Share	0.38	0.36	0.72	1.15	1.34	1.01
Buildings	-	183.91	183.91	183.91	183.88	174.33
Machinery	-	153.89	150.84	151.05	145.72	81.31
Construction In Progress	-	-	0.28	-	8.51	0.36