SHE:300614 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	35.17	38.87	63.37	204.18	121.62	164.31
Trading Asset Securities	4.98	4.9	-	-	-	-
Accounts Receivable	686.47	684.57	747.76	742.27	569.3	543.19
Other Receivables	70.41	80.59	41.98	72.19	14.96	20.96
Inventory	18.89	14.76	27.84	34.03	39.23	47.14
Prepaid Expenses	-	3.22	1.45	1.14	0.06	1.2
Other Current Assets	53.95	48.55	59.92	66.21	59.9	44.33
Total Current Assets	869.87	875.45	942.32	1,120	805.07	821.12
Property, Plant & Equipment	677.34	690.14	860.61	917.14	733.81	669.53
Goodwill	-	-	2.52	33.58	55.12	55.12
Other Intangible Assets	60.09	61.45	123.17	139.96	16.78	13.27
Long-Term Investments	43.78	47.06	64.01	46.26	70.95	70.28
Long-Term Loans Receivable	-	-	-	-	1.9	3.49
Long-Term Deferred Tax Assets	18.42	18.14	12.82	6.57	4.48	4.44
Long-Term Deferred Charges	49.81	51.94	74.9	103.5	110.18	116.4
Long-Term Accounts Receivable	-	-	-	-	6.62	7.47
Other Long-Term Assets	29.14	32.78	113.74	154.5	75.05	42.33
Total Assets	1,748	1,777	2,194	2,522	1,880	1,803
Accounts Payable	119.18	125.78	102.68	102.96	74.93	94.98
Accrued Expenses	23.31	41.72	30.48	38.19	24.6	24.62
Short-Term Debt	159.94	162.48	291.02	257.86	156.04	67.24
Current Portion of Long-Term Debt	56.91	23.39	17.97	18.57	17.57	5
Current Unearned Revenue	3.57	3.44	4.55	10.18	0.02	0.31
Current Portion of Leases	-	34.05	49.98	4.62	23.24	40.14
Current Income Taxes Payable	32.11	19.55	17.95	15.91	7.32	12.73
Other Current Liabilities	54.62	39.46	27.58	45.72	11.56	10.4
Total Current Liabilities	449.64	449.86	542.21	494.01	315.29	255.43
Long-Term Debt	368.67	371.51	321.21	288.11	36.49	19
Long-Term Leases	49.86	59.07	37.89	61.75	24.2	49.3
Long-Term Unearned Revenue	-	-	9.15	9.15	-	-
Long-Term Deferred Tax Liabilities	4.05	4.3	5.9	3.31	3.19	3.26
Total Liabilities	872.22	884.74	916.36	856.34	379.18	326.99
Common Stock	160.44	160.44	160.44	160.43	160.43	160.43
Additional Paid-In Capital	675.63	675.63	675.5	728.12	686.19	686.19
Retained Earnings	-144.71	-124.41	276.15	558.36	649.12	622.35
Comprehensive Income & Other	194.57	190.43	171.71	186.46	-0.26	0.18
Total Common Equity	885.93	902.09	1,284	1,633	1,495	1,469
Minority Interest	-9.7	-9.89	-6.06	31.83	5.31	7.31
Shareholders' Equity	876.23	892.2	1,278	1,665	1,501	1,476
Total Liabilities & Equity	1,748	1,777	2,194	2,522	1,880	1,803
Total Debt	635.38	650.5	718.07	630.91	257.55	180.68
Net Cash (Debt)	-595.23	-606.73	-654.7	-426.73	-135.93	-16.37
Net Cash Per Share	-3.77	-3.78	-4.08	-2.67	-0.83	-0.11
Filing Date Shares Outstanding	160.44	160.44	160.44	160.43	160.43	160.43
Total Common Shares Outstanding	160.44	160.44	160.44	160.43	160.43	160.43
Working Capital	420.23	425.59	400.12	626.01	489.77	565.69
Book Value Per Share	5.52	5.62	8.00	10.18	9.32	9.16
Tangible Book Value	825.84	840.64	1,158	1,460	1,424	1,401
Tangible Book Value Per Share	5.15	5.24	7.22	9.10	8.87	8.73
Land	-	17.84	15.11	15.15	-	-
Machinery	-	945.83	985.19	994.42	808.16	770.96
Construction In Progress	-	58.65	116.26	125.7	85.22	40.19