SHE:300626 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	40.61	68.37	45.61	38.72	154.54
Short-Term Investments	-	82.86	20.56	41.94	-
Trading Asset Securities	-	-	-	0.39	-
Cash & Short-Term Investments	40.61	151.23	66.17	81.05	154.54
Cash Growth	-73.14%	128.54%	-18.36%	-47.55%	86.62%
Accounts Receivable	251	250.05	250.37	235.46	317.59
Other Receivables	1.45	0.37	0.81	2.1	3.02
Receivables	252.45	250.41	251.18	237.56	320.61
Inventory	208.6	196.39	160.11	175.8	199.16
Other Current Assets	40.34	3.52	9.38	3.29	7.73
Total Current Assets	542	601.55	486.84	497.7	682.04
Property, Plant & Equipment	171.38	171.37	179.16	245.4	243
Long-Term Investments	113.92	147.5	242.74	323.04	299.63
Other Intangible Assets	15.42	15.85	16.64	25.87	26.1
Long-Term Deferred Tax Assets	7.55	9.11	9.81	10.12	6.62
Other Long-Term Assets	26.02	27.56	22.41	13.92	15.07
Total Assets	876.28	972.94	957.59	1,116	1,272
Accounts Payable	69.39	115.06	123.37	48.08	63.07
Accrued Expenses	27.07	29.4	27.86	28.8	37.08
Short-Term Debt	166.08	221.21	180.12	288.94	369.12
Current Portion of Long-Term Debt	29.2	64.05	-	-	-
Current Income Taxes Payable	3.21	0.16	0.28	0.44	0.63
Current Unearned Revenue	3.06	2.88	3.91	6.01	5.43
Other Current Liabilities	45.07	15.66	39.57	24.4	64.89
Total Current Liabilities	343.09	448.43	375.1	396.66	540.22
Long-Term Debt	-	-	50.05	93.02	124.33
Long-Term Leases	0.2	-	-	-	-
Long-Term Unearned Revenue	6.24	7.56	8.99	11.9	14.24
Long-Term Deferred Tax Liabilities	1.15	1.28	1.47	1.67	-
Other Long-Term Liabilities	0.23	0.22	0.21	0.18	0.47
Total Liabilities	350.91	457.5	435.82	503.42	679.27
Common Stock	180	180	180	180	180
Additional Paid-In Capital	130.16	130.16	130.16	130.16	130.16
Retained Earnings	215.21	205.28	211.61	302.48	283.03
Shareholders' Equity	525.37	515.44	521.77	612.63	593.19
Total Liabilities & Equity	876.28	972.94	957.59	1,116	1,272
Total Debt	195.49	285.26	230.17	381.95	493.45
Net Cash (Debt)	-154.87	-134.04	-164	-300.9	-338.92
Net Cash Per Share	-0.94	-0.82	-0.90	-1.70	-1.86
Filing Date Shares Outstanding	122.26	180	180	180	180
Total Common Shares Outstanding	122.26	180	180	180	180
Working Capital	198.91	153.12	111.74	101.04	141.82
Book Value Per Share	4.30	2.86	2.90	3.40	3.30
Tangible Book Value	509.95	499.59	505.13	586.76	567.09
Tangible Book Value Per Share	4.17	2.78	2.81	3.26	3.15
Buildings	-	124.69	127.96	205.97	155.27
Machinery	-	346.18	333.48	325.18	301.77
Construction In Progress	-	1.58	1.87	5.11	50.62