Shanghai Forest Cabin Cosmetics Group Co., Ltd. (HKG:2657)

HKG:2657 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	1,218	1,542	440.32	285.73	203.12
Short-Term Investments	378.56	28.75	23.45	22.8	24.09
Trading Asset Securities	-	-	-	-	4.51
Cash & Short-Term Investments	1,596	1,570	463.77	308.53	231.72
Cash Growth	271.68%	238.59%	50.32%	33.15%	-
Accounts Receivable	52.88	96.65	45.9	34.45	21.23
Other Receivables	-	21.78	2.57	4.32	1.58
Receivables	52.88	118.43	48.47	38.77	22.81
Inventory	360.06	304.73	141.24	55.08	70.47
Restricted Cash	-	1.01	2.03	11.14	0.08
Other Current Assets	117.54	49.7	38.58	15.87	14.36
Total Current Assets	2,127	2,044	694.1	429.39	339.44
Property, Plant & Equipment	373.64	364.51	299.14	238.77	110.3
Other Intangible Assets	8.74	8.01	7.65	7.83	8.84
Long-Term Deferred Tax Assets	77.45	80.79	72.17	53.91	55.64
Other Long-Term Assets	3.04	2.81	0.9	8.86	30.22
Total Assets	2,590	2,500	1,074	738.75	544.43

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Accounts Payable	139.33	167.5	106.01	43.95	26.37
Accrued Expenses	-	213.71	125.83	65.49	57
Current Portion of Long-Term Debt	-	23.43	-	-	-
Current Portion of Leases	40.79	50.51	37.77	32.28	36.5
Current Income Taxes Payable	13.45	41.55	32.05	12.08	6.73
Current Unearned Revenue	38.89	40.83	26.25	22.44	15.56
Other Current Liabilities	210.27	47.87	42.91	54.58	15.91
Total Current Liabilities	442.73	585.39	370.82	230.81	158.08
Long-Term Debt	-	38.95	77.96	26.97	-
Long-Term Leases	52.36	40.88	13.11	10.86	4.69
Total Liabilities	495.08	665.23	461.88	268.64	162.77

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Common Stock	28.35	27.93	25.14	25.14	25.14
Retained Earnings	-	150.43	-114.91	107.16	22.65
Comprehensive Income & Other	2,066	1,657	701.84	337.81	333.87
Shareholders' Equity	2,095	1,835	612.07	470.12	381.66
Total Liabilities & Equity	2,590	2,500	1,074	738.75	544.43

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Total Debt	93.15	153.78	128.83	70.1	41.19
Net Cash (Debt)	1,503	1,417	334.95	238.42	190.52
Net Cash Growth	435.71%	322.91%	40.48%	25.14%	-
Net Cash Per Share	11.25	11.26	2.66	1.90	1.52
Filing Date Shares Outstanding	141.47	141.76	125.7	125.7	125.7
Total Common Shares Outstanding	141.47	139.66	125.7	125.7	125.7
Working Capital	1,684	1,459	323.28	198.58	181.36
Book Value Per Share	14.81	13.14	4.87	3.74	3.04
Tangible Book Value	2,086	1,827	604.42	462.28	372.82
Tangible Book Value Per Share	14.74	13.08	4.81	3.68	2.97
Buildings	-	180.9	173.38	-	-
Machinery	-	79.62	54.87	29.74	27.87
Construction In Progress	-	9.5	14.53	155.3	30.11
Leasehold Improvements	-	60.78	64.68	54.01	128.37

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Sep 12, 2026

Data Sources Report a data error