SHS Holdings Ltd. (SGX:566)

SHS Holdings Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	56.81	37.27	38.28	48.04	59.98	66.38
Short-Term Investments	-	29.59	-	-	-	-
Cash & Short-Term Investments	56.81	66.87	38.28	48.04	59.98	66.38
Cash Growth	48.95%	74.66%	-20.30%	-19.91%	-9.65%	109.30%
Accounts Receivable	154.3	93.6	32.78	56.46	28.06	23.11
Other Receivables	26.09	28.73	2.48	-	3.5	8.1
Receivables	180.39	122.33	35.26	56.46	31.56	31.21
Inventory	23.59	13.09	12.25	10.96	8.85	7.42
Prepaid Expenses	-	-	0.97	-	-	-
Other Current Assets	-	-	24.61	3.4	-	-
Total Current Assets	260.79	202.29	111.37	118.86	100.38	105
Property, Plant & Equipment	133.54	131.59	39.36	42.87	43.43	47.45
Long-Term Investments	4.96	4.96	20.66	14.39	14.34	15.02
Goodwill	13.7	13.37	6	6	6	6
Other Intangible Assets	0.72	0.69	-	-	-	-
Other Long-Term Assets	7.44	7.14	-	2.68	2.81	2.88
Total Assets	421.14	360.03	177.39	184.79	166.96	176.35

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	155.78	119.54	8.33	9.4	4.23	6.82
Accrued Expenses	-	-	2.28	-	3.11	2.53
Short-Term Debt	5.14	4.85	5.73	17.44	7.63	6.54
Current Portion of Long-Term Debt	14.11	13.33	2.13	2.38	7.28	3.38
Current Portion of Leases	0.38	0.42	0.3	0.28	0.24	0.27
Current Income Taxes Payable	0.52	1.27	0.66	0.72	0.43	0.36
Current Unearned Revenue	2.2	3.88	6.38	3.73	2.65	0.36
Other Current Liabilities	27.68	-	3.16	2.97	2.04	2.36
Total Current Liabilities	205.81	143.29	28.97	36.91	27.6	22.61
Long-Term Debt	23.22	22.56	2.85	4.83	2.25	9.52
Long-Term Leases	30.15	29.27	3.5	3.77	3.95	4.19
Long-Term Unearned Revenue	4.48	4.46	-	-	-	-
Long-Term Deferred Tax Liabilities	2.01	2.01	2.03	2.73	1.72	1.73
Other Long-Term Liabilities	21.01	18.92	-	-	-	-
Total Liabilities	286.67	220.51	37.34	48.24	35.53	38.06

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	155.55	155.55	155.55	155.55	155.55	160.64
Retained Earnings	-32.41	-29.12	-14.28	-15.75	-15.18	-20.23
Treasury Stock	-11.53	-11.53	-11.52	-11.52	-11.52	-5.4
Comprehensive Income & Other	22.53	24.32	9.84	7.89	2.28	3.39
Total Common Equity	134.14	139.22	139.58	136.16	131.13	138.4
Minority Interest	0.33	0.31	0.46	0.4	0.31	-0.11
Shareholders' Equity	134.47	139.53	140.05	136.56	131.44	138.29
Total Liabilities & Equity	421.14	360.03	177.39	184.79	166.96	176.35

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	73	70.43	14.5	28.69	21.35	23.9
Net Cash (Debt)	-16.19	-3.56	23.78	19.34	38.62	42.48
Net Cash Growth	-	-	22.95%	-49.92%	-9.09%	733.14%
Net Cash Per Share	-0.03	-0.01	0.04	0.03	0.06	0.06
Filing Date Shares Outstanding	610.35	610.35	610.35	610.4	610.4	644.92
Total Common Shares Outstanding	610.35	610.35	610.4	610.4	610.4	682.64
Working Capital	54.98	59	82.4	81.95	72.78	82.39
Book Value Per Share	0.22	0.23	0.23	0.22	0.21	0.20
Tangible Book Value	119.72	125.16	133.58	130.16	125.13	132.4
Tangible Book Value Per Share	0.20	0.21	0.22	0.21	0.20	0.19
Land	-	34.94	-	-	3.58	3.48
Buildings	-	40.52	36.01	36.01	39.13	39.51
Machinery	-	43.89	22.12	22.71	21.58	21.37
Leasehold Improvements	-	11.17	0.79	0.9	0.93	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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 4, 2026

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