Shahe Industrial Co., Ltd. (SHE:000014)

Shahe Industrial Balance Sheet

Financials in millions CNY. 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	336.87	602.89	377.79	588.25	649.7	323.83
Cash & Short-Term Investments	336.87	602.89	377.79	588.25	649.7	323.83
Cash Growth	-32.95%	59.59%	-35.78%	-9.46%	100.63%	-31.09%
Accounts Receivable	116.67	3.65	4.62	3.49	1.22	0.63
Other Receivables	9.72	2.92	3.35	4.26	4.42	2.26
Receivables	126.39	6.58	7.97	7.74	5.64	2.89
Inventory	1,352	1,225	1,412	1,569	1,907	1,805
Prepaid Expenses	-	1.67	6.13	6.93	46.45	39.81
Other Current Assets	32.26	13.88	14.79	15.51	64.37	56.83
Total Current Assets	1,847	1,850	1,819	2,187	2,673	2,228
Property, Plant & Equipment	71.76	22.74	205.24	196.98	196.04	182.88
Other Intangible Assets	4.26	-	-	-	-	-
Long-Term Deferred Tax Assets	66.88	50.12	56.98	66.31	53.12	53.07
Long-Term Deferred Charges	1.15	1.49	1.55	2.53	4.22	6.05
Other Long-Term Assets	106.53	109.84	108.29	59.17	64.03	68.88
Total Assets	2,098	2,034	2,191	2,512	2,991	2,539

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	261.81	215.83	226.35	293.09	336	332.74
Accrued Expenses	31.52	37.08	21.95	27.34	47.15	44.1
Short-Term Debt	-	0.02	0.02	-	214	230
Current Portion of Long-Term Debt	7.32	-	-	-	228.35	-
Current Portion of Leases	-	3.39	4.07	0.42	5.04	4.6
Current Income Taxes Payable	12.63	21.86	6.75	20.78	31.71	40.99
Current Unearned Revenue	15.8	6.23	12.13	248.91	682.1	633.32
Other Current Liabilities	230.27	213.37	218.46	191.76	205.87	125.62
Total Current Liabilities	559.33	497.77	489.73	782.3	1,750	1,411
Long-Term Debt	-	-	-	-	-	128
Long-Term Leases	4.35	2.96	8.47	-	0.42	5.61
Long-Term Deferred Tax Liabilities	1.21	-	17.56	19.37	20.67	0.28
Other Long-Term Liabilities	7.55	7.54	-	-	-	-
Total Liabilities	576.58	508.26	515.76	801.66	1,771	1,545

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	242.05	242.05	242.05	242.05	242.05	201.71
Additional Paid-In Capital	-	9.97	9.97	9.97	9.97	9.97
Retained Earnings	1,136	1,221	1,372	1,407	914.65	716.39
Total Common Equity	1,378	1,473	1,624	1,659	1,167	928.07
Minority Interest	142.8	52.6	51.85	51.31	52.69	65.53
Shareholders' Equity	1,521	1,526	1,675	1,711	1,219	993.6
Total Liabilities & Equity	2,098	2,034	2,191	2,512	2,991	2,539

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	11.67	6.36	12.55	0.42	447.81	368.21
Net Cash (Debt)	325.2	596.52	365.24	587.84	201.89	-44.38
Net Cash Growth	-33.90%	63.33%	-37.87%	191.17%	-	-
Net Cash Per Share	1.36	2.46	1.51	2.43	0.83	-0.18
Filing Date Shares Outstanding	228.37	242.05	242.05	242.05	242.05	242.05
Total Common Shares Outstanding	228.37	242.05	242.05	242.05	242.05	242.05
Working Capital	1,288	1,352	1,329	1,405	923.02	816.61
Book Value Per Share	6.04	6.09	6.71	6.86	4.82	3.83
Tangible Book Value	1,374	1,473	1,624	1,659	1,167	928.07
Tangible Book Value Per Share	6.02	6.09	6.71	6.86	4.82	3.83
Buildings	-	44.35	44.35	44.35	44.35	44.35
Machinery	-	8.99	10.05	9.77	10.32	10.41
Construction In Progress	-	-	173.57	175.8	168.16	148.27

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 three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 3, 2026

Data Sources Report a data error