Shanghai Re·fine Environment Sci-tech Ltd. (SHE:001396)

SHE:001396 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	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	518.28	594	91.73	63.66	84.77
Cash & Short-Term Investments	518.28	594	91.73	63.66	84.77
Cash Growth	714.19%	547.58%	44.09%	-24.91%	-
Accounts Receivable	1,300	1,309	1,170	920.19	719.51
Other Receivables	16.23	12.54	10.48	0.07	0.06
Receivables	1,316	1,322	1,181	920.99	720.53
Inventory	14.92	11.2	9.12	12.25	14.51
Prepaid Expenses	-	-	-	1.35	1.2
Other Current Assets	12.88	6.64	11.35	16.45	20.04
Total Current Assets	1,862	1,934	1,293	1,015	841.05
Property, Plant & Equipment	82.54	84.25	79.6	91.79	97.84
Other Intangible Assets	1.34	1.42	1.76	1.87	2.24
Long-Term Accounts Receivable	-	0.98	1.52	1.96	-
Long-Term Deferred Tax Assets	41.49	40.82	30.62	20.45	14.78
Long-Term Deferred Charges	1.91	1.81	1.89	3.11	2.57
Other Long-Term Assets	1.86	0.49	0.26	0.48	0.21
Total Assets	1,991	2,063	1,409	1,134	958.68

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Accounts Payable	128.64	196.03	193.45	163.4	149.78
Accrued Expenses	60.71	169.26	167.2	140.21	121.12
Short-Term Debt	111.45	118.52	159.85	109.09	68.91
Current Portion of Long-Term Debt	14.04	6.11	0.63	-	-
Current Portion of Leases	-	9.27	8.74	10.59	8.24
Current Income Taxes Payable	109.5	19.2	20.3	16.06	11.27
Current Unearned Revenue	0.73	0.47	2.08	1	3.2
Other Current Liabilities	2.29	0.6	0.79	0.37	3.33
Total Current Liabilities	427.36	519.46	553.05	440.73	365.82
Long-Term Debt	109.05	90.92	40.8	-	-
Long-Term Leases	14.12	14	15.03	22.52	21.34
Long-Term Unearned Revenue	-	-	-	1.25	-
Long-Term Deferred Tax Liabilities	7.15	7.04	5.81	5.98	6.26
Total Liabilities	557.7	631.42	614.69	470.47	393.42

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Common Stock	106.9	106.9	80.17	80.17	80.17
Additional Paid-In Capital	753.23	753.23	264.59	264.59	264.59
Retained Earnings	570.62	568.82	443.81	316.58	216.21
Total Common Equity	1,431	1,429	788.57	661.34	560.97
Minority Interest	2.96	3.07	5.53	2.55	4.29
Shareholders' Equity	1,434	1,432	794.1	663.89	565.26
Total Liabilities & Equity	1,991	2,063	1,409	1,134	958.68

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Total Debt	248.65	238.82	225.05	142.21	98.48
Net Cash (Debt)	269.63	355.18	-133.33	-78.55	-13.71
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	2.38	3.32	-1.66	-0.98	-0.17
Filing Date Shares Outstanding	106.9	106.9	80.17	80.3	80.52
Total Common Shares Outstanding	106.9	106.9	80.17	80.3	80.52
Working Capital	1,435	1,414	740.08	573.97	475.23
Book Value Per Share	13.38	13.37	9.84	8.24	6.97
Tangible Book Value	1,429	1,428	786.81	659.47	558.73
Tangible Book Value Per Share	13.37	13.35	9.81	8.21	6.94
Machinery	-	137.11	123.08	115.88	109.67

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

Aug 1, 2026

Data Sources Report a data error