Shein Group (SHEIN) balance sheet
HKSE · Consumer Cyclical · Specialty Retail · 18,389 employees · CEO Yangtian Xu
- Price
- HK$36.00 -1.04%
- Market cap
- HK$101B
- Enterprise value
- $11B
- Last report
- Q2 '26 filed 2026-09-28
- Next report
- 2026-12-02
At the end of Q2 '26 Shein Group (SHEIN) held $14.6B in cash and short-term investments against $1.15B of debt incl. leases. Total assets $21.6B, total liabilities $26.1B, shareholders' equity -$4.51B.
Balance sheet
| Balance sheet | Trend | Q1 '26 | Q2 '26 |
|---|---|---|---|
| Assets | |||
| Cash & equivalents | $4.31B | $3.04B | |
| Short-term investments | $9.93B | $11.5B | |
| Receivables | $1.58B | $1.82B | |
| Inventory | $1.38B | $1.54B | |
| Other current assets | $943M | $1.07B | |
| Current assets | $18.1B | $19B | |
| Property, plant & equipment (net) | $1.76B | $1.79B | |
| Long-term investments | $409M | $411M | |
| Goodwill | $0 | $57M | |
| Intangible assets | $38M | $78M | |
| Deferred tax assets | $103M | $125M | |
| Other non-current assets | $157M | $147M | |
| Non-current assets | $2.46B | $2.61B | |
| Total assets | $20.6B | $21.6B | |
| Liabilities | |||
| Accounts payable | $3.23B | $4.1B | |
| Taxes payable | $972M | $709M | |
| Deferred revenue | $1.02B | $1.19B | |
| Other current liabilities | $21.2B | $19.7B | |
| Current liabilities | $26.7B | $25.2B | |
| Lease obligations (non-current) | $891M | $895M | |
| Deferred tax liabilities | $5M | $15M | |
| Other non-current liabilities | $21M | $31M | |
| Non-current liabilities | $917M | $941M | |
| Total liabilities | $27.6B | $26.1B | |
| Equity | |||
| Retained earnings | -$7.86B | -$5.46B | |
| Accumulated other comprehensive income | $77M | $104M | |
| Shareholders' equity | -$6.96B | -$4.51B | |
| Debt | |||
| Total debt (incl. leases) | $1.13B | $1.15B | |
| Net debt (debt - cash) | -$3.19B | -$1.9B | |
| Balance sheet | Trend | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Assets | ||||
| Cash & equivalents | $3.49B | $2.91B | $4.48B | |
| Short-term investments | $6.27B | $8.09B | $9.72B | |
| Receivables | $1.1B | $1.78B | $1.25B | |
| Inventory | $1.64B | $1.5B | $1.26B | |
| Other current assets | $525M | $612M | $876M | |
| Current assets | $13B | $14.9B | $17.6B | |
| Property, plant & equipment (net) | $893M | $1.51B | $1.72B | |
| Long-term investments | $552M | $631M | $424M | |
| Intangible assets | $40M | $39M | $38M | |
| Deferred tax assets | $81M | $94M | $102M | |
| Other non-current assets | $235M | $161M | $152M | |
| Non-current assets | $1.8B | $2.44B | $2.44B | |
| Total assets | $14.8B | $17.3B | $20B | |
| Liabilities | ||||
| Accounts payable | $2.75B | $2.94B | $3.02B | |
| Taxes payable | $707M | $771M | $933M | |
| Deferred revenue | $694M | $770M | $789M | |
| Other current liabilities | $1.84B | $2.62B | $21.1B | |
| Current liabilities | $6.11B | $7.29B | $26.1B | |
| Lease obligations (non-current) | $407M | $744M | $868M | |
| Deferred tax liabilities | $1M | $7M | $5M | |
| Other non-current liabilities | $20.8B | $18.4B | $0 | |
| Non-current liabilities | $21.2B | $19.1B | $873M | |
| Total liabilities | $27.3B | $26.4B | $26.9B | |
| Equity | ||||
| Retained earnings | -$13.2B | -$9.81B | -$7.76B | |
| Accumulated other comprehensive income | $36M | $14M | $65M | |
| Shareholders' equity | -$12.5B | -$9.1B | -$6.9B | |
| Debt | ||||
| Total debt (incl. leases) | $529M | $935M | $1.1B | |
| Net debt (debt - cash) | -$2.97B | -$1.97B | -$3.38B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-01 · Amounts in USD as reported; price and market cap in HKD.