Shein Group (SHEIN) cash flow statement
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
In Q2 '26 Shein Group (SHEIN) generated $813M of operating cash flow, invested $80M in capital expenditure and kept $733M of free cash flow. Over the last four quarters free cash flow was –.
Cash flow
| Cash flow | Trend | Q1 '25 | Q2 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|
| Operating | |||||
| Net income | $395M | $691M | -$99M | $2.4B | |
| Depreciation & amortization | $98M | $100M | $112M | $114M | |
| Stock-based compensation | $22M | $17M | $26M | $19M | |
| Change in working capital | $527M | $1.08B | $53M | $813M | |
| Other non-cash items | $16M | -$73M | $300M | -$2.53B | |
| Operating cash flow | $1.06B | $1.82B | $392M | $813M | |
| Investing | |||||
| Capital expenditure | -$32M | -$71M | -$60M | -$80M | |
| Acquisitions | $0 | $0 | $0 | -$78M | |
| Purchases of investments | -$3.17B | -$2.11B | -$3.55B | -$4.56B | |
| Sales / maturities of investments | $2.77B | $1.12B | $3.33B | $2.97B | |
| Other investing | $125M | -$219M | $164M | $86M | |
| Investing cash flow | -$310M | -$1.28B | -$122M | -$1.66B | |
| Financing | |||||
| Other financing (incl. tax on vested shares) | -$66M | -$68M | -$60M | -$70M | |
| Financing cash flow | -$66M | -$68M | -$429M | -$426M | |
| Summary | |||||
| FX effect on cash | -$6M | $74M | -$9M | $3M | |
| Net change in cash | $676M | $548M | -$168M | -$1.27B | |
| Free cash flow (OCF - capex) | $1.03B | $1.75B | $332M | $733M | |
| Income taxes paid | $39M | $92M | $35M | $362M | |
| Interest paid | $14M | $14M | $14M | $15M | |
| Cash flow | Trend | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Operating | ||||
| Net income | $2.79B | $3.37B | $2.06B | |
| Depreciation & amortization | $177M | $324M | $398M | |
| Stock-based compensation | $49M | $71M | $85M | |
| Change in working capital | $423M | $266M | $859M | |
| Other non-cash items | -$1.68B | -$2.62B | -$568M | |
| Operating cash flow | $1.76B | $1.41B | $2.84B | |
| Investing | ||||
| Capital expenditure | -$345M | -$285M | -$223M | |
| Purchases of investments | -$5.76B | -$13.6B | -$12.1B | |
| Sales / maturities of investments | $1.85B | $11.6B | $10.7B | |
| Other investing | $84M | $511M | $522M | |
| Investing cash flow | -$4.17B | -$1.82B | -$1.07B | |
| Financing | ||||
| Dividends | -$6M | $0 | $0 | |
| Other financing (incl. tax on vested shares) | -$132M | -$206M | -$284M | |
| Financing cash flow | $1.6B | -$206M | -$284M | |
| Summary | ||||
| FX effect on cash | $36M | $32M | $88M | |
| Net change in cash | -$776M | -$589M | $1.58B | |
| Free cash flow (OCF - capex) | $1.41B | $1.12B | $2.62B | |
| Income taxes paid | $365M | $369M | $303M | |
| Interest paid | $25M | $44M | $56M | |
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.
Operating cash flow, capex, free cash flow
quarterlyUses of cash vs operating cash flow
fiscal yearsShare count and EPS
quarterly, dilutedThe 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.