SHE:000779 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	2,018	2,048	1,967	2,377	2,262	2,571
Other Revenue	11.67	11.67	9.87	11.67	258.08	10.72
Revenue	2,030	2,059	1,977	2,389	2,520	2,582
Revenue Growth	1.45%	4.15%	-17.24%	-5.20%	-2.40%	4.09%
Cost of Revenue	1,341	1,322	1,185	1,603	1,867	1,763
Gross Profit	688.9	737.5	792.03	785.96	653.24	819.26
Selling, General & Admin	316.11	311.79	333.61	335.68	313.74	319.91
Research & Development	104.25	96.1	98.88	87.68	65.69	38.98
Other Operating Expenses	16.31	13.97	14.45	8.79	-3.27	13.17
Operating Expenses	616.01	601.2	576.48	540.47	468.16	463.05
Operating Income	72.89	136.3	215.54	245.5	185.08	356.21
Interest Expense	-1.47	-1.47	-2.92	-2.31	-2.77	-2.68
Interest & Investment Income	33.52	33.52	36.64	26.11	33.64	27.74
Earnings From Equity Investments	13.56	12.87	16.25	19.01	17.63	-
Currency Exchange Gain (Loss)	-0.01	-0.01	0	-0.01	0.07	-0.06
Other Non Operating Income (Expenses)	10.18	-7.23	-0.03	-7.47	-9.42	-11.43
EBT Excluding Unusual Items	128.66	173.97	265.48	280.82	224.23	369.77
Gain (Loss) on Sale of Assets	0.92	0.87	0.17	2.2	0.44	0.09
Asset Writedown	-1.17	-1.47	-0.11	-0.02	-0.62	-1.2
Other Unusual Items	5.91	5.91	-10.21	4.84	39.46	16.62
Pretax Income	134.32	179.28	255.33	287.84	263.51	385.29
Income Tax Expense	15.49	31.63	38.11	32.85	37.72	57.95
Earnings From Continuing Operations	118.82	147.65	217.22	255	225.79	327.34
Minority Interest in Earnings	1.36	1.32	-0.31	-0.57	0.6	-0.4
Net Income	120.19	148.97	216.92	254.43	226.39	326.94
Net Income to Common	120.19	148.97	216.92	254.43	226.39	326.94
Net Income Growth	-46.25%	-31.32%	-14.74%	12.39%	-30.75%	6.39%
Shares Outstanding (Basic)	465	465	465	384	377	374
Shares Outstanding (Diluted)	465	465	465	386	378	374
Shares Change	0.00%	0.01%	20.57%	2.02%	0.98%	-0.91%
EPS (Basic)	0.26	0.32	0.47	0.66	0.60	0.87
EPS (Diluted)	0.26	0.32	0.47	0.66	0.60	0.87
EPS Growth	-46.25%	-31.33%	-29.29%	10.17%	-31.43%	7.36%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Free Cash Flow	173.33	150.79	59.19	7.58	-4.28	-151.49
Free Cash Flow Per Share	0.37	0.32	0.13	0.02	-0.01	-0.41
Dividend Per Share	0.040	0.040	0.080	0.080	-	0.150
Dividend Growth	-50.00%	-50.00%	0%	-	-	-25.00%
Gross Margin	33.94%	35.81%	40.06%	32.90%	25.92%	31.73%
Operating Margin	3.59%	6.62%	10.90%	10.28%	7.34%	13.80%
Profit Margin	5.92%	7.23%	10.97%	10.65%	8.98%	12.66%
Free Cash Flow Margin	8.54%	7.32%	2.99%	0.32%	-0.17%	-5.87%
EBITDA	145.13	208.08	292.12	317.92	257.21	426.12
EBITDA Margin	7.15%	10.11%	14.77%	13.31%	10.21%	16.50%
D&A For EBITDA	72.24	71.78	76.57	72.42	72.13	69.92
EBIT	72.89	136.3	215.54	245.5	185.08	356.21
EBIT Margin	3.59%	6.62%	10.90%	10.28%	7.34%	13.80%
Effective Tax Rate	11.54%	17.64%	14.92%	11.41%	14.31%	15.04%
Revenue as Reported	2,059	2,059	1,977	2,389	2,520	2,582