SHE:000856 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	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Operating Revenue	2,686	2,774	2,493	2,919	3,197	3,441
Other Revenue	4.94	4.94	2.23	2.17	2.41	9.5
Revenue	2,691	2,779	2,495	2,921	3,200	3,450
Revenue Growth (YoY)	6.94%	11.37%	-14.58%	-8.71%	-7.26%	15.88%
Cost of Revenue	2,493	2,571	2,296	2,695	2,986	3,254
Gross Profit	197.66	208.3	198.72	226.08	213.53	196.42
Selling, General & Admin	122.94	122.33	134.18	125.67	117.15	118.79
Research & Development	53.58	49.95	49.17	43.52	38.59	27.6
Other Operating Expenses	7.87	10.34	6.15	16.02	9.08	13.35
Operating Expenses	187.43	185.65	181.79	186.1	176.96	166.37
Operating Income	10.23	22.65	16.93	39.98	36.57	30.05
Interest Expense	-4.95	-4.95	-6.77	-7.12	-8.82	-16.23
Interest & Investment Income	8.74	8.79	11.35	2.6	3.29	4.04
Currency Exchange Gain (Loss)	-0	-0	0.07	0.16	0.45	-1.44
Other Non Operating Income (Expenses)	-5.71	-1.35	-0.95	4.06	1.23	2.9
EBT Excluding Unusual Items	8.31	25.14	20.63	39.68	32.72	19.33
Gain (Loss) on Sale of Assets	0.05	0.06	0.06	0.05	0.09	0.76
Asset Writedown	-0.06	-0.06	0.01	-0.1	0.16	-
Other Unusual Items	12.99	12.99	15.33	13.35	11.35	20.25
Pretax Income	21.29	38.13	36.03	52.98	44.33	40.34
Income Tax Expense	5.99	9.29	14.33	16.02	24.81	23
Earnings From Continuing Operations	15.3	28.84	21.7	36.96	19.51	17.34
Minority Interest in Earnings	-3.07	-2.73	0.16	-6.29	-5.78	3.59
Net Income	12.23	26.12	21.86	30.67	13.73	20.93
Net Income to Common	12.23	26.12	21.86	30.67	13.73	20.93
Net Income Growth	-31.53%	19.47%	-28.72%	123.38%	-34.40%	25.34%
Shares Outstanding (Basic)	224	227	227	227	227	227
Shares Outstanding (Diluted)	224	227	227	227	227	227
Shares Change (YoY)	-2.82%	0.04%	-0.00%	0.03%	-0.03%	0.06%
EPS (Basic)	0.05	0.12	0.10	0.14	0.06	0.09
EPS (Diluted)	0.05	0.12	0.10	0.14	0.06	0.09
EPS Growth	-29.54%	19.42%	-28.72%	123.31%	-34.38%	25.27%
Free Cash Flow	23.81	-44.17	-41.47	76.92	140.88	-23.2
Free Cash Flow Per Share	0.11	-0.19	-0.18	0.34	0.62	-0.10
Dividend Per Share	0.040	0.040	-	-	-	-
Gross Margin	7.34%	7.50%	7.96%	7.74%	6.67%	5.69%
Operating Margin	0.38%	0.81%	0.68%	1.37%	1.14%	0.87%
Profit Margin	0.45%	0.94%	0.88%	1.05%	0.43%	0.61%
Free Cash Flow Margin	0.89%	-1.59%	-1.66%	2.63%	4.40%	-0.67%
EBITDA	27.41	39.84	34.17	57.16	52.68	55.13
EBITDA Margin	1.02%	1.43%	1.37%	1.96%	1.65%	1.60%
D&A For EBITDA	17.18	17.19	17.24	17.18	16.12	25.07
EBIT	10.23	22.65	16.93	39.98	36.57	30.05
EBIT Margin	0.38%	0.81%	0.68%	1.37%	1.14%	0.87%
Effective Tax Rate	28.12%	24.35%	39.77%	30.24%	55.98%	57.02%
Revenue as Reported	2,779	2,779	2,495	2,921	3,200	3,450

Source: S&P Global Market Intelligence. Standard template. Financial Sources.