SHE:000993 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	527.1	578.58	583.06	1,484	714.31	525.08
Other Revenue	19.57	19.57	19.6	19.58	17.83	57.97
Revenue	546.67	598.15	602.66	1,504	732.14	583.05
Revenue Growth (YoY)	-15.59%	-0.75%	-59.92%	105.37%	25.57%	57.83%
Selling, General & Admin	153.05	154.7	153.27	148.76	136.19	139.7
Provision for Bad Debts	0.44	0.44	2.45	1.1	-0.91	2.27
Other Operating Expenses	313.58	330.62	302.55	1,032	423.35	321.41
Total Operating Expenses	467.07	485.76	458.27	1,182	558.63	463.38
Operating Income	79.6	112.39	144.39	321.6	173.51	119.66
Interest Expense	-18.44	-18.44	-19.35	-16.59	-24.79	-43.58
Interest Income	21.48	24.26	25.04	18.06	68.4	44.53
Net Interest Expense	3.04	5.82	5.69	1.47	43.61	0.95
Other Non-Operating Income (Expenses)	-9.22	1.98	-4.48	-8.26	3.69	3.68
EBT Excluding Unusual Items	73.42	120.19	145.6	314.8	220.8	124.3
Gain (Loss) on Sale of Investments	0.12	0.12	50.22	-	-	-
Gain (Loss) on Sale of Assets	-	-	0.14	-0.91	2.95	4.71
Asset Writedown	-44.03	-44.03	-3.27	-4.13	-25.85	-10.2
Other Unusual Items	12.72	12.72	5.83	4.6	10.02	1.48
Pretax Income	42.23	89.01	198.52	314.36	207.92	120.3
Income Tax Expense	27.97	34.37	29.55	84.32	24.62	2.74
Earnings From Continuing Ops.	14.26	54.63	168.96	230.04	183.3	117.56
Minority Interest in Earnings	6.2	4.24	0.36	4.47	1.01	2.59
Net Income	20.45	58.88	169.32	234.51	184.32	120.14
Net Income to Common	20.45	58.88	169.32	234.51	184.32	120.14
Net Income Growth	-89.85%	-65.23%	-27.80%	27.23%	53.41%	-
Shares Outstanding (Basic)	426	453	458	460	461	462
Shares Outstanding (Diluted)	426	453	458	460	461	462
Shares Change (YoY)	-13.71%	-1.03%	-0.48%	-0.21%	-0.28%	3.07%
EPS (Basic)	0.05	0.13	0.37	0.51	0.40	0.26
EPS (Diluted)	0.05	0.13	0.37	0.51	0.40	0.26
EPS Growth	-88.24%	-64.86%	-27.45%	27.50%	53.85%	-
Free Cash Flow	132.99	157.43	151.51	14.2	320.23	613.76
Free Cash Flow Per Share	0.31	0.35	0.33	0.03	0.69	1.33
Dividend Per Share	0.180	0.180	-	0.200	-	-
Profit Margin	3.74%	9.84%	28.10%	15.60%	25.17%	20.61%
Free Cash Flow Margin	24.33%	26.32%	25.14%	0.95%	43.74%	105.27%
EBITDA	232	264.27	294.17	469.02	319.08	267.49
EBITDA Margin	42.44%	44.18%	48.81%	31.19%	43.58%	45.88%
D&A For EBITDA	152.4	151.88	149.78	147.42	145.58	147.83
EBIT	79.6	112.39	144.39	321.6	173.51	119.66
EBIT Margin	14.56%	18.79%	23.96%	21.39%	23.70%	20.52%
Effective Tax Rate	66.24%	38.62%	14.89%	26.82%	11.84%	2.28%
Revenue as Reported	598.15	598.15	602.66	1,504	732.14	583.05

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