SHE:000993 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	578.58	583.06	1,484	714.31	525.08
Other Revenue	19.57	19.6	19.58	17.83	57.97
Revenue	598.15	602.66	1,504	732.14	583.05
Revenue Growth (YoY)	-0.75%	-59.92%	105.37%	25.57%	57.83%
Selling, General & Admin	154.7	153.27	148.76	136.19	139.7
Provision for Bad Debts	0.44	2.45	1.1	-0.91	2.27
Other Operating Expenses	330.62	302.55	1,032	423.35	321.41
Total Operating Expenses	485.76	458.27	1,182	558.63	463.38
Operating Income	112.39	144.39	321.6	173.51	119.66
Interest Expense	-18.44	-19.35	-16.59	-24.79	-43.58
Interest Income	24.26	25.04	18.06	68.4	44.53
Net Interest Expense	5.82	5.69	1.47	43.61	0.95
Other Non-Operating Income (Expenses)	1.98	-4.48	-8.26	3.69	3.68
EBT Excluding Unusual Items	120.19	145.6	314.8	220.8	124.3
Gain (Loss) on Sale of Investments	0.12	50.22	-	-	-
Gain (Loss) on Sale of Assets	-	0.14	-0.91	2.95	4.71
Asset Writedown	-44.03	-3.27	-4.13	-25.85	-10.2
Other Unusual Items	12.72	5.83	4.6	10.02	1.48
Pretax Income	89.01	198.52	314.36	207.92	120.3
Income Tax Expense	34.37	29.55	84.32	24.62	2.74
Earnings From Continuing Ops.	54.63	168.96	230.04	183.3	117.56
Minority Interest in Earnings	4.24	0.36	4.47	1.01	2.59
Net Income	58.88	169.32	234.51	184.32	120.14
Net Income to Common	58.88	169.32	234.51	184.32	120.14
Net Income Growth	-65.23%	-27.80%	27.23%	53.41%	-
Shares Outstanding (Basic)	453	458	460	461	462
Shares Outstanding (Diluted)	453	458	460	461	462
Shares Change (YoY)	-1.03%	-0.48%	-0.21%	-0.28%	3.07%
EPS (Basic)	0.13	0.37	0.51	0.40	0.26
EPS (Diluted)	0.13	0.37	0.51	0.40	0.26
EPS Growth	-64.86%	-27.45%	27.50%	53.85%	-
Free Cash Flow	157.43	151.51	14.2	320.23	613.76
Free Cash Flow Per Share	0.35	0.33	0.03	0.69	1.33
Dividend Per Share	0.180	-	0.200	-	-
Profit Margin	9.84%	28.10%	15.60%	25.17%	20.61%
Free Cash Flow Margin	26.32%	25.14%	0.95%	43.74%	105.27%
EBITDA	264.27	294.17	469.02	319.08	267.49
EBITDA Margin	44.18%	48.81%	31.19%	43.58%	45.88%
D&A For EBITDA	151.88	149.78	147.42	145.58	147.83
EBIT	112.39	144.39	321.6	173.51	119.66
EBIT Margin	18.79%	23.96%	21.39%	23.70%	20.52%
Effective Tax Rate	38.62%	14.89%	26.82%	11.84%	2.28%
Revenue as Reported	598.15	602.66	1,504	732.14	583.05

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