SHE:001256 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	551.3	529.41	485.66	414.46	387.91	449.9
Other Revenue	6	6	3.58	2.09	1.2	1.58
Revenue	557.3	535.41	489.24	416.56	389.11	451.48
Revenue Growth (YoY)	10.22%	9.44%	17.45%	7.05%	-13.81%	18.79%
Cost of Revenue	369.54	360.4	331.18	283.33	258.4	307.77
Gross Profit	187.77	175.01	158.06	133.23	130.71	143.71
Selling, General & Admin	60.48	61.56	57.54	47.54	38.6	41.57
Research & Development	35.39	32.67	34.63	33.46	20.7	17.7
Other Operating Expenses	-6.1	-7.09	-7.35	-3.89	-2.61	-5.68
Operating Expenses	89.83	87.28	85.03	77.37	56.12	53.73
Operating Income	97.93	87.73	73.02	55.86	74.59	89.98
Interest Expense	-3.4	-3.77	-1.26	-0.34	-	-
Interest & Investment Income	71.77	71.75	24.5	23.65	8.02	7.75
Currency Exchange Gain (Loss)	0.59	0.59	0.66	0.4	-0.16	-0.37
Other Non Operating Income (Expenses)	-1.43	-0.72	-0.31	-0.3	-0.22	0.5
EBT Excluding Unusual Items	165.47	155.58	96.62	79.27	82.23	97.86
Gain (Loss) on Sale of Investments	3.16	0.33	0.6	0.5	-	-
Gain (Loss) on Sale of Assets	-	-	-	-0.02	0.05	-0.24
Asset Writedown	0.02	-	-	-0	-	-0.01
Other Unusual Items	-2.02	-2.02	4.8	15.14	9.53	14.4
Pretax Income	166.62	153.89	102.02	94.89	91.81	112
Income Tax Expense	22.16	20.87	11.84	11.62	10.85	15.81
Net Income	144.46	133.01	90.18	83.27	80.96	96.19
Net Income to Common	144.46	133.01	90.18	83.27	80.96	96.19
Net Income Growth	54.43%	47.49%	8.30%	2.86%	-15.83%	-6.67%
Shares Outstanding (Basic)	140	142	141	144	109	107
Shares Outstanding (Diluted)	140	142	141	144	109	107
Shares Change (YoY)	-1.15%	0.42%	-1.85%	31.23%	2.36%	92.88%
EPS (Basic)	1.03	0.94	0.64	0.58	0.74	0.90
EPS (Diluted)	1.03	0.94	0.64	0.58	0.74	0.90
EPS Growth	56.23%	46.88%	10.35%	-21.62%	-17.78%	-51.61%
Free Cash Flow	66.12	72.2	55.41	117.47	28.97	18.93
Free Cash Flow Per Share	0.47	0.51	0.39	0.82	0.27	0.18
Dividend Per Share	0.300	0.300	0.200	0.200	0.170	-
Dividend Growth	50.00%	50.00%	-	17.65%	-	-
Gross Margin	33.69%	32.69%	32.31%	31.98%	33.59%	31.83%
Operating Margin	17.57%	16.39%	14.93%	13.41%	19.17%	19.93%
Profit Margin	25.92%	24.84%	18.43%	19.99%	20.81%	21.31%
Free Cash Flow Margin	11.87%	13.48%	11.33%	28.20%	7.45%	4.19%
EBITDA	123.92	113.16	96.22	75.29	89.56	96.25
EBITDA Margin	22.24%	21.14%	19.67%	18.07%	23.02%	21.32%
D&A For EBITDA	25.99	25.43	23.2	19.43	14.97	6.27
EBIT	97.93	87.73	73.02	55.86	74.59	89.98
EBIT Margin	17.57%	16.39%	14.93%	13.41%	19.17%	19.93%
Effective Tax Rate	13.30%	13.56%	11.60%	12.24%	11.82%	14.12%
Revenue as Reported	557.3	535.41	489.24	416.56	389.11	451.48

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