SHE:001256 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	535.41	485.66	414.46	387.91	449.9
Other Revenue	-	3.58	2.09	1.2	1.58
Revenue	535.41	489.24	416.56	389.11	451.48
Revenue Growth (YoY)	9.44%	17.45%	7.05%	-13.81%	18.79%
Cost of Revenue	359.28	331.18	283.33	258.4	307.77
Gross Profit	176.13	158.06	133.23	130.71	143.71
Selling, General & Admin	61.56	57.54	47.54	38.6	41.57
Research & Development	32.67	34.63	33.46	20.7	17.7
Other Operating Expenses	-8.11	-7.35	-3.89	-2.61	-5.68
Operating Expenses	86.12	85.03	77.37	56.12	53.73
Operating Income	90.01	73.02	55.86	74.59	89.98
Interest Expense	-	-1.26	-0.34	-	-
Interest & Investment Income	69.04	24.5	23.65	8.02	7.75
Currency Exchange Gain (Loss)	-	0.66	0.4	-0.16	-0.37
Other Non Operating Income (Expenses)	-4.36	-0.31	-0.3	-0.22	0.5
EBT Excluding Unusual Items	154.69	96.62	79.27	82.23	97.86
Gain (Loss) on Sale of Investments	0.33	0.6	0.5	-	-
Gain (Loss) on Sale of Assets	-	-	-0.02	0.05	-0.24
Asset Writedown	-1.13	-	-0	-	-0.01
Other Unusual Items	-	4.8	15.14	9.53	14.4
Pretax Income	153.89	102.02	94.89	91.81	112
Income Tax Expense	20.87	11.84	11.62	10.85	15.81
Net Income	133.01	90.18	83.27	80.96	96.19
Net Income to Common	133.01	90.18	83.27	80.96	96.19
Net Income Growth	47.49%	8.30%	2.86%	-15.83%	-6.67%
Shares Outstanding (Basic)	142	141	144	109	107
Shares Outstanding (Diluted)	142	141	144	109	107
Shares Change (YoY)	0.42%	-1.85%	31.23%	2.36%	92.88%
EPS (Basic)	0.94	0.64	0.58	0.74	0.90
EPS (Diluted)	0.94	0.64	0.58	0.74	0.90
EPS Growth	46.88%	10.35%	-21.62%	-17.78%	-51.61%
Free Cash Flow	72.2	55.41	117.47	28.97	18.93
Free Cash Flow Per Share	0.51	0.39	0.82	0.27	0.18
Dividend Per Share	-	0.200	0.200	0.170	-
Dividend Growth	-	-	17.65%	-	-
Gross Margin	32.90%	32.31%	31.98%	33.59%	31.83%
Operating Margin	16.81%	14.93%	13.41%	19.17%	19.93%
Profit Margin	24.84%	18.43%	19.99%	20.81%	21.31%
Free Cash Flow Margin	13.48%	11.33%	28.20%	7.45%	4.19%
EBITDA	115.83	95.99	75.29	89.56	96.25
EBITDA Margin	21.63%	19.62%	18.07%	23.02%	21.32%
D&A For EBITDA	25.82	22.97	19.43	14.97	6.27
EBIT	90.01	73.02	55.86	74.59	89.98
EBIT Margin	16.81%	14.93%	13.41%	19.17%	19.93%
Effective Tax Rate	13.56%	11.60%	12.24%	11.82%	14.12%
Revenue as Reported	-	489.24	416.56	389.11	451.48

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