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	Sep '26 Sep 30, 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	603.71	529.41	485.66	414.46	387.91	449.9
Other Revenue	2.98	6	3.58	2.09	1.2	1.58
Revenue	606.68	535.41	489.24	416.56	389.11	451.48
Revenue Growth	17.42%	9.44%	17.45%	7.05%	-13.81%	18.79%
Cost of Revenue	407.33	360.4	331.18	283.33	258.4	307.77
Gross Profit	199.35	175.01	158.06	133.23	130.71	143.71
Selling, General & Admin	58.64	61.56	57.54	47.54	38.6	41.57
Research & Development	33.79	32.67	34.63	33.46	20.7	17.7
Other Operating Expenses	-5.44	-7.09	-7.35	-3.89	-2.61	-5.68
Operating Expenses	86.57	87.28	85.03	77.37	56.12	53.73
Operating Income	112.78	87.73	73.02	55.86	74.59	89.98
Interest Expense	-0.69	-3.77	-1.26	-0.34	-	-
Interest & Investment Income	66.58	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)	-4.02	-0.72	-0.31	-0.3	-0.22	0.5
EBT Excluding Unusual Items	175.25	155.58	96.62	79.27	82.23	97.86
Gain (Loss) on Sale of Investments	107.51	0.33	0.6	0.5	-	-
Gain (Loss) on Sale of Assets	-0.11	-	-	-0.02	0.05	-0.24
Asset Writedown	-0.04	-	-	-0	-	-0.01
Other Unusual Items	-1.55	-2.02	4.8	15.14	9.53	14.4
Pretax Income	281.06	153.89	102.02	94.89	91.81	112
Income Tax Expense	38.31	20.87	11.84	11.62	10.85	15.81
Net Income	242.74	133.01	90.18	83.27	80.96	96.19
Net Income to Common	242.74	133.01	90.18	83.27	80.96	96.19
Net Income Growth	166.30%	47.49%	8.30%	2.86%	-15.83%	-6.67%
Shares Outstanding (Basic)	141	142	141	144	109	107
Shares Outstanding (Diluted)	141	142	141	144	109	107
Shares Change	0.35%	0.42%	-1.85%	31.23%	2.36%	92.88%
EPS (Basic)	1.72	0.94	0.64	0.58	0.74	0.90
EPS (Diluted)	1.72	0.94	0.64	0.58	0.74	0.90
EPS Growth	165.37%	46.88%	10.35%	-21.62%	-17.78%	-51.61%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	49.59	72.2	55.41	117.47	28.97	18.93
Free Cash Flow Per Share	0.35	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%	0%	17.65%	-	-
Gross Margin	32.86%	32.69%	32.31%	31.98%	33.59%	31.83%
Operating Margin	18.59%	16.39%	14.93%	13.41%	19.17%	19.93%
Profit Margin	40.01%	24.84%	18.43%	19.99%	20.81%	21.31%
Free Cash Flow Margin	8.17%	13.48%	11.33%	28.20%	7.45%	4.19%
EBITDA	139.89	113.16	96.22	75.29	89.56	96.25
EBITDA Margin	23.06%	21.14%	19.67%	18.07%	23.02%	21.32%
D&A For EBITDA	27.11	25.43	23.2	19.43	14.97	6.27
EBIT	112.78	87.73	73.02	55.86	74.59	89.98
EBIT Margin	18.59%	16.39%	14.93%	13.41%	19.17%	19.93%
Effective Tax Rate	13.63%	13.56%	11.60%	12.24%	11.82%	14.12%
Revenue as Reported	125.85	535.41	489.24	416.56	389.11	451.48