SHE:001296 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	922.64	937.73	880.79	851.94	791.7	764.39
Other Revenue	224.91	224.91	165.32	155.66	154.8	168.81
Revenue	1,148	1,163	1,046	1,008	946.5	933.19
Revenue Growth (YoY)	5.83%	11.14%	3.82%	6.46%	1.43%	-1.31%
Cost of Revenue	870.89	878	792	758.5	766.64	722.66
Gross Profit	276.66	284.65	254.1	249.1	179.86	210.53
Selling, General & Admin	114.17	107.67	90.85	85.23	88.06	85.07
Research & Development	13.94	12.98	13.23	16.76	14.07	16.44
Other Operating Expenses	15.07	14.62	11.36	8.25	12.01	10.41
Operating Expenses	146.83	134.89	119.07	115.03	121.53	108.9
Operating Income	129.84	149.76	135.03	134.07	58.33	101.64
Interest Expense	-4.52	-4.52	-3.92	-2.3	-1.63	-1.51
Interest & Investment Income	7.86	6.92	8.61	9.96	6.47	1.83
Currency Exchange Gain (Loss)	-0.09	-0.09	0.03	0.07	0.16	-0.16
Other Non Operating Income (Expenses)	-0.58	-0.52	-0.45	1.53	-0.49	-0.56
EBT Excluding Unusual Items	132.5	151.54	139.32	143.33	62.84	101.24
Gain (Loss) on Sale of Investments	0.64	0.67	1.59	0.99	3.93	-
Gain (Loss) on Sale of Assets	-4.93	-6.13	0.32	7.51	0.57	0.07
Asset Writedown	0.38	-0.07	-0.14	-	-0.54	-0.03
Other Unusual Items	4.03	3.99	3.43	5.73	10.89	9.59
Pretax Income	132.62	150.01	144.53	157.55	77.69	110.88
Income Tax Expense	21.53	25.47	21.68	22.18	4.09	15.35
Earnings From Continuing Operations	111.09	124.54	122.84	135.37	73.6	95.52
Minority Interest in Earnings	1.49	-0.6	-1.61	0.44	-1.67	0.91
Net Income	112.58	123.95	121.24	135.81	71.92	96.43
Net Income to Common	112.58	123.95	121.24	135.81	71.92	96.43
Net Income Growth	-10.88%	2.24%	-10.73%	88.83%	-25.42%	-19.36%
Shares Outstanding (Basic)	146	146	149	149	150	112
Shares Outstanding (Diluted)	147	146	149	149	150	112
Shares Change (YoY)	-0.60%	-1.66%	-0.31%	-0.69%	33.93%	0.02%
EPS (Basic)	0.77	0.85	0.81	0.91	0.48	0.86
EPS (Diluted)	0.77	0.85	0.81	0.91	0.48	0.86
EPS Growth	-10.35%	3.96%	-10.45%	90.14%	-44.31%	-19.37%
Free Cash Flow	9.26	51.61	66.86	-92.03	-68.5	132.27
Free Cash Flow Per Share	0.06	0.35	0.45	-0.62	-0.46	1.18
Dividend Per Share	0.400	0.400	0.400	0.286	0.071	0.286
Dividend Growth	-	-	40.01%	300.14%	-75.01%	-
Gross Margin	24.11%	24.48%	24.29%	24.72%	19.00%	22.56%
Operating Margin	11.31%	12.88%	12.91%	13.31%	6.16%	10.89%
Profit Margin	9.81%	10.66%	11.59%	13.48%	7.60%	10.33%
Free Cash Flow Margin	0.81%	4.44%	6.39%	-9.13%	-7.24%	14.17%
EBITDA	197.44	214.9	190.34	185.98	101.99	140.02
EBITDA Margin	17.21%	18.48%	18.20%	18.46%	10.78%	15.00%
D&A For EBITDA	67.61	65.15	55.31	51.91	43.66	38.38
EBIT	129.84	149.76	135.03	134.07	58.33	101.64
EBIT Margin	11.31%	12.88%	12.91%	13.31%	6.16%	10.89%
Effective Tax Rate	16.23%	16.98%	15.00%	14.08%	5.27%	13.85%
Revenue as Reported	1,148	1,163	1,046	1,008	946.5	933.19

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