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	Jun '26 Jun 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	1,069	937.73	880.79	851.94	791.7	764.39
Other Revenue	120.71	224.91	165.32	155.66	154.8	168.81
Revenue	1,189	1,163	1,046	1,008	946.5	933.19
Revenue Growth	8.68%	11.14%	3.82%	6.46%	1.43%	-1.31%
Cost of Revenue	917.88	878	792	758.5	766.64	722.66
Gross Profit	271.62	284.65	254.1	249.1	179.86	210.53
Selling, General & Admin	121.35	107.67	90.85	85.23	88.06	85.07
Research & Development	14.49	12.98	13.23	16.76	14.07	16.44
Other Operating Expenses	13.02	14.62	11.36	8.25	12.01	10.41
Operating Expenses	152.81	134.89	119.07	115.03	121.53	108.9
Operating Income	118.81	149.76	135.03	134.07	58.33	101.64
Interest Expense	-3.56	-4.52	-3.92	-2.3	-1.63	-1.51
Interest & Investment Income	7.53	6.92	8.61	9.96	6.47	1.83
Currency Exchange Gain (Loss)	-0.08	-0.09	0.03	0.07	0.16	-0.16
Other Non Operating Income (Expenses)	-3.02	-0.52	-0.45	1.53	-0.49	-0.56
EBT Excluding Unusual Items	119.68	151.54	139.32	143.33	62.84	101.24
Gain (Loss) on Sale of Investments	0.56	0.67	1.59	0.99	3.93	-
Gain (Loss) on Sale of Assets	-4.75	-6.13	0.32	7.51	0.57	0.07
Asset Writedown	-0.9	-0.07	-0.14	-	-0.54	-0.03
Other Unusual Items	1.86	3.99	3.43	5.73	10.89	9.59
Pretax Income	116.45	150.01	144.53	157.55	77.69	110.88
Income Tax Expense	13.76	25.47	21.68	22.18	4.09	15.35
Earnings From Continuing Operations	102.69	124.54	122.84	135.37	73.6	95.52
Minority Interest in Earnings	2.64	-0.6	-1.61	0.44	-1.67	0.91
Net Income	105.33	123.95	121.24	135.81	71.92	96.43
Net Income to Common	105.33	123.95	121.24	135.81	71.92	96.43
Net Income Growth	-15.57%	2.24%	-10.73%	88.83%	-25.42%	-19.36%
Shares Outstanding (Basic)	147	146	149	149	150	112
Shares Outstanding (Diluted)	148	146	149	149	150	112
Shares Change	0.70%	-1.66%	-0.31%	-0.69%	33.93%	0.02%
EPS (Basic)	0.72	0.85	0.81	0.91	0.48	0.86
EPS (Diluted)	0.71	0.85	0.81	0.91	0.48	0.86
EPS Growth	-16.16%	3.96%	-10.45%	90.14%	-44.31%	-19.37%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	52.63	51.61	66.86	-92.03	-68.5	132.27
Free Cash Flow Per Share	0.36	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	0%	0%	40.01%	300.14%	-75.01%	-
Gross Margin	22.84%	24.48%	24.29%	24.72%	19.00%	22.56%
Operating Margin	9.99%	12.88%	12.91%	13.31%	6.16%	10.89%
Profit Margin	8.86%	10.66%	11.59%	13.48%	7.60%	10.33%
Free Cash Flow Margin	4.42%	4.44%	6.39%	-9.13%	-7.24%	14.17%
EBITDA	183.76	214.9	190.34	185.98	101.99	140.02
EBITDA Margin	15.45%	18.48%	18.20%	18.46%	10.78%	15.00%
D&A For EBITDA	64.95	65.15	55.31	51.91	43.66	38.38
EBIT	118.81	149.76	135.03	134.07	58.33	101.64
EBIT Margin	9.99%	12.88%	12.91%	13.31%	6.16%	10.89%
Effective Tax Rate	11.82%	16.98%	15.00%	14.08%	5.27%	13.85%
Revenue as Reported	649.92	1,163	1,046	1,008	946.5	933.19