SHE:001299 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	725.69	643.63	552.05	530.47	461.75
Other Revenue	-	21.58	23.74	19.42	17.76
Revenue	725.69	665.21	575.79	549.9	479.51
Revenue Growth (YoY)	9.09%	15.53%	4.71%	14.68%	3.53%
Operations & Maintenance	-	0.25	0.18	0.15	0.08
Selling, General & Admin	-	49.31	42.82	38.57	34.22
Provision for Bad Debts	-	1.68	4.27	1.2	1.62
Other Operating Expenses	605.72	543.46	469.68	428.44	352.55
Total Operating Expenses	605.72	594.8	516.98	468.36	388.46
Operating Income	119.98	70.4	58.8	81.53	91.05
Interest Expense	-	-0.31	-0.13	-0.17	-0.18
Interest Income	-	24.81	25.02	17.73	24.53
Net Interest Expense	-	24.5	24.89	17.57	24.35
Other Non-Operating Income (Expenses)	0.06	-0.78	-1.1	10.25	-0.51
EBT Excluding Unusual Items	120.03	94.12	82.59	109.36	114.9
Gain (Loss) on Sale of Investments	-	6.91	7.21	2.82	3.11
Gain (Loss) on Sale of Assets	-	1.8	-	-	-0.02
Asset Writedown	-	-0.28	-0.12	-0	0
Other Unusual Items	-	0.77	7.1	-	-0.1
Pretax Income	120.03	103.32	96.78	112.18	117.89
Income Tax Expense	18.68	16.56	15.31	18.16	16.47
Earnings From Continuing Ops.	101.35	86.76	81.47	94.01	101.41
Minority Interest in Earnings	-	0.54	0.34	0.21	0.08
Net Income	101.35	87.3	81.81	94.22	101.5
Net Income to Common	101.35	87.3	81.81	94.22	101.5
Net Income Growth	16.10%	6.71%	-13.17%	-7.17%	5.61%
Shares Outstanding (Basic)	220	241	242	194	183
Shares Outstanding (Diluted)	220	241	242	194	183
Shares Change (YoY)	-8.76%	-0.08%	24.30%	6.09%	-0.25%
EPS (Basic)	0.46	0.36	0.34	0.48	0.55
EPS (Diluted)	0.46	0.36	0.34	0.48	0.55
EPS Growth	27.25%	6.79%	-30.15%	-12.50%	5.87%
Free Cash Flow	-	25.9	57.3	110.71	73.24
Free Cash Flow Per Share	-	0.11	0.24	0.57	0.40
Dividend Per Share	-	0.615	0.231	-	-
Dividend Growth	-	166.64%	-	-	-
Profit Margin	13.97%	13.12%	14.21%	17.14%	21.17%
Free Cash Flow Margin	-	3.89%	9.95%	20.13%	15.28%
EBITDA	143.3	93.73	82.12	105.1	113.54
EBITDA Margin	19.75%	14.09%	14.26%	19.11%	23.68%
D&A For EBITDA	23.33	23.33	23.32	23.57	22.49
EBIT	119.98	70.4	58.8	81.53	91.05
EBIT Margin	16.53%	10.58%	10.21%	14.83%	18.99%
Effective Tax Rate	15.56%	16.03%	15.82%	16.19%	13.98%
Revenue as Reported	-	665.21	575.79	549.9	479.51

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