SHE:001306 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	Dec '21 Dec 31, 2021
Operating Revenue	771.16	662.22	525.54	514.46	540.33
Other Revenue	-	3.29	2.25	3.13	2.79
Revenue	771.16	665.51	527.79	517.59	543.11
Revenue Growth (YoY)	15.88%	26.09%	1.97%	-4.70%	48.76%
Cost of Revenue	655.8	526.41	380.66	365.11	365.62
Gross Profit	115.36	139.1	147.13	152.48	177.49
Selling, General & Admin	57.35	42.5	38.68	33.24	35.78
Research & Development	49.16	41.53	32.85	28.96	25.6
Other Operating Expenses	-12.18	-7.33	3.06	4.15	3.27
Operating Expenses	94.33	78.57	79.89	69.68	67.7
Operating Income	21.03	60.54	67.24	82.8	109.79
Interest Expense	-	-7.76	-4.52	-10.33	-8.47
Interest & Investment Income	-	9.87	1.63	0.17	0.18
Currency Exchange Gain (Loss)	-	1.18	0.8	2.29	-0.71
Other Non Operating Income (Expenses)	-9.16	0.11	-0.13	-0.03	-0.14
EBT Excluding Unusual Items	11.87	63.95	65.02	74.9	100.64
Gain (Loss) on Sale of Investments	-0.48	-	-0.13	-0.02	-
Gain (Loss) on Sale of Assets	-1.23	-0.79	-0.05	0.02	0.07
Asset Writedown	-33.69	-	-	-0	-8.32
Other Unusual Items	-	3.16	13.87	16.37	7.61
Pretax Income	-23.53	66.32	78.7	91.26	100
Income Tax Expense	-6.8	4.24	6.96	3.29	11.83
Net Income	-16.74	62.08	71.74	87.96	88.18
Net Income to Common	-16.74	62.08	71.74	87.96	88.18
Net Income Growth	-	-13.47%	-18.44%	-0.24%	109.19%
Shares Outstanding (Basic)	62	62	48	47	46
Shares Outstanding (Diluted)	62	62	48	47	46
Shares Change (YoY)	-0.15%	29.79%	2.76%	0.29%	0.19%
EPS (Basic)	-0.27	1.00	1.50	1.89	1.90
EPS (Diluted)	-0.27	1.00	1.50	1.89	1.90
EPS Growth	-	-33.33%	-20.64%	-0.53%	108.79%
Free Cash Flow	-470.04	-280.81	-37.11	-38.54	-28.13
Free Cash Flow Per Share	-7.58	-4.52	-0.78	-0.83	-0.61
Dividend Per Share	-	0.163	0.645	-	-
Dividend Growth	-	-74.73%	-	-	-
Gross Margin	14.96%	20.90%	27.88%	29.46%	32.68%
Operating Margin	2.73%	9.10%	12.74%	16.00%	20.21%
Profit Margin	-2.17%	9.33%	13.59%	16.99%	16.23%
Free Cash Flow Margin	-60.95%	-42.20%	-7.03%	-7.45%	-5.18%
EBITDA	112.03	124.75	124.81	131.76	149.85
EBITDA Margin	14.53%	18.75%	23.65%	25.46%	27.59%
D&A For EBITDA	91	64.21	57.57	48.96	40.06
EBIT	21.03	60.54	67.24	82.8	109.79
EBIT Margin	2.73%	9.10%	12.74%	16.00%	20.21%
Effective Tax Rate	-	6.40%	8.84%	3.61%	11.83%
Revenue as Reported	-	665.51	527.79	517.59	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.