SHE:001319 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	1,297	1,243	905.13	835.38	806.04	801.83
Other Revenue	-	-	60.49	48.03	43.51	53.8
Revenue	1,297	1,243	965.61	883.42	849.54	855.63
Revenue Growth (YoY)	27.66%	28.71%	9.30%	3.99%	-0.71%	16.89%
Cost of Revenue	956.52	911.36	704.3	656.31	644.97	620.2
Gross Profit	340.43	331.51	261.31	227.11	204.58	235.44
Selling, General & Admin	97.7	94.87	87.14	79.05	87.22	75.11
Research & Development	53.78	52.34	48.71	38.69	35.41	37.26
Other Operating Expenses	5.31	5.07	6.96	6.83	7.25	7.21
Operating Expenses	156.79	152.27	148.03	129.47	130.71	120.25
Operating Income	183.64	179.23	113.28	97.64	73.87	115.19
Interest Expense	-	-	-0.97	-0.44	-2.11	-4.15
Interest & Investment Income	3.14	2.92	6.17	9.52	4.61	2.55
Currency Exchange Gain (Loss)	-	-	-0.14	4.78	2.41	-6.15
Other Non Operating Income (Expenses)	-9.49	-6.12	-0.97	-1.74	-0.93	-0.65
EBT Excluding Unusual Items	177.29	176.03	117.37	109.76	77.85	106.78
Gain (Loss) on Sale of Investments	0.72	1.19	4.13	3.99	1.54	-
Gain (Loss) on Sale of Assets	0.34	0.34	-0.02	0.19	0.33	0.26
Asset Writedown	-17.97	-16.27	-0.82	-0.46	-0.03	-1.19
Other Unusual Items	-	-	4.6	1.74	6.13	3.34
Pretax Income	160.38	161.29	125.26	115.22	85.83	109.19
Income Tax Expense	18.95	18.84	12.2	12.36	8.69	13.26
Earnings From Continuing Operations	141.43	142.45	113.07	102.85	77.14	95.93
Minority Interest in Earnings	-2.05	-1.61	-0.81	-1.41	-1.44	-1.51
Net Income	139.38	140.84	112.25	101.45	75.7	94.42
Net Income to Common	139.38	140.84	112.25	101.45	75.7	94.42
Net Income Growth	15.94%	25.46%	10.65%	34.02%	-19.83%	-8.72%
Shares Outstanding (Basic)	141	141	141	141	127	106
Shares Outstanding (Diluted)	141	141	141	141	127	106
Shares Change (YoY)	0.01%	0.01%	0.00%	11.62%	19.44%	4.57%
EPS (Basic)	0.99	1.00	0.79	0.72	0.60	0.89
EPS (Diluted)	0.99	1.00	0.79	0.72	0.60	0.89
EPS Growth	15.92%	25.46%	10.65%	20.06%	-32.88%	-12.72%
Free Cash Flow	113.81	128.99	-76.59	73.72	23.53	29.35
Free Cash Flow Per Share	0.81	0.91	-0.54	0.52	0.19	0.28
Dividend Per Share	-	-	0.390	0.380	0.250	0.350
Dividend Growth	-	-	2.63%	52.00%	-28.57%	-12.50%
Gross Margin	26.25%	26.67%	27.06%	25.71%	24.08%	27.52%
Operating Margin	14.16%	14.42%	11.73%	11.05%	8.70%	13.46%
Profit Margin	10.75%	11.33%	11.63%	11.48%	8.91%	11.04%
Free Cash Flow Margin	8.77%	10.38%	-7.93%	8.34%	2.77%	3.43%
EBITDA	232.24	226.79	156.68	136.69	111.24	149.65
EBITDA Margin	17.91%	18.25%	16.23%	15.47%	13.09%	17.49%
D&A For EBITDA	48.6	47.56	43.4	39.05	37.38	34.47
EBIT	183.64	179.23	113.28	97.64	73.87	115.19
EBIT Margin	14.16%	14.42%	11.73%	11.05%	8.70%	13.46%
Effective Tax Rate	11.82%	11.68%	9.74%	10.73%	10.12%	12.14%
Revenue as Reported	-	-	965.61	883.42	849.54	855.63
Advertising Expenses	-	-	-	-	-	0.15

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