SHE:001367 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	Dec '21 Dec 31, 2021
Operating Revenue	520.39	531.67	470.54	396.28	421.14	386.79
Other Revenue	0.59	0.59	0.97	1.17	1.64	2.19
Revenue	520.97	532.26	471.51	397.45	422.78	388.98
Revenue Growth (YoY)	9.87%	12.88%	18.63%	-5.99%	8.69%	36.58%
Cost of Revenue	280.68	291.24	281.91	237.4	266.52	236.12
Gross Profit	240.29	241.02	189.6	160.05	156.26	152.87
Selling, General & Admin	52.8	52.24	40.65	35.72	32.25	32.94
Research & Development	38.82	38.86	27.78	18.84	15.77	12.07
Other Operating Expenses	5.24	4.58	4.36	4.16	2.13	3.11
Operating Expenses	99.58	98.41	72.88	59.15	51.24	47.85
Operating Income	140.71	142.61	116.72	100.9	105.02	105.02
Interest Expense	-0.35	-0.35	-0.37	-0.03	-0.07	-0.1
Interest & Investment Income	11.76	10.7	18.41	15.62	3.55	2.25
Currency Exchange Gain (Loss)	-0.05	-0.05	3.32	0.87	8.37	-2.17
Other Non Operating Income (Expenses)	-2.43	-0.28	-0.24	-0.19	0.05	-0.4
EBT Excluding Unusual Items	149.64	152.62	137.85	117.17	116.93	104.59
Gain (Loss) on Sale of Investments	1.7	1.7	-	-	-3.85	0.74
Gain (Loss) on Sale of Assets	-	-	-	-0.24	-	-
Asset Writedown	-0.45	-0.4	-1.23	-0.96	-1.21	-0.67
Other Unusual Items	2.84	2.84	5.11	4.71	11.91	3.86
Pretax Income	153.72	156.76	141.79	120.68	123.78	108.52
Income Tax Expense	20.15	20.88	19.23	16.01	16.19	14.52
Net Income	133.58	135.88	122.56	104.67	107.59	94
Net Income to Common	133.58	135.88	122.56	104.67	107.59	94
Net Income Growth	10.96%	10.87%	17.09%	-2.72%	14.46%	49.62%
Shares Outstanding (Basic)	150	149	149	137	112	112
Shares Outstanding (Diluted)	152	153	149	137	112	112
Shares Change (YoY)	0.43%	2.15%	9.03%	22.74%	-0.02%	-
EPS (Basic)	0.89	0.91	0.82	0.76	0.96	0.84
EPS (Diluted)	0.88	0.89	0.82	0.76	0.96	0.84
EPS Growth	10.48%	8.54%	7.40%	-20.74%	14.68%	49.60%
Free Cash Flow	48.9	25.19	102.41	23.17	54.76	73.72
Free Cash Flow Per Share	0.32	0.17	0.69	0.17	0.49	0.66
Dividend Per Share	0.116	0.116	0.170	0.228	-	-
Dividend Growth	-31.77%	-31.77%	-25.50%	-	-	-
Gross Margin	46.12%	45.28%	40.21%	40.27%	36.96%	39.30%
Operating Margin	27.01%	26.79%	24.75%	25.39%	24.84%	27.00%
Profit Margin	25.64%	25.53%	25.99%	26.33%	25.45%	24.16%
Free Cash Flow Margin	9.38%	4.73%	21.72%	5.83%	12.95%	18.95%
EBITDA	163.97	164.28	132.04	113.52	118.59	117.37
EBITDA Margin	31.47%	30.87%	28.00%	28.56%	28.05%	30.17%
D&A For EBITDA	23.27	21.68	15.32	12.62	13.56	12.35
EBIT	140.71	142.61	116.72	100.9	105.02	105.02
EBIT Margin	27.01%	26.79%	24.75%	25.39%	24.84%	27.00%
Effective Tax Rate	13.11%	13.32%	13.56%	13.26%	13.08%	13.38%
Revenue as Reported	532.26	532.26	471.51	397.45	422.78	388.98

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