SHE:001368 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	1,056	959.59	794.43	920.26	941.32
Other Revenue	-	11.78	4.68	11.03	9.11
Revenue	1,056	971.38	799.11	931.29	950.43
Revenue Growth (YoY)	8.71%	21.56%	-14.19%	-2.01%	37.23%
Cost of Revenue	797.43	721.98	585.28	700.73	717.81
Gross Profit	258.57	249.4	213.83	230.56	232.62
Selling, General & Admin	103.02	89.98	71.54	52.41	48.61
Research & Development	55.23	56.92	44.01	42.07	41.87
Other Operating Expenses	0.82	7.8	6.01	8.08	4.63
Operating Expenses	159.07	156.74	122.98	100.92	95.58
Operating Income	99.5	92.65	90.85	129.64	137.04
Interest Expense	-	-1.07	-1.04	-0.07	-
Interest & Investment Income	12.02	20.06	10.76	2.42	1.52
Currency Exchange Gain (Loss)	-	1.76	2.21	4.49	-0.67
Other Non Operating Income (Expenses)	-1.14	-0.06	-0.07	-0.22	-0.28
EBT Excluding Unusual Items	110.38	113.35	102.71	136.26	137.62
Gain (Loss) on Sale of Investments	-1.42	-1.67	4.53	-	-
Gain (Loss) on Sale of Assets	0.1	0.2	0.05	-	0
Asset Writedown	-3.17	-0.03	-0.07	-0.01	-0.03
Other Unusual Items	-	3.22	5.6	8.61	10.57
Pretax Income	105.89	115.06	112.82	144.86	148.16
Income Tax Expense	7.65	12.05	11.71	13.23	16.68
Earnings From Continuing Operations	98.24	103.02	101.11	131.63	131.48
Minority Interest in Earnings	-	-	-	-	-0.15
Net Income	98.24	103.02	101.11	131.63	131.34
Net Income to Common	98.24	103.02	101.11	131.63	131.34
Net Income Growth	-4.63%	1.88%	-23.18%	0.22%	45.55%
Shares Outstanding (Basic)	113	114	105	84	84
Shares Outstanding (Diluted)	114	114	105	84	84
Shares Change (YoY)	-0.20%	8.68%	25.63%	-0.42%	-0.17%
EPS (Basic)	0.87	0.90	0.96	1.57	1.56
EPS (Diluted)	0.86	0.90	0.96	1.57	1.56
EPS Growth	-4.44%	-6.25%	-38.85%	0.64%	45.79%
Free Cash Flow	21.54	36.76	34.65	45.38	52.14
Free Cash Flow Per Share	0.19	0.32	0.33	0.54	0.62
Dividend Per Share	-	0.800	0.800	0.200	-
Dividend Growth	-	-	300.00%	-	-
Gross Margin	24.49%	25.67%	26.76%	24.76%	24.47%
Operating Margin	9.42%	9.54%	11.37%	13.92%	14.42%
Profit Margin	9.30%	10.61%	12.65%	14.13%	13.82%
Free Cash Flow Margin	2.04%	3.78%	4.34%	4.87%	5.49%
EBITDA	153.52	135.41	131.45	160.97	164.26
EBITDA Margin	14.54%	13.94%	16.45%	17.29%	17.28%
D&A For EBITDA	54.02	42.76	40.59	31.33	27.22
EBIT	99.5	92.65	90.85	129.64	137.04
EBIT Margin	9.42%	9.54%	11.37%	13.92%	14.42%
Effective Tax Rate	7.22%	10.47%	10.38%	9.13%	11.26%
Revenue as Reported	-	971.38	799.11	931.29	950.43

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