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	1,046	959.59	794.43	920.26	941.32
Other Revenue	10.08	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	803.87	721.98	585.28	700.73	717.81
Gross Profit	252.13	249.4	213.83	230.56	232.62
Selling, General & Admin	99.75	89.98	71.54	52.41	48.61
Research & Development	55.23	56.92	44.01	42.07	41.87
Other Operating Expenses	7.76	7.8	6.01	8.08	4.63
Operating Expenses	162.86	156.74	122.98	100.92	95.58
Operating Income	89.26	92.65	90.85	129.64	137.04
Interest Expense	-1.41	-1.07	-1.04	-0.07	-
Interest & Investment Income	16.15	20.06	10.76	2.42	1.52
Currency Exchange Gain (Loss)	-2.32	1.76	2.21	4.49	-0.67
Other Non Operating Income (Expenses)	-0.03	-0.06	-0.07	-0.22	-0.28
EBT Excluding Unusual Items	101.65	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	-1.35	-0.03	-0.07	-0.01	-0.03
Other Unusual Items	6.91	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	0.750	0.800	0.800	0.200	-
Dividend Growth	-6.25%	-	300.00%	-	-
Gross Margin	23.88%	25.67%	26.76%	24.76%	24.47%
Operating Margin	8.45%	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	142.59	135.9	131.45	160.97	164.26
EBITDA Margin	13.50%	13.99%	16.45%	17.29%	17.28%
D&A For EBITDA	53.32	43.25	40.59	31.33	27.22
EBIT	89.26	92.65	90.85	129.64	137.04
EBIT Margin	8.45%	9.54%	11.37%	13.92%	14.42%
Effective Tax Rate	7.22%	10.47%	10.38%	9.13%	11.26%
Revenue as Reported	1,056	971.38	799.11	931.29	950.43

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