SHE:002210 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	267.65	255.82	234.83	353.48	352.36	264.24
Other Revenue	9.94	9.94	4.3	2.16	1.6	1.49
Revenue	277.59	265.76	239.14	355.63	353.96	265.73
Revenue Growth (YoY)	19.86%	11.13%	-32.76%	0.47%	33.20%	7.99%
Selling, General & Admin	39.41	39.18	37.65	32.94	35.73	42
Provision for Bad Debts	-3.75	-3.75	1.46	4.06	4.51	2.93
Other Operating Expenses	183.19	178.44	156.35	273.35	292.1	193.46
Total Operating Expenses	216.79	213.88	195.46	312.39	334.36	244.32
Operating Income	60.8	51.88	43.67	43.24	19.59	21.41
Interest Expense	-18.17	-18.17	-32.09	-29.02	-27.54	-24.61
Interest Income	0.42	0.81	0.64	2	40.75	3.44
Net Interest Expense	-17.76	-17.36	-31.46	-27.02	13.21	-21.17
Currency Exchange Gain (Loss)	0.64	0.64	0.44	0.5	0.43	0.21
Other Non-Operating Income (Expenses)	5.53	-0.42	9.01	-0.12	-0.2	0.58
EBT Excluding Unusual Items	49.21	34.73	21.66	16.6	33.04	1.03
Gain (Loss) on Sale of Assets	0.14	0.14	0.04	0.23	0.51	-0.05
Asset Writedown	-0	-0	-0.01	-	-0.08	-0
Legal Settlements	-0.06	-0.06	-0.02	-0	-0.01	-0
Other Unusual Items	3.79	3.79	24.08	4.58	1.4	5.78
Pretax Income	53.09	38.61	45.75	21.41	34.86	6.76
Income Tax Expense	25.51	23.6	17.43	5.02	-53.49	1.84
Earnings From Continuing Ops.	27.58	15.01	28.32	16.39	88.35	4.92
Minority Interest in Earnings	0.21	0.41	0.19	-	-	-
Net Income	27.79	15.42	28.5	16.39	88.35	4.92
Net Income to Common	27.79	15.42	28.5	16.39	88.35	4.92
Net Income Growth	29.47%	-45.92%	73.96%	-81.45%	1697.45%	-99.94%
Shares Outstanding (Basic)	2,677	2,658	2,664	2,643	2,661	2,731
Shares Outstanding (Diluted)	2,677	2,658	2,664	2,643	2,661	2,731
Shares Change (YoY)	0.99%	-0.23%	0.80%	-0.69%	-2.55%	29.92%
EPS (Basic)	0.01	0.01	0.01	0.01	0.03	0.00
EPS (Diluted)	0.01	0.01	0.01	0.01	0.03	0.00
EPS Growth	28.20%	-45.79%	72.58%	-81.33%	1744.44%	-99.95%
Free Cash Flow	11.09	-5.73	-1.64	-26.3	-118.09	-107.09
Free Cash Flow Per Share	0.00	-0.00	-0.00	-0.01	-0.04	-0.04
Profit Margin	10.01%	5.80%	11.92%	4.61%	24.96%	1.85%
Free Cash Flow Margin	4.00%	-2.16%	-0.68%	-7.40%	-33.36%	-40.30%
EBITDA	94.77	86.1	78.89	73.1	40.02	41.86
EBITDA Margin	34.14%	32.40%	32.99%	20.55%	11.31%	15.75%
D&A For EBITDA	33.97	34.22	35.22	29.86	20.43	20.45
EBIT	60.8	51.88	43.67	43.24	19.59	21.41
EBIT Margin	21.90%	19.52%	18.26%	12.16%	5.54%	8.06%
Effective Tax Rate	48.05%	61.13%	38.10%	23.46%	-	27.28%
Revenue as Reported	265.76	265.76	239.14	355.63	353.96	265.73

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