SHE:002247 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	Jan '22 Jan 1, 2022
Operating Revenue	793.67	828.78	935.41	924.51	1,155
Other Revenue	-	10.82	11.27	10.35	8.87
Revenue	793.67	839.6	946.69	934.86	1,164
Revenue Growth (YoY)	-5.47%	-11.31%	1.26%	-19.69%	16.72%
Cost of Revenue	619.25	671.21	738.49	751.71	932.43
Gross Profit	174.43	168.39	208.2	183.15	231.68
Selling, General & Admin	103.73	114.1	100.14	102.84	117.54
Research & Development	32.87	35.56	38.74	38.02	43.5
Other Operating Expenses	-15.05	-10.98	-11.76	-9.86	-22.02
Operating Expenses	121.55	139.88	128.96	134.08	139.21
Operating Income	52.88	28.51	79.24	49.07	92.48
Interest Expense	-	-0.25	-0.16	-0.8	-0.75
Interest & Investment Income	1.85	5.34	7.36	6.32	4.27
Currency Exchange Gain (Loss)	-	0.97	1.33	1.52	-1.12
Other Non Operating Income (Expenses)	3	-4.08	-7.64	-4.08	-4.5
EBT Excluding Unusual Items	57.73	30.5	80.13	52.03	90.38
Gain (Loss) on Sale of Assets	-0.07	-0.08	0.26	-0.02	0.8
Asset Writedown	-2.03	0.18	-0.01	-3.68	-0.27
Other Unusual Items	-	188.54	-412.43	5.25	2.51
Pretax Income	55.63	219.15	-332.06	53.58	93.42
Income Tax Expense	8.81	2.62	3.64	0.71	12.75
Earnings From Continuing Operations	46.81	216.53	-335.7	52.87	80.66
Net Income to Company	46.81	216.53	-335.7	52.87	80.66
Minority Interest in Earnings	1.47	1.48	0.05	-	-
Net Income	48.28	218	-335.65	52.87	80.66
Net Income to Common	48.28	218	-335.65	52.87	80.66
Net Income Growth	-77.85%	-	-	-34.45%	-51.34%
Shares Outstanding (Basic)	805	851	861	881	896
Shares Outstanding (Diluted)	805	851	861	881	896
Shares Change (YoY)	-5.43%	-1.14%	-2.34%	-1.68%	2.72%
EPS (Basic)	0.06	0.26	-0.39	0.06	0.09
EPS (Diluted)	0.06	0.26	-0.39	0.06	0.09
EPS Growth	-76.58%	-	-	-33.33%	-52.63%
Free Cash Flow	74.65	47.68	75.2	63.85	71.62
Free Cash Flow Per Share	0.09	0.06	0.09	0.07	0.08
Gross Margin	21.98%	20.06%	21.99%	19.59%	19.90%
Operating Margin	6.66%	3.40%	8.37%	5.25%	7.94%
Profit Margin	6.08%	25.96%	-35.45%	5.66%	6.93%
Free Cash Flow Margin	9.41%	5.68%	7.94%	6.83%	6.15%
EBITDA	86.63	63.73	114.62	86.61	131.72
EBITDA Margin	10.91%	7.59%	12.11%	9.26%	11.31%
D&A For EBITDA	33.75	35.22	35.38	37.55	39.25
EBIT	52.88	28.51	79.24	49.07	92.48
EBIT Margin	6.66%	3.40%	8.37%	5.25%	7.94%
Effective Tax Rate	15.85%	1.20%	-	1.32%	13.65%
Revenue as Reported	-	839.6	946.69	934.86	1,164
Advertising Expenses	-	1.59	2.06	1.59	1.54

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