SHE:002255 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	Jun '26 Jun 30, 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	2,306	2,287	2,761	2,766	2,343	2,465
Other Revenue	35.33	35.33	27.68	28.97	21.32	68.1
Revenue	2,341	2,322	2,789	2,795	2,365	2,533
Revenue Growth	-12.26%	-16.73%	-0.23%	18.20%	-6.63%	25.07%
Cost of Revenue	1,637	1,634	2,100	2,099	1,786	1,913
Gross Profit	704.33	688.51	688.99	696.07	578.66	620.19
Selling, General & Admin	129.9	139.43	144.34	134.03	120.83	118.47
Research & Development	99.87	91.6	117.39	116.44	95.56	94.18
Other Operating Expenses	24.86	13.25	9.61	7.04	14.3	17.16
Operating Expenses	282.09	271.75	269.25	301.46	241.04	273.38
Operating Income	422.23	416.76	419.74	394.61	337.63	346.81
Interest Expense	-2.66	-2.66	-2.89	-2.97	-3.47	-5.08
Interest & Investment Income	43.95	44.81	16.22	8.07	7.8	9.81
Currency Exchange Gain (Loss)	4.07	4.07	-1.04	-2.21	-0.37	-1.4
Other Non Operating Income (Expenses)	-22.9	-1.71	4.03	-5.15	-2.62	-13.72
EBT Excluding Unusual Items	444.7	461.27	436.08	392.35	338.97	336.43
Gain (Loss) on Sale of Investments	-8.91	0.65	-0.1	-0.34	-	-
Gain (Loss) on Sale of Assets	1.58	0.23	0	0.06	1.54	0.04
Asset Writedown	-0.66	-	-	-0.48	-1.34	0.23
Other Unusual Items	13.98	13.98	-2.12	7.59	23.8	10.42
Pretax Income	450.69	476.13	433.86	399.17	362.98	347.12
Income Tax Expense	61.28	57.14	54.59	50.64	13.46	3.36
Earnings From Continuing Operations	389.41	418.99	379.28	348.54	349.51	343.76
Minority Interest in Earnings	-2.93	-2.13	-2.03	-8.24	-12.84	-14.16
Net Income	386.48	416.86	377.25	340.3	336.68	329.6
Net Income to Common	386.48	416.86	377.25	340.3	336.68	329.6
Net Income Growth	-12.38%	10.50%	10.86%	1.07%	2.15%	-56.61%
Shares Outstanding (Basic)	830	830	840	842	842	843
Shares Outstanding (Diluted)	830	830	840	842	842	843
Shares Change	-0.49%	-1.17%	-0.25%	0.07%	-0.15%	0.11%
EPS (Basic)	0.47	0.50	0.45	0.40	0.40	0.39
EPS (Diluted)	0.47	0.50	0.45	0.40	0.40	0.39
EPS Growth	-11.95%	11.80%	11.14%	1.00%	2.30%	-56.65%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	351.42	404.45	635.41	288.66	449.8	122.32
Free Cash Flow Per Share	0.42	0.49	0.76	0.34	0.53	0.14
Dividend Per Share	0.105	0.105	-	-	-	-
Dividend Growth	-	-	-	-	-	-
Gross Margin	30.08%	29.65%	24.71%	24.90%	24.47%	24.49%
Operating Margin	18.03%	17.95%	15.05%	14.12%	14.28%	13.69%
Profit Margin	16.51%	17.95%	13.53%	12.17%	14.24%	13.01%
Free Cash Flow Margin	15.01%	17.42%	22.79%	10.33%	19.02%	4.83%
EBITDA	526.89	522.13	522.65	495.11	446.37	456.96
EBITDA Margin	22.50%	22.48%	18.74%	17.71%	18.88%	18.04%
D&A For EBITDA	104.66	105.37	102.91	100.5	108.74	110.15
EBIT	422.23	416.76	419.74	394.61	337.63	346.81
EBIT Margin	18.03%	17.95%	15.05%	14.12%	14.28%	13.69%
Effective Tax Rate	13.60%	12.00%	12.58%	12.68%	3.71%	0.97%
Revenue as Reported	2,322	2,322	2,789	2,795	2,365	2,533