SHE:002259 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	978.29	998.2	730.74	776.21	1,828	1,510
Other Revenue	1.39	1.39	1.81	2.24	20.15	2.25
Revenue	979.68	999.6	732.55	778.44	1,848	1,512
Revenue Growth (YoY)	20.75%	36.45%	-5.90%	-57.88%	22.20%	57.78%
Cost of Revenue	907.68	901.49	601.65	670	1,707	1,348
Gross Profit	72	98.11	130.9	108.44	140.9	163.81
Selling, General & Admin	56.02	54.93	41.57	46.91	44.86	46.8
Other Operating Expenses	4.78	5.18	3.32	7.56	6.48	6.08
Operating Expenses	-18.16	61.35	45.04	41.55	52.2	39.41
Operating Income	90.16	36.76	85.86	66.89	88.69	124.4
Interest Expense	-10.82	-13.28	-16.37	-22.98	-41.21	-56.68
Interest & Investment Income	6.68	6.04	3.23	4.5	4.47	1.89
Currency Exchange Gain (Loss)	0	0	-0	0	0	-0
Other Non Operating Income (Expenses)	4	-1.69	7.57	-2.46	31.39	-0.07
EBT Excluding Unusual Items	90.02	27.84	80.28	45.95	83.35	69.54
Gain (Loss) on Sale of Investments	-	-	-	-	-	-1.54
Gain (Loss) on Sale of Assets	0.4	0.4	0.06	0.43	-	8.74
Asset Writedown	0	0	-0.01	-0.38	-3	0.11
Legal Settlements	112.78	112.78	-56.06	-34.51	-119.75	1.36
Other Unusual Items	-0.03	0.25	1.09	2.61	-6.49	-12.64
Pretax Income	203.18	141.28	25.36	14.09	-45.9	65.57
Income Tax Expense	7.95	11.7	14.83	16.6	19.48	15.46
Earnings From Continuing Operations	195.23	129.57	10.53	-2.52	-65.37	50.12
Net Income to Company	195.23	129.57	10.53	-2.52	-65.37	50.12
Minority Interest in Earnings	2.16	2.26	1.47	1.42	2.27	0.08
Net Income	197.39	131.84	12	-1.1	-63.11	50.2
Net Income to Common	197.39	131.84	12	-1.1	-63.11	50.2
Net Income Growth	924.58%	998.75%	-	-	-	-52.30%
Shares Outstanding (Basic)	752	752	755	733	752	753
Shares Outstanding (Diluted)	752	752	755	733	752	753
Shares Change (YoY)	-0.53%	-0.28%	2.89%	-2.49%	-0.06%	0.06%
EPS (Basic)	0.26	0.18	0.02	-0.00	-0.08	0.07
EPS (Diluted)	0.26	0.18	0.02	-0.00	-0.08	0.07
EPS Growth	930.04%	1001.89%	-	-	-	-52.32%
Free Cash Flow	21.82	65.76	108.15	108.52	115.61	76.09
Free Cash Flow Per Share	0.03	0.09	0.14	0.15	0.15	0.10
Gross Margin	7.35%	9.81%	17.87%	13.93%	7.63%	10.83%
Operating Margin	9.20%	3.68%	11.72%	8.59%	4.80%	8.23%
Profit Margin	20.15%	13.19%	1.64%	-0.14%	-3.42%	3.32%
Free Cash Flow Margin	2.23%	6.58%	14.76%	13.94%	6.26%	5.03%
EBITDA	146.15	92.89	142.55	122.28	142.24	177.52
EBITDA Margin	14.92%	9.29%	19.46%	15.71%	7.70%	11.74%
D&A For EBITDA	55.99	56.13	56.69	55.39	53.55	53.11
EBIT	90.16	36.76	85.86	66.89	88.69	124.4
EBIT Margin	9.20%	3.68%	11.72%	8.59%	4.80%	8.23%
Effective Tax Rate	3.91%	8.29%	58.48%	117.87%	-	23.57%
Revenue as Reported	979.68	999.6	732.55	778.44	1,848	1,512

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