SHE:002263 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	1,226	1,230	1,258	1,269	1,516	1,607
Other Revenue	-	-	66.09	64.04	67.87	66.74
Revenue	1,226	1,230	1,325	1,333	1,584	1,674
Revenue Growth (YoY)	-7.45%	-7.16%	-0.65%	-15.84%	-5.35%	10.91%
Cost of Revenue	1,081	1,088	1,211	1,244	1,418	1,315
Gross Profit	144.83	142.02	113.39	89.58	166.03	358.37
Selling, General & Admin	96.65	91.36	78.41	74.58	79.28	82.91
Research & Development	42.84	42.07	41.29	35.82	34.59	36.14
Other Operating Expenses	-7.2	-6.08	0.49	4.62	9.38	15.37
Operating Expenses	132.29	127.35	121.56	115.33	123.26	134.76
Operating Income	12.54	14.67	-8.17	-25.75	42.77	223.61
Interest Expense	-	-	-3.8	-6.47	-1.89	-0.44
Interest & Investment Income	-	-	28.28	39.47	40.24	27.14
Currency Exchange Gain (Loss)	-	-	-2.05	-0.8	-13.13	2.38
Other Non Operating Income (Expenses)	20.73	19.75	-0.9	-1.03	-1.76	-2.59
EBT Excluding Unusual Items	33.26	34.42	13.35	5.43	66.23	250.1
Gain (Loss) on Sale of Assets	-	-	-0.27	-1.34	-	0.03
Asset Writedown	-13.53	-13.53	-	-	-	-
Other Unusual Items	-	-	7.86	5.34	8.18	6.48
Pretax Income	19.74	20.9	20.94	9.42	74.41	256.6
Income Tax Expense	1.61	2.43	2.61	-11.26	6.69	13.34
Earnings From Continuing Operations	18.12	18.46	18.32	20.68	67.72	243.26
Net Income	18.12	18.46	18.32	20.68	67.72	243.26
Net Income to Common	18.12	18.46	18.32	20.68	67.72	243.26
Net Income Growth	-43.18%	0.76%	-11.40%	-69.46%	-72.16%	37.49%
Shares Outstanding (Basic)	1,850	1,846	1,832	2,068	1,693	1,871
Shares Outstanding (Diluted)	1,850	1,846	1,832	2,068	1,693	1,871
Shares Change (YoY)	1.43%	0.76%	-11.40%	22.16%	-9.52%	-4.82%
EPS (Basic)	0.01	0.01	0.01	0.01	0.04	0.13
EPS (Diluted)	0.01	0.01	0.01	0.01	0.04	0.13
EPS Growth	-43.99%	-	-	-75.00%	-69.23%	44.44%
Free Cash Flow	53.17	-7.63	91.3	-18.91	108.52	168.46
Free Cash Flow Per Share	0.03	-0.00	0.05	-0.01	0.06	0.09
Gross Margin	11.81%	11.55%	8.56%	6.72%	10.48%	21.41%
Operating Margin	1.02%	1.19%	-0.62%	-1.93%	2.70%	13.36%
Profit Margin	1.48%	1.50%	1.38%	1.55%	4.28%	14.54%
Free Cash Flow Margin	4.34%	-0.62%	6.89%	-1.42%	6.85%	10.06%
EBITDA	128.37	130.27	106.48	82.23	157.11	359.41
EBITDA Margin	10.47%	10.59%	8.04%	6.17%	9.92%	21.47%
D&A For EBITDA	115.83	115.6	114.66	107.98	114.34	135.8
EBIT	12.54	14.67	-8.17	-25.75	42.77	223.61
EBIT Margin	1.02%	1.19%	-0.62%	-1.93%	2.70%	13.36%
Effective Tax Rate	8.18%	11.65%	12.49%	-	8.99%	5.20%
Revenue as Reported	-	-	1,325	1,333	1,584	1,674

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