SHE:002802 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	392.3	392.53	455.03	372.71	516.34	748.76
Other Revenue	0.85	0.85	0.48	0.07	0.15	0.5
Revenue	393.15	393.38	455.51	372.79	516.49	749.26
Revenue Growth (YoY)	-18.07%	-13.64%	22.19%	-27.82%	-31.07%	37.55%
Cost of Revenue	298.9	295.81	323.96	254.04	361.93	584.99
Gross Profit	94.25	97.57	131.55	118.75	154.56	164.27
Selling, General & Admin	33.53	36.86	43.34	43.07	39.53	38.75
Research & Development	18.11	17.39	26.75	27.15	28.49	27.39
Other Operating Expenses	1.82	1.93	1.18	1.75	4.2	4.31
Operating Expenses	53.15	55.93	71.69	72.57	69.7	70.49
Operating Income	41.09	41.64	59.86	46.18	84.86	93.78
Interest Expense	-0.01	-0.01	-0.01	-0.01	-0.01	-0
Interest & Investment Income	3.72	3.8	5.04	5.67	4.56	4.4
Currency Exchange Gain (Loss)	0.51	0.51	1.48	1.08	4.1	-0.83
Other Non Operating Income (Expenses)	-1.27	-0.34	-0.33	-0.24	-0.26	-0.26
EBT Excluding Unusual Items	44.05	45.61	66.04	52.68	93.25	97.09
Gain (Loss) on Sale of Investments	1.67	1.84	2.42	3.13	1.97	0.74
Gain (Loss) on Sale of Assets	2.96	-0.06	0.15	2.81	0.17	0.15
Asset Writedown	-0.81	-0.81	-0.09	-0.06	-0.02	-0.19
Other Unusual Items	1.02	0.73	0.18	2.21	1.22	1.24
Pretax Income	48.88	47.31	68.71	60.76	96.59	99.03
Income Tax Expense	6.28	6.11	9.47	9.88	12.03	13.21
Earnings From Continuing Operations	42.6	41.2	59.24	50.88	84.56	85.82
Minority Interest in Earnings	-	-	-	-	-	0.12
Net Income	42.6	41.2	59.24	50.88	84.56	85.93
Net Income to Common	42.6	41.2	59.24	50.88	84.56	85.93
Net Income Growth	-36.26%	-30.45%	16.43%	-39.83%	-1.60%	-6.50%
Shares Outstanding (Basic)	177	179	180	182	180	180
Shares Outstanding (Diluted)	177	179	180	182	180	180
Shares Change (YoY)	-1.25%	-0.21%	-1.21%	1.00%	-0.15%	0.93%
EPS (Basic)	0.24	0.23	0.33	0.28	0.47	0.48
EPS (Diluted)	0.24	0.23	0.33	0.28	0.47	0.48
EPS Growth	-35.45%	-30.30%	17.86%	-40.43%	-1.45%	-7.36%
Free Cash Flow	78.49	77.4	16.05	76.88	171.87	58.82
Free Cash Flow Per Share	0.44	0.43	0.09	0.42	0.95	0.33
Dividend Per Share	0.100	0.100	0.220	0.250	0.462	0.237
Dividend Growth	-54.55%	-54.55%	-12.00%	-45.83%	94.97%	-50.00%
Gross Margin	23.97%	24.80%	28.88%	31.86%	29.93%	21.92%
Operating Margin	10.45%	10.59%	13.14%	12.39%	16.43%	12.52%
Profit Margin	10.84%	10.47%	13.00%	13.65%	16.37%	11.47%
Free Cash Flow Margin	19.96%	19.68%	3.52%	20.62%	33.27%	7.85%
EBITDA	60.98	61.42	79.21	67.41	109.46	121.01
EBITDA Margin	15.51%	15.61%	17.39%	18.08%	21.19%	16.15%
D&A For EBITDA	19.89	19.78	19.35	21.23	24.6	27.23
EBIT	41.09	41.64	59.86	46.18	84.86	93.78
EBIT Margin	10.45%	10.59%	13.14%	12.39%	16.43%	12.52%
Effective Tax Rate	12.85%	12.91%	13.78%	16.26%	12.46%	13.34%
Revenue as Reported	393.15	393.38	455.51	372.79	516.49	749.26

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