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	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	Jan '22 Jan 1, 2022
Operating Revenue	417.81	392.53	455.03	372.71	516.34	748.76
Other Revenue	1.48	0.85	0.48	0.07	0.15	0.5
Revenue	419.28	393.38	455.51	372.79	516.49	749.26
Revenue Growth	-5.21%	-13.64%	22.19%	-27.82%	-31.07%	37.55%
Cost of Revenue	316	295.81	323.96	254.04	361.93	584.99
Gross Profit	103.29	97.57	131.55	118.75	154.56	164.27
Selling, General & Admin	32.22	36.86	43.34	43.07	39.53	38.75
Research & Development	19.07	17.39	26.75	27.15	28.49	27.39
Other Operating Expenses	2.07	1.93	1.18	1.75	4.2	4.31
Operating Expenses	54.29	55.93	71.69	72.57	69.7	70.49
Operating Income	49	41.64	59.86	46.18	84.86	93.78
Interest Expense	-0	-0.01	-0.01	-0.01	-0.01	-0
Interest & Investment Income	3.51	3.8	5.04	5.67	4.56	4.4
Currency Exchange Gain (Loss)	-1.92	0.51	1.48	1.08	4.1	-0.83
Other Non Operating Income (Expenses)	-0.25	-0.34	-0.33	-0.24	-0.26	-0.26
EBT Excluding Unusual Items	50.33	45.61	66.04	52.68	93.25	97.09
Gain (Loss) on Sale of Investments	1.73	1.84	2.42	3.13	1.97	0.74
Gain (Loss) on Sale of Assets	3.09	-0.06	0.15	2.81	0.17	0.15
Asset Writedown	-0.52	-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	55.66	47.31	68.71	60.76	96.59	99.03
Income Tax Expense	7.11	6.11	9.47	9.88	12.03	13.21
Earnings From Continuing Operations	48.55	41.2	59.24	50.88	84.56	85.82
Minority Interest in Earnings	-	-	-	-	-	0.12
Net Income	48.55	41.2	59.24	50.88	84.56	85.93
Net Income to Common	48.55	41.2	59.24	50.88	84.56	85.93
Net Income Growth	-9.28%	-30.45%	16.43%	-39.83%	-1.60%	-6.50%
Shares Outstanding (Basic)	180	179	180	182	180	180
Shares Outstanding (Diluted)	180	179	180	182	180	180
Shares Change	0.92%	-0.21%	-1.21%	1.00%	-0.15%	0.93%
EPS (Basic)	0.27	0.23	0.33	0.28	0.47	0.48
EPS (Diluted)	0.27	0.23	0.33	0.28	0.47	0.48
EPS Growth	-10.11%	-30.30%	17.86%	-40.43%	-1.45%	-7.36%

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	Jan '22 Jan 1, 2022
Free Cash Flow	54.54	77.4	16.05	76.88	171.87	58.82
Free Cash Flow Per Share	0.30	0.43	0.09	0.42	0.95	0.33
Dividend Per Share	0.160	0.100	0.220	0.250	0.462	0.237
Dividend Growth	-27.27%	-54.55%	-12.00%	-45.83%	94.97%	-50.00%
Gross Margin	24.63%	24.80%	28.88%	31.86%	29.93%	21.92%
Operating Margin	11.69%	10.59%	13.14%	12.39%	16.43%	12.52%
Profit Margin	11.58%	10.47%	13.00%	13.65%	16.37%	11.47%
Free Cash Flow Margin	13.01%	19.68%	3.52%	20.62%	33.27%	7.85%
EBITDA	67.02	61.42	79.21	67.41	109.46	121.01
EBITDA Margin	15.98%	15.61%	17.39%	18.08%	21.19%	16.15%
D&A For EBITDA	18.02	19.78	19.35	21.23	24.6	27.23
EBIT	49	41.64	59.86	46.18	84.86	93.78
EBIT Margin	11.69%	10.59%	13.14%	12.39%	16.43%	12.52%
Effective Tax Rate	12.77%	12.91%	13.78%	16.26%	12.46%	13.34%
Revenue as Reported	419.28	393.38	455.51	372.79	516.49	749.26