SHE:002972 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Operating Revenue	379.16	318.89	244.07	365.92	400.84
Other Revenue	-	0.34	0.43	0.69	0
Revenue	379.16	319.23	244.5	366.61	400.85
Revenue Growth (YoY)	18.77%	30.56%	-33.31%	-8.54%	11.18%
Cost of Revenue	161.39	136.87	107.15	115.64	151.66
Gross Profit	217.78	182.36	137.35	250.97	249.19
Selling, General & Admin	65.84	62.15	58.54	52.46	47.06
Research & Development	37.45	39.19	36.75	42.68	39.79
Other Operating Expenses	-9.22	-10.43	-5.85	2.23	-5.08
Operating Expenses	94.07	102.46	84.18	124.4	97.21
Operating Income	123.71	79.89	53.17	126.57	151.98
Interest Expense	-	-0.09	-	-1.54	-
Interest & Investment Income	6.35	9.99	12.97	17.43	15.57
Currency Exchange Gain (Loss)	-	-3.9	-1.96	0.86	2.76
Other Non Operating Income (Expenses)	-24.89	-1.07	-0.77	-1.17	-1.1
EBT Excluding Unusual Items	105.17	84.83	63.41	142.15	169.22
Gain (Loss) on Sale of Investments	-	0.15	-	-0.44	-
Gain (Loss) on Sale of Assets	-0	-	-	0.06	0.47
Asset Writedown	-4.46	-0	0.01	-0.02	-0.26
Other Unusual Items	-	13.47	4.61	-4.24	3.64
Pretax Income	100.7	98.44	68.04	137.51	173.07
Income Tax Expense	13.48	10.52	5.73	15.21	21.58
Earnings From Continuing Operations	87.22	87.92	62.31	122.3	151.5
Minority Interest in Earnings	0.21	0.16	-0.15	0.05	-0.09
Net Income	87.43	88.09	62.16	122.35	151.41
Net Income to Common	87.43	88.09	62.16	122.35	151.41
Net Income Growth	-0.74%	41.70%	-49.19%	-19.20%	10.20%
Shares Outstanding (Basic)	246	247	244	244	245
Shares Outstanding (Diluted)	246	247	244	244	245
Shares Change (YoY)	-0.32%	1.13%	-0.16%	-0.40%	-0.48%
EPS (Basic)	0.36	0.36	0.25	0.50	0.62
EPS (Diluted)	0.36	0.36	0.25	0.50	0.62
EPS Growth	-0.42%	40.13%	-49.11%	-18.87%	10.73%
Free Cash Flow	178.05	162.38	-49.47	10.64	40
Free Cash Flow Per Share	0.72	0.66	-0.20	0.04	0.16
Dividend Per Share	-	0.300	0.300	0.429	0.357
Dividend Growth	-	-	-30.00%	20.02%	149.90%
Gross Margin	57.44%	57.12%	56.18%	68.46%	62.17%
Operating Margin	32.63%	25.03%	21.75%	34.52%	37.91%
Profit Margin	23.06%	27.59%	25.42%	33.37%	37.77%
Free Cash Flow Margin	46.96%	50.87%	-20.23%	2.90%	9.98%
EBITDA	135.06	89.8	63.22	134.06	156.58
EBITDA Margin	35.62%	28.13%	25.86%	36.57%	39.06%
D&A For EBITDA	11.35	9.91	10.04	7.5	4.6
EBIT	123.71	79.89	53.17	126.57	151.98
EBIT Margin	32.63%	25.03%	21.75%	34.52%	37.91%
Effective Tax Rate	13.38%	10.69%	8.42%	11.06%	12.47%
Revenue as Reported	-	319.23	244.5	366.61	400.85

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.