SHE:002998 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	2,725	2,718	2,343	2,440	2,249	1,617
Other Revenue	-	-	-	-	5.23	3.17
Revenue	2,725	2,718	2,343	2,440	2,254	1,620
Revenue Growth (YoY)	11.92%	15.98%	-3.96%	8.24%	39.11%	18.83%
Cost of Revenue	2,481	2,505	2,133	2,182	2,078	1,419
Gross Profit	243.81	213	210.84	258.27	176.32	201.65
Selling, General & Admin	69.07	66.94	52.01	45.54	39.16	39.96
Research & Development	102	104.69	92.5	92.36	77.31	60.07
Other Operating Expenses	-51.27	-50.02	-40.1	-52.1	-24.85	-12.47
Operating Expenses	119.8	121.61	105.49	85.25	95.39	87.94
Operating Income	124.01	91.39	105.35	173.02	80.93	113.72
Interest Expense	-	-	-14.65	-15.64	-8.47	-3.18
Interest & Investment Income	1.3	-	6.98	4.37	2.19	2.39
Currency Exchange Gain (Loss)	-	-	4.9	0.44	1.46	-0.34
Other Non Operating Income (Expenses)	-53.63	-37.46	-0.7	-0.46	-0.58	2.18
EBT Excluding Unusual Items	71.68	53.93	101.87	161.73	75.54	114.77
Gain (Loss) on Sale of Investments	-0.78	-0.78	-	-0.56	-1.47	-2.09
Gain (Loss) on Sale of Assets	-	-	0.08	-	-	0.12
Asset Writedown	-4.3	-5.48	-0.05	-7.05	-	-
Other Unusual Items	-	-	-8.66	-5.15	5.26	4.41
Pretax Income	66.6	47.67	93.25	148.97	79.32	117.21
Income Tax Expense	-1.97	-4.39	9.48	11.93	1.71	16.39
Net Income	68.57	52.06	83.77	137.04	77.61	100.82
Net Income to Common	68.57	52.06	83.77	137.04	77.61	100.82
Net Income Growth	7.51%	-37.86%	-38.87%	76.58%	-23.02%	-25.42%
Shares Outstanding (Basic)	337	325	322	326	323	325
Shares Outstanding (Diluted)	337	325	335	361	323	325
Shares Change (YoY)	-27.38%	-2.91%	-7.08%	11.52%	-0.57%	22.70%
EPS (Basic)	0.20	0.16	0.26	0.42	0.24	0.31
EPS (Diluted)	0.20	0.16	0.25	0.38	0.24	0.31
EPS Growth	48.03%	-36.00%	-34.21%	58.33%	-22.58%	-39.22%
Free Cash Flow	329.87	210.44	-170.34	99.3	-47.76	-161.85
Free Cash Flow Per Share	0.98	0.65	-0.51	0.28	-0.15	-0.50
Dividend Per Share	-	-	0.550	0.200	-	0.100
Dividend Growth	-	-	175.00%	-	-	-
Gross Margin	8.95%	7.84%	9.00%	10.59%	7.82%	12.45%
Operating Margin	4.55%	3.36%	4.50%	7.09%	3.59%	7.02%
Profit Margin	2.52%	1.92%	3.57%	5.62%	3.44%	6.22%
Free Cash Flow Margin	12.11%	7.74%	-7.27%	4.07%	-2.12%	-9.99%
EBITDA	277	237.36	223.21	283.35	188.64	194.52
EBITDA Margin	10.17%	8.73%	9.53%	11.61%	8.37%	12.01%
D&A For EBITDA	153	145.97	117.85	110.32	107.71	80.81
EBIT	124.01	91.39	105.35	173.02	80.93	113.72
EBIT Margin	4.55%	3.36%	4.50%	7.09%	3.59%	7.02%
Effective Tax Rate	-	-	10.16%	8.01%	2.16%	13.98%
Revenue as Reported	-	-	2,355	2,446	2,254	1,620

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.