SHE:003008 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	232.73	220.1	189.62	154.93	142.79
Other Revenue	-	1.24	1.21	1.05	1.11
Revenue	232.73	221.34	190.83	155.98	143.9
Revenue Growth (YoY)	5.15%	15.99%	22.34%	8.40%	-13.05%
Cost of Revenue	75.31	74.41	65.51	47.87	46.03
Gross Profit	157.42	146.93	125.32	108.11	97.87
Selling, General & Admin	45.89	44.43	45.19	31.79	27.86
Research & Development	12.96	11.2	11.78	10.6	10.02
Other Operating Expenses	4.35	5.04	4.74	2.55	2.44
Operating Expenses	63.2	60.76	62.48	45.09	40.37
Operating Income	94.22	86.17	62.83	63.02	57.49
Interest Expense	-	-0.03	-0.03	-0.04	-0.02
Interest & Investment Income	12.62	16.94	14.84	17.13	15.46
Currency Exchange Gain (Loss)	-	-0.01	-0	-0.01	-
Other Non Operating Income (Expenses)	-2.97	-0.02	-0.02	-0.01	-0.02
EBT Excluding Unusual Items	103.87	103.05	77.62	80.09	72.92
Gain (Loss) on Sale of Investments	-0.32	-0.46	0.3	-0.43	0.4
Gain (Loss) on Sale of Assets	-	-	-	0	-
Asset Writedown	-0.01	-0.37	-0.11	-0.03	-0.25
Other Unusual Items	-	1.17	6.86	1.39	2.18
Pretax Income	103.54	103.39	84.66	81.03	75.25
Income Tax Expense	15.35	17.84	25.87	12.02	11
Net Income	88.19	85.56	58.79	69.01	64.25
Net Income to Common	88.19	85.56	58.79	69.01	64.25
Net Income Growth	3.08%	45.52%	-14.81%	7.40%	-13.48%
Shares Outstanding (Basic)	104	104	103	104	104
Shares Outstanding (Diluted)	104	104	103	104	104
Shares Change (YoY)	-0.56%	1.16%	-1.13%	-0.08%	23.29%
EPS (Basic)	0.85	0.82	0.57	0.66	0.62
EPS (Diluted)	0.85	0.82	0.57	0.66	0.62
EPS Growth	3.66%	43.86%	-13.83%	7.49%	-29.82%
Free Cash Flow	93.79	70.01	59.42	10.13	2.22
Free Cash Flow Per Share	0.90	0.67	0.58	0.10	0.02
Dividend Per Share	-	1.000	0.231	0.385	0.385
Dividend Growth	-	333.28%	-39.99%	-	-16.66%
Gross Margin	67.64%	66.38%	65.67%	69.31%	68.01%
Operating Margin	40.48%	38.93%	32.93%	40.40%	39.95%
Profit Margin	37.90%	38.65%	30.81%	44.24%	44.65%
Free Cash Flow Margin	40.30%	31.63%	31.14%	6.49%	1.54%
EBITDA	148.66	138.7	118.59	101.06	89.56
EBITDA Margin	63.88%	62.66%	62.14%	64.79%	62.24%
D&A For EBITDA	54.44	52.53	55.75	38.04	32.06
EBIT	94.22	86.17	62.83	63.02	57.49
EBIT Margin	40.48%	38.93%	32.93%	40.40%	39.95%
Effective Tax Rate	14.82%	17.25%	30.56%	14.83%	14.61%
Revenue as Reported	-	221.34	190.83	155.98	143.9

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