SHE:300053 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	277.13	209.81	350.97	423.9	694.39
Other Revenue	-	2.27	1.69	1.56	1.62
Revenue	277.13	212.08	352.66	425.46	696.01
Revenue Growth (YoY)	30.67%	-39.86%	-17.11%	-38.87%	-19.98%
Cost of Revenue	169.12	171.01	225.17	302.05	437.75
Gross Profit	108.01	41.07	127.49	123.41	258.27
Selling, General & Admin	92.57	103.06	95.48	128.67	121.34
Research & Development	80.47	72.49	120.76	71.39	56.96
Other Operating Expenses	-8.24	4.14	4.7	1.17	2.7
Operating Expenses	164.8	270.67	324.72	269.44	228.78
Operating Income	-56.79	-229.6	-197.22	-146.03	29.49
Interest Expense	-	-7.11	-5.78	-4.99	-3.59
Interest & Investment Income	-	1.86	2.73	10.46	4
Currency Exchange Gain (Loss)	-	-0.24	0.33	-0.27	-0.92
Other Non Operating Income (Expenses)	-100.86	0.6	0.64	-8.39	-0.72
EBT Excluding Unusual Items	-157.65	-234.48	-199.29	-149.22	28.26
Impairment of Goodwill	-	-	-210.81	-309.03	-5.7
Gain (Loss) on Sale of Investments	-3.06	-7.19	-1.65	-2.58	0.01
Gain (Loss) on Sale of Assets	0.44	-0.04	-0.15	0.01	-0.01
Asset Writedown	-125.78	-39.41	-24.72	-188.4	-
Legal Settlements	-	-	-0.1	-19.74	-0.21
Other Unusual Items	-	15.03	17.83	10.36	20.14
Pretax Income	-286.06	-266.09	-418.88	-658.61	42.5
Income Tax Expense	55.43	28.1	6.41	-86.41	-0.1
Earnings From Continuing Operations	-341.49	-294.18	-425.29	-572.2	42.6
Minority Interest in Earnings	0.28	-0.04	-0.05	0	0.04
Net Income	-341.21	-294.22	-425.34	-572.2	42.64
Net Income to Common	-341.21	-294.22	-425.34	-572.2	42.64
Net Income Growth	-	-	-	-	-60.56%
Shares Outstanding (Basic)	697	697	697	702	699
Shares Outstanding (Diluted)	697	697	697	702	699
Shares Change (YoY)	-0.04%	-0.01%	-0.68%	0.45%	0.21%
EPS (Basic)	-0.49	-0.42	-0.61	-0.81	0.06
EPS (Diluted)	-0.49	-0.42	-0.61	-0.81	0.06
EPS Growth	-	-	-	-	-60.65%
Free Cash Flow	2.21	-3.93	-87.48	-112.6	-78.99
Free Cash Flow Per Share	0.00	-0.01	-0.13	-0.16	-0.11
Gross Margin	38.98%	19.36%	36.15%	29.01%	37.11%
Operating Margin	-20.49%	-108.26%	-55.92%	-34.32%	4.24%
Profit Margin	-123.12%	-138.73%	-120.61%	-134.49%	6.13%
Free Cash Flow Margin	0.80%	-1.85%	-24.81%	-26.46%	-11.35%
EBITDA	74.94	-149.49	-81.81	-4.25	161.59
EBITDA Margin	27.04%	-70.49%	-23.20%	-1.00%	23.22%
D&A For EBITDA	131.73	80.11	115.42	141.78	132.11
EBIT	-56.79	-229.6	-197.22	-146.03	29.49
EBIT Margin	-20.49%	-108.26%	-55.92%	-34.32%	4.24%
Revenue as Reported	-	212.08	352.66	425.46	696.01

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