SHE:300073 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	10,254	7,518	14,734	19,993	8,062
Other Revenue	120.45	74.7	393.53	1,271	195.61
Revenue	10,374	7,593	15,127	21,264	8,258
Revenue Growth (YoY)	36.63%	-49.80%	-28.86%	157.50%	159.41%
Cost of Revenue	9,052	6,699	12,395	17,776	6,751
Gross Profit	1,322	894.34	2,732	3,488	1,507
Selling, General & Admin	306.06	247.97	227.31	325.57	214.93
Research & Development	485.61	370.26	407.84	860.35	335.71
Other Operating Expenses	12.82	-1.64	22	40.97	16.8
Operating Expenses	800	642.49	660.05	1,197	465.5
Operating Income	522.1	251.85	2,072	2,291	1,041
Interest Expense	-0.79	-0.69	-	-0.19	-0
Interest & Investment Income	108.71	125.82	162.23	71.56	115.62
Currency Exchange Gain (Loss)	-28.34	23.34	113.05	318.66	-27.83
Other Non Operating Income (Expenses)	-19.57	-13.82	-19.33	-8.76	-4.78
EBT Excluding Unusual Items	582.11	386.5	2,328	2,672	1,124
Gain (Loss) on Sale of Investments	28.12	19.03	-158.93	-154.44	91.8
Gain (Loss) on Sale of Assets	0	3.51	-	0.05	-
Asset Writedown	-	-	-2.57	-5.96	-0.03
Other Unusual Items	118.73	126.78	85.12	26.42	33
Pretax Income	728.96	535.82	2,251	2,538	1,249
Income Tax Expense	93.89	62.68	332.38	279.42	157.91
Earnings From Continuing Operations	635.07	473.14	1,919	2,259	1,091
Minority Interest in Earnings	-2.74	-1.31	5.42	-	-
Net Income	632.33	471.83	1,924	2,259	1,091
Net Income to Common	632.33	471.83	1,924	2,259	1,091
Net Income Growth	34.02%	-75.48%	-14.80%	107.02%	183.45%
Shares Outstanding (Basic)	522	506	507	507	458
Shares Outstanding (Diluted)	522	506	507	507	458
Shares Change (YoY)	3.11%	-0.01%	0.00%	10.58%	4.88%
EPS (Basic)	1.21	0.93	3.80	4.46	2.38
EPS (Diluted)	1.21	0.93	3.80	4.46	2.38
EPS Growth	29.97%	-75.48%	-14.80%	87.21%	170.27%
Free Cash Flow	-773.32	726.46	-109.56	43.54	143.23
Free Cash Flow Per Share	-1.48	1.43	-0.22	0.09	0.31
Dividend Per Share	0.283	0.200	0.752	0.668	0.424
Dividend Growth	41.50%	-73.40%	12.57%	57.55%	156.97%
Gross Margin	12.74%	11.78%	18.06%	16.40%	18.25%
Operating Margin	5.03%	3.32%	13.69%	10.77%	12.61%
Profit Margin	6.09%	6.21%	12.72%	10.62%	13.21%
Free Cash Flow Margin	-7.45%	9.57%	-0.72%	0.21%	1.74%
EBITDA	910.86	608.27	2,312	2,450	1,163
EBITDA Margin	8.78%	8.01%	15.29%	11.52%	14.09%
D&A For EBITDA	388.76	356.41	240.75	159.29	122.32
EBIT	522.1	251.85	2,072	2,291	1,041
EBIT Margin	5.03%	3.32%	13.69%	10.77%	12.61%
Effective Tax Rate	12.88%	11.70%	14.76%	11.01%	12.64%
Revenue as Reported	10,374	7,593	15,127	21,264	8,258

Source: S&P Global Market Intelligence. Standard template. Financial Sources.