SHE:300073 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	Jun '26 Jun 30, 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	16,019	10,254	7,518	14,734	19,993	8,062
Other Revenue	397.83	120.45	74.7	393.53	1,271	195.61
Revenue	16,417	10,374	7,593	15,127	21,264	8,258
Revenue Growth	93.50%	36.63%	-49.80%	-28.86%	157.50%	159.41%
Cost of Revenue	14,287	9,052	6,699	12,395	17,776	6,751
Gross Profit	2,130	1,322	894.34	2,732	3,488	1,507
Selling, General & Admin	356.75	306.06	247.97	227.31	325.57	214.93
Research & Development	702.03	485.61	370.26	407.84	860.35	335.71
Other Operating Expenses	58.64	12.82	-1.64	22	40.97	16.8
Operating Expenses	1,136	800	642.49	660.05	1,197	465.5
Operating Income	994.68	522.1	251.85	2,072	2,291	1,041
Interest Expense	-0.47	-0.79	-0.69	-	-0.19	-0
Interest & Investment Income	113.36	108.71	125.82	162.23	71.56	115.62
Currency Exchange Gain (Loss)	-212.4	-28.34	23.34	113.05	318.66	-27.83
Other Non Operating Income (Expenses)	-19.86	-19.57	-13.82	-19.33	-8.76	-4.78
EBT Excluding Unusual Items	875.32	582.11	386.5	2,328	2,672	1,124
Gain (Loss) on Sale of Investments	-4.88	28.12	19.03	-158.93	-154.44	91.8
Gain (Loss) on Sale of Assets	0	0	3.51	-	0.05	-
Asset Writedown	0.02	-	-	-2.57	-5.96	-0.03
Other Unusual Items	205.28	118.73	126.78	85.12	26.42	33
Pretax Income	1,076	728.96	535.82	2,251	2,538	1,249
Income Tax Expense	160.15	93.89	62.68	332.38	279.42	157.91
Earnings From Continuing Operations	915.58	635.07	473.14	1,919	2,259	1,091
Minority Interest in Earnings	-74	-2.74	-1.31	5.42	-	-
Net Income	841.59	632.33	471.83	1,924	2,259	1,091
Net Income to Common	841.59	632.33	471.83	1,924	2,259	1,091
Net Income Growth	69.63%	34.02%	-75.48%	-14.80%	107.02%	183.45%
Shares Outstanding (Basic)	541	522	506	507	507	458
Shares Outstanding (Diluted)	541	522	506	507	507	458
Shares Change	6.84%	3.11%	-0.01%	0.00%	10.58%	4.88%
EPS (Basic)	1.56	1.21	0.93	3.80	4.46	2.38
EPS (Diluted)	1.56	1.21	0.93	3.80	4.46	2.38
EPS Growth	58.77%	29.97%	-75.48%	-14.80%	87.21%	170.27%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-2,281	-773.32	726.46	-109.56	43.54	143.23
Free Cash Flow Per Share	-4.22	-1.48	1.43	-0.22	0.09	0.31
Dividend Per Share	0.283	0.283	0.200	0.752	0.668	0.424
Dividend Growth	41.50%	41.50%	-73.40%	12.57%	57.55%	156.97%
Gross Margin	12.98%	12.74%	11.78%	18.06%	16.40%	18.25%
Operating Margin	6.06%	5.03%	3.32%	13.69%	10.77%	12.61%
Profit Margin	5.13%	6.09%	6.21%	12.72%	10.62%	13.21%
Free Cash Flow Margin	-13.90%	-7.45%	9.57%	-0.72%	0.21%	1.74%
EBITDA	1,409	910.86	608.27	2,312	2,450	1,163
EBITDA Margin	8.58%	8.78%	8.01%	15.29%	11.52%	14.09%
D&A For EBITDA	414.49	388.76	356.41	240.75	159.29	122.32
EBIT	994.68	522.1	251.85	2,072	2,291	1,041
EBIT Margin	6.06%	5.03%	3.32%	13.69%	10.77%	12.61%
Effective Tax Rate	14.89%	12.88%	11.70%	14.76%	11.01%	12.64%
Revenue as Reported	16,417	10,374	7,593	15,127	21,264	8,258