SHE:300099 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	579.16	595.76	661.61	756.75	751.35
Other Revenue	-	3.22	6.37	4.78	2.67
Revenue	579.16	598.98	667.98	761.53	754.02
Revenue Growth (YoY)	-3.31%	-10.33%	-12.29%	1.00%	40.38%
Cost of Revenue	314.94	324.04	376.92	407.56	374.62
Gross Profit	264.22	274.94	291.06	353.96	379.4
Selling, General & Admin	115.11	120.64	119.32	127.02	135.9
Research & Development	49.87	54.47	54.73	59.51	61.55
Other Operating Expenses	-8.02	1.65	-2.13	-21.63	-28.42
Operating Expenses	156.96	192.08	180.78	181.18	183.69
Operating Income	107.26	82.86	110.28	172.78	195.7
Interest Expense	-	-1.4	-0.91	-1.23	-1.46
Interest & Investment Income	-	15.17	12.31	5.4	2.48
Other Non Operating Income (Expenses)	-15.35	-0.23	1.92	-2.75	-1.63
EBT Excluding Unusual Items	91.92	96.41	123.6	174.19	195.1
Impairment of Goodwill	-	-	-	-51.88	-
Gain (Loss) on Sale of Investments	99.62	11.64	19.67	-2.19	0.52
Gain (Loss) on Sale of Assets	0	0.36	-4.04	-0.75	0.33
Asset Writedown	-1.11	-15.52	-10.05	-9.95	-
Other Unusual Items	-	3.02	6.39	1.57	5.92
Pretax Income	190.43	95.9	135.57	110.98	201.86
Income Tax Expense	10.83	12.47	18.28	9.97	20.46
Earnings From Continuing Operations	179.6	83.43	117.29	101.01	181.41
Minority Interest in Earnings	3.64	11.65	14.98	8.84	8.64
Net Income	183.24	95.08	132.27	109.85	190.04
Net Income to Common	183.24	95.08	132.27	109.85	190.04
Net Income Growth	92.73%	-28.12%	20.41%	-42.20%	59.56%
Shares Outstanding (Basic)	737	737	737	679	667
Shares Outstanding (Diluted)	737	737	737	679	667
Shares Change (YoY)	0.05%	-0.03%	8.60%	1.74%	-0.11%
EPS (Basic)	0.25	0.13	0.18	0.16	0.28
EPS (Diluted)	0.25	0.13	0.18	0.16	0.28
EPS Growth	92.64%	-28.09%	10.88%	-43.19%	59.73%
Free Cash Flow	-24.05	159.69	31.35	57.59	-14.55
Free Cash Flow Per Share	-0.03	0.22	0.04	0.09	-0.02
Dividend Per Share	-	0.222	0.134	0.135	0.100
Dividend Growth	-	65.67%	-0.74%	35.00%	-
Gross Margin	45.62%	45.90%	43.57%	46.48%	50.32%
Operating Margin	18.52%	13.83%	16.51%	22.69%	25.96%
Profit Margin	31.64%	15.87%	19.80%	14.42%	25.20%
Free Cash Flow Margin	-4.15%	26.66%	4.69%	7.56%	-1.93%
EBITDA	140.74	115.42	141.11	200.28	221.54
EBITDA Margin	24.30%	19.27%	21.13%	26.30%	29.38%
D&A For EBITDA	33.48	32.56	30.83	27.5	25.84
EBIT	107.26	82.86	110.28	172.78	195.7
EBIT Margin	18.52%	13.83%	16.51%	22.69%	25.96%
Effective Tax Rate	5.69%	13.01%	13.48%	8.98%	10.13%
Revenue as Reported	-	598.98	667.98	761.53	754.02

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