SHE:300306 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	Dec '21 Dec 31, 2021
Operating Revenue	404.97	389.53	373.31	397.52	422.84
Other Revenue	-	46.53	48.35	43.66	30.12
Revenue	404.97	436.06	421.65	441.18	452.95
Revenue Growth (YoY)	-7.13%	3.42%	-4.43%	-2.60%	12.58%
Cost of Revenue	146.24	160.4	150.41	172.65	186.96
Gross Profit	258.73	275.66	271.24	268.53	265.99
Selling, General & Admin	109.62	111.67	116.44	108.13	106.74
Research & Development	96.37	101.48	100.14	97.97	90.3
Other Operating Expenses	-7.27	-3.07	-9.55	-1.69	-4.1
Operating Expenses	198.72	207.73	208.76	205.59	193.07
Operating Income	60.01	67.93	62.48	62.94	72.92
Interest Expense	-	-0.03	-0.05	-0.06	-0.07
Interest & Investment Income	14.64	14.69	16.68	4.65	17.38
Currency Exchange Gain (Loss)	-	0.29	0.32	1.59	-0.41
Other Non Operating Income (Expenses)	4.24	-0.15	-0.03	1.31	-0.14
EBT Excluding Unusual Items	78.89	82.73	79.41	70.43	89.67
Gain (Loss) on Sale of Investments	4.05	6.42	11.07	9.78	10.97
Gain (Loss) on Sale of Assets	0.03	-	-	0.05	5.87
Asset Writedown	-7.9	0.01	-	-0	-5.32
Other Unusual Items	-	8.05	10.94	9.49	11.68
Pretax Income	75.08	97.21	101.42	89.74	112.86
Income Tax Expense	-1.09	1.48	5.14	8.77	7.09
Earnings From Continuing Operations	76.17	95.73	96.28	80.97	105.78
Minority Interest in Earnings	-4.68	-3.37	-2.87	-0.96	-0.42
Net Income	71.49	92.36	93.41	80.01	105.36
Net Income to Common	71.49	92.36	93.41	80.01	105.36
Net Income Growth	-22.59%	-1.13%	16.75%	-24.06%	47.28%
Shares Outstanding (Basic)	265	272	267	267	270
Shares Outstanding (Diluted)	265	272	267	267	270
Shares Change (YoY)	-2.52%	1.78%	0.07%	-1.28%	-1.82%
EPS (Basic)	0.27	0.34	0.35	0.30	0.39
EPS (Diluted)	0.27	0.34	0.35	0.30	0.39
EPS Growth	-20.59%	-2.86%	16.67%	-23.08%	50.00%
Free Cash Flow	77.3	83.38	138.48	64.32	26.83
Free Cash Flow Per Share	0.29	0.31	0.52	0.24	0.10
Dividend Per Share	-	0.320	0.300	0.260	0.300
Dividend Growth	-	6.67%	15.38%	-13.33%	80.72%
Gross Margin	63.89%	63.22%	64.33%	60.87%	58.72%
Operating Margin	14.82%	15.58%	14.82%	14.27%	16.10%
Profit Margin	17.65%	21.18%	22.15%	18.14%	23.26%
Free Cash Flow Margin	19.09%	19.12%	32.84%	14.58%	5.92%
EBITDA	82.47	97.51	87.21	90.5	100.75
EBITDA Margin	20.36%	22.36%	20.68%	20.51%	22.24%
D&A For EBITDA	22.46	29.57	24.73	27.56	27.83
EBIT	60.01	67.93	62.48	62.94	72.92
EBIT Margin	14.82%	15.58%	14.82%	14.27%	16.10%
Effective Tax Rate	-	1.52%	5.07%	9.77%	6.28%
Revenue as Reported	-	436.06	421.65	441.18	452.95
Advertising Expenses	-	0.76	0.7	0.63	0.66

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