SHE:300341 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	Mar '26 Mar 31, 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	1,543	1,471	1,323	1,346	1,768	1,444
Other Revenue	51.05	51.05	31.11	19.63	25.53	20.45
Revenue	1,594	1,523	1,354	1,365	1,794	1,465
Revenue Growth (YoY)	16.26%	12.47%	-0.86%	-23.89%	22.48%	23.44%
Cost of Revenue	956.87	906.74	779.93	807.62	1,017	825.5
Gross Profit	637.37	615.78	573.72	557.79	776.52	639.25
Selling, General & Admin	332.9	333.93	305.63	295	318.05	294.01
Research & Development	83.08	84.61	74.45	61.49	66.42	70.41
Other Operating Expenses	8.49	8.43	12.22	9.59	11.42	11.07
Operating Expenses	472.25	474.74	411.45	378.51	409.5	381.46
Operating Income	165.13	141.04	162.27	179.28	367.02	257.79
Interest Expense	-3.12	-3.12	-1.03	-1.39	-1.9	-6.2
Interest & Investment Income	15.08	15.39	21.13	7.17	2.39	17.02
Currency Exchange Gain (Loss)	15.34	15.34	-7.23	5.48	-7.91	-9.29
Other Non Operating Income (Expenses)	-19.25	-0.62	-0.78	-0.39	-0.37	-0.38
EBT Excluding Unusual Items	173.13	168.03	174.36	190.15	359.24	258.94
Impairment of Goodwill	-	-	-	-0.01	-4.69	-28.92
Gain (Loss) on Sale of Investments	-1.76	-1.76	-0.7	-0.38	-3.72	5.04
Gain (Loss) on Sale of Assets	6.52	6.57	-0.53	0.2	0	2.83
Asset Writedown	-4.75	-3.9	-1.12	-1.39	-9.33	-2.06
Other Unusual Items	8.72	8.72	13.59	6.87	10.74	11.68
Pretax Income	181.87	177.67	185.61	195.43	352.24	247.51
Income Tax Expense	18.7	20	21.33	28.78	79.48	57.36
Earnings From Continuing Operations	163.17	157.66	164.28	166.65	272.76	190.15
Minority Interest in Earnings	15.93	13.96	-2.82	2.13	-11.62	-12.11
Net Income	179.1	171.62	161.46	168.78	261.14	178.04
Net Income to Common	179.1	171.62	161.46	168.78	261.14	178.04
Net Income Growth	8.85%	6.29%	-4.34%	-35.37%	46.68%	28.03%
Shares Outstanding (Basic)	517	517	517	515	512	510
Shares Outstanding (Diluted)	517	517	517	520	517	510
Shares Change (YoY)	-0.03%	0.01%	-0.47%	0.58%	1.31%	0.01%
EPS (Basic)	0.35	0.33	0.31	0.33	0.51	0.35
EPS (Diluted)	0.35	0.33	0.31	0.32	0.51	0.35
EPS Growth	8.88%	6.28%	-3.88%	-35.74%	44.79%	28.03%
Free Cash Flow	8.99	61.7	123.08	196.08	169.1	176.47
Free Cash Flow Per Share	0.02	0.12	0.24	0.38	0.33	0.35
Dividend Per Share	0.070	0.070	0.070	0.070	0.109	0.070
Dividend Growth	-	-	-	-35.87%	56.91%	15.93%
Gross Margin	39.98%	40.45%	42.38%	40.85%	43.29%	43.64%
Operating Margin	10.36%	9.26%	11.99%	13.13%	20.46%	17.60%
Profit Margin	11.23%	11.27%	11.93%	12.36%	14.56%	12.16%
Free Cash Flow Margin	0.56%	4.05%	9.09%	14.36%	9.43%	12.05%
EBITDA	200.2	177.45	204.06	221.03	405.79	293.15
EBITDA Margin	12.56%	11.65%	15.07%	16.19%	22.62%	20.01%
D&A For EBITDA	35.07	36.41	41.79	41.75	38.77	35.36
EBIT	165.13	141.04	162.27	179.28	367.02	257.79
EBIT Margin	10.36%	9.26%	11.99%	13.13%	20.46%	17.60%
Effective Tax Rate	10.28%	11.26%	11.49%	14.73%	22.56%	23.18%
Revenue as Reported	1,523	1,523	1,354	1,365	1,794	1,465

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