SHE:300342 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	813.37	803.61	1,024	1,031	830.73	1,033
Other Revenue	17.55	17.55	23.83	10.49	8.51	6.56
Revenue	830.92	821.16	1,048	1,041	839.25	1,039
Revenue Growth (YoY)	-20.50%	-21.63%	0.63%	24.07%	-19.24%	15.67%
Cost of Revenue	621.38	622.39	801.54	803.24	642.73	726.87
Gross Profit	209.54	198.78	246.27	238.05	196.52	312.28
Selling, General & Admin	83.6	83.84	82.59	80.49	87.75	88.82
Research & Development	87.54	83.29	80.46	79.92	77.27	92.64
Other Operating Expenses	3.11	3.2	3.62	1.32	8.06	5.91
Operating Expenses	184.67	178.9	174.68	171.29	175.7	187.35
Operating Income	24.87	19.88	71.59	66.76	20.82	124.93
Interest Expense	-0.68	-0.88	-2.01	-2.84	-5.68	-4.86
Interest & Investment Income	0.41	2.31	23.29	0.16	0.26	0.33
Currency Exchange Gain (Loss)	-1.62	-1.62	2.71	1.26	8.41	-2.18
Other Non Operating Income (Expenses)	-1.24	0.05	-0.4	-0.73	-0.18	0.35
EBT Excluding Unusual Items	21.74	19.74	95.18	64.61	23.62	118.56
Impairment of Goodwill	-6.55	-6.55	-	-	-12.74	-5.27
Gain (Loss) on Sale of Investments	0.59	0.41	-	-25.4	-2.24	-5.07
Gain (Loss) on Sale of Assets	0.39	0.39	0.07	-	0.1	-0.01
Asset Writedown	-0.14	-0.15	-0.02	-0.05	-	-0.38
Other Unusual Items	0.57	0.45	3.76	1.46	3.11	7.34
Pretax Income	16.59	14.3	98.99	40.63	11.84	115.18
Income Tax Expense	-1.56	-1.15	7.34	6.96	3.24	15.36
Earnings From Continuing Operations	18.15	15.45	91.65	33.67	8.6	99.82
Minority Interest in Earnings	-3.83	-2.65	-1.24	-0.89	-0.78	-0.19
Net Income	14.32	12.79	90.41	32.78	7.82	99.63
Net Income to Common	14.32	12.79	90.41	32.78	7.82	99.63
Net Income Growth	-84.99%	-85.85%	175.80%	319.10%	-92.15%	-21.91%
Shares Outstanding (Basic)	425	425	425	425	425	433
Shares Outstanding (Diluted)	425	425	425	425	425	433
Shares Change (YoY)	-0.06%	-0.02%	-0.03%	0.02%	-1.87%	1.86%
EPS (Basic)	0.03	0.03	0.21	0.08	0.02	0.23
EPS (Diluted)	0.03	0.03	0.21	0.08	0.02	0.23
EPS Growth	-84.98%	-85.85%	175.88%	319.02%	-92.00%	-23.33%
Free Cash Flow	52.02	-26.93	63.8	154.4	32.92	-17.37
Free Cash Flow Per Share	0.12	-0.06	0.15	0.36	0.08	-0.04
Dividend Per Share	0.020	0.020	0.065	0.100	-	0.100
Dividend Growth	-69.23%	-69.23%	-35.00%	-	-	-33.33%
Gross Margin	25.22%	24.21%	23.50%	22.86%	23.42%	30.05%
Operating Margin	2.99%	2.42%	6.83%	6.41%	2.48%	12.02%
Profit Margin	1.72%	1.56%	8.63%	3.15%	0.93%	9.59%
Free Cash Flow Margin	6.26%	-3.28%	6.09%	14.83%	3.92%	-1.67%
EBITDA	69.52	65.65	121.82	117.92	73.18	166.5
EBITDA Margin	8.37%	7.99%	11.63%	11.33%	8.72%	16.02%
D&A For EBITDA	44.65	45.77	50.24	51.16	52.37	41.58
EBIT	24.87	19.88	71.59	66.76	20.82	124.93
EBIT Margin	2.99%	2.42%	6.83%	6.41%	2.48%	12.02%
Effective Tax Rate	-	-	7.41%	17.12%	27.40%	13.33%
Revenue as Reported	830.92	821.16	1,048	1,041	839.25	1,039
Advertising Expenses	-	0.51	0.52	0.42	0.04	0.5

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