SHE:300357 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	Dec '21 Dec 31, 2021
Operating Revenue	1,083	1,058	921.46	840.75	894.88	804.12
Other Revenue	3.92	3.92	3.94	7.44	1.14	3.58
Revenue	1,087	1,062	925.39	848.19	896.02	807.69
Revenue Growth (YoY)	15.91%	14.81%	9.10%	-5.34%	10.94%	26.95%
Cost of Revenue	50.63	50.58	44.81	40.19	42.51	34.44
Gross Profit	1,036	1,012	880.58	808	853.5	773.25
Selling, General & Admin	487.1	479.11	434.65	385.28	359.63	333.97
Research & Development	112.37	117.1	119.88	112.2	106.02	87.93
Other Operating Expenses	7.24	9.63	7.84	4.57	4.53	3.78
Operating Expenses	610.58	606.46	563.23	501.05	471.43	427.23
Operating Income	425.56	405.37	317.36	306.95	382.07	346.02
Interest Expense	-0.81	-0.79	-1.06	-1.31	-0.44	-0.36
Interest & Investment Income	53.52	26.45	35.81	32.87	28.35	29.03
Currency Exchange Gain (Loss)	-0	-0	0	0	-0	-0
Other Non Operating Income (Expenses)	0.52	-0.32	-0.34	-0.26	-0.15	-0.17
EBT Excluding Unusual Items	478.8	430.7	351.76	338.25	409.82	374.52
Gain (Loss) on Sale of Investments	4.78	3.43	2.43	-0.67	-0.88	-0.1
Gain (Loss) on Sale of Assets	-	0.63	0.57	-	-0.27	-
Asset Writedown	-5.11	-5.11	-1.42	-0.58	-43.23	-0.1
Other Unusual Items	2.07	3.06	11.72	8.95	33.3	18.67
Pretax Income	480.53	432.71	365.06	345.96	398.75	393
Income Tax Expense	67.48	64.62	60.72	50.43	63.02	66.71
Earnings From Continuing Operations	413.05	368.09	304.34	295.52	335.73	326.29
Minority Interest in Earnings	12.78	12.85	13.48	14.66	13.05	11.7
Net Income	425.83	380.94	317.82	310.18	348.77	337.99
Net Income to Common	425.83	380.94	317.82	310.18	348.77	337.99
Net Income Growth	35.20%	19.86%	2.46%	-11.06%	3.19%	21.38%
Shares Outstanding (Basic)	524	524	524	524	524	524
Shares Outstanding (Diluted)	524	524	524	524	524	524
Shares Change (YoY)	-0.01%	-0.01%	-0.00%	-	-0.00%	0.00%
EPS (Basic)	0.81	0.73	0.61	0.59	0.67	0.65
EPS (Diluted)	0.81	0.73	0.61	0.59	0.67	0.65
EPS Growth	35.21%	19.87%	2.46%	-11.06%	3.19%	21.38%
Free Cash Flow	266.19	270.9	133.12	154.61	159.62	236.33
Free Cash Flow Per Share	0.51	0.52	0.25	0.29	0.30	0.45
Dividend Per Share	0.250	0.250	0.220	0.185	0.200	0.201
Dividend Growth	13.64%	13.64%	18.92%	-7.50%	-0.50%	25.62%
Gross Margin	95.34%	95.24%	95.16%	95.26%	95.25%	95.74%
Operating Margin	39.16%	38.16%	34.29%	36.19%	42.64%	42.84%
Profit Margin	39.18%	35.86%	34.34%	36.57%	38.92%	41.85%
Free Cash Flow Margin	24.49%	25.50%	14.39%	18.23%	17.82%	29.26%
EBITDA	476.93	455.18	360.94	338.38	402.44	366.11
EBITDA Margin	43.89%	42.84%	39.00%	39.89%	44.91%	45.33%
D&A For EBITDA	51.36	49.81	43.59	31.43	20.37	20.08
EBIT	425.56	405.37	317.36	306.95	382.07	346.02
EBIT Margin	39.16%	38.16%	34.29%	36.19%	42.64%	42.84%
Effective Tax Rate	14.04%	14.93%	16.63%	14.58%	15.80%	16.97%
Revenue as Reported	1,087	1,062	925.39	848.19	896.02	807.69

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