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	Jun '26 Jun 30, 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	1,088	1,058	921.46	840.75	894.88	804.12
Other Revenue	4.06	3.92	3.94	7.44	1.14	3.58
Revenue	1,092	1,062	925.39	848.19	896.02	807.69
Revenue Growth	11.42%	14.81%	9.10%	-5.34%	10.94%	26.95%
Cost of Revenue	51.06	50.58	44.81	40.19	42.51	34.44
Gross Profit	1,041	1,012	880.58	808	853.5	773.25
Selling, General & Admin	498.79	479.11	434.65	385.28	359.63	333.97
Research & Development	106.18	117.1	119.88	112.2	106.02	87.93
Other Operating Expenses	12.28	9.63	7.84	4.57	4.53	3.78
Operating Expenses	619.06	606.46	563.23	501.05	471.43	427.23
Operating Income	422.21	405.37	317.36	306.95	382.07	346.02
Interest Expense	-0.79	-0.79	-1.06	-1.31	-0.44	-0.36
Interest & Investment Income	50.2	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)	1.23	-0.32	-0.34	-0.26	-0.15	-0.17
EBT Excluding Unusual Items	472.84	430.7	351.76	338.25	409.82	374.52
Gain (Loss) on Sale of Investments	5.41	3.43	2.43	-0.67	-0.88	-0.1
Gain (Loss) on Sale of Assets	0.23	0.63	0.57	-	-0.27	-
Asset Writedown	-5.11	-5.11	-1.42	-0.58	-43.23	-0.1
Other Unusual Items	0.25	3.06	11.72	8.95	33.3	18.67
Pretax Income	473.62	432.71	365.06	345.96	398.75	393
Income Tax Expense	67.38	64.62	60.72	50.43	63.02	66.71
Earnings From Continuing Operations	406.24	368.09	304.34	295.52	335.73	326.29
Minority Interest in Earnings	11.15	12.85	13.48	14.66	13.05	11.7
Net Income	417.38	380.94	317.82	310.18	348.77	337.99
Net Income to Common	417.38	380.94	317.82	310.18	348.77	337.99
Net Income Growth	20.77%	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	0.00%	-0.01%	-0.00%	-	-0.00%	0.00%
EPS (Basic)	0.80	0.73	0.61	0.59	0.67	0.65
EPS (Diluted)	0.80	0.73	0.61	0.59	0.67	0.65
EPS Growth	20.77%	19.87%	2.46%	-11.06%	3.19%	21.38%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	320.77	270.9	133.12	154.61	159.62	236.33
Free Cash Flow Per Share	0.61	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	95.33%	95.24%	95.16%	95.26%	95.25%	95.74%
Operating Margin	38.65%	38.16%	34.29%	36.19%	42.64%	42.84%
Profit Margin	38.21%	35.86%	34.34%	36.57%	38.92%	41.85%
Free Cash Flow Margin	29.37%	25.50%	14.39%	18.23%	17.82%	29.26%
EBITDA	476.58	455.18	360.94	338.38	402.44	366.11
EBITDA Margin	43.63%	42.84%	39.00%	39.89%	44.91%	45.33%
D&A For EBITDA	54.36	49.81	43.59	31.43	20.37	20.08
EBIT	422.21	405.37	317.36	306.95	382.07	346.02
EBIT Margin	38.65%	38.16%	34.29%	36.19%	42.64%	42.84%
Effective Tax Rate	14.23%	14.93%	16.63%	14.58%	15.80%	16.97%
Revenue as Reported	1,092	1,062	925.39	848.19	896.02	807.69