SHE:300516 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Operating Revenue	683.76	534.28	769.17	742.92	729.07
Other Revenue	-	0.06	0.52	0.74	0.02
Revenue	683.76	534.34	769.7	743.66	729.1
Revenue Growth (YoY)	27.96%	-30.58%	3.50%	2.00%	0.88%
Cost of Revenue	457.76	371.2	545.41	557.18	549.14
Gross Profit	226	163.14	224.29	186.48	179.96
Selling, General & Admin	59.86	58.96	65.47	58.62	56.08
Research & Development	65.45	73.06	92.46	75.94	77.16
Other Operating Expenses	-10.13	-12.12	-22.13	-25.58	-21.32
Operating Expenses	115.18	147.08	147.51	108.98	115.97
Operating Income	110.82	16.06	76.78	77.5	63.99
Interest Expense	-	-0.03	-0.04	-	-
Interest & Investment Income	1.83	2.74	6.07	6	7.76
Currency Exchange Gain (Loss)	-	-0.01	0.01	0	-0.19
Other Non Operating Income (Expenses)	-77.62	2.41	-2.44	-0.98	0.19
EBT Excluding Unusual Items	35.03	21.18	80.38	82.53	71.75
Gain (Loss) on Sale of Assets	0.03	-	-	0	-
Asset Writedown	-17.59	-0.02	-0.03	-0.11	-0.03
Other Unusual Items	-	3.95	0.04	0.04	5.56
Pretax Income	17.47	25.11	80.4	82.46	77.28
Income Tax Expense	-6.69	-5.87	-2.53	0.36	-0.81
Net Income	24.16	30.98	82.92	82.1	78.09
Net Income to Common	24.16	30.98	82.92	82.1	78.09
Net Income Growth	-22.00%	-62.65%	1.00%	5.13%	14.61%
Shares Outstanding (Basic)	180	180	180	180	180
Shares Outstanding (Diluted)	180	180	180	180	180
Shares Change (YoY)	0.03%	-0.01%	-0.01%	0.01%	-0.02%
EPS (Basic)	0.13	0.17	0.46	0.46	0.43
EPS (Diluted)	0.13	0.17	0.46	0.46	0.43
EPS Growth	-22.02%	-62.64%	1.01%	5.12%	14.64%
Free Cash Flow	189.17	121.28	-79.2	-48.14	-86.83
Free Cash Flow Per Share	1.05	0.67	-0.44	-0.27	-0.48
Dividend Per Share	-	0.069	0.352	0.125	0.119
Dividend Growth	-	-80.40%	181.60%	5.04%	15.53%
Gross Margin	33.05%	30.53%	29.14%	25.08%	24.68%
Operating Margin	16.21%	3.00%	9.98%	10.42%	8.78%
Profit Margin	3.53%	5.80%	10.77%	11.04%	10.71%
Free Cash Flow Margin	27.67%	22.70%	-10.29%	-6.47%	-11.91%
EBITDA	140.22	45.18	105.68	108.2	95.04
EBITDA Margin	20.51%	8.46%	13.73%	14.55%	13.04%
D&A For EBITDA	29.4	29.12	28.9	30.69	31.04
EBIT	110.82	16.06	76.78	77.5	63.99
EBIT Margin	16.21%	3.00%	9.98%	10.42%	8.78%
Effective Tax Rate	-	-	-	0.44%	-
Revenue as Reported	-	534.34	769.7	743.66	729.1

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