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	671.53	534.28	769.17	742.92	729.07
Other Revenue	12.23	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	474.17	371.2	545.41	557.18	549.14
Gross Profit	209.59	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	-7.88	-18.37	-22.13	-25.58	-21.32
Operating Expenses	183.74	140.83	147.51	108.98	115.97
Operating Income	25.85	22.31	76.78	77.5	63.99
Interest Expense	-0.02	-0.03	-0.04	-	-
Interest & Investment Income	4.23	2.74	6.07	6	7.76
Currency Exchange Gain (Loss)	0.02	-0.01	0.01	0	-0.19
Other Non Operating Income (Expenses)	-0.01	2.48	-2.44	-0.98	0.19
EBT Excluding Unusual Items	30.06	27.49	80.38	82.53	71.75
Gain (Loss) on Sale of Assets	0.03	-	-	0	-
Asset Writedown	-0.68	-0.03	-0.03	-0.11	-0.03
Other Unusual Items	-11.94	-2.36	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	0.054	0.069	0.352	0.125	0.119
Dividend Growth	-21.74%	-80.40%	181.60%	5.04%	15.53%
Gross Margin	30.65%	30.53%	29.14%	25.08%	24.68%
Operating Margin	3.78%	4.17%	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	54.73	51.96	105.68	108.2	95.04
EBITDA Margin	8.00%	9.72%	13.73%	14.55%	13.04%
D&A For EBITDA	28.88	29.65	28.9	30.69	31.04
EBIT	25.85	22.31	76.78	77.5	63.99
EBIT Margin	3.78%	4.17%	9.98%	10.42%	8.78%
Effective Tax Rate	-	-	-	0.44%	-
Revenue as Reported	683.76	534.34	769.7	743.66	729.1

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