SHE:300519 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	260.35	265.13	267.54	270.28	351.37	320.77
Other Revenue	0.23	0.23	0.12	0.11	0.12	0.11
Revenue	260.58	265.36	267.66	270.4	351.49	320.88
Revenue Growth (YoY)	0.08%	-0.86%	-1.01%	-23.07%	9.54%	13.35%
Cost of Revenue	152.54	163.14	177.89	160.03	169.81	145.29
Gross Profit	108.04	102.22	89.77	110.37	181.68	175.58
Selling, General & Admin	35.98	38.26	41.5	43.64	50.61	49.27
Research & Development	11.9	13.35	12.62	15.13	15.55	13.52
Other Operating Expenses	4.41	4.35	3.5	3.43	4.26	4.22
Operating Expenses	52.14	55.76	57.74	61.51	70.86	66.85
Operating Income	55.9	46.46	32.03	48.87	110.82	108.73
Interest & Investment Income	9.65	16.76	23.55	22.98	14.09	23.03
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.01	-0.02	-0.01	-0.01
EBT Excluding Unusual Items	65.54	63.2	55.57	71.83	124.9	131.74
Gain (Loss) on Sale of Assets	-	-0	-0.07	-0.29	-	-0.71
Asset Writedown	0.16	-0.04	-0.01	0.02	0	-0.02
Other Unusual Items	0.04	0.27	1.51	1.6	0.7	0.95
Pretax Income	65.74	63.43	57.01	73.16	125.6	131.96
Income Tax Expense	9.7	9.22	6.62	8.8	16.78	17.68
Net Income	56.04	54.21	50.39	64.36	108.82	114.28
Net Income to Common	56.04	54.21	50.39	64.36	108.82	114.28
Net Income Growth	7.56%	7.58%	-21.70%	-40.86%	-4.78%	15.46%
Shares Outstanding (Basic)	160	159	163	161	160	161
Shares Outstanding (Diluted)	160	159	163	161	160	161
Shares Change (YoY)	-1.81%	-1.91%	1.03%	0.54%	-0.58%	0.83%
EPS (Basic)	0.35	0.34	0.31	0.40	0.68	0.71
EPS (Diluted)	0.35	0.34	0.31	0.40	0.68	0.71
EPS Growth	9.54%	9.68%	-22.50%	-41.18%	-4.23%	14.52%
Free Cash Flow	76.21	65.45	48.23	37.3	109.78	127.64
Free Cash Flow Per Share	0.48	0.41	0.30	0.23	0.69	0.79
Dividend Per Share	0.300	0.300	0.300	0.400	0.500	0.600
Dividend Growth	-	-	-25.00%	-20.00%	-16.67%	-
Gross Margin	41.46%	38.52%	33.54%	40.82%	51.69%	54.72%
Operating Margin	21.45%	17.51%	11.97%	18.07%	31.53%	33.88%
Profit Margin	21.50%	20.43%	18.83%	23.80%	30.96%	35.62%
Free Cash Flow Margin	29.25%	24.66%	18.02%	13.80%	31.23%	39.78%
EBITDA	70.59	61.2	46.97	63.64	124.88	121.59
EBITDA Margin	27.09%	23.06%	17.55%	23.54%	35.53%	37.89%
D&A For EBITDA	14.69	14.74	14.93	14.77	14.05	12.86
EBIT	55.9	46.46	32.03	48.87	110.82	108.73
EBIT Margin	21.45%	17.51%	11.97%	18.07%	31.53%	33.88%
Effective Tax Rate	14.76%	14.53%	11.61%	12.03%	13.36%	13.40%
Revenue as Reported	260.58	265.36	267.66	270.4	351.49	320.88

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