SHE:300581 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	130.01	122.24	197.33	230.59	222.55
Other Revenue	-	18.29	36.02	2.5	1.63
Revenue	130.01	140.53	233.35	233.08	224.18
Revenue Growth (YoY)	-7.48%	-39.78%	0.11%	3.97%	-17.20%
Cost of Revenue	88.5	82.12	137.66	144.05	131.45
Gross Profit	41.51	58.41	95.69	89.03	92.73
Selling, General & Admin	28.16	32.68	33.12	31.22	32.38
Research & Development	28.89	30.96	22.29	26.96	26
Other Operating Expenses	3.19	3.45	4.03	2.75	3.33
Operating Expenses	60.24	90.73	98.88	74.29	70.57
Operating Income	-18.72	-32.32	-3.19	14.74	22.16
Interest Expense	-	-0	-0.02	-0.06	-0.02
Interest & Investment Income	0.69	1.89	3.76	1.03	0.64
Other Non Operating Income (Expenses)	-62.36	-0.07	-0.1	-0.03	0
EBT Excluding Unusual Items	-80.4	-30.51	0.45	15.69	22.78
Gain (Loss) on Sale of Investments	-0.08	0.15	1.08	1.74	-
Gain (Loss) on Sale of Assets	0.09	-0.05	-	-0.01	-0
Asset Writedown	-2.28	0	-0.04	-	-
Other Unusual Items	-	1.72	5.55	21.19	6.08
Pretax Income	-82.66	-28.69	7.04	38.61	28.87
Income Tax Expense	-9.78	-2.11	1.29	2.93	2.14
Net Income	-72.88	-26.59	5.75	35.68	26.72
Net Income to Common	-72.88	-26.59	5.75	35.68	26.72
Net Income Growth	-	-	-83.87%	33.52%	-57.55%
Shares Outstanding (Basic)	550	550	548	544	526
Shares Outstanding (Diluted)	550	550	548	544	526
Shares Change (YoY)	-0.07%	0.44%	0.76%	3.39%	0.10%
EPS (Basic)	-0.13	-0.05	0.01	0.07	0.05
EPS (Diluted)	-0.13	-0.05	0.01	0.07	0.05
EPS Growth	-	-	-83.99%	29.13%	-57.60%
Free Cash Flow	-89.41	-76.05	-114.81	14.59	6.92
Free Cash Flow Per Share	-0.16	-0.14	-0.21	0.03	0.01
Dividend Per Share	-	-	0.013	-	-
Gross Margin	31.93%	41.56%	41.01%	38.20%	41.36%
Operating Margin	-14.40%	-23.00%	-1.37%	6.32%	9.89%
Profit Margin	-56.06%	-18.92%	2.47%	15.31%	11.92%
Free Cash Flow Margin	-68.77%	-54.12%	-49.20%	6.26%	3.09%
EBITDA	-2.72	-15.7	11.73	27.6	32.32
EBITDA Margin	-2.09%	-11.17%	5.03%	11.84%	14.42%
D&A For EBITDA	16.01	16.63	14.92	12.86	10.16
EBIT	-18.72	-32.32	-3.19	14.74	22.16
EBIT Margin	-14.40%	-23.00%	-1.37%	6.32%	9.89%
Effective Tax Rate	-	-	18.29%	7.59%	7.42%
Revenue as Reported	-	140.53	233.35	233.08	224.18

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