SHE:300613 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
Revenue	1,690	1,790	1,822	2,111	1,717
Revenue Growth (YoY)	-5.62%	-1.76%	-13.66%	22.92%	181.36%
Cost of Revenue	1,065	1,120	1,128	1,308	989.33
Gross Profit	624.91	669.92	694.48	802.93	727.67
Selling, General & Admin	183.48	151.43	146.79	126.76	100.55
Research & Development	351.42	349.9	334.81	301.07	250.39
Other Operating Expenses	-12.79	-26.27	1.7	11.59	5.39
Operating Expenses	521.27	475.74	484.89	437.18	359.4
Operating Income	103.65	194.18	209.59	365.74	368.27
Interest Expense	-31.04	-29.57	-34.04	-30.56	-15.83
Interest & Investment Income	47.21	38.62	31.65	34.53	24.32
Currency Exchange Gain (Loss)	-20.99	-0.85	3.21	3.38	-2.41
Other Non Operating Income (Expenses)	-0.27	-0.27	0.39	0.11	-0.44
EBT Excluding Unusual Items	98.57	202.11	210.8	373.2	373.92
Impairment of Goodwill	-	-21.18	-	-	-
Gain (Loss) on Sale of Investments	-5.92	4.13	2.6	5.19	-6.29
Gain (Loss) on Sale of Assets	0.15	0.01	-	-	-0.02
Asset Writedown	-0.14	-0.02	-0.04	-0.07	-0.02
Other Unusual Items	22.47	39.15	33.71	26.39	39.69
Pretax Income	115.13	224.2	247.07	404.72	407.27
Income Tax Expense	-5.21	-7.76	-5.29	26.33	25.14
Earnings From Continuing Operations	120.34	231.96	252.37	378.39	382.13
Minority Interest in Earnings	24.61	25.69	0.13	19.74	-18.26
Net Income	144.95	257.65	252.49	398.13	363.87
Net Income to Common	144.95	257.65	252.49	398.13	363.87
Net Income Growth	-43.74%	2.04%	-36.58%	9.42%	315.01%
Shares Outstanding (Basic)	230	230	230	229	229
Shares Outstanding (Diluted)	230	230	230	230	229
Shares Change (YoY)	0.02%	0.22%	-0.26%	0.56%	0.28%
EPS (Basic)	0.63	1.12	1.10	1.74	1.59
EPS (Diluted)	0.63	1.12	1.10	1.73	1.59
EPS Growth	-43.75%	1.82%	-36.42%	8.80%	313.85%
Free Cash Flow	383.98	178.88	317.73	521.51	-100.69
Free Cash Flow Per Share	1.67	0.78	1.38	2.27	-0.44
Dividend Per Share	0.080	0.120	0.120	0.180	0.163
Dividend Growth	-33.33%	-	-33.33%	10.29%	323.90%
Gross Margin	36.98%	37.42%	38.11%	38.04%	42.38%
Operating Margin	6.13%	10.85%	11.50%	17.33%	21.45%
Profit Margin	8.58%	14.39%	13.86%	18.86%	21.19%
Free Cash Flow Margin	22.73%	9.99%	17.44%	24.71%	-5.86%
EBITDA	251.17	361.36	368.94	513.56	479.3
EBITDA Margin	14.87%	20.18%	20.24%	24.33%	27.91%
D&A For EBITDA	147.52	167.18	159.34	147.81	111.03
EBIT	103.65	194.18	209.59	365.74	368.27
EBIT Margin	6.13%	10.85%	11.50%	17.33%	21.45%
Effective Tax Rate	-	-	-	6.51%	6.17%
Revenue as Reported	1,690	1,790	1,822	2,111	1,717

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