SHE:300613 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	1,929	1,688	1,790	1,822	2,111	1,717
Other Revenue	1.47	1.47	0.36	-	-	-
Revenue	1,930	1,690	1,790	1,822	2,111	1,717
Revenue Growth (YoY)	10.24%	-5.62%	-1.76%	-13.66%	22.92%	181.36%
Cost of Revenue	1,209	1,065	1,120	1,128	1,308	989.33
Gross Profit	721.3	624.91	669.92	694.48	802.93	727.67
Selling, General & Admin	192.06	183.48	151.43	146.79	126.76	100.55
Research & Development	356.09	351.42	349.9	334.81	301.07	250.39
Other Operating Expenses	-12.96	-12.79	-26.27	1.7	11.59	5.39
Operating Expenses	534.35	521.27	475.74	484.89	437.18	359.4
Operating Income	186.95	103.65	194.18	209.59	365.74	368.27
Interest Expense	-31.04	-31.04	-29.57	-34.04	-30.56	-15.83
Interest & Investment Income	48.52	47.21	38.62	31.65	34.53	24.32
Currency Exchange Gain (Loss)	-20.99	-20.99	-0.85	3.21	3.38	-2.41
Other Non Operating Income (Expenses)	7.79	-0.27	-0.27	0.39	0.11	-0.44
EBT Excluding Unusual Items	191.24	98.57	202.11	210.8	373.2	373.92
Impairment of Goodwill	-	-	-21.18	-	-	-
Gain (Loss) on Sale of Investments	-7.39	-5.92	4.13	2.6	5.19	-6.29
Gain (Loss) on Sale of Assets	0.01	0.15	0.01	-	-	-0.02
Asset Writedown	-0.14	-0.14	-0.02	-0.04	-0.07	-0.02
Other Unusual Items	22.47	22.47	39.15	33.71	26.39	39.69
Pretax Income	206.18	115.13	224.2	247.07	404.72	407.27
Income Tax Expense	3.27	-5.21	-7.76	-5.29	26.33	25.14
Earnings From Continuing Operations	202.91	120.34	231.96	252.37	378.39	382.13
Minority Interest in Earnings	12.48	24.61	25.69	0.13	19.74	-18.26
Net Income	215.39	144.95	257.65	252.49	398.13	363.87
Net Income to Common	215.39	144.95	257.65	252.49	398.13	363.87
Net Income Growth	-8.80%	-43.74%	2.04%	-36.58%	9.42%	315.01%
Shares Outstanding (Basic)	227	230	230	230	229	229
Shares Outstanding (Diluted)	227	230	230	230	230	229
Shares Change (YoY)	-3.43%	0.02%	0.22%	-0.26%	0.56%	0.28%
EPS (Basic)	0.95	0.63	1.12	1.10	1.74	1.59
EPS (Diluted)	0.95	0.63	1.12	1.10	1.73	1.59
EPS Growth	-5.56%	-43.75%	1.82%	-36.42%	8.80%	313.85%
Free Cash Flow	347.16	383.98	178.88	317.73	521.51	-100.69
Free Cash Flow Per Share	1.53	1.67	0.78	1.38	2.27	-0.44
Dividend Per Share	0.080	0.080	0.120	0.120	0.180	0.163
Dividend Growth	-33.33%	-33.33%	-	-33.33%	10.29%	323.90%
Gross Margin	37.37%	36.98%	37.42%	38.11%	38.04%	42.38%
Operating Margin	9.69%	6.13%	10.85%	11.50%	17.33%	21.45%
Profit Margin	11.16%	8.58%	14.39%	13.86%	18.86%	21.19%
Free Cash Flow Margin	17.98%	22.73%	9.99%	17.44%	24.71%	-5.86%
EBITDA	329.56	251.17	361.36	368.94	513.56	479.3
EBITDA Margin	17.07%	14.87%	20.18%	20.24%	24.33%	27.91%
D&A For EBITDA	142.6	147.52	167.18	159.34	147.81	111.03
EBIT	186.95	103.65	194.18	209.59	365.74	368.27
EBIT Margin	9.69%	6.13%	10.85%	11.50%	17.33%	21.45%
Effective Tax Rate	1.59%	-	-	-	6.51%	6.17%
Revenue as Reported	1,690	1,690	1,790	1,822	2,111	1,717

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