SHE:300669 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	322.4	326.65	322.3	374.73	403.73	403.61
Other Revenue	-	-	1.3	1.08	0.9	1.34
Revenue	322.4	326.65	323.6	375.81	404.62	404.95
Revenue Growth (YoY)	-1.20%	0.94%	-13.89%	-7.12%	-0.08%	13.67%
Cost of Revenue	254.1	255.19	246.45	274.82	301.66	297.22
Gross Profit	68.29	71.47	77.15	100.99	102.96	107.73
Selling, General & Admin	37.3	37.18	35.51	37.82	35.65	33.67
Research & Development	17.36	17.45	18.95	19.45	21.44	19.69
Other Operating Expenses	0.15	0	0.99	0.9	3.05	2.64
Operating Expenses	54.81	54.63	55.35	57.3	60.02	57.38
Operating Income	13.48	16.83	21.8	43.69	42.94	50.35
Interest Expense	-	-	-1.06	-0.88	-0.7	-0.54
Interest & Investment Income	3.23	3.51	9	11.23	8.52	3.52
Other Non Operating Income (Expenses)	2.38	1	-0.07	-0.1	-0.07	-0.05
EBT Excluding Unusual Items	19.09	21.35	29.66	53.94	50.69	53.29
Gain (Loss) on Sale of Investments	0.62	0.18	0.39	-	3.14	2.84
Gain (Loss) on Sale of Assets	-0	-0.01	-0.02	-0.03	0.06	0.16
Asset Writedown	-0.98	-0.56	-0.22	-0.5	-0.05	-0.22
Other Unusual Items	-	-	1.54	2.77	4.56	1.73
Pretax Income	18.72	20.96	31.35	56.18	58.4	57.81
Income Tax Expense	1.06	1.77	3.64	7.59	6.58	7.37
Earnings From Continuing Operations	17.66	19.19	27.71	48.59	51.82	50.44
Net Income	17.66	19.19	27.71	48.59	51.82	50.44
Net Income to Common	17.66	19.19	27.71	48.59	51.82	50.44
Net Income Growth	-28.41%	-30.76%	-42.97%	-6.24%	2.74%	-6.99%
Shares Outstanding (Basic)	191	192	192	193	193	168
Shares Outstanding (Diluted)	191	192	192	193	193	168
Shares Change (YoY)	-0.58%	-0.32%	-0.23%	0.08%	14.69%	1.09%
EPS (Basic)	0.09	0.10	0.14	0.25	0.27	0.30
EPS (Diluted)	0.09	0.10	0.14	0.25	0.27	0.30
EPS Growth	-27.99%	-30.53%	-42.84%	-6.32%	-10.42%	-7.99%
Free Cash Flow	21.99	-4.2	34.79	-13.22	-12.82	-62.86
Free Cash Flow Per Share	0.12	-0.02	0.18	-0.07	-0.07	-0.37
Dividend Per Share	-	-	0.100	0.120	0.120	0.153
Dividend Growth	-	-	-16.67%	0.00%	-21.72%	27.75%
Gross Margin	21.18%	21.88%	23.84%	26.87%	25.45%	26.60%
Operating Margin	4.18%	5.15%	6.74%	11.63%	10.61%	12.43%
Profit Margin	5.48%	5.87%	8.56%	12.93%	12.81%	12.46%
Free Cash Flow Margin	6.82%	-1.29%	10.75%	-3.52%	-3.17%	-15.52%
EBITDA	46.46	47.77	44.53	65.12	62.4	64.47
EBITDA Margin	14.41%	14.62%	13.76%	17.33%	15.42%	15.92%
D&A For EBITDA	32.99	30.94	22.74	21.43	19.46	14.12
EBIT	13.48	16.83	21.8	43.69	42.94	50.35
EBIT Margin	4.18%	5.15%	6.74%	11.63%	10.61%	12.43%
Effective Tax Rate	5.68%	8.45%	11.62%	13.52%	11.27%	12.75%
Revenue as Reported	-	-	323.6	375.81	404.62	404.95

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