SHE:300689 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	412.03	414.24	318.75	372.09	516.37	413.83
Other Revenue	-	-	41.44	22.19	18.33	9.22
Revenue	412.03	414.24	360.19	394.28	534.7	423.04
Revenue Growth (YoY)	7.51%	15.01%	-8.65%	-26.26%	26.39%	21.21%
Cost of Revenue	342.39	339.12	298.01	328.8	425.07	341.17
Gross Profit	69.63	75.12	62.18	65.48	109.63	81.87
Selling, General & Admin	49.22	46.6	45.87	53.71	48.05	43.59
Research & Development	15.98	15.56	14.62	15.28	18.16	17.48
Other Operating Expenses	-3.24	-3.3	3.73	4.61	3.73	2.4
Operating Expenses	61.96	58.86	64.01	68.88	71.47	68.34
Operating Income	7.68	16.26	-1.83	-3.39	38.16	13.53
Interest Expense	-	-	-0.29	-0.34	-0.52	-0.2
Interest & Investment Income	1.89	1.86	6.97	7.88	4.55	5.12
Currency Exchange Gain (Loss)	-	-	2.02	0.58	3.13	-2.06
Other Non Operating Income (Expenses)	-1.2	0.79	-0.14	-0.08	-0.33	-0.15
EBT Excluding Unusual Items	8.37	18.91	6.73	4.64	44.99	16.24
Gain (Loss) on Sale of Investments	1.79	1.23	-0.41	0.69	-0.01	0
Gain (Loss) on Sale of Assets	0.67	-0	1.09	0.06	-0.18	-0.04
Asset Writedown	-3.77	-3.17	-0.16	-0.11	-0.08	-0.04
Other Unusual Items	-	-	7.5	5.08	4.42	3.67
Pretax Income	7.06	16.96	14.75	10.36	49.13	19.84
Income Tax Expense	1.68	2.62	2.92	1.67	6.44	2.39
Earnings From Continuing Operations	5.38	14.34	11.83	8.69	42.69	17.45
Minority Interest in Earnings	1.57	1.03	-0.26	0.23	-0.34	-0.59
Net Income	6.96	15.37	11.57	8.92	42.34	16.86
Net Income to Common	6.96	15.37	11.57	8.92	42.34	16.86
Net Income Growth	-59.98%	32.82%	29.78%	-78.94%	151.22%	-28.56%
Shares Outstanding (Basic)	118	118	116	111	114	112
Shares Outstanding (Diluted)	118	118	116	111	114	112
Shares Change (YoY)	2.06%	2.17%	3.82%	-2.60%	1.85%	0.01%
EPS (Basic)	0.06	0.13	0.10	0.08	0.37	0.15
EPS (Diluted)	0.06	0.13	0.10	0.08	0.37	0.15
EPS Growth	-60.79%	30.00%	25.00%	-78.38%	146.67%	-28.57%
Free Cash Flow	8.55	33.93	4.16	51.68	35.95	31.08
Free Cash Flow Per Share	0.07	0.29	0.04	0.46	0.31	0.28
Dividend Per Share	-	-	-	0.042	0.030	0.085
Dividend Growth	-	-	-	40.00%	-64.71%	-
Gross Margin	16.90%	18.14%	17.26%	16.61%	20.50%	19.35%
Operating Margin	1.86%	3.93%	-0.51%	-0.86%	7.14%	3.20%
Profit Margin	1.69%	3.71%	3.21%	2.26%	7.92%	3.98%
Free Cash Flow Margin	2.08%	8.19%	1.16%	13.11%	6.72%	7.35%
EBITDA	35	46.1	38.03	25.93	66.89	41.12
EBITDA Margin	8.49%	11.13%	10.56%	6.58%	12.51%	9.72%
D&A For EBITDA	27.33	29.83	39.87	29.32	28.73	27.58
EBIT	7.68	16.26	-1.83	-3.39	38.16	13.53
EBIT Margin	1.86%	3.93%	-0.51%	-0.86%	7.14%	3.20%
Effective Tax Rate	23.78%	15.45%	19.80%	16.09%	13.11%	12.05%
Revenue as Reported	-	-	360.19	394.28	534.7	423.04

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