SHE:300776 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	2,033	2,014	1,609	1,324	1,257
Other Revenue	-	0.59	-	-	-
Revenue	2,033	2,014	1,609	1,324	1,257
Revenue Growth (YoY)	0.93%	25.20%	21.49%	5.37%	17.21%
Cost of Revenue	1,462	1,082	872.49	716.66	696.64
Gross Profit	570.87	931.95	736.41	607.65	560.15
Selling, General & Admin	-	93	86.66	74.51	58.37
Research & Development	-	282.62	250.69	130.8	103.54
Other Operating Expenses	-	-52.92	-58.53	-22.49	-21.35
Operating Expenses	-	411.7	298.28	207.65	171.11
Operating Income	570.87	520.25	438.13	399.99	389.04
Interest Expense	-	-38.98	-37.23	-35.85	-14.19
Interest & Investment Income	-	77.04	75.58	63.97	46.44
Currency Exchange Gain (Loss)	-	-4.33	-1.74	3.92	-3.8
Other Non Operating Income (Expenses)	11.59	-0.1	-0.98	-0.63	-0.41
EBT Excluding Unusual Items	582.46	553.88	473.76	431.4	417.09
Gain (Loss) on Sale of Investments	-	25.63	5.38	-	1.59
Asset Writedown	-	-0.01	-0.07	-0	-
Other Unusual Items	-	14.2	28.06	22.78	17.57
Pretax Income	582.46	593.7	507.13	454.19	436.25
Income Tax Expense	63.24	66.09	45.95	42.99	55.23
Net Income	519.22	527.61	461.19	411.19	381.02
Net Income to Common	519.22	527.61	461.19	411.19	381.02
Net Income Growth	-1.59%	14.40%	12.16%	7.92%	2.11%
Shares Outstanding (Basic)	272	272	273	272	271
Shares Outstanding (Diluted)	272	272	273	272	272
Shares Change (YoY)	-0.04%	-0.34%	0.21%	0.06%	0.28%
EPS (Basic)	1.91	1.94	1.69	1.51	1.41
EPS (Diluted)	1.91	1.94	1.69	1.51	1.40
EPS Growth	-1.55%	14.79%	11.92%	7.86%	1.82%
Free Cash Flow	-	-295.42	657.27	306.88	100.43
Free Cash Flow Per Share	-	-1.09	2.41	1.13	0.37
Dividend Per Share	-	0.390	0.350	0.294	0.293
Dividend Growth	-	11.43%	19.13%	0.27%	-
Gross Margin	28.08%	46.27%	45.77%	45.88%	44.57%
Operating Margin	28.08%	25.83%	27.23%	30.20%	30.95%
Profit Margin	25.54%	26.19%	28.67%	31.05%	30.32%
Free Cash Flow Margin	-	-14.67%	40.85%	23.17%	7.99%
EBITDA	626.02	575.4	486.55	422.73	398.87
EBITDA Margin	30.79%	28.57%	30.24%	31.92%	31.74%
D&A For EBITDA	55.15	55.15	48.42	22.74	9.83
EBIT	570.87	520.25	438.13	399.99	389.04
EBIT Margin	28.08%	25.83%	27.23%	30.20%	30.95%
Effective Tax Rate	10.86%	11.13%	9.06%	9.47%	12.66%
Revenue as Reported	-	2,014	1,609	1,324	1,257
Advertising Expenses	-	1.59	0.86	0.05	1.49

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