SHE:300801 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	2,810	2,349	2,202	2,725	2,206
Other Revenue	-	9.48	3.54	1.73	2.69
Revenue	2,810	2,358	2,206	2,727	2,209
Revenue Growth (YoY)	19.13%	6.93%	-19.12%	23.44%	44.49%
Cost of Revenue	2,468	2,015	1,845	2,103	1,724
Gross Profit	341.35	343.3	360.73	623.76	485.38
Selling, General & Admin	116.89	122.38	105.77	107.22	84.47
Research & Development	77.26	72.82	67.66	73.02	79.74
Other Operating Expenses	-7.05	1.41	1.3	15.11	11.26
Operating Expenses	187.11	204.16	199.59	196.05	188.8
Operating Income	154.25	139.14	161.14	427.71	296.58
Interest Expense	-	-6.49	-7.37	-5.91	-
Interest & Investment Income	10.88	23.51	17.4	23.97	30.57
Currency Exchange Gain (Loss)	-	12.41	5.95	24.77	-6.81
Other Non Operating Income (Expenses)	-36.74	-9.55	-8.46	-1.8	-1.85
EBT Excluding Unusual Items	128.39	159.03	168.67	468.73	318.49
Gain (Loss) on Sale of Investments	1.94	1.81	1.83	-0.24	0.24
Gain (Loss) on Sale of Assets	-2	0.08	0.35	-0.63	-2.75
Asset Writedown	-36.64	-28.36	-1.77	-	-0.14
Other Unusual Items	-	3.56	7.65	4.15	6.79
Pretax Income	91.7	136.13	176.73	472.01	322.64
Income Tax Expense	16.83	15.55	34.89	74.66	44.24
Earnings From Continuing Operations	74.86	120.58	141.84	397.36	278.4
Minority Interest in Earnings	-	-	-	0.27	0.08
Net Income	74.86	120.58	141.84	397.63	278.48
Net Income to Common	74.86	120.58	141.84	397.63	278.48
Net Income Growth	-37.91%	-14.99%	-64.33%	42.79%	42.67%
Shares Outstanding (Basic)	215	212	212	216	216
Shares Outstanding (Diluted)	215	212	212	216	216
Shares Change (YoY)	1.39%	0.10%	-1.96%	0.18%	-
EPS (Basic)	0.35	0.57	0.67	1.84	1.29
EPS (Diluted)	0.35	0.57	0.67	1.84	1.29
EPS Growth	-38.76%	-15.08%	-63.62%	42.53%	42.67%
Free Cash Flow	-65.25	-69.31	88.03	63.78	138.13
Free Cash Flow Per Share	-0.30	-0.33	0.41	0.29	0.64
Dividend Per Share	-	0.180	0.167	0.470	0.400
Dividend Growth	-	7.78%	-64.47%	17.50%	60.00%
Gross Margin	12.15%	14.56%	16.36%	22.87%	21.97%
Operating Margin	5.49%	5.90%	7.31%	15.68%	13.43%
Profit Margin	2.66%	5.11%	6.43%	14.58%	12.61%
Free Cash Flow Margin	-2.32%	-2.94%	3.99%	2.34%	6.25%
EBITDA	277.6	239.38	251.2	504.6	371
EBITDA Margin	9.88%	10.15%	11.39%	18.50%	16.79%
D&A For EBITDA	123.35	100.23	90.05	76.88	74.42
EBIT	154.25	139.14	161.14	427.71	296.58
EBIT Margin	5.49%	5.90%	7.31%	15.68%	13.43%
Effective Tax Rate	18.36%	11.42%	19.74%	15.82%	13.71%
Revenue as Reported	-	2,358	2,206	2,727	2,209
Advertising Expenses	-	2.46	0.49	0	0.07

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