SHE:300822 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	801.73	815.55	835.71	964.72	1,063
Other Revenue	36.68	35.83	31.13	29.07	17.6
Revenue	838.41	851.38	866.84	993.78	1,081
Revenue Growth (YoY)	-1.52%	-1.78%	-12.77%	-8.07%	22.03%
Cost of Revenue	642.65	659.95	683.77	841.49	847.02
Gross Profit	195.76	191.43	183.07	152.29	233.96
Selling, General & Admin	113.75	101.63	89.24	70.03	52.87
Research & Development	51.98	45.32	48.66	45.04	48.94
Other Operating Expenses	4.94	2.48	2.51	3.92	4.77
Operating Expenses	172.03	152.61	133.75	118.69	109.05
Operating Income	23.73	38.82	49.31	33.6	124.91
Interest Expense	-0.6	-0.96	-1.55	-1.52	-1.04
Interest & Investment Income	4.76	8.72	8.87	9.97	7.67
Currency Exchange Gain (Loss)	-5.09	6.05	1.75	25.21	-5.77
Other Non Operating Income (Expenses)	-0.01	-0.28	-1.17	-0.32	-0.27
EBT Excluding Unusual Items	22.78	52.34	57.21	66.95	125.5
Impairment of Goodwill	-	-	-12.81	-10.83	-
Gain (Loss) on Sale of Investments	-	-1.16	-	-3.81	-
Gain (Loss) on Sale of Assets	2.58	0.61	0.06	-0.82	0.02
Asset Writedown	-28.78	-7.56	-0.25	-0.35	-0
Other Unusual Items	1.77	-1.67	-	5.67	9.67
Pretax Income	-1.64	42.56	44.21	56.81	135.19
Income Tax Expense	3.11	6.58	10.87	14.67	10.04
Earnings From Continuing Operations	-4.75	35.98	33.34	42.14	125.15
Minority Interest in Earnings	16.93	19.27	14.27	3.24	2.24
Net Income	12.17	55.25	47.61	45.38	127.39
Net Income to Common	12.17	55.25	47.61	45.38	127.39
Net Income Growth	-77.97%	16.06%	4.90%	-64.38%	-24.67%
Shares Outstanding (Basic)	310	310	312	312	312
Shares Outstanding (Diluted)	310	310	312	312	312
Shares Change (YoY)	-0.14%	-0.37%	-0.11%	-0.03%	6.91%
EPS (Basic)	0.04	0.18	0.15	0.15	0.41
EPS (Diluted)	0.04	0.18	0.15	0.15	0.41
EPS Growth	-77.94%	16.49%	5.02%	-64.36%	-29.54%
Free Cash Flow	29.1	11.07	177.36	33.42	-358.54
Free Cash Flow Per Share	0.09	0.04	0.57	0.11	-1.15
Dividend Per Share	0.030	0.100	0.077	0.077	0.077
Dividend Growth	-70.00%	30.04%	-	-	-55.00%
Gross Margin	23.35%	22.48%	21.12%	15.32%	21.64%
Operating Margin	2.83%	4.56%	5.69%	3.38%	11.55%
Profit Margin	1.45%	6.49%	5.49%	4.57%	11.79%
Free Cash Flow Margin	3.47%	1.30%	20.46%	3.36%	-33.17%
EBITDA	71.09	80.21	92.03	69.44	147.77
EBITDA Margin	8.48%	9.42%	10.62%	6.99%	13.67%
D&A For EBITDA	47.36	41.38	42.72	35.84	22.86
EBIT	23.73	38.82	49.31	33.6	124.91
EBIT Margin	2.83%	4.56%	5.69%	3.38%	11.55%
Effective Tax Rate	-	15.46%	24.59%	25.82%	7.43%
Revenue as Reported	838.41	851.38	866.84	993.78	1,081

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