SHE:300822 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	Jun '26 Jun 30, 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	736.14	801.73	815.55	835.71	964.72	1,063
Other Revenue	25.65	36.68	35.83	31.13	29.07	17.6
Revenue	761.78	838.41	851.38	866.84	993.78	1,081
Revenue Growth	-10.81%	-1.52%	-1.78%	-12.77%	-8.07%	22.03%
Cost of Revenue	594.16	642.65	659.95	683.77	841.49	847.02
Gross Profit	167.62	195.76	191.43	183.07	152.29	233.96
Selling, General & Admin	100.17	113.75	101.63	89.24	70.03	52.87
Research & Development	54.48	51.98	45.32	48.66	45.04	48.94
Other Operating Expenses	3.4	4.94	2.48	2.51	3.92	4.77
Operating Expenses	159.31	172.03	152.61	133.75	118.69	109.05
Operating Income	8.31	23.73	38.82	49.31	33.6	124.91
Interest Expense	-0.04	-0.6	-0.96	-1.55	-1.52	-1.04
Interest & Investment Income	15.3	4.76	8.72	8.87	9.97	7.67
Currency Exchange Gain (Loss)	-5.88	-5.09	6.05	1.75	25.21	-5.77
Other Non Operating Income (Expenses)	5.1	-0.01	-0.28	-1.17	-0.32	-0.27
EBT Excluding Unusual Items	20.81	22.78	52.34	57.21	66.95	125.5
Impairment of Goodwill	-	-	-	-12.81	-10.83	-
Gain (Loss) on Sale of Investments	0.46	-	-1.16	-	-3.81	-
Gain (Loss) on Sale of Assets	2.69	2.58	0.61	0.06	-0.82	0.02
Asset Writedown	-26.18	-28.78	-7.56	-0.25	-0.35	-0
Other Unusual Items	1.12	1.77	-1.67	-	5.67	9.67
Pretax Income	-1.09	-1.64	42.56	44.21	56.81	135.19
Income Tax Expense	1.33	3.11	6.58	10.87	14.67	10.04
Earnings From Continuing Operations	-2.41	-4.75	35.98	33.34	42.14	125.15
Minority Interest in Earnings	12.57	16.93	19.27	14.27	3.24	2.24
Net Income	10.16	12.17	55.25	47.61	45.38	127.39
Net Income to Common	10.16	12.17	55.25	47.61	45.38	127.39
Net Income Growth	-70.75%	-77.97%	16.06%	4.90%	-64.38%	-24.67%
Shares Outstanding (Basic)	310	310	310	312	312	312
Shares Outstanding (Diluted)	310	310	310	312	312	312
Shares Change	0.11%	-0.14%	-0.37%	-0.11%	-0.03%	6.91%
EPS (Basic)	0.03	0.04	0.18	0.15	0.15	0.41
EPS (Diluted)	0.03	0.04	0.18	0.15	0.15	0.41
EPS Growth	-70.78%	-77.94%	16.49%	5.02%	-64.36%	-29.54%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	4.31	29.1	11.07	177.36	33.42	-358.54
Free Cash Flow Per Share	0.01	0.09	0.04	0.57	0.11	-1.15
Dividend Per Share	0.030	0.030	0.100	0.077	0.077	0.077
Dividend Growth	-70.00%	-70.00%	30.04%	0%	0%	-55.00%
Gross Margin	22.00%	23.35%	22.48%	21.12%	15.32%	21.64%
Operating Margin	1.09%	2.83%	4.56%	5.69%	3.38%	11.55%
Profit Margin	1.33%	1.45%	6.49%	5.49%	4.57%	11.79%
Free Cash Flow Margin	0.57%	3.47%	1.30%	20.46%	3.36%	-33.17%
EBITDA	54.81	71.09	80.21	92.03	69.44	147.77
EBITDA Margin	7.20%	8.48%	9.42%	10.62%	6.99%	13.67%
D&A For EBITDA	46.49	47.36	41.38	42.72	35.84	22.86
EBIT	8.31	23.73	38.82	49.31	33.6	124.91
EBIT Margin	1.09%	2.83%	4.56%	5.69%	3.38%	11.55%
Effective Tax Rate	-	-	15.46%	24.59%	25.82%	7.43%
Revenue as Reported	425.42	838.41	851.38	866.84	993.78	1,081