SHE:300823 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	426.94	401.21	444.24	454.46	429.43	472.05
Other Revenue	7.83	7.83	6.94	6.49	7.86	9.11
Revenue	434.77	409.04	451.18	460.95	437.29	481.16
Revenue Growth (YoY)	2.46%	-9.34%	-2.12%	5.41%	-9.12%	3.21%
Cost of Revenue	238.36	235.44	277.76	275.57	289.07	271.26
Gross Profit	196.41	173.6	173.42	185.38	148.22	209.9
Selling, General & Admin	79.56	77.56	79.15	81.2	76.47	80.63
Research & Development	32.14	33.32	35.86	29.68	26.87	24.66
Other Operating Expenses	7.65	7.94	6.27	4.54	5.43	3.4
Operating Expenses	138.01	137.54	127.74	132.23	110.73	113.61
Operating Income	58.4	36.06	45.69	53.15	37.49	96.29
Interest Expense	-0.04	-0.05	-0.26	-0.26	-0.99	-0.01
Interest & Investment Income	3.36	3.62	4	5.2	6.73	6.62
Currency Exchange Gain (Loss)	0.59	0.59	0.75	0.13	1.39	-0.84
Other Non Operating Income (Expenses)	-1.52	-0.63	-0.07	1.74	-1.43	-0.76
EBT Excluding Unusual Items	60.78	39.58	50.1	59.96	43.2	101.3
Gain (Loss) on Sale of Assets	0.05	0.2	0.52	0.37	0.64	1.97
Asset Writedown	-2.34	-	-	-0.02	-0.57	-
Other Unusual Items	5.93	5.93	7.13	14.18	-1.33	4.05
Pretax Income	64.42	45.72	57.75	74.49	41.94	107.32
Income Tax Expense	4.44	3.07	5.51	10.18	4.19	11.91
Earnings From Continuing Operations	59.99	42.65	52.23	64.31	37.75	95.41
Minority Interest in Earnings	-8.49	-8.82	-7.43	-6.77	-2.31	-4.85
Net Income	51.5	33.83	44.81	57.54	35.44	90.56
Net Income to Common	51.5	33.83	44.81	57.54	35.44	90.56
Net Income Growth	68.00%	-24.51%	-22.13%	62.35%	-60.86%	0.90%
Shares Outstanding (Basic)	122	130	132	131	131	131
Shares Outstanding (Diluted)	122	130	132	131	131	131
Shares Change (YoY)	-11.83%	-1.28%	0.78%	0.14%	-0.08%	6.09%
EPS (Basic)	0.42	0.26	0.34	0.44	0.27	0.69
EPS (Diluted)	0.42	0.26	0.34	0.44	0.27	0.69
EPS Growth	90.54%	-23.53%	-22.73%	62.12%	-60.83%	-4.90%
Free Cash Flow	90.54	101.59	44.4	-89.97	51.66	-10.88
Free Cash Flow Per Share	0.74	0.78	0.34	-0.69	0.40	-0.08
Dividend Per Share	0.246	0.246	0.326	0.588	0.381	0.382
Dividend Growth	-24.54%	-24.54%	-44.56%	54.45%	-0.37%	24.99%
Gross Margin	45.17%	42.44%	38.44%	40.22%	33.89%	43.62%
Operating Margin	13.43%	8.82%	10.13%	11.53%	8.57%	20.01%
Profit Margin	11.85%	8.27%	9.93%	12.48%	8.11%	18.82%
Free Cash Flow Margin	20.82%	24.83%	9.84%	-19.52%	11.81%	-2.26%
EBITDA	100.38	76.57	80.34	82.06	61.72	124.15
EBITDA Margin	23.09%	18.72%	17.81%	17.80%	14.12%	25.80%
D&A For EBITDA	41.98	40.51	34.66	28.91	24.23	27.87
EBIT	58.4	36.06	45.69	53.15	37.49	96.29
EBIT Margin	13.43%	8.82%	10.13%	11.53%	8.57%	20.01%
Effective Tax Rate	6.89%	6.71%	9.54%	13.66%	10.00%	11.10%
Revenue as Reported	434.77	409.04	451.18	460.95	437.29	481.16