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	434.77	409.04	444.24	454.46	429.43	472.05
Other Revenue	-	-	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	231.41	228.5	277.76	275.57	289.07	271.26
Gross Profit	203.35	180.54	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	4.44	4.73	6.27	4.54	5.43	3.4
Operating Expenses	116.14	115.6	127.74	132.23	110.73	113.61
Operating Income	87.22	64.94	45.69	53.15	37.49	96.29
Interest Expense	-	-	-0.26	-0.26	-0.99	-0.01
Interest & Investment Income	3.07	3.28	4	5.2	6.73	6.62
Currency Exchange Gain (Loss)	-	-	0.75	0.13	1.39	-0.84
Other Non Operating Income (Expenses)	-15.25	-14.39	-0.07	1.74	-1.43	-0.76
EBT Excluding Unusual Items	75.03	53.83	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	-10.66	-8.32	-	-0.02	-0.57	-
Other Unusual Items	-	-	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	-	-	0.326	0.588	0.381	0.382
Dividend Growth	-	-	-44.56%	54.45%	-0.37%	24.99%
Gross Margin	46.77%	44.14%	38.44%	40.22%	33.89%	43.62%
Operating Margin	20.06%	15.88%	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	129.43	105.62	80.18	82.06	61.72	124.15
EBITDA Margin	29.77%	25.82%	17.77%	17.80%	14.12%	25.80%
D&A For EBITDA	42.22	40.67	34.5	28.91	24.23	27.87
EBIT	87.22	64.94	45.69	53.15	37.49	96.29
EBIT Margin	20.06%	15.88%	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	-	-	451.18	460.95	437.29	481.16

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