SHE:300824 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	940.42	737.03	646.03	793.75	841.64
Other Revenue	10.11	16.59	19.25	10.99	5.27
Revenue	950.53	753.62	665.28	804.74	846.91
Revenue Growth (YoY)	26.13%	13.28%	-17.33%	-4.98%	20.84%
Cost of Revenue	475.49	400.23	333.07	415.1	429.48
Gross Profit	475.04	353.4	332.22	389.64	417.44
Selling, General & Admin	334.2	269.92	243.18	331.18	285.15
Research & Development	42.98	38.51	39.77	34.37	30.51
Other Operating Expenses	-19.53	-14.68	-13.86	-15.91	-11.25
Operating Expenses	357.77	294.32	268.76	349.45	304.64
Operating Income	117.26	59.08	63.45	40.2	112.8
Interest Expense	-2.12	-2.7	-2.59	-3.45	-3.27
Interest & Investment Income	12.7	13.77	15.67	1.87	11.62
Currency Exchange Gain (Loss)	-2.99	3.91	-	6.4	-2.29
Other Non Operating Income (Expenses)	-1.55	-0.74	0.93	-2.4	-0.9
EBT Excluding Unusual Items	123.3	73.31	77.47	42.62	117.96
Gain (Loss) on Sale of Investments	-0.04	-0.25	1.66	-0.07	-1.28
Gain (Loss) on Sale of Assets	0.89	0.04	-0.45	-0.2	0.3
Asset Writedown	-0.05	-0.5	-0.06	-0.11	-0.31
Other Unusual Items	0.06	1.6	-0.14	7.98	0.41
Pretax Income	124.15	74.2	78.47	50.21	117.09
Income Tax Expense	10.61	4.69	7.12	3.24	8.6
Net Income	113.54	69.51	71.36	46.97	108.49
Net Income to Common	113.54	69.51	71.36	46.97	108.49
Net Income Growth	63.35%	-2.59%	51.92%	-56.71%	8.11%
Shares Outstanding (Basic)	324	325	326	326	326
Shares Outstanding (Diluted)	324	325	326	326	326
Shares Change (YoY)	-0.22%	-0.36%	0.03%	0.03%	14.29%
EPS (Basic)	0.35	0.21	0.22	0.14	0.33
EPS (Diluted)	0.35	0.21	0.22	0.14	0.33
EPS Growth	63.70%	-2.24%	51.88%	-56.72%	-5.40%
Free Cash Flow	136.96	92.15	135.02	141.56	27.58
Free Cash Flow Per Share	0.42	0.28	0.41	0.43	0.09
Dividend Per Share	0.200	0.200	0.200	0.143	0.167
Dividend Growth	-	-	39.86%	-14.22%	-44.43%
Gross Margin	49.98%	46.89%	49.94%	48.42%	49.29%
Operating Margin	12.34%	7.84%	9.54%	5.00%	13.32%
Profit Margin	11.95%	9.22%	10.73%	5.84%	12.81%
Free Cash Flow Margin	14.41%	12.23%	20.29%	17.59%	3.26%
EBITDA	129.7	72.27	75.98	56.91	126.5
EBITDA Margin	13.64%	9.59%	11.42%	7.07%	14.94%
D&A For EBITDA	12.44	13.2	12.53	16.72	13.7
EBIT	117.26	59.08	63.45	40.2	112.8
EBIT Margin	12.34%	7.84%	9.54%	5.00%	13.32%
Effective Tax Rate	8.55%	6.33%	9.07%	6.46%	7.34%
Revenue as Reported	950.53	753.62	665.28	804.74	846.91

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.