SHE:300824 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	974.74	940.42	737.03	646.03	793.75	841.64
Other Revenue	10.11	10.11	16.59	19.25	10.99	5.27
Revenue	984.85	950.53	753.62	665.28	804.74	846.91
Revenue Growth (YoY)	22.06%	26.13%	13.28%	-17.33%	-4.98%	20.84%
Cost of Revenue	480.45	475.49	400.23	333.07	415.1	429.48
Gross Profit	504.4	475.04	353.4	332.22	389.64	417.44
Selling, General & Admin	361.59	334.2	269.92	243.18	331.18	285.15
Research & Development	45.07	42.98	38.51	39.77	34.37	30.51
Other Operating Expenses	-20.53	-19.53	-14.68	-13.86	-15.91	-11.25
Operating Expenses	386.27	357.77	294.32	268.76	349.45	304.64
Operating Income	118.13	117.26	59.08	63.45	40.2	112.8
Interest Expense	-1.82	-2.12	-2.7	-2.59	-3.45	-3.27
Interest & Investment Income	11.2	12.7	13.77	15.67	1.87	11.62
Currency Exchange Gain (Loss)	-2.99	-2.99	3.91	-	6.4	-2.29
Other Non Operating Income (Expenses)	-4.2	-1.55	-0.74	0.93	-2.4	-0.9
EBT Excluding Unusual Items	120.31	123.3	73.31	77.47	42.62	117.96
Gain (Loss) on Sale of Investments	0.89	-0.04	-0.25	1.66	-0.07	-1.28
Gain (Loss) on Sale of Assets	0.85	0.89	0.04	-0.45	-0.2	0.3
Asset Writedown	-0.35	-0.05	-0.5	-0.06	-0.11	-0.31
Other Unusual Items	0.06	0.06	1.6	-0.14	7.98	0.41
Pretax Income	121.77	124.15	74.2	78.47	50.21	117.09
Income Tax Expense	8.84	10.61	4.69	7.12	3.24	8.6
Net Income	112.93	113.54	69.51	71.36	46.97	108.49
Net Income to Common	112.93	113.54	69.51	71.36	46.97	108.49
Net Income Growth	40.66%	63.35%	-2.59%	51.92%	-56.71%	8.11%
Shares Outstanding (Basic)	324	324	325	326	326	326
Shares Outstanding (Diluted)	324	324	325	326	326	326
Shares Change (YoY)	-0.05%	-0.22%	-0.36%	0.03%	0.03%	14.29%
EPS (Basic)	0.35	0.35	0.21	0.22	0.14	0.33
EPS (Diluted)	0.35	0.35	0.21	0.22	0.14	0.33
EPS Growth	40.72%	63.70%	-2.24%	51.88%	-56.72%	-5.40%
Free Cash Flow	104.75	136.96	92.15	135.02	141.56	27.58
Free Cash Flow Per Share	0.32	0.42	0.28	0.41	0.43	0.09
Dividend Per Share	0.200	0.200	0.200	0.200	0.143	0.167
Dividend Growth	-	-	-	39.86%	-14.22%	-44.43%
Gross Margin	51.22%	49.98%	46.89%	49.94%	48.42%	49.29%
Operating Margin	12.00%	12.34%	7.84%	9.54%	5.00%	13.32%
Profit Margin	11.47%	11.95%	9.22%	10.73%	5.84%	12.81%
Free Cash Flow Margin	10.64%	14.41%	12.23%	20.29%	17.59%	3.26%
EBITDA	130.38	129.7	72.27	75.98	56.91	126.5
EBITDA Margin	13.24%	13.64%	9.59%	11.42%	7.07%	14.94%
D&A For EBITDA	12.25	12.44	13.2	12.53	16.72	13.7
EBIT	118.13	117.26	59.08	63.45	40.2	112.8
EBIT Margin	12.00%	12.34%	7.84%	9.54%	5.00%	13.32%
Effective Tax Rate	7.26%	8.55%	6.33%	9.07%	6.46%	7.34%
Revenue as Reported	984.85	950.53	753.62	665.28	804.74	846.91

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