SHE:300831 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	Dec '21 Dec 31, 2021
Operating Revenue	220.66	183.54	213.77	116.21	175.5	175.15
Other Revenue	3.94	3.94	0.75	0.65	0.3	3.04
Revenue	224.6	187.47	214.52	116.85	175.79	178.18
Revenue Growth (YoY)	17.43%	-12.61%	83.58%	-33.53%	-1.34%	46.61%
Cost of Revenue	110.07	103.32	95.77	68.25	94.81	92.46
Gross Profit	114.53	84.16	118.76	48.61	80.98	85.72
Selling, General & Admin	32.89	32.06	30.09	27.36	26	24.81
Research & Development	6.76	4.98	9.47	10.58	8.07	10.22
Other Operating Expenses	10.08	4.11	4.74	2.75	3.46	4.34
Operating Expenses	60.39	51	48.71	40.73	33.84	38.11
Operating Income	54.14	33.15	70.05	7.88	47.14	47.61
Interest Expense	-0.01	-0.01	-0.04	-0.06	-0.09	-0.12
Interest & Investment Income	5.69	6.36	8.76	11.18	10.24	11.65
Currency Exchange Gain (Loss)	-0.14	-0.14	0.02	-0.08	-0.51	0.2
Other Non Operating Income (Expenses)	-0.08	-0.03	-0.13	-0.1	-0.04	-0.07
EBT Excluding Unusual Items	59.6	39.33	78.65	18.82	56.74	59.26
Gain (Loss) on Sale of Investments	4	4.48	3.05	3.04	3.6	0.63
Gain (Loss) on Sale of Assets	0.04	0.04	-	-	-	0.01
Asset Writedown	-3.28	-0.09	-	-	-	-0
Other Unusual Items	7.5	7.74	0.81	2.38	2.74	0.82
Pretax Income	67.86	51.5	82.5	24.24	63.08	60.72
Income Tax Expense	8.78	7.36	11.25	2.15	8.09	7.21
Earnings From Continuing Operations	59.07	44.14	71.25	22.09	55	53.51
Minority Interest in Earnings	0.07	0.08	0.07	-0.07	-0.02	-0.13
Net Income	59.14	44.23	71.32	22.02	54.98	53.38
Net Income to Common	59.14	44.23	71.32	22.02	54.98	53.38
Net Income Growth	-8.54%	-37.99%	223.92%	-59.95%	3.00%	82.66%
Shares Outstanding (Basic)	320	320	320	320	320	320
Shares Outstanding (Diluted)	320	320	320	320	320	320
Shares Change (YoY)	0.01%	0.01%	-0.02%	0.07%	-0.06%	9.07%
EPS (Basic)	0.18	0.14	0.22	0.07	0.17	0.17
EPS (Diluted)	0.18	0.14	0.22	0.07	0.17	0.17
EPS Growth	-8.55%	-38.00%	223.98%	-59.98%	3.06%	67.47%
Free Cash Flow	-43.36	8.59	-10.03	29.43	93.71	-3.69
Free Cash Flow Per Share	-0.14	0.03	-0.03	0.09	0.29	-0.01
Dividend Per Share	0.049	0.049	0.048	0.012	0.031	0.030
Dividend Growth	3.35%	3.35%	297.71%	-61.19%	3.33%	76.47%
Gross Margin	50.99%	44.89%	55.36%	41.60%	46.07%	48.11%
Operating Margin	24.10%	17.69%	32.65%	6.74%	26.82%	26.72%
Profit Margin	26.33%	23.59%	33.25%	18.84%	31.28%	29.96%
Free Cash Flow Margin	-19.31%	4.58%	-4.68%	25.18%	53.31%	-2.07%
EBITDA	63.18	42.27	79.45	17.51	58.58	59.63
EBITDA Margin	28.13%	22.55%	37.04%	14.98%	33.32%	33.47%
D&A For EBITDA	9.04	9.12	9.4	9.62	11.43	12.02
EBIT	54.14	33.15	70.05	7.88	47.14	47.61
EBIT Margin	24.10%	17.69%	32.65%	6.74%	26.82%	26.72%
Effective Tax Rate	12.95%	14.28%	13.64%	8.87%	12.82%	11.88%
Revenue as Reported	224.6	187.47	214.52	116.85	175.79	178.18

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