SHE:300882 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	1,422	1,394	933.29	1,105	834.55	498.61
Other Revenue	7.71	7.71	4.1	14.34	9.59	47.68
Revenue	1,430	1,402	937.39	1,119	844.14	546.29
Revenue Growth (YoY)	51.16%	49.56%	-16.25%	32.60%	54.52%	-4.35%
Cost of Revenue	1,102	1,061	631.93	710.61	558.73	385.63
Gross Profit	328.08	341.39	305.46	408.72	285.41	160.66
Selling, General & Admin	131.55	133.44	119.73	111.23	97.36	69.75
Research & Development	85.35	86.12	83.13	58.56	57.18	46.54
Other Operating Expenses	-9.76	-15.1	-10.98	-22.52	-15.31	-5.44
Operating Expenses	208.04	208.74	194.52	147.17	144.79	105.44
Operating Income	120.04	132.66	110.93	261.55	140.62	55.22
Interest Expense	-0.6	-0.37	-0.1	-0.03	-0.07	-0.08
Interest & Investment Income	14.41	14.28	19.39	21.72	6.62	12.28
Currency Exchange Gain (Loss)	-1.75	-1.75	1.12	0.6	1.6	-0.4
Other Non Operating Income (Expenses)	-2.21	-0.43	-0.45	-0.24	-0.35	-0.3
EBT Excluding Unusual Items	129.9	144.39	130.89	283.59	148.42	66.72
Gain (Loss) on Sale of Investments	0.07	0.07	1.33	0.65	-	-
Gain (Loss) on Sale of Assets	0.15	0.15	-	-0	0.06	-
Asset Writedown	-4.77	-0.91	-0.21	-0.38	-0.04	-0.03
Other Unusual Items	7.07	6.51	0.69	3.16	4.35	4.18
Pretax Income	132.41	150.21	132.7	287.02	152.79	70.87
Income Tax Expense	26.31	29.05	13.78	36.93	17.62	5.69
Earnings From Continuing Operations	106.1	121.16	118.92	250.08	135.17	65.18
Minority Interest in Earnings	1.86	1.22	-	-	-	-
Net Income	107.97	122.37	118.92	250.08	135.17	65.18
Net Income to Common	107.97	122.37	118.92	250.08	135.17	65.18
Net Income Growth	-3.56%	2.90%	-52.45%	85.02%	107.39%	-25.37%
Shares Outstanding (Basic)	284	285	283	287	287	285
Shares Outstanding (Diluted)	284	285	283	287	287	285
Shares Change (YoY)	0.98%	0.51%	-1.50%	0.25%	0.57%	23.60%
EPS (Basic)	0.38	0.43	0.42	0.87	0.47	0.23
EPS (Diluted)	0.38	0.43	0.42	0.87	0.47	0.23
EPS Growth	-4.49%	2.38%	-51.72%	84.56%	106.21%	-39.62%
Free Cash Flow	102.95	94.31	115.63	356.54	26.58	5.52
Free Cash Flow Per Share	0.36	0.33	0.41	1.24	0.09	0.02
Dividend Per Share	0.200	0.200	0.050	0.040	0.143	0.036
Dividend Growth	300.00%	300.00%	25.00%	-72.01%	300.28%	-78.34%
Gross Margin	22.94%	24.35%	32.59%	36.52%	33.81%	29.41%
Operating Margin	8.39%	9.46%	11.83%	23.37%	16.66%	10.11%
Profit Margin	7.55%	8.73%	12.69%	22.34%	16.01%	11.93%
Free Cash Flow Margin	7.20%	6.73%	12.34%	31.85%	3.15%	1.01%
EBITDA	160.59	172.82	149.54	298.33	169.32	70.5
EBITDA Margin	11.23%	12.33%	15.95%	26.65%	20.06%	12.91%
D&A For EBITDA	40.54	40.16	38.61	36.78	28.7	15.28
EBIT	120.04	132.66	110.93	261.55	140.62	55.22
EBIT Margin	8.39%	9.46%	11.83%	23.37%	16.66%	10.11%
Effective Tax Rate	19.87%	19.34%	10.39%	12.87%	11.53%	8.03%
Revenue as Reported	1,430	1,402	937.39	1,119	844.14	546.29

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