SHE:300897 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	539.79	561.65	644.94	642.86	558.79	483.83
Other Revenue	20.84	20.84	19.15	12.34	5.36	0.2
Revenue	560.63	582.49	664.09	655.2	564.15	484.03
Revenue Growth (YoY)	-12.45%	-12.29%	1.36%	16.14%	16.55%	27.12%
Cost of Revenue	372.17	381.1	389.54	386.34	331.44	265.54
Gross Profit	188.46	201.39	274.56	268.86	232.71	218.49
Selling, General & Admin	121.11	129.97	130.05	119.67	103.76	90.87
Research & Development	48.76	50.63	57	56.89	46.75	38.07
Other Operating Expenses	-4.97	-4.63	-16.28	-13.22	-15.94	-10.43
Operating Expenses	182.32	193.4	190.79	174.38	154.47	133.55
Operating Income	6.14	8	83.77	94.48	78.24	84.94
Interest Expense	-0.04	-0.04	-0.06	-0.06	-1.2	-0.49
Interest & Investment Income	4.39	3.36	1.29	2.05	5.17	9.7
Currency Exchange Gain (Loss)	-0	-0	-	-	-	-
Other Non Operating Income (Expenses)	-2.79	0.32	-0.99	0.21	-1.52	-0.28
EBT Excluding Unusual Items	7.69	11.64	84.01	96.69	80.7	93.86
Gain (Loss) on Sale of Investments	0.01	0.05	0.6	1.67	2.29	0.63
Gain (Loss) on Sale of Assets	0.28	0.27	0.04	0.08	0.05	0.07
Asset Writedown	-0.18	-0.38	-0	-0	-	-0
Other Unusual Items	3.29	3.29	4.81	3.01	4.81	5.43
Pretax Income	11.08	14.87	89.45	101.46	87.85	99.99
Income Tax Expense	-3.39	-2.01	8.68	8.59	6.89	10.21
Earnings From Continuing Operations	14.46	16.88	80.77	92.86	80.97	89.78
Minority Interest in Earnings	0.61	0.84	0.68	-0.01	-	-
Net Income	15.08	17.72	81.45	92.85	80.97	89.78
Net Income to Common	15.08	17.72	81.45	92.85	80.97	89.78
Net Income Growth	-79.70%	-78.25%	-12.28%	14.68%	-9.81%	28.57%
Shares Outstanding (Basic)	137	136	140	141	141	141
Shares Outstanding (Diluted)	137	136	140	141	141	141
Shares Change (YoY)	-0.91%	-2.96%	-0.62%	0.23%	0.05%	22.71%
EPS (Basic)	0.11	0.13	0.58	0.66	0.57	0.64
EPS (Diluted)	0.11	0.13	0.58	0.66	0.57	0.64
EPS Growth	-79.52%	-77.59%	-11.73%	14.42%	-9.86%	4.77%
Free Cash Flow	75.76	56.18	6.35	-3.49	-54.39	-82.91
Free Cash Flow Per Share	0.56	0.41	0.04	-0.03	-0.39	-0.59
Dividend Per Share	0.050	0.050	0.429	0.286	0.290	0.338
Dividend Growth	-91.67%	-88.33%	50.02%	-1.35%	-14.27%	16.64%
Gross Margin	33.62%	34.57%	41.34%	41.03%	41.25%	45.14%
Operating Margin	1.09%	1.37%	12.61%	14.42%	13.87%	17.55%
Profit Margin	2.69%	3.04%	12.26%	14.17%	14.35%	18.55%
Free Cash Flow Margin	13.51%	9.65%	0.95%	-0.53%	-9.64%	-17.13%
EBITDA	23.78	25.69	101.67	109.03	88.08	91.04
EBITDA Margin	4.24%	4.41%	15.31%	16.64%	15.61%	18.81%
D&A For EBITDA	17.64	17.69	17.9	14.55	9.84	6.1
EBIT	6.14	8	83.77	94.48	78.24	84.94
EBIT Margin	1.09%	1.37%	12.61%	14.42%	13.87%	17.55%
Effective Tax Rate	-	-	9.70%	8.47%	7.84%	10.21%
Revenue as Reported	582.49	582.49	664.09	655.2	564.15	484.03

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