SHE:300916 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	Jun '26 Jun 30, 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	1,502	1,571	1,572	1,013	1,273	946.06
Other Revenue	39.54	32.89	19.94	16.47	18.18	13.97
Revenue	1,541	1,604	1,592	1,029	1,291	960.03
Revenue Growth	2.88%	0.75%	54.70%	-20.31%	34.51%	23.97%
Cost of Revenue	1,304	1,355	1,330	860.67	1,039	742.43
Gross Profit	237.68	249.13	262.01	168.36	252.77	217.6
Selling, General & Admin	78.52	70.59	54.94	42.06	42.04	33.77
Research & Development	73.28	69.38	68.33	53.01	50.04	35.39
Other Operating Expenses	6.44	1.49	1.25	1.96	5.28	4.25
Operating Expenses	168	148.52	133.49	101.22	103.32	73.44
Operating Income	69.67	100.61	128.52	67.15	149.45	144.16
Interest Expense	-10.59	-6.7	-3.7	-6.49	-4.54	-2.45
Interest & Investment Income	29.51	27.98	26.04	25.33	11.87	12.53
Currency Exchange Gain (Loss)	-56.98	-21.19	15.19	11.83	35.42	-5.36
Other Non Operating Income (Expenses)	-0.59	-1.45	-4.05	-0.3	-0.21	-0.2
EBT Excluding Unusual Items	31.02	99.25	162	97.51	191.99	148.68
Gain (Loss) on Sale of Investments	10.35	3.49	5.48	2.88	1.17	1.99
Gain (Loss) on Sale of Assets	0.16	0.45	0.28	1.06	0.06	0.05
Asset Writedown	-0.27	-0.23	-0.25	-0.1	-0.26	-0.54
Other Unusual Items	7.89	7.86	4.91	12.37	7.2	10.31
Pretax Income	49.14	110.82	172.42	113.73	200.16	160.49
Income Tax Expense	3.24	9.43	18.44	6.82	18.68	19.56
Earnings From Continuing Operations	45.9	101.39	153.98	106.91	181.48	140.93
Minority Interest in Earnings	5.02	1.23	0.23	1.6	-0.37	-
Net Income	50.92	102.62	154.21	108.51	181.11	140.93
Net Income to Common	50.92	102.62	154.21	108.51	181.11	140.93
Net Income Growth	-60.43%	-33.45%	42.12%	-40.09%	28.50%	57.88%
Shares Outstanding (Basic)	145	145	144	145	144	144
Shares Outstanding (Diluted)	145	145	144	145	144	144
Shares Change	1.46%	0.29%	-0.39%	0.66%	-0.05%	18.14%
EPS (Basic)	0.35	0.71	1.07	0.75	1.26	0.98
EPS (Diluted)	0.35	0.71	1.07	0.75	1.26	0.98
EPS Growth	-61.00%	-33.65%	42.67%	-40.48%	28.57%	33.64%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	17.88	-32.04	178.3	101.73	146.41	98.33
Free Cash Flow Per Share	0.12	-0.22	1.24	0.70	1.02	0.68
Dividend Per Share	0.300	0.300	0.400	0.300	0.333	0.133
Dividend Growth	-25.00%	-25.00%	33.33%	-9.99%	150.04%	49.94%
Gross Margin	15.42%	15.53%	16.46%	16.36%	19.57%	22.67%
Operating Margin	4.52%	6.27%	8.07%	6.53%	11.57%	15.02%
Profit Margin	3.30%	6.40%	9.69%	10.54%	14.03%	14.68%
Free Cash Flow Margin	1.16%	-2.00%	11.20%	9.89%	11.34%	10.24%
EBITDA	104.35	129.27	154.01	92.25	166	157.07
EBITDA Margin	6.77%	8.06%	9.67%	8.96%	12.86%	16.36%
D&A For EBITDA	34.67	28.66	25.49	25.11	16.55	12.9
EBIT	69.67	100.61	128.52	67.15	149.45	144.16
EBIT Margin	4.52%	6.27%	8.07%	6.53%	11.57%	15.02%
Effective Tax Rate	6.59%	8.51%	10.69%	6.00%	9.33%	12.19%
Revenue as Reported	1,541	1,604	1,592	1,029	1,291	960.03