SHE:300960 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	509.81	417.6	354.58	289.88	288.49
Other Revenue	-	6.91	4.24	5.68	5.9
Revenue	509.81	424.51	358.81	295.56	294.39
Revenue Growth (YoY)	20.09%	18.31%	21.40%	0.40%	-7.36%
Cost of Revenue	298.81	240.44	208.28	159.28	154.05
Gross Profit	211	184.08	150.53	136.28	140.34
Selling, General & Admin	96.27	79.91	69.82	69.44	60.86
Research & Development	54.35	51.04	45.5	47.92	44.02
Other Operating Expenses	-1.93	-2.18	-1.25	-1.09	-2.28
Operating Expenses	148.69	133	117.97	116.82	104.23
Operating Income	62.31	51.08	32.56	19.47	36.11
Interest Expense	-	-2.11	-2.35	-3.21	-4.32
Interest & Investment Income	0.84	3.57	4.73	6.09	7.45
Currency Exchange Gain (Loss)	-	-0	-	-0	-0
Other Non Operating Income (Expenses)	-7.53	-0.83	0.5	0.92	2.09
EBT Excluding Unusual Items	55.63	51.72	35.44	23.27	41.32
Gain (Loss) on Sale of Assets	-	-	0.02	0.03	0.05
Asset Writedown	-0.4	-0.51	-	-0.01	-
Other Unusual Items	-	2.04	3.76	6.57	6.61
Pretax Income	55.23	53.25	39.23	29.87	47.98
Income Tax Expense	2.47	4.11	3.38	0.46	2.62
Net Income	52.76	49.14	35.84	29.41	45.37
Net Income to Common	52.76	49.14	35.84	29.41	45.37
Net Income Growth	7.36%	37.10%	21.89%	-35.18%	-38.43%
Shares Outstanding (Basic)	143	143	143	142	135
Shares Outstanding (Diluted)	143	143	143	142	135
Shares Change (YoY)	-0.50%	-0.05%	0.97%	5.07%	25.77%
EPS (Basic)	0.37	0.34	0.25	0.21	0.34
EPS (Diluted)	0.37	0.34	0.25	0.21	0.34
EPS Growth	7.90%	37.16%	20.71%	-38.31%	-51.04%
Free Cash Flow	-8.4	42.54	11.13	23.17	-58.61
Free Cash Flow Per Share	-0.06	0.30	0.08	0.16	-0.43
Dividend Per Share	-	0.393	0.429	0.286	0.214
Dividend Growth	-	-8.33%	50.02%	33.32%	-24.99%
Gross Margin	41.39%	43.36%	41.95%	46.11%	47.67%
Operating Margin	12.22%	12.03%	9.08%	6.59%	12.27%
Profit Margin	10.35%	11.58%	9.99%	9.95%	15.41%
Free Cash Flow Margin	-1.65%	10.02%	3.10%	7.84%	-19.91%
EBITDA	78.15	61.25	40.94	26.74	43.59
EBITDA Margin	15.33%	14.43%	11.41%	9.05%	14.81%
D&A For EBITDA	15.83	10.17	8.37	7.27	7.49
EBIT	62.31	51.08	32.56	19.47	36.11
EBIT Margin	12.22%	12.03%	9.08%	6.59%	12.27%
Effective Tax Rate	4.47%	7.72%	8.62%	1.55%	5.45%
Revenue as Reported	-	424.51	358.81	295.56	294.39

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