SHE:301007 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	649.1	641.11	687.32	643.93	573.63	508.95
Other Revenue	2.69	2.69	3.13	2.72	2.52	3.2
Revenue	651.79	643.8	690.44	646.65	576.14	512.15
Revenue Growth (YoY)	-3.09%	-6.76%	6.77%	12.24%	12.50%	15.38%
Cost of Revenue	515.04	511.05	556.14	515.13	458.42	396.09
Gross Profit	136.75	132.75	134.3	131.53	117.73	116.06
Selling, General & Admin	49.71	47.7	47.88	42.73	36.57	37.12
Research & Development	32.27	32.04	29.69	29.77	28.55	27.12
Other Operating Expenses	5.28	4.49	3.81	2.82	5.74	4.22
Operating Expenses	86.36	83.32	79.77	76.73	73.01	68.25
Operating Income	50.39	49.42	54.54	54.8	44.71	47.82
Interest Expense	-1.99	-1.89	-2.07	-2.84	-3.72	-5.48
Interest & Investment Income	1.86	2.09	2.04	1.73	1.22	0.65
Currency Exchange Gain (Loss)	1.45	1.45	1	2.14	3.54	-2.62
Other Non Operating Income (Expenses)	-3.98	-0.11	-0.17	-0.28	-0.16	-0.93
EBT Excluding Unusual Items	47.73	50.96	55.34	55.56	45.6	39.44
Gain (Loss) on Sale of Assets	-0.12	-0.11	-0.08	0.02	-0.03	0.01
Asset Writedown	-0.54	-0.54	-0.84	-0	-0.06	-0
Other Unusual Items	5.19	5.08	3.96	2.23	4.77	14.36
Pretax Income	52.27	55.4	58.38	57.81	50.28	53.8
Income Tax Expense	2.59	3.72	4.4	4.46	3.36	4.39
Net Income	49.67	51.68	53.98	53.35	46.92	49.41
Net Income to Common	49.67	51.68	53.98	53.35	46.92	49.41
Net Income Growth	-4.20%	-4.25%	1.18%	13.71%	-5.05%	-2.64%
Shares Outstanding (Basic)	150	152	154	152	151	134
Shares Outstanding (Diluted)	150	152	154	152	151	134
Shares Change (YoY)	-1.52%	-1.44%	1.18%	0.71%	13.33%	15.78%
EPS (Basic)	0.33	0.34	0.35	0.35	0.31	0.37
EPS (Diluted)	0.33	0.34	0.35	0.35	0.31	0.37
EPS Growth	-2.72%	-2.86%	-	12.90%	-16.22%	-15.91%
Free Cash Flow	75.9	77.96	65.68	17.32	49.47	-81.21
Free Cash Flow Per Share	0.51	0.51	0.43	0.11	0.33	-0.61
Dividend Per Share	0.070	0.070	0.230	0.150	0.150	0.100
Dividend Growth	-69.56%	-69.56%	53.33%	-	50.00%	-
Gross Margin	20.98%	20.62%	19.45%	20.34%	20.43%	22.66%
Operating Margin	7.73%	7.68%	7.90%	8.48%	7.76%	9.34%
Profit Margin	7.62%	8.03%	7.82%	8.25%	8.14%	9.65%
Free Cash Flow Margin	11.65%	12.11%	9.51%	2.68%	8.59%	-15.86%
EBITDA	105.86	104.77	109.38	105.44	89.06	87.17
EBITDA Margin	16.24%	16.27%	15.84%	16.30%	15.46%	17.02%
D&A For EBITDA	55.48	55.35	54.85	50.63	44.34	39.36
EBIT	50.39	49.42	54.54	54.8	44.71	47.82
EBIT Margin	7.73%	7.68%	7.90%	8.48%	7.76%	9.34%
Effective Tax Rate	4.96%	6.71%	7.54%	7.71%	6.69%	8.16%
Revenue as Reported	651.79	643.8	690.44	646.65	576.14	512.15

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