SHE:301038 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	783.82	706.46	697.51	860.91	860.16
Other Revenue	-	148.26	71.53	70.81	74.66
Revenue	783.82	854.73	769.04	931.72	934.82
Revenue Growth (YoY)	-8.30%	11.14%	-17.46%	-0.33%	8.25%
Cost of Revenue	531.11	613.71	555.94	668.08	608.44
Gross Profit	252.71	241.01	213.1	263.64	326.38
Selling, General & Admin	114.13	118.46	120.92	127.11	126.72
Research & Development	44.71	38.25	38.56	36.92	40.05
Other Operating Expenses	2.53	3.34	0.87	-0.6	1.25
Operating Expenses	161.37	197.47	288.04	327.82	226.22
Operating Income	91.34	43.54	-74.94	-64.18	100.16
Interest Expense	-	-1.03	-1.32	-1.43	-1.87
Interest & Investment Income	1.31	9.13	12.09	11.35	9.28
Other Non Operating Income (Expenses)	-2.7	-0.25	0.31	-0.85	-1.2
EBT Excluding Unusual Items	89.94	51.38	-63.86	-55.11	106.37
Gain (Loss) on Sale of Investments	0.08	-	-	-	-
Gain (Loss) on Sale of Assets	0	0	0.01	-0.02	-0.1
Asset Writedown	-37.96	-1.09	-0.09	-0.05	-
Legal Settlements	-	-	-	5.17	-
Other Unusual Items	-	1.99	18.66	3.88	12.29
Pretax Income	52.07	52.29	-45.29	-46.12	118.56
Income Tax Expense	-0.64	-0.55	-15.66	-16.81	12.42
Earnings From Continuing Operations	52.71	52.83	-29.63	-29.31	106.14
Minority Interest in Earnings	0	-0	-0.04	0	-
Net Income	52.71	52.83	-29.66	-29.31	106.14
Net Income to Common	52.71	52.83	-29.66	-29.31	106.14
Net Income Growth	-0.23%	-	-	-	13.56%
Shares Outstanding (Basic)	223	223	223	223	191
Shares Outstanding (Diluted)	223	223	223	223	191
Shares Change (YoY)	-0.02%	0.03%	0.00%	17.05%	13.40%
EPS (Basic)	0.24	0.24	-0.13	-0.13	0.56
EPS (Diluted)	0.24	0.24	-0.13	-0.13	0.56
EPS Growth	-0.21%	-	-	-	0.14%
Free Cash Flow	41.87	99.54	18.9	9.66	-5.36
Free Cash Flow Per Share	0.19	0.45	0.09	0.04	-0.03
Dividend Per Share	-	0.071	-	-	0.191
Gross Margin	32.24%	28.20%	27.71%	28.30%	34.91%
Operating Margin	11.65%	5.09%	-9.74%	-6.89%	10.71%
Profit Margin	6.73%	6.18%	-3.86%	-3.15%	11.35%
Free Cash Flow Margin	5.34%	11.65%	2.46%	1.04%	-0.57%
EBITDA	111.21	61.26	-45.67	-9.23	159.07
EBITDA Margin	14.19%	7.17%	-5.94%	-0.99%	17.02%
D&A For EBITDA	19.87	17.72	29.27	54.95	58.91
EBIT	91.34	43.54	-74.94	-64.18	100.16
EBIT Margin	11.65%	5.09%	-9.74%	-6.89%	10.71%
Effective Tax Rate	-	-	-	-	10.47%
Revenue as Reported	-	854.73	769.04	931.72	934.82
Advertising Expenses	-	0.29	0.87	0.82	0.86

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