SHE:301119 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	459.22	418.54	414.03	424.93	350.95
Other Revenue	-	3.7	3.38	2.86	3.16
Revenue	459.22	422.24	417.41	427.79	354.11
Revenue Growth (YoY)	8.76%	1.16%	-2.43%	20.81%	25.53%
Cost of Revenue	314.59	288.12	279.93	299.69	260.57
Gross Profit	144.64	134.13	137.48	128.1	93.54
Selling, General & Admin	27.17	26.9	24.51	24.31	21.56
Research & Development	18.12	20.64	18.02	19.07	16.09
Other Operating Expenses	-2.82	2.45	3.89	3.44	2.08
Operating Expenses	42.47	51.15	46.22	47.79	40.77
Operating Income	102.16	82.98	91.26	80.31	52.77
Interest Expense	-	-4.11	-3.41	-0.42	-0.05
Interest & Investment Income	1.63	16.76	20.53	15.47	5.53
Currency Exchange Gain (Loss)	-	1.24	2.3	3.32	-1.09
Other Non Operating Income (Expenses)	29.32	-0.43	-0.12	-0.35	-0.15
EBT Excluding Unusual Items	133.11	96.43	110.55	98.33	57.01
Gain (Loss) on Sale of Investments	-0.05	2.54	-3.42	-0.46	-
Gain (Loss) on Sale of Assets	0.08	-0.11	-0.16	0.01	-0.08
Asset Writedown	-2.86	-0.01	-0	-	-
Other Unusual Items	-	4.69	3.43	12.28	2.16
Pretax Income	130.28	103.54	110.4	110.15	59.09
Income Tax Expense	17.55	13.17	13.57	12.1	6.08
Earnings From Continuing Operations	112.73	90.36	96.83	98.04	53.01
Minority Interest in Earnings	-	0.57	0.09	-	-
Net Income	112.73	90.93	96.92	98.04	53.01
Net Income to Common	112.73	90.93	96.92	98.04	53.01
Net Income Growth	23.98%	-6.18%	-1.15%	84.95%	0.17%
Shares Outstanding (Basic)	104	105	104	105	80
Shares Outstanding (Diluted)	104	105	104	105	80
Shares Change (YoY)	-0.13%	0.29%	-1.15%	31.56%	2.50%
EPS (Basic)	1.08	0.87	0.93	0.93	0.66
EPS (Diluted)	1.08	0.87	0.93	0.93	0.66
EPS Growth	24.14%	-6.45%	-	40.59%	-2.27%
Free Cash Flow	73.69	22.16	76.08	175.89	32.23
Free Cash Flow Per Share	0.71	0.21	0.73	1.67	0.40
Dividend Per Share	-	1.020	0.100	0.115	0.058
Dividend Growth	-	920.00%	-13.35%	100.00%	-
Gross Margin	31.50%	31.77%	32.94%	29.94%	26.41%
Operating Margin	22.25%	19.65%	21.86%	18.77%	14.90%
Profit Margin	24.55%	21.54%	23.22%	22.92%	14.97%
Free Cash Flow Margin	16.05%	5.25%	18.23%	41.12%	9.10%
EBITDA	121.14	99.91	107.56	94.26	64.52
EBITDA Margin	26.38%	23.66%	25.77%	22.03%	18.22%
D&A For EBITDA	18.98	16.93	16.3	13.95	11.75
EBIT	102.16	82.98	91.26	80.31	52.77
EBIT Margin	22.25%	19.65%	21.86%	18.77%	14.90%
Effective Tax Rate	13.47%	12.72%	12.29%	10.99%	10.29%
Revenue as Reported	-	422.24	417.41	427.79	354.11

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