SHE:301130 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	234.84	255.25	225.14	255.4	285.14
Other Revenue	-	1.16	0.35	0.07	0.51
Revenue	234.84	256.41	225.49	255.47	285.66
Revenue Growth (YoY)	-8.41%	13.71%	-11.73%	-10.57%	-0.23%
Cost of Revenue	55.74	61.16	45.52	47.42	46.98
Gross Profit	179.1	195.24	179.97	208.05	238.68
Selling, General & Admin	148.24	144.9	142.24	153.66	168.88
Research & Development	11.25	10.22	8.7	11.74	13.31
Other Operating Expenses	2.47	4.97	5.88	6.42	7.92
Operating Expenses	161.96	160.74	156.29	171.77	190.43
Operating Income	17.14	34.5	23.69	36.28	48.25
Interest Expense	-	-0.07	-0.05	-	-
Interest & Investment Income	3	6.82	13.35	11.36	3.85
Other Non Operating Income (Expenses)	0.92	-0.06	-0.05	-0.01	-0.04
EBT Excluding Unusual Items	21.05	41.2	36.93	47.63	52.05
Gain (Loss) on Sale of Investments	0.94	0.74	3.15	1.17	-
Gain (Loss) on Sale of Assets	-	-0.5	1.87	-	-
Asset Writedown	-0.99	-0	-0.17	-0	-0.17
Other Unusual Items	-	5.08	16.53	1.64	7.32
Pretax Income	21	46.51	58.31	50.43	59.21
Income Tax Expense	1.1	6.25	7.81	9.71	7.19
Earnings From Continuing Operations	19.9	40.27	50.5	40.72	52.02
Minority Interest in Earnings	2	-	-	-	-
Net Income	21.9	40.27	50.5	40.72	52.02
Net Income to Common	21.9	40.27	50.5	40.72	52.02
Net Income Growth	-45.62%	-20.26%	24.01%	-21.71%	4.58%
Shares Outstanding (Basic)	76	78	81	77	61
Shares Outstanding (Diluted)	76	78	81	77	61
Shares Change (YoY)	-1.74%	-3.66%	4.35%	27.78%	-0.00%
EPS (Basic)	0.29	0.52	0.63	0.53	0.86
EPS (Diluted)	0.29	0.52	0.63	0.53	0.86
EPS Growth	-44.66%	-17.23%	18.84%	-38.73%	4.58%
Free Cash Flow	-17.44	-80.73	-68.79	12.83	37.83
Free Cash Flow Per Share	-0.23	-1.04	-0.85	0.17	0.62
Dividend Per Share	-	0.260	0.260	0.160	0.130
Dividend Growth	-	-	62.50%	23.08%	-
Gross Margin	76.26%	76.15%	79.81%	81.44%	83.55%
Operating Margin	7.30%	13.46%	10.50%	14.20%	16.89%
Profit Margin	9.32%	15.71%	22.40%	15.94%	18.21%
Free Cash Flow Margin	-7.43%	-31.49%	-30.51%	5.02%	13.24%
EBITDA	52.4	56.92	42.23	54.77	66.96
EBITDA Margin	22.31%	22.20%	18.73%	21.44%	23.44%
D&A For EBITDA	35.26	22.42	18.55	18.49	18.71
EBIT	17.14	34.5	23.69	36.28	48.25
EBIT Margin	7.30%	13.46%	10.50%	14.20%	16.89%
Effective Tax Rate	5.23%	13.43%	13.39%	19.25%	12.14%
Revenue as Reported	-	256.41	225.49	255.47	285.66

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