SHE:301158 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	Sep '26 Sep 30, 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	686.49	706.35	654.32	553.86	480.93	433.04
Other Revenue	14.8	14.8	12.91	13.15	11.35	12.11
Revenue	701.29	721.14	667.23	567.01	492.28	445.15
Revenue Growth	-1.69%	8.08%	17.68%	15.18%	10.59%	5.50%
Cost of Revenue	472.44	485.34	440.98	374.14	327.76	291.56
Gross Profit	228.85	235.8	226.25	192.87	164.52	153.59
Selling, General & Admin	115.16	111.88	96.3	77.86	66.5	62.98
Research & Development	30.64	28.08	20.92	17.98	15.11	13.67
Other Operating Expenses	11.47	2.87	3.31	2.34	3.87	4.18
Operating Expenses	158.94	118.84	125.62	106.38	96.22	82.21
Operating Income	69.91	116.96	100.63	86.49	68.3	71.38
Interest Expense	-0.04	-0.13	-0.04	-0.03	-0.24	-2.06
Interest & Investment Income	5.79	7.88	5.17	10.88	7.22	0.18
Currency Exchange Gain (Loss)	-3.35	-3.35	0.13	1.02	6.68	-1.25
Other Non Operating Income (Expenses)	-4.43	0.08	-0.47	-0.34	-0.71	-0.86
EBT Excluding Unusual Items	67.88	121.45	105.41	98.02	81.24	67.4
Gain (Loss) on Sale of Investments	8.26	7.82	7.15	1.05	2.18	-
Gain (Loss) on Sale of Assets	1.74	0.03	0.75	1.15	0.3	0.23
Asset Writedown	0.07	-0.08	-0.06	-0.3	-0.28	-0.23
Other Unusual Items	6.76	6.7	0.63	0.08	2.48	3.92
Pretax Income	84.71	135.92	113.89	100	85.92	71.32
Income Tax Expense	10.73	18.48	14.46	13.26	9.42	8.92
Earnings From Continuing Operations	73.98	117.43	99.43	86.73	76.5	62.41
Minority Interest in Earnings	-1.57	-0.83	-0.23	-	-	-
Net Income	72.41	116.61	99.19	86.73	76.5	62.41
Net Income to Common	72.41	116.61	99.19	86.73	76.5	62.41
Net Income Growth	-44.79%	17.55%	14.37%	13.38%	22.58%	3.62%
Shares Outstanding (Basic)	225	192	192	194	191	147
Shares Outstanding (Diluted)	225	192	192	194	191	147
Shares Change	42.03%	-0.30%	-0.99%	1.64%	29.66%	-0.15%
EPS (Basic)	0.32	0.61	0.52	0.45	0.40	0.42
EPS (Diluted)	0.32	0.61	0.52	0.45	0.40	0.42
EPS Growth	-61.13%	17.91%	15.51%	11.55%	-5.46%	3.78%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	-43.65	133.5	184.86	55.76	-20.5	30.44
Free Cash Flow Per Share	-0.19	0.70	0.96	0.29	-0.11	0.21
Dividend Per Share	0.234	0.262	0.238	0.235	0.123	0.092
Dividend Growth	-7.92%	9.64%	1.49%	90.90%	33.37%	-
Gross Margin	32.63%	32.70%	33.91%	34.02%	33.42%	34.50%
Operating Margin	9.97%	16.22%	15.08%	15.25%	13.87%	16.04%
Profit Margin	10.32%	16.17%	14.87%	15.30%	15.54%	14.02%
Free Cash Flow Margin	-6.22%	18.51%	27.71%	9.83%	-4.16%	6.84%
EBITDA	98.16	141.03	119.13	102.82	86	92.31
EBITDA Margin	14.00%	19.56%	17.85%	18.13%	17.47%	20.74%
D&A For EBITDA	28.25	24.07	18.5	16.33	17.7	20.93
EBIT	69.91	116.96	100.63	86.49	68.3	71.38
EBIT Margin	9.97%	16.22%	15.08%	15.25%	13.87%	16.04%
Effective Tax Rate	12.67%	13.60%	12.70%	13.26%	10.97%	12.50%
Revenue as Reported	701.29	721.14	667.23	567.01	492.28	445.15