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	Jun '26 Jun 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	689.12	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	703.92	721.14	667.23	567.01	492.28	445.15
Revenue Growth	-2.95%	8.08%	17.68%	15.18%	10.59%	5.50%
Cost of Revenue	473.81	485.34	440.98	374.14	327.76	291.56
Gross Profit	230.11	235.8	226.25	192.87	164.52	153.59
Selling, General & Admin	113.32	111.88	96.3	77.86	66.5	62.98
Research & Development	28.9	28.08	20.92	17.98	15.11	13.67
Other Operating Expenses	9.86	2.87	3.31	2.34	3.87	4.18
Operating Expenses	128.09	118.84	125.62	106.38	96.22	82.21
Operating Income	102.02	116.96	100.63	86.49	68.3	71.38
Interest Expense	-0.13	-0.13	-0.04	-0.03	-0.24	-2.06
Interest & Investment Income	6.93	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)	-2.53	0.08	-0.47	-0.34	-0.71	-0.86
EBT Excluding Unusual Items	102.94	121.45	105.41	98.02	81.24	67.4
Gain (Loss) on Sale of Investments	8.48	7.82	7.15	1.05	2.18	-
Gain (Loss) on Sale of Assets	1.51	0.03	0.75	1.15	0.3	0.23
Asset Writedown	0.04	-0.08	-0.06	-0.3	-0.28	-0.23
Other Unusual Items	6.7	6.7	0.63	0.08	2.48	3.92
Pretax Income	119.67	135.92	113.89	100	85.92	71.32
Income Tax Expense	16.15	18.48	14.46	13.26	9.42	8.92
Earnings From Continuing Operations	103.52	117.43	99.43	86.73	76.5	62.41
Minority Interest in Earnings	-0.46	-0.83	-0.23	-	-	-
Net Income	103.05	116.61	99.19	86.73	76.5	62.41
Net Income to Common	103.05	116.61	99.19	86.73	76.5	62.41
Net Income Growth	-5.81%	17.55%	14.37%	13.38%	22.58%	3.62%
Shares Outstanding (Basic)	194	192	192	194	191	147
Shares Outstanding (Diluted)	194	192	192	194	191	147
Shares Change	16.68%	-0.30%	-0.99%	1.64%	29.66%	-0.15%
EPS (Basic)	0.53	0.61	0.52	0.45	0.40	0.42
EPS (Diluted)	0.53	0.61	0.52	0.45	0.40	0.42
EPS Growth	-19.27%	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	Jun '26 Jun 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	-21.88	133.5	184.86	55.76	-20.5	30.44
Free Cash Flow Per Share	-0.11	0.70	0.96	0.29	-0.11	0.21
Dividend Per Share	0.262	0.262	0.238	0.235	0.123	0.092
Dividend Growth	9.64%	9.64%	1.49%	90.90%	33.37%	-
Gross Margin	32.69%	32.70%	33.91%	34.02%	33.42%	34.50%
Operating Margin	14.49%	16.22%	15.08%	15.25%	13.87%	16.04%
Profit Margin	14.64%	16.17%	14.87%	15.30%	15.54%	14.02%
Free Cash Flow Margin	-3.11%	18.51%	27.71%	9.83%	-4.16%	6.84%
EBITDA	132.29	141.03	119.13	102.82	86	92.31
EBITDA Margin	18.79%	19.56%	17.85%	18.13%	17.47%	20.74%
D&A For EBITDA	30.28	24.07	18.5	16.33	17.7	20.93
EBIT	102.02	116.96	100.63	86.49	68.3	71.38
EBIT Margin	14.49%	16.22%	15.08%	15.25%	13.87%	16.04%
Effective Tax Rate	13.50%	13.60%	12.70%	13.26%	10.97%	12.50%
Revenue as Reported	721.14	721.14	667.23	567.01	492.28	445.15