SHE:301181 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	492.91	540.45	503.28	559.35	505.05	466.66
Other Revenue	9.01	9.01	10.43	11.6	12.79	12.06
Revenue	501.92	549.46	513.71	570.95	517.84	478.72
Revenue Growth	-8.98%	6.96%	-10.03%	10.26%	8.17%	-24.28%
Cost of Revenue	352.01	373.57	345.2	376.04	348.16	328.45
Gross Profit	149.92	175.88	168.51	194.91	169.68	150.27
Selling, General & Admin	32.85	34.15	31.87	28.47	25.1	16.41
Research & Development	28.19	28.11	27.79	24.02	23.01	20.51
Other Operating Expenses	5.55	2.17	0.66	1.17	2.39	2.77
Operating Expenses	68.17	65.68	64.89	54.98	50.21	38.75
Operating Income	81.74	110.2	103.62	139.93	119.46	111.52
Interest Expense	-0.07	-0.23	-0.11	-0	-	-0.16
Interest & Investment Income	22.37	24.16	32.6	25.67	15.66	2.04
Currency Exchange Gain (Loss)	-1.14	-1.14	0.12	0.87	1.35	1.59
Other Non Operating Income (Expenses)	-2.71	-0.19	-0.17	-0.12	-0.09	-0.11
EBT Excluding Unusual Items	100.19	132.79	136.05	166.35	136.38	114.89
Gain (Loss) on Sale of Investments	-0.37	0.41	0.88	3.96	1.97	-
Gain (Loss) on Sale of Assets	-0	0	-0.13	-	0.03	-
Asset Writedown	-0.78	-0.19	-0.18	-0.55	-0.01	-0.21
Other Unusual Items	5.99	3.44	2.64	2.65	0.16	2.82
Pretax Income	105.03	136.46	139.26	172.41	138.53	117.49
Income Tax Expense	14.1	18.8	17.77	23.62	17.36	16.14
Earnings From Continuing Operations	90.92	117.66	121.49	148.79	121.18	101.36
Minority Interest in Earnings	0.6	1.09	0.11	-	-	-
Net Income	91.53	118.75	121.6	148.79	121.18	101.36
Net Income to Common	91.53	118.75	121.6	148.79	121.18	101.36
Net Income Growth	-25.75%	-2.35%	-18.27%	22.79%	19.56%	-18.36%
Shares Outstanding (Basic)	150	150	152	152	146	114
Shares Outstanding (Diluted)	150	150	152	152	146	114
Shares Change	-0.39%	-1.40%	-0.20%	4.43%	27.73%	0.14%
EPS (Basic)	0.61	0.79	0.80	0.98	0.83	0.89
EPS (Diluted)	0.61	0.79	0.80	0.98	0.83	0.89
EPS Growth	-25.45%	-0.96%	-18.11%	17.59%	-6.40%	-18.48%

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	75.32	78.25	85.89	113.22	100.36	71.98
Free Cash Flow Per Share	0.50	0.52	0.56	0.74	0.69	0.63
Dividend Per Share	0.385	0.538	0.500	0.385	0.355	0.355
Dividend Growth	-28.55%	7.70%	30.00%	8.34%	0%	-40.00%
Gross Margin	29.87%	32.01%	32.80%	34.14%	32.77%	31.39%
Operating Margin	16.29%	20.06%	20.17%	24.51%	23.07%	23.30%
Profit Margin	18.23%	21.61%	23.67%	26.06%	23.40%	21.17%
Free Cash Flow Margin	15.01%	14.24%	16.72%	19.83%	19.38%	15.04%
EBITDA	105.39	132.68	124.54	158.62	134.2	124.36
EBITDA Margin	21.00%	24.15%	24.24%	27.78%	25.91%	25.98%
D&A For EBITDA	23.65	22.48	20.92	18.69	14.74	12.84
EBIT	81.74	110.2	103.62	139.93	119.46	111.52
EBIT Margin	16.29%	20.06%	20.17%	24.51%	23.07%	23.30%
Effective Tax Rate	13.43%	13.78%	12.76%	13.70%	12.53%	13.73%
Revenue as Reported	152.28	549.46	513.71	570.95	517.84	478.72