SHE:301259 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	270.08	182.35	177.9	475.81	521.76
Other Revenue	-	2.28	-	-	-
Revenue	270.08	184.63	177.9	475.81	521.76
Revenue Growth (YoY)	46.28%	3.78%	-62.61%	-8.80%	6.09%
Cost of Revenue	186.7	134.68	135	300.83	373.64
Gross Profit	83.38	49.95	42.89	174.98	148.11
Selling, General & Admin	45.64	46.5	39.9	41.89	36.74
Research & Development	10.48	12.77	17.24	17.47	19.9
Other Operating Expenses	1.25	1.4	1.33	1.5	1.13
Operating Expenses	57.37	111.28	84.47	90.23	73.51
Operating Income	26.01	-61.33	-41.57	84.75	74.6
Interest Expense	-	-9.12	-4.71	-4.69	-1.98
Interest & Investment Income	40.23	13.64	10.41	6.57	0.92
Other Non Operating Income (Expenses)	-24.76	-3.06	0.4	-2.43	-0.34
EBT Excluding Unusual Items	41.49	-59.87	-35.47	84.21	73.2
Impairment of Goodwill	-	-	-1.79	-	-
Gain (Loss) on Sale of Investments	2.61	1.15	0.64	0.22	-
Gain (Loss) on Sale of Assets	-0.2	1.99	0.03	-	-
Asset Writedown	-2	-2.98	-0.35	-0.25	-
Other Unusual Items	-	17.68	3.25	0.21	7.74
Pretax Income	41.9	-42.04	-33.69	84.39	80.93
Income Tax Expense	-1.56	-10.68	-6.09	10.22	9.91
Earnings From Continuing Operations	43.46	-31.37	-27.6	74.17	71.03
Minority Interest in Earnings	-13.36	0.52	0.04	-0.21	-0.38
Net Income	30.1	-30.84	-27.55	73.96	70.65
Net Income to Common	30.1	-30.84	-27.55	73.96	70.65
Net Income Growth	-	-	-	4.69%	19.94%
Shares Outstanding (Basic)	156	156	141	143	117
Shares Outstanding (Diluted)	156	156	141	143	117
Shares Change (YoY)	-0.03%	10.64%	-1.32%	22.13%	0.00%
EPS (Basic)	0.19	-0.20	-0.20	0.52	0.60
EPS (Diluted)	0.19	-0.20	-0.20	0.52	0.60
EPS Growth	-	-	-	-14.28%	20.76%
Free Cash Flow	-11.19	-36.98	-0.23	-168.82	-36.16
Free Cash Flow Per Share	-0.07	-0.24	-0.00	-1.18	-0.31
Dividend Per Share	-	-	-	0.254	-
Gross Margin	30.87%	27.05%	24.11%	36.78%	28.39%
Operating Margin	9.63%	-33.22%	-23.37%	17.81%	14.30%
Profit Margin	11.14%	-16.71%	-15.49%	15.54%	13.54%
Free Cash Flow Margin	-4.14%	-20.03%	-0.13%	-35.48%	-6.93%
EBITDA	58.49	-54.01	-37.83	87.22	75.79
EBITDA Margin	21.65%	-29.25%	-21.27%	18.33%	14.53%
D&A For EBITDA	32.47	7.32	3.74	2.47	1.19
EBIT	26.01	-61.33	-41.57	84.75	74.6
EBIT Margin	9.63%	-33.22%	-23.37%	17.81%	14.30%
Effective Tax Rate	-	-	-	12.11%	12.24%
Revenue as Reported	-	184.63	177.9	475.81	521.76

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