Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd (SHE:301289)

SHE:301289 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022
Operating Revenue	323.51	315.31	282.47	265.29	198.77	212.23
Other Revenue	18.46	18.46	13.64	11.63	9.9	6.32
Revenue	341.97	333.77	296.11	276.93	208.68	218.55
Revenue Growth (YoY)	10.42%	12.72%	6.93%	32.71%	-4.52%	22.69%
Cost of Revenue	140.66	136.18	118.76	113.12	79.39	82.52
Gross Profit	201.31	197.59	177.35	163.81	129.29	136.03
Selling, General & Admin	59.19	60.96	59.41	56.09	38.04	34.66
Research & Development	32.7	33.41	29.61	23.71	16.08	18.37
Other Operating Expenses	-0.01	-0.23	0.89	0.01	-0.45	-0.81
Operating Expenses	92.84	95.61	90.51	81.21	53.81	52.67
Operating Income	108.47	101.99	86.84	82.61	75.48	83.36
Interest Expense	-4.77	-4.92	-5.51	-5.97	-5.69	-5.24
Interest & Investment Income	7.49	8.88	10.82	10.99	8.58	2.03
Currency Exchange Gain (Loss)	-0.3	-0.3	0.18	0.16	0.65	-0.16
Other Non Operating Income (Expenses)	0.22	0.42	0.02	-0.26	0.04	1.31
EBT Excluding Unusual Items	111.12	106.06	92.36	87.52	79.07	81.3
Gain (Loss) on Sale of Assets	-0.54	-0.54	-	0	0.09	-0.15
Asset Writedown	-0.46	-0.08	-0.04	-0.11	-0.33	-
Other Unusual Items	1.3	1.32	1.19	2.43	6.07	2.95
Pretax Income	111.43	106.77	93.5	89.85	84.89	84.09
Income Tax Expense	14.79	14.63	11.48	11.01	11.28	10.88
Earnings From Continuing Operations	96.64	92.14	82.02	78.84	73.61	73.21
Minority Interest in Earnings	-6.37	-5.9	-6.74	-5.16	-	0
Net Income	90.27	86.24	75.28	73.67	73.61	73.21
Net Income to Common	90.27	86.24	75.28	73.67	73.61	73.21
Net Income Growth	12.60%	14.56%	2.18%	0.09%	0.54%	31.50%
Shares Outstanding (Basic)	77	78	78	78	71	58
Shares Outstanding (Diluted)	77	78	78	78	71	58
Shares Change (YoY)	-0.50%	0.11%	-0.98%	10.74%	21.21%	0.03%
EPS (Basic)	1.17	1.11	0.97	0.94	1.04	1.25
EPS (Diluted)	1.17	1.11	0.97	0.94	1.04	1.25
EPS Growth	13.16%	14.43%	3.19%	-9.62%	-17.05%	31.45%
Free Cash Flow	96.91	93.24	122.16	80.94	51.36	88.87
Free Cash Flow Per Share	1.25	1.20	1.57	1.03	0.73	1.52
Dividend Per Share	0.420	0.420	0.410	0.400	0.385	-
Dividend Growth	2.44%	2.44%	2.50%	4.00%	-	-
Gross Margin	58.87%	59.20%	59.89%	59.15%	61.96%	62.24%
Operating Margin	31.72%	30.56%	29.33%	29.83%	36.17%	38.14%
Profit Margin	26.40%	25.84%	25.42%	26.60%	35.27%	33.50%
Free Cash Flow Margin	28.34%	27.93%	41.25%	29.23%	24.61%	40.66%
EBITDA	137.25	130.11	112.36	105.49	88.67	94.54
EBITDA Margin	40.13%	38.98%	37.95%	38.09%	42.49%	43.26%
D&A For EBITDA	28.78	28.13	25.52	22.88	13.19	11.19
EBIT	108.47	101.99	86.84	82.61	75.48	83.36
EBIT Margin	31.72%	30.56%	29.33%	29.83%	36.17%	38.14%
Effective Tax Rate	13.27%	13.70%	12.28%	12.26%	13.29%	12.94%
Revenue as Reported	341.97	333.77	296.11	276.93	208.68	218.55
Advertising Expenses	-	0.38	0.44	0.54	0.28	-

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