SHE:301389 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	Mar '26 Mar 31, 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	597.66	504.25	287.64	263.9	375.8	428.25
Other Revenue	-	-	0.3	1.45	0.65	0.09
Revenue	597.66	504.25	287.94	265.36	376.45	428.34
Revenue Growth (YoY)	97.75%	75.12%	8.51%	-29.51%	-12.12%	0.70%
Cost of Revenue	301.18	248.87	158	153.56	172.99	160.24
Gross Profit	296.48	255.38	129.95	111.8	203.46	268.1
Selling, General & Admin	112.79	87.02	45.72	34.96	22.88	26.86
Research & Development	41.05	34.16	25.27	24.06	21.59	21.39
Other Operating Expenses	2.11	1.33	2.59	1.8	3.4	4.22
Operating Expenses	155.95	122.51	73.97	59.49	45.55	52.1
Operating Income	140.53	132.87	55.98	52.31	157.91	216
Interest Expense	-	-	-0.62	-0.65	-0.33	-0.27
Interest & Investment Income	18.42	13.84	37	54.85	22.57	9.16
Currency Exchange Gain (Loss)	-	-	2.45	3.42	16.46	-2.64
Other Non Operating Income (Expenses)	0.64	6.32	-0.13	-0.1	-0.19	-0.04
EBT Excluding Unusual Items	159.58	153.03	94.68	109.84	196.42	222.22
Gain (Loss) on Sale of Investments	-4.79	-2.61	0.16	1.48	1.33	0.3
Gain (Loss) on Sale of Assets	0.29	0.16	0.01	-0	0.04	0
Asset Writedown	-12.8	-9.34	-0	-0.01	-0.07	-
Other Unusual Items	-	-	2.03	2.28	0.07	7.64
Pretax Income	142.29	141.25	96.87	113.59	197.79	230.16
Income Tax Expense	26.58	26.61	14.64	16.83	28.93	32.48
Earnings From Continuing Operations	115.71	114.64	82.23	96.76	168.86	197.68
Minority Interest in Earnings	-15.69	-10.86	-	-	-	-
Net Income	100.02	103.78	82.23	96.76	168.86	197.68
Net Income to Common	100.02	103.78	82.23	96.76	168.86	197.68
Net Income Growth	5.18%	26.20%	-15.02%	-42.70%	-14.58%	18.63%
Shares Outstanding (Basic)	286	280	284	285	225	213
Shares Outstanding (Diluted)	286	280	284	285	225	213
Shares Change (YoY)	-0.18%	-1.09%	-0.36%	26.41%	5.92%	8.43%
EPS (Basic)	0.35	0.37	0.29	0.34	0.75	0.93
EPS (Diluted)	0.35	0.37	0.29	0.34	0.75	0.93
EPS Growth	5.36%	27.59%	-14.71%	-54.67%	-19.36%	9.41%
Free Cash Flow	99.68	54.57	6.31	-18.66	156.29	189.4
Free Cash Flow Per Share	0.35	0.20	0.02	-0.07	0.69	0.89
Dividend Per Share	-	-	0.250	0.300	0.700	-
Dividend Growth	-	-	-16.67%	-57.14%	-	-
Gross Margin	49.61%	50.65%	45.13%	42.13%	54.05%	62.59%
Operating Margin	23.51%	26.35%	19.44%	19.71%	41.95%	50.43%
Profit Margin	16.74%	20.58%	28.56%	36.46%	44.86%	46.15%
Free Cash Flow Margin	16.68%	10.82%	2.19%	-7.03%	41.52%	44.22%
EBITDA	185.96	172.49	72.33	61.24	165.5	222.42
EBITDA Margin	31.11%	34.21%	25.12%	23.08%	43.96%	51.92%
D&A For EBITDA	45.43	39.62	16.35	8.93	7.59	6.41
EBIT	140.53	132.87	55.98	52.31	157.91	216
EBIT Margin	23.51%	26.35%	19.44%	19.71%	41.95%	50.43%
Effective Tax Rate	18.68%	18.84%	15.11%	14.81%	14.63%	14.11%
Revenue as Reported	-	-	287.94	265.36	376.45	428.34

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