SHE:301499 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	Dec '21 Dec 31, 2021
Operating Revenue	962.83	803.59	727.85	682.57	655.34
Other Revenue	-	39.57	30.89	24.33	24.39
Revenue	962.83	843.17	758.74	706.9	679.73
Revenue Growth (YoY)	14.19%	11.13%	7.33%	4.00%	22.61%
Cost of Revenue	906.97	666.26	571	532.77	523.59
Gross Profit	55.86	176.91	187.75	174.13	156.14
Selling, General & Admin	-	78.21	61.8	53.19	52.72
Research & Development	-	56.79	46.73	35.83	30.92
Other Operating Expenses	-	1.7	3.05	4.72	4.12
Operating Expenses	-	138.15	115.44	95.67	88.08
Operating Income	55.86	38.76	72.31	78.46	68.06
Interest Expense	-	-2.13	-8.41	-11.98	-8.99
Interest & Investment Income	-	4.7	1.63	0.09	0.09
Currency Exchange Gain (Loss)	-	0.2	0.96	0.67	-3.48
Other Non Operating Income (Expenses)	0.04	-0.29	-0.25	-0.27	-0.42
EBT Excluding Unusual Items	55.89	41.24	66.23	66.97	55.26
Gain (Loss) on Sale of Investments	-	3.87	2.79	-0.18	-0.18
Gain (Loss) on Sale of Assets	-	-0.02	-	-	-
Asset Writedown	-	-1.28	-0.51	-0.08	-0.48
Other Unusual Items	-	4.35	5.08	2.12	6.59
Pretax Income	55.89	48.16	73.59	68.84	61.19
Income Tax Expense	2.96	2.86	9.39	1.25	5.78
Earnings From Continuing Operations	52.94	45.3	64.2	67.58	55.41
Minority Interest in Earnings	-	-	-	-	0.74
Net Income	52.94	45.3	64.2	67.58	56.15
Net Income to Common	52.94	45.3	64.2	67.58	56.15
Net Income Growth	16.85%	-29.44%	-5.01%	20.37%	49.36%
Shares Outstanding (Basic)	139	137	119	104	104
Shares Outstanding (Diluted)	139	137	119	104	104
Shares Change (YoY)	1.48%	15.47%	14.66%	-	-
EPS (Basic)	0.38	0.33	0.54	0.65	0.54
EPS (Diluted)	0.38	0.33	0.54	0.65	0.54
EPS Growth	15.15%	-38.89%	-16.92%	20.37%	48.95%
Free Cash Flow	-	-66.41	3.6	20.3	-22.86
Free Cash Flow Per Share	-	-0.48	0.03	0.20	-0.22
Dividend Per Share	-	0.100	0.140	-	-
Dividend Growth	-	-28.57%	-	-	-
Gross Margin	5.80%	20.98%	24.74%	24.63%	22.97%
Operating Margin	5.80%	4.60%	9.53%	11.10%	10.01%
Profit Margin	5.50%	5.37%	8.46%	9.56%	8.26%
Free Cash Flow Margin	-	-7.88%	0.47%	2.87%	-3.36%
EBITDA	110.83	93.73	126.33	129.63	115.71
EBITDA Margin	11.51%	11.12%	16.65%	18.34%	17.02%
D&A For EBITDA	54.97	54.97	54.02	51.17	47.65
EBIT	55.86	38.76	72.31	78.46	68.06
EBIT Margin	5.80%	4.60%	9.53%	11.10%	10.01%
Effective Tax Rate	5.29%	5.93%	12.76%	1.82%	9.44%
Revenue as Reported	-	843.17	758.74	706.9	-

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