SHE:301591 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 2016
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	Dec '16 Dec 31, 2016
Operating Revenue	428.79	422.2	400.87	382.25	366.98	132.07
Other Revenue	8.41	8.41	10.71	7.59	5.28	0.94
Revenue	437.21	430.61	411.57	389.84	372.25	133.01
Revenue Growth (YoY)	2.28%	4.63%	5.57%	4.72%	179.87%	0.80%
Cost of Revenue	276.53	267.53	254.33	245.3	236.01	72.99
Gross Profit	160.68	163.08	157.24	144.54	136.25	60.02
Selling, General & Admin	61.81	58.4	52.24	38.46	37.52	38.79
Research & Development	26.39	27.81	25.77	21.55	18.95	-
Other Operating Expenses	2.1	1.48	-0.21	1.95	3.21	1.73
Operating Expenses	92.33	91.83	79.95	64.03	61.05	41.88
Operating Income	68.35	71.25	77.28	80.51	75.2	18.14
Interest Expense	-0.18	-0.16	-0.11	-0.13	-0.24	-1.12
Interest & Investment Income	4.24	4.71	5.03	1.39	0.81	0.6
Currency Exchange Gain (Loss)	-0.06	-0.06	0.54	1.88	6.23	1.86
Other Non Operating Income (Expenses)	-1.27	-0.37	-0.13	0.53	-0.24	-0.06
EBT Excluding Unusual Items	71.06	75.36	82.62	84.18	81.76	19.41
Gain (Loss) on Sale of Assets	-0.16	-0.16	-1.45	-0.21	-0.02	-0.22
Asset Writedown	-0.83	-	-	-	-	-0
Other Unusual Items	1.1	1.05	1.35	2.88	1.9	0.98
Pretax Income	71.18	76.25	82.51	86.86	83.64	20.17
Income Tax Expense	9.97	10.27	10.47	11.56	10.33	4.7
Earnings From Continuing Operations	61.21	65.98	72.04	75.3	73.31	15.47
Net Income	61.21	65.98	72.04	75.3	73.31	15.47
Net Income to Common	61.21	65.98	72.04	75.3	73.31	15.47
Net Income Growth	-20.08%	-8.41%	-4.33%	2.72%	373.94%	-43.96%
Shares Outstanding (Basic)	85	85	81	63	63	50
Shares Outstanding (Diluted)	85	85	81	63	63	50
Shares Change (YoY)	1.07%	4.51%	27.92%	0.13%	26.66%	-
EPS (Basic)	0.72	0.78	0.89	1.19	1.16	0.31
EPS (Diluted)	0.72	0.78	0.89	1.19	1.16	0.31
EPS Growth	-20.93%	-12.36%	-25.21%	2.59%	274.19%	-
Free Cash Flow	10.61	3.62	-54.89	1.35	51.28	3.77
Free Cash Flow Per Share	0.13	0.04	-0.68	0.02	0.81	0.08
Dividend Per Share	0.190	0.190	0.320	0.313	-	-
Dividend Growth	-40.63%	-40.63%	2.24%	-	-	-
Gross Margin	36.75%	37.87%	38.20%	37.08%	36.60%	45.12%
Operating Margin	15.63%	16.55%	18.78%	20.65%	20.20%	13.63%
Profit Margin	14.00%	15.32%	17.50%	19.31%	19.69%	11.63%
Free Cash Flow Margin	2.43%	0.84%	-13.34%	0.34%	13.78%	2.84%
EBITDA	87.2	89.42	92.71	94.82	88.95	19.72
EBITDA Margin	19.95%	20.77%	22.53%	24.32%	23.89%	14.82%
D&A For EBITDA	18.85	18.17	15.42	14.31	13.75	1.58
EBIT	68.35	71.25	77.28	80.51	75.2	18.14
EBIT Margin	15.63%	16.55%	18.78%	20.65%	20.20%	13.63%
Effective Tax Rate	14.01%	13.47%	12.69%	13.31%	12.35%	23.31%
Revenue as Reported	437.21	430.61	411.57	389.84	372.25	133.01

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