SHE:301595 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,033	1,007	823.02	630.69	617.07
Other Revenue	10.39	12.57	12.26	7.17	5.9
Revenue	1,044	1,020	835.27	637.85	622.98
Revenue Growth (YoY)	2.36%	22.07%	30.95%	2.39%	14.04%
Cost of Revenue	464.65	436.14	344.53	284.22	287.61
Gross Profit	579	583.49	490.75	353.63	335.37
Selling, General & Admin	472.44	449.19	362.31	271.97	255.6
Research & Development	35.4	32.91	28.25	21.24	18.79
Other Operating Expenses	7.02	5.84	6.26	6.63	5.65
Operating Expenses	515.94	488.48	397.63	300.18	280.8
Operating Income	63.06	95.01	93.11	53.45	54.56
Interest Expense	-2.26	-2.18	-3.25	-6.5	-7.55
Interest & Investment Income	7.07	5.26	3.55	2.17	1.5
Currency Exchange Gain (Loss)	-1.74	1.26	0.97	9.9	-0.89
Other Non Operating Income (Expenses)	-0.56	-0.16	-0.45	-0.22	-0.41
EBT Excluding Unusual Items	65.56	99.18	93.92	58.81	47.21
Gain (Loss) on Sale of Investments	2.96	1.54	1.41	-0.27	-
Gain (Loss) on Sale of Assets	0.05	0.28	0.17	1.76	0.07
Asset Writedown	-	-0.04	-0.24	-0.66	-0.03
Other Unusual Items	2.9	0.09	3.15	7.01	1.66
Pretax Income	71.47	101.06	98.41	66.65	48.91
Income Tax Expense	10.01	13.4	13.43	7.77	6.06
Earnings From Continuing Operations	61.46	87.66	84.98	58.87	42.85
Minority Interest in Earnings	-0.02	-0.02	-0.02	-0.04	0
Net Income	61.45	87.64	84.96	58.84	42.85
Net Income to Common	61.45	87.64	84.96	58.84	42.85
Net Income Growth	-29.89%	3.16%	44.40%	37.31%	-41.61%
Shares Outstanding (Basic)	98	81	81	82	79
Shares Outstanding (Diluted)	98	81	81	82	79
Shares Change (YoY)	20.20%	0.29%	-0.98%	2.98%	-
EPS (Basic)	0.63	1.08	1.05	0.72	0.54
EPS (Diluted)	0.63	1.08	1.05	0.72	0.54
EPS Growth	-41.67%	2.86%	45.83%	33.33%	-
Free Cash Flow	-160.87	63.59	118.99	47.81	65.77
Free Cash Flow Per Share	-1.65	0.78	1.47	0.58	0.83
Dividend Per Share	0.500	-	-	-	-
Gross Margin	55.48%	57.23%	58.75%	55.44%	53.83%
Operating Margin	6.04%	9.32%	11.15%	8.38%	8.76%
Profit Margin	5.89%	8.60%	10.17%	9.22%	6.88%
Free Cash Flow Margin	-15.42%	6.24%	14.25%	7.50%	10.56%
EBITDA	83.84	112.65	109.57	69.47	68.74
EBITDA Margin	8.03%	11.05%	13.12%	10.89%	11.04%
D&A For EBITDA	20.78	17.64	16.46	16.02	14.18
EBIT	63.06	95.01	93.11	53.45	54.56
EBIT Margin	6.04%	9.32%	11.15%	8.38%	8.76%
Effective Tax Rate	14.00%	13.26%	13.65%	11.66%	12.40%
Revenue as Reported	1,044	1,020	-	-	-

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