SHE:301616 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	963.75	970.11	877.61	723.28	781.73	807.73
Other Revenue	-	-	14.27	12.61	-	-
Revenue	963.75	970.11	891.88	735.89	781.73	807.73
Revenue Growth (YoY)	3.54%	8.77%	21.20%	-5.86%	-3.22%	39.78%
Cost of Revenue	729.04	731.31	671.6	553.45	583.34	584.64
Gross Profit	234.71	238.79	220.28	182.44	198.4	223.09
Selling, General & Admin	76.74	81.72	70.44	65.64	66.27	69.65
Research & Development	35.35	33.58	30.05	22.98	21.66	21.18
Other Operating Expenses	5.03	4.33	2.91	3.82	8.42	7.12
Operating Expenses	117.12	119.63	105	93.04	96.66	97.8
Operating Income	117.59	119.16	115.27	89.4	101.73	125.29
Interest Expense	-	-	-10.65	-13.07	-15.8	-14.83
Interest & Investment Income	0.62	0.49	1.9	1.51	0.78	0.24
Currency Exchange Gain (Loss)	-	-	-0.14	0.38	2.32	-0.52
Other Non Operating Income (Expenses)	-6.42	-5.58	-0.14	-0.11	-0.44	-0.35
EBT Excluding Unusual Items	111.79	114.08	106.25	78.11	88.59	109.83
Gain (Loss) on Sale of Investments	-	0.03	-	-	-	-
Gain (Loss) on Sale of Assets	145.41	145.4	-0.09	-0.02	-0.02	-0.01
Asset Writedown	-11.21	-9.74	-	-	-	-0.36
Other Unusual Items	-	-	1.61	3.29	7.52	4.87
Pretax Income	245.99	249.77	107.77	81.37	96.08	114.32
Income Tax Expense	51.09	52.62	14.08	10.81	14.44	18.3
Earnings From Continuing Operations	194.9	197.15	93.7	70.56	81.64	96.02
Minority Interest in Earnings	-0.22	-0.33	-0.76	-0.27	-	-
Net Income	194.68	196.83	92.94	70.29	81.64	96.02
Net Income to Common	194.68	196.83	92.94	70.29	81.64	96.02
Net Income Growth	101.01%	111.78%	32.21%	-13.90%	-14.97%	74.25%
Shares Outstanding (Basic)	80	75	60	60	60	60
Shares Outstanding (Diluted)	80	75	60	60	60	60
Shares Change (YoY)	33.34%	25.00%	0.00%	-0.05%	-0.60%	0.65%
EPS (Basic)	2.43	2.62	1.55	1.17	1.36	1.59
EPS (Diluted)	2.43	2.62	1.55	1.17	1.36	1.59
EPS Growth	50.75%	69.42%	32.21%	-13.85%	-14.46%	73.13%
Free Cash Flow	-137.85	-145.9	59.82	86.35	55.52	67.18
Free Cash Flow Per Share	-1.72	-1.95	1.00	1.44	0.93	1.11
Dividend Per Share	-	-	-	-	-	1.000
Gross Margin	24.35%	24.62%	24.70%	24.79%	25.38%	27.62%
Operating Margin	12.20%	12.28%	12.93%	12.15%	13.01%	15.51%
Profit Margin	20.20%	20.29%	10.42%	9.55%	10.44%	11.89%
Free Cash Flow Margin	-14.30%	-15.04%	6.71%	11.73%	7.10%	8.32%
EBITDA	180.77	179.13	162.41	137.77	150.29	170.85
EBITDA Margin	18.76%	18.46%	18.21%	18.72%	19.23%	21.15%
D&A For EBITDA	63.18	59.97	47.14	48.38	48.55	45.56
EBIT	117.59	119.16	115.27	89.4	101.73	125.29
EBIT Margin	12.20%	12.28%	12.93%	12.15%	13.01%	15.51%
Effective Tax Rate	20.77%	21.07%	13.06%	13.28%	15.03%	16.01%
Revenue as Reported	-	-	891.88	735.89	-	-

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