SHE:301632 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	1,251	1,187	1,146	1,060	1,146
Other Revenue	-	10.02	8.65	12.52	8.01
Revenue	1,251	1,197	1,154	1,072	1,154
Revenue Growth (YoY)	4.51%	3.72%	7.66%	-7.07%	3.44%
Cost of Revenue	-	621.29	611.1	556.01	683.8
Gross Profit	1,251	576.1	543.37	516.27	470.01
Selling, General & Admin	-	284.4	292.93	278.74	264.76
Research & Development	-	81.98	74.81	90.54	81.67
Other Operating Expenses	1,126	13.1	12.35	9.72	9.16
Operating Expenses	1,126	477.15	463.1	433.31	386.03
Operating Income	125.27	98.95	80.27	82.96	83.98
Interest Expense	-	-2.13	-2.09	-1.99	-2.15
Interest & Investment Income	-	14.78	22.59	23.47	91.9
Currency Exchange Gain (Loss)	-	-0	-0	-	-
Other Non Operating Income (Expenses)	-0.26	-0.4	-0.53	-0.53	-0.84
EBT Excluding Unusual Items	125.01	111.2	100.24	103.9	172.9
Gain (Loss) on Sale of Investments	-	0.17	-	-	-
Gain (Loss) on Sale of Assets	-	0.2	0.41	0.02	0.28
Asset Writedown	-	0	0.1	0.01	-5.33
Other Unusual Items	-	2.78	5.62	8.79	14.78
Pretax Income	125.01	114.35	106.37	112.72	182.63
Income Tax Expense	11.88	8.88	8.22	11.01	28.57
Earnings From Continuing Operations	113.13	105.47	98.15	101.71	154.06
Minority Interest in Earnings	-	1.66	1.05	0.8	-
Net Income	113.13	107.13	99.21	102.52	154.06
Net Income to Common	113.13	107.13	99.21	102.52	154.06
Net Income Growth	5.60%	7.99%	-3.23%	-33.46%	30.43%
Shares Outstanding (Basic)	314	314	314	314	314
Shares Outstanding (Diluted)	314	314	314	314	314
Shares Change (YoY)	0.11%	-	-	-0.16%	1.15%
EPS (Basic)	0.36	0.34	0.32	0.33	0.49
EPS (Diluted)	0.36	0.34	0.32	0.33	0.49
EPS Growth	5.88%	7.58%	-3.23%	-33.35%	28.95%
Free Cash Flow	-	14.34	-43.92	-58.85	-108.14
Free Cash Flow Per Share	-	0.05	-0.14	-0.19	-0.34
Dividend Per Share	-	-	-	-	0.250
Gross Margin	100.00%	48.11%	47.07%	48.15%	40.74%
Operating Margin	10.01%	8.26%	6.95%	7.74%	7.28%
Profit Margin	9.04%	8.95%	8.59%	9.56%	13.35%
Free Cash Flow Margin	-	1.20%	-3.81%	-5.49%	-9.37%
EBITDA	175.38	149.06	129.43	132.25	128.67
EBITDA Margin	14.02%	12.45%	11.21%	12.33%	11.15%
D&A For EBITDA	50.11	50.11	49.16	49.3	44.69
EBIT	125.27	98.95	80.27	82.96	83.98
EBIT Margin	10.01%	8.26%	6.95%	7.74%	7.28%
Effective Tax Rate	9.50%	7.76%	7.72%	9.77%	15.65%
Revenue as Reported	-	1,197	1,154	1,072	1,154
Advertising Expenses	-	0.04	0.23	0.41	0.01

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