¥3.76 ($0.56)

+0.07 (+1.90%)

SHZ · Basic Materials · Construction Materials · Tech Score Neutral · Power 46 · ¥26.7B mcap · 3.05B float · 0.480% daily turnover

Revenue

$87.0B -19.0% ▼

5Y CAGR: +55.1%

Gross Profit

$14.5B -16.3% ▼

5Y CAGR: +32.6%

Operating Income

$22M -99.2% ▼

5Y CAGR: -60.9%

Net Income

-$598M -130.5% ▼

EPS (Diluted)

$-0.07 -132.4% ▼

EBITDA

$11.8B -19.7% ▼

5Y CAGR: +28.3%

View Full Income Statement

Line Item	FY2020	FY2021	FY2022	FY2023	FY2024
Revenue	$162.1B	$170.0B	$132.6B	$107.4B	$87.0B
YoY Growth	+1573.7%	+4.9%	-22.0%	-19.0%	-19.0%
Cost of Revenue	$116.3B	$127.6B	$111.3B	$90.0B	$72.5B
Gross Profit	$45.9B	$42.4B	$21.3B	$17.4B	$14.5B
Gross Margin	28.3%	24.9%	16.1%	16.2%	16.7%
R&D Expenses	$757M	$1.8B	$1.9B	$2.4B	$1.9B
SG&A Expenses	$154M	$3.1B	$2.0B	$1.9B	$1.9B
Operating Expenses	$22.4B	$22.0B	$14.7B	$14.8B	$14.5B
Operating Income	$23.5B	$20.4B	$6.6B	$2.6B	$22M
Operating Margin	14.5%	12.0%	5.0%	2.4%	0.0%
Interest Expense	$5.3B	$5.0B	$4.8B	$4.0B	$3.5B
Income Before Tax	$23.0B	$20.8B	$6.4B	$3.1B	$101M
Tax Expense	$6.5B	$5.9B	$1.3B	$1.1B	$752M
Net Income	$13.0B	$12.5B	$4.5B	$2.0B	-$598M
Net Margin	8.0%	7.4%	3.4%	1.8%	-0.7%
EPS (Diluted)	$1.45	$1.50	$0.52	$0.23	$-0.07
EBITDA	$41.7B	$36.4B	$18.3B	$14.6B	$11.8B
Shares Outstanding	1.05B	8.35B	8.66B	8.66B	8.02B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$21.8B	$25.5B	$14.9B	$21.0B	$19.0B	$19.6B	$12.3B	$17.8B
Cost of Revenue	$18.1B	$19.2B	$12.9B	$16.4B	$15.6B	$16.2B	$11.0B	$15.8B
Gross Profit	$3.7B	$6.3B	$2.0B	$4.6B	$3.3B	$3.4B	$1.3B	$2.0B
Gross Margin	17.0%	24.8%	13.7%	22.0%	17.5%	17.3%	10.6%	11.2%
R&D Expenses	$536M	$431M	$229M	$388M	$346M	$277M	$0	$156M
SG&A Expenses	$5.6B	-$4.6B	$2.2B	-$1.2B	$2.0B	-$876M	$2.1B	$2.1B
Operating Expenses	$4.1B	$2.4B	$3.6B	$3.6B	$2.9B	$9.9B	$2.6B	$2.8B
Operating Income	-$367M	$3.9B	-$1.6B	$1.0B	$425M	-$6.5B	-$1.3B	-$836M
Operating Margin	-1.7%	15.5%	-10.7%	4.8%	2.2%	-33.1%	-10.4%	-4.7%
Interest Expense	$905M	$674M	$840M	$855M	$892M	$713M	$804M	$756M
Income Before Tax	-$374M	$4.1B	-$1.6B	$985M	-$21M	-$6.0B	-$1.6B	-$1.4B
Tax Expense	-$11M	$625M	$37M	$292M	$161M	$331M	$54M	$407M
Net Income	-$334M	$3.1B	-$1.5B	$572M	-$259M	-$6.1B	-$1.5B	-$1.7B
Net Margin	-1.5%	12.3%	-10.0%	2.7%	-1.4%	-31.2%	-12.1%	-9.5%
EPS (Diluted)	$-0.04	$0.39	$-0.21	$0.08	$-0.04	$-0.86	$-0.21	$-0.24
EBITDA	$531M	$5.6B	$1.7B	$4.0B	$850M	$365M	-$778M	$1.9B
Shares Outstanding	7.63B	8.02B	7.11B	7.11B	7.11B	7.11B	7.11B	7.11B

000877.SZ SHZ