Also trades as: 1065.HK (HKSE) · $vol 0M · TNJIF (OTC) · $vol 0M

¥5.52 ($0.82)

+0.06 (+1.10%)

SHH · Industrials · Waste Management · Tech Score Strong Sell · Power 33 · ¥8.7B mcap · 489M float · 1.57% daily turnover

Revenue

$4.8B -1.5% ▼

5Y CAGR: +7.2%

Gross Profit

$1.8B -5.7% ▼

5Y CAGR: +8.9%

Operating Income

$1.4B +32.4% ▲

5Y CAGR: +13.8%

Net Income

$862M +6.8% ▲

5Y CAGR: +8.6%

EPS (Diluted)

$0.55 +7.8% ▲

5Y CAGR: +6.6%

EBITDA

$2.1B -2.7% ▼

5Y CAGR: +7.8%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$4.5B	$4.5B	$4.7B	$4.8B	$4.8B
YoY Growth	+34.8%	-0.3%	+3.2%	+3.5%	-1.5%
Cost of Revenue	$3.2B	$3.0B	$2.9B	$2.9B	$3.0B
Gross Profit	$1.3B	$1.5B	$1.8B	$1.9B	$1.8B
Gross Margin	29.5%	33.8%	38.8%	39.6%	37.9%
R&D Expenses	$18M	$44M	$53M	$65M	$55M
SG&A Expenses	$225M	$227M	$243M	$250M	$302M
Operating Expenses	$439M	$559M	$709M	$867M	$421M
Operating Income	$897M	$970M	$1.1B	$1.0B	$1.4B
Operating Margin	19.8%	21.4%	23.6%	21.6%	29.0%
Interest Expense	$341M	$404M	$391M	$382M	$312M
Income Before Tax	$896M	$969M	$1.1B	$1.0B	$1.2B
Tax Expense	$177M	$157M	$203M	$176M	$234M
Net Income	$693M	$751M	$865M	$807M	$862M
Net Margin	15.3%	16.6%	18.5%	16.7%	18.1%
EPS (Diluted)	$0.49	$0.51	$0.55	$0.51	$0.55
EBITDA	$1.7B	$1.8B	$2.0B	$2.2B	$2.1B
Shares Outstanding	1.43B	1.47B	1.57B	1.58B	1.57B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.2B	$1.4B	$1.1B	$1.1B	$1.3B	$1.3B	$1.1B	$1.1B
Cost of Revenue	$748M	$791M	$663M	$702M	$856M	$725M	$696M	$658M
Gross Profit	$423M	$647M	$439M	$374M	$414M	$588M	$453M	$442M
Gross Margin	36.1%	45.0%	39.8%	34.8%	32.6%	44.8%	39.4%	40.2%
R&D Expenses	$10M	$34M	$8M	$9M	$12M	$29M	$6M	$7M
SG&A Expenses	$56M	$97M	$49M	$43M	$52M	$193M	$49M	$101M
Operating Expenses	$134M	$459M	$119M	$109M	$71M	$248M	$62M	$133M
Operating Income	$289M	$189M	$321M	$265M	$342M	$340M	$391M	$309M
Operating Margin	24.7%	13.1%	29.1%	24.6%	27.0%	25.9%	34.1%	28.1%
Interest Expense	$94M	$92M	$85M	$78M	$72M	$75M	$66M	$65M
Income Before Tax	$289M	$188M	$321M	$265M	$295M	$270M	$353M	$269M
Tax Expense	$17M	$50M	$58M	$37M	$45M	$94M	$63M	$46M
Net Income	$256M	$130M	$255M	$218M	$229M	$160M	$276M	$212M
Net Margin	21.8%	9.0%	23.1%	20.3%	18.0%	12.2%	24.1%	19.3%
EPS (Diluted)	$0.16	$0.08	$0.16	$0.14	$0.15	$0.10	$0.18	$0.14
EBITDA	$576M	$523M	$581M	$472M	$367M	$556M	$420M	$504M
Shares Outstanding	1.57B	1.58B	1.57B	1.57B	1.57B	1.57B	1.57B	1.57B

600874.SS SHH