¥3.38 ($0.50)

+0.04 (+1.20%)

SHH · Basic Materials · Paper, Lumber & Forest Products · Tech Score Sell · Power 34 · ¥5.9B mcap · 1.72B float · 1.85% daily turnover

Revenue

$8.6B +6.2% ▲

5Y CAGR: +4.0%

Gross Profit

$838M -2.1% ▼

5Y CAGR: -9.1%

Operating Income

$114M -48.7% ▼

5Y CAGR: -25.8%

Net Income

-$235M -240.9% ▼

EPS (Diluted)

$-0.13 -244.4% ▼

EBITDA

$758M -10.6% ▼

5Y CAGR: -4.3%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$7.8B	$9.8B	$9.9B	$8.1B	$8.6B
YoY Growth	+10.1%	+24.8%	+1.1%	-17.8%	+6.2%
Cost of Revenue	$6.7B	$8.3B	$8.8B	$7.3B	$7.8B
Gross Profit	$1.2B	$1.5B	$1.1B	$856M	$838M
Gross Margin	14.9%	15.4%	11.5%	10.5%	9.7%
R&D Expenses	$248M	$302M	$363M	$315M	$299M
SG&A Expenses	$410M	$405M	$387M	$321M	$332M
Operating Expenses	$826M	$775M	$788M	$633M	$724M
Operating Income	$339M	$735M	$348M	$223M	$114M
Operating Margin	4.3%	7.5%	3.5%	2.7%	1.3%
Interest Expense	$188M	$172M	$161M	$153M	$182M
Income Before Tax	$348M	$731M	$46M	$161M	-$250M
Tax Expense	$46M	$110M	-$34M	-$6M	-$16M
Net Income	$298M	$616M	$76M	$167M	-$235M
Net Margin	3.8%	6.3%	0.8%	2.0%	-2.7%
EPS (Diluted)	$0.17	$0.35	$0.04	$0.09	$-0.13
EBITDA	$895M	$1.2B	$1.0B	$847M	$758M
Shares Outstanding	1.75B	1.77B	1.77B	1.85B	1.76B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.6B	$3.0B	$2.1B	$2.4B	$2.1B	$2.1B	$2.0B	$2.0B
Cost of Revenue	$1.3B	$2.5B	$1.9B	$2.1B	$1.9B	$1.9B	$1.8B	$1.8B
Gross Profit	$237M	$500M	$194M	$284M	$192M	$223M	$151M	$185M
Gross Margin	15.0%	16.8%	9.2%	11.9%	9.2%	10.6%	7.7%	9.3%
R&D Expenses	$37M	$175M	$55M	$68M	$76M	$110M	$48M	$63M
SG&A Expenses	$59M	$109M	$87M	$73M	$81M	$58M	$71M	-$39M
Operating Expenses	$282M	$211M	$149M	$184M	$188M	$636M	$130M	$192M
Operating Income	-$45M	$289M	$46M	$100M	$5M	-$413M	$21M	-$7M
Operating Margin	-2.8%	9.7%	2.2%	4.2%	0.2%	-19.7%	1.1%	-0.4%
Interest Expense	$9M	$76M	$33M	$45M	$53M	$41M	$42M	$47M
Income Before Tax	-$45M	$226M	$48M	$101M	$17M	-$416M	$15M	-$24M
Tax Expense	$2M	-$35M	$166K	$7M	-$4M	-$19M	$3M	-$2M
Net Income	-$46M	$262M	$47M	$94M	$21M	-$397M	$13M	-$23M
Net Margin	-2.9%	8.8%	2.2%	4.0%	1.0%	-18.9%	0.7%	-1.1%
EPS (Diluted)	$-0.03	$0.14	$0.03	$0.06	$0.01	$-0.23	$0.01	$-0.01
EBITDA	$272M	$428M	$199M	$272M	$69M	-$198M	$58M	$163M
Shares Outstanding	1.72B	1.85B	1.56B	1.56B	1.76B	1.76B	1.76B	1.76B

600963.SS SHH