Shouhui Group 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,469	1,387	1,634	806.26
Revenue Growth (YoY)	5.92%	-15.13%	102.71%	-
Cost of Revenue	986.4	536.17	579.37	375.47
Gross Profit	482.85	850.91	1,055	430.79
Selling, General & Admin	223.05	552.84	723.2	301.15
Research & Development	48.42	50.96	61.08	53.51
Other Operating Expenses	-0.15	3.16	0.29	-1.56
Operating Expenses	271.82	607.74	786.34	352.99
Operating Income	211.04	243.18	268.69	77.8
Interest Expense	-0.56	-0.26	-0.46	-0.46
Interest & Investment Income	5.12	1.76	2.28	2.23
Earnings From Equity Investments	-2.8	-1.23	0.08	0.31
Currency Exchange Gain (Loss)	-0.51	-2.91	-	-
Other Non Operating Income (Expenses)	619.02	-345.22	-584.34	61.56
EBT Excluding Unusual Items	831.3	-104.68	-313.76	141.43
Gain (Loss) on Sale of Investments	8.32	14.44	6.36	5.5
Gain (Loss) on Sale of Assets	-	-	0.5	-
Other Unusual Items	-	0.05	0.6	1.93
Pretax Income	839.62	-90.19	-306.3	148.85
Income Tax Expense	46.03	45.42	49.91	17.87
Earnings From Continuing Operations	793.58	-135.61	-356.21	130.99
Minority Interest in Earnings	-0.27	-0.51	0.05	-0.11
Net Income	793.32	-136.12	-356.16	130.88
Net Income to Common	793.32	-136.12	-356.16	130.88
Shares Outstanding (Basic)	169	226	-	-
Shares Outstanding (Diluted)	175	226	-	-
Shares Change (YoY)	-22.78%	-	-	-
EPS (Basic)	4.70	-0.60	-	-
EPS (Diluted)	1.00	-0.60	-	-
Free Cash Flow	-	110.1	205.02	-54.33
Free Cash Flow Per Share	-	0.49	-	-
Dividend Per Share	0.126	-	-	-
Gross Margin	32.86%	61.35%	64.55%	53.43%
Operating Margin	14.36%	17.53%	16.44%	9.65%
Profit Margin	54.00%	-9.81%	-21.79%	16.23%
Free Cash Flow Margin	-	7.94%	12.54%	-6.74%
EBITDA	211.1	243.24	268.76	77.87
EBITDA Margin	14.37%	17.54%	16.44%	9.66%
D&A For EBITDA	0.06	0.06	0.07	0.07
EBIT	211.04	243.18	268.69	77.8
EBIT Margin	14.36%	17.53%	16.44%	9.65%
Effective Tax Rate	5.48%	-	-	12.00%
Advertising Expenses	-	322.03	503.23	150.37

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