Shouhui Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	1,238	1,387	1,634	806.26
Revenue Growth (YoY)	53.56%	-15.13%	102.71%	-
Cost of Revenue	466.04	536.17	579.37	375.47
Gross Profit	772.03	850.91	1,055	430.79
Selling, General & Admin	552.82	552.84	723.2	301.15
Research & Development	46.29	50.96	61.08	53.51
Other Operating Expenses	2.46	3.16	0.29	-1.56
Operating Expenses	602.25	607.74	786.34	352.99
Operating Income	169.79	243.18	268.69	77.8
Interest Expense	-0.33	-0.26	-0.46	-0.46
Interest & Investment Income	1.56	1.76	2.28	2.23
Earnings From Equity Investments	-2.74	-1.23	0.08	0.31
Currency Exchange Gain (Loss)	-0.37	-2.91	-	-
Other Non Operating Income (Expenses)	463.96	-345.22	-584.34	61.56
EBT Excluding Unusual Items	631.86	-104.68	-313.76	141.43
Gain (Loss) on Sale of Investments	9.06	14.44	6.36	5.5
Gain (Loss) on Sale of Assets	-	-	0.5	-
Other Unusual Items	0.05	0.05	0.6	1.93
Pretax Income	640.97	-90.19	-306.3	148.85
Income Tax Expense	36.26	45.42	49.91	17.87
Earnings From Continuing Operations	604.71	-135.61	-356.21	130.99
Minority Interest in Earnings	-0.58	-0.51	0.05	-0.11
Net Income	604.13	-136.12	-356.16	130.88
Net Income to Common	604.13	-136.12	-356.16	130.88
Shares Outstanding (Basic)	226	226	-	-
Shares Outstanding (Diluted)	226	226	-	-
EPS (Basic)	2.67	-0.60	-	-
EPS (Diluted)	-0.07	-0.60	-	-
Free Cash Flow	90.89	110.1	205.02	-54.33
Free Cash Flow Per Share	0.40	0.49	-	-
Gross Margin	62.36%	61.35%	64.55%	53.43%
Operating Margin	13.71%	17.53%	16.44%	9.65%
Profit Margin	48.80%	-9.81%	-21.79%	16.23%
Free Cash Flow Margin	7.34%	7.94%	12.54%	-6.74%
EBITDA	169.84	243.24	268.76	77.87
EBITDA Margin	13.72%	17.54%	16.44%	9.66%
D&A For EBITDA	0.05	0.06	0.07	0.07
EBIT	169.79	243.18	268.69	77.8
EBIT Margin	13.71%	17.53%	16.44%	9.65%
Effective Tax Rate	5.66%	-	-	12.00%
Advertising Expenses	-	322.03	503.23	150.37

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