SHE:001260 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	571.75	575.72	595.82	486.75	445.88	412.41
Other Revenue	-	-	3.56	3.73	3.58	2.08
Revenue	571.75	575.72	599.38	490.48	449.45	414.49
Revenue Growth (YoY)	-3.32%	-3.95%	22.20%	9.13%	8.44%	10.07%
Cost of Revenue	417.33	419.12	444.15	353.77	319.55	277.71
Gross Profit	154.43	156.6	155.23	136.7	129.9	136.77
Selling, General & Admin	76.99	75.64	72.02	64.16	38.09	31.44
Research & Development	25.39	25.22	22.4	16.13	11.61	7.25
Other Operating Expenses	4.25	4.37	6.79	4.74	5.04	4.36
Operating Expenses	106.63	105.23	101.81	84.16	56.22	45.82
Operating Income	47.79	51.36	53.42	52.54	73.68	90.95
Interest Expense	-	-	-1.57	-1.69	-2.87	-2.72
Interest & Investment Income	0.27	0.28	2.72	4.94	0.16	0.28
Currency Exchange Gain (Loss)	-	-	-0.1	0.09	0.77	-0.01
Other Non Operating Income (Expenses)	-0.49	0.93	1.18	-1.42	0.06	0.2
EBT Excluding Unusual Items	47.57	52.57	55.64	54.46	71.81	88.7
Gain (Loss) on Sale of Investments	-0.09	0	-	0.35	-	-
Gain (Loss) on Sale of Assets	-0	-0	0	-	0.21	-0.32
Asset Writedown	-6.42	-5.87	-0.66	-0.07	-0.06	-0.6
Other Unusual Items	-	-	1.45	2.03	4.4	2.61
Pretax Income	41.05	46.7	56.44	56.77	76.35	90.4
Income Tax Expense	3.92	5.52	8.14	8.88	12.05	17.68
Earnings From Continuing Operations	37.13	41.18	48.29	47.89	64.3	72.72
Minority Interest in Earnings	0	-0.01	-	-	-	-
Net Income	37.13	41.17	48.29	47.89	64.3	72.72
Net Income to Common	37.13	41.17	48.29	47.89	64.3	72.72
Net Income Growth	-20.09%	-14.74%	0.84%	-25.52%	-11.57%	-12.28%
Shares Outstanding (Basic)	119	114	115	111	86	87
Shares Outstanding (Diluted)	119	114	115	111	86	87
Shares Change (YoY)	5.59%	-0.53%	3.24%	29.90%	-0.96%	0.26%
EPS (Basic)	0.31	0.36	0.42	0.43	0.75	0.84
EPS (Diluted)	0.31	0.36	0.42	0.43	0.75	0.84
EPS Growth	-24.32%	-14.29%	-2.33%	-42.67%	-10.71%	-12.50%
Free Cash Flow	43.04	40.96	-79.35	-69.73	37.57	5.06
Free Cash Flow Per Share	0.36	0.36	-0.69	-0.63	0.44	0.06
Dividend Per Share	-	-	0.126	0.125	0.520	-
Dividend Growth	-	-	0.80%	-75.96%	-	-
Gross Margin	27.01%	27.20%	25.90%	27.87%	28.90%	33.00%
Operating Margin	8.36%	8.92%	8.91%	10.71%	16.39%	21.94%
Profit Margin	6.49%	7.15%	8.06%	9.76%	14.31%	17.54%
Free Cash Flow Margin	7.53%	7.12%	-13.24%	-14.22%	8.36%	1.22%
EBITDA	93.37	95.02	89.38	84.18	100.68	111.02
EBITDA Margin	16.33%	16.50%	14.91%	17.16%	22.40%	26.79%
D&A For EBITDA	45.58	43.66	35.96	31.64	27	20.08
EBIT	47.79	51.36	53.42	52.54	73.68	90.95
EBIT Margin	8.36%	8.92%	8.91%	10.71%	16.39%	21.94%
Effective Tax Rate	9.55%	11.82%	14.43%	15.64%	15.78%	19.56%
Revenue as Reported	-	-	599.38	490.48	449.45	414.49
Advertising Expenses	-	-	0.05	0.16	0.14	0.2

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