SHE:001316 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	FY 2021
Period Ending	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
Revenue	1,217	909.36	825.68	562.06	696.7
Revenue Growth (YoY)	33.81%	10.13%	46.90%	-19.32%	-3.55%
Cost of Revenue	863.19	661.9	628.53	410.15	482.33
Gross Profit	353.61	247.46	197.15	151.91	214.37
Selling, General & Admin	103.93	103.04	92.62	57.9	70.49
Research & Development	15.04	18.66	11.44	7.58	6.06
Other Operating Expenses	5.14	1.24	0.7	0.49	1.41
Operating Expenses	124.11	125.4	108.85	53.74	55.04
Operating Income	229.49	122.06	88.3	98.17	159.33
Interest Expense	-	-0.64	-0.26	-0.26	-0.53
Interest & Investment Income	5	18.85	15.47	3.66	1.23
Currency Exchange Gain (Loss)	-	-7.65	4.68	-5.46	2.64
Other Non Operating Income (Expenses)	8.24	-0.7	-0.13	0.27	-1.52
EBT Excluding Unusual Items	242.73	131.92	108.06	96.39	161.16
Impairment of Goodwill	-	-9.23	-	-	-
Gain (Loss) on Sale of Investments	-4.25	2.05	0	0.34	-
Gain (Loss) on Sale of Assets	0.54	-0.01	0.1	-0	0.07
Asset Writedown	-12.61	-3.2	-	-	-
Other Unusual Items	-	-0.47	1.2	0.81	1.08
Pretax Income	226.41	121.04	109.37	97.54	162.31
Income Tax Expense	44.2	36.07	17.51	18.45	33.18
Earnings From Continuing Operations	182.21	84.97	91.86	79.09	129.12
Minority Interest in Earnings	1.66	3.55	0.5	0.09	0.16
Net Income	183.88	88.52	92.36	79.18	129.28
Net Income to Common	183.88	88.52	92.36	79.18	129.28
Net Income Growth	107.72%	-4.16%	16.65%	-38.75%	94.14%
Shares Outstanding (Basic)	114	113	113	98	84
Shares Outstanding (Diluted)	114	113	113	98	84
Shares Change (YoY)	0.60%	0.49%	15.08%	16.66%	0.01%
EPS (Basic)	1.61	0.78	0.82	0.81	1.54
EPS (Diluted)	1.61	0.78	0.82	0.81	1.54
EPS Growth	106.48%	-4.63%	1.36%	-47.50%	94.11%
Free Cash Flow	206.88	12.22	-37.11	-39.13	24.5
Free Cash Flow Per Share	1.81	0.11	-0.33	-0.40	0.29
Dividend Per Share	-	0.261	0.461	0.446	-
Dividend Growth	-	-43.41%	3.20%	-	-
Gross Margin	29.06%	27.21%	23.88%	27.03%	30.77%
Operating Margin	18.86%	13.42%	10.69%	17.47%	22.87%
Profit Margin	15.11%	9.74%	11.19%	14.09%	18.56%
Free Cash Flow Margin	17.00%	1.34%	-4.49%	-6.96%	3.52%
EBITDA	237.05	127.83	91.6	99.9	161.42
EBITDA Margin	19.48%	14.06%	11.09%	17.77%	23.17%
D&A For EBITDA	7.56	5.77	3.3	1.73	2.09
EBIT	229.49	122.06	88.3	98.17	159.33
EBIT Margin	18.86%	13.42%	10.69%	17.47%	22.87%
Effective Tax Rate	19.52%	29.80%	16.01%	18.92%	20.44%
Revenue as Reported	-	909.36	825.68	562.06	696.7
Advertising Expenses	-	0.17	0.17	0.19	0.35

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