SHE:001316 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
Revenue	1,277	1,217	909.36	825.68	562.06	696.7
Revenue Growth (YoY)	34.23%	33.81%	10.13%	46.90%	-19.32%	-3.55%
Cost of Revenue	913.8	875.8	661.9	628.53	410.15	482.33
Gross Profit	363.09	340.99	247.46	197.15	151.91	214.37
Selling, General & Admin	100.46	103.93	103.04	92.62	57.9	70.49
Research & Development	14.29	15.04	18.66	11.44	7.58	6.06
Other Operating Expenses	7.1	6.18	1.89	0.7	0.49	1.41
Operating Expenses	128.28	131.59	126.05	108.85	53.74	55.04
Operating Income	234.81	209.41	121.41	88.3	98.17	159.33
Interest Expense	-1.15	-1.15	-0.64	-0.26	-0.26	-0.53
Interest & Investment Income	18.9	18.99	18.85	15.47	3.66	1.23
Currency Exchange Gain (Loss)	1.26	1.26	-7.65	4.68	-5.46	2.64
Other Non Operating Income (Expenses)	13.96	1.04	-0.51	-0.13	0.27	-1.52
EBT Excluding Unusual Items	267.77	229.54	131.47	108.06	96.39	161.16
Impairment of Goodwill	-	-	-9.23	-	-	-
Gain (Loss) on Sale of Investments	-6.7	-4.25	2.05	0	0.34	-
Gain (Loss) on Sale of Assets	0.46	0.46	-0.01	0.1	-0	0.07
Asset Writedown	-0.05	-	-3.19	-	-	-
Other Unusual Items	0.65	0.65	-0.04	1.2	0.81	1.08
Pretax Income	262.13	226.41	121.04	109.37	97.54	162.31
Income Tax Expense	53.42	44.2	36.07	17.51	18.45	33.18
Earnings From Continuing Operations	208.7	182.21	84.97	91.86	79.09	129.12
Minority Interest in Earnings	1.74	1.66	3.55	0.5	0.09	0.16
Net Income	210.44	183.88	88.52	92.36	79.18	129.28
Net Income to Common	210.44	183.88	88.52	92.36	79.18	129.28
Net Income Growth	105.72%	107.72%	-4.16%	16.65%	-38.75%	94.14%
Shares Outstanding (Basic)	114	114	113	113	98	84
Shares Outstanding (Diluted)	114	114	113	113	98	84
Shares Change (YoY)	1.14%	0.60%	0.49%	15.08%	16.66%	0.01%
EPS (Basic)	1.84	1.61	0.78	0.82	0.81	1.54
EPS (Diluted)	1.84	1.61	0.78	0.82	0.81	1.54
EPS Growth	103.40%	106.48%	-4.63%	1.36%	-47.50%	94.11%
Free Cash Flow	373.42	206.88	12.22	-37.11	-39.13	24.5
Free Cash Flow Per Share	3.27	1.81	0.11	-0.33	-0.40	0.29
Dividend Per Share	0.784	0.784	0.365	0.461	0.446	-
Dividend Growth	114.80%	114.80%	-20.77%	3.20%	-	-
Gross Margin	28.43%	28.02%	27.21%	23.88%	27.03%	30.77%
Operating Margin	18.39%	17.21%	13.35%	10.69%	17.47%	22.87%
Profit Margin	16.48%	15.11%	9.74%	11.19%	14.09%	18.56%
Free Cash Flow Margin	29.24%	17.00%	1.34%	-4.49%	-6.96%	3.52%
EBITDA	241.77	216.25	127.77	91.6	99.9	161.42
EBITDA Margin	18.93%	17.77%	14.05%	11.09%	17.77%	23.17%
D&A For EBITDA	6.97	6.84	6.36	3.3	1.73	2.09
EBIT	234.81	209.41	121.41	88.3	98.17	159.33
EBIT Margin	18.39%	17.21%	13.35%	10.69%	17.47%	22.87%
Effective Tax Rate	20.38%	19.52%	29.80%	16.01%	18.92%	20.44%
Revenue as Reported	1,217	1,217	909.36	825.68	562.06	696.7
Advertising Expenses	-	-	-	0.17	0.19	0.35

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