SHE:001319 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	1,222	1,168	905.13	835.38	806.04	801.83
Other Revenue	74.56	74.56	60.49	48.03	43.51	53.8
Revenue	1,297	1,243	965.61	883.42	849.54	855.63
Revenue Growth (YoY)	30.13%	28.71%	9.30%	3.99%	-0.71%	16.89%
Cost of Revenue	972.94	927.77	704.3	656.31	644.97	620.2
Gross Profit	324.02	315.09	261.31	227.11	204.58	235.44
Selling, General & Admin	96.98	94.16	87.14	79.05	87.22	75.11
Research & Development	53.78	52.34	48.71	38.69	35.41	37.26
Other Operating Expenses	7.93	7.34	6.96	6.83	7.25	7.21
Operating Expenses	161.05	159.62	148.03	129.47	130.71	120.25
Operating Income	162.97	155.47	113.28	97.64	73.87	115.19
Interest Expense	-0.89	-0.86	-0.97	-0.44	-2.11	-4.15
Interest & Investment Income	4.25	3.71	6.17	9.52	4.61	2.55
Currency Exchange Gain (Loss)	1.16	1.16	-0.14	4.78	2.41	-6.15
Other Non Operating Income (Expenses)	-7.85	-0.92	-0.97	-1.74	-0.93	-0.65
EBT Excluding Unusual Items	159.65	158.57	117.37	109.76	77.85	106.78
Impairment of Goodwill	1.45	1.45	-	-	-	-
Gain (Loss) on Sale of Investments	0.72	1.19	4.13	3.99	1.54	-
Gain (Loss) on Sale of Assets	0.5	0.55	-0.02	0.19	0.33	0.26
Asset Writedown	-4.34	-2.65	-0.82	-0.46	-0.03	-1.19
Other Unusual Items	2.4	2.18	4.6	1.74	6.13	3.34
Pretax Income	160.38	161.29	125.26	115.22	85.83	109.19
Income Tax Expense	18.95	18.84	12.2	12.36	8.69	13.26
Earnings From Continuing Operations	141.43	142.45	113.07	102.85	77.14	95.93
Minority Interest in Earnings	-2.05	-1.61	-0.81	-1.41	-1.44	-1.51
Net Income	139.38	140.84	112.25	101.45	75.7	94.42
Net Income to Common	139.38	140.84	112.25	101.45	75.7	94.42
Net Income Growth	19.64%	25.46%	10.65%	34.02%	-19.83%	-8.72%
Shares Outstanding (Basic)	141	141	141	141	127	106
Shares Outstanding (Diluted)	141	141	141	141	127	106
Shares Change (YoY)	0.01%	0.01%	0.00%	11.62%	19.44%	4.57%
EPS (Basic)	0.99	1.00	0.79	0.72	0.60	0.89
EPS (Diluted)	0.99	1.00	0.79	0.72	0.60	0.89
EPS Growth	19.64%	25.46%	10.65%	20.06%	-32.88%	-12.72%
Free Cash Flow	113.81	128.99	-76.59	73.72	23.53	29.35
Free Cash Flow Per Share	0.81	0.91	-0.54	0.52	0.19	0.28
Dividend Per Share	0.350	0.350	0.390	0.380	0.250	0.350
Dividend Growth	-10.26%	-10.26%	2.63%	52.00%	-28.57%	-12.50%
Gross Margin	24.98%	25.35%	27.06%	25.71%	24.08%	27.52%
Operating Margin	12.57%	12.51%	11.73%	11.05%	8.70%	13.46%
Profit Margin	10.75%	11.33%	11.63%	11.48%	8.91%	11.04%
Free Cash Flow Margin	8.77%	10.38%	-7.93%	8.34%	2.77%	3.43%
EBITDA	209.49	201.68	158.24	136.69	111.24	149.65
EBITDA Margin	16.15%	16.23%	16.39%	15.47%	13.09%	17.49%
D&A For EBITDA	46.52	46.21	44.95	39.05	37.38	34.47
EBIT	162.97	155.47	113.28	97.64	73.87	115.19
EBIT Margin	12.57%	12.51%	11.73%	11.05%	8.70%	13.46%
Effective Tax Rate	11.82%	11.68%	9.74%	10.73%	10.12%	12.14%
Revenue as Reported	1,297	1,243	965.61	883.42	849.54	855.63
Advertising Expenses	-	-	-	-	-	0.15

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