SHE:001324 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	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	489.18	468.01	448.15	517.19	504.07	467.79
Other Revenue	15.16	15.16	12.28	13.03	13.55	12.43
Revenue	504.34	483.17	460.43	530.22	517.61	480.23
Revenue Growth	8.12%	4.94%	-13.16%	2.44%	7.79%	-6.13%
Cost of Revenue	380.53	354.86	316.81	380.23	365.14	325.88
Gross Profit	123.82	128.31	143.62	149.99	152.48	154.35
Selling, General & Admin	52.15	54.22	54.4	53.64	49.16	53.98
Research & Development	29.12	30.13	31.13	28.66	28.14	26.3
Other Operating Expenses	2.05	2.02	1.3	2.02	4.29	4.73
Operating Expenses	86.59	93.53	89.92	85.92	88.5	75.46
Operating Income	37.22	34.78	53.7	64.08	63.98	78.89
Interest Expense	-0.06	-0.13	-0.38	-1.14	-1.61	-0.8
Interest & Investment Income	0.7	1.81	1.84	2.77	0.29	0.31
Currency Exchange Gain (Loss)	4.06	4.06	-1.27	3.54	4.12	-3.68
Other Non Operating Income (Expenses)	-8.28	-0.82	-0.02	-0.31	-0.33	0.98
EBT Excluding Unusual Items	33.66	39.71	53.87	68.94	66.45	75.7
Gain (Loss) on Sale of Investments	6.07	6.9	11.93	7.76	-0.03	-
Gain (Loss) on Sale of Assets	-	-0.14	0.05	-0.5	-0.1	-0.13
Asset Writedown	-2.74	0.59	0.59	-0.23	-1.47	-1.14
Other Unusual Items	-0.78	-0.78	1.23	3.05	11.26	1.75
Pretax Income	36.21	46.27	67.67	79.03	76.12	76.17
Income Tax Expense	2.47	3.09	6.28	8.68	7.78	9.57
Earnings From Continuing Operations	33.73	43.18	61.39	70.34	68.34	66.6
Minority Interest in Earnings	1.45	-0.91	-1.21	1.65	-1.67	-0.5
Net Income	35.19	42.27	60.18	71.99	66.66	66.1
Net Income to Common	35.19	42.27	60.18	71.99	66.66	66.1
Net Income Growth	-26.91%	-29.76%	-16.41%	7.99%	0.85%	-6.87%
Shares Outstanding (Basic)	138	138	138	124	104	103
Shares Outstanding (Diluted)	138	138	138	124	104	103
Shares Change	-0.57%	0.00%	11.18%	19.16%	0.85%	0.41%
EPS (Basic)	0.25	0.31	0.44	0.58	0.64	0.64
EPS (Diluted)	0.25	0.31	0.44	0.58	0.64	0.64
EPS Growth	-26.49%	-29.76%	-24.81%	-9.38%	0%	-7.25%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Free Cash Flow	31.3	-28.06	-62.54	-77.75	1.08	50.95
Free Cash Flow Per Share	0.23	-0.20	-0.45	-0.63	0.01	0.49
Dividend Per Share	0.073	0.133	0.073	0.320	-	-
Dividend Growth	-45.28%	82.31%	-77.27%	-	-	-
Gross Margin	24.55%	26.56%	31.19%	28.29%	29.46%	32.14%
Operating Margin	7.38%	7.20%	11.66%	12.08%	12.36%	16.43%
Profit Margin	6.98%	8.75%	13.07%	13.58%	12.88%	13.76%
Free Cash Flow Margin	6.21%	-5.81%	-13.58%	-14.66%	0.21%	10.61%
EBITDA	53.63	49.94	67.18	75.24	74.48	89.46
EBITDA Margin	10.63%	10.34%	14.59%	14.19%	14.39%	18.63%
D&A For EBITDA	16.41	15.16	13.49	11.16	10.5	10.57
EBIT	37.22	34.78	53.7	64.08	63.98	78.89
EBIT Margin	7.38%	7.20%	11.66%	12.08%	12.36%	16.43%
Effective Tax Rate	6.83%	6.68%	9.28%	10.99%	10.22%	12.57%
Revenue as Reported	504.34	483.17	460.43	-	517.61	480.23
Advertising Expenses	-	0.24	2.32	0.78	0.68	0.57