SHE:001336 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	471.04	445.94	390.22	457.55	570.22	586.2
Other Revenue	-	-	11.53	0.15	0.17	0.35
Revenue	471.04	445.94	401.75	457.7	570.39	586.55
Revenue Growth (YoY)	41.62%	11.00%	-12.22%	-19.76%	-2.76%	46.16%
Cost of Revenue	308.02	290.58	248.83	301.16	383.24	381.97
Gross Profit	163.02	155.35	152.92	156.55	187.15	204.58
Selling, General & Admin	70.83	71.29	74.56	75.35	76.29	64.89
Research & Development	24.92	24.32	25.69	26.74	29.77	26.68
Other Operating Expenses	-3.16	-4.41	0.15	0.62	2.26	3.27
Operating Expenses	92.59	91.19	136.35	126.54	126.42	109.1
Operating Income	70.44	64.16	16.57	30.01	60.73	95.48
Interest Expense	-	-	-0.32	-0.16	-0.98	-3.1
Interest & Investment Income	8.14	8.79	11.37	12.85	6.14	4.16
Other Non Operating Income (Expenses)	-28.53	-30.43	0.01	-0.61	-1.04	-0.65
EBT Excluding Unusual Items	50.06	42.53	27.63	42.08	64.85	95.89
Gain (Loss) on Sale of Investments	-	-	-0.19	-1.33	0.13	0.39
Gain (Loss) on Sale of Assets	0.49	0.47	-0.01	-0.02	0.05	-
Asset Writedown	-2.25	-1.84	0.15	-0.15	-0.02	-0.09
Other Unusual Items	-	-	3.42	3.18	7.84	1.46
Pretax Income	48.29	41.16	31.09	43.76	72.84	97.65
Income Tax Expense	3.06	2.62	2.76	5.83	8.03	13.43
Earnings From Continuing Operations	45.23	38.54	28.33	37.93	64.81	84.21
Net Income	45.23	38.54	28.33	37.93	64.81	84.21
Net Income to Common	45.23	38.54	28.33	37.93	64.81	84.21
Net Income Growth	95.57%	36.02%	-25.31%	-41.47%	-23.04%	13.57%
Shares Outstanding (Basic)	81	80	81	81	69	58
Shares Outstanding (Diluted)	81	80	81	81	69	60
Shares Change (YoY)	1.78%	-0.81%	0.29%	17.06%	14.63%	6.19%
EPS (Basic)	0.56	0.48	0.35	0.47	0.94	1.46
EPS (Diluted)	0.56	0.48	0.35	0.47	0.94	1.40
EPS Growth	92.16%	37.14%	-25.53%	-50.00%	-32.86%	6.87%
Free Cash Flow	3.73	-9.73	-50.54	-39.87	-79.04	4.97
Free Cash Flow Per Share	0.05	-0.12	-0.62	-0.49	-1.15	0.08
Dividend Per Share	-	-	0.150	0.100	0.120	-
Dividend Growth	-	-	49.84%	-16.58%	-	-
Gross Margin	34.61%	34.84%	38.06%	34.20%	32.81%	34.88%
Operating Margin	14.95%	14.39%	4.12%	6.56%	10.65%	16.28%
Profit Margin	9.60%	8.64%	7.05%	8.29%	11.36%	14.36%
Free Cash Flow Margin	0.79%	-2.18%	-12.58%	-8.71%	-13.86%	0.85%
EBITDA	82.75	75.21	22.58	35.61	65.51	98.85
EBITDA Margin	17.57%	16.87%	5.62%	7.78%	11.48%	16.85%
D&A For EBITDA	12.31	11.05	6.01	5.61	4.78	3.37
EBIT	70.44	64.16	16.57	30.01	60.73	95.48
EBIT Margin	14.95%	14.39%	4.12%	6.56%	10.65%	16.28%
Effective Tax Rate	6.34%	6.36%	8.88%	13.32%	11.02%	13.76%
Revenue as Reported	-	-	401.75	457.7	570.39	586.55
Advertising Expenses	-	-	1.29	0.78	1.71	1.04

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