SHE:003043 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 2020
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '20 Dec 31, 2020
Operating Revenue	1,002	625.6	459.5	617.11	367.14
Other Revenue	-	1.66	1.48	2.25	1.18
Revenue	1,002	627.26	460.98	619.36	368.32
Revenue Growth (YoY)	59.82%	36.07%	-25.57%	68.16%	18.60%
Cost of Revenue	732.2	445.07	317.62	403.19	227.22
Gross Profit	270.27	182.19	143.36	216.17	141.1
Selling, General & Admin	96.12	64.91	40.94	51.61	33.27
Research & Development	56.88	33.36	22.21	21.01	14.15
Other Operating Expenses	6.12	3.24	3.31	5.1	3.45
Operating Expenses	159.12	105.47	66.66	78.64	50.8
Operating Income	111.15	76.72	76.7	137.52	90.3
Interest Expense	-	-7.36	-4.98	-0.48	-0.17
Interest & Investment Income	1.01	19.47	16.08	4.46	1.61
Currency Exchange Gain (Loss)	-	8.29	4.89	33.65	-8.26
Other Non Operating Income (Expenses)	-16.51	-0.29	-0.53	-0.09	-0.09
EBT Excluding Unusual Items	95.65	96.84	92.16	175.06	83.4
Gain (Loss) on Sale of Investments	30.12	1.29	4.69	-0.63	-
Gain (Loss) on Sale of Assets	-0.07	-0.71	0.19	0.01	-0.06
Asset Writedown	-10.02	-1.1	-	-	-
Other Unusual Items	-	-1.12	2.22	0	0.79
Pretax Income	115.69	95.2	99.26	174.44	84.13
Income Tax Expense	8.75	11.64	11.18	24.19	12.34
Earnings From Continuing Operations	106.94	83.56	88.08	150.24	71.79
Minority Interest in Earnings	-22.35	-2.82	0.04	-0	0.03
Net Income	84.59	80.74	88.12	150.24	71.82
Net Income to Common	84.59	80.74	88.12	150.24	71.82
Net Income Growth	4.76%	-8.37%	-41.35%	109.20%	29.61%
Shares Outstanding (Basic)	134	118	112	112	84
Shares Outstanding (Diluted)	134	119	115	112	84
Shares Change (YoY)	12.85%	3.21%	3.05%	33.52%	-0.63%
EPS (Basic)	0.63	0.69	0.79	1.34	0.86
EPS (Diluted)	0.63	0.68	0.76	1.34	0.86
EPS Growth	-7.16%	-11.21%	-43.09%	56.68%	30.44%
Free Cash Flow	60.72	0.94	-105.26	41.5	95.25
Free Cash Flow Per Share	0.45	0.01	-0.91	0.37	1.14
Dividend Per Share	-	0.214	0.179	0.286	-
Dividend Growth	-	19.99%	-37.49%	-	-
Gross Margin	26.96%	29.04%	31.10%	34.90%	38.31%
Operating Margin	11.09%	12.23%	16.64%	22.20%	24.52%
Profit Margin	8.44%	12.87%	19.11%	24.26%	19.50%
Free Cash Flow Margin	6.06%	0.15%	-22.83%	6.70%	25.86%
EBITDA	160.1	97.86	91.63	151.18	101.49
EBITDA Margin	15.97%	15.60%	19.88%	24.41%	27.55%
D&A For EBITDA	48.94	21.13	14.93	13.66	11.18
EBIT	111.15	76.72	76.7	137.52	90.3
EBIT Margin	11.09%	12.23%	16.64%	22.20%	24.52%
Effective Tax Rate	7.56%	12.23%	11.26%	13.87%	14.67%
Revenue as Reported	-	627.26	460.98	619.36	368.32
Advertising Expenses	-	-	-	-	0.05

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