SHE:300192 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	749.17	755.49	791.97	766.68	786.65	845.81
Other Revenue	-	-	3.17	4.56	7.99	11.79
Revenue	749.17	755.49	795.14	771.25	794.65	857.59
Revenue Growth (YoY)	-5.27%	-4.99%	3.10%	-2.94%	-7.34%	1.03%
Cost of Revenue	505.11	503.66	530.71	515.62	551.03	583.39
Gross Profit	244.07	251.83	264.43	255.63	243.62	274.2
Selling, General & Admin	73.73	73.35	73.41	78.77	120.03	154.55
Research & Development	24.21	23.99	17.34	17.47	15.59	16.55
Other Operating Expenses	2.39	2.21	1.61	3.23	3.57	3.62
Operating Expenses	100.33	99.55	93.4	99.67	138.96	174.76
Operating Income	143.73	152.28	171.03	155.96	104.66	99.44
Interest Expense	-	-	-1.77	-2.96	-3.45	-12.63
Interest & Investment Income	5.76	5.76	10.36	10.98	5.77	6.1
Currency Exchange Gain (Loss)	-	-	0.14	-0.53	3.07	-1.01
Other Non Operating Income (Expenses)	-7.06	-4.79	-0.6	-2.16	-5.27	-9.94
EBT Excluding Unusual Items	147	153.25	179.15	161.29	104.77	81.96
Impairment of Goodwill	-	-	-	-	-	-478.98
Gain (Loss) on Sale of Investments	-6.51	0.04	-	-	-7.49	-23.3
Gain (Loss) on Sale of Assets	0.14	0.14	0.34	-0.89	1.9	-0.17
Asset Writedown	-1.43	-1.49	-0.1	-0.16	-0.4	-16.33
Legal Settlements	-	-	-1.21	-0.03	-0.08	-0.05
Other Unusual Items	-	-	0.85	0.78	0.54	1.88
Pretax Income	139.2	151.94	179.03	160.98	99.24	-434.99
Income Tax Expense	29.84	29.57	35.65	27.76	19.68	15.94
Earnings From Continuing Operations	109.36	122.37	143.39	133.23	79.57	-450.93
Net Income to Company	109.36	122.37	143.39	133.23	79.57	-450.93
Minority Interest in Earnings	0.85	1.32	1.67	5.29	-4.12	3.45
Net Income	110.21	123.69	145.06	138.51	75.44	-447.48
Net Income to Common	110.21	123.69	145.06	138.51	75.44	-447.48
Net Income Growth	-22.55%	-14.73%	4.73%	83.60%	-	-
Shares Outstanding (Basic)	329	329	329	329	328	304
Shares Outstanding (Diluted)	329	329	329	329	328	304
Shares Change (YoY)	0.00%	-0.01%	-	0.35%	7.75%	6.49%
EPS (Basic)	0.33	0.38	0.44	0.42	0.23	-1.47
EPS (Diluted)	0.33	0.38	0.44	0.42	0.23	-1.47
EPS Growth	-22.55%	-14.73%	4.73%	82.96%	-	-
Free Cash Flow	147.7	167.92	207.85	234.97	131.19	81.84
Free Cash Flow Per Share	0.45	0.51	0.63	0.71	0.40	0.27
Dividend Per Share	-	-	0.350	0.270	-	0.300
Dividend Growth	-	-	29.63%	-	-	-
Gross Margin	32.58%	33.33%	33.26%	33.15%	30.66%	31.97%
Operating Margin	19.18%	20.16%	21.51%	20.22%	13.17%	11.60%
Profit Margin	14.71%	16.37%	18.24%	17.96%	9.49%	-52.18%
Free Cash Flow Margin	19.71%	22.23%	26.14%	30.47%	16.51%	9.54%
EBITDA	159.84	171.36	202.01	186.78	137.27	132.78
EBITDA Margin	21.34%	22.68%	25.41%	24.22%	17.27%	15.48%
D&A For EBITDA	16.11	19.08	30.98	30.82	32.62	33.34
EBIT	143.73	152.28	171.03	155.96	104.66	99.44
EBIT Margin	19.18%	20.16%	21.51%	20.22%	13.17%	11.60%
Effective Tax Rate	21.44%	19.46%	19.91%	17.24%	19.83%	-
Revenue as Reported	-	-	795.14	771.25	794.65	857.59
Advertising Expenses	-	-	2.25	4.38	2.72	5.03

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