SHE:300235 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 2021
Period Ending	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
Revenue	90.85	92.15	101.74	107.79	111.49
Revenue Growth (YoY)	-1.41%	-9.43%	-5.61%	-3.32%	-8.86%
Cost of Revenue	20.03	16.06	24.66	29.23	36.98
Gross Profit	70.82	76.09	77.08	78.56	74.5
Selling, General & Admin	38.93	45.97	37.6	41.42	32.48
Research & Development	21.73	21.18	18.92	19.97	33.71
Other Operating Expenses	-2.6	-2.78	-3.24	-3.23	-2.29
Operating Expenses	58.06	65.18	53.07	58.63	63.34
Operating Income	12.76	10.9	24.02	19.93	11.16
Interest Expense	-	-	-0	-0.01	-
Interest & Investment Income	2.08	6.39	8.52	4.43	12.19
Currency Exchange Gain (Loss)	-	-	-	-	0.01
Other Non Operating Income (Expenses)	3.2	-0.2	-0.19	-0.19	0.2
EBT Excluding Unusual Items	18.04	17.1	32.34	24.16	23.56
Gain (Loss) on Sale of Investments	3.27	2.17	1.05	0.07	-
Asset Writedown	-0.86	-0.03	-0.02	-0.02	-0.01
Other Unusual Items	-	1.43	3.6	2.43	2.79
Pretax Income	20.44	20.67	36.98	26.64	26.35
Income Tax Expense	1.92	3.35	5.1	3.3	3.63
Earnings From Continuing Operations	18.52	17.32	31.88	23.33	22.71
Minority Interest in Earnings	0.07	0.05	-	-	0.16
Net Income	18.59	17.37	31.88	23.33	22.87
Net Income to Common	18.59	17.37	31.88	23.33	22.87
Net Income Growth	7.00%	-45.50%	36.63%	2.02%	-26.69%
Shares Outstanding (Basic)	266	248	245	259	245
Shares Outstanding (Diluted)	266	248	245	259	245
Shares Change (YoY)	7.00%	1.22%	-5.41%	5.76%	-0.44%
EPS (Basic)	0.07	0.07	0.13	0.09	0.09
EPS (Diluted)	0.07	0.07	0.13	0.09	0.09
EPS Growth	-	-46.15%	44.44%	-3.54%	-26.36%
Free Cash Flow	21.54	20.74	36.28	16.45	20.46
Free Cash Flow Per Share	0.08	0.08	0.15	0.06	0.08
Dividend Per Share	-	0.045	0.050	0.027	0.013
Dividend Growth	-	-10.00%	87.27%	100.75%	-63.76%
Gross Margin	77.95%	82.57%	75.77%	72.89%	66.83%
Operating Margin	14.04%	11.83%	23.61%	18.49%	10.01%
Profit Margin	20.46%	18.86%	31.33%	21.64%	20.51%
Free Cash Flow Margin	23.71%	22.50%	35.66%	15.26%	18.35%
EBITDA	17.2	15.11	28.26	24.6	16.84
EBITDA Margin	18.93%	16.40%	27.77%	22.82%	15.10%
D&A For EBITDA	4.44	4.21	4.24	4.67	5.68
EBIT	12.76	10.9	24.02	19.93	11.16
EBIT Margin	14.04%	11.83%	23.61%	18.49%	10.01%
Effective Tax Rate	9.37%	16.20%	13.79%	12.40%	13.79%
Revenue as Reported	-	92.15	101.74	107.79	111.49
Advertising Expenses	-	20.28	14.25	14.49	3.91

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.