SHE:300239 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	746.08	743.59	850.21	970.41	937.89	609.82
Other Revenue	1.72	1.72	34.72	4.1	5.51	2.34
Revenue	747.8	745.31	884.93	974.51	943.4	612.17
Revenue Growth (YoY)	-10.03%	-15.78%	-9.19%	3.30%	54.11%	36.39%
Cost of Revenue	590.7	587.36	687.88	728.53	712.28	515.98
Gross Profit	157.1	157.95	197.06	245.98	231.12	96.19
Selling, General & Admin	68.09	69.21	67.96	69.75	67.81	40.1
Research & Development	25.03	25.48	27.36	26.1	25.83	12.98
Other Operating Expenses	7.95	8.6	4.92	12.58	12.52	9.23
Operating Expenses	101.92	104.14	99.82	110.21	106.47	62.34
Operating Income	55.18	53.81	97.23	135.77	124.65	33.85
Interest Expense	-4.01	-4.01	-2.56	-5.14	-7.63	-4.78
Interest & Investment Income	2.78	2.78	7.11	6.37	4.84	2.88
Currency Exchange Gain (Loss)	0.12	0.12	1.03	0.26	0.7	-0.03
Other Non Operating Income (Expenses)	-0.06	-0.29	-0.18	-0.17	-0.21	1.44
EBT Excluding Unusual Items	54	52.4	102.63	137.08	122.35	33.37
Gain (Loss) on Sale of Investments	-2.94	-2.86	-3.74	-4.33	-1.91	-2.53
Gain (Loss) on Sale of Assets	-0.08	-0.09	-0.28	0.08	0.14	0.09
Asset Writedown	-1.14	-0.27	-0.88	-0.86	-0.42	-0.6
Other Unusual Items	12.19	12.19	7.79	12.47	11.25	11.21
Pretax Income	62.59	61.92	105.63	144.49	131.65	41.54
Income Tax Expense	7.61	7.58	14.37	17.12	16.21	5.72
Earnings From Continuing Operations	54.98	54.34	91.26	127.37	115.44	35.82
Minority Interest in Earnings	0	0	-5.28	-7.49	-6	0.66
Net Income	54.99	54.34	85.98	119.89	109.44	36.48
Net Income to Common	54.99	54.34	85.98	119.89	109.44	36.48
Net Income Growth	-30.45%	-36.80%	-28.28%	9.55%	199.96%	97.74%
Shares Outstanding (Basic)	586	586	594	593	593	564
Shares Outstanding (Diluted)	627	626	647	612	593	564
Shares Change (YoY)	-2.86%	-3.24%	5.72%	3.12%	5.25%	7.89%
EPS (Basic)	0.09	0.09	0.14	0.20	0.18	0.06
EPS (Diluted)	0.09	0.09	0.13	0.20	0.18	0.06
EPS Growth	-28.41%	-34.69%	-32.16%	6.24%	185.01%	83.29%
Free Cash Flow	47.41	26.65	-8.04	67.15	86.76	0.15
Free Cash Flow Per Share	0.08	0.04	-0.01	0.11	0.15	-
Dividend Per Share	0.012	0.012	0.025	0.022	0.026	0.006
Dividend Growth	-52.00%	-52.00%	13.64%	-15.38%	333.33%	-
Gross Margin	21.01%	21.19%	22.27%	25.24%	24.50%	15.71%
Operating Margin	7.38%	7.22%	10.99%	13.93%	13.21%	5.53%
Profit Margin	7.35%	7.29%	9.72%	12.30%	11.60%	5.96%
Free Cash Flow Margin	6.34%	3.58%	-0.91%	6.89%	9.20%	0.02%
EBITDA	155.02	150.97	183.67	217.73	210.16	89.17
EBITDA Margin	20.73%	20.26%	20.76%	22.34%	22.28%	14.57%
D&A For EBITDA	99.84	97.16	86.44	81.96	85.52	55.32
EBIT	55.18	53.81	97.23	135.77	124.65	33.85
EBIT Margin	7.38%	7.22%	10.99%	13.93%	13.21%	5.53%
Effective Tax Rate	12.16%	12.25%	13.60%	11.85%	12.31%	13.76%
Revenue as Reported	745.31	745.31	884.93	974.51	943.4	612.17
Advertising Expenses	-	0.85	0.57	1.12	1.08	0.81

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