SHE:300306 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	Dec '21 Dec 31, 2021
Operating Revenue	407.05	389.53	373.31	397.52	422.84
Other Revenue	-	46.53	48.35	43.66	30.12
Revenue	407.05	436.06	421.65	441.18	452.95
Revenue Growth (YoY)	-6.65%	3.42%	-4.43%	-2.60%	12.58%
Cost of Revenue	-	160.4	150.41	172.65	186.96
Gross Profit	407.05	275.66	271.24	268.53	265.99
Selling, General & Admin	-	111.67	116.44	108.13	106.74
Research & Development	-	101.48	100.14	97.97	90.3
Other Operating Expenses	331.98	-3.07	-9.55	-1.69	-4.1
Operating Expenses	331.98	207.73	208.76	205.59	193.07
Operating Income	75.07	67.93	62.48	62.94	72.92
Interest Expense	-	-0.03	-0.05	-0.06	-0.07
Interest & Investment Income	-	14.69	16.68	4.65	17.38
Currency Exchange Gain (Loss)	-	0.29	0.32	1.59	-0.41
Other Non Operating Income (Expenses)	0.99	-0.15	-0.03	1.31	-0.14
EBT Excluding Unusual Items	76.06	82.73	79.41	70.43	89.67
Gain (Loss) on Sale of Investments	-	6.42	11.07	9.78	10.97
Gain (Loss) on Sale of Assets	-	-	-	0.05	5.87
Asset Writedown	-	0.01	-	-0	-5.32
Other Unusual Items	-	8.05	10.94	9.49	11.68
Pretax Income	76.06	97.21	101.42	89.74	112.86
Income Tax Expense	3.83	1.48	5.14	8.77	7.09
Earnings From Continuing Operations	72.23	95.73	96.28	80.97	105.78
Minority Interest in Earnings	-	-3.37	-2.87	-0.96	-0.42
Net Income	72.23	92.36	93.41	80.01	105.36
Net Income to Common	72.23	92.36	93.41	80.01	105.36
Net Income Growth	-21.79%	-1.13%	16.75%	-24.06%	47.28%
Shares Outstanding (Basic)	268	272	267	267	270
Shares Outstanding (Diluted)	268	272	267	267	270
Shares Change (YoY)	-1.52%	1.78%	0.07%	-1.28%	-1.82%
EPS (Basic)	0.27	0.34	0.35	0.30	0.39
EPS (Diluted)	0.27	0.34	0.35	0.30	0.39
EPS Growth	-20.59%	-2.86%	16.67%	-23.08%	50.00%
Free Cash Flow	-	83.38	138.48	64.32	26.83
Free Cash Flow Per Share	-	0.31	0.52	0.24	0.10
Dividend Per Share	-	0.320	0.300	0.260	0.300
Dividend Growth	-	6.67%	15.38%	-13.33%	80.72%
Gross Margin	100.00%	63.22%	64.33%	60.87%	58.72%
Operating Margin	18.44%	15.58%	14.82%	14.27%	16.10%
Profit Margin	17.75%	21.18%	22.15%	18.14%	23.26%
Free Cash Flow Margin	-	19.12%	32.84%	14.58%	5.92%
EBITDA	104.65	97.51	87.21	90.5	100.75
EBITDA Margin	25.71%	22.36%	20.68%	20.51%	22.24%
D&A For EBITDA	29.57	29.57	24.73	27.56	27.83
EBIT	75.07	67.93	62.48	62.94	72.92
EBIT Margin	18.44%	15.58%	14.82%	14.27%	16.10%
Effective Tax Rate	5.04%	1.52%	5.07%	9.77%	6.28%
Revenue as Reported	-	436.06	421.65	441.18	452.95
Advertising Expenses	-	0.76	0.7	0.63	0.66

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