SHE:300306 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	Dec '21 Dec 31, 2021
Operating Revenue	358.78	366.35	389.53	373.31	397.52	422.84
Other Revenue	38.62	38.62	46.53	48.35	43.66	30.12
Revenue	397.4	404.97	436.06	421.65	441.18	452.95
Revenue Growth (YoY)	-7.76%	-7.13%	3.42%	-4.43%	-2.60%	12.58%
Cost of Revenue	145.64	150.37	160.4	150.41	172.65	186.96
Gross Profit	251.76	254.6	275.66	271.24	268.53	265.99
Selling, General & Admin	110.07	109.62	111.67	116.44	108.13	106.74
Research & Development	93.53	96.37	101.48	100.14	97.97	90.3
Other Operating Expenses	-0.84	-1.6	-3.07	-9.55	-1.69	-4.1
Operating Expenses	201.49	203.12	207.73	208.76	205.59	193.07
Operating Income	50.27	51.48	67.93	62.48	62.94	72.92
Interest Expense	-0	-0	-0.03	-0.05	-0.06	-0.07
Interest & Investment Income	17.16	16.87	14.69	16.68	4.65	17.38
Currency Exchange Gain (Loss)	-0.47	-0.47	0.29	0.32	1.59	-0.41
Other Non Operating Income (Expenses)	-0.14	0.02	-0.15	-0.03	1.31	-0.14
EBT Excluding Unusual Items	66.82	67.89	82.73	79.41	70.43	89.67
Gain (Loss) on Sale of Investments	0.29	0.28	6.42	11.07	9.78	10.97
Gain (Loss) on Sale of Assets	0.03	0.03	-	-	0.05	5.87
Asset Writedown	-0.33	-0.33	0.01	-	-0	-5.32
Other Unusual Items	7.2	7.2	8.05	10.94	9.49	11.68
Pretax Income	74.01	75.08	97.21	101.42	89.74	112.86
Income Tax Expense	-1.46	-1.09	1.48	5.14	8.77	7.09
Earnings From Continuing Operations	75.47	76.17	95.73	96.28	80.97	105.78
Minority Interest in Earnings	-4.93	-4.68	-3.37	-2.87	-0.96	-0.42
Net Income	70.55	71.49	92.36	93.41	80.01	105.36
Net Income to Common	70.55	71.49	92.36	93.41	80.01	105.36
Net Income Growth	-22.05%	-22.59%	-1.13%	16.75%	-24.06%	47.28%
Shares Outstanding (Basic)	259	265	272	267	267	270
Shares Outstanding (Diluted)	259	265	272	267	267	270
Shares Change (YoY)	-6.36%	-2.52%	1.78%	0.07%	-1.28%	-1.82%
EPS (Basic)	0.27	0.27	0.34	0.35	0.30	0.39
EPS (Diluted)	0.27	0.27	0.34	0.35	0.30	0.39
EPS Growth	-16.75%	-20.59%	-2.86%	16.67%	-23.08%	50.00%
Free Cash Flow	70.05	77.3	83.38	138.48	64.32	26.83
Free Cash Flow Per Share	0.27	0.29	0.31	0.52	0.24	0.10
Dividend Per Share	0.372	0.372	0.320	0.300	0.260	0.300
Dividend Growth	16.25%	16.25%	6.67%	15.38%	-13.33%	80.72%
Gross Margin	63.35%	62.87%	63.22%	64.33%	60.87%	58.72%
Operating Margin	12.65%	12.71%	15.58%	14.82%	14.27%	16.10%
Profit Margin	17.75%	17.65%	21.18%	22.15%	18.14%	23.26%
Free Cash Flow Margin	17.63%	19.09%	19.12%	32.84%	14.58%	5.92%
EBITDA	78.56	79.02	92.45	87.21	90.5	100.75
EBITDA Margin	19.77%	19.51%	21.20%	20.68%	20.51%	22.24%
D&A For EBITDA	28.29	27.54	24.52	24.73	27.56	27.83
EBIT	50.27	51.48	67.93	62.48	62.94	72.92
EBIT Margin	12.65%	12.71%	15.58%	14.82%	14.27%	16.10%
Effective Tax Rate	-	-	1.52%	5.07%	9.77%	6.28%
Revenue as Reported	404.97	404.97	436.06	421.65	441.18	452.95
Advertising Expenses	-	0.74	0.76	0.7	0.63	0.66

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