SHE:300354 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
Operating Revenue	530.97	476.77	357.21	344.43	234.75
Other Revenue	-	25.45	20.99	22.65	22.29
Revenue	530.97	502.22	378.19	367.08	257.04
Revenue Growth (YoY)	5.73%	32.80%	3.03%	42.81%	25.22%
Cost of Revenue	180.29	169.18	130.66	118.32	82.79
Gross Profit	350.68	333.04	247.53	248.76	174.25
Selling, General & Admin	135.23	124.32	100.25	83.67	69.54
Research & Development	62.95	61.37	41.08	34.62	27.1
Other Operating Expenses	-16.3	-2.97	1.48	-9.05	-5.33
Operating Expenses	181.88	189.84	149.54	118.17	94.38
Operating Income	168.8	143.2	97.99	130.59	79.87
Interest Expense	-	-0.38	-0.04	-0	-
Interest & Investment Income	-	0.17	0.45	0.98	0.45
Currency Exchange Gain (Loss)	-	-	-	0.04	-0
Other Non Operating Income (Expenses)	-2.08	0.56	-1.96	-0.22	1.84
EBT Excluding Unusual Items	166.73	143.55	96.43	131.38	82.16
Gain (Loss) on Sale of Investments	-0.37	-	-	-	-
Gain (Loss) on Sale of Assets	0.01	-0.02	-0.04	-0.04	-0.02
Asset Writedown	-0	-	-	-	-
Other Unusual Items	-	0.93	3.08	4.67	3.58
Pretax Income	166.36	144.46	99.48	136.01	85.73
Income Tax Expense	30.22	23.44	11.73	14.23	5.7
Earnings From Continuing Operations	136.15	121.02	87.75	121.78	80.02
Minority Interest in Earnings	0.78	0.86	-0	-	-
Net Income	136.92	121.88	87.75	121.78	80.02
Net Income to Common	136.92	121.88	87.75	121.78	80.02
Net Income Growth	12.34%	38.90%	-27.94%	52.18%	58.91%
Shares Outstanding (Basic)	138	139	139	138	138
Shares Outstanding (Diluted)	138	139	139	138	138
Shares Change (YoY)	-0.14%	-0.56%	0.65%	0.30%	-1.36%
EPS (Basic)	0.99	0.88	0.63	0.88	0.58
EPS (Diluted)	0.99	0.88	0.63	0.88	0.58
EPS Growth	12.50%	39.68%	-28.41%	51.72%	61.11%
Free Cash Flow	174.91	14.76	-22.66	23.33	15.52
Free Cash Flow Per Share	1.26	0.11	-0.16	0.17	0.11
Dividend Per Share	-	0.177	0.128	0.177	0.175
Dividend Growth	-	38.28%	-27.68%	1.14%	59.09%
Gross Margin	66.05%	66.31%	65.45%	67.77%	67.79%
Operating Margin	31.79%	28.51%	25.91%	35.57%	31.07%
Profit Margin	25.79%	24.27%	23.20%	33.17%	31.13%
Free Cash Flow Margin	32.94%	2.94%	-5.99%	6.35%	6.04%
EBITDA	179.93	152.46	107.37	139.45	88.51
EBITDA Margin	33.89%	30.36%	28.39%	37.99%	34.43%
D&A For EBITDA	11.13	9.26	9.38	8.86	8.64
EBIT	168.8	143.2	97.99	130.59	79.87
EBIT Margin	31.79%	28.51%	25.91%	35.57%	31.07%
Effective Tax Rate	18.16%	16.23%	11.79%	10.46%	6.65%
Revenue as Reported	-	502.22	378.19	367.08	257.04
Advertising Expenses	-	3.31	2.2	0.82	0.49

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