SHE:300354 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	502.77	506.21	476.77	357.21	344.43	234.75
Other Revenue	24.76	24.76	25.45	20.99	22.65	22.29
Revenue	527.54	530.97	502.22	378.19	367.08	257.04
Revenue Growth (YoY)	4.12%	5.73%	32.80%	3.03%	42.81%	25.22%
Cost of Revenue	178.97	180.23	169.18	130.66	118.32	82.79
Gross Profit	348.57	350.74	333.04	247.53	248.76	174.25
Selling, General & Admin	132.93	135.23	124.32	100.25	83.67	69.54
Research & Development	63.42	62.95	61.37	41.08	34.62	27.1
Other Operating Expenses	-5.4	-6.96	-2.97	1.48	-9.05	-5.33
Operating Expenses	192.1	192.35	189.84	149.54	118.17	94.38
Operating Income	156.47	158.39	143.2	97.99	130.59	79.87
Interest Expense	-0.3	-0.3	-0.38	-0.04	-0	-
Interest & Investment Income	0.37	0.13	0.17	0.45	0.98	0.45
Currency Exchange Gain (Loss)	0	0	-	-	0.04	-0
Other Non Operating Income (Expenses)	-0.31	-0.14	0.56	-1.96	-0.22	1.84
EBT Excluding Unusual Items	156.22	158.08	143.55	96.43	131.38	82.16
Gain (Loss) on Sale of Investments	-0.37	-0.37	-	-	-	-
Gain (Loss) on Sale of Assets	0.01	0.01	-0.02	-0.04	-0.04	-0.02
Other Unusual Items	8.8	8.64	0.93	3.08	4.67	3.58
Pretax Income	164.66	166.36	144.46	99.48	136.01	85.73
Income Tax Expense	29.87	30.22	23.44	11.73	14.23	5.7
Earnings From Continuing Operations	134.8	136.15	121.02	87.75	121.78	80.02
Minority Interest in Earnings	0.49	0.78	0.86	-0	-	-
Net Income	135.29	136.92	121.88	87.75	121.78	80.02
Net Income to Common	135.29	136.92	121.88	87.75	121.78	80.02
Net Income Growth	9.61%	12.34%	38.90%	-27.94%	52.18%	58.91%
Shares Outstanding (Basic)	138	138	139	139	138	138
Shares Outstanding (Diluted)	138	138	139	139	138	138
Shares Change (YoY)	-0.43%	-0.14%	-0.56%	0.65%	0.30%	-1.36%
EPS (Basic)	0.98	0.99	0.88	0.63	0.88	0.58
EPS (Diluted)	0.98	0.99	0.88	0.63	0.88	0.58
EPS Growth	10.09%	12.50%	39.68%	-28.41%	51.72%	61.11%
Free Cash Flow	192.13	174.91	14.76	-22.66	23.33	15.52
Free Cash Flow Per Share	1.39	1.26	0.11	-0.16	0.17	0.11
Dividend Per Share	0.200	0.200	0.177	0.128	0.177	0.175
Dividend Growth	12.99%	12.99%	38.28%	-27.68%	1.14%	59.09%
Gross Margin	66.07%	66.06%	66.31%	65.45%	67.77%	67.79%
Operating Margin	29.66%	29.83%	28.51%	25.91%	35.57%	31.07%
Profit Margin	25.65%	25.79%	24.27%	23.20%	33.17%	31.13%
Free Cash Flow Margin	36.42%	32.94%	2.94%	-5.99%	6.35%	6.04%
EBITDA	166.63	168.7	154.1	107.37	139.45	88.51
EBITDA Margin	31.59%	31.77%	30.69%	28.39%	37.99%	34.43%
D&A For EBITDA	10.17	10.31	10.91	9.38	8.86	8.64
EBIT	156.47	158.39	143.2	97.99	130.59	79.87
EBIT Margin	29.66%	29.83%	28.51%	25.91%	35.57%	31.07%
Effective Tax Rate	18.14%	18.16%	16.23%	11.79%	10.46%	6.65%
Revenue as Reported	527.54	530.97	502.22	378.19	367.08	257.04
Advertising Expenses	-	3.13	3.31	2.2	0.82	0.49

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