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	Jun '26 Jun 30, 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	446.82	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	471.59	530.97	502.22	378.19	367.08	257.04
Revenue Growth	-7.34%	5.73%	32.80%	3.03%	42.81%	25.22%
Cost of Revenue	169.09	180.23	169.18	130.66	118.32	82.79
Gross Profit	302.5	350.74	333.04	247.53	248.76	174.25
Selling, General & Admin	139.25	135.23	124.32	100.25	83.67	69.54
Research & Development	64.15	62.95	61.37	41.08	34.62	27.1
Other Operating Expenses	-4.6	-6.96	-2.97	1.48	-9.05	-5.33
Operating Expenses	199.94	192.35	189.84	149.54	118.17	94.38
Operating Income	102.56	158.39	143.2	97.99	130.59	79.87
Interest Expense	-0.3	-0.3	-0.38	-0.04	-0	-
Interest & Investment Income	0.57	0.13	0.17	0.45	0.98	0.45
Currency Exchange Gain (Loss)	0	0	-	-	0.04	-0
Other Non Operating Income (Expenses)	2.72	-0.14	0.56	-1.96	-0.22	1.84
EBT Excluding Unusual Items	105.55	158.08	143.55	96.43	131.38	82.16
Gain (Loss) on Sale of Investments	-	-0.37	-	-	-	-
Gain (Loss) on Sale of Assets	-0	0.01	-0.02	-0.04	-0.04	-0.02
Other Unusual Items	8.64	8.64	0.93	3.08	4.67	3.58
Pretax Income	114.35	166.36	144.46	99.48	136.01	85.73
Income Tax Expense	14.99	30.22	23.44	11.73	14.23	5.7
Earnings From Continuing Operations	99.36	136.15	121.02	87.75	121.78	80.02
Minority Interest in Earnings	0.1	0.78	0.86	-0	-	-
Net Income	99.46	136.92	121.88	87.75	121.78	80.02
Net Income to Common	99.46	136.92	121.88	87.75	121.78	80.02
Net Income Growth	-19.77%	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	-0.56%	-0.14%	-0.56%	0.65%	0.30%	-1.36%
EPS (Basic)	0.72	0.99	0.88	0.63	0.88	0.58
EPS (Diluted)	0.72	0.99	0.88	0.63	0.88	0.58
EPS Growth	-19.32%	12.50%	39.68%	-28.41%	51.72%	61.11%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	157.95	174.91	14.76	-22.66	23.33	15.52
Free Cash Flow Per Share	1.14	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	64.14%	66.06%	66.31%	65.45%	67.77%	67.79%
Operating Margin	21.75%	29.83%	28.51%	25.91%	35.57%	31.07%
Profit Margin	21.09%	25.79%	24.27%	23.20%	33.17%	31.13%
Free Cash Flow Margin	33.49%	32.94%	2.94%	-5.99%	6.35%	6.04%
EBITDA	112.9	168.7	154.1	107.37	139.45	88.51
EBITDA Margin	23.94%	31.77%	30.69%	28.39%	37.99%	34.43%
D&A For EBITDA	10.34	10.31	10.91	9.38	8.86	8.64
EBIT	102.56	158.39	143.2	97.99	130.59	79.87
EBIT Margin	21.75%	29.83%	28.51%	25.91%	35.57%	31.07%
Effective Tax Rate	13.11%	18.16%	16.23%	11.79%	10.46%	6.65%
Revenue as Reported	530.97	530.97	502.22	378.19	367.08	257.04
Advertising Expenses	-	3.13	3.31	2.2	0.82	0.49