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	Sep '26 Sep 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	468.24	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	493.01	530.97	502.22	378.19	367.08	257.04
Revenue Growth	-7.51%	5.73%	32.80%	3.03%	42.81%	25.22%
Cost of Revenue	181.4	180.23	169.18	130.66	118.32	82.79
Gross Profit	311.6	350.74	333.04	247.53	248.76	174.25
Selling, General & Admin	150.4	135.23	124.32	100.25	83.67	69.54
Research & Development	66.59	62.95	61.37	41.08	34.62	27.1
Other Operating Expenses	-0.33	-6.96	-2.97	1.48	-9.05	-5.33
Operating Expenses	218.35	192.35	189.84	149.54	118.17	94.38
Operating Income	93.26	158.39	143.2	97.99	130.59	79.87
Interest Expense	-0.09	-0.3	-0.38	-0.04	-0	-
Interest & Investment Income	0.52	0.13	0.17	0.45	0.98	0.45
Currency Exchange Gain (Loss)	0	0	-	-	0.04	-0
Other Non Operating Income (Expenses)	0.11	-0.14	0.56	-1.96	-0.22	1.84
EBT Excluding Unusual Items	93.79	158.08	143.55	96.43	131.38	82.16
Gain (Loss) on Sale of Investments	-	-0.37	-	-	-	-
Gain (Loss) on Sale of Assets	-0.01	0.01	-0.02	-0.04	-0.04	-0.02
Other Unusual Items	8.75	8.64	0.93	3.08	4.67	3.58
Pretax Income	102.53	166.36	144.46	99.48	136.01	85.73
Income Tax Expense	12.64	30.22	23.44	11.73	14.23	5.7
Earnings From Continuing Operations	89.9	136.15	121.02	87.75	121.78	80.02
Minority Interest in Earnings	0.1	0.78	0.86	-0	-	-
Net Income	89.99	136.92	121.88	87.75	121.78	80.02
Net Income to Common	89.99	136.92	121.88	87.75	121.78	80.02
Net Income Growth	-27.48%	12.34%	38.90%	-27.94%	52.18%	58.91%
Shares Outstanding (Basic)	139	138	139	139	138	138
Shares Outstanding (Diluted)	139	138	139	139	138	138
Shares Change	-0.04%	-0.14%	-0.56%	0.65%	0.30%	-1.36%
EPS (Basic)	0.65	0.99	0.88	0.63	0.88	0.58
EPS (Diluted)	0.65	0.99	0.88	0.63	0.88	0.58
EPS Growth	-27.45%	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	Sep '26 Sep 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	156.46	174.91	14.76	-22.66	23.33	15.52
Free Cash Flow Per Share	1.13	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	63.20%	66.06%	66.31%	65.45%	67.77%	67.79%
Operating Margin	18.92%	29.83%	28.51%	25.91%	35.57%	31.07%
Profit Margin	18.25%	25.79%	24.27%	23.20%	33.17%	31.13%
Free Cash Flow Margin	31.74%	32.94%	2.94%	-5.99%	6.35%	6.04%
EBITDA	103.13	168.7	154.1	107.37	139.45	88.51
EBITDA Margin	20.92%	31.77%	30.69%	28.39%	37.99%	34.43%
D&A For EBITDA	9.87	10.31	10.91	9.38	8.86	8.64
EBIT	93.26	158.39	143.2	97.99	130.59	79.87
EBIT Margin	18.92%	29.83%	28.51%	25.91%	35.57%	31.07%
Effective Tax Rate	12.32%	18.16%	16.23%	11.79%	10.46%	6.65%
Revenue as Reported	493.01	530.97	502.22	378.19	367.08	257.04
Advertising Expenses	-	3.13	3.31	2.2	0.82	0.49