SHE:300434 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	1,007	1,007	1,066	1,171	1,200	1,006
Other Revenue	30.17	31.23	36.05	38.09	42.79	47.74
Revenue	1,037	1,038	1,102	1,209	1,243	1,054
Revenue Growth	-3.24%	-5.80%	-8.84%	-2.69%	17.95%	35.53%
Cost of Revenue	417.65	435.38	473.18	467.99	480.74	459.56
Gross Profit	619.65	603.02	629.17	741.21	761.87	593.94
Selling, General & Admin	374.23	391.93	430.14	429.02	421.07	419.15
Research & Development	55.16	55.03	50	50.01	39.18	37.45
Other Operating Expenses	25.45	17.45	20.1	22.45	18.74	17.64
Operating Expenses	455.63	463.72	500.79	500.6	481.06	478.49
Operating Income	164.02	139.29	128.38	240.61	280.8	115.45
Interest Expense	-1.11	-1.16	-1.32	-0.67	-0.46	-0.02
Interest & Investment Income	2.78	3.16	5.34	12.09	2.74	2.97
Currency Exchange Gain (Loss)	-2.82	-0.92	0.61	0.42	1.38	-0.18
Other Non Operating Income (Expenses)	-1.07	-1.47	-3.89	3.28	-7.91	-0.46
EBT Excluding Unusual Items	161.79	138.89	129.12	255.73	276.56	117.77
Impairment of Goodwill	-	-	-	-67.51	-	-23.17
Gain (Loss) on Sale of Investments	6.06	-1.03	-11.35	-18.43	-11.97	-9.67
Gain (Loss) on Sale of Assets	0.39	0.17	-0.02	0.25	17.77	-0
Asset Writedown	-0.02	-0.35	-4.87	-0.78	-1.4	-2.72
Other Unusual Items	20.13	15.09	9.78	7.76	9.58	11.34
Pretax Income	188.36	152.78	122.66	177.02	290.54	93.54
Income Tax Expense	29.36	24.15	34.1	56.31	77.49	27.43
Earnings From Continuing Operations	159	128.62	88.56	120.71	213.05	66.1
Minority Interest in Earnings	2.35	3	3.2	5.49	5.74	0.38
Net Income	161.35	131.62	91.76	126.2	218.79	66.48
Net Income to Common	161.35	131.62	91.76	126.2	218.79	66.48
Net Income Growth	36.39%	43.44%	-27.29%	-42.32%	229.10%	-
Shares Outstanding (Basic)	399	399	399	407	405	391
Shares Outstanding (Diluted)	399	399	399	407	405	391
Shares Change	0.00%	-0.03%	-2.00%	0.48%	3.60%	-2.75%
EPS (Basic)	0.40	0.33	0.23	0.31	0.54	0.17
EPS (Diluted)	0.40	0.33	0.23	0.31	0.54	0.17
EPS Growth	36.38%	43.48%	-25.81%	-42.59%	217.65%	-

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	77.93	108.32	85.23	85.04	268.89	51.03
Free Cash Flow Per Share	0.20	0.27	0.21	0.21	0.66	0.13
Dividend Per Share	0.082	0.082	0.069	0.110	-	-
Dividend Growth	18.84%	18.84%	-37.27%	-	-	-
Gross Margin	59.74%	58.07%	57.07%	61.30%	61.31%	56.38%
Operating Margin	15.81%	13.41%	11.65%	19.90%	22.60%	10.96%
Profit Margin	15.55%	12.68%	8.32%	10.44%	17.61%	6.31%
Free Cash Flow Margin	7.51%	10.43%	7.73%	7.03%	21.64%	4.84%
EBITDA	257.69	240.13	231.35	334.33	371.87	202.41
EBITDA Margin	24.84%	23.13%	20.99%	27.65%	29.93%	19.21%
D&A For EBITDA	93.67	100.83	102.97	93.72	91.06	86.96
EBIT	164.02	139.29	128.38	240.61	280.8	115.45
EBIT Margin	15.81%	13.41%	11.65%	19.90%	22.60%	10.96%
Effective Tax Rate	15.58%	15.81%	27.80%	31.81%	26.67%	29.33%
Revenue as Reported	1,037	1,038	1,102	1,209	1,243	1,054
Advertising Expenses	-	49.92	69.57	74.99	59.7	69.59