SHE:300499 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	1,061	981.48	688.71	569.55	1,902	1,677
Other Revenue	3.93	7.64	2.55	3.75	2.71	2.42
Revenue	1,065	989.12	691.26	573.3	1,904	1,679
Revenue Growth	28.87%	43.09%	20.58%	-69.89%	13.40%	36.72%
Cost of Revenue	755.8	706.1	529.87	435.35	1,533	1,238
Gross Profit	309.18	283.02	161.39	137.95	371.52	441.64
Selling, General & Admin	200.8	190.7	180.2	151.61	241.11	192.86
Research & Development	55.06	54.39	45.22	38.91	120.96	79.15
Other Operating Expenses	4.75	3.84	6.21	2.89	4.76	7.51
Operating Expenses	267.84	255.71	239.92	196.59	367.72	311.89
Operating Income	41.35	27.31	-78.53	-58.64	3.8	129.75
Interest Expense	-0.2	-0.44	-0.53	-3.81	-35.13	-36.61
Interest & Investment Income	38.02	35.66	24.44	20.83	361.52	2.12
Currency Exchange Gain (Loss)	-0.25	0.58	-0.53	1.13	-0.03	1.98
Other Non Operating Income (Expenses)	-5.71	0.02	-0.17	-0.22	-3.11	-3.16
EBT Excluding Unusual Items	73.2	63.13	-55.31	-40.71	327.06	94.08
Gain (Loss) on Sale of Assets	-0.11	0.1	-2.28	0.13	0.51	-0.62
Asset Writedown	-0.2	-4.01	-4.43	-0.81	-2.59	-0.67
Other Unusual Items	1.96	4.92	11.83	3.04	26.56	16.29
Pretax Income	74.86	64.14	-50.19	-38.36	351.54	109.09
Income Tax Expense	39.95	36.48	-0.57	-7.64	24.42	10.65
Earnings From Continuing Operations	34.91	27.66	-49.61	-30.71	327.12	98.44
Net Income to Company	34.91	27.66	-49.61	-30.71	327.12	98.44
Minority Interest in Earnings	-3.72	0.73	-0.71	-1.11	-40.39	-33.89
Net Income	31.18	28.38	-50.32	-31.83	286.72	64.55
Net Income to Common	31.18	28.38	-50.32	-31.83	286.72	64.55
Net Income Growth	-	-	-	-	344.20%	-20.29%
Shares Outstanding (Basic)	333	315	315	318	287	281
Shares Outstanding (Diluted)	333	315	315	318	287	307
Shares Change	-10.56%	0.27%	-1.18%	11.00%	-6.72%	2.48%
EPS (Basic)	0.09	0.09	-0.16	-0.10	1.00	0.23
EPS (Diluted)	0.09	0.09	-0.16	-0.10	1.00	0.21
EPS Growth	-	-	-	-	376.19%	-22.22%

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	-13.2	85.05	-121.05	25.38	-116.56	-52.33
Free Cash Flow Per Share	-0.04	0.27	-0.39	0.08	-0.41	-0.17
Dividend Per Share	0.066	0.066	-	-	0.120	-
Dividend Growth	-	-	-	-	-	-
Gross Margin	29.03%	28.61%	23.35%	24.06%	19.51%	26.30%
Operating Margin	3.88%	2.76%	-11.36%	-10.23%	0.20%	7.73%
Profit Margin	2.93%	2.87%	-7.28%	-5.55%	15.06%	3.84%
Free Cash Flow Margin	-1.24%	8.60%	-17.51%	4.43%	-6.12%	-3.12%
EBITDA	71.17	53.77	-55.95	-37.66	42.36	164.36
EBITDA Margin	6.68%	5.44%	-8.09%	-6.57%	2.22%	9.79%
D&A For EBITDA	29.82	26.47	22.58	20.98	38.56	34.61
EBIT	41.35	27.31	-78.53	-58.64	3.8	129.75
EBIT Margin	3.88%	2.76%	-11.36%	-10.23%	0.20%	7.73%
Effective Tax Rate	53.37%	56.88%	-	-	6.95%	9.76%
Revenue as Reported	571.38	989.12	691.26	573.3	1,904	1,679
Advertising Expenses	-	0.18	0.85	0.31	0.87	0.85