SHE:300508 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	Dec '21 Dec 31, 2021
Operating Revenue	577.4	538.91	465.21	440.96	386.82	412.68
Other Revenue	6.97	6.97	0.48	0.3	0.7	0.8
Revenue	584.37	545.89	465.69	441.26	387.52	413.49
Revenue Growth	12.71%	17.22%	5.53%	13.87%	-6.28%	97.61%
Cost of Revenue	295.25	253.02	191.23	179.73	174.05	195.31
Gross Profit	289.12	292.87	274.46	261.53	213.47	218.17
Selling, General & Admin	120.77	111.67	102.08	97.74	64.13	73.5
Research & Development	112.49	108.58	113.53	125.71	109.09	95.91
Other Operating Expenses	0.84	-6.54	-6.65	-9.04	-15.1	-7.45
Operating Expenses	233.91	216.21	209.13	213.74	159.34	162.51
Operating Income	55.21	76.66	65.33	47.79	54.13	55.67
Interest Expense	-5.56	-1.84	-0.52	-0.58	-0.49	-0.32
Interest & Investment Income	-	19.72	6.31	1.48	4.05	9.44
Currency Exchange Gain (Loss)	-0.17	-0.09	0.1	0.06	0.74	-0.17
Other Non Operating Income (Expenses)	-6.04	-0.02	7.93	-0.02	-0.02	0.5
EBT Excluding Unusual Items	43.44	94.43	79.14	48.72	58.41	65.11
Impairment of Goodwill	-	-	-	-7.6	-	-
Gain (Loss) on Sale of Investments	-15.22	-13.29	7.12	-4.52	-7.55	-0.85
Gain (Loss) on Sale of Assets	-0.04	6.47	6.5	0.03	0.04	-0.1
Other Unusual Items	5.29	4.1	2.6	3.12	-0.06	-
Pretax Income	33.3	91.71	95.36	39.75	50.84	64.16
Income Tax Expense	9.65	4.14	0.08	0.52	1.83	5.46
Earnings From Continuing Operations	23.65	87.57	95.28	39.23	49.01	58.7
Minority Interest in Earnings	0.84	0.24	0.14	0.3	1.59	0.41
Net Income	24.5	87.81	95.42	39.53	50.6	59.11
Net Income to Common	24.5	87.81	95.42	39.53	50.6	59.11
Net Income Growth	-71.86%	-7.98%	141.38%	-21.87%	-14.39%	103.25%
Shares Outstanding (Basic)	108	108	109	109	109	109
Shares Outstanding (Diluted)	108	109	109	109	109	109
Shares Change	-1.28%	-0.77%	0.21%	0.12%	0.01%	0.01%
EPS (Basic)	0.23	0.81	0.87	0.36	0.46	0.54
EPS (Diluted)	0.23	0.81	0.87	0.36	0.46	0.54
EPS Growth	-71.50%	-7.26%	140.87%	-21.97%	-14.40%	103.23%

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	Dec '21 Dec 31, 2021
Free Cash Flow	51.62	72.45	66.98	61.29	-9.04	-27.03
Free Cash Flow Per Share	0.48	0.67	0.61	0.56	-0.08	-0.25
Dividend Per Share	0.161	0.161	0.188	0.080	0.088	0.124
Dividend Growth	-14.36%	-14.36%	135.00%	-9.09%	-29.15%	338.87%
Gross Margin	49.48%	53.65%	58.94%	59.27%	55.08%	52.76%
Operating Margin	9.45%	14.04%	14.03%	10.83%	13.97%	13.46%
Profit Margin	4.19%	16.09%	20.49%	8.96%	13.06%	14.29%
Free Cash Flow Margin	8.83%	13.27%	14.38%	13.89%	-2.33%	-6.54%
EBITDA	77.02	98.61	87.47	65.57	61.51	63.32
EBITDA Margin	13.18%	18.07%	18.78%	14.86%	15.87%	15.31%
D&A For EBITDA	21.81	21.95	22.14	17.78	7.38	7.65
EBIT	55.21	76.66	65.33	47.79	54.13	55.67
EBIT Margin	9.45%	14.04%	14.03%	10.83%	13.97%	13.46%
Effective Tax Rate	28.97%	4.52%	0.09%	1.32%	3.60%	8.51%
Revenue as Reported	147.49	545.89	465.69	441.26	387.52	413.49
Advertising Expenses	-	2.88	2.61	3.17	-	-