SHE:300563 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	Mar '26 Mar 31, 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	774.35	745.18	871.12	753.07	716.64	827.82
Other Revenue	99.45	99.45	5.98	1.94	51.72	11.84
Revenue	873.81	844.63	877.1	755.01	768.36	839.66
Revenue Growth (YoY)	0.95%	-3.70%	16.17%	-1.74%	-8.49%	35.10%
Cost of Revenue	695.67	670.11	734.45	628.16	664.94	704.09
Gross Profit	178.14	174.52	142.65	126.85	103.42	135.56
Selling, General & Admin	65.91	69.77	80.87	58.03	35.59	41.72
Research & Development	26.43	25.74	23.69	20.06	23.46	21.85
Other Operating Expenses	-2.67	-4.38	-0.51	-0.55	4.12	3.74
Operating Expenses	89.24	90.71	104.07	80.14	61.97	68.13
Operating Income	88.9	83.82	38.58	46.71	41.45	67.44
Interest Expense	-1.54	-1.54	-0.12	-0.08	-1.74	-0.35
Interest & Investment Income	4.13	4.13	54.29	3.31	0.81	5
Currency Exchange Gain (Loss)	-0.72	-0.72	0.67	0.08	0.76	-0.47
Other Non Operating Income (Expenses)	-6.07	-0.4	-0.17	-0.16	-0.32	0.52
EBT Excluding Unusual Items	84.69	85.28	93.26	49.85	40.95	72.13
Gain (Loss) on Sale of Investments	0.89	-1.59	-1.44	0.77	0.15	2.88
Gain (Loss) on Sale of Assets	-0.38	-0.38	-1.32	1.94	0.78	0.11
Asset Writedown	0.68	0.09	-0.3	-	-	-
Other Unusual Items	0.5	0.5	0.27	3.46	4.19	4.21
Pretax Income	86.38	83.91	90.47	56.02	46.07	79.33
Income Tax Expense	11.7	10.73	11.58	5.57	2.87	9.63
Earnings From Continuing Operations	74.69	73.18	78.89	50.45	43.2	69.7
Minority Interest in Earnings	0.68	0.81	0.65	-0	-0	-0
Net Income	75.37	73.99	79.54	50.45	43.2	69.69
Net Income to Common	75.37	73.99	79.54	50.45	43.2	69.69
Net Income Growth	81.97%	-6.98%	57.67%	16.77%	-38.01%	12.70%
Shares Outstanding (Basic)	185	180	177	180	180	179
Shares Outstanding (Diluted)	185	180	185	180	180	179
Shares Change (YoY)	1.08%	-2.44%	2.67%	0.09%	0.73%	6.92%
EPS (Basic)	0.41	0.41	0.45	0.28	0.24	0.39
EPS (Diluted)	0.41	0.41	0.43	0.28	0.24	0.39
EPS Growth	80.02%	-4.65%	53.57%	16.67%	-38.46%	5.41%
Free Cash Flow	11.36	130.97	27.06	-18.09	6.46	-3.54
Free Cash Flow Per Share	0.06	0.73	0.15	-0.10	0.04	-0.02
Dividend Per Share	0.240	0.240	0.270	0.200	0.090	0.090
Dividend Growth	-11.11%	-11.11%	35.00%	122.22%	-	14.07%
Gross Margin	20.39%	20.66%	16.26%	16.80%	13.46%	16.14%
Operating Margin	10.17%	9.92%	4.40%	6.19%	5.39%	8.03%
Profit Margin	8.63%	8.76%	9.07%	6.68%	5.62%	8.30%
Free Cash Flow Margin	1.30%	15.51%	3.09%	-2.40%	0.84%	-0.42%
EBITDA	134.85	129.32	82.27	88.18	84.9	106.76
EBITDA Margin	15.43%	15.31%	9.38%	11.68%	11.05%	12.71%
D&A For EBITDA	45.96	45.5	43.69	41.47	43.45	39.32
EBIT	88.9	83.82	38.58	46.71	41.45	67.44
EBIT Margin	10.17%	9.92%	4.40%	6.19%	5.39%	8.03%
Effective Tax Rate	13.54%	12.78%	12.80%	9.94%	6.24%	12.14%
Revenue as Reported	844.63	844.63	877.1	755.01	768.36	839.66
Advertising Expenses	-	10.61	9.02	6.19	2.79	5.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.