SHE:300590 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	Dec '21 Dec 31, 2021
Operating Revenue	1,112	855.98	949.46	956.59	1,002	916.03
Other Revenue	22.69	35.12	17.42	59.17	-	4.71
Revenue	1,135	891.1	966.88	1,016	1,002	920.74
Revenue Growth	33.62%	-7.84%	-4.81%	1.35%	8.85%	94.79%
Cost of Revenue	710.51	561.93	578.99	634.07	659.35	590.26
Gross Profit	424.3	329.17	387.89	381.69	342.87	330.48
Selling, General & Admin	129.28	130.2	125.88	117.71	104.35	76.42
Research & Development	153.77	143.63	125.33	121.45	113.37	96.39
Other Operating Expenses	0.55	6.46	6.32	4.95	2.3	0.49
Operating Expenses	284.75	280.66	258	243.35	222.12	174.39
Operating Income	139.55	48.51	129.89	138.35	120.75	156.09
Interest Expense	-0.14	-0.27	-0.2	-0.3	-0.42	-0.23
Interest & Investment Income	9.4	16.12	9.87	8.04	7	11.84
Currency Exchange Gain (Loss)	-3.51	-2.36	13.33	6.27	33.71	-7.54
Other Non Operating Income (Expenses)	-12.22	-0.59	-0.91	-1.28	-0.61	-0.52
EBT Excluding Unusual Items	133.09	61.41	151.98	151.07	160.43	159.64
Gain (Loss) on Sale of Investments	7.22	8.46	6.19	-8.53	6.21	3.43
Gain (Loss) on Sale of Assets	0.02	0.01	0.1	0.22	-	0.03
Asset Writedown	-5.57	0	-0	0	-0.01	0.02
Other Unusual Items	5.72	6.81	10.33	11.64	10.62	4.17
Pretax Income	140.48	76.7	168.6	154.44	177.25	167.33
Income Tax Expense	9.24	2.39	9.99	7.69	11.62	11.78
Earnings From Continuing Operations	131.24	74.31	158.61	146.75	165.63	155.55
Minority Interest in Earnings	0.53	0.25	-	-	-	-
Net Income	131.77	74.56	158.61	146.75	165.63	155.55
Net Income to Common	131.77	74.56	158.61	146.75	165.63	155.55
Net Income Growth	44.91%	-52.99%	8.08%	-11.40%	6.48%	71.94%
Shares Outstanding (Basic)	461	466	453	459	460	444
Shares Outstanding (Diluted)	461	466	453	459	460	444
Shares Change	0.10%	2.83%	-1.18%	-0.33%	3.52%	1.54%
EPS (Basic)	0.29	0.16	0.35	0.32	0.36	0.35
EPS (Diluted)	0.29	0.16	0.35	0.32	0.36	0.35
EPS Growth	44.76%	-54.29%	9.38%	-11.11%	2.86%	69.33%

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	Dec '21 Dec 31, 2021
Free Cash Flow	-71.82	45.79	282.17	298.08	-134.27	-62.17
Free Cash Flow Per Share	-0.16	0.10	0.62	0.65	-0.29	-0.14
Dividend Per Share	0.120	0.120	0.220	0.150	0.120	0.100
Dividend Growth	-45.45%	-45.45%	46.67%	25.00%	20.00%	79.86%
Gross Margin	37.39%	36.94%	40.12%	37.58%	34.21%	35.89%
Operating Margin	12.30%	5.44%	13.43%	13.62%	12.05%	16.95%
Profit Margin	11.61%	8.37%	16.40%	14.45%	16.53%	16.89%
Free Cash Flow Margin	-6.33%	5.14%	29.18%	29.35%	-13.40%	-6.75%
EBITDA	154.18	61.23	143.28	153.69	136.17	167.78
EBITDA Margin	13.59%	6.87%	14.82%	15.13%	13.59%	18.22%
D&A For EBITDA	14.63	12.73	13.39	15.35	15.42	11.69
EBIT	139.55	48.51	129.89	138.35	120.75	156.09
EBIT Margin	12.30%	5.44%	13.43%	13.62%	12.05%	16.95%
Effective Tax Rate	6.58%	3.11%	5.92%	4.98%	6.56%	7.04%
Revenue as Reported	531.13	891.1	966.88	1,016	1,002	920.74
Advertising Expenses	-	5.55	6.22	4.39	3.39	1.9