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	1,098	855.98	949.46	956.59	1,002	916.03
Other Revenue	37.3	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	716.08	561.93	578.99	634.07	659.35	590.26
Gross Profit	418.73	329.17	387.89	381.69	342.87	330.48
Selling, General & Admin	130.89	130.2	125.88	117.71	104.35	76.42
Research & Development	152.16	143.63	125.33	121.45	113.37	96.39
Other Operating Expenses	8.25	6.46	6.32	4.95	2.3	0.49
Operating Expenses	293.94	280.66	258	243.35	222.12	174.39
Operating Income	124.79	48.51	129.89	138.35	120.75	156.09
Interest Expense	-0.25	-0.27	-0.2	-0.3	-0.42	-0.23
Interest & Investment Income	14.1	16.12	9.87	8.04	7	11.84
Currency Exchange Gain (Loss)	-18.16	-2.36	13.33	6.27	33.71	-7.54
Other Non Operating Income (Expenses)	-0.31	-0.59	-0.91	-1.28	-0.61	-0.52
EBT Excluding Unusual Items	120.17	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	0	0	-0	0	-0.01	0.02
Other Unusual Items	13.07	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)	477	466	453	459	460	444
Shares Outstanding (Diluted)	477	466	453	459	460	444
Shares Change	7.15%	2.83%	-1.18%	-0.33%	3.52%	1.54%
EPS (Basic)	0.28	0.16	0.35	0.32	0.36	0.35
EPS (Diluted)	0.28	0.16	0.35	0.32	0.36	0.35
EPS Growth	35.23%	-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	-0.15	0.10	0.62	0.65	-0.29	-0.14
Dividend Per Share	0.220	0.120	0.220	0.150	0.120	0.100
Dividend Growth	0%	-45.45%	46.67%	25.00%	20.00%	79.86%
Gross Margin	36.90%	36.94%	40.12%	37.58%	34.21%	35.89%
Operating Margin	11.00%	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	137.38	61.23	143.28	153.69	136.17	167.78
EBITDA Margin	12.11%	6.87%	14.82%	15.13%	13.59%	18.22%
D&A For EBITDA	12.58	12.73	13.39	15.35	15.42	11.69
EBIT	124.79	48.51	129.89	138.35	120.75	156.09
EBIT Margin	11.00%	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	1,135	891.1	966.88	1,016	1,002	920.74
Advertising Expenses	-	5.55	6.22	4.39	3.39	1.9