SHE:300606 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	Jan '22 Jan 1, 2022
Operating Revenue	541.4	541.93	491.73	560.42	391.13	441.4
Other Revenue	2.94	2.94	0.82	4.72	4.09	5.62
Revenue	544.34	544.87	492.55	565.14	395.23	447.02
Revenue Growth (YoY)	4.97%	10.62%	-12.85%	42.99%	-11.59%	7.74%
Cost of Revenue	422.26	426.43	424.79	410.31	302.63	290.43
Gross Profit	122.09	118.43	67.76	154.83	92.6	156.59
Selling, General & Admin	60.19	58.04	57.85	57.17	37.11	42.12
Research & Development	26.87	28.22	30.51	32.58	24.51	28.09
Other Operating Expenses	3.24	2.77	0.67	0.58	3.28	2.92
Operating Expenses	89.87	86.34	86.69	95.51	70.81	84.12
Operating Income	32.21	32.1	-18.93	59.32	21.79	72.47
Interest Expense	-7.22	-7.3	-3.47	-2.33	-1.98	-1.27
Interest & Investment Income	1.16	1.08	1.1	0.52	1.9	5.52
Currency Exchange Gain (Loss)	-0.75	-0.75	0.39	0.33	2.34	-0.48
Other Non Operating Income (Expenses)	0.25	-0.01	-0.71	-0.11	-0.16	-0.47
EBT Excluding Unusual Items	25.65	25.12	-21.63	57.73	23.89	75.78
Gain (Loss) on Sale of Investments	-0.89	-1.11	-1.61	-0.81	-0.01	-
Gain (Loss) on Sale of Assets	-1.7	-0.61	-0.08	0.02	-	-
Asset Writedown	-0.16	-0.11	-	-0.25	-	-
Other Unusual Items	0.44	0.46	2.07	1.57	1.79	1.52
Pretax Income	23.34	23.75	-21.24	58.27	25.67	77.3
Income Tax Expense	1.5	1.66	-4.96	5.25	-0.61	8.97
Earnings From Continuing Operations	21.84	22.09	-16.29	53.02	26.28	68.33
Minority Interest in Earnings	-1.82	-2.17	-0.11	-0.68	-0.43	-0.83
Net Income	20.03	19.91	-16.4	52.33	25.84	67.5
Net Income to Common	20.03	19.91	-16.4	52.33	25.84	67.5
Net Income Growth	-	-	-	102.51%	-61.72%	-5.30%
Shares Outstanding (Basic)	143	142	137	140	144	138
Shares Outstanding (Diluted)	143	142	137	140	144	138
Shares Change (YoY)	5.39%	4.09%	-2.48%	-2.41%	4.22%	0.50%
EPS (Basic)	0.14	0.14	-0.12	0.37	0.18	0.49
EPS (Diluted)	0.14	0.14	-0.12	0.37	0.18	0.49
EPS Growth	-	-	-	107.50%	-63.27%	-5.77%
Free Cash Flow	44.57	86.25	-67.88	-54.9	-81.22	-15.35
Free Cash Flow Per Share	0.31	0.61	-0.50	-0.39	-0.57	-0.11
Dividend Per Share	0.200	0.200	0.120	0.150	-	0.233
Dividend Growth	66.67%	66.67%	-20.00%	-	-	24.96%
Gross Margin	22.43%	21.74%	13.76%	27.40%	23.43%	35.03%
Operating Margin	5.92%	5.89%	-3.84%	10.50%	5.51%	16.21%
Profit Margin	3.68%	3.65%	-3.33%	9.26%	6.54%	15.10%
Free Cash Flow Margin	8.19%	15.83%	-13.78%	-9.71%	-20.55%	-3.43%
EBITDA	72.52	70.06	9.66	82.68	40.5	90.58
EBITDA Margin	13.32%	12.86%	1.96%	14.63%	10.25%	20.26%
D&A For EBITDA	40.3	37.96	28.59	23.37	18.72	18.1
EBIT	32.21	32.1	-18.93	59.32	21.79	72.47
EBIT Margin	5.92%	5.89%	-3.84%	10.50%	5.51%	16.21%
Effective Tax Rate	6.41%	7.01%	-	9.01%	-	11.60%
Revenue as Reported	544.34	544.87	492.55	565.14	395.23	447.02
Advertising Expenses	-	0.31	1.55	0.41	0.38	0.31

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