SHE:300653 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	364.09	362.93	413.35	432.95	399.9
Other Revenue	0.05	0.29	0.3	0.27	0.28
Revenue	364.14	363.23	413.65	433.22	400.18
Revenue Growth (YoY)	0.25%	-12.19%	-4.52%	8.26%	36.45%
Cost of Revenue	51.43	44.89	42.98	49.87	44.42
Gross Profit	312.71	318.34	370.67	383.35	355.75
Selling, General & Admin	177.18	147.9	132.04	145.55	151.39
Research & Development	57.33	39.52	44.05	37.55	35.18
Other Operating Expenses	5.16	3.9	3.86	3.87	3.93
Operating Expenses	239.93	191.71	180	187.24	190.84
Operating Income	72.78	126.63	190.68	196.12	164.91
Interest Expense	-0.01	-0.01	-0.01	-0	-
Interest & Investment Income	8.82	13.38	18.9	10.9	1.72
Other Non Operating Income (Expenses)	-0.03	-0.21	-0.34	0.19	-0.04
EBT Excluding Unusual Items	81.57	139.78	209.23	207.21	166.59
Gain (Loss) on Sale of Investments	5.11	5.43	7.3	-2.79	15.94
Gain (Loss) on Sale of Assets	-0.06	-0.08	0.02	-0.92	-
Asset Writedown	-	-	-0.12	-0.11	-0.19
Other Unusual Items	1.51	7.24	1.97	8.73	9.23
Pretax Income	88.13	152.38	218.4	212.11	191.58
Income Tax Expense	5.72	17.74	27.44	26.67	23.03
Net Income	82.41	134.64	190.96	185.44	168.55
Net Income to Common	82.41	134.64	190.96	185.44	168.55
Net Income Growth	-38.79%	-29.49%	2.98%	10.02%	42.44%
Shares Outstanding (Basic)	179	180	180	145	179
Shares Outstanding (Diluted)	179	180	180	145	179
Shares Change (YoY)	-0.20%	-0.35%	24.35%	-19.21%	0.01%
EPS (Basic)	0.46	0.75	1.06	1.28	0.94
EPS (Diluted)	0.46	0.75	1.06	1.28	0.94
EPS Growth	-38.67%	-29.24%	-17.19%	36.17%	42.42%
Free Cash Flow	88.09	135.81	148.6	131.78	156.31
Free Cash Flow Per Share	0.49	0.76	0.82	0.91	0.87
Dividend Per Share	0.280	0.460	0.802	0.600	0.587
Dividend Growth	-39.13%	-42.63%	33.63%	2.27%	251.95%
Gross Margin	85.88%	87.64%	89.61%	88.49%	88.90%
Operating Margin	19.99%	34.86%	46.10%	45.27%	41.21%
Profit Margin	22.63%	37.07%	46.16%	42.80%	42.12%
Free Cash Flow Margin	24.19%	37.39%	35.92%	30.42%	39.06%
EBITDA	95.09	149.22	211.19	215.22	182.65
EBITDA Margin	26.11%	41.08%	51.06%	49.68%	45.64%
D&A For EBITDA	22.31	22.59	20.52	19.1	17.74
EBIT	72.78	126.63	190.68	196.12	164.91
EBIT Margin	19.99%	34.86%	46.10%	45.27%	41.21%
Effective Tax Rate	6.49%	11.64%	12.56%	12.57%	12.02%
Revenue as Reported	364.14	363.23	413.65	433.22	400.18
Advertising Expenses	1.92	4.19	3.33	4.06	5.11

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