SHE:300653 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	347.7	364.09	362.93	413.35	432.95	399.9
Other Revenue	0.05	0.05	0.29	0.3	0.27	0.28
Revenue	347.75	364.14	363.23	413.65	433.22	400.18
Revenue Growth (YoY)	-6.27%	0.25%	-12.19%	-4.52%	8.26%	36.45%
Cost of Revenue	46.94	51.43	44.89	42.98	49.87	44.42
Gross Profit	300.81	312.71	318.34	370.67	383.35	355.75
Selling, General & Admin	178.31	177.18	147.9	132.04	145.55	151.39
Research & Development	57.14	57.33	39.52	44.05	37.55	35.18
Other Operating Expenses	6.54	5.16	3.9	3.86	3.87	3.93
Operating Expenses	242.25	239.93	191.71	180	187.24	190.84
Operating Income	58.56	72.78	126.63	190.68	196.12	164.91
Interest Expense	-0.01	-0.01	-0.01	-0.01	-0	-
Interest & Investment Income	9.18	8.82	13.38	18.9	10.9	1.72
Other Non Operating Income (Expenses)	-0.05	-0.03	-0.21	-0.34	0.19	-0.04
EBT Excluding Unusual Items	67.68	81.57	139.78	209.23	207.21	166.59
Gain (Loss) on Sale of Investments	4.95	5.11	5.43	7.3	-2.79	15.94
Gain (Loss) on Sale of Assets	-0.06	-0.06	-0.08	0.02	-0.92	-
Asset Writedown	-	-	-	-0.12	-0.11	-0.19
Other Unusual Items	1.51	1.51	7.24	1.97	8.73	9.23
Pretax Income	74.09	88.13	152.38	218.4	212.11	191.58
Income Tax Expense	3.55	5.72	17.74	27.44	26.67	23.03
Net Income	70.53	82.41	134.64	190.96	185.44	168.55
Net Income to Common	70.53	82.41	134.64	190.96	185.44	168.55
Net Income Growth	-41.65%	-38.79%	-29.49%	2.98%	10.02%	42.44%
Shares Outstanding (Basic)	181	179	180	180	145	179
Shares Outstanding (Diluted)	181	179	180	180	145	179
Shares Change (YoY)	1.60%	-0.20%	-0.35%	24.35%	-19.21%	0.01%
EPS (Basic)	0.39	0.46	0.75	1.06	1.28	0.94
EPS (Diluted)	0.39	0.46	0.75	1.06	1.28	0.94
EPS Growth	-42.58%	-38.67%	-29.24%	-17.19%	36.17%	42.42%
Free Cash Flow	56.87	88.09	135.81	148.6	131.78	156.31
Free Cash Flow Per Share	0.31	0.49	0.76	0.82	0.91	0.87
Dividend Per Share	0.280	0.280	0.460	0.802	0.600	0.587
Dividend Growth	-39.13%	-39.13%	-42.63%	33.63%	2.27%	251.95%
Gross Margin	86.50%	85.88%	87.64%	89.61%	88.49%	88.90%
Operating Margin	16.84%	19.99%	34.86%	46.10%	45.27%	41.21%
Profit Margin	20.28%	22.63%	37.07%	46.16%	42.80%	42.12%
Free Cash Flow Margin	16.35%	24.19%	37.39%	35.92%	30.42%	39.06%
EBITDA	80.8	95.09	149.22	211.19	215.22	182.65
EBITDA Margin	23.23%	26.11%	41.08%	51.06%	49.68%	45.64%
D&A For EBITDA	22.24	22.31	22.59	20.52	19.1	17.74
EBIT	58.56	72.78	126.63	190.68	196.12	164.91
EBIT Margin	16.84%	19.99%	34.86%	46.10%	45.27%	41.21%
Effective Tax Rate	4.80%	6.49%	11.64%	12.56%	12.57%	12.02%
Revenue as Reported	364.14	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.