SHE:300690 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	1,039	1,004	939.2	744.8	1,030	1,001
Other Revenue	4.08	4.08	4.35	4.44	1.26	0.19
Revenue	1,043	1,008	943.55	749.24	1,031	1,002
Revenue Growth (YoY)	3.71%	6.81%	25.93%	-27.35%	2.97%	-28.04%
Cost of Revenue	755.82	732.35	716.81	557.61	820.13	716.86
Gross Profit	287.52	275.43	226.74	191.63	211.21	284.76
Selling, General & Admin	83.86	82.34	74.56	80.74	68.99	66.61
Research & Development	29.74	35.07	34.8	26.25	36.87	33.2
Other Operating Expenses	17.24	15.92	5.75	2.52	10.55	10.03
Operating Expenses	119.91	122.8	137.69	103.83	126.74	121.03
Operating Income	167.61	152.63	89.06	87.8	84.47	163.74
Interest Expense	-4.55	-0.52	-0.61	-0.66	-0.79	-0.37
Interest & Investment Income	19.07	23.05	10.81	9.81	3.91	8.78
Currency Exchange Gain (Loss)	-0.02	-0.02	2.16	4.46	15.19	-6.91
Other Non Operating Income (Expenses)	-0.85	-0.88	-0.83	-0.17	-0.04	-0.34
EBT Excluding Unusual Items	181.25	174.27	100.58	101.24	102.74	164.89
Gain (Loss) on Sale of Investments	-8.18	6.72	-2.7	-2.73	-18.28	-0.5
Gain (Loss) on Sale of Assets	-0.06	0	0.04	-	0.11	-0.03
Asset Writedown	-0.45	-0.45	-0.06	-0.16	-0.63	-0.41
Other Unusual Items	3.42	2.89	1.28	2.86	8.94	8.84
Pretax Income	175.99	183.43	99.13	101.2	92.88	172.79
Income Tax Expense	25.55	23.98	13.39	13.45	12.25	23.45
Earnings From Continuing Operations	150.44	159.45	85.75	87.76	80.64	149.34
Minority Interest in Earnings	0.23	0.24	0.21	0.18	1.28	1.13
Net Income	150.68	159.7	85.95	87.94	81.92	150.47
Net Income to Common	150.68	159.7	85.95	87.94	81.92	150.47
Net Income Growth	33.10%	85.80%	-2.26%	7.34%	-45.55%	-53.30%
Shares Outstanding (Basic)	163	165	165	166	167	167
Shares Outstanding (Diluted)	163	165	165	166	167	167
Shares Change (YoY)	-3.61%	-0.40%	-0.38%	-0.76%	0.00%	0.67%
EPS (Basic)	0.92	0.97	0.52	0.53	0.49	0.90
EPS (Diluted)	0.92	0.97	0.52	0.53	0.49	0.90
EPS Growth	38.08%	86.54%	-1.89%	8.16%	-45.56%	-53.61%
Free Cash Flow	49.35	90.15	101.86	105.06	-62.92	-31.41
Free Cash Flow Per Share	0.30	0.55	0.62	0.63	-0.38	-0.19
Dividend Per Share	0.387	0.387	0.210	0.210	0.150	0.300
Dividend Growth	84.29%	84.29%	-	40.00%	-50.00%	-55.00%
Gross Margin	27.56%	27.33%	24.03%	25.58%	20.48%	28.43%
Operating Margin	16.06%	15.15%	9.44%	11.72%	8.19%	16.35%
Profit Margin	14.44%	15.85%	9.11%	11.74%	7.94%	15.02%
Free Cash Flow Margin	4.73%	8.95%	10.80%	14.02%	-6.10%	-3.14%
EBITDA	197.83	182.75	118.79	116.62	110.93	188.25
EBITDA Margin	18.96%	18.13%	12.59%	15.57%	10.76%	18.80%
D&A For EBITDA	30.21	30.12	29.73	28.82	26.46	24.52
EBIT	167.61	152.63	89.06	87.8	84.47	163.74
EBIT Margin	16.06%	15.15%	9.44%	11.72%	8.19%	16.35%
Effective Tax Rate	14.52%	13.07%	13.50%	13.29%	13.18%	13.57%
Revenue as Reported	1,043	1,008	943.55	749.24	1,031	1,002
Advertising Expenses	-	0.71	1.48	0.54	0.34	0.59

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