SHE:300693 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	3,463	2,972	2,592	1,466	998.73
Other Revenue	-	64.34	59.28	37.34	22.66
Revenue	3,463	3,036	2,651	1,503	1,021
Revenue Growth (YoY)	14.07%	14.53%	76.37%	47.16%	32.41%
Cost of Revenue	-	1,868	1,584	854.42	587.72
Gross Profit	3,463	1,169	1,067	648.68	433.66
Selling, General & Admin	-	475.57	424.92	268.34	200.65
Research & Development	-	256.75	231	147.97	113.48
Other Operating Expenses	2,943	-26.16	-18.99	-15.59	-19.25
Operating Expenses	2,943	718.4	647.75	414.86	306.09
Operating Income	520.65	450.19	419	233.82	127.57
Interest Expense	-	-7.84	-5.23	-5.18	-4.6
Interest & Investment Income	-	3.5	6.07	3.97	1.37
Currency Exchange Gain (Loss)	-	3.22	10.92	5.61	-3.82
Other Non Operating Income (Expenses)	-1.04	-0.56	0.59	-1.88	1.3
EBT Excluding Unusual Items	519.61	448.52	431.35	236.34	121.83
Gain (Loss) on Sale of Investments	-	5.59	5.23	3.57	3.09
Gain (Loss) on Sale of Assets	-	0.67	0.58	0.03	-0.01
Asset Writedown	-	-0.56	-0.23	-1.38	-0.19
Legal Settlements	-	-0.37	-1.34	-	-
Other Unusual Items	-	8.58	20.37	7.74	-0.02
Pretax Income	519.61	462.43	455.96	246.3	124.7
Income Tax Expense	45.24	38.07	54.89	22.76	11.25
Earnings From Continuing Operations	474.37	424.37	401.07	223.55	113.45
Minority Interest in Earnings	-	4.61	1.76	-	-
Net Income	474.37	428.98	402.83	223.55	113.45
Net Income to Common	474.37	428.98	402.83	223.55	113.45
Net Income Growth	10.58%	6.49%	80.20%	97.04%	6.93%
Shares Outstanding (Basic)	311	310	309	307	309
Shares Outstanding (Diluted)	311	310	309	308	309
Shares Change (YoY)	0.34%	0.31%	0.57%	-0.33%	0.47%
EPS (Basic)	1.52	1.38	1.30	0.73	0.37
EPS (Diluted)	1.52	1.38	1.30	0.73	0.37
EPS Growth	10.21%	6.16%	79.17%	97.69%	6.43%
Free Cash Flow	-	216.29	292.73	58.97	-32.51
Free Cash Flow Per Share	-	0.70	0.95	0.19	-0.10
Dividend Per Share	-	0.500	0.330	0.147	0.080
Dividend Growth	-	51.52%	124.49%	83.29%	12.48%
Gross Margin	100.00%	38.49%	40.24%	43.16%	42.46%
Operating Margin	15.03%	14.83%	15.80%	15.56%	12.49%
Profit Margin	13.70%	14.13%	15.20%	14.87%	11.11%
Free Cash Flow Margin	-	7.12%	11.04%	3.92%	-3.18%
EBITDA	561.29	490.84	446.47	254.32	140.93
EBITDA Margin	16.21%	16.17%	16.84%	16.92%	13.80%
D&A For EBITDA	40.65	40.65	27.47	20.49	13.36
EBIT	520.65	450.19	419	233.82	127.57
EBIT Margin	15.03%	14.83%	15.80%	15.56%	12.49%
Effective Tax Rate	8.71%	8.23%	12.04%	9.24%	9.02%
Revenue as Reported	-	3,036	2,651	1,503	-
Advertising Expenses	-	17.53	11.73	-	3.68

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