SHE:300802 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	785.74	763.92	654.76	551.64	667.78	577.29
Other Revenue	9.69	9.69	7.38	9.3	15.77	10.73
Revenue	795.44	773.61	662.14	560.94	683.55	588.03
Revenue Growth (YoY)	16.70%	16.84%	18.04%	-17.94%	16.24%	21.93%
Cost of Revenue	555.66	543.27	485.23	398.85	450.38	393.45
Gross Profit	239.77	230.34	176.91	162.08	233.17	194.58
Selling, General & Admin	67.21	68.76	59.59	51.63	53.61	46.19
Research & Development	72.43	71.39	69.57	62.8	66.57	48.45
Other Operating Expenses	-2.49	-2.12	-3.87	-4.89	-7.79	-5.23
Operating Expenses	138.44	139.32	128.41	116.14	111.92	91.31
Operating Income	101.33	91.02	48.5	45.94	121.25	103.28
Interest Expense	-4.09	-4.09	-2.28	-1.67	-0.46	-0.45
Interest & Investment Income	20.21	20.56	20.68	38.2	8.16	11.93
Currency Exchange Gain (Loss)	-10.34	-10.34	4.3	0.88	9.12	-3.92
Other Non Operating Income (Expenses)	-10.44	-0.3	-1.03	-0.45	-0.26	-0.25
EBT Excluding Unusual Items	96.66	96.84	70.16	82.9	137.82	110.59
Gain (Loss) on Sale of Investments	3.47	3.2	1.57	6.49	9.93	-0.24
Gain (Loss) on Sale of Assets	0	-0.01	0.19	-0.01	0	-
Asset Writedown	-5.63	-5	-0.02	-0	-0	-0.01
Other Unusual Items	1.92	1.92	-0.07	1.65	1.73	1.17
Pretax Income	96.43	96.95	71.84	91.02	149.48	111.51
Income Tax Expense	7.09	8.29	7.13	9.68	20.69	12.92
Earnings From Continuing Operations	89.33	88.66	64.71	81.34	128.79	98.59
Minority Interest in Earnings	0.92	1.27	1.59	1.09	0.15	2.16
Net Income	90.26	89.93	66.3	82.43	128.94	100.74
Net Income to Common	90.26	89.93	66.3	82.43	128.94	100.74
Net Income Growth	35.30%	35.64%	-19.57%	-36.07%	27.99%	12.99%
Shares Outstanding (Basic)	276	281	288	275	211	260
Shares Outstanding (Diluted)	276	281	288	275	211	260
Shares Change (YoY)	-4.70%	-2.51%	4.91%	29.99%	-18.70%	0.24%
EPS (Basic)	0.33	0.32	0.23	0.30	0.61	0.39
EPS (Diluted)	0.33	0.32	0.23	0.30	0.61	0.39
EPS Growth	41.97%	39.13%	-23.33%	-50.82%	57.42%	12.71%
Free Cash Flow	55.55	54.46	5.87	114.36	-10.02	-8.94
Free Cash Flow Per Share	0.20	0.19	0.02	0.42	-0.05	-0.03
Dividend Per Share	0.180	0.180	0.160	0.160	0.160	0.094
Dividend Growth	12.50%	12.50%	-	-	70.58%	21.98%
Gross Margin	30.14%	29.78%	26.72%	28.89%	34.11%	33.09%
Operating Margin	12.74%	11.77%	7.32%	8.19%	17.74%	17.56%
Profit Margin	11.35%	11.63%	10.01%	14.70%	18.86%	17.13%
Free Cash Flow Margin	6.98%	7.04%	0.89%	20.39%	-1.47%	-1.52%
EBITDA	114.86	104.1	59.79	56.05	129.86	111.33
EBITDA Margin	14.44%	13.46%	9.03%	9.99%	19.00%	18.93%
D&A For EBITDA	13.53	13.08	11.29	10.11	8.6	8.06
EBIT	101.33	91.02	48.5	45.94	121.25	103.28
EBIT Margin	12.74%	11.77%	7.32%	8.19%	17.74%	17.56%
Effective Tax Rate	7.36%	8.55%	9.93%	10.64%	13.84%	11.59%
Revenue as Reported	773.61	773.61	662.14	560.94	683.55	588.03
Advertising Expenses	-	2.3	2.76	2.06	0.91	2.38

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