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	Jun '26 Jun 30, 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	847.46	763.92	654.76	551.64	667.78	577.29
Other Revenue	12.63	9.69	7.38	9.3	15.77	10.73
Revenue	860.09	773.61	662.14	560.94	683.55	588.03
Revenue Growth	17.05%	16.84%	18.04%	-17.94%	16.24%	21.93%
Cost of Revenue	610.22	543.27	485.23	398.85	450.38	393.45
Gross Profit	249.87	230.34	176.91	162.08	233.17	194.58
Selling, General & Admin	63.8	68.76	59.59	51.63	53.61	46.19
Research & Development	72.25	71.39	69.57	62.8	66.57	48.45
Other Operating Expenses	-2.01	-2.12	-3.87	-4.89	-7.79	-5.23
Operating Expenses	133.52	139.32	128.41	116.14	111.92	91.31
Operating Income	116.35	91.02	48.5	45.94	121.25	103.28
Interest Expense	-5.72	-4.09	-2.28	-1.67	-0.46	-0.45
Interest & Investment Income	20.82	20.56	20.68	38.2	8.16	11.93
Currency Exchange Gain (Loss)	-27.49	-10.34	4.3	0.88	9.12	-3.92
Other Non Operating Income (Expenses)	-0.2	-0.3	-1.03	-0.45	-0.26	-0.25
EBT Excluding Unusual Items	103.76	96.84	70.16	82.9	137.82	110.59
Gain (Loss) on Sale of Investments	6.46	3.2	1.57	6.49	9.93	-0.24
Gain (Loss) on Sale of Assets	-0.19	-0.01	0.19	-0.01	0	-
Asset Writedown	-5	-5	-0.02	-0	-0	-0.01
Other Unusual Items	3.86	1.92	-0.07	1.65	1.73	1.17
Pretax Income	108.89	96.95	71.84	91.02	149.48	111.51
Income Tax Expense	7.18	8.29	7.13	9.68	20.69	12.92
Earnings From Continuing Operations	101.72	88.66	64.71	81.34	128.79	98.59
Minority Interest in Earnings	0.33	1.27	1.59	1.09	0.15	2.16
Net Income	102.05	89.93	66.3	82.43	128.94	100.74
Net Income to Common	102.05	89.93	66.3	82.43	128.94	100.74
Net Income Growth	43.91%	35.64%	-19.57%	-36.07%	27.99%	12.99%
Shares Outstanding (Basic)	269	281	288	275	211	260
Shares Outstanding (Diluted)	269	281	288	275	211	260
Shares Change	-8.36%	-2.51%	4.91%	29.99%	-18.70%	0.24%
EPS (Basic)	0.38	0.32	0.23	0.30	0.61	0.39
EPS (Diluted)	0.38	0.32	0.23	0.30	0.61	0.39
EPS Growth	57.04%	39.13%	-23.33%	-50.82%	57.42%	12.71%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	63.04	54.46	5.87	114.36	-10.02	-8.94
Free Cash Flow Per Share	0.23	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%	0%	0%	70.58%	21.98%
Gross Margin	29.05%	29.78%	26.72%	28.89%	34.11%	33.09%
Operating Margin	13.53%	11.77%	7.32%	8.19%	17.74%	17.56%
Profit Margin	11.87%	11.63%	10.01%	14.70%	18.86%	17.13%
Free Cash Flow Margin	7.33%	7.04%	0.89%	20.39%	-1.47%	-1.52%
EBITDA	130.26	104.1	59.79	56.05	129.86	111.33
EBITDA Margin	15.14%	13.46%	9.03%	9.99%	19.00%	18.93%
D&A For EBITDA	13.92	13.08	11.29	10.11	8.6	8.06
EBIT	116.35	91.02	48.5	45.94	121.25	103.28
EBIT Margin	13.53%	11.77%	7.32%	8.19%	17.74%	17.56%
Effective Tax Rate	6.59%	8.55%	9.93%	10.64%	13.84%	11.59%
Revenue as Reported	860.09	773.61	662.14	560.94	683.55	588.03
Advertising Expenses	-	2.3	2.76	2.06	0.91	2.38