SHE:300807 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	Jan '22 Jan 1, 2022
Operating Revenue	160.18	160.08	216.73	326.12	229.84
Other Revenue	-	3.57	3.25	3.28	2.92
Revenue	160.18	163.65	219.98	329.4	232.76
Revenue Growth (YoY)	-2.12%	-25.61%	-33.22%	41.52%	7.76%
Cost of Revenue	94.31	109.41	146.84	203.27	142.83
Gross Profit	65.86	54.24	73.14	126.13	89.93
Selling, General & Admin	49.06	59.56	65.31	76.21	75.53
Research & Development	40.45	43.3	55.97	57.59	68.66
Other Operating Expenses	0.22	1.87	1.44	1.63	0.23
Operating Expenses	89.73	123.31	138.94	148.07	153.76
Operating Income	-23.87	-69.07	-65.8	-21.94	-63.83
Interest Expense	-	-2.19	-2.02	-3.87	-1.21
Interest & Investment Income	-	0.51	1.11	1.05	1.97
Other Non Operating Income (Expenses)	17.87	-2.83	-0.58	-3.11	-0.21
EBT Excluding Unusual Items	-6	-73.59	-67.3	-27.87	-63.28
Gain (Loss) on Sale of Investments	-0.08	-0.11	-0.5	-0.46	-
Gain (Loss) on Sale of Assets	-6.3	-	-0	-0	0
Asset Writedown	-5.22	-	-	-0.01	-
Other Unusual Items	-	1.38	5.77	13.47	12.88
Pretax Income	-17.6	-72.31	-62.03	-14.88	-50.39
Income Tax Expense	10.43	-11.82	-12.02	-5.85	-12.63
Earnings From Continuing Operations	-28.03	-60.49	-50.01	-9.03	-37.76
Minority Interest in Earnings	0.1	1.18	-0.07	0.52	0.5
Net Income	-27.93	-59.31	-50.07	-8.51	-37.27
Net Income to Common	-27.93	-59.31	-50.07	-8.51	-37.27
Shares Outstanding (Basic)	68	68	68	65	68
Shares Outstanding (Diluted)	68	68	68	65	68
Shares Change (YoY)	-0.07%	0.74%	3.36%	-3.38%	6.87%
EPS (Basic)	-0.41	-0.87	-0.74	-0.13	-0.55
EPS (Diluted)	-0.41	-0.87	-0.74	-0.13	-0.55
Free Cash Flow	23.6	2.1	-52.28	15.36	-117.98
Free Cash Flow Per Share	0.35	0.03	-0.77	0.23	-1.74
Gross Margin	41.12%	33.14%	33.25%	38.29%	38.64%
Operating Margin	-14.90%	-42.21%	-29.91%	-6.66%	-27.43%
Profit Margin	-17.44%	-36.24%	-22.76%	-2.58%	-16.01%
Free Cash Flow Margin	14.74%	1.28%	-23.77%	4.66%	-50.69%
EBITDA	-12.11	-57.21	-54.13	-10.48	-53.33
EBITDA Margin	-7.56%	-34.96%	-24.61%	-3.18%	-22.91%
D&A For EBITDA	11.75	11.87	11.67	11.47	10.5
EBIT	-23.87	-69.07	-65.8	-21.94	-63.83
EBIT Margin	-14.90%	-42.21%	-29.91%	-6.66%	-27.43%
Revenue as Reported	-	163.65	219.98	329.4	232.76
Advertising Expenses	-	0.71	1.32	0.55	1.61

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.