SHE:300809 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	521.73	543.29	444.55	478.22	334.35	407.31
Other Revenue	-	-	1.44	0.94	1.96	2.14
Revenue	521.73	543.29	445.99	479.16	336.31	409.46
Revenue Growth (YoY)	16.69%	21.82%	-6.92%	42.48%	-17.86%	77.53%
Cost of Revenue	373.17	380.9	322.22	315.14	224.34	258.11
Gross Profit	148.56	162.39	123.76	164.02	111.98	151.34
Selling, General & Admin	52	50.94	46.9	46.19	40.01	41.94
Research & Development	56.61	56.81	40.77	33.62	32.84	29.23
Other Operating Expenses	-17.28	-13.91	-3	-4.84	0.04	3.82
Operating Expenses	91.34	93.84	111.92	57.01	110.78	95.11
Operating Income	57.22	68.55	11.84	107.01	1.2	56.24
Interest Expense	-	-	-0.01	-0.28	-0.34	-1.39
Interest & Investment Income	25.09	23.62	33.2	33.14	43.85	29.8
Currency Exchange Gain (Loss)	-	-	0.87	0.57	-1.36	-0.18
Other Non Operating Income (Expenses)	-2.59	-18.64	-1.21	-1.85	0.01	-0.95
EBT Excluding Unusual Items	79.72	73.53	44.69	138.59	43.36	83.52
Gain (Loss) on Sale of Investments	157.57	165.23	11	-9.14	10.12	-4.09
Gain (Loss) on Sale of Assets	-0.04	-0.05	-0.14	-0.13	-0.09	0
Asset Writedown	-22.85	-10.34	-	-	-0.04	-0.02
Other Unusual Items	-	-	11.53	8.85	2.53	10.99
Pretax Income	214.39	228.39	67.08	138.17	55.88	90.39
Income Tax Expense	23.07	26.26	2.8	15.42	1.11	9.43
Earnings From Continuing Operations	191.33	202.13	64.28	122.75	54.76	80.96
Minority Interest in Earnings	0.03	0.02	-2.3	-5	-7.55	-4.38
Net Income	191.36	202.15	61.98	117.75	47.21	76.58
Net Income to Common	191.36	202.15	61.98	117.75	47.21	76.58
Net Income Growth	227.53%	226.15%	-47.36%	149.41%	-38.35%	128.29%
Shares Outstanding (Basic)	251	253	258	251	157	250
Shares Outstanding (Diluted)	251	253	258	251	157	250
Shares Change (YoY)	-4.18%	-2.15%	3.08%	59.20%	-37.05%	-2.14%
EPS (Basic)	0.76	0.80	0.24	0.47	0.30	0.31
EPS (Diluted)	0.76	0.80	0.24	0.47	0.30	0.31
EPS Growth	241.81%	233.33%	-48.94%	56.67%	-2.06%	133.28%
Free Cash Flow	138.56	129.65	80.16	-128.41	11.11	15.97
Free Cash Flow Per Share	0.55	0.51	0.31	-0.51	0.07	0.06
Dividend Per Share	-	-	0.120	0.100	0.100	0.125
Dividend Growth	-	-	20.00%	-	-20.00%	-
Gross Margin	28.47%	29.89%	27.75%	34.23%	33.30%	36.96%
Operating Margin	10.97%	12.62%	2.66%	22.33%	0.36%	13.73%
Profit Margin	36.68%	37.21%	13.90%	24.57%	14.04%	18.70%
Free Cash Flow Margin	26.56%	23.86%	17.97%	-26.80%	3.30%	3.90%
EBITDA	96.86	107.96	50.29	134.47	28.67	82.63
EBITDA Margin	18.57%	19.87%	11.28%	28.06%	8.53%	20.18%
D&A For EBITDA	39.64	39.4	38.44	27.45	27.47	26.39
EBIT	57.22	68.55	11.84	107.01	1.2	56.24
EBIT Margin	10.97%	12.62%	2.66%	22.33%	0.36%	13.73%
Effective Tax Rate	10.76%	11.50%	4.17%	11.16%	1.99%	10.44%
Revenue as Reported	-	-	445.99	479.16	336.31	409.46
Advertising Expenses	-	-	0.96	1.25	0.63	0.36

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