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	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	468.17	541.12	444.55	478.22	334.35	407.31
Other Revenue	2.17	2.17	1.44	0.94	1.96	2.14
Revenue	470.34	543.29	445.99	479.16	336.31	409.46
Revenue Growth	-3.81%	21.82%	-6.92%	42.48%	-17.86%	77.53%
Cost of Revenue	336.55	382.69	322.22	315.14	224.34	258.11
Gross Profit	133.79	160.61	123.76	164.02	111.98	151.34
Selling, General & Admin	56.46	50.94	46.9	46.19	40.01	41.94
Research & Development	60.8	56.81	40.77	33.62	32.84	29.23
Other Operating Expenses	-5.88	-3.23	-3	-4.84	0.04	3.82
Operating Expenses	118.4	111.54	111.92	57.01	110.78	95.11
Operating Income	15.38	49.06	11.84	107.01	1.2	56.24
Interest Expense	-0	-0	-0.01	-0.28	-0.34	-1.39
Interest & Investment Income	24.46	24.39	33.2	33.14	43.85	29.8
Currency Exchange Gain (Loss)	-0.09	-0.09	0.87	0.57	-1.36	-0.18
Other Non Operating Income (Expenses)	22.08	-1.57	-1.21	-1.85	0.01	-0.95
EBT Excluding Unusual Items	61.84	71.78	44.69	138.59	43.36	83.52
Gain (Loss) on Sale of Investments	199.78	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	7.18	-0.12	-0.09	-	-0.04	-0.02
Other Unusual Items	-8.47	-8.47	11.62	8.85	2.53	10.99
Pretax Income	260.28	228.39	67.08	138.17	55.88	90.39
Income Tax Expense	29.59	26.26	2.8	15.42	1.11	9.43
Earnings From Continuing Operations	230.69	202.13	64.28	122.75	54.76	80.96
Minority Interest in Earnings	0.04	0.02	-2.3	-5	-7.55	-4.38
Net Income	230.73	202.15	61.98	117.75	47.21	76.58
Net Income to Common	230.73	202.15	61.98	117.75	47.21	76.58
Net Income Growth	376.30%	226.15%	-47.36%	149.41%	-38.35%	128.29%
Shares Outstanding (Basic)	247	253	258	251	157	250
Shares Outstanding (Diluted)	247	253	258	251	157	250
Shares Change	-6.51%	-2.15%	3.08%	59.20%	-37.05%	-2.14%
EPS (Basic)	0.93	0.80	0.24	0.47	0.30	0.31
EPS (Diluted)	0.93	0.80	0.24	0.47	0.30	0.31
EPS Growth	409.49%	233.33%	-48.94%	56.67%	-2.06%	133.28%

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	135.89	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	0.120	0.120	0.100	0.100	0.125
Dividend Growth	20.00%	0%	20.00%	0%	-20.00%	0%
Gross Margin	28.44%	29.56%	27.75%	34.23%	33.30%	36.96%
Operating Margin	3.27%	9.03%	2.66%	22.33%	0.36%	13.73%
Profit Margin	49.05%	37.21%	13.90%	24.57%	14.04%	18.70%
Free Cash Flow Margin	28.89%	23.86%	17.97%	-26.80%	3.30%	3.90%
EBITDA	56.59	87.88	50.81	134.47	28.67	82.63
EBITDA Margin	12.03%	16.18%	11.39%	28.06%	8.53%	20.18%
D&A For EBITDA	41.2	38.82	38.97	27.45	27.47	26.39
EBIT	15.38	49.06	11.84	107.01	1.2	56.24
EBIT Margin	3.27%	9.03%	2.66%	22.33%	0.36%	13.73%
Effective Tax Rate	11.37%	11.50%	4.17%	11.16%	1.99%	10.44%
Revenue as Reported	543.29	543.29	445.99	479.16	336.31	409.46
Advertising Expenses	-	0.81	0.96	1.25	0.63	0.36