SHE:300813 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	311.76	308.64	314.25	236.32	345	253.64
Other Revenue	30.9	30.9	34.75	33.54	28.88	29.61
Revenue	342.66	339.54	349	269.86	373.88	283.25
Revenue Growth (YoY)	2.00%	-2.71%	29.33%	-27.82%	32.00%	41.46%
Cost of Revenue	190.06	189.2	197.86	142	180.31	111.82
Gross Profit	152.61	150.34	151.14	127.86	193.57	171.43
Selling, General & Admin	88.08	85.96	78.17	70.72	73.22	61
Research & Development	56.35	57.21	62.34	58.4	64.47	55.05
Other Operating Expenses	-0.16	-0.17	-2.85	-5.22	-6.87	-4.32
Operating Expenses	144.05	144.52	139.33	125.09	129.8	113.61
Operating Income	8.56	5.82	11.81	2.77	63.78	57.82
Interest Expense	-	-	-14.78	-0.59	-0.88	-0.13
Interest & Investment Income	7.98	9.28	11.59	11.11	10.27	9.2
Currency Exchange Gain (Loss)	-0.73	-0.73	0.14	0.3	-0.06	-0.02
Other Non Operating Income (Expenses)	0.05	-0.08	-0.13	-0.04	-0.02	-0.03
EBT Excluding Unusual Items	15.85	14.29	8.63	13.56	73.09	66.84
Gain (Loss) on Sale of Investments	0.02	0.02	-	-0.01	-	0.05
Gain (Loss) on Sale of Assets	-0.01	-	-	-0	0.02	-
Asset Writedown	-0.37	-0.37	-0.55	-0.08	-0.03	-0.16
Other Unusual Items	3.01	2.8	4.68	8.51	6.86	2.91
Pretax Income	18.5	16.74	12.77	21.98	79.95	69.64
Income Tax Expense	0.7	0.45	0.51	3.53	0.26	6.11
Earnings From Continuing Operations	17.8	16.29	12.25	18.45	79.69	63.53
Minority Interest in Earnings	-0	0.2	0.8	1.22	-	-
Net Income	17.8	16.49	13.05	19.67	79.69	63.53
Net Income to Common	17.8	16.49	13.05	19.67	79.69	63.53
Net Income Growth	66.24%	26.32%	-33.65%	-75.32%	25.43%	31.30%
Shares Outstanding (Basic)	119	118	109	109	108	109
Shares Outstanding (Diluted)	119	118	109	116	112	109
Shares Change (YoY)	9.02%	8.27%	-6.00%	3.09%	3.28%	2.57%
EPS (Basic)	0.15	0.14	0.12	0.18	0.74	0.58
EPS (Diluted)	0.15	0.14	0.12	0.17	0.71	0.58
EPS Growth	52.49%	16.67%	-29.41%	-76.06%	21.45%	28.01%
Free Cash Flow	0.23	0.84	6.12	-174.31	60.24	10.05
Free Cash Flow Per Share	0.00	0.01	0.06	-1.51	0.54	0.09
Dividend Per Share	0.030	0.030	0.100	0.100	0.231	0.144
Dividend Growth	-70.00%	-70.00%	-	-56.67%	59.95%	50.00%
Gross Margin	44.54%	44.28%	43.31%	47.38%	51.77%	60.52%
Operating Margin	2.50%	1.71%	3.38%	1.03%	17.06%	20.41%
Profit Margin	5.19%	4.86%	3.74%	7.29%	21.31%	22.43%
Free Cash Flow Margin	0.07%	0.25%	1.75%	-64.59%	16.11%	3.55%
EBITDA	24.85	22.17	28.41	13.96	72.88	64.47
EBITDA Margin	7.25%	6.53%	8.14%	5.17%	19.49%	22.76%
D&A For EBITDA	16.29	16.35	16.59	11.19	9.1	6.65
EBIT	8.56	5.82	11.81	2.77	63.78	57.82
EBIT Margin	2.50%	1.71%	3.38%	1.03%	17.06%	20.41%
Effective Tax Rate	3.80%	2.70%	4.02%	16.07%	0.33%	8.78%
Revenue as Reported	342.66	339.54	349	269.86	373.88	283.25
Advertising Expenses	-	1.94	1.66	2.19	2.44	2.94