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

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