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	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	325.83	308.64	314.25	236.32	345	253.64
Other Revenue	33.26	30.9	34.75	33.54	28.88	29.61
Revenue	359.1	339.54	349	269.86	373.88	283.25
Revenue Growth	6.07%	-2.71%	29.33%	-27.82%	32.00%	41.46%
Cost of Revenue	204.27	189.2	197.86	142	180.31	111.82
Gross Profit	154.83	150.34	151.14	127.86	193.57	171.43
Selling, General & Admin	90.19	85.96	78.17	70.72	73.22	61
Research & Development	51.9	57.21	62.34	58.4	64.47	55.05
Other Operating Expenses	-0.09	-0.17	-2.85	-5.22	-6.87	-4.32
Operating Expenses	141.14	144.52	139.33	125.09	129.8	113.61
Operating Income	13.69	5.82	11.81	2.77	63.78	57.82
Interest Expense	-	-	-14.78	-0.59	-0.88	-0.13
Interest & Investment Income	8.52	9.28	11.59	11.11	10.27	9.2
Currency Exchange Gain (Loss)	-1.26	-0.73	0.14	0.3	-0.06	-0.02
Other Non Operating Income (Expenses)	0.44	-0.08	-0.13	-0.04	-0.02	-0.03
EBT Excluding Unusual Items	21.39	14.29	8.63	13.56	73.09	66.84
Gain (Loss) on Sale of Investments	0.03	0.02	-	-0.01	-	0.05
Gain (Loss) on Sale of Assets	-	-	-	-0	0.02	-
Asset Writedown	-0.55	-0.37	-0.55	-0.08	-0.03	-0.16
Other Unusual Items	4.38	2.8	4.68	8.51	6.86	2.91
Pretax Income	25.25	16.74	12.77	21.98	79.95	69.64
Income Tax Expense	1.93	0.45	0.51	3.53	0.26	6.11
Earnings From Continuing Operations	23.32	16.29	12.25	18.45	79.69	63.53
Minority Interest in Earnings	-0	0.2	0.8	1.22	-	-
Net Income	23.32	16.49	13.05	19.67	79.69	63.53
Net Income to Common	23.32	16.49	13.05	19.67	79.69	63.53
Net Income Growth	16.51%	26.32%	-33.65%	-75.32%	25.43%	31.30%
Shares Outstanding (Basic)	116	118	109	109	108	109
Shares Outstanding (Diluted)	116	118	109	116	112	109
Shares Change	0.56%	8.27%	-6.00%	3.09%	3.28%	2.57%
EPS (Basic)	0.20	0.14	0.12	0.18	0.74	0.58
EPS (Diluted)	0.20	0.14	0.12	0.17	0.71	0.58
EPS Growth	15.86%	16.67%	-29.41%	-76.06%	21.45%	28.01%

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	11.82	0.84	6.12	-174.31	60.24	10.05
Free Cash Flow Per Share	0.10	0.01	0.06	-1.51	0.54	0.09
Dividend Per Share	0.130	0.030	0.100	0.100	0.231	0.144
Dividend Growth	30.00%	-70.00%	0%	-56.67%	59.95%	50.00%
Gross Margin	43.12%	44.28%	43.31%	47.38%	51.77%	60.52%
Operating Margin	3.81%	1.71%	3.38%	1.03%	17.06%	20.41%
Profit Margin	6.49%	4.86%	3.74%	7.29%	21.31%	22.43%
Free Cash Flow Margin	3.29%	0.25%	1.75%	-64.59%	16.11%	3.55%
EBITDA	29.97	22.17	28.41	13.96	72.88	64.47
EBITDA Margin	8.35%	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	13.69	5.82	11.81	2.77	63.78	57.82
EBIT Margin	3.81%	1.71%	3.38%	1.03%	17.06%	20.41%
Effective Tax Rate	7.66%	2.70%	4.02%	16.07%	0.33%	8.78%
Revenue as Reported	359.1	339.54	349	269.86	373.88	283.25
Advertising Expenses	-	1.94	1.66	2.19	2.44	2.94