SHE:300833 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	1,099	1,121	1,204	1,299	1,216	611.65
Other Revenue	13.21	13.21	7.49	5.59	6.43	6.49
Revenue	1,112	1,134	1,212	1,305	1,223	618.14
Revenue Growth (YoY)	-6.25%	-6.44%	-7.12%	6.72%	97.80%	54.66%
Cost of Revenue	535.88	566.6	606.96	666.27	621.43	343.35
Gross Profit	576.61	567.29	604.99	638.62	601.28	274.79
Selling, General & Admin	272.61	260.01	214.08	184.93	179.79	101.67
Research & Development	103.66	99.65	85.85	56.83	57.5	41.91
Other Operating Expenses	9.75	9.59	8.88	7.8	8.65	3.7
Operating Expenses	391.55	374.77	308.37	250.69	244.79	161.9
Operating Income	185.06	192.52	296.62	387.94	356.48	112.89
Interest Expense	-1	-1	-1.63	-1.37	-1.56	-0.56
Interest & Investment Income	26.14	26.3	27.47	32.31	24.26	46.02
Currency Exchange Gain (Loss)	-22.57	-22.57	22.88	9.42	35	-5.18
Other Non Operating Income (Expenses)	-10.77	-1.89	-1.11	-2.94	-1.33	-0.15
EBT Excluding Unusual Items	176.87	193.35	344.23	425.36	412.86	153.02
Gain (Loss) on Sale of Investments	10.64	11.77	17.31	14.83	13.51	4.36
Gain (Loss) on Sale of Assets	0.17	0.17	0.43	-0.04	0.34	-
Asset Writedown	2.33	-0.39	-0.89	0.3	-0.57	-0.12
Other Unusual Items	3.16	3.16	0.23	1.08	3.73	4.83
Pretax Income	193.18	208.08	361.31	441.53	429.88	162.09
Income Tax Expense	31.36	34.02	55.85	72.15	69.66	23.61
Earnings From Continuing Operations	161.82	174.05	305.45	369.38	360.22	138.48
Minority Interest in Earnings	-1.44	-1.99	-3.77	-3.2	-4.05	-2.53
Net Income	160.38	172.06	301.69	366.17	356.17	135.96
Net Income to Common	160.38	172.06	301.69	366.17	356.17	135.96
Net Income Growth	-36.96%	-42.97%	-17.61%	2.81%	161.97%	54.28%
Shares Outstanding (Basic)	126	126	126	126	126	126
Shares Outstanding (Diluted)	126	126	126	126	126	126
Shares Change (YoY)	-0.00%	0.01%	-0.00%	-0.00%	0.00%	11.62%
EPS (Basic)	1.27	1.36	2.39	2.89	2.82	1.07
EPS (Diluted)	1.27	1.36	2.39	2.89	2.82	1.07
EPS Growth	-36.95%	-42.97%	-17.61%	2.81%	161.96%	38.21%
Free Cash Flow	-88.78	-142.16	140.56	247.57	173.19	27.55
Free Cash Flow Per Share	-0.70	-1.12	1.11	1.96	1.37	0.22
Dividend Per Share	0.700	0.700	1.300	1.600	1.467	0.533
Dividend Growth	-46.15%	-46.15%	-18.75%	9.09%	175.02%	99.96%
Gross Margin	51.83%	50.03%	49.92%	48.94%	49.18%	44.45%
Operating Margin	16.63%	16.98%	24.47%	29.73%	29.15%	18.26%
Profit Margin	14.42%	15.17%	24.89%	28.06%	29.13%	22.00%
Free Cash Flow Margin	-7.98%	-12.54%	11.60%	18.97%	14.16%	4.46%
EBITDA	222.6	227.95	323.6	406.18	369.01	124.41
EBITDA Margin	20.01%	20.10%	26.70%	31.13%	30.18%	20.13%
D&A For EBITDA	37.55	35.43	26.99	18.24	12.53	11.52
EBIT	185.06	192.52	296.62	387.94	356.48	112.89
EBIT Margin	16.63%	16.98%	24.47%	29.73%	29.15%	18.26%
Effective Tax Rate	16.23%	16.35%	15.46%	16.34%	16.20%	14.56%
Revenue as Reported	1,134	1,134	1,212	1,305	1,223	618.14
Advertising Expenses	-	24.52	25.7	20.63	19.44	6.88

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