SHE:300851 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	409.2	395.99	330	352.36	285.87	357.13
Other Revenue	6.96	6.96	7.32	7.37	6.96	5.15
Revenue	416.16	402.95	337.32	359.72	292.83	362.28
Revenue Growth (YoY)	26.05%	19.46%	-6.23%	22.84%	-19.17%	0.94%
Cost of Revenue	142.71	136.56	108.21	113.44	89.8	105.69
Gross Profit	273.45	266.4	229.11	246.28	203.03	256.59
Selling, General & Admin	119.29	111.87	98.66	95.11	92.55	89.91
Research & Development	115.83	114.31	111.56	108.95	104.38	101.84
Other Operating Expenses	-18.93	-14.81	-13.2	-16.26	-11.03	-13.42
Operating Expenses	217.56	220.08	209.87	190.52	188.97	184.24
Operating Income	55.89	46.31	19.25	55.76	14.06	72.35
Interest Expense	-0.29	-0.28	-0.04	-0.06	-0.07	-0.03
Interest & Investment Income	27.07	28.75	21.09	26.29	29.56	14.91
Other Non Operating Income (Expenses)	-0.05	-0.01	0.03	-0.08	0.16	-0.42
EBT Excluding Unusual Items	82.63	74.78	40.33	81.92	43.72	86.81
Impairment of Goodwill	-	-	-	-	-4.18	-
Gain (Loss) on Sale of Investments	4.36	4.17	6.46	1.79	-6.76	10.7
Gain (Loss) on Sale of Assets	0.02	0.05	0	-0.07	-0.01	-0.29
Asset Writedown	-0.19	-	-	-	-0.76	-0
Other Unusual Items	-6.38	-6.38	0.79	-1.62	1.29	5.9
Pretax Income	80.43	72.62	47.59	82.01	33.3	103.12
Income Tax Expense	-1.04	-1.79	-1.16	-1.2	-1.51	7.61
Earnings From Continuing Operations	81.47	74.41	48.74	83.22	34.81	95.5
Minority Interest in Earnings	0.14	0.14	-0.16	1.75	2.18	1.42
Net Income	81.61	74.55	48.58	84.96	36.99	96.93
Net Income to Common	81.61	74.55	48.58	84.96	36.99	96.93
Net Income Growth	85.93%	53.44%	-42.82%	129.69%	-61.84%	-19.65%
Shares Outstanding (Basic)	87	87	87	87	86	87
Shares Outstanding (Diluted)	87	87	87	87	86	87
Shares Change (YoY)	-0.12%	-0.08%	0.07%	0.78%	-1.49%	17.27%
EPS (Basic)	0.94	0.86	0.56	0.98	0.43	1.11
EPS (Diluted)	0.94	0.86	0.56	0.98	0.43	1.11
EPS Growth	86.16%	53.57%	-42.86%	127.91%	-61.26%	-31.48%
Free Cash Flow	1.05	-6.93	27.85	14.74	-35.56	-10.39
Free Cash Flow Per Share	0.01	-0.08	0.32	0.17	-0.41	-0.12
Dividend Per Share	0.680	0.680	0.430	0.450	0.340	0.340
Dividend Growth	58.14%	58.14%	-4.44%	32.35%	-	-50.72%
Gross Margin	65.71%	66.11%	67.92%	68.47%	69.33%	70.83%
Operating Margin	13.43%	11.49%	5.71%	15.50%	4.80%	19.97%
Profit Margin	19.61%	18.50%	14.40%	23.62%	12.63%	26.76%
Free Cash Flow Margin	0.25%	-1.72%	8.26%	4.10%	-12.14%	-2.87%
EBITDA	68.93	59.66	33.83	71.05	28.98	83.61
EBITDA Margin	16.56%	14.80%	10.03%	19.75%	9.90%	23.08%
D&A For EBITDA	13.03	13.34	14.58	15.29	14.92	11.26
EBIT	55.89	46.31	19.25	55.76	14.06	72.35
EBIT Margin	13.43%	11.49%	5.71%	15.50%	4.80%	19.97%
Effective Tax Rate	-	-	-	-	-	7.38%
Revenue as Reported	416.16	402.95	337.32	359.72	292.83	362.28
Advertising Expenses	-	-	-	-	-	0.02

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