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	Sep '26 Sep 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	418.41	395.99	330	352.36	285.87	357.13
Other Revenue	6.96	6.96	7.32	7.37	6.96	5.15
Revenue	425.38	402.95	337.32	359.72	292.83	362.28
Revenue Growth	23.54%	19.46%	-6.23%	22.84%	-19.17%	0.94%
Cost of Revenue	147.57	136.56	108.21	113.44	89.8	105.69
Gross Profit	277.8	266.4	229.11	246.28	203.03	256.59
Selling, General & Admin	126.78	111.87	98.66	95.11	92.55	89.91
Research & Development	121.6	114.31	111.56	108.95	104.38	101.84
Other Operating Expenses	-15.07	-14.81	-13.2	-16.26	-11.03	-13.42
Operating Expenses	233.75	220.08	209.87	190.52	188.97	184.24
Operating Income	44.05	46.31	19.25	55.76	14.06	72.35
Interest Expense	-0.2	-0.28	-0.04	-0.06	-0.07	-0.03
Interest & Investment Income	27.18	28.75	21.09	26.29	29.56	14.91
Other Non Operating Income (Expenses)	6.98	-0.01	0.03	-0.08	0.16	-0.42
EBT Excluding Unusual Items	78	74.78	40.33	81.92	43.72	86.81
Impairment of Goodwill	-	-	-	-	-4.18	-
Gain (Loss) on Sale of Investments	4.31	4.17	6.46	1.79	-6.76	10.7
Gain (Loss) on Sale of Assets	0.14	0.05	0	-0.07	-0.01	-0.29
Asset Writedown	-1.32	-	-	-	-0.76	-0
Other Unusual Items	-6.38	-6.38	0.79	-1.62	1.29	5.9
Pretax Income	74.76	72.62	47.59	82.01	33.3	103.12
Income Tax Expense	-2.63	-1.79	-1.16	-1.2	-1.51	7.61
Earnings From Continuing Operations	77.4	74.41	48.74	83.22	34.81	95.5
Minority Interest in Earnings	0.11	0.14	-0.16	1.75	2.18	1.42
Net Income	77.51	74.55	48.58	84.96	36.99	96.93
Net Income to Common	77.51	74.55	48.58	84.96	36.99	96.93
Net Income Growth	48.62%	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	-0.08%	-0.08%	0.07%	0.78%	-1.49%	17.27%
EPS (Basic)	0.89	0.86	0.56	0.98	0.43	1.11
EPS (Diluted)	0.89	0.86	0.56	0.98	0.43	1.11
EPS Growth	48.74%	53.57%	-42.86%	127.91%	-61.26%	-31.48%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	-49.46	-6.93	27.85	14.74	-35.56	-10.39
Free Cash Flow Per Share	-0.57	-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%	0%	-50.72%
Gross Margin	65.31%	66.11%	67.92%	68.47%	69.33%	70.83%
Operating Margin	10.36%	11.49%	5.71%	15.50%	4.80%	19.97%
Profit Margin	18.22%	18.50%	14.40%	23.62%	12.63%	26.76%
Free Cash Flow Margin	-11.63%	-1.72%	8.26%	4.10%	-12.14%	-2.87%
EBITDA	56.46	59.66	33.83	71.05	28.98	83.61
EBITDA Margin	13.27%	14.80%	10.03%	19.75%	9.90%	23.08%
D&A For EBITDA	12.41	13.34	14.58	15.29	14.92	11.26
EBIT	44.05	46.31	19.25	55.76	14.06	72.35
EBIT Margin	10.36%	11.49%	5.71%	15.50%	4.80%	19.97%
Effective Tax Rate	-	-	-	-	-	7.38%
Revenue as Reported	182.13	402.95	337.32	359.72	292.83	362.28
Advertising Expenses	-	-	-	-	-	0.02