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	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	418.68	395.99	330	352.36	285.87	357.13
Other Revenue	6.96	6.96	7.32	7.37	6.96	5.15
Revenue	425.64	402.95	337.32	359.72	292.83	362.28
Revenue Growth	38.09%	19.46%	-6.23%	22.84%	-19.17%	0.94%
Cost of Revenue	145.43	136.56	108.21	113.44	89.8	105.69
Gross Profit	280.21	266.4	229.11	246.28	203.03	256.59
Selling, General & Admin	126.62	111.87	98.66	95.11	92.55	89.91
Research & Development	123.88	114.31	111.56	108.95	104.38	101.84
Other Operating Expenses	-18.88	-14.81	-13.2	-16.26	-11.03	-13.42
Operating Expenses	240.32	220.08	209.87	190.52	188.97	184.24
Operating Income	39.89	46.31	19.25	55.76	14.06	72.35
Interest Expense	-0.28	-0.28	-0.04	-0.06	-0.07	-0.03
Interest & Investment Income	30.91	28.75	21.09	26.29	29.56	14.91
Other Non Operating Income (Expenses)	11.62	-0.01	0.03	-0.08	0.16	-0.42
EBT Excluding Unusual Items	82.14	74.78	40.33	81.92	43.72	86.81
Impairment of Goodwill	-	-	-	-	-4.18	-
Gain (Loss) on Sale of Investments	3.97	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	-0.3	-	-	-	-0.76	-0
Other Unusual Items	-6.38	-6.38	0.79	-1.62	1.29	5.9
Pretax Income	79.44	72.62	47.59	82.01	33.3	103.12
Income Tax Expense	-1.51	-1.79	-1.16	-1.2	-1.51	7.61
Earnings From Continuing Operations	80.96	74.41	48.74	83.22	34.81	95.5
Minority Interest in Earnings	0.15	0.14	-0.16	1.75	2.18	1.42
Net Income	81.11	74.55	48.58	84.96	36.99	96.93
Net Income to Common	81.11	74.55	48.58	84.96	36.99	96.93
Net Income Growth	128.02%	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	-0.09%	-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	128.22%	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	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	-55.37	-6.93	27.85	14.74	-35.56	-10.39
Free Cash Flow Per Share	-0.64	-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	65.83%	66.11%	67.92%	68.47%	69.33%	70.83%
Operating Margin	9.37%	11.49%	5.71%	15.50%	4.80%	19.97%
Profit Margin	19.06%	18.50%	14.40%	23.62%	12.63%	26.76%
Free Cash Flow Margin	-13.01%	-1.72%	8.26%	4.10%	-12.14%	-2.87%
EBITDA	53.62	59.66	33.83	71.05	28.98	83.61
EBITDA Margin	12.60%	14.80%	10.03%	19.75%	9.90%	23.08%
D&A For EBITDA	13.73	13.34	14.58	15.29	14.92	11.26
EBIT	39.89	46.31	19.25	55.76	14.06	72.35
EBIT Margin	9.37%	11.49%	5.71%	15.50%	4.80%	19.97%
Effective Tax Rate	-	-	-	-	-	7.38%
Revenue as Reported	402.95	402.95	337.32	359.72	292.83	362.28
Advertising Expenses	-	-	-	-	-	0.02