SHE:300885 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	266.48	296.73	224.33	220.02	314.72
Other Revenue	0.57	0.7	0.5	0.05	-
Revenue	267.04	297.43	224.83	220.07	314.72
Revenue Growth (YoY)	-10.22%	32.29%	2.16%	-30.08%	45.47%
Cost of Revenue	181.35	195.69	158.15	151.28	195.03
Gross Profit	85.7	101.73	66.68	68.78	119.69
Selling, General & Admin	19.98	20.58	18.7	19.41	20
Research & Development	15.4	14.9	13.81	13.61	12.81
Other Operating Expenses	2.4	2.65	2.63	2.03	2.4
Operating Expenses	37.15	39.31	36.83	33.36	35.59
Operating Income	48.55	62.42	29.85	35.42	84.1
Interest & Investment Income	13.12	14.95	19.44	13.32	12.27
Currency Exchange Gain (Loss)	-0.8	1.88	0.36	11.02	-3.74
Other Non Operating Income (Expenses)	-0.07	-0.08	-0.02	-0.08	-0.09
EBT Excluding Unusual Items	60.8	79.17	49.64	59.68	92.53
Gain (Loss) on Sale of Investments	0.67	2.79	1.99	-0.13	1.74
Gain (Loss) on Sale of Assets	-	-0.01	-	-	-
Asset Writedown	-	-	-	-	-0
Other Unusual Items	1.06	-0.02	0.55	5.88	3.54
Pretax Income	62.52	81.93	52.18	65.43	97.81
Income Tax Expense	7.3	10.71	6	8.23	13.43
Net Income	55.22	71.23	46.18	57.2	84.38
Net Income to Common	55.22	71.23	46.18	57.2	84.38
Net Income Growth	-22.47%	54.24%	-19.27%	-32.21%	34.73%
Shares Outstanding (Basic)	249	249	251	251	251
Shares Outstanding (Diluted)	249	249	251	251	251
Shares Change (YoY)	-0.02%	-0.54%	0.02%	-0.02%	23.08%
EPS (Basic)	0.22	0.29	0.18	0.23	0.34
EPS (Diluted)	0.22	0.29	0.18	0.23	0.34
EPS Growth	-22.45%	55.08%	-19.29%	-32.19%	9.47%
Free Cash Flow	43.32	70.54	17.71	28.85	33.53
Free Cash Flow Per Share	0.17	0.28	0.07	0.12	0.13
Dividend Per Share	0.806	1.209	0.080	-	-
Dividend Growth	-33.33%	1402.48%	-	-	-
Gross Margin	32.09%	34.20%	29.66%	31.26%	38.03%
Operating Margin	18.18%	20.99%	13.28%	16.09%	26.72%
Profit Margin	20.68%	23.95%	20.54%	25.99%	26.81%
Free Cash Flow Margin	16.22%	23.72%	7.88%	13.11%	10.66%
EBITDA	66.61	80.36	45.66	49.51	95.66
EBITDA Margin	24.94%	27.02%	20.31%	22.50%	30.40%
D&A For EBITDA	18.06	17.94	15.81	14.09	11.57
EBIT	48.55	62.42	29.85	35.42	84.1
EBIT Margin	18.18%	20.99%	13.28%	16.09%	26.72%
Effective Tax Rate	11.67%	13.07%	11.50%	12.58%	13.73%
Revenue as Reported	267.04	297.43	224.83	220.07	314.72
Advertising Expenses	0.11	0.11	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.