SHE:300885 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	352.38	266.48	296.73	224.33	220.02	314.72
Other Revenue	0.57	0.57	0.7	0.5	0.05	-
Revenue	352.95	267.04	297.43	224.83	220.07	314.72
Revenue Growth (YoY)	17.88%	-10.22%	32.29%	2.16%	-30.08%	45.47%
Cost of Revenue	237.89	181.35	195.69	158.15	151.28	195.03
Gross Profit	115.06	85.7	101.73	66.68	68.78	119.69
Selling, General & Admin	20.81	19.98	20.58	18.7	19.41	20
Research & Development	17.38	15.4	14.9	13.81	13.61	12.81
Other Operating Expenses	2.67	2.4	2.65	2.63	2.03	2.4
Operating Expenses	40.22	37.15	39.31	36.83	33.36	35.59
Operating Income	74.84	48.55	62.42	29.85	35.42	84.1
Interest & Investment Income	12.94	13.12	14.95	19.44	13.32	12.27
Currency Exchange Gain (Loss)	-0.8	-0.8	1.88	0.36	11.02	-3.74
Other Non Operating Income (Expenses)	-5.01	-0.07	-0.08	-0.02	-0.08	-0.09
EBT Excluding Unusual Items	81.97	60.8	79.17	49.64	59.68	92.53
Gain (Loss) on Sale of Investments	0.47	0.67	2.79	1.99	-0.13	1.74
Gain (Loss) on Sale of Assets	-	-	-0.01	-	-	-
Asset Writedown	0.34	-	-	-	-	-0
Other Unusual Items	1.06	1.06	-0.02	0.55	5.88	3.54
Pretax Income	83.84	62.52	81.93	52.18	65.43	97.81
Income Tax Expense	10.56	7.3	10.71	6	8.23	13.43
Net Income	61.69	55.22	71.23	46.18	57.2	84.38
Net Income to Common	61.69	55.22	71.23	46.18	57.2	84.38
Net Income Growth	-16.33%	-22.47%	54.24%	-19.27%	-32.21%	34.73%
Shares Outstanding (Basic)	249	249	249	251	251	251
Shares Outstanding (Diluted)	249	249	249	251	251	251
Shares Change (YoY)	-0.28%	-0.02%	-0.54%	0.02%	-0.02%	23.08%
EPS (Basic)	0.25	0.22	0.29	0.18	0.23	0.34
EPS (Diluted)	0.25	0.22	0.29	0.18	0.23	0.34
EPS Growth	-16.10%	-22.45%	55.08%	-19.29%	-32.19%	9.47%
Free Cash Flow	30.46	43.32	70.54	17.71	28.85	33.53
Free Cash Flow Per Share	0.12	0.17	0.28	0.07	0.12	0.13
Dividend Per Share	0.081	0.081	0.121	0.080	-	-
Dividend Growth	-33.33%	-33.33%	50.25%	-	-	-
Gross Margin	32.60%	32.09%	34.20%	29.66%	31.26%	38.03%
Operating Margin	21.20%	18.18%	20.99%	13.28%	16.09%	26.72%
Profit Margin	17.48%	20.68%	23.95%	20.54%	25.99%	26.81%
Free Cash Flow Margin	8.63%	16.22%	23.72%	7.88%	13.11%	10.66%
EBITDA	92.93	66.61	80.36	45.66	49.51	95.66
EBITDA Margin	26.33%	24.94%	27.02%	20.31%	22.50%	30.40%
D&A For EBITDA	18.09	18.06	17.94	15.81	14.09	11.57
EBIT	74.84	48.55	62.42	29.85	35.42	84.1
EBIT Margin	21.20%	18.18%	20.99%	13.28%	16.09%	26.72%
Effective Tax Rate	12.60%	11.67%	13.07%	11.50%	12.58%	13.73%
Revenue as Reported	267.04	267.04	297.43	224.83	220.07	314.72
Advertising Expenses	-	0.11	0.11	-	-	-

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