SHE:300913 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	2,103	2,043	1,748	1,486	1,548	1,394
Other Revenue	80.9	80.9	83.07	69.56	63.44	70.73
Revenue	2,184	2,124	1,831	1,556	1,611	1,465
Revenue Growth (YoY)	14.31%	15.97%	17.73%	-3.45%	9.98%	26.16%
Cost of Revenue	1,693	1,659	1,535	1,325	1,353	1,260
Gross Profit	491.41	464.71	296.79	231.1	258.47	205.44
Selling, General & Admin	133.22	134.97	120.78	93.57	81.43	63.74
Research & Development	68.91	67.36	65.59	58.54	59.77	54.19
Other Operating Expenses	10.18	9.66	6.57	-10.7	4.48	2.21
Operating Expenses	213.04	216.33	199.43	141.42	146.96	121.66
Operating Income	278.37	248.38	97.37	89.68	111.51	83.77
Interest Expense	-0.34	-0.4	-0.61	-0.1	-0.03	-0.52
Interest & Investment Income	9.02	7.31	5.39	7.61	3.16	4.96
Currency Exchange Gain (Loss)	-2.78	-2.78	16.26	11.37	23.05	-4.78
Other Non Operating Income (Expenses)	-11.06	-0.3	-1.54	-0.01	-0.67	-0.44
EBT Excluding Unusual Items	273.2	252.22	116.87	108.55	137.02	82.99
Gain (Loss) on Sale of Investments	-1.49	-1.89	0.01	-0	-3.89	0.31
Gain (Loss) on Sale of Assets	0.09	0.14	0.09	-1.23	-0.01	0.88
Asset Writedown	-3.5	-0.53	-0.22	-0.05	-0.24	-0.04
Other Unusual Items	5	5.22	50.47	-	7.99	9.98
Pretax Income	273.3	255.16	167.21	107.27	140.87	94.12
Income Tax Expense	25.98	23.79	14.19	9.12	10.41	5.85
Net Income	247.32	231.36	153.02	98.15	130.45	88.27
Net Income to Common	247.32	231.36	153.02	98.15	130.45	88.27
Net Income Growth	47.21%	51.20%	55.90%	-24.76%	47.79%	20.93%
Shares Outstanding (Basic)	333	313	312	310	307	309
Shares Outstanding (Diluted)	333	313	312	310	307	309
Shares Change (YoY)	11.29%	0.12%	0.76%	0.97%	-0.54%	32.56%
EPS (Basic)	0.74	0.74	0.49	0.32	0.42	0.29
EPS (Diluted)	0.74	0.74	0.49	0.32	0.42	0.29
EPS Growth	32.28%	51.02%	54.72%	-25.48%	48.60%	-8.77%
Free Cash Flow	41.3	60.12	12.01	47.34	58.71	-69.72
Free Cash Flow Per Share	0.12	0.19	0.04	0.15	0.19	-0.23
Dividend Per Share	0.160	0.160	0.120	0.100	0.066	0.052
Dividend Growth	33.33%	33.33%	20.00%	52.67%	26.94%	8.40%
Gross Margin	22.50%	21.88%	16.20%	14.86%	16.04%	14.02%
Operating Margin	12.74%	11.70%	5.32%	5.76%	6.92%	5.72%
Profit Margin	11.32%	10.89%	8.36%	6.31%	8.10%	6.02%
Free Cash Flow Margin	1.89%	2.83%	0.66%	3.04%	3.64%	-4.76%
EBITDA	324.18	293.29	138.64	130.01	148.48	111.59
EBITDA Margin	14.84%	13.81%	7.57%	8.36%	9.22%	7.62%
D&A For EBITDA	45.81	44.9	41.27	40.33	36.97	27.82
EBIT	278.37	248.38	97.37	89.68	111.51	83.77
EBIT Margin	12.74%	11.70%	5.32%	5.76%	6.92%	5.72%
Effective Tax Rate	9.51%	9.33%	8.49%	8.50%	7.39%	6.22%
Revenue as Reported	2,184	2,124	1,831	1,556	1,611	1,465
Advertising Expenses	-	0.3	0.38	1.25	0.36	0.98

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