SHE:300943 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	554.68	556.53	463.24	428.29	475.22	516.02
Other Revenue	-	-	46.65	38.44	17.41	14.78
Revenue	554.68	556.53	509.89	466.73	492.63	530.8
Revenue Growth (YoY)	8.09%	9.15%	9.25%	-5.26%	-7.19%	3.74%
Cost of Revenue	419.86	417.53	381.05	353.97	377.88	385.22
Gross Profit	134.82	139	128.85	112.76	114.75	145.58
Selling, General & Admin	63.73	64.95	62.33	58.68	52.47	47.46
Research & Development	28.77	28.41	27.58	24.17	21.87	30.56
Other Operating Expenses	-0.02	-0.41	2.19	2.82	4.04	3.65
Operating Expenses	92.48	92.95	92.4	87.15	78.03	81.49
Operating Income	42.34	46.05	36.45	25.61	36.72	64.09
Interest Expense	-	-	-0.22	-0.06	-0.03	-
Interest & Investment Income	24.87	23.36	22.18	34.14	44.63	7.75
Currency Exchange Gain (Loss)	-	-	0.67	0.43	1.76	-1.61
Other Non Operating Income (Expenses)	0.6	2.23	-0.14	-0.13	-0.21	-0.25
EBT Excluding Unusual Items	67.81	71.64	58.94	60	82.86	69.98
Gain (Loss) on Sale of Investments	0.57	0.91	3.25	0.77	0.87	1.83
Gain (Loss) on Sale of Assets	0.01	0.04	0	28.41	-0.92	0.07
Asset Writedown	-4.28	-4.83	-	-1.94	-	-
Other Unusual Items	-	-	1.14	0.14	3.65	7.96
Pretax Income	64.12	67.75	63.33	87.38	86.45	79.85
Income Tax Expense	6.07	6.41	6.54	8.62	7.83	7.67
Earnings From Continuing Operations	58.04	61.34	56.79	78.76	78.62	72.17
Minority Interest in Earnings	-1.11	-1.26	-2.85	-2.31	-3.29	0.02
Net Income	56.94	60.09	53.94	76.46	75.34	72.19
Net Income to Common	56.94	60.09	53.94	76.46	75.34	72.19
Net Income Growth	3.62%	11.38%	-29.44%	1.49%	4.36%	-2.10%
Shares Outstanding (Basic)	202	207	200	201	204	201
Shares Outstanding (Diluted)	202	207	200	201	204	201
Shares Change (YoY)	-0.98%	3.70%	-0.70%	-1.18%	1.54%	30.53%
EPS (Basic)	0.28	0.29	0.27	0.38	0.37	0.36
EPS (Diluted)	0.28	0.29	0.27	0.38	0.37	0.36
EPS Growth	4.64%	7.41%	-28.95%	2.70%	2.78%	-25.00%
Free Cash Flow	31.67	28.1	79.17	39.5	38.95	7.52
Free Cash Flow Per Share	0.16	0.14	0.40	0.20	0.19	0.04
Dividend Per Share	-	-	0.120	0.120	0.150	0.073
Dividend Growth	-	-	-	-20.00%	104.64%	9.89%
Gross Margin	24.31%	24.98%	25.27%	24.16%	23.29%	27.43%
Operating Margin	7.63%	8.27%	7.15%	5.49%	7.46%	12.07%
Profit Margin	10.27%	10.80%	10.58%	16.38%	15.29%	13.60%
Free Cash Flow Margin	5.71%	5.05%	15.53%	8.46%	7.91%	1.42%
EBITDA	63.43	66.9	56.3	44.15	52.95	78.92
EBITDA Margin	11.44%	12.02%	11.04%	9.46%	10.75%	14.87%
D&A For EBITDA	21.09	20.85	19.85	18.54	16.23	14.83
EBIT	42.34	46.05	36.45	25.61	36.72	64.09
EBIT Margin	7.63%	8.27%	7.15%	5.49%	7.46%	12.07%
Effective Tax Rate	9.47%	9.46%	10.33%	9.87%	9.06%	9.61%
Revenue as Reported	-	-	509.89	466.73	492.63	530.8
Advertising Expenses	-	-	0.87	0.58	0.93	2.57

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