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	486.76	488.61	463.24	428.29	475.22	516.02
Other Revenue	67.92	67.92	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	424.62	422.29	381.05	353.97	377.88	385.22
Gross Profit	130.06	134.24	128.85	112.76	114.75	145.58
Selling, General & Admin	62.45	63.67	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	2.39	1.99	1.99	2.82	4.04	3.65
Operating Expenses	95.27	95.32	91.83	87.15	78.03	81.49
Operating Income	34.8	38.92	37.02	25.61	36.72	64.09
Interest Expense	-0.11	-0.11	-0.22	-0.06	-0.03	-
Interest & Investment Income	27.81	25.81	22.18	34.14	44.63	7.75
Currency Exchange Gain (Loss)	-1.02	-1.02	0.67	0.43	1.76	-1.61
Other Non Operating Income (Expenses)	-1.97	-0.04	-0.29	-0.13	-0.21	-0.25
EBT Excluding Unusual Items	59.51	63.56	59.36	60	82.86	69.98
Impairment of Goodwill	-1.45	-1.45	-	-	-	-
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	0.55	-0	0.01	-3.76	-	-
Other Unusual Items	4.93	4.7	0.71	1.96	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)	191	207	200	201	204	201
Shares Outstanding (Diluted)	191	207	200	201	204	201
Shares Change (YoY)	-10.76%	3.70%	-0.70%	-1.18%	1.54%	30.53%
EPS (Basic)	0.30	0.29	0.27	0.38	0.37	0.36
EPS (Diluted)	0.30	0.29	0.27	0.38	0.37	0.36
EPS Growth	16.11%	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	0.17	0.14	0.40	0.20	0.19	0.04
Dividend Per Share	0.130	0.130	0.120	0.120	0.150	0.073
Dividend Growth	8.33%	8.33%	-	-20.00%	104.64%	9.89%
Gross Margin	23.45%	24.12%	25.27%	24.16%	23.29%	27.43%
Operating Margin	6.27%	6.99%	7.26%	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	54.28	58.68	57.88	44.15	52.95	78.92
EBITDA Margin	9.79%	10.54%	11.35%	9.46%	10.75%	14.87%
D&A For EBITDA	19.49	19.76	20.86	18.54	16.23	14.83
EBIT	34.8	38.92	37.02	25.61	36.72	64.09
EBIT Margin	6.27%	6.99%	7.26%	5.49%	7.46%	12.07%
Effective Tax Rate	9.47%	9.46%	10.33%	9.87%	9.06%	9.61%
Revenue as Reported	554.68	556.53	509.89	466.73	492.63	530.8
Advertising Expenses	-	0.48	0.87	0.58	0.93	2.57

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