SHE:300993 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	741.08	706.64	732.03	632.65	522.1	520.38
Other Revenue	38.7	38.7	37.38	30.37	24.51	-
Revenue	779.77	745.33	769.41	663.02	546.62	520.38
Revenue Growth (YoY)	2.38%	-3.13%	16.05%	21.30%	5.04%	35.16%
Cost of Revenue	492.32	462.59	466.26	398.21	322.28	296.79
Gross Profit	287.45	282.74	303.15	264.81	224.34	223.59
Selling, General & Admin	94.95	93.59	85.1	62.74	49.18	45.17
Research & Development	29.2	27.66	24.35	20.22	18	17.45
Other Operating Expenses	7.79	5.6	7.61	7.79	4.09	4.92
Operating Expenses	132.86	126.52	118.6	91.55	71.68	67.9
Operating Income	154.59	156.22	184.55	173.26	152.66	155.69
Interest Expense	-0.66	-0.66	-0.5	-0.35	-0.04	-0.12
Interest & Investment Income	15.68	15.03	19.89	17	14.42	11.03
Currency Exchange Gain (Loss)	-7.28	-7.28	6.84	-0.23	13.76	-4.08
Other Non Operating Income (Expenses)	-6.05	-0.99	0.95	-0.98	-2.75	-0.73
EBT Excluding Unusual Items	156.28	162.32	211.73	188.71	178.04	161.79
Gain (Loss) on Sale of Investments	1.51	0.48	-	1.4	0.04	-
Gain (Loss) on Sale of Assets	0	0	0.88	-	-0.01	-0.22
Asset Writedown	0.5	-0.14	-0.42	-0.35	-0.07	-1.32
Other Unusual Items	10	8.99	3.01	0.21	2.03	2.96
Pretax Income	168.29	171.65	215.2	189.97	180.03	163.2
Income Tax Expense	21.84	22.87	29.59	24.92	23.38	22.88
Net Income	146.46	148.78	185.61	165.04	156.65	140.32
Net Income to Common	146.46	148.78	185.61	165.04	156.65	140.32
Net Income Growth	-18.26%	-19.84%	12.46%	5.36%	11.64%	29.87%
Shares Outstanding (Basic)	312	310	304	306	307	276
Shares Outstanding (Diluted)	312	310	304	306	307	276
Shares Change (YoY)	2.78%	1.87%	-0.45%	-0.50%	11.14%	19.15%
EPS (Basic)	0.47	0.48	0.61	0.54	0.51	0.51
EPS (Diluted)	0.47	0.48	0.61	0.54	0.51	0.51
EPS Growth	-20.47%	-21.31%	12.96%	5.88%	0.45%	9.00%
Free Cash Flow	35.39	40.69	50.61	109.08	-3.49	-42.29
Free Cash Flow Per Share	0.11	0.13	0.17	0.36	-0.01	-0.15
Dividend Per Share	0.200	0.200	0.200	0.180	0.139	0.085
Dividend Growth	-	-	11.11%	29.96%	62.18%	-
Gross Margin	36.86%	37.94%	39.40%	39.94%	41.04%	42.97%
Operating Margin	19.82%	20.96%	23.99%	26.13%	27.93%	29.92%
Profit Margin	18.78%	19.96%	24.12%	24.89%	28.66%	26.96%
Free Cash Flow Margin	4.54%	5.46%	6.58%	16.45%	-0.64%	-8.13%
EBITDA	215.87	215.7	236.83	215.02	183.96	180.65
EBITDA Margin	27.68%	28.94%	30.78%	32.43%	33.65%	34.72%
D&A For EBITDA	61.27	59.48	52.28	41.76	31.3	24.96
EBIT	154.59	156.22	184.55	173.26	152.66	155.69
EBIT Margin	19.82%	20.96%	23.99%	26.13%	27.93%	29.92%
Effective Tax Rate	12.98%	13.32%	13.75%	13.12%	12.98%	14.02%
Revenue as Reported	779.77	745.33	769.41	663.02	546.62	520.38
Advertising Expenses	-	4.22	4.81	5.03	-	-

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