SHE:301033 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	Jun '26 Jun 30, 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	393.24	361.22	272.26	227.54	195.02	153.79
Other Revenue	7.61	7.61	6.18	3.33	0.24	-
Revenue	400.85	368.83	278.44	230.87	195.25	153.79
Revenue Growth	27.59%	32.46%	20.61%	18.24%	26.96%	24.51%
Cost of Revenue	84.91	75.61	57.63	41.58	31.26	27.29
Gross Profit	315.95	293.22	220.81	189.29	163.99	126.5
Selling, General & Admin	146.86	139.42	114.04	116.17	105.57	73
Research & Development	37.84	36.96	27.09	26.78	30.61	25.88
Other Operating Expenses	0.94	0.42	0.62	2.1	2.04	0.66
Operating Expenses	185.59	176.75	141.84	145.09	138.25	99.49
Operating Income	130.36	116.47	78.97	44.2	25.74	27.01
Interest Expense	-0.02	-0.02	-0.9	-2.21	-1.78	-0.49
Interest & Investment Income	4.45	4.52	5.48	5.45	9.78	6.49
Currency Exchange Gain (Loss)	-0.44	-0.44	0.44	-0.01	1.04	-0.47
Other Non Operating Income (Expenses)	-2.43	-0.54	-0.26	-0.2	-0.13	-0.14
EBT Excluding Unusual Items	131.92	119.99	83.72	47.24	34.65	32.4
Gain (Loss) on Sale of Investments	0.92	0.19	0.15	0.13	-0.81	0.98
Gain (Loss) on Sale of Assets	0.01	0.01	0	-	0.17	0.01
Asset Writedown	-3.61	-2.7	-0.48	-0.22	-1.29	-0.07
Other Unusual Items	8.69	8.69	9.77	0.87	7.25	18.28
Pretax Income	137.92	126.17	93.16	48.02	39.96	51.6
Income Tax Expense	15.51	13.04	14.3	7.14	4.23	6.92
Earnings From Continuing Operations	122.41	113.13	78.85	40.88	35.73	44.68
Minority Interest in Earnings	-	-	-	-	0.16	0.03
Net Income	122.41	113.13	78.85	40.88	35.89	44.71
Net Income to Common	122.41	113.13	78.85	40.88	35.89	44.71
Net Income Growth	30.55%	43.46%	92.90%	13.89%	-19.73%	20.95%
Shares Outstanding (Basic)	66	66	66	66	66	57
Shares Outstanding (Diluted)	67	67	66	66	66	57
Shares Change	2.03%	1.87%	-0.33%	-0.80%	17.43%	14.83%
EPS (Basic)	1.85	1.71	1.20	0.62	0.54	0.79
EPS (Diluted)	1.82	1.69	1.20	0.62	0.54	0.79
EPS Growth	27.95%	40.83%	93.55%	14.82%	-31.65%	5.33%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	96.28	116.05	83.22	67.6	-87.65	-86.2
Free Cash Flow Per Share	1.43	1.73	1.27	1.02	-1.32	-1.52
Dividend Per Share	0.700	0.700	0.600	0.400	0.200	0.100
Dividend Growth	16.67%	16.67%	50.00%	100.00%	100.00%	-
Gross Margin	78.82%	79.50%	79.30%	81.99%	83.99%	82.25%
Operating Margin	32.52%	31.58%	28.36%	19.15%	13.18%	17.56%
Profit Margin	30.54%	30.67%	28.32%	17.71%	18.38%	29.08%
Free Cash Flow Margin	24.02%	31.46%	29.89%	29.28%	-44.89%	-56.05%
EBITDA	156.49	142.74	104.67	68.11	38.99	33.18
EBITDA Margin	39.04%	38.70%	37.59%	29.50%	19.97%	21.57%
D&A For EBITDA	26.13	26.27	25.7	23.91	13.25	6.17
EBIT	130.36	116.47	78.97	44.2	25.74	27.01
EBIT Margin	32.52%	31.58%	28.36%	19.15%	13.18%	17.56%
Effective Tax Rate	11.25%	10.34%	15.35%	14.88%	10.58%	13.41%
Revenue as Reported	368.83	368.83	278.44	230.87	195.25	153.79
Advertising Expenses	-	16.02	19.07	32.56	43.12	23.01