SHE:301057 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	988.19	951.19	816.32	790.67	593.22	591.08
Other Revenue	-	-	22	13.43	22.02	22.39
Revenue	988.19	951.19	838.32	804.1	615.24	613.46
Revenue Growth (YoY)	12.84%	13.46%	4.25%	30.70%	0.29%	13.38%
Cost of Revenue	841.46	812.28	723.9	669.96	517.32	477.86
Gross Profit	146.73	138.91	114.42	134.14	97.92	135.6
Selling, General & Admin	64.47	62.24	50.29	45.49	33.37	32.62
Research & Development	43.78	41.42	36.93	37.52	28.77	29.01
Other Operating Expenses	-5.35	-0.71	-1.27	1.08	1.08	2.25
Operating Expenses	102.89	102.94	86.2	86.45	64.76	63.77
Operating Income	43.84	35.97	28.22	47.69	33.16	71.83
Interest Expense	-	-	-1.34	-0.58	-0.52	-
Interest & Investment Income	0.41	0.34	3.99	6.31	6.37	1.97
Currency Exchange Gain (Loss)	-	-	2.95	1.61	1.26	-0.36
Other Non Operating Income (Expenses)	-5.15	-3.35	-1.3	-1.67	-0.85	-0.93
EBT Excluding Unusual Items	39.09	32.96	32.52	53.36	39.42	72.51
Gain (Loss) on Sale of Investments	3.13	5	-0.43	-	0.71	0.74
Gain (Loss) on Sale of Assets	0.85	0.63	0	0.05	-0.03	-
Asset Writedown	-1.62	-1.62	-	-	-	-0.08
Other Unusual Items	-	-	-0.72	1.67	2.12	7.12
Pretax Income	41.46	36.98	31.37	55.09	42.22	80.3
Income Tax Expense	2.57	1.91	0.44	3.75	1.64	8.19
Earnings From Continuing Operations	38.89	35.06	30.93	51.34	40.58	72.11
Minority Interest in Earnings	0.22	0.05	-	-	-	-
Net Income	39.11	35.11	30.93	51.34	40.58	72.11
Net Income to Common	39.11	35.11	30.93	51.34	40.58	72.11
Net Income Growth	12.62%	13.54%	-39.76%	26.52%	-43.73%	7.87%
Shares Outstanding (Basic)	118	117	116	113	109	89
Shares Outstanding (Diluted)	118	117	116	114	109	89
Shares Change (YoY)	5.41%	0.52%	2.22%	4.31%	23.08%	8.83%
EPS (Basic)	0.33	0.30	0.27	0.45	0.37	0.81
EPS (Diluted)	0.33	0.30	0.27	0.45	0.37	0.81
EPS Growth	6.83%	12.95%	-40.98%	21.62%	-54.32%	-1.22%
Free Cash Flow	-339.67	-384.29	-304.72	-34.13	-18.69	2.31
Free Cash Flow Per Share	-2.87	-3.28	-2.62	-0.30	-0.17	0.03
Dividend Per Share	-	-	0.200	0.501	-	0.200
Dividend Growth	-	-	-60.04%	-	-	-
Gross Margin	14.85%	14.60%	13.65%	16.68%	15.92%	22.10%
Operating Margin	4.44%	3.78%	3.37%	5.93%	5.39%	11.71%
Profit Margin	3.96%	3.69%	3.69%	6.39%	6.59%	11.76%
Free Cash Flow Margin	-34.37%	-40.40%	-36.35%	-4.25%	-3.04%	0.38%
EBITDA	88.55	78.62	62.64	74.83	55.17	93.64
EBITDA Margin	8.96%	8.27%	7.47%	9.30%	8.97%	15.26%
D&A For EBITDA	44.71	42.65	34.42	27.14	22.01	21.8
EBIT	43.84	35.97	28.22	47.69	33.16	71.83
EBIT Margin	4.44%	3.78%	3.37%	5.93%	5.39%	11.71%
Effective Tax Rate	6.19%	5.18%	1.41%	6.80%	3.89%	10.20%
Revenue as Reported	-	-	838.32	804.1	615.24	613.46
Advertising Expenses	-	-	4.84	2.17	0.64	2.13

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