SHE:301083 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	351.17	347.1	398.27	385.89	403.9	518.7
Other Revenue	2.01	2.01	1.83	2.37	3.31	6.44
Revenue	353.18	349.11	400.1	388.26	407.2	525.14
Revenue Growth (YoY)	-10.05%	-12.75%	3.05%	-4.65%	-22.46%	4.63%
Cost of Revenue	280.13	277.65	317.58	303.95	316.54	409.32
Gross Profit	73.05	71.46	82.53	84.31	90.66	115.82
Selling, General & Admin	39.09	41.07	40.81	39.79	35.48	36.79
Research & Development	20.18	19.85	19.21	19	18.15	18.08
Other Operating Expenses	1.72	2.76	0.6	2.08	1.7	0.25
Operating Expenses	62.46	64.65	64.68	64.73	55.44	55.57
Operating Income	10.59	6.81	17.85	19.58	35.22	60.25
Interest Expense	-0.82	-0.35	-0.05	-0.03	-0.03	-0.04
Interest & Investment Income	14.71	14.99	16.24	16.17	14.31	4.33
Currency Exchange Gain (Loss)	-2.6	-2.6	0.99	-0.46	0.44	-0.02
Other Non Operating Income (Expenses)	7.89	10.12	-4.84	-0.12	-3.57	-0.94
EBT Excluding Unusual Items	29.77	28.97	30.19	35.14	46.38	63.57
Gain (Loss) on Sale of Investments	0.6	0.9	2.54	1.01	0.28	-
Gain (Loss) on Sale of Assets	-0.01	-0.01	0.02	0.01	0.21	-0.02
Asset Writedown	-0.07	-0.09	-0.09	-0	-	-
Other Unusual Items	4.11	4.09	3.98	2.75	22.62	7.86
Pretax Income	34.42	33.86	36.69	38.93	69.5	71.41
Income Tax Expense	2.45	2.5	4.89	4.36	6.87	8.27
Earnings From Continuing Operations	31.97	31.36	31.79	34.58	62.63	63.14
Minority Interest in Earnings	-1.37	-0.86	1.23	0.61	-1.06	-1.58
Net Income	30.6	30.5	33.02	35.19	61.57	61.56
Net Income to Common	30.6	30.5	33.02	35.19	61.57	61.56
Net Income Growth	15.50%	-7.64%	-6.14%	-42.85%	0.01%	-7.08%
Shares Outstanding (Basic)	178	178	178	178	178	143
Shares Outstanding (Diluted)	178	178	178	178	178	143
Shares Change (YoY)	-0.03%	0.01%	-0.03%	0.03%	24.66%	6.96%
EPS (Basic)	0.17	0.17	0.19	0.20	0.35	0.43
EPS (Diluted)	0.17	0.17	0.19	0.20	0.35	0.43
EPS Growth	15.53%	-7.65%	-6.12%	-42.86%	-19.77%	-13.13%
Free Cash Flow	12.42	17.61	-16.27	-0.04	27.57	48.65
Free Cash Flow Per Share	0.07	0.10	-0.09	-	0.15	0.34
Dividend Per Share	0.052	0.052	0.120	0.120	0.035	0.035
Dividend Growth	-56.67%	-56.67%	-	242.86%	-	-
Gross Margin	20.68%	20.47%	20.63%	21.71%	22.26%	22.05%
Operating Margin	3.00%	1.95%	4.46%	5.04%	8.65%	11.47%
Profit Margin	8.67%	8.74%	8.25%	9.06%	15.12%	11.72%
Free Cash Flow Margin	3.52%	5.04%	-4.07%	-0.01%	6.77%	9.26%
EBITDA	24.1	19.89	29.19	30.98	45.53	70.17
EBITDA Margin	6.82%	5.70%	7.30%	7.98%	11.18%	13.36%
D&A For EBITDA	13.51	13.08	11.34	11.4	10.31	9.92
EBIT	10.59	6.81	17.85	19.58	35.22	60.25
EBIT Margin	3.00%	1.95%	4.46%	5.04%	8.65%	11.47%
Effective Tax Rate	7.12%	7.39%	13.34%	11.19%	9.89%	11.58%
Revenue as Reported	353.18	349.11	400.1	388.26	407.2	525.14
Advertising Expenses	-	1.18	3.09	2.6	0.41	0.79

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