SHE:301093 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	600.02	616.04	584.45	621.9	583.67	819.27
Other Revenue	3.41	3.41	1.96	1.03	0.47	1.6
Revenue	603.43	619.45	586.41	622.92	584.14	820.87
Revenue Growth (YoY)	-0.33%	5.63%	-5.86%	6.64%	-28.84%	83.92%
Cost of Revenue	372.6	382	363.66	367.57	334.13	373.85
Gross Profit	230.83	237.46	222.76	255.36	250	447.02
Selling, General & Admin	151	141.32	145.52	145.13	139.3	141.4
Research & Development	41.01	39.51	39.54	36.18	36.69	42.08
Other Operating Expenses	5.57	5.05	4.06	3.41	6.14	8.82
Operating Expenses	199.03	187.35	189.58	183.67	183.7	194.68
Operating Income	31.8	50.11	33.18	71.68	66.3	252.34
Interest Expense	-1.74	-1.35	-0.25	-0.44	-0.6	-4.83
Interest & Investment Income	8.42	8.97	22.05	48.2	14.89	3.74
Currency Exchange Gain (Loss)	1.87	1.87	-2.81	1.95	1.4	0.72
Other Non Operating Income (Expenses)	-4.03	-0.42	-0.58	-0.42	-0.27	-1.31
EBT Excluding Unusual Items	36.33	59.17	51.58	120.97	81.72	250.66
Gain (Loss) on Sale of Investments	7.81	8.38	5.85	3.26	25.83	-
Gain (Loss) on Sale of Assets	-0.14	-0.54	0	0.21	0.27	-0.02
Asset Writedown	0.42	-0.03	-0.05	-0.04	-0.84	-
Other Unusual Items	3.61	2.15	1.17	12.87	0.35	2.38
Pretax Income	48.02	69.13	58.55	137.27	107.33	253.02
Income Tax Expense	6.24	9.27	8.98	19.34	13.58	37
Earnings From Continuing Operations	41.79	59.86	49.57	117.93	93.75	216.02
Minority Interest in Earnings	0.62	0.31	0	-	-	-
Net Income	42.41	60.18	49.57	117.93	93.75	216.02
Net Income to Common	42.41	60.18	49.57	117.93	93.75	216.02
Net Income Growth	-25.96%	21.39%	-57.96%	25.79%	-56.60%	165.52%
Shares Outstanding (Basic)	161	164	166	175	175	139
Shares Outstanding (Diluted)	161	164	166	177	175	139
Shares Change (YoY)	-2.44%	-1.44%	-5.92%	0.98%	26.34%	5.62%
EPS (Basic)	0.26	0.37	0.30	0.67	0.54	1.56
EPS (Diluted)	0.26	0.37	0.30	0.67	0.54	1.56
EPS Growth	-24.11%	23.15%	-55.32%	24.56%	-65.65%	151.39%
Free Cash Flow	-8.12	-17.09	-14.65	-73.39	-78.73	92.78
Free Cash Flow Per Share	-0.05	-0.10	-0.09	-0.41	-0.45	0.67
Dividend Per Share	0.050	0.050	0.200	0.462	0.231	0.538
Dividend Growth	-75.00%	-75.00%	-56.66%	99.70%	-57.08%	-
Gross Margin	38.25%	38.33%	37.99%	40.99%	42.80%	54.46%
Operating Margin	5.27%	8.09%	5.66%	11.51%	11.35%	30.74%
Profit Margin	7.03%	9.71%	8.45%	18.93%	16.05%	26.32%
Free Cash Flow Margin	-1.35%	-2.76%	-2.50%	-11.78%	-13.48%	11.30%
EBITDA	100.86	116.55	89.15	116.13	101.15	280.45
EBITDA Margin	16.71%	18.82%	15.20%	18.64%	17.32%	34.16%
D&A For EBITDA	69.06	66.45	55.98	44.45	34.84	28.11
EBIT	31.8	50.11	33.18	71.68	66.3	252.34
EBIT Margin	5.27%	8.09%	5.66%	11.51%	11.35%	30.74%
Effective Tax Rate	12.99%	13.41%	15.33%	14.09%	12.65%	14.62%
Revenue as Reported	603.43	619.45	586.41	622.92	584.14	820.87
Advertising Expenses	-	0.53	0.53	1.07	2.57	1.69

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