SHE:301119 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	476.79	455.54	418.54	414.03	424.93	350.95
Other Revenue	3.41	3.69	3.7	3.38	2.86	3.16
Revenue	480.19	459.22	422.24	417.41	427.79	354.11
Revenue Growth	10.96%	8.76%	1.16%	-2.43%	20.81%	25.53%
Cost of Revenue	333.61	317.44	288.12	279.93	299.69	260.57
Gross Profit	146.58	141.78	134.13	137.48	128.1	93.54
Selling, General & Admin	29.65	27.17	26.9	24.51	24.31	21.56
Research & Development	18.44	18.12	20.64	18.02	19.07	16.09
Other Operating Expenses	6.39	3.8	2.45	3.89	3.44	2.08
Operating Expenses	55.24	49.45	51.15	46.22	47.79	40.77
Operating Income	91.34	92.33	82.98	91.26	80.31	52.77
Interest Expense	-2.53	-4.59	-4.11	-3.41	-0.42	-0.05
Interest & Investment Income	24.85	37.03	16.76	20.53	15.47	5.53
Currency Exchange Gain (Loss)	-7.78	-0.62	1.24	2.3	3.32	-1.09
Other Non Operating Income (Expenses)	-1.6	-0.3	-0.43	-0.12	-0.35	-0.15
EBT Excluding Unusual Items	104.29	123.85	96.43	110.55	98.33	57.01
Gain (Loss) on Sale of Investments	0.32	-0.05	2.54	-3.42	-0.46	-
Gain (Loss) on Sale of Assets	0.11	0.08	-0.11	-0.16	0.01	-0.08
Asset Writedown	-0.01	-	-0.01	-0	-	-
Other Unusual Items	9.54	6.41	4.69	3.43	12.28	2.16
Pretax Income	114.25	130.28	103.54	110.4	110.15	59.09
Income Tax Expense	16.39	17.55	13.17	13.57	12.1	6.08
Earnings From Continuing Operations	97.86	112.73	90.36	96.83	98.04	53.01
Minority Interest in Earnings	-	-	0.57	0.09	-	-
Net Income	97.86	112.73	90.93	96.92	98.04	53.01
Net Income to Common	97.86	112.73	90.93	96.92	98.04	53.01
Net Income Growth	-16.53%	23.98%	-6.18%	-1.15%	84.95%	0.17%
Shares Outstanding (Basic)	148	146	146	146	148	112
Shares Outstanding (Diluted)	148	146	146	146	148	112
Shares Change	0.99%	-0.13%	0.30%	-1.15%	31.55%	2.50%
EPS (Basic)	0.66	0.77	0.62	0.66	0.66	0.47
EPS (Diluted)	0.66	0.77	0.62	0.66	0.66	0.47
EPS Growth	-17.35%	24.14%	-6.46%	0%	40.59%	-2.27%

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	51.95	73.69	22.16	76.08	175.89	32.23
Free Cash Flow Per Share	0.35	0.50	0.15	0.52	1.19	0.29
Dividend Per Share	0.086	0.086	0.729	0.071	0.082	0.041
Dividend Growth	-86.96%	-88.24%	920.45%	-13.35%	100.00%	-
Gross Margin	30.53%	30.87%	31.77%	32.94%	29.94%	26.41%
Operating Margin	19.02%	20.11%	19.65%	21.86%	18.77%	14.90%
Profit Margin	20.38%	24.55%	21.54%	23.22%	22.92%	14.97%
Free Cash Flow Margin	10.82%	16.05%	5.25%	18.23%	41.12%	9.10%
EBITDA	109.68	110.38	100.6	107.56	94.26	64.52
EBITDA Margin	22.84%	24.04%	23.82%	25.77%	22.03%	18.22%
D&A For EBITDA	18.35	18.05	17.62	16.3	13.95	11.75
EBIT	91.34	92.33	82.98	91.26	80.31	52.77
EBIT Margin	19.02%	20.11%	19.65%	21.86%	18.77%	14.90%
Effective Tax Rate	14.34%	13.47%	12.72%	12.29%	10.99%	10.29%
Revenue as Reported	480.19	459.22	422.24	417.41	427.79	354.11
Advertising Expenses	-	0.41	0.52	-	-	-