SHE:301153 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	827.45	824.84	1,208	912.85	738.2
Revenue Growth (YoY)	0.32%	-31.71%	32.31%	23.66%	25.72%
Cost of Revenue	342.71	333.67	527.94	382.25	338.19
Gross Profit	484.75	491.17	679.87	530.6	400.01
Selling, General & Admin	166.22	164.93	173.98	126.73	123.33
Research & Development	199.54	232.87	220.98	162.24	130.56
Other Operating Expenses	-0.22	-3.5	-7.79	-10.76	-8.37
Operating Expenses	419.09	435.27	407.9	279.62	245.19
Operating Income	65.65	55.89	271.97	250.98	154.82
Interest Expense	-0.18	-0.31	-0.42	-0.34	-0.59
Interest & Investment Income	32.51	36.05	44.49	32.03	10.78
Other Non Operating Income (Expenses)	-0.24	0.42	0.62	-0.48	-0.86
EBT Excluding Unusual Items	97.74	92.05	316.66	282.19	164.15
Gain (Loss) on Sale of Investments	-	-1.55	-	-	-
Gain (Loss) on Sale of Assets	-	0.47	-0.13	-	-
Asset Writedown	-0	-0.01	-	-	-0.01
Other Unusual Items	0.94	2.32	3.52	3.58	4.43
Pretax Income	98.67	93.28	320.06	285.77	168.57
Income Tax Expense	-4.4	-19.18	15.97	24.44	11.8
Earnings From Continuing Operations	103.08	112.46	304.08	261.33	156.78
Minority Interest in Earnings	-2.21	-8.03	-4.5	-2.89	-0.72
Net Income	100.87	104.44	299.59	258.44	156.05
Net Income to Common	100.87	104.44	299.59	258.44	156.05
Net Income Growth	-3.41%	-65.14%	15.92%	65.61%	25.20%
Shares Outstanding (Basic)	348	348	348	314	262
Shares Outstanding (Diluted)	348	348	352	314	262
Shares Change (YoY)	-0.08%	-1.23%	12.13%	19.99%	-0.18%
EPS (Basic)	0.29	0.30	0.86	0.82	0.60
EPS (Diluted)	0.29	0.30	0.85	0.82	0.60
EPS Growth	-3.33%	-64.71%	3.38%	38.02%	25.42%
Free Cash Flow	128.52	87.76	123.33	220.78	208.98
Free Cash Flow Per Share	0.37	0.25	0.35	0.70	0.80
Dividend Per Share	0.160	0.180	0.556	0.617	-
Dividend Growth	-11.11%	-67.60%	-9.99%	-	-
Gross Margin	58.58%	59.55%	56.29%	58.13%	54.19%
Operating Margin	7.93%	6.78%	22.52%	27.49%	20.97%
Profit Margin	12.19%	12.66%	24.80%	28.31%	21.14%
Free Cash Flow Margin	15.53%	10.64%	10.21%	24.19%	28.31%
EBITDA	69.22	60.14	274.1	252.26	155.44
EBITDA Margin	8.37%	7.29%	22.69%	27.63%	21.06%
D&A For EBITDA	3.56	4.24	2.12	1.28	0.61
EBIT	65.65	55.89	271.97	250.98	154.82
EBIT Margin	7.93%	6.78%	22.52%	27.49%	20.97%
Effective Tax Rate	-	-	4.99%	8.55%	7.00%
Revenue as Reported	827.45	824.84	1,208	912.85	738.2
Advertising Expenses	0.36	0.18	0.54	3.06	1.31

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