SHE:301255 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	466.53	441.72	423.88	463.77	464.12	463.48
Other Revenue	5.02	3.76	4.14	4.19	3.39	3.83
Revenue	471.55	445.49	428.01	467.96	467.52	467.31
Revenue Growth	11.63%	4.08%	-8.54%	0.10%	0.04%	36.15%
Cost of Revenue	384.2	344.19	324.15	341.83	327.52	323.02
Gross Profit	87.36	101.3	103.86	126.13	140	144.3
Selling, General & Admin	49.39	38.27	31.41	34.16	31.1	28.43
Research & Development	27.86	23.18	21.77	21.34	20.35	19.33
Other Operating Expenses	7.27	5.18	4.12	2.01	4.17	4.36
Operating Expenses	87.81	68.27	59.53	59.1	57.77	52.3
Operating Income	-0.45	33.03	44.33	67.03	82.22	92
Interest Expense	-3.2	-1.49	-0.56	-0.19	-0.46	-0.78
Interest & Investment Income	6.88	10.97	15.9	17.42	3.12	1.25
Currency Exchange Gain (Loss)	0.57	0.16	-1	-0.82	0.06	-0.32
Other Non Operating Income (Expenses)	-0.05	-0.43	-0.29	-0.14	-0.1	-0.08
EBT Excluding Unusual Items	3.75	42.23	58.39	83.3	84.85	92.06
Gain (Loss) on Sale of Investments	-0.27	0.25	0.36	0.27	-	-
Gain (Loss) on Sale of Assets	1.35	0.03	-0	0.68	6.74	0.24
Asset Writedown	-0	-0	-1.62	-	-	-
Other Unusual Items	5.36	4.09	1.68	7.76	13.36	11.06
Pretax Income	10.18	46.6	58.81	92.01	104.94	103.36
Income Tax Expense	-5.71	2.95	6.86	11.25	8.18	12.81
Earnings From Continuing Operations	15.89	43.65	51.95	80.76	96.77	90.55
Minority Interest in Earnings	6.98	0.01	-	-	-	-
Net Income	22.87	43.66	51.95	80.76	96.77	90.55
Net Income to Common	22.87	43.66	51.95	80.76	96.77	90.55
Net Income Growth	-45.69%	-15.96%	-35.67%	-16.55%	6.86%	64.18%
Shares Outstanding (Basic)	135	151	153	153	114	114
Shares Outstanding (Diluted)	135	151	153	153	114	114
Shares Change	-12.63%	-1.47%	0.02%	34.20%	-0.10%	2.13%
EPS (Basic)	0.17	0.29	0.34	0.53	0.85	0.79
EPS (Diluted)	0.17	0.29	0.34	0.53	0.85	0.79
EPS Growth	-37.85%	-14.71%	-35.68%	-37.81%	6.97%	60.76%

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	-102.16	-19.12	-154.77	-43.98	64.94	67.3
Free Cash Flow Per Share	-0.76	-0.13	-1.01	-0.29	0.57	0.59
Dividend Per Share	0.120	0.120	0.143	0.357	0.446	-
Dividend Growth	-16.02%	-16.02%	-59.98%	-20.00%	-	-
Gross Margin	18.52%	22.74%	24.27%	26.95%	29.94%	30.88%
Operating Margin	-0.10%	7.41%	10.36%	14.32%	17.59%	19.69%
Profit Margin	4.85%	9.80%	12.14%	17.26%	20.70%	19.38%
Free Cash Flow Margin	-21.66%	-4.29%	-36.16%	-9.40%	13.89%	14.40%
EBITDA	40.83	61.28	68.05	90.69	102.04	111.93
EBITDA Margin	8.66%	13.76%	15.90%	19.38%	21.83%	23.95%
D&A For EBITDA	41.28	28.25	23.71	23.66	19.81	19.94
EBIT	-0.45	33.03	44.33	67.03	82.22	92
EBIT Margin	-0.10%	7.41%	10.36%	14.32%	17.59%	19.69%
Effective Tax Rate	-	6.33%	11.66%	12.23%	7.79%	12.39%
Revenue as Reported	471.55	445.49	428.01	467.96	467.52	467.31
Advertising Expenses	-	0.48	1.14	1.65	1.04	0.86