SHE:301287 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	Dec '21 Dec 31, 2021
Operating Revenue	604.17	583.4	684.56	605.62	604.54	698.61
Other Revenue	2.08	2.08	2.25	3.59	2.08	3.57
Revenue	606.25	585.48	686.81	609.21	606.62	702.19
Revenue Growth	-3.77%	-14.75%	12.74%	0.43%	-13.61%	4.07%
Cost of Revenue	421.92	401.77	470.82	417.63	454.61	512.84
Gross Profit	184.32	183.71	215.99	191.57	152.01	189.35
Selling, General & Admin	105.53	112.44	131.27	109.76	65.21	60.91
Research & Development	22.55	18.95	21	19.77	18.59	21.68
Other Operating Expenses	2.51	2.29	0.58	4.33	5.73	-0.18
Operating Expenses	129.55	132.62	155.56	138.69	91.59	83.2
Operating Income	54.78	51.08	60.43	52.88	60.42	106.15
Interest Expense	-3.87	-3.87	-3.83	-3.72	-4.54	-6.55
Interest & Investment Income	55.77	54.37	33.4	22.34	4.13	1
Currency Exchange Gain (Loss)	-20.04	-20.04	9.97	7.13	29.14	-8.2
Other Non Operating Income (Expenses)	-23.34	-1.14	-0.89	-0.73	-0.16	-0.93
EBT Excluding Unusual Items	63.3	80.4	99.07	77.9	88.99	91.47
Gain (Loss) on Sale of Investments	1.12	1.21	-3.62	-1.5	-	-
Gain (Loss) on Sale of Assets	0.09	0.01	0.5	0.02	-	0.01
Asset Writedown	-0.41	-0.02	-	-	-0.04	-
Other Unusual Items	2.53	2.53	2.39	35.61	4.59	-1.34
Pretax Income	66.63	84.13	98.34	112.03	93.54	90.15
Income Tax Expense	14.69	14.62	17.08	15.13	9.23	11.63
Earnings From Continuing Operations	51.94	69.52	81.26	96.89	84.31	78.53
Minority Interest in Earnings	-0.23	-0.07	-0.04	0.03	-0.04	-0.24
Net Income	51.71	69.44	81.23	96.92	84.27	78.28
Net Income to Common	51.71	69.44	81.23	96.92	84.27	78.28
Net Income Growth	-35.71%	-14.51%	-16.20%	15.01%	7.65%	-16.16%
Shares Outstanding (Basic)	67	67	67	58	50	50
Shares Outstanding (Diluted)	67	67	67	58	50	50
Shares Change	1.55%	0.29%	14.03%	17.09%	-0.27%	-
EPS (Basic)	0.77	1.04	1.22	1.66	1.69	1.57
EPS (Diluted)	0.77	1.04	1.22	1.66	1.69	1.57
EPS Growth	-36.69%	-14.75%	-26.51%	-1.77%	7.94%	-16.16%

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	Dec '21 Dec 31, 2021
Free Cash Flow	85.09	103.05	4.99	129.76	92.85	99.29
Free Cash Flow Per Share	1.26	1.54	0.07	2.22	1.86	1.99
Dividend Per Share	0.420	0.420	0.500	0.250	-	-
Dividend Growth	-16.00%	-16.00%	100.00%	-	-	-
Gross Margin	30.40%	31.38%	31.45%	31.45%	25.06%	26.97%
Operating Margin	9.04%	8.72%	8.80%	8.68%	9.96%	15.12%
Profit Margin	8.53%	11.86%	11.83%	15.91%	13.89%	11.15%
Free Cash Flow Margin	14.04%	17.60%	0.73%	21.30%	15.31%	14.14%
EBITDA	65.19	61.18	70.64	64.1	70.38	115.77
EBITDA Margin	10.75%	10.45%	10.29%	10.52%	11.60%	16.49%
D&A For EBITDA	10.42	10.1	10.21	11.22	9.96	9.62
EBIT	54.78	51.08	60.43	52.88	60.42	106.15
EBIT Margin	9.04%	8.72%	8.80%	8.68%	9.96%	15.12%
Effective Tax Rate	22.05%	17.37%	17.37%	13.51%	9.87%	12.90%
Revenue as Reported	585.48	585.48	686.81	609.21	606.62	-
Advertising Expenses	-	26.82	33.06	26.58	5.91	6.68