SHE:301290 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	399.78	387.49	430.47	430.5	440.73	442.57
Other Revenue	-	-	4.99	3.23	1.37	3.93
Revenue	399.78	387.49	435.46	433.73	442.1	446.5
Revenue Growth (YoY)	-5.23%	-11.02%	0.40%	-1.89%	-0.98%	19.25%
Cost of Revenue	200.77	199.21	221.08	225.86	210.6	195.33
Gross Profit	199	188.28	214.38	207.88	231.5	251.17
Selling, General & Admin	111.96	110.31	112.72	106.62	93.08	104.58
Research & Development	21.38	20.97	22.43	27.11	24.21	20.67
Other Operating Expenses	3.2	2.92	5.18	2.65	4.39	3.14
Operating Expenses	136.53	134.2	140.77	135.94	124.56	128.17
Operating Income	62.47	54.08	73.6	71.94	106.94	123
Interest Expense	-	-	-0.34	-0.06	-0.13	-0.11
Interest & Investment Income	25.26	25.12	39.4	16.25	5.28	2.4
Currency Exchange Gain (Loss)	-	-	-0.14	-0.02	0.49	-0.1
Other Non Operating Income (Expenses)	-3.97	-1.76	-0.1	-0.05	-0.28	-0.34
EBT Excluding Unusual Items	83.75	77.44	112.42	88.05	112.3	124.85
Gain (Loss) on Sale of Investments	3.69	3.01	-7	13.69	0.5	-
Gain (Loss) on Sale of Assets	-0.03	-0.03	-0.09	-0.59	-0.43	-0.25
Asset Writedown	-108.01	-107.99	-	-	-	-
Other Unusual Items	-	-	9.73	15.91	7.44	5.33
Pretax Income	-20.59	-27.58	115.06	117.06	119.82	129.93
Income Tax Expense	13.46	12.32	18.17	17.18	16.1	18.86
Earnings From Continuing Operations	-34.05	-39.9	96.89	99.88	103.72	111.07
Minority Interest in Earnings	1.96	1.96	0.53	-2.66	-1.21	-0.82
Net Income	-32.09	-37.94	97.42	97.22	102.51	110.25
Net Income to Common	-32.09	-37.94	97.42	97.22	102.51	110.25
Net Income Growth	-	-	0.21%	-5.15%	-7.03%	38.33%
Shares Outstanding (Basic)	100	100	99	100	77	75
Shares Outstanding (Diluted)	100	100	99	100	77	75
Shares Change (YoY)	-0.09%	0.43%	-0.81%	30.05%	2.76%	10.45%
EPS (Basic)	-0.32	-0.38	0.98	0.97	1.33	1.47
EPS (Diluted)	-0.32	-0.38	0.98	0.97	1.33	1.47
EPS Growth	-	-	1.03%	-27.07%	-9.52%	25.64%
Free Cash Flow	43.23	38.03	10.54	51.68	20.28	67.78
Free Cash Flow Per Share	0.43	0.38	0.11	0.52	0.26	0.90
Dividend Per Share	-	-	0.600	0.600	0.500	-
Dividend Growth	-	-	-	20.00%	-	-
Gross Margin	49.78%	48.59%	49.23%	47.93%	52.36%	56.25%
Operating Margin	15.63%	13.96%	16.90%	16.59%	24.19%	27.55%
Profit Margin	-8.03%	-9.79%	22.37%	22.41%	23.19%	24.69%
Free Cash Flow Margin	10.81%	9.81%	2.42%	11.91%	4.59%	15.18%
EBITDA	103.96	95.61	115.31	109.58	141.18	150.64
EBITDA Margin	26.00%	24.68%	26.48%	25.26%	31.93%	33.74%
D&A For EBITDA	41.49	41.54	41.71	37.64	34.24	27.64
EBIT	62.47	54.08	73.6	71.94	106.94	123
EBIT Margin	15.63%	13.96%	16.90%	16.59%	24.19%	27.55%
Effective Tax Rate	-	-	15.79%	14.68%	13.44%	14.52%
Revenue as Reported	-	-	435.46	433.73	442.1	446.5
Advertising Expenses	-	-	2.07	1.87	1.34	2.48

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