SHE:301315 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	Dec '21 Dec 31, 2021
Operating Revenue	185.34	290.53	311.43	305.49	275.09
Other Revenue	-	3.13	2.05	1.65	0.32
Revenue	185.34	293.66	313.47	307.14	275.41
Revenue Growth (YoY)	-36.89%	-6.32%	2.06%	11.52%	13.06%
Cost of Revenue	112.95	189.17	199.77	184.52	152.17
Gross Profit	72.39	104.49	113.71	122.61	123.24
Selling, General & Admin	38.57	44.78	47.84	35.33	38.23
Research & Development	20.46	24.35	26.61	23.35	20.69
Other Operating Expenses	-1.48	0.45	-3.39	0.15	0.19
Operating Expenses	57.55	73.13	74.35	60.3	59.35
Operating Income	14.84	31.36	39.36	62.31	63.89
Interest Expense	-	-0.01	-0.01	-0.01	-0.02
Interest & Investment Income	10.39	16.25	10.33	2.48	2.49
Currency Exchange Gain (Loss)	-	-0.65	-0.32	-0.42	-0.94
Other Non Operating Income (Expenses)	4.76	-0.87	0.03	-0.23	-0.18
EBT Excluding Unusual Items	29.99	46.08	49.38	64.14	65.23
Gain (Loss) on Sale of Investments	2.34	3.16	0.01	-	-
Gain (Loss) on Sale of Assets	0.07	0	0.03	0.02	-
Asset Writedown	-	-	-0.04	-	-
Other Unusual Items	-	5.72	9.85	4.91	6.19
Pretax Income	32.4	54.96	59.23	69.06	71.42
Income Tax Expense	1.97	3.2	0.96	7.53	8.9
Earnings From Continuing Operations	30.43	51.76	58.27	61.53	62.53
Minority Interest in Earnings	-1.54	-0.05	-	-	-
Net Income	28.9	51.71	58.27	61.53	62.53
Net Income to Common	28.9	51.71	58.27	61.53	62.53
Net Income Growth	-44.12%	-11.25%	-5.29%	-1.60%	3.60%
Shares Outstanding (Basic)	88	88	77	66	66
Shares Outstanding (Diluted)	88	88	77	66	66
Shares Change (YoY)	-0.01%	14.28%	16.39%	0.52%	-0.77%
EPS (Basic)	0.33	0.59	0.76	0.93	0.95
EPS (Diluted)	0.33	0.59	0.76	0.93	0.95
EPS Growth	-44.11%	-22.35%	-18.63%	-2.10%	4.40%
Free Cash Flow	64.18	32.31	31.35	50.72	31.95
Free Cash Flow Per Share	0.73	0.37	0.41	0.77	0.48
Dividend Per Share	-	0.400	0.350	-	0.300
Dividend Growth	-	14.29%	-	-	-25.00%
Gross Margin	39.06%	35.58%	36.27%	39.92%	44.75%
Operating Margin	8.00%	10.68%	12.56%	20.29%	23.20%
Profit Margin	15.59%	17.61%	18.59%	20.03%	22.70%
Free Cash Flow Margin	34.63%	11.00%	10.00%	16.51%	11.60%
EBITDA	22.27	38.41	46.59	69.39	70.37
EBITDA Margin	12.02%	13.08%	14.86%	22.59%	25.55%
D&A For EBITDA	7.43	7.05	7.23	7.09	6.48
EBIT	14.84	31.36	39.36	62.31	63.89
EBIT Margin	8.00%	10.68%	12.56%	20.29%	23.20%
Effective Tax Rate	6.08%	5.82%	1.62%	10.91%	12.46%
Revenue as Reported	-	293.66	313.47	307.14	275.41
Advertising Expenses	-	0.82	2.51	0.16	-

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