SHE:301315 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	Sep '26 Sep 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	199.27	183.51	290.53	311.43	305.49	275.09
Other Revenue	1.83	1.83	3.13	2.05	1.65	0.32
Revenue	201.1	185.34	293.66	313.47	307.14	275.41
Revenue Growth	-14.64%	-36.89%	-6.32%	2.06%	11.52%	13.06%
Cost of Revenue	109.69	112.95	189.17	199.77	184.52	152.17
Gross Profit	91.41	72.39	104.49	113.71	122.61	123.24
Selling, General & Admin	49.11	38.57	44.78	47.84	35.33	38.23
Research & Development	31.59	20.46	24.35	26.61	23.35	20.69
Other Operating Expenses	-7.32	-1.47	0.45	-3.39	0.15	0.19
Operating Expenses	75.3	55.82	73.13	74.35	60.3	59.35
Operating Income	16.11	16.57	31.36	39.36	62.31	63.89
Interest Expense	-0.24	-0.14	-0.01	-0.01	-0.01	-0.02
Interest & Investment Income	13.1	12.52	16.25	10.33	2.48	2.49
Currency Exchange Gain (Loss)	-0.25	-0.25	-0.65	-0.32	-0.42	-0.94
Other Non Operating Income (Expenses)	0.74	1.21	-0.87	0.03	-0.23	-0.18
EBT Excluding Unusual Items	29.46	29.91	46.08	49.38	64.14	65.23
Gain (Loss) on Sale of Investments	1.86	2.34	3.16	0.01	-	-
Gain (Loss) on Sale of Assets	0.01	0.07	0	0.03	0.02	-
Asset Writedown	-0.01	-0.01	-	-0.04	-	-
Other Unusual Items	0.02	0.09	5.72	9.85	4.91	6.19
Pretax Income	31.34	32.4	54.96	59.23	69.06	71.42
Income Tax Expense	1.48	1.97	3.2	0.96	7.53	8.9
Earnings From Continuing Operations	29.86	30.43	51.76	58.27	61.53	62.53
Minority Interest in Earnings	-10.73	-1.54	-0.05	-	-	-
Net Income	19.12	28.9	51.71	58.27	61.53	62.53
Net Income to Common	19.12	28.9	51.71	58.27	61.53	62.53
Net Income Growth	-55.76%	-44.12%	-11.25%	-5.29%	-1.60%	3.60%
Shares Outstanding (Basic)	88	88	88	77	66	66
Shares Outstanding (Diluted)	88	88	88	77	66	66
Shares Change	0.03%	-0.01%	14.28%	16.39%	0.52%	-0.77%
EPS (Basic)	0.22	0.33	0.59	0.76	0.93	0.95
EPS (Diluted)	0.22	0.33	0.59	0.76	0.93	0.95
EPS Growth	-55.77%	-44.11%	-22.35%	-18.63%	-2.10%	4.40%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 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	38.39	64.18	32.31	31.35	50.72	31.95
Free Cash Flow Per Share	0.44	0.73	0.37	0.41	0.77	0.48
Dividend Per Share	0.300	0.300	0.400	0.350	-	0.300
Dividend Growth	-25.00%	-25.00%	14.29%	-	-	-25.00%
Gross Margin	45.46%	39.06%	35.58%	36.27%	39.92%	44.75%
Operating Margin	8.01%	8.94%	10.68%	12.56%	20.29%	23.20%
Profit Margin	9.51%	15.59%	17.61%	18.59%	20.03%	22.70%
Free Cash Flow Margin	19.09%	34.63%	11.00%	10.00%	16.51%	11.60%
EBITDA	23.02	23.53	38.41	46.59	69.39	70.37
EBITDA Margin	11.45%	12.70%	13.08%	14.86%	22.59%	25.55%
D&A For EBITDA	6.91	6.97	7.05	7.23	7.09	6.48
EBIT	16.11	16.57	31.36	39.36	62.31	63.89
EBIT Margin	8.01%	8.94%	10.68%	12.56%	20.29%	23.20%
Effective Tax Rate	4.72%	6.08%	5.82%	1.62%	10.91%	12.46%
Revenue as Reported	201.1	185.34	293.66	313.47	307.14	275.41
Advertising Expenses	-	-	0.82	2.51	0.16	-