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	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	190.04	183.51	290.53	311.43	305.49	275.09
Other Revenue	1.14	1.83	3.13	2.05	1.65	0.32
Revenue	191.18	185.34	293.66	313.47	307.14	275.41
Revenue Growth	-25.29%	-36.89%	-6.32%	2.06%	11.52%	13.06%
Cost of Revenue	105.2	112.95	189.17	199.77	184.52	152.17
Gross Profit	85.98	72.39	104.49	113.71	122.61	123.24
Selling, General & Admin	45.27	38.57	44.78	47.84	35.33	38.23
Research & Development	27.86	20.46	24.35	26.61	23.35	20.69
Other Operating Expenses	-2.62	-1.47	0.45	-3.39	0.15	0.19
Operating Expenses	70.04	55.82	73.13	74.35	60.3	59.35
Operating Income	15.94	16.57	31.36	39.36	62.31	63.89
Interest Expense	-0.2	-0.14	-0.01	-0.01	-0.01	-0.02
Interest & Investment Income	14.9	12.52	16.25	10.33	2.48	2.49
Currency Exchange Gain (Loss)	-1.33	-0.25	-0.65	-0.32	-0.42	-0.94
Other Non Operating Income (Expenses)	-0.04	1.21	-0.87	0.03	-0.23	-0.18
EBT Excluding Unusual Items	29.26	29.91	46.08	49.38	64.14	65.23
Gain (Loss) on Sale of Investments	3.82	2.34	3.16	0.01	-	-
Gain (Loss) on Sale of Assets	-0	0.07	0	0.03	0.02	-
Asset Writedown	-0.01	-0.01	-	-0.04	-	-
Other Unusual Items	3.31	0.09	5.72	9.85	4.91	6.19
Pretax Income	36.39	32.4	54.96	59.23	69.06	71.42
Income Tax Expense	2.01	1.97	3.2	0.96	7.53	8.9
Earnings From Continuing Operations	34.37	30.43	51.76	58.27	61.53	62.53
Minority Interest in Earnings	-10.4	-1.54	-0.05	-	-	-
Net Income	23.98	28.9	51.71	58.27	61.53	62.53
Net Income to Common	23.98	28.9	51.71	58.27	61.53	62.53
Net Income Growth	-48.98%	-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)	0.27	0.33	0.59	0.76	0.93	0.95
EPS (Diluted)	0.27	0.33	0.59	0.76	0.93	0.95
EPS Growth	-48.96%	-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	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	58.54	64.18	32.31	31.35	50.72	31.95
Free Cash Flow Per Share	0.67	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	44.97%	39.06%	35.58%	36.27%	39.92%	44.75%
Operating Margin	8.34%	8.94%	10.68%	12.56%	20.29%	23.20%
Profit Margin	12.54%	15.59%	17.61%	18.59%	20.03%	22.70%
Free Cash Flow Margin	30.62%	34.63%	11.00%	10.00%	16.51%	11.60%
EBITDA	23.18	23.53	38.41	46.59	69.39	70.37
EBITDA Margin	12.12%	12.70%	13.08%	14.86%	22.59%	25.55%
D&A For EBITDA	7.24	6.97	7.05	7.23	7.09	6.48
EBIT	15.94	16.57	31.36	39.36	62.31	63.89
EBIT Margin	8.34%	8.94%	10.68%	12.56%	20.29%	23.20%
Effective Tax Rate	5.53%	6.08%	5.82%	1.62%	10.91%	12.46%
Revenue as Reported	191.18	185.34	293.66	313.47	307.14	275.41
Advertising Expenses	-	-	0.82	2.51	0.16	-