SHE:301339 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	Jan '22 Jan 1, 2022
Operating Revenue	1,068	895.51	741.61	597.13	593.46
Other Revenue	0.15	-	-	-	-
Revenue	1,068	895.51	741.61	597.13	593.46
Revenue Growth (YoY)	19.24%	20.75%	24.20%	0.62%	27.26%
Cost of Revenue	599.92	493.53	401.4	308.93	322.63
Gross Profit	467.87	401.98	340.21	288.2	270.83
Selling, General & Admin	184.7	167.14	152.03	147.42	123.66
Research & Development	76.23	60.29	52.23	47.28	36.1
Other Operating Expenses	5.88	4.93	2.27	2.19	0.58
Operating Expenses	273.69	242.89	211.64	201.45	162
Operating Income	194.18	159.09	128.57	86.75	108.83
Interest Expense	-0.91	-0.69	-0.96	-1.06	-1.01
Interest & Investment Income	102.1	110.06	116.48	106.84	107.96
Other Non Operating Income (Expenses)	-23.38	-19.47	-20.88	-14.29	-11.27
EBT Excluding Unusual Items	272	248.99	223.22	178.25	204.51
Gain (Loss) on Sale of Assets	0.46	-0.01	-0.01	0.09	-
Asset Writedown	-0	-	-	-	-0
Other Unusual Items	8.18	12.06	12.81	13.6	28.72
Pretax Income	280.64	261.05	236.02	191.94	233.23
Income Tax Expense	32.95	31.96	26.69	25.18	31.65
Earnings From Continuing Operations	247.69	229.09	209.33	166.76	201.58
Minority Interest in Earnings	-26.69	-19.4	-18.38	-16	-13.85
Net Income	221.01	209.69	190.96	150.76	187.73
Net Income to Common	221.01	209.69	190.96	150.76	187.73
Net Income Growth	5.39%	9.81%	26.66%	-19.69%	9.60%
Shares Outstanding (Basic)	580	570	570	507	486
Shares Outstanding (Diluted)	580	570	570	507	486
Shares Change (YoY)	1.82%	-0.00%	12.45%	4.30%	2.51%
EPS (Basic)	0.38	0.37	0.34	0.30	0.39
EPS (Diluted)	0.38	0.37	0.34	0.30	0.39
EPS Growth	3.50%	9.82%	12.64%	-23.01%	6.92%
Free Cash Flow	328.98	-17.16	128.75	-169.82	-41.17
Free Cash Flow Per Share	0.57	-0.03	0.23	-0.34	-0.09
Dividend Per Share	0.250	0.229	0.214	0.121	-
Dividend Growth	9.36%	6.67%	77.55%	-	-
Gross Margin	43.82%	44.89%	45.88%	48.26%	45.64%
Operating Margin	18.19%	17.77%	17.34%	14.53%	18.34%
Profit Margin	20.70%	23.42%	25.75%	25.25%	31.63%
Free Cash Flow Margin	30.81%	-1.92%	17.36%	-28.44%	-6.94%
EBITDA	253.25	207.13	160.2	98.5	125.25
EBITDA Margin	23.72%	23.13%	21.60%	16.50%	21.11%
D&A For EBITDA	59.06	48.03	31.63	11.75	16.42
EBIT	194.18	159.09	128.57	86.75	108.83
EBIT Margin	18.19%	17.77%	17.34%	14.53%	18.34%
Effective Tax Rate	11.74%	12.24%	11.31%	13.12%	13.57%
Revenue as Reported	1,068	895.51	741.61	597.13	593.46
Advertising Expenses	6	4.87	6	5.84	3.19

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