SHE:301353 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 2020
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,049	914.38	865.91	707.71	696.4	388.93
Other Revenue	16.1	16.15	6.07	5.43	7.24	2.88
Revenue	1,065	930.54	871.98	713.15	703.64	391.81
Revenue Growth	15.61%	6.71%	22.27%	1.35%	79.59%	32.87%
Cost of Revenue	787.66	680.09	624.72	498.3	481.88	265.41
Gross Profit	277.4	250.44	247.26	214.85	221.76	126.4
Selling, General & Admin	161.28	156.15	163.15	118.63	91.05	39.86
Research & Development	42.23	37.09	35.4	26.46	23.76	14.45
Other Operating Expenses	18.68	7.34	5.25	4.92	-7.79	1.68
Operating Expenses	225.11	201.47	204.46	151.86	106.26	56.53
Operating Income	52.29	48.97	42.79	62.99	115.51	69.87
Interest Expense	-3.23	-2.73	-2.83	-3.85	-6.47	-4.29
Interest & Investment Income	12.83	13.36	16.47	13.1	2.75	1.68
Currency Exchange Gain (Loss)	-8.96	2.14	3.28	4.69	10.45	-4.13
Other Non Operating Income (Expenses)	-0.84	-0.74	-0.86	0.47	-1	-0.45
EBT Excluding Unusual Items	52.09	61	58.86	77.4	121.24	62.68
Impairment of Goodwill	-	-	-2.06	-	-	-
Gain (Loss) on Sale of Investments	0.01	0.03	0.03	-	-8.78	0.75
Gain (Loss) on Sale of Assets	0	-0	0.21	0	-	5.75
Asset Writedown	-0.08	-0.08	-0.01	-0.1	-0.01	-0.01
Other Unusual Items	18.94	17.2	10.1	7.55	-	11.32
Pretax Income	70.97	78.15	67.13	84.85	112.45	80.49
Income Tax Expense	7.6	8.29	9.53	7.86	13.26	11.73
Earnings From Continuing Operations	63.37	69.86	57.59	76.99	99.19	68.76
Minority Interest in Earnings	1.65	2.9	5.41	1.63	-	-1.01
Net Income	65.01	72.76	63	78.62	99.19	67.75
Net Income to Common	65.01	72.76	63	78.62	99.19	67.75
Net Income Growth	-5.35%	15.49%	-19.87%	-20.74%	46.42%	83.08%
Shares Outstanding (Basic)	128	128	126	116	96	87
Shares Outstanding (Diluted)	128	128	126	116	96	87
Shares Change	1.23%	1.45%	9.05%	19.93%	10.23%	-
EPS (Basic)	0.51	0.57	0.50	0.68	1.03	0.78
EPS (Diluted)	0.51	0.57	0.50	0.68	1.03	0.78
EPS Growth	-6.50%	13.84%	-26.52%	-33.91%	32.83%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2020
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '20 Dec 31, 2020
Free Cash Flow	20.45	25.95	-51.82	-35.45	74.55	8.56
Free Cash Flow Per Share	0.16	0.20	-0.41	-0.31	0.77	0.10
Dividend Per Share	0.385	0.385	0.385	0.177	-	-
Dividend Growth	0%	0%	116.68%	-	-	-
Gross Margin	26.05%	26.91%	28.36%	30.13%	31.52%	32.26%
Operating Margin	4.91%	5.26%	4.91%	8.83%	16.41%	17.83%
Profit Margin	6.10%	7.82%	7.22%	11.03%	14.10%	17.29%
Free Cash Flow Margin	1.92%	2.79%	-5.94%	-4.97%	10.60%	2.18%
EBITDA	97.11	92.39	79.66	88.89	133.99	80.02
EBITDA Margin	9.12%	9.93%	9.14%	12.46%	19.04%	20.42%
D&A For EBITDA	44.82	43.42	36.87	25.91	18.48	10.16
EBIT	52.29	48.97	42.79	62.99	115.51	69.87
EBIT Margin	4.91%	5.26%	4.91%	8.83%	16.41%	17.83%
Effective Tax Rate	10.71%	10.60%	14.20%	9.26%	11.79%	14.57%
Revenue as Reported	1,065	930.54	871.98	713.15	-	391.81
Advertising Expenses	-	8.63	10.37	4.32	-	0.8