SHE:301361 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	289.94	237.79	218.62	198.61	202.25
Other Revenue	-	0.98	1.44	1.83	1.15
Revenue	289.94	238.77	220.06	200.44	203.4
Revenue Growth (YoY)	21.43%	8.50%	9.79%	-1.46%	15.76%
Cost of Revenue	122.04	103.44	101.2	91.88	88.38
Gross Profit	167.9	135.33	118.86	108.56	115.02
Selling, General & Admin	56.97	49.63	46.79	34.02	32.37
Research & Development	28.27	24.07	21.37	15.65	12.88
Other Operating Expenses	-7.06	-6.86	-4.37	-6.65	-4.91
Operating Expenses	78.18	67.21	64.07	43.22	40.05
Operating Income	89.72	68.12	54.8	65.34	74.98
Interest & Investment Income	10.27	18.04	18.47	2.73	1.6
Currency Exchange Gain (Loss)	-	0.08	0.13	-0.1	-0.14
Other Non Operating Income (Expenses)	8.66	-0.11	0.46	-0.18	-0.06
EBT Excluding Unusual Items	108.65	86.12	73.86	67.79	76.38
Gain (Loss) on Sale of Investments	0.72	0.77	2.08	-	-
Gain (Loss) on Sale of Assets	-0.02	-	-	-	-
Asset Writedown	-0.99	-0.03	-0.13	-0.03	-0.48
Other Unusual Items	-	3.36	7.29	0.42	2.73
Pretax Income	108.35	90.22	83.11	68.17	78.63
Income Tax Expense	11.88	10.5	9.94	8.22	10.5
Net Income	96.47	79.72	73.17	59.96	68.12
Net Income to Common	96.47	79.72	73.17	59.96	68.12
Net Income Growth	21.02%	8.95%	22.04%	-11.99%	12.59%
Shares Outstanding (Basic)	116	116	116	89	87
Shares Outstanding (Diluted)	116	116	116	89	87
Shares Change (YoY)	0.60%	-0.52%	29.79%	2.46%	2.49%
EPS (Basic)	0.83	0.69	0.63	0.67	0.78
EPS (Diluted)	0.83	0.69	0.63	0.67	0.78
EPS Growth	20.29%	9.52%	-5.97%	-14.10%	9.86%
Free Cash Flow	89.26	59.29	23.82	-11.19	22.32
Free Cash Flow Per Share	0.77	0.51	0.20	-0.13	0.26
Dividend Per Share	-	0.138	0.070	0.050	-
Dividend Growth	-	97.14%	40.00%	-	-
Gross Margin	57.91%	56.68%	54.01%	54.16%	56.55%
Operating Margin	30.94%	28.53%	24.90%	32.60%	36.86%
Profit Margin	33.27%	33.39%	33.25%	29.91%	33.49%
Free Cash Flow Margin	30.79%	24.83%	10.82%	-5.58%	10.97%
EBITDA	101.89	79.98	64.79	69.16	78.55
EBITDA Margin	35.14%	33.50%	29.44%	34.50%	38.62%
D&A For EBITDA	12.17	11.86	9.99	3.82	3.57
EBIT	89.72	68.12	54.8	65.34	74.98
EBIT Margin	30.94%	28.53%	24.90%	32.60%	36.86%
Effective Tax Rate	10.96%	11.64%	11.96%	12.05%	13.36%
Revenue as Reported	-	238.77	220.06	200.44	-
Advertising Expenses	-	2.99	2.21	1.21	1.29

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