SHE:301361 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	Mar '26 Mar 31, 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	300.98	286.2	237.79	218.62	198.61	202.25
Other Revenue	3.74	3.74	0.98	1.44	1.83	1.15
Revenue	304.72	289.94	238.77	220.06	200.44	203.4
Revenue Growth (YoY)	20.41%	21.43%	8.50%	9.79%	-1.46%	15.76%
Cost of Revenue	128.9	123.04	103.44	101.2	91.88	88.38
Gross Profit	175.82	166.9	135.33	118.86	108.56	115.02
Selling, General & Admin	59.82	56.97	49.63	46.79	34.02	32.37
Research & Development	28.72	28.27	24.07	21.37	15.65	12.88
Other Operating Expenses	-6.07	-6.05	-6.86	-4.37	-6.65	-4.91
Operating Expenses	83.25	79.53	67.21	64.07	43.22	40.05
Operating Income	92.57	87.37	68.12	54.8	65.34	74.98
Interest Expense	-0.02	-0.01	-	-	-	-
Interest & Investment Income	18.91	19.09	18.04	18.47	2.73	1.6
Currency Exchange Gain (Loss)	0.2	0.2	0.08	0.13	-0.1	-0.14
Other Non Operating Income (Expenses)	-1.63	-0.09	0.42	0.46	-0.18	-0.06
EBT Excluding Unusual Items	110.04	106.57	86.65	73.86	67.79	76.38
Gain (Loss) on Sale of Investments	0.81	0.72	0.77	2.08	-	-
Gain (Loss) on Sale of Assets	-0.01	-0.02	-	-	-	-
Asset Writedown	-0.14	-0.02	-0.06	-0.13	-0.03	-0.48
Other Unusual Items	1.11	1.11	2.86	7.29	0.42	2.73
Pretax Income	111.8	108.35	90.22	83.11	68.17	78.63
Income Tax Expense	13.64	11.88	10.5	9.94	8.22	10.5
Net Income	98.17	96.47	79.72	73.17	59.96	68.12
Net Income to Common	98.17	96.47	79.72	73.17	59.96	68.12
Net Income Growth	14.31%	21.02%	8.95%	22.04%	-11.99%	12.59%
Shares Outstanding (Basic)	116	116	116	116	89	87
Shares Outstanding (Diluted)	116	116	116	116	89	87
Shares Change (YoY)	0.62%	0.60%	-0.52%	29.79%	2.46%	2.49%
EPS (Basic)	0.84	0.83	0.69	0.63	0.67	0.78
EPS (Diluted)	0.84	0.83	0.69	0.63	0.67	0.78
EPS Growth	13.60%	20.29%	9.52%	-5.97%	-14.10%	9.86%
Free Cash Flow	76.02	89.26	59.29	23.82	-11.19	22.32
Free Cash Flow Per Share	0.65	0.77	0.51	0.20	-0.13	0.26
Dividend Per Share	0.190	0.190	0.138	0.070	0.050	-
Dividend Growth	37.68%	37.68%	97.14%	40.00%	-	-
Gross Margin	57.70%	57.56%	56.68%	54.01%	54.16%	56.55%
Operating Margin	30.38%	30.14%	28.53%	24.90%	32.60%	36.86%
Profit Margin	32.22%	33.27%	33.39%	33.25%	29.91%	33.49%
Free Cash Flow Margin	24.95%	30.79%	24.83%	10.82%	-5.58%	10.97%
EBITDA	104.45	99.31	80.26	64.79	69.16	78.55
EBITDA Margin	34.28%	34.25%	33.62%	29.44%	34.50%	38.62%
D&A For EBITDA	11.88	11.93	12.15	9.99	3.82	3.57
EBIT	92.57	87.37	68.12	54.8	65.34	74.98
EBIT Margin	30.38%	30.14%	28.53%	24.90%	32.60%	36.86%
Effective Tax Rate	12.20%	10.96%	11.64%	11.96%	12.05%	13.36%
Revenue as Reported	304.72	289.94	238.77	220.06	200.44	-
Advertising Expenses	-	3.34	2.99	2.21	1.21	1.29