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	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	311.97	286.2	237.79	218.62	198.61	202.25
Other Revenue	4.31	3.74	0.98	1.44	1.83	1.15
Revenue	316.28	289.94	238.77	220.06	200.44	203.4
Revenue Growth	15.38%	21.43%	8.50%	9.79%	-1.46%	15.76%
Cost of Revenue	135.82	123.04	103.44	101.2	91.88	88.38
Gross Profit	180.46	166.9	135.33	118.86	108.56	115.02
Selling, General & Admin	62.96	56.97	49.63	46.79	34.02	32.37
Research & Development	28.3	28.27	24.07	21.37	15.65	12.88
Other Operating Expenses	-2.36	-6.05	-6.86	-4.37	-6.65	-4.91
Operating Expenses	89.44	79.53	67.21	64.07	43.22	40.05
Operating Income	91.02	87.37	68.12	54.8	65.34	74.98
Interest Expense	-0.03	-0.01	-	-	-	-
Interest & Investment Income	19.18	19.09	18.04	18.47	2.73	1.6
Currency Exchange Gain (Loss)	-2.2	0.2	0.08	0.13	-0.1	-0.14
Other Non Operating Income (Expenses)	-0.42	-0.09	0.42	0.46	-0.18	-0.06
EBT Excluding Unusual Items	107.54	106.57	86.65	73.86	67.79	76.38
Gain (Loss) on Sale of Investments	0.8	0.72	0.77	2.08	-	-
Gain (Loss) on Sale of Assets	-0.03	-0.02	-	-	-	-
Asset Writedown	-0	-0.02	-0.06	-0.13	-0.03	-0.48
Other Unusual Items	-0.1	1.11	2.86	7.29	0.42	2.73
Pretax Income	108.2	108.35	90.22	83.11	68.17	78.63
Income Tax Expense	12.9	11.88	10.5	9.94	8.22	10.5
Net Income	95.3	96.47	79.72	73.17	59.96	68.12
Net Income to Common	95.3	96.47	79.72	73.17	59.96	68.12
Net Income Growth	3.43%	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	0.59%	0.60%	-0.52%	29.79%	2.46%	2.49%
EPS (Basic)	0.82	0.83	0.69	0.63	0.67	0.78
EPS (Diluted)	0.82	0.83	0.69	0.63	0.67	0.78
EPS Growth	2.82%	20.29%	9.52%	-5.97%	-14.10%	9.86%

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	58.09	89.26	59.29	23.82	-11.19	22.32
Free Cash Flow Per Share	0.50	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	57.06%	57.56%	56.68%	54.01%	54.16%	56.55%
Operating Margin	28.78%	30.14%	28.53%	24.90%	32.60%	36.86%
Profit Margin	30.13%	33.27%	33.39%	33.25%	29.91%	33.49%
Free Cash Flow Margin	18.37%	30.79%	24.83%	10.82%	-5.58%	10.97%
EBITDA	103	99.31	80.26	64.79	69.16	78.55
EBITDA Margin	32.57%	34.25%	33.62%	29.44%	34.50%	38.62%
D&A For EBITDA	11.99	11.93	12.15	9.99	3.82	3.57
EBIT	91.02	87.37	68.12	54.8	65.34	74.98
EBIT Margin	28.78%	30.14%	28.53%	24.90%	32.60%	36.86%
Effective Tax Rate	11.92%	10.96%	11.64%	11.96%	12.05%	13.36%
Revenue as Reported	316.28	289.94	238.77	220.06	200.44	-
Advertising Expenses	-	3.34	2.99	2.21	1.21	1.29