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	Sep '26 Sep 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	341.24	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	344.98	289.94	238.77	220.06	200.44	203.4
Revenue Growth	21.82%	21.43%	8.50%	9.79%	-1.46%	15.76%
Cost of Revenue	150.12	123.04	103.44	101.2	91.88	88.38
Gross Profit	194.86	166.9	135.33	118.86	108.56	115.02
Selling, General & Admin	66.24	56.97	49.63	46.79	34.02	32.37
Research & Development	29.01	28.27	24.07	21.37	15.65	12.88
Other Operating Expenses	1.97	-6.05	-6.86	-4.37	-6.65	-4.91
Operating Expenses	97	79.53	67.21	64.07	43.22	40.05
Operating Income	97.86	87.37	68.12	54.8	65.34	74.98
Interest Expense	-0.01	-0.01	-	-	-	-
Interest & Investment Income	12.45	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)	0.43	-0.09	0.42	0.46	-0.18	-0.06
EBT Excluding Unusual Items	110.93	106.57	86.65	73.86	67.79	76.38
Gain (Loss) on Sale of Investments	1.72	0.72	0.77	2.08	-	-
Gain (Loss) on Sale of Assets	-0.06	-0.02	-	-	-	-
Asset Writedown	-0.09	-0.02	-0.06	-0.13	-0.03	-0.48
Other Unusual Items	1.37	1.11	2.86	7.29	0.42	2.73
Pretax Income	113.86	108.35	90.22	83.11	68.17	78.63
Income Tax Expense	14.08	11.88	10.5	9.94	8.22	10.5
Net Income	99.78	96.47	79.72	73.17	59.96	68.12
Net Income to Common	99.78	96.47	79.72	73.17	59.96	68.12
Net Income Growth	0.99%	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)	0.86	0.83	0.69	0.63	0.67	0.78
EPS (Diluted)	0.86	0.83	0.69	0.63	0.67	0.78
EPS Growth	0.40%	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	Sep '26 Sep 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	61.76	89.26	59.29	23.82	-11.19	22.32
Free Cash Flow Per Share	0.53	0.77	0.51	0.20	-0.13	0.26
Dividend Per Share	0.110	0.190	0.138	0.070	0.050	-
Dividend Growth	-34.52%	37.68%	97.14%	40.00%	-	-
Gross Margin	56.48%	57.56%	56.68%	54.01%	54.16%	56.55%
Operating Margin	28.37%	30.14%	28.53%	24.90%	32.60%	36.86%
Profit Margin	28.92%	33.27%	33.39%	33.25%	29.91%	33.49%
Free Cash Flow Margin	17.90%	30.79%	24.83%	10.82%	-5.58%	10.97%
EBITDA	109.64	99.31	80.26	64.79	69.16	78.55
EBITDA Margin	31.78%	34.25%	33.62%	29.44%	34.50%	38.62%
D&A For EBITDA	11.77	11.93	12.15	9.99	3.82	3.57
EBIT	97.86	87.37	68.12	54.8	65.34	74.98
EBIT Margin	28.37%	30.14%	28.53%	24.90%	32.60%	36.86%
Effective Tax Rate	12.37%	10.96%	11.64%	11.96%	12.05%	13.36%
Revenue as Reported	86.94	289.94	238.77	220.06	200.44	-
Advertising Expenses	-	3.34	2.99	2.21	1.21	1.29