SHE:301373 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	Jan '22 Jan 1, 2022
Operating Revenue	577.25	500.04	478.8	465.55	400.72	408.7
Other Revenue	0.23	0.23	0.1	0.35	0.52	0.49
Revenue	577.48	500.28	478.9	465.9	401.24	409.19
Revenue Growth	15.03%	4.46%	2.79%	16.11%	-1.94%	16.85%
Cost of Revenue	316.83	275.53	265.05	274.54	249.6	265.98
Gross Profit	260.66	224.75	213.85	191.36	151.64	143.21
Selling, General & Admin	66.66	52.81	50.45	45.69	37.22	33.33
Research & Development	36.13	29.77	25.38	24.07	15.7	13.73
Other Operating Expenses	11.42	3.96	2.5	2.11	3.18	3.78
Operating Expenses	113.19	86.35	79	72.08	56.07	51
Operating Income	147.47	138.39	134.85	119.28	95.57	92.21
Interest Expense	-0.33	-1.07	-0.73	-1.17	-0.32	-0.31
Interest & Investment Income	14.1	25.65	27.34	26.67	7.47	2.5
Currency Exchange Gain (Loss)	-3.84	-3.84	1.6	0.76	2.69	-0.06
Other Non Operating Income (Expenses)	-1.26	-0.41	-0.17	-0.24	-0.19	-0.28
EBT Excluding Unusual Items	156.14	158.73	162.89	145.3	105.22	94.06
Gain (Loss) on Sale of Investments	-0.2	-0.47	-0.1	0.77	-	-15.98
Gain (Loss) on Sale of Assets	0.35	0.07	0.04	0.06	0.03	-
Asset Writedown	-0.43	0.02	0.02	-0.22	-0.68	-0.12
Other Unusual Items	4.53	5.31	1.96	4.31	4.3	3.34
Pretax Income	160.39	163.66	164.81	150.23	108.87	81.29
Income Tax Expense	21.61	26.28	29.8	25.23	17.8	13.26
Earnings From Continuing Operations	138.78	137.38	135.01	125	91.07	68.03
Minority Interest in Earnings	-3.88	-0.13	-0.12	-0.12	-0.08	-0.49
Net Income	134.9	137.24	134.89	124.87	90.99	67.54
Net Income to Common	134.9	137.24	134.89	124.87	90.99	67.54
Net Income Growth	-5.44%	1.75%	8.02%	37.24%	34.71%	-15.15%
Shares Outstanding (Basic)	108	108	109	106	81	81
Shares Outstanding (Diluted)	108	108	109	106	81	81
Shares Change	-0.91%	-0.65%	2.79%	30.26%	-0.17%	0.18%
EPS (Basic)	1.25	1.27	1.24	1.18	1.12	0.83
EPS (Diluted)	1.25	1.27	1.24	1.18	1.12	0.83
EPS Growth	-4.57%	2.42%	5.08%	5.36%	34.94%	-15.31%

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	Jan '22 Jan 1, 2022
Free Cash Flow	3.67	7.95	40.8	-83.08	49.09	73.9
Free Cash Flow Per Share	0.03	0.07	0.38	-0.79	0.60	0.91
Dividend Per Share	0.300	0.500	0.500	0.600	0.300	-
Dividend Growth	-57.14%	0%	-16.67%	100.00%	-	-
Gross Margin	45.14%	44.92%	44.65%	41.07%	37.79%	35.00%
Operating Margin	25.54%	27.66%	28.16%	25.60%	23.82%	22.54%
Profit Margin	23.36%	27.43%	28.17%	26.80%	22.68%	16.51%
Free Cash Flow Margin	0.64%	1.59%	8.52%	-17.83%	12.23%	18.06%
EBITDA	184.17	167.5	153.83	129	105.45	101.79
EBITDA Margin	31.89%	33.48%	32.12%	27.69%	26.28%	24.88%
D&A For EBITDA	36.7	29.11	18.98	9.72	9.88	9.57
EBIT	147.47	138.39	134.85	119.28	95.57	92.21
EBIT Margin	25.54%	27.66%	28.16%	25.60%	23.82%	22.54%
Effective Tax Rate	13.47%	16.06%	18.08%	16.80%	16.35%	16.31%
Revenue as Reported	132.13	500.28	478.9	465.9	401.24	409.19
Advertising Expenses	-	1.38	1.18	1.11	0.42	0.71