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	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	Jan '22 Jan 1, 2022
Operating Revenue	563.7	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	563.93	500.28	478.9	465.9	401.24	409.19
Revenue Growth	14.82%	4.46%	2.79%	16.11%	-1.94%	16.85%
Cost of Revenue	305.8	275.53	265.05	274.54	249.6	265.98
Gross Profit	258.13	224.75	213.85	191.36	151.64	143.21
Selling, General & Admin	62.99	52.81	50.45	45.69	37.22	33.33
Research & Development	34.19	29.77	25.38	24.07	15.7	13.73
Other Operating Expenses	11.04	3.96	2.5	2.11	3.18	3.78
Operating Expenses	108.03	86.35	79	72.08	56.07	51
Operating Income	150.1	138.39	134.85	119.28	95.57	92.21
Interest Expense	-1.07	-1.07	-0.73	-1.17	-0.32	-0.31
Interest & Investment Income	24.42	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)	-8.63	-0.41	-0.17	-0.24	-0.19	-0.28
EBT Excluding Unusual Items	160.98	158.73	162.89	145.3	105.22	94.06
Gain (Loss) on Sale of Investments	-0.24	-0.47	-0.1	0.77	-	-15.98
Gain (Loss) on Sale of Assets	0.36	0.07	0.04	0.06	0.03	-
Asset Writedown	-0.07	0.02	0.02	-0.22	-0.68	-0.12
Other Unusual Items	5.31	5.31	1.96	4.31	4.3	3.34
Pretax Income	166.34	163.66	164.81	150.23	108.87	81.29
Income Tax Expense	23.54	26.28	29.8	25.23	17.8	13.26
Earnings From Continuing Operations	142.8	137.38	135.01	125	91.07	68.03
Minority Interest in Earnings	-2.9	-0.13	-0.12	-0.12	-0.08	-0.49
Net Income	139.9	137.24	134.89	124.87	90.99	67.54
Net Income to Common	139.9	137.24	134.89	124.87	90.99	67.54
Net Income Growth	0.72%	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	-0.82%	-0.65%	2.79%	30.26%	-0.17%	0.18%
EPS (Basic)	1.30	1.27	1.24	1.18	1.12	0.83
EPS (Diluted)	1.30	1.27	1.24	1.18	1.12	0.83
EPS Growth	1.56%	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	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	Jan '22 Jan 1, 2022
Free Cash Flow	22.57	7.95	40.8	-83.08	49.09	73.9
Free Cash Flow Per Share	0.21	0.07	0.38	-0.79	0.60	0.91
Dividend Per Share	0.500	0.500	0.500	0.600	0.300	-
Dividend Growth	0%	0%	-16.67%	100.00%	-	-
Gross Margin	45.77%	44.92%	44.65%	41.07%	37.79%	35.00%
Operating Margin	26.62%	27.66%	28.16%	25.60%	23.82%	22.54%
Profit Margin	24.81%	27.43%	28.17%	26.80%	22.68%	16.51%
Free Cash Flow Margin	4.00%	1.59%	8.52%	-17.83%	12.23%	18.06%
EBITDA	185.92	167.5	153.83	129	105.45	101.79
EBITDA Margin	32.97%	33.48%	32.12%	27.69%	26.28%	24.88%
D&A For EBITDA	35.81	29.11	18.98	9.72	9.88	9.57
EBIT	150.1	138.39	134.85	119.28	95.57	92.21
EBIT Margin	26.62%	27.66%	28.16%	25.60%	23.82%	22.54%
Effective Tax Rate	14.15%	16.06%	18.08%	16.80%	16.35%	16.31%
Revenue as Reported	500.28	500.28	478.9	465.9	401.24	409.19
Advertising Expenses	-	1.38	1.18	1.11	0.42	0.71