SHE:301419 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	444.49	424.89	340.11	377.48	392.21	363.29
Other Revenue	12.04	12.04	11.09	9.76	6.28	8.92
Revenue	456.53	436.94	351.2	387.24	398.49	372.21
Revenue Growth (YoY)	24.82%	24.41%	-9.31%	-2.82%	7.06%	21.25%
Cost of Revenue	286.15	273.67	221.54	241.12	251.43	228.74
Gross Profit	170.38	163.26	129.66	146.12	147.06	143.47
Selling, General & Admin	57.3	58.21	57.52	59.27	37.04	32.86
Research & Development	34.73	35.21	33.75	36.35	26.68	27.07
Other Operating Expenses	5.09	4.44	3.51	4.26	2.39	0.73
Operating Expenses	98.56	99.41	95.57	96.78	67.91	61.02
Operating Income	71.83	63.85	34.09	49.34	79.14	82.45
Interest Expense	-0.2	-0.22	-0.35	-2.14	-7.77	-3.37
Interest & Investment Income	14.64	13.99	14.66	7.41	0.52	0.93
Currency Exchange Gain (Loss)	-7.81	-7.81	4.07	2.56	8.09	-1.97
Other Non Operating Income (Expenses)	-6.96	-0.44	-0.31	-0.35	-0.08	-0.14
EBT Excluding Unusual Items	71.51	69.38	52.15	56.82	79.91	77.91
Gain (Loss) on Sale of Assets	-0.2	-0.22	0.02	0.12	0.1	0.11
Asset Writedown	-0.84	-1.01	-0.31	-1.04	-0.02	-0.22
Other Unusual Items	1.39	1	1.57	5.01	1.06	0.18
Pretax Income	71.86	69.16	53.43	60.91	81.05	77.97
Income Tax Expense	7.34	6.77	8.95	5.43	6.99	7.86
Earnings From Continuing Operations	64.52	62.39	44.48	55.49	74.06	70.12
Minority Interest in Earnings	1.13	1.2	1.3	1.23	0.21	0.09
Net Income	65.65	63.6	45.78	56.71	74.27	70.2
Net Income to Common	65.65	63.6	45.78	56.71	74.27	70.2
Net Income Growth	26.98%	38.91%	-19.28%	-23.64%	5.79%	1.21%
Shares Outstanding (Basic)	150	150	150	144	112	113
Shares Outstanding (Diluted)	150	150	150	144	112	113
Shares Change (YoY)	-0.05%	-0.01%	4.34%	27.79%	-0.01%	-0.53%
EPS (Basic)	0.44	0.42	0.31	0.39	0.66	0.62
EPS (Diluted)	0.44	0.42	0.31	0.39	0.66	0.62
EPS Growth	27.04%	38.92%	-22.64%	-40.24%	5.80%	1.75%
Free Cash Flow	30.16	68.76	28.55	90.34	15.94	-8.79
Free Cash Flow Per Share	0.20	0.46	0.19	0.63	0.14	-0.08
Dividend Per Share	0.320	0.320	0.333	0.333	0.333	-
Dividend Growth	-3.99%	-3.99%	-	-	-	-
Gross Margin	37.32%	37.36%	36.92%	37.73%	36.90%	38.55%
Operating Margin	15.73%	14.61%	9.71%	12.74%	19.86%	22.15%
Profit Margin	14.38%	14.56%	13.04%	14.65%	18.64%	18.86%
Free Cash Flow Margin	6.61%	15.74%	8.13%	23.33%	4.00%	-2.36%
EBITDA	94.81	86.77	56.74	70.28	95.85	91.92
EBITDA Margin	20.77%	19.86%	16.16%	18.15%	24.05%	24.70%
D&A For EBITDA	22.99	22.92	22.65	20.94	16.71	9.47
EBIT	71.83	63.85	34.09	49.34	79.14	82.45
EBIT Margin	15.73%	14.61%	9.71%	12.74%	19.86%	22.15%
Effective Tax Rate	10.22%	9.78%	16.74%	8.91%	8.62%	10.08%
Revenue as Reported	456.53	436.94	351.2	387.24	398.49	372.21
Advertising Expenses	-	0.05	0.39	-	-	-