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	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	468.95	424.89	340.11	377.48	392.21	363.29
Other Revenue	9.91	12.04	11.09	9.76	6.28	8.92
Revenue	478.86	436.94	351.2	387.24	398.49	372.21
Revenue Growth	20.08%	24.41%	-9.31%	-2.82%	7.06%	21.25%
Cost of Revenue	303.61	273.67	221.54	241.12	251.43	228.74
Gross Profit	175.25	163.26	129.66	146.12	147.06	143.47
Selling, General & Admin	59.81	58.21	57.52	59.27	37.04	32.86
Research & Development	34.98	35.21	33.75	36.35	26.68	27.07
Other Operating Expenses	5.25	4.44	3.51	4.26	2.39	0.73
Operating Expenses	101.42	99.41	95.57	96.78	67.91	61.02
Operating Income	73.83	63.85	34.09	49.34	79.14	82.45
Interest Expense	-0.24	-0.22	-0.35	-2.14	-7.77	-3.37
Interest & Investment Income	13.33	13.99	14.66	7.41	0.52	0.93
Currency Exchange Gain (Loss)	-19.7	-7.81	4.07	2.56	8.09	-1.97
Other Non Operating Income (Expenses)	-0.15	-0.44	-0.31	-0.35	-0.08	-0.14
EBT Excluding Unusual Items	67.07	69.38	52.15	56.82	79.91	77.91
Gain (Loss) on Sale of Assets	-0.07	-0.22	0.02	0.12	0.1	0.11
Asset Writedown	-1.01	-1.01	-0.31	-1.04	-0.02	-0.22
Other Unusual Items	0.88	1	1.57	5.01	1.06	0.18
Pretax Income	66.88	69.16	53.43	60.91	81.05	77.97
Income Tax Expense	8.94	6.77	8.95	5.43	6.99	7.86
Earnings From Continuing Operations	57.94	62.39	44.48	55.49	74.06	70.12
Minority Interest in Earnings	1.28	1.2	1.3	1.23	0.21	0.09
Net Income	59.22	63.6	45.78	56.71	74.27	70.2
Net Income to Common	59.22	63.6	45.78	56.71	74.27	70.2
Net Income Growth	-4.93%	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	0.00%	-0.01%	4.34%	27.79%	-0.01%	-0.53%
EPS (Basic)	0.39	0.42	0.31	0.39	0.66	0.62
EPS (Diluted)	0.39	0.42	0.31	0.39	0.66	0.62
EPS Growth	-4.93%	38.92%	-22.64%	-40.24%	5.80%	1.75%

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	-2.3	68.76	28.55	90.34	15.94	-8.79
Free Cash Flow Per Share	-0.01	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%	0%	0%	-	-
Gross Margin	36.60%	37.36%	36.92%	37.73%	36.90%	38.55%
Operating Margin	15.42%	14.61%	9.71%	12.74%	19.86%	22.15%
Profit Margin	12.37%	14.56%	13.04%	14.65%	18.64%	18.86%
Free Cash Flow Margin	-0.48%	15.74%	8.13%	23.33%	4.00%	-2.36%
EBITDA	95.26	86.77	56.74	70.28	95.85	91.92
EBITDA Margin	19.89%	19.86%	16.16%	18.15%	24.05%	24.70%
D&A For EBITDA	21.43	22.92	22.65	20.94	16.71	9.47
EBIT	73.83	63.85	34.09	49.34	79.14	82.45
EBIT Margin	15.42%	14.61%	9.71%	12.74%	19.86%	22.15%
Effective Tax Rate	13.37%	9.78%	16.74%	8.91%	8.62%	10.08%
Revenue as Reported	478.86	436.94	351.2	387.24	398.49	372.21
Advertising Expenses	-	0.05	0.39	-	-	-