SHE:301421 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	466.1	434.31	401.77	357.1	337.25	305.04
Other Revenue	18.34	30.26	14.11	6.7	4.66	4.38
Revenue	484.43	464.57	415.88	363.8	341.91	309.42
Revenue Growth	7.75%	11.71%	14.31%	6.40%	10.50%	16.10%
Cost of Revenue	328.91	326.96	286.4	228.04	216.29	196.63
Gross Profit	155.52	137.61	129.48	135.76	125.63	112.79
Selling, General & Admin	87.07	84.21	69.93	59.83	38.41	36.58
Research & Development	31.69	29.56	27.87	21.58	20.01	16.85
Other Operating Expenses	1.31	0.86	0.17	1.9	1.59	1.6
Operating Expenses	120.22	114.73	99.91	84.12	61.87	55.12
Operating Income	35.3	22.88	29.57	51.63	63.76	57.67
Interest Expense	-	-0.15	-0.14	-1.39	-0.02	-0.01
Interest & Investment Income	9.62	8.63	12.28	9.05	0.2	0.72
Currency Exchange Gain (Loss)	-0.89	-0.89	0.7	0.5	0.61	-0.27
Other Non Operating Income (Expenses)	-1.59	-0.96	-0.88	-0.42	-0.47	-0.34
EBT Excluding Unusual Items	42.44	29.51	41.54	59.39	64.08	57.77
Impairment of Goodwill	-	-	-	-1.55	-	-
Gain (Loss) on Sale of Investments	2.02	2.73	2.3	0	-0.04	-
Gain (Loss) on Sale of Assets	-0.17	-0.23	0.29	-0.04	0.09	0.02
Legal Settlements	-	-	0.01	-	-	-0.03
Other Unusual Items	2.25	1.07	1.67	1.66	6.4	2.16
Pretax Income	46.54	33.08	45.81	59.45	70.52	59.91
Income Tax Expense	-3.57	-2.42	8.98	7.37	9.74	5.47
Earnings From Continuing Operations	50.1	35.49	36.83	52.08	60.78	54.45
Minority Interest in Earnings	-	-	0.13	2.05	0.7	-0.01
Net Income	50.1	35.49	36.96	54.13	61.48	54.43
Net Income to Common	50.1	35.49	36.96	54.13	61.48	54.43
Net Income Growth	123.69%	-3.97%	-31.72%	-11.96%	12.95%	23.56%
Shares Outstanding (Basic)	113	114	115	97	88	86
Shares Outstanding (Diluted)	113	114	115	97	88	86
Shares Change	-3.71%	-0.87%	19.50%	10.04%	1.66%	0.03%
EPS (Basic)	0.44	0.31	0.32	0.56	0.70	0.63
EPS (Diluted)	0.44	0.31	0.32	0.56	0.70	0.63
EPS Growth	132.31%	-3.13%	-42.86%	-20.00%	11.11%	23.53%

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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-10.61	-61.33	-113.73	-48.64	-47.63	23.77
Free Cash Flow Per Share	-0.09	-0.54	-0.98	-0.50	-0.54	0.28
Dividend Per Share	0.200	0.150	0.100	0.300	-	-
Dividend Growth	150.00%	50.00%	-66.67%	-	-	-
Gross Margin	32.10%	29.62%	31.14%	37.32%	36.74%	36.45%
Operating Margin	7.29%	4.93%	7.11%	14.19%	18.65%	18.64%
Profit Margin	10.34%	7.64%	8.89%	14.88%	17.98%	17.59%
Free Cash Flow Margin	-2.19%	-13.20%	-27.35%	-13.37%	-13.93%	7.68%
EBITDA	73.12	58.09	58.78	71.96	79.1	70.54
EBITDA Margin	15.09%	12.50%	14.13%	19.78%	23.14%	22.80%
D&A For EBITDA	37.81	35.2	29.22	20.33	15.34	12.87
EBIT	35.3	22.88	29.57	51.63	63.76	57.67
EBIT Margin	7.29%	4.93%	7.11%	14.19%	18.65%	18.64%
Effective Tax Rate	-	-	19.61%	12.40%	13.82%	9.13%
Revenue as Reported	484.43	464.57	415.88	363.8	341.91	309.42
Advertising Expenses	-	3.16	2.02	2.16	0.76	0.96