SHE:301556 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	500.83	510.58	488.9	459.45	375.17	332.1
Revenue	500.83	510.58	488.9	459.45	375.17	332.1
Revenue Growth (YoY)	-0.40%	4.44%	6.41%	22.47%	12.97%	25.10%
Cost of Revenue	248.26	260.03	239.01	210.64	164.07	154.27
Gross Profit	252.57	250.55	249.89	248.82	211.1	177.82
Selling, General & Admin	103.35	103.09	94.83	90.75	80.17	72.55
Research & Development	53.39	51.21	49.97	48.77	43.1	37.72
Other Operating Expenses	-14.23	-15.65	-3.05	-3.96	-1.96	-0.91
Operating Expenses	142.51	138.66	149.88	137.74	120.02	109.97
Operating Income	110.06	111.89	100.01	111.08	91.07	67.85
Interest Expense	-	-	-0.05	-0.08	-0.17	-0.18
Interest & Investment Income	-	-	15.49	11.13	10.19	8.46
Currency Exchange Gain (Loss)	-	-	0.07	-0.23	0.13	-0.07
Other Non Operating Income (Expenses)	11.82	7.73	2.31	-2.33	-0.93	-2.13
EBT Excluding Unusual Items	121.88	119.62	117.82	119.56	100.29	73.93
Gain (Loss) on Sale of Investments	-	-	0.29	0.64	-0.18	-0.32
Gain (Loss) on Sale of Assets	-	-	0	0.06	-	-
Asset Writedown	-0.19	-1.3	-0.66	-0.01	-0.01	-0.07
Other Unusual Items	-	-	20.51	8.33	4.45	6.87
Pretax Income	121.69	118.32	137.96	128.59	104.56	80.42
Income Tax Expense	14.29	11.91	14.5	13.58	11.87	7.9
Earnings From Continuing Operations	107.4	106.41	123.46	115.01	92.68	72.51
Net Income	107.4	106.41	123.46	115.01	92.68	72.51
Net Income to Common	107.4	106.41	123.46	115.01	92.68	72.51
Net Income Growth	-13.36%	-13.82%	7.35%	24.09%	27.82%	15.64%
Shares Outstanding (Basic)	86	85	67	64	64	64
Shares Outstanding (Diluted)	86	85	67	64	64	64
Shares Change (YoY)	18.44%	26.17%	5.59%	-0.10%	-	2.97%
EPS (Basic)	1.25	1.25	1.83	1.80	1.45	1.13
EPS (Diluted)	1.25	1.25	1.83	1.80	1.45	1.13
EPS Growth	-26.85%	-31.69%	1.67%	24.22%	28.24%	11.93%
Free Cash Flow	71.19	87.21	76.47	77.13	35.44	89.8
Free Cash Flow Per Share	0.83	1.02	1.13	1.21	0.55	1.40
Dividend Per Share	-	-	0.587	-	-	-
Gross Margin	50.43%	49.07%	51.11%	54.16%	56.27%	53.55%
Operating Margin	21.98%	21.91%	20.46%	24.18%	24.28%	20.43%
Profit Margin	21.44%	20.84%	25.25%	25.03%	24.70%	21.83%
Free Cash Flow Margin	14.21%	17.08%	15.64%	16.79%	9.45%	27.04%
EBITDA	120.8	121.59	105.54	115.6	95.38	72.13
EBITDA Margin	24.12%	23.81%	21.59%	25.16%	25.42%	21.72%
D&A For EBITDA	10.74	9.7	5.53	4.52	4.3	4.28
EBIT	110.06	111.89	100.01	111.08	91.07	67.85
EBIT Margin	21.98%	21.91%	20.46%	24.18%	24.28%	20.43%
Effective Tax Rate	11.74%	10.07%	10.51%	10.56%	11.36%	9.83%
Revenue as Reported	-	-	488.9	459.45	375.17	332.1
Advertising Expenses	-	-	3.95	2.93	1.88	1.93

Source: S&P Global Market Intelligence. Standard template. Financial Sources.