SHE:301687 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	702.02	656.95	515.94	455.13	495.97
Other Revenue	0.22	0.22	0.21	0.13	0.13
Revenue	702.24	657.17	516.14	455.26	496.1
Revenue Growth (YoY)	6.86%	27.32%	13.37%	-8.23%	21.10%
Cost of Revenue	488.06	456.18	353.48	311.86	336.82
Gross Profit	214.18	200.99	162.66	143.4	159.28
Selling, General & Admin	46.14	41.83	36.09	31.31	40.22
Research & Development	32.03	31.04	27.62	22.33	25.81
Other Operating Expenses	0.96	-1.38	3.22	2.12	2.01
Operating Expenses	80.34	75.16	69.92	54.64	68.02
Operating Income	133.84	125.83	92.74	88.76	91.26
Interest Expense	-0.09	-0.04	-0.03	-0.13	-0.26
Interest & Investment Income	2.03	1.57	1.52	0.17	0.6
Currency Exchange Gain (Loss)	-0.93	0.31	-0.05	0.69	-0.21
Other Non Operating Income (Expenses)	-0.25	-0.01	-0.1	-0.42	-0.41
EBT Excluding Unusual Items	134.6	127.66	94.08	89.06	90.98
Gain (Loss) on Sale of Investments	0.97	0.33	-	-	-
Gain (Loss) on Sale of Assets	0	0.04	-	-	0.02
Asset Writedown	-0.01	-0	-	-	-
Other Unusual Items	4.8	3.36	-0.23	1.88	2.9
Pretax Income	140.36	131.38	93.85	90.95	93.89
Income Tax Expense	17.07	15.68	10.57	9.43	10.39
Net Income	123.29	115.7	83.28	81.51	83.5
Net Income to Common	123.29	115.7	83.28	81.51	83.5
Net Income Growth	6.56%	38.93%	2.17%	-2.38%	-5.91%
Shares Outstanding (Basic)	110	110	110	91	68
Shares Outstanding (Diluted)	110	110	110	91	68
Shares Change (YoY)	-0.10%	0.56%	20.99%	33.41%	-
EPS (Basic)	1.12	1.05	0.76	0.90	1.23
EPS (Diluted)	1.12	1.05	0.76	0.90	1.23
EPS Growth	6.67%	38.16%	-15.56%	-26.83%	-
Free Cash Flow	83.66	53.33	42.66	42.94	-14.72
Free Cash Flow Per Share	0.76	0.48	0.39	0.47	-0.22
Dividend Per Share	0.300	-	-	-	-
Gross Margin	30.50%	30.58%	31.51%	31.50%	32.11%
Operating Margin	19.06%	19.15%	17.97%	19.50%	18.40%
Profit Margin	17.56%	17.61%	16.14%	17.90%	16.83%
Free Cash Flow Margin	11.91%	8.12%	8.27%	9.43%	-2.97%
EBITDA	150.18	141.6	104.23	94.63	96.35
EBITDA Margin	21.39%	21.55%	20.20%	20.79%	19.42%
D&A For EBITDA	16.34	15.77	11.49	5.86	5.09
EBIT	133.84	125.83	92.74	88.76	91.26
EBIT Margin	19.06%	19.15%	17.97%	19.50%	18.40%
Effective Tax Rate	12.16%	11.93%	11.26%	10.37%	11.07%
Revenue as Reported	702.24	657.17	516.14	455.26	496.1
Advertising Expenses	0.77	-	-	-	-