SHE:001234 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	862.95	904.31	796.79	740.32	867.1	689.1
Other Revenue	3.25	3.25	2.08	1.69	2.24	4.44
Revenue	866.2	907.56	798.87	742.02	869.34	693.54
Revenue Growth (YoY)	0.60%	13.61%	7.66%	-14.65%	25.35%	-12.36%
Cost of Revenue	719.77	730.68	651.35	583.29	679	533
Gross Profit	146.43	176.88	147.52	158.73	190.34	160.54
Selling, General & Admin	65.36	61.75	50.51	49.26	45.82	36.49
Research & Development	37.51	39.38	35.05	34.08	30.39	26.05
Other Operating Expenses	10.72	9.37	7.37	8.44	8.75	6.89
Operating Expenses	116.41	112.14	96.47	88.73	86.79	68.68
Operating Income	30.02	64.74	51.05	70	103.55	91.85
Interest Expense	-1.19	-2.31	-0.73	-0.75	-0.63	-2.44
Interest & Investment Income	7.67	10.65	12.04	8.69	1.45	1.28
Currency Exchange Gain (Loss)	-1.21	-1.21	1.1	1.15	-0.23	-1.23
Other Non Operating Income (Expenses)	2.38	-0.2	-0.18	-0.2	-0.28	-1.11
EBT Excluding Unusual Items	37.67	71.68	63.28	78.9	103.85	88.35
Gain (Loss) on Sale of Investments	1.76	1.7	1.57	0.56	-	-
Gain (Loss) on Sale of Assets	-0.08	-0.08	-1.21	0.05	0.07	0.16
Asset Writedown	-0.01	-	-	-	-	-
Other Unusual Items	5.41	5.41	6.51	4.19	6.97	5.97
Pretax Income	44.74	78.71	70.15	83.7	110.89	94.48
Income Tax Expense	4.84	8.33	4.95	6.85	12.83	12.47
Net Income	39.9	70.38	65.19	76.85	98.05	82.01
Net Income to Common	39.9	70.38	65.19	76.85	98.05	82.01
Net Income Growth	-48.38%	7.96%	-15.17%	-21.63%	19.56%	-11.92%
Shares Outstanding (Basic)	109	108	107	104	80	80
Shares Outstanding (Diluted)	109	108	107	104	80	80
Shares Change (YoY)	1.63%	1.32%	2.91%	30.27%	0.12%	-0.80%
EPS (Basic)	0.36	0.65	0.61	0.74	1.23	1.03
EPS (Diluted)	0.36	0.65	0.61	0.74	1.23	1.03
EPS Growth	-49.21%	6.56%	-17.57%	-39.84%	19.42%	-11.21%
Free Cash Flow	-39.38	-12.03	-47.14	52.53	54.41	86.71
Free Cash Flow Per Share	-0.36	-0.11	-0.44	0.51	0.68	1.09
Dividend Per Share	0.300	0.500	0.500	0.500	0.500	-
Gross Margin	16.91%	19.49%	18.47%	21.39%	21.89%	23.15%
Operating Margin	3.47%	7.13%	6.39%	9.43%	11.91%	13.24%
Profit Margin	4.61%	7.75%	8.16%	10.36%	11.28%	11.82%
Free Cash Flow Margin	-4.55%	-1.33%	-5.90%	7.08%	6.26%	12.50%
EBITDA	69.76	95.54	69.93	87.78	121.39	109.14
EBITDA Margin	8.05%	10.53%	8.75%	11.83%	13.96%	15.74%
D&A For EBITDA	39.74	30.8	18.87	17.78	17.84	17.29
EBIT	30.02	64.74	51.05	70	103.55	91.85
EBIT Margin	3.47%	7.13%	6.39%	9.43%	11.91%	13.24%
Effective Tax Rate	10.81%	10.58%	7.06%	8.19%	11.57%	13.20%
Revenue as Reported	866.2	907.56	798.87	742.02	869.34	693.54
Advertising Expenses	-	-	-	0.29	0.37	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.