SHE:001324 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	454.18	448.15	517.19	504.07	467.79	486.41
Other Revenue	12.28	12.28	13.03	13.55	12.43	25.19
Revenue	466.46	460.43	530.22	517.61	480.23	511.6
Revenue Growth (YoY)	-0.96%	-13.16%	2.44%	7.79%	-6.13%	21.80%
Cost of Revenue	328.31	316.81	380.23	365.14	325.88	334.69
Gross Profit	138.15	143.62	149.99	152.48	154.35	176.91
Selling, General & Admin	53.87	54.4	53.64	49.16	53.98	55.82
Research & Development	34.97	31.13	28.66	28.14	26.3	24.76
Other Operating Expenses	2.58	1.3	2.02	4.29	4.73	6.91
Operating Expenses	96.68	89.24	85.92	88.5	75.46	93.37
Operating Income	41.47	54.38	64.08	63.98	78.89	83.53
Interest Expense	-0.18	-0.38	-1.14	-1.61	-0.8	-3.95
Interest & Investment Income	1.11	1.84	2.77	0.29	0.31	3.27
Currency Exchange Gain (Loss)	-1.27	-1.27	3.54	4.12	-3.68	-0.67
Other Non Operating Income (Expenses)	2.23	-0.02	-0.31	-0.33	0.98	-0
EBT Excluding Unusual Items	43.37	54.56	68.94	66.45	75.7	82.18
Gain (Loss) on Sale of Investments	8.8	11.93	7.76	-0.03	-	-
Gain (Loss) on Sale of Assets	0.09	0.05	-0.5	-0.1	-0.13	-
Asset Writedown	-0.86	-0.1	-0.23	-1.47	-1.14	-0.34
Other Unusual Items	1.23	1.23	3.05	11.26	1.75	1.22
Pretax Income	52.63	67.67	79.03	76.12	76.17	83.05
Income Tax Expense	2.58	6.28	8.68	7.78	9.57	9.85
Earnings From Continuing Operations	50.05	61.39	70.34	68.34	66.6	73.2
Minority Interest in Earnings	-1.9	-1.21	1.65	-1.67	-0.5	-2.23
Net Income	48.14	60.18	71.99	66.66	66.1	70.97
Net Income to Common	48.14	60.18	71.99	66.66	66.1	70.97
Net Income Growth	-21.29%	-16.41%	7.99%	0.85%	-6.87%	-0.04%
Shares Outstanding (Basic)	139	138	124	104	103	103
Shares Outstanding (Diluted)	139	138	124	104	103	103
Shares Change (YoY)	0.99%	11.18%	19.16%	0.85%	0.41%	-0.04%
EPS (Basic)	0.35	0.44	0.58	0.64	0.64	0.69
EPS (Diluted)	0.35	0.44	0.58	0.64	0.64	0.69
EPS Growth	-22.06%	-24.81%	-9.38%	-	-7.25%	-
Free Cash Flow	-52.5	-62.54	-77.75	1.08	50.95	15.93
Free Cash Flow Per Share	-0.38	-0.45	-0.63	0.01	0.49	0.15
Dividend Per Share	0.133	0.073	0.320	-	-	-
Dividend Growth	32.75%	-77.27%	-	-	-	-
Gross Margin	29.62%	31.19%	28.29%	29.46%	32.14%	34.58%
Operating Margin	8.89%	11.81%	12.08%	12.36%	16.43%	16.33%
Profit Margin	10.32%	13.07%	13.58%	12.88%	13.76%	13.87%
Free Cash Flow Margin	-11.25%	-13.58%	-14.66%	0.21%	10.61%	3.11%
EBITDA	56.06	67.5	75.24	74.48	89.46	95.31
EBITDA Margin	12.02%	14.66%	14.19%	14.39%	18.63%	18.63%
D&A For EBITDA	14.59	13.12	11.16	10.5	10.57	11.78
EBIT	41.47	54.38	64.08	63.98	78.89	83.53
EBIT Margin	8.89%	11.81%	12.08%	12.36%	16.43%	16.33%
Effective Tax Rate	4.90%	9.28%	10.99%	10.22%	12.57%	11.86%
Revenue as Reported	6.03	-	-	517.61	480.23	511.6
Advertising Expenses	-	2.32	0.78	0.68	0.57	0.88

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