SHE:001390 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	960.81	966.73	823.01	655.7	582.45	430.68
Other Revenue	8.2	-	7.37	11.46	13.3	13.81
Revenue	969.01	966.73	830.38	667.16	595.75	444.49
Revenue Growth (YoY)	-3.40%	16.42%	24.46%	11.99%	34.03%	-3.21%
Cost of Revenue	715.5	717.5	647.08	512.27	475.63	362.39
Gross Profit	253.51	249.22	183.3	154.89	120.12	82.1
Selling, General & Admin	24.98	18.86	15.51	13.6	13.18	10.71
Research & Development	27.64	32.81	24.96	23.37	17.39	3.58
Other Operating Expenses	-0.91	-8.11	4.4	3.89	3.6	2.38
Operating Expenses	69.15	43.56	49.76	53.29	35.8	19.98
Operating Income	184.36	205.67	133.54	101.61	84.32	62.12
Interest Expense	-11.96	-	-12.4	-9.55	-7.94	-8.4
Interest & Investment Income	1.06	-	0.06	0.08	0.08	0.51
Currency Exchange Gain (Loss)	-	-	-	-	-	-0
Other Non Operating Income (Expenses)	-0.76	-23.48	-0.54	-1.57	-0.46	-1.57
EBT Excluding Unusual Items	172.7	182.18	120.67	90.56	76	52.66
Gain (Loss) on Sale of Investments	-0.04	-0.06	-0.43	-0.22	-0.95	-
Gain (Loss) on Sale of Assets	0.02	0.11	0	0.05	0	-
Asset Writedown	-6.57	-14.04	-0.05	-	-0.45	-0.66
Other Unusual Items	3.45	-	1.59	6.62	2.21	1.99
Pretax Income	169.56	168.19	121.78	97.01	76.81	53.99
Earnings From Continuing Operations	169.56	168.19	121.78	97.01	76.81	53.99
Net Income	169.56	168.19	121.78	97.01	76.81	53.99
Net Income to Common	169.56	168.19	121.78	97.01	76.81	53.99
Net Income Growth	-1.18%	38.11%	25.53%	26.30%	42.26%	50.75%
Shares Outstanding (Basic)	167	150	150	149	151	142
Shares Outstanding (Diluted)	167	150	150	149	151	142
Shares Change (YoY)	11.45%	-0.23%	0.73%	-0.90%	6.19%	10.87%
EPS (Basic)	1.02	1.12	0.81	0.65	0.51	0.38
EPS (Diluted)	1.02	1.12	0.81	0.65	0.51	0.38
EPS Growth	-11.33%	38.43%	24.62%	27.45%	33.96%	35.96%
Free Cash Flow	-140.67	108.23	-26.44	-25.97	26.37	-62.02
Free Cash Flow Per Share	-0.84	0.72	-0.18	-0.17	0.17	-0.44
Gross Margin	26.16%	25.78%	22.07%	23.22%	20.16%	18.47%
Operating Margin	19.03%	21.27%	16.08%	15.23%	14.15%	13.98%
Profit Margin	17.50%	17.40%	14.67%	14.54%	12.89%	12.15%
Free Cash Flow Margin	-14.52%	11.20%	-3.18%	-3.89%	4.43%	-13.95%
EBITDA	198.76	221.1	147.3	113.46	95.89	72.59
EBITDA Margin	20.51%	22.87%	17.74%	17.01%	16.10%	16.33%
D&A For EBITDA	14.4	15.44	13.76	11.86	11.57	10.47
EBIT	184.36	205.67	133.54	101.61	84.32	62.12
EBIT Margin	19.03%	21.27%	16.08%	15.23%	14.15%	13.98%
Revenue as Reported	969.01	-	830.38	667.16	595.75	-
Advertising Expenses	-	-	0.14	0.05	0.05	0.16

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