SHE:002730 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	1,198	1,167	1,351	1,216	912.88	782.64
Other Revenue	22.04	22.04	22.94	14.12	6.33	25.48
Revenue	1,220	1,189	1,374	1,230	919.21	808.13
Revenue Growth (YoY)	-0.43%	-13.42%	11.68%	33.79%	13.74%	-19.39%
Cost of Revenue	754.93	722.61	812.76	802.68	611.58	544.01
Gross Profit	464.62	466.56	560.78	427.16	307.63	264.12
Selling, General & Admin	242.11	251.05	313.61	250.83	170.44	125.03
Research & Development	79.18	78.48	82.63	65.73	38.57	36.08
Other Operating Expenses	8.85	7	10.98	10.89	9.25	9.03
Operating Expenses	368.69	355.83	444.89	347.12	230.7	193.34
Operating Income	95.93	110.72	115.89	80.04	76.92	70.78
Interest Expense	-12.98	-7.52	-6.61	-6.35	-3.41	-6.34
Interest & Investment Income	24.8	10.91	20.44	14.97	3.97	0.61
Currency Exchange Gain (Loss)	0.02	0.02	0.06	0	-0	0.07
Other Non Operating Income (Expenses)	0.46	-0.6	-1.52	-0.62	-0.26	-0.27
EBT Excluding Unusual Items	108.23	113.54	128.26	88.05	77.23	64.85
Impairment of Goodwill	-	-	-	-	-	-3.64
Gain (Loss) on Sale of Investments	-0.17	-0.17	0.42	1.6	-11.85	-4.79
Gain (Loss) on Sale of Assets	-0.05	0.06	-0.21	-0.07	24.38	0.73
Asset Writedown	1.05	-0.01	-0.06	-0.59	-3.43	-0.05
Other Unusual Items	7.39	1.99	11.27	4.92	4.78	7.34
Pretax Income	116.45	115.4	139.68	93.91	91.12	64.44
Income Tax Expense	17.12	17.13	14.82	9.51	5.95	9
Earnings From Continuing Operations	99.34	98.27	124.86	84.4	85.17	55.44
Minority Interest in Earnings	-4.01	-3.84	-5.25	5.69	0.63	0.95
Net Income	95.33	94.43	119.61	90.1	85.8	56.39
Net Income to Common	95.33	94.43	119.61	90.1	85.8	56.39
Net Income Growth	-8.03%	-21.05%	32.76%	5.01%	52.16%	31.56%
Shares Outstanding (Basic)	367	363	362	360	318	332
Shares Outstanding (Diluted)	367	363	362	360	318	332
Shares Change (YoY)	2.86%	0.20%	0.58%	13.41%	-4.20%	0.60%
EPS (Basic)	0.26	0.26	0.33	0.25	0.27	0.17
EPS (Diluted)	0.26	0.26	0.33	0.25	0.27	0.17
EPS Growth	-10.59%	-21.21%	32.00%	-7.41%	58.82%	30.77%
Free Cash Flow	-1.56	-262.63	-6.95	104.46	65.98	96.31
Free Cash Flow Per Share	-0.00	-0.72	-0.02	0.29	0.21	0.29
Dividend Per Share	0.130	0.130	0.130	0.110	0.110	0.080
Dividend Growth	-	-	18.18%	-	37.50%	-20.00%
Gross Margin	38.10%	39.23%	40.83%	34.73%	33.47%	32.68%
Operating Margin	7.87%	9.31%	8.44%	6.51%	8.37%	8.76%
Profit Margin	7.82%	7.94%	8.71%	7.33%	9.33%	6.98%
Free Cash Flow Margin	-0.13%	-22.09%	-0.51%	8.49%	7.18%	11.92%
EBITDA	152.68	155.46	144.59	108.98	98.79	93.58
EBITDA Margin	12.52%	13.07%	10.53%	8.86%	10.75%	11.58%
D&A For EBITDA	56.75	44.73	28.7	28.94	21.86	22.8
EBIT	95.93	110.72	115.89	80.04	76.92	70.78
EBIT Margin	7.87%	9.31%	8.44%	6.51%	8.37%	8.76%
Effective Tax Rate	14.70%	14.84%	10.61%	10.13%	6.53%	13.96%
Revenue as Reported	1,220	1,189	1,374	1,230	919.21	808.13
Advertising Expenses	-	4.9	4.5	1.94	0.9	2.8

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