SHE:002830 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	621	630.32	746.36	789.72	849.09	843.12
Other Revenue	43.54	43.54	37.79	38.59	35.38	24.08
Revenue	664.54	673.86	784.15	828.31	884.47	867.21
Revenue Growth (YoY)	-6.78%	-14.06%	-5.33%	-6.35%	1.99%	-3.45%
Cost of Revenue	459.89	465.28	546.06	570.37	622.08	632.83
Gross Profit	204.65	208.59	238.09	257.93	262.39	234.37
Selling, General & Admin	159.65	169.55	184.19	218.37	232.23	213.53
Research & Development	4.28	4.59	7.53	12.79	12.85	12.44
Other Operating Expenses	4.95	5.14	5.67	3.3	4.68	4.45
Operating Expenses	169.69	179.47	202.96	235.17	250.11	230.5
Operating Income	34.96	29.11	35.14	22.76	12.28	3.88
Interest Expense	-0.13	-0.15	-	-0.1	-	-0.04
Interest & Investment Income	6.98	11.51	23.49	22.42	32.51	30.34
Other Non Operating Income (Expenses)	-3.43	-2.44	-2.84	-2.92	-5.6	-2.19
EBT Excluding Unusual Items	38.38	38.04	55.79	42.16	39.19	31.99
Gain (Loss) on Sale of Investments	15.23	17.46	5.42	2.96	3.69	-
Gain (Loss) on Sale of Assets	0.39	0.92	1.06	0.71	0.69	-0.07
Asset Writedown	0.68	-0.13	-1.04	-2.34	-0.09	-0.32
Other Unusual Items	-0.21	-0.29	0.07	-0.64	3.26	3.85
Pretax Income	54.48	56	61.31	42.85	46.74	35.45
Income Tax Expense	9.38	10.57	17.94	18.96	12.24	9.72
Earnings From Continuing Operations	45.11	45.43	43.36	23.89	34.5	25.73
Minority Interest in Earnings	-4.62	-4.75	-4.28	-4.94	-5.36	-3.33
Net Income	40.49	40.68	39.09	18.95	29.14	22.39
Net Income to Common	40.49	40.68	39.09	18.95	29.14	22.39
Net Income Growth	0.62%	4.08%	106.28%	-34.98%	30.13%	-7.58%
Shares Outstanding (Basic)	130	131	135	135	132	132
Shares Outstanding (Diluted)	130	131	135	135	132	132
Shares Change (YoY)	-2.60%	-2.64%	-0.41%	2.18%	0.56%	-2.15%
EPS (Basic)	0.31	0.31	0.29	0.14	0.22	0.17
EPS (Diluted)	0.31	0.31	0.29	0.14	0.22	0.17
EPS Growth	3.30%	6.90%	107.14%	-36.36%	29.41%	-5.56%
Free Cash Flow	111.01	10.19	82.35	-73.43	-10.74	124.99
Free Cash Flow Per Share	0.85	0.08	0.61	-0.54	-0.08	0.95
Dividend Per Share	0.250	0.250	0.240	0.120	0.150	0.120
Dividend Growth	4.17%	4.17%	100.00%	-20.00%	25.00%	-7.69%
Gross Margin	30.80%	30.95%	30.36%	31.14%	29.67%	27.03%
Operating Margin	5.26%	4.32%	4.48%	2.75%	1.39%	0.45%
Profit Margin	6.09%	6.04%	4.98%	2.29%	3.29%	2.58%
Free Cash Flow Margin	16.71%	1.51%	10.50%	-8.87%	-1.21%	14.41%
EBITDA	48.91	45.46	54.68	46.37	30.65	22.88
EBITDA Margin	7.36%	6.75%	6.97%	5.60%	3.47%	2.64%
D&A For EBITDA	13.95	16.34	19.54	23.61	18.37	19.01
EBIT	34.96	29.11	35.14	22.76	12.28	3.88
EBIT Margin	5.26%	4.32%	4.48%	2.75%	1.39%	0.45%
Effective Tax Rate	17.21%	18.87%	29.27%	44.25%	26.18%	27.43%
Revenue as Reported	664.54	673.86	784.15	828.31	884.47	867.21
Advertising Expenses	-	23.12	21.14	17.81	19.12	16.47

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