SHE:002983 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,143	1,174	1,167	947.69	808.36	540.04
Other Revenue	9.32	9.32	8.99	6.56	12.56	19.75
Revenue	1,152	1,183	1,176	954.25	820.92	559.79
Revenue Growth (YoY)	24.30%	0.62%	23.25%	16.24%	46.65%	7.11%
Cost of Revenue	902.59	957.6	928.6	774.19	684.66	427.82
Gross Profit	249.44	225.84	247.5	180.06	136.26	131.97
Selling, General & Admin	48.77	46.71	46.01	38.2	39.53	32.72
Research & Development	49.4	49.32	45.03	44.71	22.5	19.2
Other Operating Expenses	-3.54	-5.46	-2.52	2.77	3.75	2.07
Operating Expenses	97.46	108.85	84.91	92.54	72.39	58.3
Operating Income	151.98	116.99	162.59	87.52	63.87	73.67
Interest Expense	-4.03	-0.39	-0.17	-0.08	-	-
Interest & Investment Income	-	7.52	15.38	13.85	19.65	17.18
Currency Exchange Gain (Loss)	0.2	0.2	0.62	6.75	-0.53	-1.54
Other Non Operating Income (Expenses)	0.36	-0.66	-0.17	-2.06	-0.25	-0.26
EBT Excluding Unusual Items	148.51	123.67	178.24	105.97	82.73	89.05
Gain (Loss) on Sale of Investments	7.5	8.23	10.53	7.5	1.83	1.78
Gain (Loss) on Sale of Assets	-1.32	-1.82	-1.55	-1.18	0.08	-0.01
Asset Writedown	-4.46	-	-	-	-0.15	-
Other Unusual Items	4.3	4.28	2.25	5.34	9.03	10.05
Pretax Income	154.52	134.35	189.47	117.63	93.51	100.87
Income Tax Expense	17	15.34	22.88	11.7	10.84	13.49
Earnings From Continuing Operations	137.52	119.01	166.59	105.93	82.68	87.38
Minority Interest in Earnings	0.22	-0.58	-0.2	-	-	-
Net Income	137.74	118.43	166.39	105.93	82.68	87.38
Net Income to Common	137.74	118.43	166.39	105.93	82.68	87.38
Net Income Growth	29.99%	-28.83%	57.08%	28.12%	-5.39%	-6.55%
Shares Outstanding (Basic)	207	204	222	219	220	202
Shares Outstanding (Diluted)	207	204	222	219	220	202
Shares Change (YoY)	-6.91%	-7.94%	1.24%	-0.60%	9.34%	21.64%
EPS (Basic)	0.66	0.58	0.75	0.48	0.38	0.43
EPS (Diluted)	0.66	0.58	0.75	0.48	0.38	0.43
EPS Growth	39.64%	-22.69%	55.16%	28.90%	-13.47%	-23.18%
Free Cash Flow	137.68	-143.72	100.07	99.68	-140.38	61.88
Free Cash Flow Per Share	0.67	-0.70	0.45	0.46	-0.64	0.31
Dividend Per Share	0.400	0.250	0.291	0.208	0.167	0.192
Dividend Growth	37.36%	-14.15%	39.73%	25.01%	-13.36%	-
Gross Margin	21.65%	19.08%	21.04%	18.87%	16.60%	23.57%
Operating Margin	13.19%	9.89%	13.82%	9.17%	7.78%	13.16%
Profit Margin	11.96%	10.01%	14.15%	11.10%	10.07%	15.61%
Free Cash Flow Margin	11.95%	-12.14%	8.51%	10.45%	-17.10%	11.05%
EBITDA	182.46	145.46	188.37	110.59	83.74	89.98
EBITDA Margin	15.84%	12.29%	16.02%	11.59%	10.20%	16.07%
D&A For EBITDA	30.48	28.47	25.79	23.07	19.87	16.31
EBIT	151.98	116.99	162.59	87.52	63.87	73.67
EBIT Margin	13.19%	9.89%	13.82%	9.17%	7.78%	13.16%
Effective Tax Rate	11.00%	11.42%	12.07%	9.95%	11.59%	13.37%
Revenue as Reported	1,152	1,183	1,176	954.25	820.92	559.79
Advertising Expenses	-	-	-	4.38	0.01	0.14

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