SHE:003027 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	877.6	721.34	771.95	934.94	929.37	764.79
Other Revenue	2.97	2.97	3.24	3.33	3.99	2.75
Revenue	880.57	724.31	775.19	938.27	933.36	767.54
Revenue Growth (YoY)	35.99%	-6.56%	-17.38%	0.53%	21.60%	1.10%
Cost of Revenue	669.55	580.83	603.21	642.53	592.2	458.37
Gross Profit	211.02	143.48	171.98	295.74	341.16	309.17
Selling, General & Admin	69.47	69.72	59.46	75.52	68.82	49.85
Research & Development	49.57	50.83	62.1	56.33	48.83	46.45
Other Operating Expenses	11.87	0	4.56	7.43	8.24	3.37
Operating Expenses	174.18	132.63	151.7	164.45	147.53	107.52
Operating Income	36.84	10.84	20.28	131.29	193.63	201.65
Interest Expense	-8.19	-6.62	-7.07	-3.92	-0.13	-2.95
Interest & Investment Income	44.56	23.13	4.94	15.59	10.33	0.39
Other Non Operating Income (Expenses)	-0.44	-1.25	-0.8	-0.75	-0.5	-0.76
EBT Excluding Unusual Items	72.78	26.1	17.35	142.21	203.32	198.34
Gain (Loss) on Sale of Investments	-1.46	-2	0.26	3.27	0.91	-2.31
Gain (Loss) on Sale of Assets	0.34	-0.05	0.01	-0	-0.24	-
Asset Writedown	0	-	-	-0.04	-0	-
Other Unusual Items	21.52	21.52	10.1	8.01	6.51	9.86
Pretax Income	93.18	45.58	27.72	153.44	210.5	205.89
Income Tax Expense	9.46	2.48	-1.05	20.45	28.68	29.22
Earnings From Continuing Operations	83.72	43.11	28.77	132.99	181.82	176.68
Minority Interest in Earnings	-2.21	-4.07	-3.23	-13.11	-19.38	-22.62
Net Income	81.51	39.04	25.54	119.88	162.44	154.06
Net Income to Common	81.51	39.04	25.54	119.88	162.44	154.06
Net Income Growth	381.38%	52.82%	-78.69%	-26.20%	5.44%	-9.53%
Shares Outstanding (Basic)	132	130	134	130	130	98
Shares Outstanding (Diluted)	132	130	134	133	131	98
Shares Change (YoY)	-0.01%	-3.22%	0.93%	1.68%	34.35%	0.01%
EPS (Basic)	0.62	0.30	0.19	0.92	1.25	1.58
EPS (Diluted)	0.62	0.30	0.19	0.90	1.24	1.58
EPS Growth	381.42%	57.89%	-78.89%	-27.42%	-21.52%	-9.54%
Free Cash Flow	230.86	49.92	16.67	-350.14	-28.88	47.72
Free Cash Flow Per Share	1.75	0.38	0.12	-2.63	-0.22	0.49
Dividend Per Share	0.300	0.300	0.060	0.250	0.300	0.333
Dividend Growth	400.00%	400.00%	-76.00%	-16.67%	-9.99%	-
Gross Margin	23.96%	19.81%	22.18%	31.52%	36.55%	40.28%
Operating Margin	4.18%	1.50%	2.62%	13.99%	20.75%	26.27%
Profit Margin	9.26%	5.39%	3.29%	12.78%	17.40%	20.07%
Free Cash Flow Margin	26.22%	6.89%	2.15%	-37.32%	-3.09%	6.22%
EBITDA	84.88	54.66	58.49	150.19	211.56	212.17
EBITDA Margin	9.64%	7.55%	7.54%	16.01%	22.67%	27.64%
D&A For EBITDA	48.03	43.82	38.21	18.9	17.94	10.51
EBIT	36.84	10.84	20.28	131.29	193.63	201.65
EBIT Margin	4.18%	1.50%	2.62%	13.99%	20.75%	26.27%
Effective Tax Rate	10.15%	5.43%	-	13.33%	13.62%	14.19%
Revenue as Reported	880.57	724.31	775.19	938.27	933.36	767.54
Advertising Expenses	-	0.23	0.29	-	-	-

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