SHE:300154 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	862.62	998.77	1,135	1,059	1,068	549.72
Other Revenue	16.06	16.06	14.61	13.42	14.21	5.91
Revenue	878.68	1,015	1,150	1,073	1,083	555.63
Revenue Growth (YoY)	-18.85%	-11.73%	7.18%	-0.92%	94.85%	0.15%
Cost of Revenue	694.19	813.92	898.76	861.54	841.99	390.22
Gross Profit	184.49	200.91	250.98	211.14	240.68	165.41
Selling, General & Admin	115.93	122.83	115.42	110.92	95.5	60.28
Research & Development	32.2	35.97	33.26	35.19	34.25	22.04
Other Operating Expenses	16.62	5.95	7.08	5.76	6.78	5.12
Operating Expenses	158.42	168.53	165.84	151.62	141.85	86.36
Operating Income	26.07	32.38	85.14	59.51	98.82	79.05
Interest Expense	-9.32	-11.21	-10.57	-3.29	-3.75	-0.98
Interest & Investment Income	100.5	79.86	44.48	24.65	21.01	32.13
Currency Exchange Gain (Loss)	12.88	12.88	-2.56	20.35	2.37	-32.97
Other Non Operating Income (Expenses)	-19.08	-1.49	-1.77	0.39	-1.98	0.35
EBT Excluding Unusual Items	111.05	112.42	114.71	101.61	116.47	77.58
Merger & Restructuring Charges	-	-	-	3.5	-	-
Gain (Loss) on Sale of Investments	0.7	63.5	-3.94	-14.42	14.04	-1.62
Gain (Loss) on Sale of Assets	2.8	2.84	-0.04	-0.15	-0.19	-0.02
Asset Writedown	-0.01	-0.34	-2.75	-0.21	-	-
Other Unusual Items	14.55	8.66	9.34	9.14	5.73	4.06
Pretax Income	129.09	187.08	117.33	99.47	136.05	80
Income Tax Expense	31.46	39.02	26.68	13.47	18.09	14.47
Earnings From Continuing Operations	97.63	148.06	90.65	86	117.96	65.53
Minority Interest in Earnings	6.43	2.24	9.91	-2.39	-1.09	1.35
Net Income	104.06	150.3	100.55	83.61	116.87	66.88
Net Income to Common	104.06	150.3	100.55	83.61	116.87	66.88
Net Income Growth	-27.28%	49.48%	20.27%	-28.46%	74.75%	-41.23%
Shares Outstanding (Basic)	450	455	457	440	450	446
Shares Outstanding (Diluted)	450	455	457	440	450	446
Shares Change (YoY)	0.11%	-0.35%	3.86%	-2.10%	0.82%	-2.05%
EPS (Basic)	0.23	0.33	0.22	0.19	0.26	0.15
EPS (Diluted)	0.23	0.33	0.22	0.19	0.26	0.15
EPS Growth	-27.36%	50.00%	15.79%	-26.92%	73.33%	-40.00%
Free Cash Flow	19.48	14.67	-68.3	-115.82	25.45	98.92
Free Cash Flow Per Share	0.04	0.03	-0.15	-0.26	0.06	0.22
Dividend Per Share	0.200	0.200	0.200	0.150	0.200	0.150
Dividend Growth	-	-	33.33%	-25.00%	33.33%	-25.00%
Gross Margin	21.00%	19.80%	21.83%	19.68%	22.23%	29.77%
Operating Margin	2.97%	3.19%	7.41%	5.55%	9.13%	14.23%
Profit Margin	11.84%	14.81%	8.75%	7.80%	10.79%	12.04%
Free Cash Flow Margin	2.22%	1.44%	-5.94%	-10.80%	2.35%	17.80%
EBITDA	48.89	53.15	103.16	76.64	113.79	87.82
EBITDA Margin	5.56%	5.24%	8.97%	7.14%	10.51%	15.80%
D&A For EBITDA	22.82	20.76	18.02	17.13	14.96	8.77
EBIT	26.07	32.38	85.14	59.51	98.82	79.05
EBIT Margin	2.97%	3.19%	7.41%	5.55%	9.13%	14.23%
Effective Tax Rate	24.37%	20.86%	22.74%	13.55%	13.30%	18.09%
Revenue as Reported	878.68	1,015	1,150	1,073	1,083	555.63
Advertising Expenses	-	5.59	5.39	3.49	3.94	2.02

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