SHE:300181 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	2,804	2,569	1,937	1,787	1,450	1,086
Other Revenue	8.95	8.95	5.2	18.23	7.26	5.32
Revenue	2,813	2,578	1,942	1,805	1,457	1,091
Revenue Growth (YoY)	11.51%	32.71%	7.61%	23.86%	33.60%	19.72%
Cost of Revenue	1,099	1,019	616.36	534.65	420.35	362.9
Gross Profit	1,713	1,559	1,326	1,271	1,037	727.98
Selling, General & Admin	971.92	949.08	874.18	921.45	794.25	601.17
Research & Development	62.96	71.94	79.38	64.43	45.63	30.39
Other Operating Expenses	-50.35	-58.7	-49.99	-42.32	-28.31	-21.62
Operating Expenses	990.28	968.57	904.42	948.8	812.78	610.52
Operating Income	723.1	590.51	421.66	321.71	224.26	117.46
Interest Expense	-13.35	-9.29	-7.62	-8.32	-12.07	-17.44
Interest & Investment Income	6.53	15.95	22	4.64	4.41	2.05
Currency Exchange Gain (Loss)	0	0	0	-0	-	-
Other Non Operating Income (Expenses)	1.68	-0.47	0.18	-0.01	-1.13	1.65
EBT Excluding Unusual Items	717.96	596.7	436.21	318.02	215.47	103.71
Gain (Loss) on Sale of Investments	-2.36	-0.66	-0.1	0.08	0.52	0.39
Gain (Loss) on Sale of Assets	0.04	0.35	0.28	-9.71	-1.92	-0.08
Asset Writedown	-11.33	-8.06	-0.53	-	-	-
Other Unusual Items	8.36	8.36	10.78	15.74	8.24	5.17
Pretax Income	712.67	596.69	446.64	324.12	222.31	109.18
Income Tax Expense	105.98	80.73	55.88	38.6	30.33	13.87
Earnings From Continuing Operations	606.69	515.96	390.76	285.52	191.98	95.31
Net Income to Company	606.69	515.96	390.76	285.52	191.98	95.31
Minority Interest in Earnings	-10.42	-8.19	-7.83	-12.51	-12.58	-6.51
Net Income	596.27	507.77	382.94	273.01	179.41	88.8
Net Income to Common	596.27	507.77	382.94	273.01	179.41	88.8
Net Income Growth	15.21%	32.60%	40.27%	52.17%	102.03%	246.98%
Shares Outstanding (Basic)	696	696	696	607	619	609
Shares Outstanding (Diluted)	696	696	696	607	619	609
Shares Change (YoY)	0.12%	-0.10%	14.76%	-1.93%	1.64%	0.12%
EPS (Basic)	0.86	0.73	0.55	0.45	0.29	0.15
EPS (Diluted)	0.86	0.73	0.55	0.45	0.29	0.15
EPS Growth	15.07%	32.73%	22.22%	55.17%	98.77%	246.56%
Free Cash Flow	28.3	34.16	156.75	140.56	103.84	221.34
Free Cash Flow Per Share	0.04	0.05	0.23	0.23	0.17	0.36
Dividend Per Share	0.600	0.600	0.450	0.300	0.200	0.100
Dividend Growth	33.33%	33.33%	50.00%	50.00%	100.00%	400.00%
Gross Margin	60.92%	60.48%	68.27%	70.38%	71.16%	66.73%
Operating Margin	25.71%	22.91%	21.71%	17.82%	15.39%	10.77%
Profit Margin	21.20%	19.70%	19.71%	15.12%	12.31%	8.14%
Free Cash Flow Margin	1.01%	1.32%	8.07%	7.79%	7.12%	20.29%
EBITDA	794.49	657.69	483.23	378.43	277.87	171.31
EBITDA Margin	28.25%	25.51%	24.88%	20.96%	19.07%	15.70%
D&A For EBITDA	71.38	67.18	61.58	56.72	53.61	53.85
EBIT	723.1	590.51	421.66	321.71	224.26	117.46
EBIT Margin	25.71%	22.91%	21.71%	17.82%	15.39%	10.77%
Effective Tax Rate	14.87%	13.53%	12.51%	11.91%	13.64%	12.71%
Revenue as Reported	2,813	2,578	1,942	1,805	1,457	1,091
Advertising Expenses	-	28	15.71	675.37	528.45	377.85

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