SHE:300192 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	770.9	791.97	766.68	786.65	845.81	840.95
Other Revenue	3.17	3.17	4.56	7.99	11.79	7.86
Revenue	774.07	795.14	771.25	794.65	857.59	848.81
Revenue Growth (YoY)	-1.88%	3.10%	-2.94%	-7.34%	1.03%	-11.47%
Cost of Revenue	511.04	530.71	515.62	551.03	583.39	487.6
Gross Profit	263.03	264.43	255.63	243.62	274.2	361.21
Selling, General & Admin	74.17	73.41	78.77	120.03	154.55	115.06
Research & Development	23.75	17.34	17.47	15.59	16.55	14.74
Other Operating Expenses	3.14	1.61	3.23	3.57	3.62	2.01
Operating Expenses	102.9	93.4	99.67	138.96	174.76	131.69
Operating Income	160.13	171.03	155.96	104.66	99.44	229.53
Interest Expense	-1.54	-1.77	-2.96	-3.45	-12.63	-19.6
Interest & Investment Income	9.36	10.36	10.98	5.77	6.1	6.1
Currency Exchange Gain (Loss)	0.14	0.14	-0.53	3.07	-1.01	-2.53
Other Non Operating Income (Expenses)	0.44	-0.6	-2.16	-5.27	-9.94	-2.76
EBT Excluding Unusual Items	167.87	179.15	161.29	104.77	81.96	210.74
Impairment of Goodwill	-	-	-	-	-478.98	-36.15
Gain (Loss) on Sale of Investments	-	-	-	-7.49	-23.3	-0.28
Gain (Loss) on Sale of Assets	0.19	0.34	-0.89	1.9	-0.17	0.29
Asset Writedown	-0.17	-0.1	-0.16	-0.4	-16.33	-0
Legal Settlements	-1.21	-1.21	-0.03	-0.08	-0.05	-1.21
Other Unusual Items	1.28	0.85	0.78	0.54	1.88	0.58
Pretax Income	167.96	179.03	160.98	99.24	-434.99	173.96
Income Tax Expense	37.4	35.65	27.76	19.68	15.94	36.49
Earnings From Continuing Operations	130.56	143.39	133.23	79.57	-450.93	137.48
Net Income to Company	130.56	143.39	133.23	79.57	-450.93	137.48
Minority Interest in Earnings	0.71	1.67	5.29	-4.12	3.45	-23.13
Net Income	131.27	145.06	138.51	75.44	-447.48	114.34
Net Income to Common	131.27	145.06	138.51	75.44	-447.48	114.34
Net Income Growth	-9.59%	4.73%	83.60%	-	-	42.00%
Shares Outstanding (Basic)	329	329	329	328	304	279
Shares Outstanding (Diluted)	329	329	329	328	304	286
Shares Change (YoY)	-0.00%	-	0.35%	7.75%	6.49%	17.15%
EPS (Basic)	0.40	0.44	0.42	0.23	-1.47	0.41
EPS (Diluted)	0.40	0.44	0.42	0.23	-1.47	0.40
EPS Growth	-9.59%	4.73%	82.96%	-	-	21.21%
Free Cash Flow	175.46	207.85	234.97	131.19	81.84	132.86
Free Cash Flow Per Share	0.53	0.63	0.71	0.40	0.27	0.47
Dividend Per Share	0.100	0.350	0.270	-	0.300	-
Dividend Growth	-80.77%	29.63%	-	-	-	-
Gross Margin	33.98%	33.26%	33.15%	30.66%	31.97%	42.55%
Operating Margin	20.69%	21.51%	20.22%	13.17%	11.60%	27.04%
Profit Margin	16.96%	18.24%	17.96%	9.49%	-52.18%	13.47%
Free Cash Flow Margin	22.67%	26.14%	30.47%	16.51%	9.54%	15.65%
EBITDA	191.23	202.01	186.78	137.27	132.78	261.43
EBITDA Margin	24.70%	25.41%	24.22%	17.27%	15.48%	30.80%
D&A For EBITDA	31.1	30.98	30.82	32.62	33.34	31.9
EBIT	160.13	171.03	155.96	104.66	99.44	229.53
EBIT Margin	20.69%	21.51%	20.22%	13.17%	11.60%	27.04%
Effective Tax Rate	22.27%	19.91%	17.24%	19.83%	-	20.97%
Revenue as Reported	774.07	795.14	771.25	794.65	857.59	848.81
Advertising Expenses	-	2.25	4.38	2.72	5.03	3.97

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