SHE:300239 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	749.89	850.21	970.41	937.89	609.82	446.33
Other Revenue	34.72	34.72	4.1	5.51	2.34	2.5
Revenue	784.62	884.93	974.51	943.4	612.17	448.83
Revenue Growth (YoY)	-10.12%	-9.19%	3.30%	54.11%	36.39%	-8.79%
Cost of Revenue	600.13	687.88	728.53	712.28	515.98	381.95
Gross Profit	184.49	197.06	245.98	231.12	96.19	66.87
Selling, General & Admin	71.37	67.96	69.75	67.81	40.1	32.91
Research & Development	30.26	27.36	26.1	25.83	12.98	9.94
Other Operating Expenses	6.09	4.92	12.58	12.52	9.23	5.71
Operating Expenses	107.48	99.82	110.21	106.47	62.34	47.49
Operating Income	77.01	97.23	135.77	124.65	33.85	19.38
Interest Expense	-3.76	-2.56	-5.14	-7.63	-4.78	-5.87
Interest & Investment Income	3.58	7.11	6.37	4.84	2.88	0.52
Currency Exchange Gain (Loss)	1.03	1.03	0.26	0.7	-0.03	-0.07
Other Non Operating Income (Expenses)	0.48	-0.18	-0.17	-0.21	1.44	-0.84
EBT Excluding Unusual Items	78.34	102.63	137.08	122.35	33.37	13.12
Gain (Loss) on Sale of Investments	-2.9	-3.74	-4.33	-1.91	-2.53	-1.4
Gain (Loss) on Sale of Assets	-0.08	-0.28	0.08	0.14	0.09	0.01
Asset Writedown	-4.08	-0.88	-0.86	-0.42	-0.6	-0.11
Other Unusual Items	8.31	7.79	12.47	11.25	11.21	8.04
Pretax Income	79.71	105.63	144.49	131.65	41.54	19.66
Income Tax Expense	11.53	14.37	17.12	16.21	5.72	1.47
Earnings From Continuing Operations	68.18	91.26	127.37	115.44	35.82	18.19
Minority Interest in Earnings	-0.02	-5.28	-7.49	-6	0.66	0.26
Net Income	68.16	85.98	119.89	109.44	36.48	18.45
Net Income to Common	68.16	85.98	119.89	109.44	36.48	18.45
Net Income Growth	-25.02%	-28.28%	9.55%	199.96%	97.74%	-43.95%
Shares Outstanding (Basic)	588	594	593	593	564	523
Shares Outstanding (Diluted)	637	647	612	593	564	523
Shares Change (YoY)	-2.31%	5.72%	3.12%	5.25%	7.89%	3.06%
EPS (Basic)	0.12	0.14	0.20	0.18	0.06	0.04
EPS (Diluted)	0.11	0.13	0.20	0.18	0.06	0.04
EPS Growth	-23.25%	-32.16%	6.24%	185.01%	83.29%	-45.61%
Free Cash Flow	36.65	-8.04	67.15	86.76	0.15	-88.8
Free Cash Flow Per Share	0.06	-0.01	0.11	0.15	-	-0.17
Dividend Per Share	0.025	0.025	0.022	0.026	0.006	-
Dividend Growth	13.64%	13.64%	-15.38%	333.33%	-	-
Gross Margin	23.51%	22.27%	25.24%	24.50%	15.71%	14.90%
Operating Margin	9.81%	10.99%	13.93%	13.21%	5.53%	4.32%
Profit Margin	8.69%	9.72%	12.30%	11.60%	5.96%	4.11%
Free Cash Flow Margin	4.67%	-0.91%	6.89%	9.20%	0.02%	-19.79%
EBITDA	166.61	183.56	217.73	210.16	89.17	68.08
EBITDA Margin	21.23%	20.74%	22.34%	22.28%	14.57%	15.17%
D&A For EBITDA	89.59	86.32	81.96	85.52	55.32	48.69
EBIT	77.01	97.23	135.77	124.65	33.85	19.38
EBIT Margin	9.81%	10.99%	13.93%	13.21%	5.53%	4.32%
Effective Tax Rate	14.46%	13.60%	11.85%	12.31%	13.76%	7.47%
Revenue as Reported	784.62	884.93	974.51	943.4	612.17	448.83
Advertising Expenses	-	0.57	1.12	1.08	0.81	1.65

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