SHE:300303 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	3,383	3,006	2,492	2,235	2,342	2,333
Other Revenue	47.77	47.77	20.69	26.77	29.74	18.22
Revenue	3,430	3,053	2,512	2,262	2,371	2,351
Revenue Growth (YoY)	19.46%	21.54%	11.07%	-4.62%	0.86%	-6.21%
Cost of Revenue	2,694	2,312	1,919	1,764	1,846	1,745
Gross Profit	735.96	741.64	592.83	498.18	525.41	605.81
Selling, General & Admin	238.06	218.62	205.28	189.32	168.49	168.19
Research & Development	225.81	204.75	152.52	125.83	130.43	114.43
Other Operating Expenses	0.02	-1.56	13.54	12.2	12.94	16.7
Operating Expenses	473.93	444.17	382.76	344.01	309.58	298.16
Operating Income	262.03	297.47	210.06	154.17	215.82	307.64
Interest Expense	-3.59	-19.24	-27.79	-28.69	-35.97	-30.92
Interest & Investment Income	46.87	83.66	39.18	54.39	47.8	60.99
Currency Exchange Gain (Loss)	5.56	5.56	1.46	29.24	-5.04	-17.02
Other Non Operating Income (Expenses)	-4.5	-1.12	-11.27	-6.41	-8.37	-0.59
EBT Excluding Unusual Items	306.36	366.33	211.64	202.71	214.24	320.09
Gain (Loss) on Sale of Investments	39.81	-4.19	26.05	-5.44	35.06	2.26
Gain (Loss) on Sale of Assets	0.9	-0.14	0.17	-3.07	5.27	-5.93
Asset Writedown	-9.07	-8.3	-29.08	-7.93	-0.67	-1.52
Other Unusual Items	24.65	22.31	42.21	27.74	27.96	31.64
Pretax Income	362.66	376.01	250.98	214.01	281.87	346.55
Income Tax Expense	42.82	37.31	21.65	20.21	4.51	38.8
Earnings From Continuing Operations	319.84	338.7	229.34	193.8	277.36	307.74
Minority Interest in Earnings	2.28	0.92	0.71	-5.66	-5.71	-2.82
Net Income	322.12	339.62	230.05	188.14	271.65	304.93
Net Income to Common	322.12	339.62	230.05	188.14	271.65	304.93
Net Income Growth	16.31%	47.63%	22.27%	-30.74%	-10.91%	-1.14%
Shares Outstanding (Basic)	1,405	1,358	1,353	1,344	1,294	1,271
Shares Outstanding (Diluted)	1,405	1,358	1,353	1,344	1,294	1,271
Shares Change (YoY)	1.22%	0.39%	0.69%	3.89%	1.81%	2.98%
EPS (Basic)	0.23	0.25	0.17	0.14	0.21	0.24
EPS (Diluted)	0.23	0.25	0.17	0.14	0.21	0.24
EPS Growth	14.91%	47.06%	21.43%	-33.33%	-12.50%	-4.00%
Free Cash Flow	77.64	88.23	159.94	137.86	334.16	128.91
Free Cash Flow Per Share	0.06	0.07	0.12	0.10	0.26	0.10
Dividend Per Share	0.130	0.130	0.100	0.100	0.100	0.100
Dividend Growth	30.00%	30.00%	-	-	-	-
Gross Margin	21.45%	24.29%	23.60%	22.03%	22.16%	25.77%
Operating Margin	7.64%	9.74%	8.36%	6.82%	9.10%	13.08%
Profit Margin	9.39%	11.12%	9.16%	8.32%	11.46%	12.97%
Free Cash Flow Margin	2.26%	2.89%	6.37%	6.09%	14.09%	5.48%
EBITDA	380.3	415.93	328.77	267.48	322.77	413.14
EBITDA Margin	11.09%	13.62%	13.09%	11.83%	13.61%	17.57%
D&A For EBITDA	118.27	118.46	118.71	113.31	106.95	105.49
EBIT	262.03	297.47	210.06	154.17	215.82	307.64
EBIT Margin	7.64%	9.74%	8.36%	6.82%	9.10%	13.08%
Effective Tax Rate	11.81%	9.92%	8.62%	9.44%	1.60%	11.20%
Revenue as Reported	3,430	3,053	2,512	2,262	2,371	2,351
Advertising Expenses	-	0.05	0.13	0.04	0.06	0.07

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