SHE:300395 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	1,774	1,706	2,017	1,665	1,169	844.92
Other Revenue	35.42	35.42	73.56	54.1	54.67	18.65
Revenue	1,810	1,742	2,091	1,719	1,224	863.58
Revenue Growth (YoY)	-5.22%	-16.68%	21.59%	40.52%	41.68%	10.85%
Cost of Revenue	984.63	1,037	1,074	850.75	609.93	418
Gross Profit	825.15	705.18	1,016	868.61	613.62	445.58
Selling, General & Admin	169.08	168.96	204.64	169.15	125.28	98.28
Research & Development	244.04	243.47	216.47	151.91	91.49	72.36
Other Operating Expenses	46.26	1.52	7.68	16.88	8.59	8.96
Operating Expenses	475.78	421.48	438.21	344.62	225.6	179.8
Operating Income	349.37	283.7	578.05	523.99	388.02	265.78
Interest Expense	-11.65	-13.21	-4.55	-0.18	-0.28	-
Interest & Investment Income	18.26	21.12	18.83	20.97	24.18	11.58
Currency Exchange Gain (Loss)	4.6	4.6	3.69	12.48	-2.49	-8.44
Other Non Operating Income (Expenses)	-1.47	-1.31	-1.69	-0.7	-0.57	-0.88
EBT Excluding Unusual Items	359.1	294.89	594.33	556.56	408.86	268.04
Gain (Loss) on Sale of Investments	16.06	16.52	16.12	0.47	0.94	2.79
Gain (Loss) on Sale of Assets	-1.35	-2.07	0.32	0.23	-5.38	-0.1
Asset Writedown	-11.8	-7.33	-3.85	-2.54	-3.04	-5.13
Other Unusual Items	64.56	42.34	37.24	11.3	21.42	6.93
Pretax Income	426.58	344.35	644.16	566.01	422.8	272.53
Income Tax Expense	33.52	18.08	69.74	53.01	47	33.08
Earnings From Continuing Operations	393.06	326.27	574.41	513	375.79	239.45
Minority Interest in Earnings	20.24	-12.06	-36.77	-24.13	-5.67	-1.34
Net Income	413.29	314.21	537.65	488.87	370.12	238.11
Net Income to Common	413.29	314.21	537.65	488.87	370.12	238.11
Net Income Growth	14.18%	-41.56%	9.98%	32.08%	55.44%	24.30%
Shares Outstanding (Basic)	520	519	511	507	507	505
Shares Outstanding (Diluted)	520	519	514	515	509	507
Shares Change (YoY)	0.93%	1.08%	-0.25%	1.15%	0.50%	11.20%
EPS (Basic)	0.79	0.60	1.05	0.96	0.73	0.47
EPS (Diluted)	0.79	0.60	1.05	0.95	0.73	0.47
EPS Growth	13.13%	-42.18%	10.25%	30.59%	54.67%	11.77%
Free Cash Flow	-212.84	-105.09	-278.02	-165.24	-24.72	-14.67
Free Cash Flow Per Share	-0.41	-0.20	-0.54	-0.32	-0.05	-0.03
Dividend Per Share	0.130	0.130	0.210	0.190	0.153	0.120
Dividend Growth	-38.09%	-38.09%	10.53%	23.94%	27.75%	-
Gross Margin	45.59%	40.48%	48.61%	50.52%	50.15%	51.60%
Operating Margin	19.30%	16.29%	27.65%	30.48%	31.71%	30.78%
Profit Margin	22.84%	18.04%	25.72%	28.43%	30.25%	27.57%
Free Cash Flow Margin	-11.76%	-6.03%	-13.30%	-9.61%	-2.02%	-1.70%
EBITDA	566.12	475.96	737.65	632.61	468.66	325.59
EBITDA Margin	31.28%	27.33%	35.28%	36.79%	38.30%	37.70%
D&A For EBITDA	216.76	192.26	159.6	108.63	80.64	59.8
EBIT	349.37	283.7	578.05	523.99	388.02	265.78
EBIT Margin	19.30%	16.29%	27.65%	30.48%	31.71%	30.78%
Effective Tax Rate	7.86%	5.25%	10.83%	9.37%	11.12%	12.14%
Revenue as Reported	1,810	1,742	2,091	1,719	1,224	863.58
Advertising Expenses	-	7.04	5.04	3.41	-	-

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