SHE:300406 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,422	1,648	1,737	1,508	1,598	847.24
Other Revenue	11.28	11.28	4.4	2.88	1	0.88
Revenue	1,433	1,659	1,742	1,511	1,599	848.12
Revenue Growth (YoY)	-17.88%	-4.75%	15.27%	-5.53%	88.58%	0.86%
Cost of Revenue	291.05	361.88	445.01	384.12	448.5	328.44
Gross Profit	1,142	1,297	1,297	1,127	1,151	519.67
Selling, General & Admin	428.95	457.67	491.04	457.36	444.38	244.92
Research & Development	186.81	188.53	162.9	137.2	127.01	79.06
Other Operating Expenses	24.95	15.45	14.97	12.85	12.92	2.88
Operating Expenses	649.11	665.03	692.35	625.46	602.71	353.83
Operating Income	493.09	632.01	604.27	501.29	548.17	165.84
Interest Expense	-48.36	-47.61	-46.99	-52.64	-21.59	-8.16
Interest & Investment Income	19.57	19.82	25.95	21.48	15.74	6.61
Currency Exchange Gain (Loss)	-0.1	-0.1	-0.12	2.21	-0.29	0.84
Other Non Operating Income (Expenses)	3.9	2.39	-3.5	-28.33	-19.94	-25.09
EBT Excluding Unusual Items	468.1	606.52	579.62	444.01	522.09	140.04
Impairment of Goodwill	-	-	-	-3.03	-	-
Gain (Loss) on Sale of Investments	-1.04	-	-	-	-	0.06
Gain (Loss) on Sale of Assets	-1.81	-2.11	-3.5	-2.68	0.16	-1.03
Asset Writedown	-1.38	-1.38	-0.21	-2.29	-0.11	-0.18
Other Unusual Items	22.25	17.66	17.64	13.35	14.85	-1.96
Pretax Income	486.12	620.69	593.55	449.35	536.99	136.93
Income Tax Expense	54.29	89.53	71.48	54.89	67.33	15.25
Earnings From Continuing Operations	431.83	531.16	522.07	394.46	469.66	121.68
Minority Interest in Earnings	-0.12	1.47	1.67	-5.37	-64.01	-9.4
Net Income	431.71	532.64	523.74	389.1	405.65	112.28
Net Income to Common	431.71	532.64	523.74	389.1	405.65	112.28
Net Income Growth	-17.90%	1.70%	34.60%	-4.08%	261.30%	-66.15%
Shares Outstanding (Basic)	579	579	582	581	588	548
Shares Outstanding (Diluted)	592	592	595	614	588	548
Shares Change (YoY)	-1.02%	-0.56%	-3.00%	4.37%	7.25%	9.09%
EPS (Basic)	0.75	0.92	0.90	0.67	0.69	0.20
EPS (Diluted)	0.73	0.90	0.88	0.67	0.69	0.20
EPS Growth	-17.05%	2.27%	31.47%	-2.99%	236.88%	-68.97%
Free Cash Flow	598.81	546.36	437.06	299.69	275.9	105.81
Free Cash Flow Per Share	1.01	0.92	0.73	0.49	0.47	0.19
Dividend Per Share	0.900	0.400	0.200	0.100	0.100	0.099
Dividend Growth	350.00%	100.00%	100.00%	-	0.66%	-33.77%
Gross Margin	79.69%	78.19%	74.45%	74.58%	71.96%	61.27%
Operating Margin	34.40%	38.10%	34.70%	33.18%	34.27%	19.55%
Profit Margin	30.12%	32.11%	30.07%	25.75%	25.36%	13.24%
Free Cash Flow Margin	41.78%	32.93%	25.09%	19.84%	17.25%	12.48%
EBITDA	572.94	700.68	658.03	554.35	590.51	196.05
EBITDA Margin	39.98%	42.24%	37.78%	36.69%	36.92%	23.12%
D&A For EBITDA	79.85	68.67	53.76	53.05	42.33	30.21
EBIT	493.09	632.01	604.27	501.29	548.17	165.84
EBIT Margin	34.40%	38.10%	34.70%	33.18%	34.27%	19.55%
Effective Tax Rate	11.17%	14.42%	12.04%	12.22%	12.54%	11.14%
Revenue as Reported	1,433	1,659	1,742	-	1,599	-
Advertising Expenses	-	153.01	194.01	200.07	186.98	106.68

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