SHE:300407 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	2,588	2,205	1,993	1,907	1,892	1,940
Other Revenue	7.39	7.39	7.55	7.09	7.87	7.73
Revenue	2,596	2,212	2,001	1,914	1,900	1,948
Revenue Growth (YoY)	20.15%	10.57%	4.55%	0.74%	-2.49%	7.71%
Cost of Revenue	1,950	1,658	1,470	1,376	1,424	1,453
Gross Profit	645.62	553.79	530.53	538.05	475.28	495.25
Selling, General & Admin	382.31	340.88	316.7	275.56	274.6	259.77
Research & Development	123.69	108.32	100.22	89.12	95.5	87.36
Other Operating Expenses	12.19	-2.93	-2.33	1.72	-3.13	-0.32
Operating Expenses	549.91	463.8	417.48	425.12	390.36	379.41
Operating Income	95.72	89.99	113.05	112.93	84.92	115.84
Interest Expense	-5.98	-7.12	-12.98	-17.13	-15.01	-15.1
Interest & Investment Income	16.68	16.73	12.66	2	2.82	4.93
Currency Exchange Gain (Loss)	0.1	0.1	-1.37	1.35	7.19	-2.77
Other Non Operating Income (Expenses)	-11.88	-9.84	-9.49	-5.84	-12.21	-8.1
EBT Excluding Unusual Items	94.65	89.86	101.87	93.31	67.72	94.81
Gain (Loss) on Sale of Investments	0.2	-	-1.06	-0.37	-	-
Gain (Loss) on Sale of Assets	-0.23	-0.13	-0	-0.01	-0.23	-0.14
Asset Writedown	-1.44	-0.12	-0.03	-0.17	-	-
Other Unusual Items	31.39	23.32	10.44	9.2	9.48	0.46
Pretax Income	124.56	112.94	111.22	101.96	76.98	95.13
Income Tax Expense	34.21	29.66	18.72	12.66	10.21	10.07
Earnings From Continuing Operations	90.36	83.28	92.5	89.29	66.77	85.05
Minority Interest in Earnings	6.02	10.61	3.8	-0.3	0.62	0.11
Net Income	96.37	93.89	96.31	88.99	67.38	85.17
Net Income to Common	96.37	93.89	96.31	88.99	67.38	85.17
Net Income Growth	3.32%	-2.51%	8.22%	32.07%	-20.88%	24.82%
Shares Outstanding (Basic)	311	313	311	307	306	304
Shares Outstanding (Diluted)	311	313	311	307	306	304
Shares Change (YoY)	-0.15%	0.74%	1.24%	0.19%	0.70%	6.98%
EPS (Basic)	0.31	0.30	0.31	0.29	0.22	0.28
EPS (Diluted)	0.31	0.30	0.31	0.29	0.22	0.28
EPS Growth	3.48%	-3.23%	6.90%	31.82%	-21.43%	16.67%
Free Cash Flow	268.69	190.82	140.96	59.03	56.58	95.86
Free Cash Flow Per Share	0.86	0.61	0.45	0.19	0.18	0.32
Dividend Per Share	0.100	0.100	0.127	0.050	0.023	0.066
Dividend Growth	-21.26%	-21.26%	154.00%	117.90%	-65.00%	166.59%
Gross Margin	24.87%	25.03%	26.52%	28.12%	25.02%	25.42%
Operating Margin	3.69%	4.07%	5.65%	5.90%	4.47%	5.95%
Profit Margin	3.71%	4.24%	4.81%	4.65%	3.55%	4.37%
Free Cash Flow Margin	10.35%	8.63%	7.05%	3.08%	2.98%	4.92%
EBITDA	153.84	147.04	168.67	162.57	131.21	164.1
EBITDA Margin	5.93%	6.65%	8.43%	8.49%	6.91%	8.42%
D&A For EBITDA	58.12	57.05	55.62	49.64	46.29	48.26
EBIT	95.72	89.99	113.05	112.93	84.92	115.84
EBIT Margin	3.69%	4.07%	5.65%	5.90%	4.47%	5.95%
Effective Tax Rate	27.46%	26.26%	16.83%	12.42%	13.26%	10.59%
Revenue as Reported	2,596	2,212	2,001	1,914	1,900	1,948
Advertising Expenses	-	4.37	2.63	3.31	1.3	1.97

Source: S&P Global Market Intelligence. Standard template. Financial Sources.