SHE:300421 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	1,057	1,019	968.25	966.76	962.9	782.23
Other Revenue	25.25	25.25	33.4	14.09	11.01	5.12
Revenue	1,082	1,045	1,002	980.85	973.9	787.35
Revenue Growth (YoY)	5.21%	4.29%	2.12%	0.71%	23.69%	7.95%
Cost of Revenue	911.13	872.3	824.11	811.05	752.67	617.39
Gross Profit	170.78	172.27	177.54	169.81	221.24	169.96
Selling, General & Admin	57.7	54.6	54.92	46.4	60.9	44.46
Research & Development	52.29	55.52	54.07	57.28	50.14	37.26
Other Operating Expenses	-7.76	-4.15	-1.89	2.27	8.39	3.61
Operating Expenses	103.73	107.38	109.1	109.06	120.3	85.97
Operating Income	67.05	64.89	68.44	60.75	100.94	83.99
Interest Expense	-5.76	-5.32	-5.44	-5.93	-3.51	-3.61
Interest & Investment Income	0.72	0.37	0.15	0.21	0.67	0.28
Currency Exchange Gain (Loss)	1.78	1.78	6.04	7.24	-5.34	-2.11
Other Non Operating Income (Expenses)	6.19	-0.84	-0.02	0.4	-0.25	-1.17
EBT Excluding Unusual Items	69.99	60.87	69.17	62.68	92.52	77.37
Impairment of Goodwill	-	-	-2.94	-	-	-
Gain (Loss) on Sale of Assets	0.8	0.33	0.14	0.76	1.43	-0.06
Asset Writedown	-1.55	-	-	-	-3.54	-
Other Unusual Items	-0.82	-0.82	1.68	2.55	10.99	-0.32
Pretax Income	68.42	60.39	68.05	66	101.41	76.99
Income Tax Expense	12.26	5.15	8.17	3.66	11.08	16.39
Earnings From Continuing Operations	56.16	55.23	59.88	62.34	90.33	60.6
Net Income	56.16	55.23	59.88	62.34	90.33	60.6
Net Income to Common	56.16	55.23	59.88	62.34	90.33	60.6
Net Income Growth	4.86%	-7.76%	-3.95%	-30.98%	49.06%	56.63%
Shares Outstanding (Basic)	294	294	294	293	291	287
Shares Outstanding (Diluted)	294	294	294	293	294	287
Shares Change (YoY)	0.03%	0.04%	0.34%	-0.40%	2.32%	-0.95%
EPS (Basic)	0.19	0.19	0.20	0.21	0.31	0.21
EPS (Diluted)	0.19	0.19	0.20	0.21	0.31	0.21
EPS Growth	4.83%	-7.81%	-4.28%	-30.71%	45.68%	58.14%
Free Cash Flow	-35.75	41.91	37.89	1.05	-59.05	61.17
Free Cash Flow Per Share	-0.12	0.14	0.13	0.00	-0.20	0.21
Dividend Per Share	0.120	0.240	0.250	0.083	0.125	0.083
Dividend Growth	-	-4.00%	200.12%	-33.36%	50.06%	-
Gross Margin	15.78%	16.49%	17.72%	17.31%	22.72%	21.59%
Operating Margin	6.20%	6.21%	6.83%	6.19%	10.37%	10.67%
Profit Margin	5.19%	5.29%	5.98%	6.36%	9.28%	7.70%
Free Cash Flow Margin	-3.30%	4.01%	3.78%	0.11%	-6.06%	7.77%
EBITDA	149.51	146.93	149.92	134.25	163.49	141.53
EBITDA Margin	13.82%	14.07%	14.97%	13.69%	16.79%	17.97%
D&A For EBITDA	82.46	82.04	81.48	73.5	62.55	57.54
EBIT	67.05	64.89	68.44	60.75	100.94	83.99
EBIT Margin	6.20%	6.21%	6.83%	6.19%	10.37%	10.67%
Effective Tax Rate	17.91%	8.53%	12.00%	5.54%	10.92%	21.29%
Revenue as Reported	1,082	1,045	1,002	980.85	973.9	787.35
Advertising Expenses	-	0.09	0.3	0.11	0.28	0.06

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