SHE:300452 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	924.08	871.93	827.17	694.08	607.27	520.93
Other Revenue	10.64	10.64	12.09	10.44	9.43	10.26
Revenue	934.72	882.57	839.26	704.53	616.71	531.2
Revenue Growth (YoY)	10.85%	5.16%	19.12%	14.24%	16.10%	14.46%
Cost of Revenue	646.9	609.34	573.93	495.28	438.93	366.76
Gross Profit	287.82	273.23	265.33	209.24	177.78	164.44
Selling, General & Admin	65.42	63.54	60	51.13	52.05	43.64
Research & Development	44.07	40.95	41.95	34.43	26.8	18.12
Other Operating Expenses	1.96	-1.69	2	2.72	5.85	5.34
Operating Expenses	111.4	102.8	103.99	88.23	84.7	66.93
Operating Income	176.42	170.43	161.34	121.01	93.08	97.51
Interest Expense	-12.47	-12.73	-4.3	-1.21	-1.2	-0.73
Interest & Investment Income	15.24	20.18	11.84	9.05	6.93	4.04
Currency Exchange Gain (Loss)	1.88	1.88	0.37	2.56	-0.28	-1
Other Non Operating Income (Expenses)	-1.04	-0.42	-0.41	-0.38	-0.39	-0.17
EBT Excluding Unusual Items	180.04	179.34	168.84	131.02	98.14	99.65
Impairment of Goodwill	-39.13	-39.13	-	-	-6.13	-
Gain (Loss) on Sale of Investments	4.62	-3.13	8.51	-2.62	1.74	0.73
Gain (Loss) on Sale of Assets	-0.17	0.11	-0.01	-0.27	-2.96	-1.86
Asset Writedown	-0	-0	-1.02	-0.01	-	-
Other Unusual Items	7.51	5.17	9.5	8.29	5.89	8.65
Pretax Income	152.86	142.36	185.82	136.4	96.68	107.17
Income Tax Expense	23.23	21.83	21.2	5.47	11.14	13.65
Earnings From Continuing Operations	129.62	120.52	164.62	130.93	85.54	93.52
Minority Interest in Earnings	-0.06	-1.1	-3.09	-0.23	3.72	0.42
Net Income	129.56	119.42	161.54	130.71	89.25	93.94
Net Income to Common	129.56	119.42	161.54	130.71	89.25	93.94
Net Income Growth	-19.24%	-26.07%	23.58%	46.45%	-4.99%	11.34%
Shares Outstanding (Basic)	232	234	234	233	235	230
Shares Outstanding (Diluted)	238	234	241	233	235	230
Shares Change (YoY)	-1.85%	-2.88%	3.29%	-0.63%	1.93%	-1.27%
EPS (Basic)	0.56	0.51	0.69	0.56	0.38	0.41
EPS (Diluted)	0.54	0.51	0.67	0.56	0.38	0.41
EPS Growth	-17.71%	-23.88%	19.64%	47.37%	-6.79%	12.78%
Free Cash Flow	157.92	90.39	77.38	65.5	72.35	64.19
Free Cash Flow Per Share	0.66	0.39	0.32	0.28	0.31	0.28
Dividend Per Share	0.300	0.300	0.250	0.250	0.231	0.192
Dividend Growth	20.00%	20.00%	-	8.32%	20.02%	30.02%
Gross Margin	30.79%	30.96%	31.61%	29.70%	28.83%	30.96%
Operating Margin	18.87%	19.31%	19.22%	17.18%	15.09%	18.36%
Profit Margin	13.86%	13.53%	19.25%	18.55%	14.47%	17.69%
Free Cash Flow Margin	16.89%	10.24%	9.22%	9.30%	11.73%	12.08%
EBITDA	236.04	221.12	200.12	157.07	127.77	129.26
EBITDA Margin	25.25%	25.05%	23.84%	22.30%	20.72%	24.33%
D&A For EBITDA	59.62	50.69	38.78	36.06	34.68	31.76
EBIT	176.42	170.43	161.34	121.01	93.08	97.51
EBIT Margin	18.87%	19.31%	19.22%	17.18%	15.09%	18.36%
Effective Tax Rate	15.20%	15.33%	11.41%	4.01%	11.53%	12.74%
Revenue as Reported	934.72	882.57	839.26	704.53	616.71	531.2
Advertising Expenses	-	0.97	0.86	0.64	0.44	0.55

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