SHE:300539 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	889.67	733.81	653.67	637.69	646.85	543.31
Other Revenue	17.19	17.19	23.94	30.35	49.16	34.86
Revenue	906.86	751	677.61	668.04	696.02	578.17
Revenue Growth (YoY)	24.85%	10.83%	1.43%	-4.02%	20.38%	3.86%
Cost of Revenue	729.47	591.1	540.76	536.79	575.9	471.84
Gross Profit	177.39	159.9	136.84	131.25	120.12	106.33
Selling, General & Admin	66.16	62.53	53.08	52.25	49.23	46.63
Research & Development	33.83	35.72	33.46	33.85	26.81	22.63
Other Operating Expenses	12.31	7.33	6.34	6.99	7.51	5.19
Operating Expenses	119.92	109.91	93.86	95.86	83.51	76.79
Operating Income	57.47	49.99	42.99	35.39	36.61	29.54
Interest Expense	-13.07	-12.24	-12.21	-13.75	-13.16	-12.28
Interest & Investment Income	0.84	0.35	0.32	0.38	0.35	0.22
Currency Exchange Gain (Loss)	0.95	0.95	1.93	3.12	-1.05	-4.12
Other Non Operating Income (Expenses)	1.24	-0.13	-0.49	0.4	-0.25	-0.31
EBT Excluding Unusual Items	47.42	38.93	32.53	25.55	22.49	13.04
Gain (Loss) on Sale of Investments	0.01	-1.15	-0.29	-1.47	0.21	-
Gain (Loss) on Sale of Assets	0.1	0.08	-0.01	0.11	0.18	-0.64
Asset Writedown	-0.24	-0.09	-0	-0.05	0	-0.19
Legal Settlements	-	-	-	-	-	-0.03
Other Unusual Items	8.78	3.82	2.02	3.83	2.39	4.99
Pretax Income	56.07	41.59	34.24	27.97	25.28	17.18
Income Tax Expense	2.82	2.56	1.45	-0.19	3.68	3.78
Earnings From Continuing Operations	53.25	39.03	32.8	28.16	21.6	13.4
Minority Interest in Earnings	-2	-1.03	1.07	-0.21	0.46	1.11
Net Income	51.25	38	33.87	27.95	22.06	14.51
Net Income to Common	51.25	38	33.87	27.95	22.06	14.51
Net Income Growth	67.57%	12.18%	21.18%	26.74%	51.98%	48.67%
Shares Outstanding (Basic)	224	224	226	215	221	207
Shares Outstanding (Diluted)	224	224	226	215	221	207
Shares Change (YoY)	2.10%	-1.01%	5.02%	-2.51%	6.38%	-15.04%
EPS (Basic)	0.23	0.17	0.15	0.13	0.10	0.07
EPS (Diluted)	0.23	0.17	0.15	0.13	0.10	0.07
EPS Growth	64.13%	13.33%	15.38%	30.00%	42.86%	75.00%
Free Cash Flow	-53.73	-64.13	65.94	13.44	12.56	30.69
Free Cash Flow Per Share	-0.24	-0.29	0.29	0.06	0.06	0.15
Dividend Per Share	0.135	0.135	0.080	0.080	0.080	0.080
Dividend Growth	68.75%	68.75%	-	-	0.11%	119.73%
Gross Margin	19.56%	21.29%	20.20%	19.65%	17.26%	18.39%
Operating Margin	6.34%	6.66%	6.34%	5.30%	5.26%	5.11%
Profit Margin	5.65%	5.06%	5.00%	4.18%	3.17%	2.51%
Free Cash Flow Margin	-5.92%	-8.54%	9.73%	2.01%	1.80%	5.31%
EBITDA	103.12	95.88	89.18	81.33	84.08	74.06
EBITDA Margin	11.37%	12.77%	13.16%	12.17%	12.08%	12.81%
D&A For EBITDA	45.65	45.88	46.19	45.94	47.47	44.53
EBIT	57.47	49.99	42.99	35.39	36.61	29.54
EBIT Margin	6.34%	6.66%	6.34%	5.30%	5.26%	5.11%
Effective Tax Rate	5.03%	6.15%	4.22%	-	14.56%	22.01%
Revenue as Reported	906.86	751	677.61	668.04	696.02	578.17
Advertising Expenses	-	0	0.12	0.12	0.28	0.03

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