SHE:300553 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	316.18	245.81	233.18	213.79	204.41	144.23
Other Revenue	22.82	22.82	21.73	23.12	21.2	20.42
Revenue	339	268.63	254.91	236.91	225.61	164.65
Revenue Growth (YoY)	44.25%	5.38%	7.60%	5.01%	37.02%	-1.01%
Cost of Revenue	205.23	160.27	149.33	143.06	130.73	94.7
Gross Profit	133.77	108.36	105.58	93.85	94.87	69.94
Selling, General & Admin	70.02	67.27	62.65	58.29	55.51	44.05
Research & Development	43.86	43.52	38.63	28.41	24.06	27.45
Other Operating Expenses	-0.01	-6.58	-5.13	-5.26	-4.09	-4.68
Operating Expenses	116.27	104.52	99.87	82.01	74.69	68.97
Operating Income	17.5	3.83	5.71	11.84	20.19	0.97
Interest Expense	-4.13	-1.79	-0.48	-1.14	-0.21	-
Interest & Investment Income	22.16	10.63	11.81	6.42	2.81	0.57
Earnings From Equity Investments	-	-	-	-	-	0.29
Currency Exchange Gain (Loss)	0.32	0.32	0.01	0.25	-0.22	0.01
Other Non Operating Income (Expenses)	-0.84	-1.15	-0.75	-0.4	-0.27	0.02
EBT Excluding Unusual Items	35.01	11.83	16.3	16.97	22.3	1.86
Gain (Loss) on Sale of Investments	-9.89	-1.18	10.91	-0.04	0.75	10.59
Gain (Loss) on Sale of Assets	0.25	0.1	0.06	0.08	0.29	-0.26
Other Unusual Items	22.11	6.01	5.14	0.34	2.57	-0.15
Pretax Income	47.09	16.75	32.4	17.34	25.91	12.04
Income Tax Expense	3.39	3.16	2.28	-0.32	2.14	1.86
Earnings From Continuing Operations	43.71	13.6	30.12	17.67	23.77	10.18
Minority Interest in Earnings	-6.45	5.5	2.62	0.89	0.98	2.55
Net Income	37.25	19.1	32.73	18.56	24.75	12.73
Net Income to Common	37.25	19.1	32.73	18.56	24.75	12.73
Net Income Growth	200.69%	-41.65%	76.38%	-25.01%	94.39%	-38.96%
Shares Outstanding (Basic)	126	103	106	97	80	80
Shares Outstanding (Diluted)	126	103	106	97	80	80
Shares Change (YoY)	43.26%	-2.74%	10.23%	19.99%	0.95%	-2.82%
EPS (Basic)	0.30	0.18	0.31	0.19	0.31	0.16
EPS (Diluted)	0.30	0.18	0.31	0.19	0.31	0.16
EPS Growth	109.90%	-40.01%	60.01%	-37.50%	92.55%	-37.19%
Free Cash Flow	-49.05	-83.53	-121.26	-51.19	-109.52	15.86
Free Cash Flow Per Share	-0.39	-0.81	-1.14	-0.53	-1.36	0.20
Dividend Per Share	-	-	0.054	0.059	-	0.118
Dividend Growth	-	-	-9.12%	-	-	-
Gross Margin	39.46%	40.34%	41.42%	39.61%	42.05%	42.48%
Operating Margin	5.16%	1.43%	2.24%	5.00%	8.95%	0.59%
Profit Margin	10.99%	7.11%	12.84%	7.83%	10.97%	7.73%
Free Cash Flow Margin	-14.47%	-31.09%	-47.57%	-21.61%	-48.55%	9.63%
EBITDA	26.51	12.73	14.46	20.77	28.61	9.45
EBITDA Margin	7.82%	4.74%	5.67%	8.77%	12.68%	5.74%
D&A For EBITDA	9	8.9	8.75	8.93	8.42	8.48
EBIT	17.5	3.83	5.71	11.84	20.19	0.97
EBIT Margin	5.16%	1.43%	2.24%	5.00%	8.95%	0.59%
Effective Tax Rate	7.19%	18.85%	7.05%	-	8.25%	15.45%
Revenue as Reported	339	268.63	254.91	-	225.61	-
Advertising Expenses	-	0.93	1.03	1.44	1.27	1.45

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