SHE:300576 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	1,044	948.08	798.05	733.97	784.27	542.54
Other Revenue	1.3	1.3	1.29	1.37	1.5	1.42
Revenue	1,046	949.38	799.34	735.34	785.77	543.96
Revenue Growth (YoY)	15.14%	18.77%	8.70%	-6.42%	44.45%	19.52%
Cost of Revenue	663.96	598.64	510.44	527	567.51	379.02
Gross Profit	381.75	350.73	288.9	208.34	218.26	164.94
Selling, General & Admin	165.24	145.17	119.71	116.25	125.94	73.59
Research & Development	54.41	50.55	43.03	36.45	41.06	24.86
Other Operating Expenses	13.71	6.64	0.51	4.93	4.61	3.63
Operating Expenses	245.51	211.54	168.2	159.07	173.84	104.94
Operating Income	136.24	139.19	120.71	49.27	44.43	60
Interest Expense	-0.42	-0.56	-0.51	-0.8	-5.21	-
Interest & Investment Income	3.86	3.6	2.96	1.2	1.76	1.48
Currency Exchange Gain (Loss)	-2.1	-2.1	0.19	-0.02	-0	-0.01
Other Non Operating Income (Expenses)	-1.9	-0.32	-0.01	-0.29	-0.39	-0.56
EBT Excluding Unusual Items	135.68	139.82	123.34	49.36	40.58	60.91
Impairment of Goodwill	-	-	-4.24	-	-	-
Gain (Loss) on Sale of Investments	-5.19	-4.24	-21.17	-2.96	-	-
Gain (Loss) on Sale of Assets	0.69	0.15	-0.2	-0.05	-	0
Asset Writedown	0.29	-0.34	-0.58	-0.39	-0.11	-0.02
Other Unusual Items	7.69	6.31	0.02	11.26	5.21	2.02
Pretax Income	139.16	141.7	97.17	57.22	45.68	62.91
Income Tax Expense	24.82	18.9	12.73	5.86	5.65	6.08
Earnings From Continuing Operations	114.34	122.8	84.43	51.36	40.03	56.83
Minority Interest in Earnings	1.68	-0.45	1.05	1.33	-0.03	-
Net Income	116.02	122.35	85.49	52.69	40	56.83
Net Income to Common	116.02	122.35	85.49	52.69	40	56.83
Net Income Growth	4.11%	43.13%	62.25%	31.71%	-29.61%	50.20%
Shares Outstanding (Basic)	366	355	289	330	334	330
Shares Outstanding (Diluted)	367	355	289	330	334	330
Shares Change (YoY)	23.44%	22.93%	-12.41%	-1.11%	1.09%	0.13%
EPS (Basic)	0.32	0.34	0.30	0.16	0.12	0.17
EPS (Diluted)	0.32	0.34	0.29	0.16	0.12	0.17
EPS Growth	-14.76%	18.07%	82.66%	33.19%	-30.37%	50.00%
Free Cash Flow	5.07	-167.96	-185.2	60.7	36.6	5.94
Free Cash Flow Per Share	0.01	-0.47	-0.64	0.18	0.11	0.02
Dividend Per Share	0.075	0.075	0.052	0.032	0.026	0.038
Dividend Growth	43.95%	43.95%	64.87%	22.48%	-32.64%	48.45%
Gross Margin	36.51%	36.94%	36.14%	28.33%	27.78%	30.32%
Operating Margin	13.03%	14.66%	15.10%	6.70%	5.65%	11.03%
Profit Margin	11.09%	12.89%	10.70%	7.17%	5.09%	10.45%
Free Cash Flow Margin	0.48%	-17.69%	-23.17%	8.25%	4.66%	1.09%
EBITDA	154.67	157.64	139.18	67.25	60.82	72.83
EBITDA Margin	14.79%	16.61%	17.41%	9.14%	7.74%	13.39%
D&A For EBITDA	18.43	18.45	18.48	17.98	16.4	12.83
EBIT	136.24	139.19	120.71	49.27	44.43	60
EBIT Margin	13.03%	14.66%	15.10%	6.70%	5.65%	11.03%
Effective Tax Rate	17.83%	13.34%	13.11%	10.24%	12.37%	9.66%
Revenue as Reported	1,046	949.38	799.34	735.34	785.77	543.96
Advertising Expenses	-	0.89	0.66	0.24	0.71	0.73

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