SHE:300610 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	870.11	902.73	926.38	1,074	1,189	897.11
Other Revenue	8.56	8.56	3.38	3.96	3.15	3.14
Revenue	878.67	911.29	929.76	1,078	1,193	900.26
Revenue Growth (YoY)	-2.05%	-1.99%	-13.79%	-9.57%	32.47%	11.85%
Cost of Revenue	713.44	738.88	782.4	833.94	909.48	643.41
Gross Profit	165.23	172.4	147.36	244.47	283.12	256.85
Selling, General & Admin	93.55	91.38	90.16	100.92	101.68	98.33
Research & Development	42.44	41.69	39.11	42.6	40.9	29.91
Other Operating Expenses	-6.66	-16.36	-9.56	-6.97	-10.52	-7.77
Operating Expenses	129.03	116.39	119.33	137.14	130.44	120.93
Operating Income	36.19	56.02	28.02	107.33	152.69	135.92
Interest Expense	-1.26	-2.69	-0.83	-0.04	-0.55	-0.6
Interest & Investment Income	37.96	28.75	20.71	21.12	16.88	18.28
Currency Exchange Gain (Loss)	1.23	1.23	1.03	1.47	-0.8	-1.4
Other Non Operating Income (Expenses)	0.7	-0.21	-0.34	-1.51	-0.13	-0.31
EBT Excluding Unusual Items	74.83	83.08	48.6	128.37	168.09	151.89
Gain (Loss) on Sale of Investments	3.56	8.75	7.32	-	4.3	-
Gain (Loss) on Sale of Assets	-0.26	0	0.19	-	0.03	0.02
Asset Writedown	1.16	-5.56	-0.03	-0.45	-0.13	-1.91
Other Unusual Items	1.22	3.07	5.56	0.08	-4.54	-0.44
Pretax Income	80.5	89.36	61.63	128	167.76	149.55
Income Tax Expense	11.04	7.34	3.45	11.16	15.36	15.03
Earnings From Continuing Operations	69.46	82.02	58.18	116.84	152.4	134.52
Minority Interest in Earnings	0.56	1.87	2.33	2.42	2.39	2.79
Net Income	70.02	83.89	60.51	119.26	154.78	137.31
Net Income to Common	70.02	83.89	60.51	119.26	154.78	137.31
Net Income Growth	-20.52%	38.65%	-49.27%	-22.95%	12.73%	44.05%
Shares Outstanding (Basic)	212	215	209	213	212	211
Shares Outstanding (Diluted)	212	215	209	213	212	211
Shares Change (YoY)	2.46%	3.09%	-2.03%	0.44%	0.37%	-0.28%
EPS (Basic)	0.33	0.39	0.29	0.56	0.73	0.65
EPS (Diluted)	0.33	0.39	0.29	0.56	0.73	0.65
EPS Growth	-22.43%	34.48%	-48.21%	-23.29%	12.31%	44.44%
Free Cash Flow	23.27	98.89	18.95	109.37	107.85	61.58
Free Cash Flow Per Share	0.11	0.46	0.09	0.51	0.51	0.29
Dividend Per Share	0.200	0.200	0.180	0.330	0.350	0.286
Dividend Growth	11.11%	11.11%	-45.45%	-5.71%	22.51%	166.76%
Gross Margin	18.80%	18.92%	15.85%	22.67%	23.74%	28.53%
Operating Margin	4.12%	6.15%	3.01%	9.95%	12.80%	15.10%
Profit Margin	7.97%	9.21%	6.51%	11.06%	12.98%	15.25%
Free Cash Flow Margin	2.65%	10.85%	2.04%	10.14%	9.04%	6.84%
EBITDA	73.55	94.13	67.15	143.4	187.19	165.14
EBITDA Margin	8.37%	10.33%	7.22%	13.30%	15.70%	18.34%
D&A For EBITDA	37.36	38.12	39.12	36.07	34.5	29.23
EBIT	36.19	56.02	28.02	107.33	152.69	135.92
EBIT Margin	4.12%	6.15%	3.01%	9.95%	12.80%	15.10%
Effective Tax Rate	13.71%	8.21%	5.60%	8.71%	9.16%	10.05%
Revenue as Reported	878.67	911.29	929.76	1,078	1,193	900.26
Advertising Expenses	-	0.82	0.85	0.21	0.12	0.91

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