SHE:300627 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
Revenue	3,602	3,251	2,678	2,236	1,903	1,410
Revenue Growth (YoY)	15.42%	21.38%	19.77%	17.50%	35.02%	23.05%
Cost of Revenue	1,485	1,374	1,159	974.06	871.68	647.01
Gross Profit	2,116	1,877	1,520	1,262	1,031	762.51
Selling, General & Admin	967.54	857.5	707.15	630.96	536.59	402.85
Research & Development	473.35	469.02	462.11	403.05	332.79	204.98
Other Operating Expenses	-51.65	-61.78	-47.07	-45.85	-49.15	-36.22
Operating Expenses	1,443	1,320	1,149	1,016	816.17	587.55
Operating Income	673.11	556.33	371.09	245.74	215.32	174.96
Interest Expense	-5.88	-7.09	-8.81	-6.06	-4.16	-4.84
Interest & Investment Income	59.5	78.65	26.87	32.32	22.18	23.7
Currency Exchange Gain (Loss)	-12.37	-12.37	2.22	12.94	-9.04	-9.47
Other Non Operating Income (Expenses)	28.58	-9.49	-9.08	-1.61	-2.92	-0.96
EBT Excluding Unusual Items	742.94	606.03	382.29	283.33	221.37	183.39
Impairment of Goodwill	-2.2	-2.2	-	-	-	-13.63
Gain (Loss) on Sale of Investments	-5.29	-8.5	9.46	-7.13	10.14	0.52
Gain (Loss) on Sale of Assets	1.4	1.47	0.09	4.18	0.6	0.09
Asset Writedown	-5.71	-1.7	-2.37	-1	-3.93	-6.73
Other Unusual Items	25.66	25.66	62.96	67.56	61.91	53.72
Pretax Income	768.05	632.02	457.08	353.25	291.63	219.02
Income Tax Expense	55.22	48.77	13.38	-7.33	1.95	20.78
Earnings From Continuing Operations	712.83	583.25	443.7	360.58	289.68	198.24
Minority Interest in Earnings	-26.52	0.15	5.44	0.71	4.65	-1.3
Net Income	686.32	583.4	449.14	361.29	294.34	196.94
Net Income to Common	686.32	583.4	449.14	361.29	294.34	196.94
Net Income Growth	23.41%	29.89%	24.32%	22.75%	49.45%	41.99%
Shares Outstanding (Basic)	769	764	753	743	703	661
Shares Outstanding (Diluted)	777	767	755	749	712	669
Shares Change (YoY)	1.93%	1.60%	0.73%	5.31%	6.38%	1.14%
EPS (Basic)	0.89	0.76	0.60	0.49	0.42	0.30
EPS (Diluted)	0.88	0.76	0.59	0.48	0.41	0.29
EPS Growth	21.07%	27.85%	23.42%	16.56%	40.49%	40.39%
Free Cash Flow	700.68	595.92	304.94	-2.57	96.01	115.19
Free Cash Flow Per Share	0.90	0.78	0.40	-0.00	0.14	0.17
Dividend Per Share	0.357	0.357	0.250	0.193	0.153	0.128
Dividend Growth	42.84%	42.84%	29.60%	26.00%	19.98%	16.64%
Gross Margin	58.76%	57.72%	56.75%	56.44%	54.20%	54.10%
Operating Margin	18.69%	17.11%	13.86%	10.99%	11.31%	12.41%
Profit Margin	19.05%	17.95%	16.77%	16.16%	15.47%	13.97%
Free Cash Flow Margin	19.45%	18.33%	11.39%	-0.11%	5.04%	8.17%
EBITDA	752.65	645.97	474.17	321	267.28	212.74
EBITDA Margin	20.90%	19.87%	17.70%	14.35%	14.04%	15.09%
D&A For EBITDA	79.54	89.63	103.08	75.26	51.95	37.78
EBIT	673.11	556.33	371.09	245.74	215.32	174.96
EBIT Margin	18.69%	17.11%	13.86%	10.99%	11.31%	12.41%
Effective Tax Rate	7.19%	7.72%	2.93%	-	0.67%	9.49%
Revenue as Reported	3,602	3,251	2,678	2,236	1,903	1,410
Advertising Expenses	-	42	35.2	-	18.36	13.27

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