SHE:300629 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	339.44	473.42	508.7	428.39	355.25	313.11
Other Revenue	7.23	7.23	2.39	2	5.04	5.27
Revenue	346.67	480.65	511.09	430.4	360.3	318.38
Revenue Growth (YoY)	-34.75%	-5.96%	18.75%	19.45%	13.17%	64.44%
Cost of Revenue	139.92	182.69	202.23	172.44	154.95	195.33
Gross Profit	206.75	297.96	308.86	257.96	205.35	123.05
Selling, General & Admin	47.48	49.78	54.1	50.35	43.6	50.5
Research & Development	43.46	47.79	55.74	48.79	46.65	32.88
Other Operating Expenses	3.82	6.36	4.67	4.22	1.81	2.14
Operating Expenses	150.18	134.04	133.14	109.61	96.52	87.15
Operating Income	56.57	163.91	175.72	148.35	108.83	35.9
Interest Expense	-7.07	-7.3	-5.31	-3.4	-3.93	-12.39
Interest & Investment Income	1.72	2.86	1.85	2.34	2.99	7.76
Currency Exchange Gain (Loss)	-	-	-	-	0.01	-5.62
Other Non Operating Income (Expenses)	-7	-6.67	-1.23	-0.41	1.81	-4.21
EBT Excluding Unusual Items	44.23	152.8	171.04	146.88	109.7	21.44
Gain (Loss) on Sale of Investments	0.14	0.01	0.37	4.77	4.18	0.79
Gain (Loss) on Sale of Assets	-	0.02	0	0.22	0.17	19.43
Asset Writedown	-8.29	-0.1	-3.38	-2.31	-4.87	-0.05
Other Unusual Items	-3.19	-3.99	2.68	1.35	3.98	13.35
Pretax Income	32.88	148.74	170.72	150.91	113.17	54.97
Income Tax Expense	2.15	19.9	26.61	19.39	16.14	4.73
Earnings From Continuing Operations	30.73	128.85	144.11	131.52	97.03	50.24
Minority Interest in Earnings	-11.96	-8.55	-4.92	-	-	-
Net Income	18.78	120.29	139.19	131.52	97.03	50.24
Net Income to Common	18.78	120.29	139.19	131.52	97.03	50.24
Net Income Growth	-86.58%	-13.58%	5.83%	35.54%	93.14%	-
Shares Outstanding (Basic)	232	231	236	235	229	218
Shares Outstanding (Diluted)	232	231	240	239	229	218
Shares Change (YoY)	-7.17%	-3.60%	0.36%	4.27%	5.36%	22.86%
EPS (Basic)	0.08	0.52	0.59	0.56	0.42	0.23
EPS (Diluted)	0.08	0.52	0.58	0.55	0.42	0.23
EPS Growth	-85.55%	-10.35%	5.46%	29.99%	83.32%	-
Free Cash Flow	103.97	-41.94	-54.97	-157.07	124.78	106.25
Free Cash Flow Per Share	0.45	-0.18	-0.23	-0.66	0.54	0.49
Dividend Per Share	0.100	0.100	0.100	0.077	0.059	0.059
Dividend Growth	-	-	30.04%	29.90%	-	-
Gross Margin	59.64%	61.99%	60.43%	59.94%	56.99%	38.65%
Operating Margin	16.32%	34.10%	34.38%	34.47%	30.20%	11.28%
Profit Margin	5.42%	25.03%	27.23%	30.56%	26.93%	15.78%
Free Cash Flow Margin	29.99%	-8.73%	-10.76%	-36.49%	34.63%	33.37%
EBITDA	67.97	175.08	186.58	159.09	119.13	47.37
EBITDA Margin	19.61%	36.43%	36.51%	36.96%	33.06%	14.88%
D&A For EBITDA	11.39	11.16	10.86	10.74	10.31	11.47
EBIT	56.57	163.91	175.72	148.35	108.83	35.9
EBIT Margin	16.32%	34.10%	34.38%	34.47%	30.20%	11.28%
Effective Tax Rate	6.54%	13.38%	15.58%	12.85%	14.26%	8.60%
Revenue as Reported	346.67	480.65	511.09	430.4	360.3	318.38
Advertising Expenses	-	0.04	-	-	0	0.22

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