SHE:300705 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	3,052	2,930	2,691	2,325	1,627	975.71
Other Revenue	1.15	1.15	1.02	0.89	0.82	2.45
Revenue	3,053	2,931	2,693	2,326	1,628	978.16
Revenue Growth (YoY)	3.65%	8.85%	15.75%	42.92%	66.40%	5.85%
Cost of Revenue	806.75	790.88	621.79	522.52	365.47	253.29
Gross Profit	2,246	2,140	2,071	1,804	1,262	724.87
Selling, General & Admin	1,461	1,331	1,405	1,285	878.31	547.49
Research & Development	252.69	245.97	254.12	201.26	146.26	81.68
Other Operating Expenses	39.83	25.15	28.47	25.87	21.04	14.26
Operating Expenses	1,755	1,598	1,696	1,525	1,051	646.72
Operating Income	491.32	541.62	375.12	278.84	211.22	78.16
Interest Expense	-13.55	-18.63	-11.06	-18.42	-16.01	-5.25
Interest & Investment Income	3.73	8.56	7.67	6.8	5.82	0.84
Currency Exchange Gain (Loss)	-0.26	-0.26	-0.42	-0.27	-0.14	-0.34
Other Non Operating Income (Expenses)	-4.4	-0.58	-0.29	-0.24	-0.19	-0.13
EBT Excluding Unusual Items	476.84	530.71	371.02	266.71	200.7	73.28
Gain (Loss) on Sale of Investments	-0.34	-	-	-	-	-
Gain (Loss) on Sale of Assets	0.05	-	0.03	-	0.02	-
Asset Writedown	-0.83	-1.92	-1.46	-1.3	-1.9	-1.39
Other Unusual Items	43.4	43.4	32.57	24.81	27.38	18.95
Pretax Income	519.11	572.19	402.16	290.22	226.19	90.84
Income Tax Expense	50.11	59.82	33.9	20.52	21.94	8.58
Earnings From Continuing Operations	469	512.38	368.26	269.7	204.25	82.26
Minority Interest in Earnings	0	-	-	-	-	-
Net Income	469	512.38	368.26	269.7	204.25	82.26
Net Income to Common	469	512.38	368.26	269.7	204.25	82.26
Net Income Growth	-7.68%	39.13%	36.55%	32.05%	148.29%	49.38%
Shares Outstanding (Basic)	497	488	478	460	461	461
Shares Outstanding (Diluted)	512	493	504	460	461	461
Shares Change (YoY)	0.79%	-2.34%	9.55%	-0.15%	0.13%	-1.89%
EPS (Basic)	0.94	1.05	0.77	0.59	0.44	0.18
EPS (Diluted)	0.92	1.04	0.73	0.59	0.44	0.18
EPS Growth	-8.40%	42.47%	24.64%	32.24%	147.98%	52.26%
Free Cash Flow	125.17	348.5	4.37	-144.39	64.94	71.64
Free Cash Flow Per Share	0.24	0.71	0.01	-0.31	0.14	0.16
Dividend Per Share	0.313	0.313	0.229	0.169	0.133	0.022
Dividend Growth	36.49%	36.49%	36.00%	26.67%	507.76%	19.02%
Gross Margin	73.57%	73.01%	76.91%	77.54%	77.55%	74.11%
Operating Margin	16.09%	18.48%	13.93%	11.99%	12.98%	7.99%
Profit Margin	15.36%	17.48%	13.68%	11.59%	12.55%	8.41%
Free Cash Flow Margin	4.10%	11.89%	0.16%	-6.21%	3.99%	7.32%
EBITDA	599.25	633.88	446.5	338.49	264.8	126.39
EBITDA Margin	19.63%	21.63%	16.58%	14.55%	16.27%	12.92%
D&A For EBITDA	107.92	92.26	71.37	59.64	53.58	48.24
EBIT	491.32	541.62	375.12	278.84	211.22	78.16
EBIT Margin	16.09%	18.48%	13.93%	11.99%	12.98%	7.99%
Effective Tax Rate	9.65%	10.45%	8.43%	7.07%	9.70%	9.45%
Revenue as Reported	3,053	2,931	2,693	2,326	1,628	978.16
Advertising Expenses	-	79.64	73.01	77.41	28.51	1.8

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