SHE:300717 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	354.59	317.85	310.44	315.13	306.11	263.12
Other Revenue	0.88	0.88	16.61	29.13	17.47	0.3
Revenue	355.47	318.73	327.05	344.26	323.57	263.42
Revenue Growth (YoY)	11.55%	-2.54%	-5.00%	6.39%	22.84%	-16.56%
Cost of Revenue	248.79	220.54	240.01	269.53	260.75	193.96
Gross Profit	106.67	98.19	87.04	74.73	62.83	69.46
Selling, General & Admin	33.36	30.94	27.99	26.15	21.82	15.43
Research & Development	14.92	15.58	14.47	13.97	12.74	8.19
Other Operating Expenses	6.22	4.48	4.71	3.91	2.89	2.52
Operating Expenses	49.93	50.63	47.2	44.47	40.43	27.69
Operating Income	56.75	47.57	39.85	30.26	22.4	41.77
Interest Expense	-1.26	-0.35	-0.08	-0	-0	-
Interest & Investment Income	7.23	7.52	5.87	1.26	0.83	1.13
Currency Exchange Gain (Loss)	3.32	3.32	1.17	11.2	-2.13	-4.07
Other Non Operating Income (Expenses)	-3.27	-0.24	-0.19	-0.45	-0.17	-0.14
EBT Excluding Unusual Items	62.76	57.81	46.61	42.27	20.92	38.69
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.01
Other Unusual Items	3.16	1.84	2.33	1.48	2.39	3.36
Pretax Income	65.92	59.66	48.94	43.75	23.32	42.06
Income Tax Expense	9.36	9.06	7.96	3.68	2.35	5.79
Earnings From Continuing Operations	56.56	50.6	40.98	40.07	20.97	36.27
Minority Interest in Earnings	0.42	0	-	-	-	-
Net Income	56.99	50.6	40.98	40.07	20.97	36.27
Net Income to Common	56.99	50.6	40.98	40.07	20.97	36.27
Net Income Growth	25.28%	23.46%	2.28%	91.10%	-42.20%	-29.85%
Shares Outstanding (Basic)	102	103	102	103	100	104
Shares Outstanding (Diluted)	102	103	102	103	100	104
Shares Change (YoY)	-1.71%	0.79%	-0.27%	2.90%	-3.66%	0.21%
EPS (Basic)	0.56	0.49	0.40	0.39	0.21	0.35
EPS (Diluted)	0.56	0.49	0.40	0.39	0.21	0.35
EPS Growth	27.46%	22.50%	2.56%	85.71%	-40.00%	-30.00%
Free Cash Flow	-99.86	-86	45.93	37.97	6.53	12.28
Free Cash Flow Per Share	-0.98	-0.83	0.45	0.37	0.07	0.12
Dividend Per Share	0.300	0.200	0.200	0.200	0.050	0.100
Dividend Growth	50.00%	-	-	300.00%	-50.00%	-50.00%
Gross Margin	30.01%	30.81%	26.61%	21.71%	19.42%	26.37%
Operating Margin	15.96%	14.92%	12.18%	8.79%	6.92%	15.86%
Profit Margin	16.03%	15.87%	12.53%	11.64%	6.48%	13.77%
Free Cash Flow Margin	-28.09%	-26.98%	14.04%	11.03%	2.02%	4.66%
EBITDA	79.81	71.43	64.77	55.8	43.47	59.77
EBITDA Margin	22.45%	22.41%	19.80%	16.21%	13.43%	22.69%
D&A For EBITDA	23.06	23.86	24.92	25.55	21.07	18
EBIT	56.75	47.57	39.85	30.26	22.4	41.77
EBIT Margin	15.96%	14.92%	12.18%	8.79%	6.92%	15.86%
Effective Tax Rate	14.19%	15.19%	16.27%	8.42%	10.09%	13.76%
Revenue as Reported	355.47	318.73	327.05	344.26	323.57	263.42
Advertising Expenses	-	1.11	0.69	0.59	0.31	0.39

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