SHE:300802 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	763.26	654.76	551.64	667.78	577.29	474.9
Other Revenue	7.38	7.38	9.3	15.77	10.73	7.35
Revenue	770.64	662.14	560.94	683.55	588.03	482.26
Revenue Growth (YoY)	26.11%	18.04%	-17.94%	16.24%	21.93%	13.94%
Cost of Revenue	558.11	485.23	398.85	450.38	393.45	314.66
Gross Profit	212.53	176.91	162.08	233.17	194.58	167.59
Selling, General & Admin	69.5	59.59	51.63	53.61	46.19	38.59
Research & Development	73.27	69.57	62.8	66.57	48.45	28.69
Other Operating Expenses	-3.61	-3.87	-4.89	-7.79	-5.23	-2.46
Operating Expenses	147.93	128.41	116.14	111.92	91.31	65.34
Operating Income	64.6	48.5	45.94	121.25	103.28	102.25
Interest Expense	-4	-2.28	-1.67	-0.46	-0.45	-0.25
Interest & Investment Income	20.52	20.68	38.2	8.16	11.93	14.74
Currency Exchange Gain (Loss)	4.3	4.3	0.88	9.12	-3.92	-12.75
Other Non Operating Income (Expenses)	-2.18	-1.03	-0.45	-0.26	-0.25	-0.27
EBT Excluding Unusual Items	83.24	70.16	82.9	137.82	110.59	103.72
Gain (Loss) on Sale of Investments	3.33	1.57	6.49	9.93	-0.24	0.24
Gain (Loss) on Sale of Assets	0.13	0.19	-0.01	0	-	-0.01
Asset Writedown	6.55	-0.02	-0	-0	-0.01	-0.08
Other Unusual Items	-0.07	-0.07	1.65	1.73	1.17	4.45
Pretax Income	93.19	71.84	91.02	149.48	111.51	108.32
Income Tax Expense	7.41	7.13	9.68	20.69	12.92	16.03
Earnings From Continuing Operations	85.78	64.71	81.34	128.79	98.59	92.29
Minority Interest in Earnings	1.35	1.59	1.09	0.15	2.16	-3.13
Net Income	87.12	66.3	82.43	128.94	100.74	89.16
Net Income to Common	87.12	66.3	82.43	128.94	100.74	89.16
Net Income Growth	10.50%	-19.57%	-36.07%	27.99%	12.99%	3.14%
Shares Outstanding (Basic)	291	288	275	211	260	259
Shares Outstanding (Diluted)	291	288	275	211	260	259
Shares Change (YoY)	3.67%	4.91%	29.99%	-18.70%	0.24%	31.25%
EPS (Basic)	0.30	0.23	0.30	0.61	0.39	0.34
EPS (Diluted)	0.30	0.23	0.30	0.61	0.39	0.34
EPS Growth	6.59%	-23.33%	-50.82%	57.42%	12.71%	-21.42%
Free Cash Flow	-14.62	5.87	114.36	-10.02	-8.94	17.99
Free Cash Flow Per Share	-0.05	0.02	0.42	-0.05	-0.03	0.07
Dividend Per Share	0.160	0.160	0.160	0.160	0.094	0.077
Dividend Growth	-	-	-	70.58%	21.98%	-1.54%
Gross Margin	27.58%	26.72%	28.89%	34.11%	33.09%	34.75%
Operating Margin	8.38%	7.32%	8.19%	17.74%	17.56%	21.20%
Profit Margin	11.30%	10.01%	14.70%	18.86%	17.13%	18.49%
Free Cash Flow Margin	-1.90%	0.89%	20.39%	-1.47%	-1.52%	3.73%
EBITDA	76.78	59.79	56.05	129.86	111.33	109.93
EBITDA Margin	9.96%	9.03%	9.99%	19.00%	18.93%	22.79%
D&A For EBITDA	12.18	11.29	10.11	8.6	8.06	7.67
EBIT	64.6	48.5	45.94	121.25	103.28	102.25
EBIT Margin	8.38%	7.32%	8.19%	17.74%	17.56%	21.20%
Effective Tax Rate	7.95%	9.93%	10.64%	13.84%	11.59%	14.80%
Revenue as Reported	770.64	662.14	560.94	683.55	588.03	482.26
Advertising Expenses	-	2.76	2.06	0.91	2.38	1.99

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