SHE:300809 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	505.91	444.55	478.22	334.35	407.31	228.69
Other Revenue	1.44	1.44	0.94	1.96	2.14	1.95
Revenue	507.35	445.99	479.16	336.31	409.46	230.64
Revenue Growth (YoY)	20.10%	-6.92%	42.48%	-17.86%	77.53%	-45.73%
Cost of Revenue	361.9	322.22	315.14	224.34	258.11	125.03
Gross Profit	145.45	123.76	164.02	111.98	151.34	105.61
Selling, General & Admin	52.02	46.9	46.19	40.01	41.94	31.75
Research & Development	53.51	40.77	33.62	32.84	29.23	19.26
Other Operating Expenses	-6.98	-3	-4.84	0.04	3.82	2.66
Operating Expenses	139.88	111.92	57.01	110.78	95.11	83.76
Operating Income	5.57	11.84	107.01	1.2	56.24	21.85
Interest Expense	-	-0.01	-0.28	-0.34	-1.39	-1.78
Interest & Investment Income	32.68	33.2	33.14	43.85	29.8	29.28
Currency Exchange Gain (Loss)	0.87	0.87	0.57	-1.36	-0.18	-2.64
Other Non Operating Income (Expenses)	-1.7	-1.21	-1.85	0.01	-0.95	-0.94
EBT Excluding Unusual Items	37.42	44.69	138.59	43.36	83.52	45.77
Gain (Loss) on Sale of Investments	1.52	11	-9.14	10.12	-4.09	-15.83
Gain (Loss) on Sale of Assets	-0.1	-0.14	-0.13	-0.09	0	-0.01
Asset Writedown	-0.21	-	-	-0.04	-0.02	-0.01
Other Unusual Items	10.87	11.53	8.85	2.53	10.99	7.78
Pretax Income	49.51	67.08	138.17	55.88	90.39	37.7
Income Tax Expense	0.52	2.8	15.42	1.11	9.43	4.53
Earnings From Continuing Operations	48.99	64.28	122.75	54.76	80.96	33.17
Minority Interest in Earnings	-1.75	-2.3	-5	-7.55	-4.38	0.38
Net Income	47.23	61.98	117.75	47.21	76.58	33.54
Net Income to Common	47.23	61.98	117.75	47.21	76.58	33.54
Net Income Growth	-40.76%	-47.36%	149.41%	-38.35%	128.29%	-76.27%
Shares Outstanding (Basic)	260	258	251	157	250	255
Shares Outstanding (Diluted)	260	258	251	157	250	255
Shares Change (YoY)	3.91%	3.08%	59.20%	-37.05%	-2.14%	35.54%
EPS (Basic)	0.18	0.24	0.47	0.30	0.31	0.13
EPS (Diluted)	0.18	0.24	0.47	0.30	0.31	0.13
EPS Growth	-42.99%	-48.94%	56.67%	-2.06%	133.28%	-82.49%
Free Cash Flow	120.15	80.16	-128.41	11.11	15.97	83.78
Free Cash Flow Per Share	0.46	0.31	-0.51	0.07	0.06	0.33
Dividend Per Share	0.120	0.120	0.100	0.100	0.125	0.125
Dividend Growth	-	20.00%	-	-20.00%	-	9.27%
Gross Margin	28.67%	27.75%	34.23%	33.30%	36.96%	45.79%
Operating Margin	1.10%	2.66%	22.33%	0.36%	13.73%	9.47%
Profit Margin	9.31%	13.90%	24.57%	14.04%	18.70%	14.54%
Free Cash Flow Margin	23.68%	17.97%	-26.80%	3.30%	3.90%	36.32%
EBITDA	52.25	50.29	134.47	28.67	82.63	39.4
EBITDA Margin	10.30%	11.28%	28.06%	8.53%	20.18%	17.08%
D&A For EBITDA	46.68	38.44	27.45	27.47	26.39	17.55
EBIT	5.57	11.84	107.01	1.2	56.24	21.85
EBIT Margin	1.10%	2.66%	22.33%	0.36%	13.73%	9.47%
Effective Tax Rate	1.06%	4.17%	11.16%	1.99%	10.44%	12.03%
Revenue as Reported	507.35	445.99	479.16	336.31	409.46	230.64
Advertising Expenses	-	0.96	1.25	0.63	0.36	0.01

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