SHE:300952 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	1,274	1,266	972.52	884.56	938.99	789.86
Other Revenue	4.02	4.02	4.44	8.56	10.53	39.4
Revenue	1,278	1,270	976.96	893.12	949.52	829.26
Revenue Growth (YoY)	10.83%	29.95%	9.39%	-5.94%	14.50%	38.86%
Cost of Revenue	1,014	994.71	732.93	671.81	734.11	612.8
Gross Profit	264.36	274.89	244.03	221.31	215.41	216.46
Selling, General & Admin	82.43	84.85	75.94	66.67	57.55	34.8
Research & Development	64.28	63.27	49.83	47.43	50.69	27.17
Other Operating Expenses	35.9	10.51	9.86	9.91	4.1	4.99
Operating Expenses	181.84	164.54	138.88	124.64	113.58	69.07
Operating Income	82.52	110.35	105.14	96.67	101.83	147.4
Interest Expense	-7.92	-8.05	-2.06	-1.48	-1.77	-1.84
Interest & Investment Income	2.92	2.89	1.36	2.35	3.21	0.11
Currency Exchange Gain (Loss)	13.79	13.79	0.31	13.27	-6.53	-11.93
Other Non Operating Income (Expenses)	-1.05	-1.94	-1.96	-0.19	-1.39	-1.58
EBT Excluding Unusual Items	90.25	117.03	102.8	110.63	95.35	132.16
Gain (Loss) on Sale of Investments	0.22	0.21	0.01	0.01	0.27	-
Gain (Loss) on Sale of Assets	0.07	0.01	-	0.1	-2.85	-0.93
Asset Writedown	1.54	-0.03	-	-	-	-
Other Unusual Items	35.58	25.84	26.91	38.41	11.85	2.02
Pretax Income	127.66	143.06	129.71	149.15	104.62	133.25
Income Tax Expense	15.42	17.54	18.77	23.37	7.09	21.25
Earnings From Continuing Operations	112.24	125.53	110.94	125.78	97.52	112
Minority Interest in Earnings	-7.79	-8.98	-5.12	-4.08	-4.96	-6.05
Net Income	104.45	116.54	105.82	121.7	92.56	105.95
Net Income to Common	104.45	116.54	105.82	121.7	92.56	105.95
Net Income Growth	-2.00%	10.13%	-13.05%	31.49%	-12.64%	9.40%
Shares Outstanding (Basic)	154	146	145	145	136	109
Shares Outstanding (Diluted)	182	153	145	145	136	109
Shares Change (YoY)	25.45%	5.79%	0.05%	6.44%	24.62%	0.38%
EPS (Basic)	0.68	0.80	0.73	0.84	0.68	0.97
EPS (Diluted)	0.57	0.76	0.73	0.84	0.68	0.97
EPS Growth	-21.89%	4.11%	-13.10%	23.53%	-29.90%	8.99%
Free Cash Flow	-320.49	-228.8	-112.56	-127.59	-74	-64.7
Free Cash Flow Per Share	-1.76	-1.49	-0.78	-0.88	-0.54	-0.59
Dividend Per Share	0.230	0.150	0.290	0.149	0.110	0.220
Dividend Growth	-8.00%	-48.28%	94.20%	35.76%	-50.00%	-
Gross Margin	20.68%	21.65%	24.98%	24.78%	22.69%	26.10%
Operating Margin	6.46%	8.69%	10.76%	10.82%	10.72%	17.77%
Profit Margin	8.17%	9.18%	10.83%	13.63%	9.75%	12.78%
Free Cash Flow Margin	-25.08%	-18.02%	-11.52%	-14.29%	-7.79%	-7.80%
EBITDA	184.52	199.09	176.21	151.28	143.39	175.19
EBITDA Margin	14.44%	15.68%	18.04%	16.94%	15.10%	21.13%
D&A For EBITDA	102	88.74	71.06	54.61	41.56	27.8
EBIT	82.52	110.35	105.14	96.67	101.83	147.4
EBIT Margin	6.46%	8.69%	10.76%	10.82%	10.72%	17.77%
Effective Tax Rate	12.08%	12.26%	14.47%	15.67%	6.78%	15.94%
Revenue as Reported	1,278	1,270	976.96	893.12	949.52	829.26
Advertising Expenses	-	6.14	5.2	1.29	1.31	1.21

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