SHE:300971 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	508.34	384.16	426.21	411.69	389.31	360.83
Other Revenue	1.25	1.25	1.48	2.91	3.19	3.32
Revenue	509.59	385.41	427.7	414.59	392.49	364.15
Revenue Growth (YoY)	29.58%	-9.89%	3.16%	5.63%	7.78%	23.18%
Cost of Revenue	296.2	220.93	254.9	259.71	206.08	178.63
Gross Profit	213.38	164.48	172.8	154.88	186.41	185.51
Selling, General & Admin	92.61	78.56	72.71	66.64	64.47	56.94
Research & Development	46.31	46.1	47.24	46.28	37.57	34.63
Other Operating Expenses	-1.89	-4.5	-7.8	-16.2	-0.91	-2.74
Operating Expenses	149.83	125.26	114.84	101.23	104.21	91.89
Operating Income	63.56	39.22	57.95	53.66	82.2	93.62
Interest Expense	-1.28	-1.19	-0.68	-1.54	-1.22	-1.75
Interest & Investment Income	1.19	2.49	6.41	3.48	1.55	0.47
Currency Exchange Gain (Loss)	0.26	0.26	0.2	-0.05	0.26	0.01
Other Non Operating Income (Expenses)	15.26	-0.14	-0.16	-0.49	-0.15	-0.21
EBT Excluding Unusual Items	78.98	40.65	63.72	55.06	82.63	92.14
Gain (Loss) on Sale of Investments	-0.15	1.22	1.34	2.26	1.49	-
Gain (Loss) on Sale of Assets	0.14	0.08	0.36	0.06	0.12	-0
Asset Writedown	-0.3	-	-	-	-	-
Other Unusual Items	4.16	4.16	5.24	11.18	11.05	2.9
Pretax Income	82.83	46.1	70.65	68.55	95.29	95.04
Income Tax Expense	8.43	5.17	5.01	3.94	10.39	10.92
Earnings From Continuing Operations	74.4	40.93	65.65	64.6	84.9	84.12
Minority Interest in Earnings	-0.64	2.86	0.61	-2.71	0.88	-0.33
Net Income	73.75	43.79	66.26	61.9	85.77	83.79
Net Income to Common	73.75	43.79	66.26	61.9	85.77	83.79
Net Income Growth	18.31%	-33.91%	7.05%	-27.84%	2.36%	15.32%
Shares Outstanding (Basic)	119	118	117	117	108	88
Shares Outstanding (Diluted)	119	118	117	117	108	88
Shares Change (YoY)	1.50%	0.42%	0.27%	8.24%	22.64%	-0.29%
EPS (Basic)	0.62	0.37	0.56	0.53	0.79	0.95
EPS (Diluted)	0.62	0.37	0.56	0.53	0.79	0.95
EPS Growth	16.56%	-34.18%	6.75%	-33.33%	-16.54%	15.66%
Free Cash Flow	45.66	41.34	-36.55	72.05	56.05	39.77
Free Cash Flow Per Share	0.38	0.35	-0.31	0.61	0.52	0.45
Dividend Per Share	0.179	0.179	0.179	0.179	0.286	0.286
Dividend Growth	-	-	-	-37.49%	-	-
Gross Margin	41.87%	42.68%	40.40%	37.36%	47.49%	50.94%
Operating Margin	12.47%	10.18%	13.55%	12.94%	20.94%	25.71%
Profit Margin	14.47%	11.36%	15.49%	14.93%	21.85%	23.01%
Free Cash Flow Margin	8.96%	10.73%	-8.55%	17.38%	14.28%	10.92%
EBITDA	99.06	70.14	82.74	75.62	103.55	113.01
EBITDA Margin	19.44%	18.20%	19.35%	18.24%	26.38%	31.03%
D&A For EBITDA	35.51	30.91	24.79	21.97	21.35	19.39
EBIT	63.56	39.22	57.95	53.66	82.2	93.62
EBIT Margin	12.47%	10.18%	13.55%	12.94%	20.94%	25.71%
Effective Tax Rate	10.18%	11.21%	7.09%	5.75%	10.91%	11.49%
Revenue as Reported	509.59	385.41	427.7	414.59	392.49	364.15
Advertising Expenses	-	0.78	1.63	2	1.1	1.12

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