SHE:301057 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	884.5	816.32	790.67	593.22	591.08	538.48
Other Revenue	22	22	13.43	22.02	22.39	2.57
Revenue	906.49	838.32	804.1	615.24	613.46	541.05
Revenue Growth (YoY)	7.94%	4.25%	30.70%	0.29%	13.38%	-17.51%
Cost of Revenue	779.82	723.9	669.96	517.32	477.86	414.61
Gross Profit	126.68	114.42	134.14	97.92	135.6	126.45
Selling, General & Admin	59.85	50.29	45.49	33.37	32.62	28.82
Research & Development	35.04	36.93	37.52	28.77	29.01	25.81
Other Operating Expenses	4.75	-1.27	1.08	1.08	2.25	1.68
Operating Expenses	100.1	86.2	86.45	64.76	63.77	56.84
Operating Income	26.58	28.22	47.69	33.16	71.83	69.61
Interest Expense	-2.39	-1.34	-0.58	-0.52	-	-1.27
Interest & Investment Income	2.91	3.99	6.31	6.37	1.97	0.73
Currency Exchange Gain (Loss)	2.95	2.95	1.61	1.26	-0.36	-0.87
Other Non Operating Income (Expenses)	-0.29	-1.3	-1.67	-0.85	-0.93	-0.71
EBT Excluding Unusual Items	29.76	32.52	53.36	39.42	72.51	67.5
Gain (Loss) on Sale of Investments	4.56	-0.43	-	0.71	0.74	-
Gain (Loss) on Sale of Assets	3.12	0	0.05	-0.03	-	0.06
Asset Writedown	-0.35	-	-	-	-0.08	-4.69
Other Unusual Items	2.41	-0.72	1.67	2.12	7.12	12.52
Pretax Income	39.5	31.37	55.09	42.22	80.3	75.39
Income Tax Expense	2.33	0.44	3.75	1.64	8.19	8.54
Net Income	37.25	30.93	51.34	40.58	72.11	66.85
Net Income to Common	37.25	30.93	51.34	40.58	72.11	66.85
Net Income Growth	4.32%	-39.76%	26.52%	-43.73%	7.87%	22.07%
Shares Outstanding (Basic)	118	116	113	109	89	82
Shares Outstanding (Diluted)	118	116	114	109	89	82
Shares Change (YoY)	2.26%	2.22%	4.31%	23.08%	8.83%	12.30%
EPS (Basic)	0.32	0.27	0.45	0.37	0.81	0.82
EPS (Diluted)	0.32	0.27	0.45	0.37	0.81	0.82
EPS Growth	2.24%	-40.98%	21.62%	-54.32%	-1.22%	9.33%
Free Cash Flow	-309.9	-304.72	-34.13	-18.69	2.31	89.51
Free Cash Flow Per Share	-2.63	-2.62	-0.30	-0.17	0.03	1.10
Dividend Per Share	0.200	0.200	0.501	-	0.200	-
Dividend Growth	-33.45%	-60.04%	-	-	-	-
Gross Margin	13.98%	13.65%	16.68%	15.92%	22.10%	23.37%
Operating Margin	2.93%	3.37%	5.93%	5.39%	11.71%	12.87%
Profit Margin	4.11%	3.69%	6.39%	6.59%	11.76%	12.36%
Free Cash Flow Margin	-34.19%	-36.35%	-4.25%	-3.04%	0.38%	16.54%
EBITDA	66.46	62.64	74.83	55.17	93.64	89.76
EBITDA Margin	7.33%	7.47%	9.30%	8.97%	15.26%	16.59%
D&A For EBITDA	39.88	34.42	27.14	22.01	21.8	20.15
EBIT	26.58	28.22	47.69	33.16	71.83	69.61
EBIT Margin	2.93%	3.37%	5.93%	5.39%	11.71%	12.87%
Effective Tax Rate	5.89%	1.41%	6.80%	3.89%	10.20%	11.32%
Revenue as Reported	906.49	838.32	804.1	615.24	613.46	541.05
Advertising Expenses	-	4.84	2.17	0.64	2.13	0.62

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