SHE:301059 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	435.22	384.28	293.91	278.86	202.42	195.53
Other Revenue	1.27	1.27	0.49	0.63	0.55	0.25
Revenue	436.49	385.55	294.4	279.49	202.97	195.78
Revenue Growth (YoY)	17.81%	30.96%	5.33%	37.70%	3.67%	-1.36%
Cost of Revenue	272.25	253.19	197.9	172.38	115.81	93.83
Gross Profit	164.24	132.35	96.51	107.11	87.16	101.96
Selling, General & Admin	62.4	49.99	39.77	28.44	23.37	24
Research & Development	18.78	17.82	17.1	11.63	10.08	9.47
Other Operating Expenses	5.32	4.77	1.73	1.29	-0.76	1.87
Operating Expenses	87.77	73.08	58.56	42.51	32.83	35.2
Operating Income	76.47	59.27	37.95	64.6	54.33	66.75
Interest Expense	-1.45	-1.24	-1.05	-0.05	-0.19	-0.01
Interest & Investment Income	2.07	1.94	1.31	1.94	2.31	2.21
Currency Exchange Gain (Loss)	0.45	0.45	0.01	3.48	-0.19	-0.03
Other Non Operating Income (Expenses)	1.04	-0.12	-0.09	-0.05	1.93	-0.07
EBT Excluding Unusual Items	78.57	60.3	38.12	69.92	58.19	68.86
Gain (Loss) on Sale of Assets	0.02	0.06	-	-	-	-0.03
Asset Writedown	-0.93	-0.59	-0.14	-0.09	-0.01	-0.06
Other Unusual Items	1.9	0.82	1.44	5.99	-	3.69
Pretax Income	79.56	60.59	39.42	75.82	58.18	72.46
Income Tax Expense	10.6	7.21	4.43	9.79	7.59	10.35
Net Income	68.96	53.38	34.99	66.03	50.59	62.11
Net Income to Common	68.96	53.38	34.99	66.03	50.59	62.11
Net Income Growth	36.64%	52.54%	-47.01%	30.51%	-18.54%	7.83%
Shares Outstanding (Basic)	229	232	233	228	189	174
Shares Outstanding (Diluted)	229	232	233	228	189	174
Shares Change (YoY)	-5.86%	-0.52%	2.46%	20.79%	8.63%	-0.09%
EPS (Basic)	0.30	0.23	0.15	0.29	0.27	0.36
EPS (Diluted)	0.30	0.23	0.15	0.29	0.27	0.36
EPS Growth	45.14%	53.33%	-48.28%	8.05%	-25.01%	7.93%
Free Cash Flow	69.22	69.82	28.28	-74.37	-147.36	48.67
Free Cash Flow Per Share	0.30	0.30	0.12	-0.33	-0.78	0.28
Dividend Per Share	0.170	0.170	0.100	0.158	0.132	-
Dividend Growth	70.00%	70.00%	-36.67%	19.98%	-	-
Gross Margin	37.63%	34.33%	32.78%	38.32%	42.94%	52.08%
Operating Margin	17.52%	15.37%	12.89%	23.11%	26.77%	34.09%
Profit Margin	15.80%	13.84%	11.89%	23.63%	24.93%	31.72%
Free Cash Flow Margin	15.86%	18.11%	9.61%	-26.61%	-72.60%	24.86%
EBITDA	116.48	97.21	73.13	74.49	63.58	76.15
EBITDA Margin	26.69%	25.21%	24.84%	26.65%	31.33%	38.90%
D&A For EBITDA	40.01	37.94	35.18	9.89	9.25	9.4
EBIT	76.47	59.27	37.95	64.6	54.33	66.75
EBIT Margin	17.52%	15.37%	12.89%	23.11%	26.77%	34.09%
Effective Tax Rate	13.33%	11.90%	11.24%	12.92%	13.04%	14.29%
Revenue as Reported	436.49	385.55	294.4	279.49	-	195.78
Advertising Expenses	-	0.25	0	0.07	0.02	0.13

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