SHE:301077 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	767.71	778.61	679.98	722.25	777.11	609.29
Other Revenue	13.79	13.79	17.62	11.09	14.82	12.83
Revenue	781.5	792.4	697.59	733.35	791.93	622.12
Revenue Growth (YoY)	1.04%	13.59%	-4.88%	-7.40%	27.30%	15.41%
Cost of Revenue	523.56	541.77	510.39	552.21	586.81	440.28
Gross Profit	257.94	250.63	187.21	181.13	205.13	181.84
Selling, General & Admin	70.09	64.21	60.72	49.81	53.05	35.05
Research & Development	42.5	46.11	42.56	47.61	45.53	31.78
Other Operating Expenses	3.67	-0.19	2.84	3.36	3.7	3.47
Operating Expenses	114.89	110.13	106.11	101.36	103.57	70.8
Operating Income	143.05	140.5	81.09	79.78	101.56	111.04
Interest Expense	-7.71	-9.1	-14.89	-5.56	-2.7	-1.79
Interest & Investment Income	30.08	27.42	39.66	26.44	7.27	2.34
Currency Exchange Gain (Loss)	3.38	3.38	0.03	2.13	-0.7	-1.94
Other Non Operating Income (Expenses)	-1.34	-1.43	-1.1	0.12	-1.53	-0.57
EBT Excluding Unusual Items	167.46	160.77	104.8	102.9	103.91	109.08
Impairment of Goodwill	-	-	-	-	-	-0
Gain (Loss) on Sale of Investments	0.98	0.49	-0	-	-	0
Gain (Loss) on Sale of Assets	0.37	1.44	1.12	-0.09	46.44	-
Asset Writedown	-2.68	-	-0.01	-0.02	-0.14	-
Other Unusual Items	5.77	5.93	4.18	6.51	3.22	4.58
Pretax Income	171.92	168.64	110.09	109.29	153.43	113.66
Income Tax Expense	21.9	20.55	12.62	11.15	18.44	15.43
Earnings From Continuing Operations	150.02	148.09	97.47	98.14	134.99	98.23
Minority Interest in Earnings	-	-	-	0	-	-
Net Income	150.02	148.09	97.47	98.15	134.99	98.23
Net Income to Common	150.02	148.09	97.47	98.15	134.99	98.23
Net Income Growth	7.21%	51.93%	-0.69%	-27.29%	37.42%	50.40%
Shares Outstanding (Basic)	212	174	176	175	143	132
Shares Outstanding (Diluted)	214	176	176	175	143	132
Shares Change (YoY)	58.61%	0.05%	0.53%	22.37%	8.54%	0.13%
EPS (Basic)	0.71	0.85	0.55	0.56	0.95	0.75
EPS (Diluted)	0.70	0.84	0.55	0.56	0.95	0.75
EPS Growth	-32.41%	51.86%	-1.21%	-40.58%	26.60%	50.34%
Free Cash Flow	131.72	133.92	-19.63	24.53	-35.35	40.31
Free Cash Flow Per Share	0.62	0.76	-0.11	0.14	-0.25	0.31
Dividend Per Share	0.848	0.753	0.388	0.479	0.685	-
Dividend Growth	42.77%	93.97%	-19.00%	-30.00%	-	-
Gross Margin	33.01%	31.63%	26.84%	24.70%	25.90%	29.23%
Operating Margin	18.30%	17.73%	11.63%	10.88%	12.82%	17.85%
Profit Margin	19.20%	18.69%	13.97%	13.38%	17.04%	15.79%
Free Cash Flow Margin	16.86%	16.90%	-2.81%	3.35%	-4.46%	6.48%
EBITDA	170.67	166.53	104.99	100.36	116.57	121.5
EBITDA Margin	21.84%	21.02%	15.05%	13.69%	14.72%	19.53%
D&A For EBITDA	27.62	26.03	23.9	20.58	15.02	10.46
EBIT	143.05	140.5	81.09	79.78	101.56	111.04
EBIT Margin	18.30%	17.73%	11.63%	10.88%	12.82%	17.85%
Effective Tax Rate	12.74%	12.18%	11.46%	10.20%	12.02%	13.57%
Revenue as Reported	781.5	792.4	697.59	733.35	791.93	622.12
Advertising Expenses	-	1.98	1.75	1.46	2.34	2.32

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