SHE:301083 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	374.21	398.27	385.89	403.9	518.7	500.13
Other Revenue	1.83	1.83	2.37	3.31	6.44	1.78
Revenue	376.04	400.1	388.26	407.2	525.14	501.91
Revenue Growth (YoY)	-3.54%	3.05%	-4.65%	-22.46%	4.63%	6.44%
Cost of Revenue	299.55	317.58	303.95	316.54	409.32	362.12
Gross Profit	76.49	82.53	84.31	90.66	115.82	139.79
Selling, General & Admin	41.73	40.81	39.79	35.48	36.79	45.83
Research & Development	19.68	19.21	19	18.15	18.08	17.12
Other Operating Expenses	3.03	0.6	2.08	1.7	0.25	2.68
Operating Expenses	57.98	69.26	64.73	55.44	55.57	65.64
Operating Income	18.5	13.27	19.58	35.22	60.25	74.15
Interest Expense	-0	-0.05	-0.03	-0.03	-0.04	-
Interest & Investment Income	13.53	16.24	16.17	14.31	4.33	2.3
Currency Exchange Gain (Loss)	0.99	0.99	-0.46	0.44	-0.02	-0.88
Other Non Operating Income (Expenses)	2.4	-0.26	-0.12	-3.57	-0.94	-0.12
EBT Excluding Unusual Items	35.43	30.19	35.14	46.38	63.57	75.45
Gain (Loss) on Sale of Investments	3.69	2.54	1.01	0.28	-	-0.31
Gain (Loss) on Sale of Assets	0.03	0.02	0.01	0.21	-0.02	0.06
Asset Writedown	0.63	-0.09	-0	-	-	-
Other Unusual Items	3.98	3.98	2.75	22.62	7.86	2.52
Pretax Income	43.8	36.69	38.93	69.5	71.41	77.71
Income Tax Expense	5.68	4.89	4.36	6.87	8.27	9.57
Earnings From Continuing Operations	38.12	31.79	34.58	62.63	63.14	68.15
Minority Interest in Earnings	0.34	1.23	0.61	-1.06	-1.58	-1.89
Net Income	38.46	33.02	35.19	61.57	61.56	66.25
Net Income to Common	38.46	33.02	35.19	61.57	61.56	66.25
Net Income Growth	32.60%	-6.14%	-42.85%	0.01%	-7.08%	57.08%
Shares Outstanding (Basic)	178	178	178	178	143	133
Shares Outstanding (Diluted)	178	178	178	178	143	133
Shares Change (YoY)	-0.07%	-0.03%	0.03%	24.66%	6.96%	7.15%
EPS (Basic)	0.22	0.19	0.20	0.35	0.43	0.50
EPS (Diluted)	0.22	0.19	0.20	0.35	0.43	0.50
EPS Growth	32.70%	-6.12%	-42.86%	-19.77%	-13.13%	46.61%
Free Cash Flow	-2.36	-16.27	-0.04	27.57	48.65	45.07
Free Cash Flow Per Share	-0.01	-0.09	-	0.15	0.34	0.34
Dividend Per Share	0.120	0.120	0.120	0.035	0.035	-
Dividend Growth	-	-	242.86%	-	-	-
Gross Margin	20.34%	20.63%	21.71%	22.26%	22.05%	27.85%
Operating Margin	4.92%	3.32%	5.04%	8.65%	11.47%	14.77%
Profit Margin	10.23%	8.25%	9.06%	15.12%	11.72%	13.20%
Free Cash Flow Margin	-0.63%	-4.07%	-0.01%	6.77%	9.26%	8.98%
EBITDA	29.36	24.36	30.98	45.53	70.17	83.87
EBITDA Margin	7.81%	6.09%	7.98%	11.18%	13.36%	16.71%
D&A For EBITDA	10.86	11.09	11.4	10.31	9.92	9.72
EBIT	18.5	13.27	19.58	35.22	60.25	74.15
EBIT Margin	4.92%	3.32%	5.04%	8.65%	11.47%	14.77%
Effective Tax Rate	12.98%	13.34%	11.19%	9.89%	11.58%	12.31%
Revenue as Reported	376.04	400.1	388.26	407.2	525.14	501.91
Advertising Expenses	-	3.09	2.6	0.41	0.79	0.67

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