SHE:301151 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	Jan '21 Jan 1, 2021
Operating Revenue	881.57	913.83	1,056	932.69	1,046	1,015
Other Revenue	0.87	0.87	0.71	0.65	0.49	0.37
Revenue	882.44	914.7	1,057	933.34	1,047	1,015
Revenue Growth (YoY)	-8.71%	-13.46%	13.25%	-10.84%	3.10%	7.38%
Cost of Revenue	599.62	629.32	730.1	601.47	602.75	574.74
Gross Profit	282.82	285.37	326.93	331.87	444.1	440.62
Selling, General & Admin	165.21	174.84	168.02	155.11	169.45	210.69
Research & Development	19.69	28.97	38.42	39.46	43.04	40.87
Other Operating Expenses	4.12	0.09	7.42	5.44	8.73	7.76
Operating Expenses	203.29	214.99	227.15	222.43	230.52	270.76
Operating Income	79.53	70.39	99.78	109.45	213.58	169.86
Interest Expense	-4.77	-5.58	-7	-8.4	-9.17	-17.45
Interest & Investment Income	15.19	16.64	20.02	15.96	1.98	4.53
Currency Exchange Gain (Loss)	0.02	0.02	0.2	2.56	-0.66	0.05
Other Non Operating Income (Expenses)	0.55	1.07	-0.15	-1.53	-0.26	-0.41
EBT Excluding Unusual Items	90.52	82.54	112.84	118.04	205.47	156.57
Gain (Loss) on Sale of Investments	2.7	2.61	3.58	4.99	2.87	0.99
Gain (Loss) on Sale of Assets	-0.12	0.02	0.47	-0.07	19.12	0.09
Asset Writedown	-2.09	-0.28	-0.08	-0.13	-0.63	-0.78
Other Unusual Items	8.69	8.45	9.01	4.09	10.49	2.65
Pretax Income	99.7	93.33	125.83	126.91	237.31	159.54
Income Tax Expense	18.78	17.47	27.33	25.22	45	48.44
Net Income	80.92	75.87	98.5	101.7	192.31	111.09
Net Income to Common	80.92	75.87	98.5	101.7	192.31	111.09
Net Income Growth	29.36%	-22.98%	-3.14%	-47.12%	73.11%	-28.40%
Shares Outstanding (Basic)	168	168	168	154	126	125
Shares Outstanding (Diluted)	168	168	168	154	126	125
Shares Change (YoY)	-0.30%	-0.34%	9.55%	22.28%	0.68%	-
EPS (Basic)	0.48	0.45	0.59	0.66	1.53	0.89
EPS (Diluted)	0.48	0.45	0.59	0.66	1.53	0.89
EPS Growth	29.75%	-22.71%	-11.59%	-56.75%	71.94%	-
Free Cash Flow	193.81	-110.82	67.81	-188.78	191.32	113.61
Free Cash Flow Per Share	1.15	-0.66	0.40	-1.23	1.52	0.91
Dividend Per Share	0.310	0.410	0.400	0.200	0.380	-
Dividend Growth	-48.33%	2.50%	100.00%	-47.37%	-	-
Gross Margin	32.05%	31.20%	30.93%	35.56%	42.42%	43.40%
Operating Margin	9.01%	7.70%	9.44%	11.73%	20.40%	16.73%
Profit Margin	9.17%	8.29%	9.32%	10.90%	18.37%	10.94%
Free Cash Flow Margin	21.96%	-12.12%	6.42%	-20.23%	18.28%	11.19%
EBITDA	101.08	89.67	116.04	122.56	224.36	179.54
EBITDA Margin	11.46%	9.80%	10.98%	13.13%	21.43%	17.68%
D&A For EBITDA	21.55	19.28	16.26	13.11	10.78	9.68
EBIT	79.53	70.39	99.78	109.45	213.58	169.86
EBIT Margin	9.01%	7.70%	9.44%	11.73%	20.40%	16.73%
Effective Tax Rate	18.84%	18.71%	21.72%	19.87%	18.96%	30.37%
Revenue as Reported	882.44	914.7	1,057	933.34	1,047	-
Advertising Expenses	-	11.25	6.13	4.28	4.17	2.88

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