SHE:301153 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
Revenue	695.13	824.84	1,208	912.85	738.2	587.2
Revenue Growth (YoY)	-24.45%	-31.71%	32.31%	23.66%	25.72%	49.23%
Cost of Revenue	290.77	333.67	527.94	382.25	338.19	255.08
Gross Profit	404.35	491.17	679.87	530.6	400.01	332.11
Selling, General & Admin	146.31	164.93	173.98	126.73	123.33	117.11
Research & Development	204.93	232.87	220.98	162.24	130.56	99.58
Other Operating Expenses	-0.31	-3.49	-7.79	-10.76	-8.37	-14.77
Operating Expenses	395.85	435.28	407.9	279.62	245.19	205.26
Operating Income	8.51	55.89	271.97	250.98	154.82	126.85
Interest Expense	-0.19	-0.31	-0.42	-0.34	-0.59	-
Interest & Investment Income	32.38	36.05	44.49	32.03	10.78	12.67
Other Non Operating Income (Expenses)	0.45	0.42	0.62	-0.48	-0.86	-0.65
EBT Excluding Unusual Items	41.15	92.05	316.66	282.19	164.15	138.87
Gain (Loss) on Sale of Investments	-1.55	-1.55	-	-	-	-1.76
Gain (Loss) on Sale of Assets	0.69	0.46	-0.13	-	-	-
Asset Writedown	0.33	-	-	-	-0.01	-
Other Unusual Items	2.32	2.32	3.52	3.58	4.43	0.41
Pretax Income	42.94	93.28	320.06	285.77	168.57	137.51
Income Tax Expense	0.08	-19.18	15.97	24.44	11.8	11.71
Earnings From Continuing Operations	42.86	112.46	304.08	261.33	156.78	125.8
Minority Interest in Earnings	-9.45	-8.03	-4.5	-2.89	-0.72	-1.15
Net Income	33.41	104.44	299.59	258.44	156.05	124.65
Net Income to Common	33.41	104.44	299.59	258.44	156.05	124.65
Net Income Growth	-71.82%	-65.14%	15.92%	65.61%	25.20%	75.17%
Shares Outstanding (Basic)	362	348	348	314	262	262
Shares Outstanding (Diluted)	362	348	352	314	262	262
Shares Change (YoY)	4.63%	-1.23%	12.13%	19.99%	-0.18%	-
EPS (Basic)	0.09	0.30	0.86	0.82	0.60	0.47
EPS (Diluted)	0.09	0.30	0.85	0.82	0.60	0.47
EPS Growth	-73.06%	-64.71%	3.38%	38.02%	25.42%	75.17%
Free Cash Flow	136.5	87.76	123.33	220.78	208.98	209.32
Free Cash Flow Per Share	0.38	0.25	0.35	0.70	0.80	0.80
Dividend Per Share	0.179	0.179	0.556	0.617	-	-
Dividend Growth	-67.87%	-67.87%	-9.99%	-	-	-
Gross Margin	58.17%	59.55%	56.29%	58.13%	54.19%	56.56%
Operating Margin	1.22%	6.78%	22.52%	27.49%	20.97%	21.60%
Profit Margin	4.81%	12.66%	24.80%	28.31%	21.14%	21.23%
Free Cash Flow Margin	19.64%	10.64%	10.21%	24.19%	28.31%	35.65%
EBITDA	13.58	59.4	273.39	252.26	155.44	127.26
EBITDA Margin	1.95%	7.20%	22.63%	27.63%	21.06%	21.67%
D&A For EBITDA	5.08	3.51	1.42	1.28	0.61	0.41
EBIT	8.51	55.89	271.97	250.98	154.82	126.85
EBIT Margin	1.22%	6.78%	22.52%	27.49%	20.97%	21.60%
Effective Tax Rate	0.19%	-	4.99%	8.55%	7.00%	8.52%
Revenue as Reported	695.13	824.84	1,208	912.85	738.2	587.2
Advertising Expenses	-	0.26	0.54	3.06	1.31	0.48

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