SHE:301173 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,339	2,380	2,467	1,999	1,682	1,272
Other Revenue	27.78	27.78	23.79	21.95	11.36	44.18
Revenue	2,367	2,407	2,491	2,021	1,694	1,317
Revenue Growth (YoY)	0.42%	-3.35%	23.25%	19.32%	28.63%	-
Cost of Revenue	1,981	2,003	2,108	1,721	1,457	1,088
Gross Profit	385.38	404.93	383.09	300.3	236.31	229.06
Selling, General & Admin	110.67	99.35	98.04	115.88	108.68	72.5
Research & Development	60.37	69.36	68.46	62.25	66.93	56.04
Other Operating Expenses	3.3	-4.76	2.09	4.37	-5.52	-1.01
Operating Expenses	188.7	186.06	174.31	190.44	173.09	140.61
Operating Income	196.67	218.87	208.78	109.86	63.22	88.45
Interest Expense	-0.59	-1.23	-5.49	-12.37	-11.45	-10.78
Interest & Investment Income	7.52	5.57	2.66	2.1	0.67	0.64
Currency Exchange Gain (Loss)	0.33	0.33	0.2	2.27	-0.21	-0.02
Other Non Operating Income (Expenses)	-3.92	-4.79	-5.24	-3.15	-1.97	0.22
EBT Excluding Unusual Items	200.02	218.74	200.91	98.72	50.26	78.5
Gain (Loss) on Sale of Investments	-	-	-	-	-0.25	-0.67
Gain (Loss) on Sale of Assets	0.43	0.51	-0.12	0.08	-0.02	-0.76
Asset Writedown	-0.9	-5.67	-1.22	-0.42	-0.23	-0.66
Other Unusual Items	6.16	6.83	6.15	3.08	1.27	5.05
Pretax Income	205.71	220.42	205.73	101.46	51.03	81.47
Income Tax Expense	44.78	49.17	46.98	31.04	8.19	8.03
Earnings From Continuing Operations	160.93	171.24	158.75	70.42	42.83	73.44
Minority Interest in Earnings	-0.16	-0.44	0.9	0.95	-	-
Net Income	160.77	170.8	159.65	71.37	42.83	73.44
Net Income to Common	160.77	170.8	159.65	71.37	42.83	73.44
Net Income Growth	-12.75%	6.98%	123.69%	66.63%	-41.68%	-
Shares Outstanding (Basic)	79	66	66	60	56	-
Shares Outstanding (Diluted)	79	66	66	60	56	-
Shares Change (YoY)	19.45%	-0.00%	9.23%	7.69%	-	-
EPS (Basic)	2.04	2.59	2.42	1.18	0.76	-
EPS (Diluted)	2.04	2.59	2.42	1.18	0.76	-
EPS Growth	-26.95%	6.98%	104.79%	54.73%	-	-
Free Cash Flow	254.02	-25.28	163.86	94.73	93.62	-89.11
Free Cash Flow Per Share	3.23	-0.38	2.49	1.57	1.67	-
Gross Margin	16.28%	16.82%	15.38%	14.86%	13.95%	17.40%
Operating Margin	8.31%	9.09%	8.38%	5.44%	3.73%	6.72%
Profit Margin	6.79%	7.09%	6.41%	3.53%	2.53%	5.58%
Free Cash Flow Margin	10.73%	-1.05%	6.58%	4.69%	5.53%	-6.77%
EBITDA	242.68	267.65	261.26	152.66	96.73	118.23
EBITDA Margin	10.25%	11.12%	10.49%	7.55%	5.71%	8.98%
D&A For EBITDA	46	48.78	52.48	42.8	33.51	29.78
EBIT	196.67	218.87	208.78	109.86	63.22	88.45
EBIT Margin	8.31%	9.09%	8.38%	5.44%	3.73%	6.72%
Effective Tax Rate	21.77%	22.31%	22.83%	30.59%	16.06%	9.86%
Revenue as Reported	2,367	2,407	2,491	2,021	1,694	1,317
Advertising Expenses	-	-	0	0.01	1.25	0.2

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