SHE:301190 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	629.86	503.95	494.68	400.17	551.78	383.38
Other Revenue	0.67	0.67	0.61	0.27	0.57	0.37
Revenue	630.54	504.62	495.29	400.44	552.34	383.74
Revenue Growth (YoY)	24.97%	1.88%	23.69%	-27.50%	43.94%	-14.22%
Cost of Revenue	460.77	372.76	324.86	262.03	340.41	225.7
Gross Profit	169.77	131.86	170.43	138.41	211.93	158.04
Selling, General & Admin	57.75	46.24	36.85	41.45	31.64	23.67
Research & Development	31.98	29	25.91	19.8	18	12.52
Other Operating Expenses	-4.72	-3.13	-0.39	1.01	3.02	3.1
Operating Expenses	85.09	72.14	62.7	62.06	52.6	39.34
Operating Income	84.68	59.72	107.73	76.35	159.33	118.7
Interest Expense	-0.47	-1.95	-1.92	-1.86	-1.26	-
Interest & Investment Income	17.59	26.76	45.61	31.8	5.48	4.84
Other Non Operating Income (Expenses)	1.24	-0.18	-0.19	-0.3	0.15	0.39
EBT Excluding Unusual Items	103.04	84.35	151.23	105.99	163.71	123.92
Gain (Loss) on Sale of Investments	-14.89	-14.6	-118.18	4.08	2.69	1.05
Gain (Loss) on Sale of Assets	-0.43	0.01	-0.31	-	0	-
Asset Writedown	-4.86	-4.86	-0.15	-0.11	-0.29	-1.18
Other Unusual Items	-2.17	0.16	-2.46	11.16	1.07	5.45
Pretax Income	80.69	65.05	30.12	121.13	167.19	129.24
Income Tax Expense	10.82	12.1	9.06	20.73	24.81	19.31
Earnings From Continuing Operations	69.86	52.95	21.05	100.4	142.37	109.94
Net Income	69.86	52.95	21.05	100.4	142.37	109.94
Net Income to Common	69.86	52.95	21.05	100.4	142.37	109.94
Net Income Growth	-13.17%	151.51%	-79.03%	-29.48%	29.50%	-20.97%
Shares Outstanding (Basic)	206	209	215	215	161	161
Shares Outstanding (Diluted)	206	209	215	215	161	161
Shares Change (YoY)	-2.28%	-2.51%	-	33.32%	-0.00%	0.95%
EPS (Basic)	0.34	0.25	0.10	0.47	0.88	0.68
EPS (Diluted)	0.34	0.25	0.10	0.47	0.88	0.68
EPS Growth	-11.14%	158.00%	-79.03%	-47.11%	29.51%	-21.71%
Free Cash Flow	-153.19	-125.83	-65.71	-11.11	97.08	12.07
Free Cash Flow Per Share	-0.74	-0.60	-0.31	-0.05	0.60	0.07
Dividend Per Share	0.150	0.150	0.150	0.150	0.150	-
Gross Margin	26.92%	26.13%	34.41%	34.56%	38.37%	41.18%
Operating Margin	13.43%	11.83%	21.75%	19.07%	28.85%	30.93%
Profit Margin	11.08%	10.49%	4.25%	25.07%	25.78%	28.65%
Free Cash Flow Margin	-24.30%	-24.94%	-13.27%	-2.77%	17.58%	3.15%
EBITDA	104.86	77.78	122.96	91.18	173.76	130.79
EBITDA Margin	16.63%	15.41%	24.83%	22.77%	31.46%	34.08%
D&A For EBITDA	20.18	18.06	15.23	14.83	14.43	12.09
EBIT	84.68	59.72	107.73	76.35	159.33	118.7
EBIT Margin	13.43%	11.83%	21.75%	19.07%	28.85%	30.93%
Effective Tax Rate	13.41%	18.60%	30.10%	17.11%	14.84%	14.94%
Revenue as Reported	630.54	504.62	495.29	400.44	552.34	383.74
Advertising Expenses	-	0.25	0.06	0.1	0.19	0.05

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