SHE:301206 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	659.66	698.51	482.71	655.82	1,641	772.64
Other Revenue	14.4	14.4	16.79	19.09	33.93	10.55
Revenue	674.06	712.9	499.5	674.91	1,675	783.18
Revenue Growth (YoY)	1.63%	42.72%	-25.99%	-59.71%	113.91%	64.27%
Cost of Revenue	572.67	635.4	485.47	586.98	973.9	454.01
Gross Profit	101.39	77.51	14.03	87.92	701.42	329.17
Selling, General & Admin	34.94	25.05	20.05	20.3	18.8	13.96
Research & Development	30.23	41.23	50.66	34.08	59	30.34
Other Operating Expenses	4.5	2.88	2.54	3.21	7.01	5.03
Operating Expenses	70.12	69.8	73.31	57.34	85.17	49.27
Operating Income	31.28	7.71	-59.28	30.58	616.26	279.9
Interest Expense	-	-	-	-	-0	-
Interest & Investment Income	83.9	111.41	117.1	100.34	3.5	2.51
Currency Exchange Gain (Loss)	7.45	7.45	2.68	42.83	-7.47	-11.35
Other Non Operating Income (Expenses)	-4.93	-0.25	-0.2	-0.27	-0.73	-0.39
EBT Excluding Unusual Items	117.71	126.31	60.31	173.48	611.55	270.68
Gain (Loss) on Sale of Investments	-	-	-2.89	-0.33	0.26	-
Gain (Loss) on Sale of Assets	0.01	-	-	-	-0.59	-0.35
Asset Writedown	-0.07	-0.07	-	-0.21	-0.01	-2.7
Other Unusual Items	2.58	1.96	1.4	11.02	8.68	2.52
Pretax Income	120.23	128.2	58.82	183.96	619.9	270.14
Income Tax Expense	29	23.25	2.84	20.27	84.48	37.57
Net Income	91.34	104.95	55.98	163.69	535.42	232.57
Net Income to Common	91.34	104.95	55.98	163.69	535.42	232.57
Net Income Growth	-4.17%	87.47%	-65.80%	-69.43%	130.21%	70.62%
Shares Outstanding (Basic)	199	202	200	200	152	152
Shares Outstanding (Diluted)	199	202	200	200	152	152
Shares Change (YoY)	-2.16%	0.95%	0.16%	31.61%	-0.00%	3.86%
EPS (Basic)	0.46	0.52	0.28	0.82	3.53	1.53
EPS (Diluted)	0.46	0.52	0.28	0.82	3.53	1.53
EPS Growth	-2.06%	85.71%	-65.85%	-76.77%	130.22%	64.29%
Free Cash Flow	-161.39	-155.41	-65.68	-158.4	207.7	65.6
Free Cash Flow Per Share	-0.81	-0.77	-0.33	-0.79	1.37	0.43
Dividend Per Share	1.500	1.400	0.250	0.700	0.667	0.467
Dividend Growth	130.77%	460.00%	-64.29%	5.00%	42.85%	-
Gross Margin	15.04%	10.87%	2.81%	13.03%	41.87%	42.03%
Operating Margin	4.64%	1.08%	-11.87%	4.53%	36.78%	35.74%
Profit Margin	13.55%	14.72%	11.21%	24.25%	31.96%	29.70%
Free Cash Flow Margin	-23.94%	-21.80%	-13.15%	-23.47%	12.40%	8.38%
EBITDA	102.44	73.92	0.32	69.33	641.9	296.79
EBITDA Margin	15.20%	10.37%	0.07%	10.27%	38.31%	37.90%
D&A For EBITDA	71.17	66.21	59.61	38.75	25.65	16.89
EBIT	31.28	7.71	-59.28	30.58	616.26	279.9
EBIT Margin	4.64%	1.08%	-11.87%	4.53%	36.78%	35.74%
Effective Tax Rate	24.12%	18.14%	4.82%	11.02%	13.63%	13.91%
Revenue as Reported	674.06	712.9	499.5	674.91	1,675	783.18
Advertising Expenses	-	1.26	1.17	0.72	1.08	0.73

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