SHE:301262 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	889.42	933.53	959.58	983.63	951.78	912.09
Other Revenue	45.12	45.12	32.69	37.23	21.23	23.18
Revenue	934.54	978.65	992.27	1,021	973.01	935.27
Revenue Growth (YoY)	-8.47%	-1.37%	-2.80%	4.92%	4.04%	8.48%
Cost of Revenue	424.79	429.3	439.02	470.33	401.21	419.37
Gross Profit	509.76	549.36	553.26	550.53	571.8	515.9
Selling, General & Admin	73.5	74	80.05	68.79	60.82	64.4
Research & Development	38.93	41.4	48.28	42.31	40.91	39.29
Other Operating Expenses	7.42	6.97	5.04	5.24	3.9	6.21
Operating Expenses	120.24	140.39	136.55	122.19	107.51	112.03
Operating Income	389.51	408.96	416.71	428.34	464.29	403.88
Interest & Investment Income	34.75	48.86	37.48	32.99	25.17	33.45
Other Non Operating Income (Expenses)	-0.47	-0.16	-0.19	-0.26	-0.07	-0.06
EBT Excluding Unusual Items	423.79	457.66	454	461.07	489.4	437.26
Gain (Loss) on Sale of Investments	21.64	16.94	16.61	11.23	8.56	1.45
Gain (Loss) on Sale of Assets	-	-	-	-	-0.01	-0.15
Asset Writedown	-	-	-	-	-	0
Other Unusual Items	10.36	-8.61	5.94	8.96	14.39	12.56
Pretax Income	455.79	465.99	476.55	481.26	512.34	451.12
Income Tax Expense	65.57	65.72	66.52	67.3	72.58	63
Earnings From Continuing Operations	390.22	400.26	410.03	413.96	439.77	388.13
Net Income	390.22	400.26	410.03	413.96	439.77	388.13
Net Income to Common	390.22	400.26	410.03	413.96	439.77	388.13
Net Income Growth	-14.02%	-2.38%	-0.95%	-5.87%	13.30%	7.12%
Shares Outstanding (Basic)	415	417	394	376	376	377
Shares Outstanding (Diluted)	415	417	394	376	376	377
Shares Change (YoY)	0.40%	5.75%	4.76%	0.12%	-0.25%	0.88%
EPS (Basic)	0.94	0.96	1.04	1.10	1.17	1.03
EPS (Diluted)	0.94	0.96	1.04	1.10	1.17	1.03
EPS Growth	-14.37%	-7.69%	-5.46%	-5.98%	13.59%	6.19%
Free Cash Flow	256.49	152.14	380.78	275.68	407.72	379.18
Free Cash Flow Per Share	0.62	0.36	0.97	0.73	1.08	1.01
Dividend Per Share	0.620	0.496	1.042	-	-	-
Dividend Growth	-2.82%	-52.40%	-	-	-	-
Gross Margin	54.55%	56.13%	55.76%	53.93%	58.77%	55.16%
Operating Margin	41.68%	41.79%	41.99%	41.96%	47.72%	43.18%
Profit Margin	41.75%	40.90%	41.32%	40.55%	45.20%	41.50%
Free Cash Flow Margin	27.45%	15.55%	38.37%	27.00%	41.90%	40.54%
EBITDA	405.08	425.19	433.81	445.88	484.98	434.23
EBITDA Margin	43.34%	43.45%	43.72%	43.68%	49.84%	46.43%
D&A For EBITDA	15.57	16.22	17.1	17.54	20.68	30.35
EBIT	389.51	408.96	416.71	428.34	464.29	403.88
EBIT Margin	41.68%	41.79%	41.99%	41.96%	47.72%	43.18%
Effective Tax Rate	14.39%	14.10%	13.96%	13.98%	14.17%	13.96%
Revenue as Reported	934.54	978.65	992.27	1,021	-	-
Advertising Expenses	-	12.8	7.19	4.69	2.84	2.03

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.