SHE:301315 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	232.45	290.53	311.43	305.49	275.09	241.48
Other Revenue	3.13	3.13	2.05	1.65	0.32	2.11
Revenue	235.58	293.66	313.47	307.14	275.41	243.59
Revenue Growth (YoY)	-21.85%	-6.32%	2.06%	11.52%	13.06%	27.51%
Cost of Revenue	150.17	189.17	199.77	184.52	152.17	124.78
Gross Profit	85.4	104.49	113.71	122.61	123.24	118.81
Selling, General & Admin	37.37	44.78	47.84	35.33	38.23	32.81
Research & Development	19.46	24.35	26.61	23.35	20.69	22.32
Other Operating Expenses	2.06	0.45	-3.39	0.15	0.19	0.56
Operating Expenses	57.02	73.13	74.35	60.3	59.35	55.92
Operating Income	28.39	31.36	39.36	62.31	63.89	62.89
Interest Expense	-0.04	-0.01	-0.01	-0.01	-0.02	-
Interest & Investment Income	18.35	16.25	10.33	2.48	2.49	3.27
Currency Exchange Gain (Loss)	-0.65	-0.65	-0.32	-0.42	-0.94	-0.1
Other Non Operating Income (Expenses)	-2.04	-0.87	0.03	-0.23	-0.18	0.06
EBT Excluding Unusual Items	44	46.08	49.38	64.14	65.23	66.13
Gain (Loss) on Sale of Investments	-3.26	3.16	0.01	-	-	-
Gain (Loss) on Sale of Assets	0.07	0	0.03	0.02	-	0.17
Asset Writedown	-	-	-0.04	-	-	-0.12
Other Unusual Items	5.72	5.72	9.85	4.91	6.19	3.35
Pretax Income	46.53	54.96	59.23	69.06	71.42	69.52
Income Tax Expense	3.28	3.2	0.96	7.53	8.9	9.17
Earnings From Continuing Operations	43.25	51.76	58.27	61.53	62.53	60.36
Minority Interest in Earnings	-0.02	-0.05	-	-	-	-
Net Income	43.23	51.71	58.27	61.53	62.53	60.36
Net Income to Common	43.23	51.71	58.27	61.53	62.53	60.36
Net Income Growth	-30.47%	-11.25%	-5.29%	-1.60%	3.60%	30.74%
Shares Outstanding (Basic)	88	88	77	66	66	66
Shares Outstanding (Diluted)	88	88	77	66	66	66
Shares Change (YoY)	-0.04%	14.28%	16.39%	0.52%	-0.77%	0.49%
EPS (Basic)	0.49	0.59	0.76	0.93	0.95	0.91
EPS (Diluted)	0.49	0.59	0.76	0.93	0.95	0.91
EPS Growth	-30.44%	-22.35%	-18.63%	-2.10%	4.40%	30.10%
Free Cash Flow	144.1	32.31	31.35	50.72	31.95	42.38
Free Cash Flow Per Share	1.64	0.37	0.41	0.77	0.48	0.64
Dividend Per Share	0.400	0.400	0.350	-	0.300	0.400
Dividend Growth	14.29%	14.29%	-	-	-25.00%	-
Gross Margin	36.25%	35.58%	36.27%	39.92%	44.75%	48.77%
Operating Margin	12.05%	10.68%	12.56%	20.29%	23.20%	25.82%
Profit Margin	18.35%	17.61%	18.59%	20.03%	22.70%	24.78%
Free Cash Flow Margin	61.17%	11.00%	10.00%	16.51%	11.60%	17.40%
EBITDA	35.3	38.41	46.59	69.39	70.37	68.83
EBITDA Margin	14.98%	13.08%	14.86%	22.59%	25.55%	28.26%
D&A For EBITDA	6.91	7.05	7.23	7.09	6.48	5.94
EBIT	28.39	31.36	39.36	62.31	63.89	62.89
EBIT Margin	12.05%	10.68%	12.56%	20.29%	23.20%	25.82%
Effective Tax Rate	7.04%	5.82%	1.62%	10.91%	12.46%	13.19%
Revenue as Reported	235.58	293.66	313.47	307.14	275.41	243.59
Advertising Expenses	-	0.82	2.51	0.16	-	-

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