SHE:301319 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	1,398	1,193	954.99	1,036	854.49	583.06
Other Revenue	19.27	19.27	8.85	9.21	8.51	7.74
Revenue	1,417	1,212	963.85	1,045	862.99	590.8
Revenue Growth (YoY)	27.84%	25.75%	-7.74%	21.06%	46.07%	14.01%
Cost of Revenue	1,188	1,001	763.95	859.44	673.5	429.47
Gross Profit	229.27	211.02	199.9	185.29	189.49	161.33
Selling, General & Admin	98.17	87.88	77.88	65.06	59.77	63.17
Research & Development	37.56	32.9	26.69	26.95	26.07	20.04
Other Operating Expenses	4.74	3.44	3.26	3.68	3.9	3.4
Operating Expenses	148.7	132.75	111.41	93.53	97.09	91.98
Operating Income	80.57	78.27	88.49	91.76	92.4	69.35
Interest Expense	-1.45	-0.47	-0.28	-4.35	-2.61	-1.28
Interest & Investment Income	9.7	13.38	16.39	2.72	0.27	1.19
Currency Exchange Gain (Loss)	0.26	0.26	0.37	0.52	-0.37	0.24
Other Non Operating Income (Expenses)	-0.02	-0.39	0.76	-1.29	-0.67	-0.18
EBT Excluding Unusual Items	89.06	91.05	105.73	89.36	89.02	69.32
Gain (Loss) on Sale of Investments	0.24	0.24	-0.16	-2.24	-	-
Gain (Loss) on Sale of Assets	0.5	0.07	0	1.21	-0.11	-0.04
Asset Writedown	-0.04	-0.19	-0.03	-0.23	-0.03	-0.34
Other Unusual Items	10.67	10.67	11.1	5.28	5.11	5.41
Pretax Income	100.43	101.84	116.64	93.39	93.99	74.35
Income Tax Expense	14.84	12.48	14.48	10.69	11.68	9.11
Net Income	85.82	89.36	102.16	82.7	82.31	65.24
Net Income to Common	85.82	89.36	102.16	82.7	82.31	65.24
Net Income Growth	-12.28%	-12.53%	23.52%	0.47%	26.17%	20.45%
Shares Outstanding (Basic)	124	123	123	100	93	93
Shares Outstanding (Diluted)	124	123	123	100	93	93
Shares Change (YoY)	0.10%	-0.04%	23.52%	7.98%	-0.14%	0.11%
EPS (Basic)	0.69	0.72	0.83	0.83	0.89	0.70
EPS (Diluted)	0.69	0.72	0.83	0.83	0.89	0.70
EPS Growth	-12.37%	-12.49%	-	-6.96%	26.35%	20.32%
Free Cash Flow	55.86	-47.52	52.4	76	-17.23	55.38
Free Cash Flow Per Share	0.45	-0.39	0.42	0.76	-0.19	0.60
Dividend Per Share	0.552	0.552	0.666	0.333	-	0.333
Dividend Growth	-17.14%	-17.14%	99.97%	-	-	-
Gross Margin	16.18%	17.41%	20.74%	17.74%	21.96%	27.31%
Operating Margin	5.68%	6.46%	9.18%	8.78%	10.71%	11.74%
Profit Margin	6.05%	7.37%	10.60%	7.92%	9.54%	11.04%
Free Cash Flow Margin	3.94%	-3.92%	5.44%	7.27%	-2.00%	9.37%
EBITDA	86.37	84.06	94.28	98.21	98.77	75.69
EBITDA Margin	6.09%	6.93%	9.78%	9.40%	11.45%	12.81%
D&A For EBITDA	5.79	5.79	5.79	6.45	6.38	6.34
EBIT	80.57	78.27	88.49	91.76	92.4	69.35
EBIT Margin	5.68%	6.46%	9.18%	8.78%	10.71%	11.74%
Effective Tax Rate	14.78%	12.25%	12.41%	11.45%	12.43%	12.26%
Revenue as Reported	1,417	1,212	963.85	1,045	862.99	590.8
Advertising Expenses	-	1.1	0.51	0.32	0.35	0.23

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