SHE:301359 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	329.8	311.63	253.28	241.22	299.49	251.29
Other Revenue	6.04	6.04	6.54	5.85	2.66	0.42
Revenue	335.84	317.67	259.81	247.08	302.16	251.72
Revenue Growth (YoY)	10.72%	22.27%	5.16%	-18.23%	20.04%	11.23%
Cost of Revenue	243.47	230.79	183.86	170.51	197.49	146.08
Gross Profit	92.37	86.88	75.95	76.57	104.66	105.64
Selling, General & Admin	32.57	28.36	25.44	25.08	28.15	22.08
Research & Development	17.64	16.55	15.24	14.74	13.7	10.97
Other Operating Expenses	1.34	2.23	2.76	-2.92	3.04	-4.74
Operating Expenses	52.66	49.13	45	36.37	42.45	30.62
Operating Income	39.71	37.75	30.95	40.2	62.21	75.01
Interest Expense	-0.01	-0.01	-0.01	-0.07	-0.19	-0.31
Interest & Investment Income	3.23	9.28	11.69	1.94	0.31	0.33
Currency Exchange Gain (Loss)	0.5	0.5	0.27	0.57	-0.28	-0.61
Other Non Operating Income (Expenses)	-0.04	-0.09	-0.07	-0.03	-0.05	-0.03
EBT Excluding Unusual Items	43.39	47.43	42.84	42.6	62.01	74.39
Gain (Loss) on Sale of Investments	3.7	2.71	-	-	-	-
Gain (Loss) on Sale of Assets	0.06	0.17	0.04	0.34	-0.04	-
Asset Writedown	-1.43	-0.02	-0.13	-0.04	-0.21	-0.22
Other Unusual Items	0.96	1	0.59	-	6.48	-
Pretax Income	46.68	51.29	43.33	42.9	68.23	74.17
Income Tax Expense	4.57	5.44	4.27	3.48	7.94	10.28
Net Income	42.1	45.85	39.06	39.42	60.28	63.89
Net Income to Common	42.1	45.85	39.06	39.42	60.28	63.89
Net Income Growth	-3.80%	17.38%	-0.90%	-34.62%	-5.65%	11.60%
Shares Outstanding (Basic)	147	121	119	92	90	89
Shares Outstanding (Diluted)	147	121	119	92	90	89
Shares Change (YoY)	57.74%	1.88%	29.26%	2.43%	1.27%	1.20%
EPS (Basic)	0.29	0.38	0.33	0.43	0.67	0.72
EPS (Diluted)	0.29	0.38	0.33	0.43	0.67	0.72
EPS Growth	-39.02%	15.22%	-23.33%	-36.16%	-6.83%	10.87%
Free Cash Flow	41.66	20.79	35.96	64.8	3.7	4.76
Free Cash Flow Per Share	0.28	0.17	0.30	0.70	0.04	0.05
Dividend Per Share	0.357	0.357	0.357	0.179	-	-
Dividend Growth	-	-	99.94%	-	-	-
Gross Margin	27.51%	27.35%	29.23%	30.99%	34.64%	41.97%
Operating Margin	11.82%	11.88%	11.91%	16.27%	20.59%	29.80%
Profit Margin	12.54%	14.43%	15.04%	15.95%	19.95%	25.38%
Free Cash Flow Margin	12.41%	6.54%	13.84%	26.23%	1.22%	1.89%
EBITDA	61.06	59.61	53.5	60.62	78.51	85.64
EBITDA Margin	18.18%	18.77%	20.59%	24.54%	25.98%	34.02%
D&A For EBITDA	21.35	21.86	22.55	20.42	16.29	10.63
EBIT	39.71	37.75	30.95	40.2	62.21	75.01
EBIT Margin	11.82%	11.88%	11.91%	16.27%	20.59%	29.80%
Effective Tax Rate	9.79%	10.61%	9.85%	8.12%	11.64%	13.86%
Revenue as Reported	335.84	317.67	259.81	-	302.16	-
Advertising Expenses	-	1.76	0.63	0.23	0.55	0.39

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