SHE:301361 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	282.22	237.79	218.62	198.61	202.25	175.44
Other Revenue	0.98	0.98	1.44	1.83	1.15	0.28
Revenue	283.2	238.77	220.06	200.44	203.4	175.71
Revenue Growth (YoY)	29.77%	8.50%	9.79%	-1.46%	15.76%	26.32%
Cost of Revenue	118.29	103.44	101.2	91.88	88.38	76.25
Gross Profit	164.91	135.33	118.86	108.56	115.02	99.46
Selling, General & Admin	54.89	49.63	46.79	34.02	32.37	24.44
Research & Development	27.46	24.07	21.37	15.65	12.88	10.3
Other Operating Expenses	-6.45	-6.86	-4.37	-6.65	-4.91	-4.11
Operating Expenses	76.3	67.21	64.07	43.22	40.05	31.26
Operating Income	88.61	68.12	54.8	65.34	74.98	68.2
Interest & Investment Income	19	18.04	18.47	2.73	1.6	2.75
Currency Exchange Gain (Loss)	0.08	0.08	0.13	-0.1	-0.14	-0.12
Other Non Operating Income (Expenses)	0.76	-0.11	0.46	-0.18	-0.06	-0.17
EBT Excluding Unusual Items	108.45	86.12	73.86	67.79	76.38	70.66
Gain (Loss) on Sale of Investments	0.05	0.77	2.08	-	-	-
Asset Writedown	-0.17	-0.03	-0.13	-0.03	-0.48	-0.26
Other Unusual Items	3.48	3.36	7.29	0.42	2.73	0.49
Pretax Income	111.8	90.22	83.11	68.17	78.63	70.89
Income Tax Expense	13	10.5	9.94	8.22	10.5	10.38
Net Income	98.81	79.72	73.17	59.96	68.12	60.51
Net Income to Common	98.81	79.72	73.17	59.96	68.12	60.51
Net Income Growth	39.75%	8.95%	22.04%	-11.99%	12.59%	21.42%
Shares Outstanding (Basic)	116	116	116	89	87	85
Shares Outstanding (Diluted)	116	116	116	89	87	85
Shares Change (YoY)	-0.51%	-0.52%	29.79%	2.46%	2.49%	0.90%
EPS (Basic)	0.86	0.69	0.63	0.67	0.78	0.71
EPS (Diluted)	0.86	0.69	0.63	0.67	0.78	0.71
EPS Growth	40.47%	9.52%	-5.97%	-14.10%	9.86%	20.34%
Free Cash Flow	80.31	59.29	23.82	-11.19	22.32	37.8
Free Cash Flow Per Share	0.69	0.51	0.20	-0.13	0.26	0.44
Dividend Per Share	0.168	0.138	0.070	0.050	-	-
Dividend Growth	40.00%	97.14%	40.00%	-	-	-
Gross Margin	58.23%	56.68%	54.01%	54.16%	56.55%	56.60%
Operating Margin	31.29%	28.53%	24.90%	32.60%	36.86%	38.81%
Profit Margin	34.89%	33.39%	33.25%	29.91%	33.49%	34.43%
Free Cash Flow Margin	28.36%	24.83%	10.82%	-5.58%	10.97%	21.51%
EBITDA	101.88	79.98	64.79	69.16	78.55	71.17
EBITDA Margin	35.97%	33.50%	29.44%	34.50%	38.62%	40.50%
D&A For EBITDA	13.27	11.86	9.99	3.82	3.57	2.96
EBIT	88.61	68.12	54.8	65.34	74.98	68.2
EBIT Margin	31.29%	28.53%	24.90%	32.60%	36.86%	38.81%
Effective Tax Rate	11.63%	11.64%	11.96%	12.05%	13.36%	14.64%
Revenue as Reported	283.2	238.77	220.06	200.44	-	-
Advertising Expenses	-	2.99	2.21	1.21	1.29	1.28

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