SHE:301373 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	501.91	478.8	465.55	400.72	408.7	349.91
Other Revenue	0.1	0.1	0.35	0.52	0.49	0.28
Revenue	502.01	478.9	465.9	401.24	409.19	350.19
Revenue Growth (YoY)	9.19%	2.79%	16.11%	-1.94%	16.85%	5.29%
Cost of Revenue	278.04	265.05	274.54	249.6	265.98	220.22
Gross Profit	223.97	213.85	191.36	151.64	143.21	129.97
Selling, General & Admin	53.85	50.45	45.69	37.22	33.33	28.24
Research & Development	26.88	25.38	24.07	15.7	13.73	9.96
Other Operating Expenses	5.4	2.5	2.11	3.18	3.78	2.95
Operating Expenses	87.03	79	72.08	56.07	51	42.3
Operating Income	136.95	134.85	119.28	95.57	92.21	87.68
Interest Expense	-0.78	-0.73	-1.17	-0.32	-0.31	-0.01
Interest & Investment Income	28.46	27.34	26.67	7.47	2.5	9.43
Currency Exchange Gain (Loss)	1.6	1.6	0.76	2.69	-0.06	-0.72
Other Non Operating Income (Expenses)	-0.11	-0.17	-0.24	-0.19	-0.28	-0.12
EBT Excluding Unusual Items	166.11	162.89	145.3	105.22	94.06	96.26
Gain (Loss) on Sale of Investments	-0.73	-0.1	0.77	-	-15.98	-
Gain (Loss) on Sale of Assets	0.05	0.06	0.06	0.03	-	-0.02
Asset Writedown	-0.03	-	-0.22	-0.68	-0.12	-0.2
Other Unusual Items	10.02	1.96	4.31	4.3	3.34	2.15
Pretax Income	175.43	164.81	150.23	108.87	81.29	98.2
Income Tax Expense	32.66	29.8	25.23	17.8	13.26	17.95
Earnings From Continuing Operations	142.77	135.01	125	91.07	68.03	80.26
Minority Interest in Earnings	-0.11	-0.12	-0.12	-0.08	-0.49	-0.65
Net Income	142.66	134.89	124.87	90.99	67.54	79.61
Net Income to Common	142.66	134.89	124.87	90.99	67.54	79.61
Net Income Growth	9.17%	8.02%	37.24%	34.71%	-15.15%	21.83%
Shares Outstanding (Basic)	109	109	106	81	81	81
Shares Outstanding (Diluted)	109	109	106	81	81	81
Shares Change (YoY)	-0.88%	2.79%	30.26%	-0.17%	0.18%	9.40%
EPS (Basic)	1.31	1.24	1.18	1.12	0.83	0.98
EPS (Diluted)	1.31	1.24	1.18	1.12	0.83	0.98
EPS Growth	10.14%	5.08%	5.36%	34.94%	-15.31%	11.36%
Free Cash Flow	33.27	40.8	-83.08	49.09	73.9	16.78
Free Cash Flow Per Share	0.30	0.38	-0.79	0.60	0.91	0.21
Dividend Per Share	0.700	0.500	0.600	0.300	-	-
Dividend Growth	133.33%	-16.67%	100.00%	-	-	-
Gross Margin	44.62%	44.65%	41.07%	37.79%	35.00%	37.11%
Operating Margin	27.28%	28.16%	25.60%	23.82%	22.54%	25.04%
Profit Margin	28.42%	28.17%	26.80%	22.68%	16.51%	22.73%
Free Cash Flow Margin	6.63%	8.52%	-17.83%	12.23%	18.06%	4.79%
EBITDA	162.36	153.54	129	105.45	101.79	96.43
EBITDA Margin	32.34%	32.06%	27.69%	26.28%	24.88%	27.53%
D&A For EBITDA	25.42	18.69	9.72	9.88	9.57	8.75
EBIT	136.95	134.85	119.28	95.57	92.21	87.68
EBIT Margin	27.28%	28.16%	25.60%	23.82%	22.54%	25.04%
Effective Tax Rate	18.61%	18.08%	16.80%	16.35%	16.31%	18.28%
Revenue as Reported	502.01	478.9	465.9	401.24	409.19	350.19
Advertising Expenses	-	1.18	1.11	0.42	0.71	0.56

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