SHE:301421 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	470.09	401.77	357.1	337.25	305.04	262.81
Other Revenue	14.11	14.11	6.7	4.66	4.38	3.69
Revenue	484.2	415.88	363.8	341.91	309.42	266.5
Revenue Growth (YoY)	27.67%	14.31%	6.40%	10.50%	16.10%	17.90%
Cost of Revenue	344.78	286.4	228.04	216.29	196.63	169.89
Gross Profit	139.42	129.48	135.76	125.63	112.79	96.61
Selling, General & Admin	81.41	69.93	59.83	38.41	36.58	30.23
Research & Development	29.31	27.87	21.58	20.01	16.85	14.48
Other Operating Expenses	0.91	0.32	1.9	1.59	1.6	2.08
Operating Expenses	113.88	100.06	84.12	61.87	55.12	49.37
Operating Income	25.54	29.43	51.63	63.76	57.67	47.24
Interest Expense	-	-0.14	-1.39	-0.02	-0.01	-0.03
Interest & Investment Income	7	12.28	9.05	0.2	0.72	1.37
Currency Exchange Gain (Loss)	0.7	0.7	0.5	0.61	-0.27	-0.08
Other Non Operating Income (Expenses)	0.43	-0.88	-0.42	-0.47	-0.34	-0.54
EBT Excluding Unusual Items	33.68	41.4	59.39	64.08	57.77	47.96
Impairment of Goodwill	-	-	-1.55	-	-	-
Gain (Loss) on Sale of Investments	1.98	2.3	0	-0.04	-	-
Gain (Loss) on Sale of Assets	-0.06	0.29	-0.04	0.09	0.02	-0.07
Asset Writedown	0.56	-	-	-	-	-
Legal Settlements	-	-	-	-	-0.03	-0.05
Other Unusual Items	3.01	1.82	1.66	6.4	2.16	3.69
Pretax Income	39.17	45.81	59.45	70.52	59.91	51.52
Income Tax Expense	7.26	8.98	7.37	9.74	5.47	6.04
Earnings From Continuing Operations	31.91	36.83	52.08	60.78	54.45	45.48
Minority Interest in Earnings	-	0.13	2.05	0.7	-0.01	-1.43
Net Income	31.91	36.96	54.13	61.48	54.43	44.05
Net Income to Common	31.91	36.96	54.13	61.48	54.43	44.05
Net Income Growth	-24.57%	-31.72%	-11.96%	12.95%	23.56%	91.63%
Shares Outstanding (Basic)	116	115	97	88	86	86
Shares Outstanding (Diluted)	116	115	97	88	86	86
Shares Change (YoY)	-0.37%	19.50%	10.04%	1.66%	0.03%	-9.34%
EPS (Basic)	0.28	0.32	0.56	0.70	0.63	0.51
EPS (Diluted)	0.28	0.32	0.56	0.70	0.63	0.51
EPS Growth	-24.29%	-42.86%	-20.00%	11.11%	23.53%	111.36%
Free Cash Flow	-101.94	-113.73	-48.64	-47.63	23.77	38.75
Free Cash Flow Per Share	-0.88	-0.98	-0.50	-0.54	0.28	0.45
Dividend Per Share	0.080	0.100	0.300	-	-	-
Dividend Growth	-78.38%	-66.67%	-	-	-	-
Gross Margin	28.79%	31.14%	37.32%	36.74%	36.45%	36.25%
Operating Margin	5.28%	7.08%	14.19%	18.65%	18.64%	17.73%
Profit Margin	6.59%	8.89%	14.88%	17.98%	17.59%	16.53%
Free Cash Flow Margin	-21.05%	-27.35%	-13.37%	-13.93%	7.68%	14.54%
EBITDA	61.13	58.47	71.96	79.1	70.54	58.49
EBITDA Margin	12.62%	14.06%	19.78%	23.14%	22.80%	21.95%
D&A For EBITDA	35.58	29.04	20.33	15.34	12.87	11.25
EBIT	25.54	29.43	51.63	63.76	57.67	47.24
EBIT Margin	5.28%	7.08%	14.19%	18.65%	18.64%	17.73%
Effective Tax Rate	18.54%	19.61%	12.40%	13.82%	9.13%	11.71%
Revenue as Reported	484.2	415.88	363.8	341.91	309.42	266.5
Advertising Expenses	-	2.02	2.16	0.76	0.96	0.65

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