SHE:301448 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	757.63	830.56	582.32	597.94	805.64	682.61
Other Revenue	6.48	6.48	3.97	-	-	-
Revenue	764.11	837.04	586.29	597.94	805.64	682.61
Revenue Growth (YoY)	5.62%	42.77%	-1.95%	-25.78%	18.02%	42.78%
Cost of Revenue	599.97	644.8	449.97	472.9	654.09	503.84
Gross Profit	164.14	192.24	136.32	125.04	151.56	178.77
Selling, General & Admin	136.66	102.05	64.49	57.91	62.54	51.59
Research & Development	25.94	22.31	20.79	19.54	24.25	18.17
Other Operating Expenses	6.05	3.3	3.7	2.38	1.63	2.56
Operating Expenses	170.83	132.35	89.08	80.28	87.59	73.61
Operating Income	-6.69	59.89	47.25	44.75	63.96	105.16
Interest Expense	-0.26	-0.05	-0.08	-0.02	-	-
Interest & Investment Income	5.3	7.39	5.66	0.86	1.43	1.44
Currency Exchange Gain (Loss)	6.03	6.03	0.11	6.29	-3.32	-7.21
Other Non Operating Income (Expenses)	-3.26	-0.32	-0.46	-0.2	-0.56	-0.37
EBT Excluding Unusual Items	1.13	72.95	52.47	51.68	61.5	99.02
Gain (Loss) on Sale of Investments	-	-	-4.08	-1.78	0.58	0.39
Gain (Loss) on Sale of Assets	0.01	-0.23	-0.11	-	-0.05	-0.01
Asset Writedown	0.54	-	-	-	-	-
Other Unusual Items	6.92	6.93	8.07	15.44	11.01	5.92
Pretax Income	8.6	79.64	56.35	65.34	73.05	105.32
Income Tax Expense	3.84	11.94	6.49	10.64	7.16	13.97
Earnings From Continuing Operations	4.75	67.7	49.85	54.69	65.89	91.35
Minority Interest in Earnings	0.38	2.69	1.56	4.42	1.6	-
Net Income	5.13	70.39	51.41	59.12	67.49	91.35
Net Income to Common	5.13	70.39	51.41	59.12	67.49	91.35
Net Income Growth	-92.26%	36.92%	-13.04%	-12.41%	-26.11%	42.14%
Shares Outstanding (Basic)	104	104	92	78	78	78
Shares Outstanding (Diluted)	104	104	92	78	78	78
Shares Change (YoY)	0.16%	12.75%	18.25%	-0.47%	-	-
EPS (Basic)	0.05	0.68	0.56	0.76	0.87	1.17
EPS (Diluted)	0.05	0.68	0.56	0.76	0.86	1.17
EPS Growth	-92.27%	21.43%	-26.46%	-11.61%	-26.32%	42.05%
Free Cash Flow	-91.99	-84.36	82.48	91.3	10.34	63.96
Free Cash Flow Per Share	-0.88	-0.81	0.90	1.18	0.13	0.82
Dividend Per Share	0.210	0.330	0.315	-	-	0.369
Dividend Growth	-32.76%	4.63%	-	-	-	-
Gross Margin	21.48%	22.97%	23.25%	20.91%	18.81%	26.19%
Operating Margin	-0.88%	7.16%	8.06%	7.49%	7.94%	15.41%
Profit Margin	0.67%	8.41%	8.77%	9.89%	8.38%	13.38%
Free Cash Flow Margin	-12.04%	-10.08%	14.07%	15.27%	1.28%	9.37%
EBITDA	3.43	69.42	55.99	53.25	70.84	111.05
EBITDA Margin	0.45%	8.29%	9.55%	8.91%	8.79%	16.27%
D&A For EBITDA	10.12	9.53	8.75	8.49	6.88	5.89
EBIT	-6.69	59.89	47.25	44.75	63.96	105.16
EBIT Margin	-0.88%	7.16%	8.06%	7.48%	7.94%	15.41%
Effective Tax Rate	44.72%	14.99%	11.52%	16.29%	9.80%	13.27%
Revenue as Reported	764.11	837.04	586.29	597.94	805.64	682.61
Advertising Expenses	-	3.43	1.31	0.38	0.32	0.45

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