SHE:301449 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	870	799.77	725.54	596.98	494.12	385.87
Other Revenue	0.17	0.35	0.17	0.22	1.1	7.72
Revenue	870.17	800.12	725.71	597.2	495.22	393.59
Revenue Growth (YoY)	75.71%	10.25%	21.52%	20.59%	25.82%	200.29%
Cost of Revenue	416.73	373.15	334.8	282.56	230	175.09
Gross Profit	453.44	426.97	390.91	314.64	265.22	218.5
Selling, General & Admin	266.2	255.15	234.16	191.24	186.72	151.34
Research & Development	36.13	33.08	31.17	26.43	21.58	17.64
Other Operating Expenses	3.67	4.03	3.29	1.75	1	1.63
Operating Expenses	317.66	301.63	277.24	226.53	211.66	172.44
Operating Income	135.78	125.34	113.67	88.12	53.55	46.06
Interest Expense	-1.83	-1.52	-1.32	-1.36	-1.42	-
Interest & Investment Income	2.21	2.11	1.93	1.28	1.61	1.07
Other Non Operating Income (Expenses)	-0.18	-0.38	-0.21	-0.31	-0.17	0.15
EBT Excluding Unusual Items	135.98	125.55	114.08	87.72	53.58	47.27
Gain (Loss) on Sale of Investments	0.11	0.14	-	-	0.34	0.15
Gain (Loss) on Sale of Assets	0.13	-0.03	-0.67	0.01	0.09	-0.01
Asset Writedown	-0.56	-0.42	-1.34	-1.4	-0.22	-2.02
Other Unusual Items	0.63	0.93	4.41	9.8	6.74	3.61
Pretax Income	136.29	126.18	116.47	96.14	60.53	49
Income Tax Expense	15.56	15.12	15.22	11.75	8.51	7.16
Earnings From Continuing Operations	120.74	111.06	101.25	84.39	52.02	41.84
Net Income	120.74	111.06	101.25	84.39	52.02	41.84
Net Income to Common	120.74	111.06	101.25	84.39	52.02	41.84
Net Income Growth	132.07%	9.68%	19.99%	62.20%	24.34%	261.00%
Shares Outstanding (Basic)	49	49	49	49	33	33
Shares Outstanding (Diluted)	49	49	49	49	33	33
Shares Change (YoY)	50.31%	0.02%	0.28%	50.01%	-0.53%	9.99%
EPS (Basic)	2.47	2.27	2.07	1.73	1.60	1.28
EPS (Diluted)	2.47	2.27	2.07	1.73	1.60	1.28
EPS Growth	54.39%	9.66%	19.65%	8.13%	25.00%	228.20%
Free Cash Flow	52.71	73.14	76.83	29.63	29	32.52
Free Cash Flow Per Share	1.08	1.50	1.57	0.61	0.89	0.99
Dividend Per Share	-	-	-	0.500	-	-
Gross Margin	52.11%	53.36%	53.87%	52.69%	53.55%	55.51%
Operating Margin	15.60%	15.67%	15.66%	14.75%	10.81%	11.70%
Profit Margin	13.88%	13.88%	13.95%	14.13%	10.51%	10.63%
Free Cash Flow Margin	6.06%	9.14%	10.59%	4.96%	5.86%	8.26%
EBITDA	182.89	165.26	150.28	118.46	75.14	63.6
EBITDA Margin	21.02%	20.65%	20.71%	19.84%	15.17%	16.16%
D&A For EBITDA	47.11	39.92	36.61	30.34	21.59	17.54
EBIT	135.78	125.34	113.67	88.12	53.55	46.06
EBIT Margin	15.60%	15.67%	15.66%	14.75%	10.81%	11.70%
Effective Tax Rate	11.42%	11.99%	13.07%	12.22%	14.05%	14.61%
Advertising Expenses	-	1.05	0.95	0.23	1.82	1.07

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