SHE:301456 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	609.2	479.94	408.23	342.58	325.87	347.84
Other Revenue	1.58	1.58	1.09	0.85	0.76	0.29
Revenue	610.78	481.52	409.32	343.43	326.63	348.13
Revenue Growth (YoY)	31.56%	17.64%	19.19%	5.14%	-6.18%	83.37%
Cost of Revenue	405.29	307.12	229.81	171.39	136.04	112.2
Gross Profit	205.49	174.4	179.51	172.05	190.59	235.93
Selling, General & Admin	110.04	98.33	49.01	38.48	33.48	33.22
Research & Development	36.52	35.05	19.78	17.96	14.45	13.09
Other Operating Expenses	3.49	0.57	2.18	3.37	3.34	3.97
Operating Expenses	160.13	138.57	74.83	62.36	51.23	54.12
Operating Income	45.36	35.83	104.68	109.68	139.37	181.81
Interest Expense	-0.01	-0.69	-0.09	-0.38	-0.24	-0.21
Interest & Investment Income	23.35	30.81	13.21	3.34	1.62	1.89
Currency Exchange Gain (Loss)	-0.22	-0.22	0.99	0.53	-0.55	-0.01
Other Non Operating Income (Expenses)	4.12	1.49	-1.68	-0.14	0.02	0.43
EBT Excluding Unusual Items	72.6	67.2	117.12	113.04	140.21	183.9
Gain (Loss) on Sale of Investments	2.12	1.2	2.89	0.53	-	0.11
Gain (Loss) on Sale of Assets	0.29	-0.02	0.1	0.03	-	-
Asset Writedown	-0.76	-	-0	-0.02	0.01	0.07
Other Unusual Items	4.44	1.82	6.79	8.3	18.67	0.77
Pretax Income	78.7	70.2	126.9	121.88	158.89	184.85
Income Tax Expense	10.03	7.24	16.17	13.64	21.93	27.07
Earnings From Continuing Operations	68.67	62.96	110.72	108.23	136.97	157.78
Earnings From Discontinued Operations	-	-	-	-	0.24	-
Net Income to Company	68.67	62.96	110.72	108.23	137.2	157.78
Minority Interest in Earnings	-1.1	-0.39	-0	0.01	-	-
Net Income	67.57	62.57	110.72	108.24	137.2	157.78
Net Income to Common	67.57	62.57	110.72	108.24	137.2	157.78
Net Income Growth	-25.24%	-43.49%	2.29%	-21.11%	-13.04%	221.01%
Shares Outstanding (Basic)	147	149	127	112	112	99
Shares Outstanding (Diluted)	147	149	127	112	112	99
Shares Change (YoY)	-1.64%	17.05%	14.05%	0.04%	12.41%	-
EPS (Basic)	0.46	0.42	0.87	0.97	1.23	1.59
EPS (Diluted)	0.46	0.42	0.87	0.97	1.23	1.59
EPS Growth	-23.99%	-51.72%	-10.31%	-21.14%	-22.64%	-
Free Cash Flow	-56.54	-128.42	-13.5	130.08	-7.5	-38.33
Free Cash Flow Per Share	-0.38	-0.86	-0.11	1.17	-0.07	-0.39
Dividend Per Share	0.200	0.335	0.335	-	-	-
Gross Margin	33.64%	36.22%	43.86%	50.10%	58.35%	67.77%
Operating Margin	7.43%	7.44%	25.57%	31.94%	42.67%	52.22%
Profit Margin	11.06%	12.99%	27.05%	31.52%	42.01%	45.32%
Free Cash Flow Margin	-9.26%	-26.67%	-3.30%	37.88%	-2.30%	-11.01%
EBITDA	69.32	57.34	122.93	124.17	150.26	186.73
EBITDA Margin	11.35%	11.91%	30.03%	36.16%	46.00%	53.64%
D&A For EBITDA	23.96	21.51	18.25	14.49	10.89	4.93
EBIT	45.36	35.83	104.68	109.68	139.37	181.81
EBIT Margin	7.43%	7.44%	25.57%	31.94%	42.67%	52.22%
Effective Tax Rate	12.74%	10.32%	12.75%	11.19%	13.80%	14.64%
Revenue as Reported	610.78	481.52	409.32	343.43	326.63	348.13
Advertising Expenses	-	4.41	1.24	0.88	0.78	0.62

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