SHE:301469 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	938.68	889.78	796.99	913.63	715.8	664.31
Other Revenue	117.85	117.85	71.75	39.55	41.94	7.65
Revenue	1,057	1,008	868.74	953.18	757.74	671.96
Revenue Growth (YoY)	5.34%	15.99%	-8.86%	25.79%	12.77%	15.19%
Cost of Revenue	901.06	863.91	709.56	773.69	572.87	494.61
Gross Profit	155.47	143.71	159.18	179.48	184.87	177.35
Selling, General & Admin	44.2	40.25	32.65	29.87	35.16	29.84
Research & Development	39.17	38.79	35.45	39.2	29.92	27.49
Other Operating Expenses	0.76	0.08	-2.97	4.47	3.81	3.1
Operating Expenses	86.49	80.1	65.75	75.58	69.46	64.93
Operating Income	68.99	63.61	93.43	103.9	115.41	112.42
Interest Expense	-0.3	-0.19	-4.2	-5.77	-6.99	-11.05
Interest & Investment Income	3.49	6.99	6.51	3.28	2.16	0.73
Currency Exchange Gain (Loss)	-4.33	-4.33	-8.33	-4.89	0.72	1.72
Other Non Operating Income (Expenses)	0.78	-0.57	-1.21	-0.88	-0.71	-0.71
EBT Excluding Unusual Items	68.63	65.52	86.2	95.64	110.6	103.12
Gain (Loss) on Sale of Investments	5.19	4.67	-	-	-	-
Gain (Loss) on Sale of Assets	0.21	0.22	-	0	0.12	0
Asset Writedown	-0	-0	0.01	-0	0.01	-0.06
Other Unusual Items	4.74	4.13	10.71	11.12	7.83	2.71
Pretax Income	78.78	74.54	96.92	106.76	118.56	105.77
Income Tax Expense	8.59	6.08	9.29	9.31	14.94	15.97
Net Income	70.19	68.46	87.63	97.45	103.62	89.79
Net Income to Common	70.19	68.46	87.63	97.45	103.62	89.79
Net Income Growth	-0.56%	-21.88%	-10.08%	-5.95%	15.40%	179.83%
Shares Outstanding (Basic)	89	89	74	67	67	67
Shares Outstanding (Diluted)	89	89	74	67	67	67
Shares Change (YoY)	-0.14%	19.72%	10.50%	0.15%	-	-
EPS (Basic)	0.79	0.77	1.18	1.45	1.54	1.34
EPS (Diluted)	0.79	0.77	1.18	1.45	1.54	1.34
EPS Growth	-0.41%	-34.75%	-18.62%	-5.84%	15.10%	179.83%
Free Cash Flow	-90.98	139.14	-390.69	73.71	83.73	120.89
Free Cash Flow Per Share	-1.02	1.56	-5.26	1.10	1.25	1.80
Dividend Per Share	0.350	0.350	0.559	-	0.750	-
Dividend Growth	-37.39%	-37.39%	-	-	-	-
Gross Margin	14.71%	14.26%	18.32%	18.83%	24.40%	26.39%
Operating Margin	6.53%	6.31%	10.76%	10.90%	15.23%	16.73%
Profit Margin	6.64%	6.79%	10.09%	10.22%	13.68%	13.36%
Free Cash Flow Margin	-8.61%	13.81%	-44.97%	7.73%	11.05%	17.99%
EBITDA	118.03	104.63	123.74	133.94	139.96	135.9
EBITDA Margin	11.17%	10.38%	14.24%	14.05%	18.47%	20.22%
D&A For EBITDA	49.05	41.02	30.32	30.04	24.55	23.47
EBIT	68.99	63.61	93.43	103.9	115.41	112.42
EBIT Margin	6.53%	6.31%	10.76%	10.90%	15.23%	16.73%
Effective Tax Rate	10.90%	8.15%	9.58%	8.72%	12.60%	15.10%
Revenue as Reported	1,057	1,008	868.74	953.18	-	-
Advertising Expenses	-	0.86	0.04	0.21	0.04	0.07

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