SHE:301533 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	799.22	922.28	786.5	664.79	773.2	643.83
Other Revenue	2.52	2.52	2.14	1.82	-	-
Revenue	801.75	924.8	788.64	666.6	773.2	643.83
Revenue Growth (YoY)	-10.22%	17.27%	18.31%	-13.79%	20.09%	26.88%
Cost of Revenue	653.93	765.77	645.52	549.02	654.66	536.56
Gross Profit	147.82	159.03	143.12	117.58	118.54	107.26
Selling, General & Admin	68.38	58.98	47.03	34.19	30.18	28.47
Research & Development	37.33	32.97	24.78	16.47	13.6	9.16
Other Operating Expenses	3.15	1.88	1.05	1.19	-1.4	-3.87
Operating Expenses	108.47	95.6	73.94	50.22	44.69	35.64
Operating Income	39.35	63.43	69.18	67.36	73.85	71.63
Interest Expense	-0.15	-0.53	-0.65	-0.8	-0.6	-
Interest & Investment Income	13.09	20.27	7.49	0.33	9.29	7.35
Currency Exchange Gain (Loss)	9.82	9.82	1.08	8.32	-3.28	-9.07
Other Non Operating Income (Expenses)	1.7	-1.03	-0.71	-0.42	0.47	-0.71
EBT Excluding Unusual Items	63.81	91.96	76.4	74.78	79.72	69.19
Gain (Loss) on Sale of Investments	-	-	-1.57	-9.81	-0.17	0.73
Gain (Loss) on Sale of Assets	-0.77	0.31	-0.02	-0	-	-
Asset Writedown	-0.14	-0.01	-0.03	-0.08	-0.13	-0.06
Legal Settlements	-	-	-	-	0.67	-
Other Unusual Items	3.24	1.45	7.02	14.95	0.54	1.71
Pretax Income	66.15	93.72	81.8	79.83	80.64	71.57
Income Tax Expense	10.38	14.19	9.17	9.88	9.61	9.84
Net Income	55.76	79.53	72.63	69.95	71.03	61.73
Net Income to Common	55.76	79.53	72.63	69.95	71.03	61.73
Net Income Growth	-28.55%	9.50%	3.84%	-1.52%	15.06%	37.61%
Shares Outstanding (Basic)	98	98	82	74	74	73
Shares Outstanding (Diluted)	98	98	82	74	74	73
Shares Change (YoY)	0.07%	20.32%	10.84%	-0.14%	0.91%	2.61%
EPS (Basic)	0.57	0.81	0.89	0.95	0.96	0.84
EPS (Diluted)	0.57	0.81	0.89	0.95	0.96	0.84
EPS Growth	-28.60%	-8.99%	-6.32%	-1.04%	14.29%	33.33%
Free Cash Flow	-156.19	-138.67	72.2	110.1	20.42	31.3
Free Cash Flow Per Share	-1.59	-1.41	0.89	1.50	0.28	0.43
Dividend Per Share	0.400	0.400	0.400	-	-	-
Gross Margin	18.44%	17.20%	18.15%	17.64%	15.33%	16.66%
Operating Margin	4.91%	6.86%	8.77%	10.11%	9.55%	11.13%
Profit Margin	6.96%	8.60%	9.21%	10.49%	9.19%	9.59%
Free Cash Flow Margin	-19.48%	-14.99%	9.15%	16.52%	2.64%	4.86%
EBITDA	49.21	73.58	79.71	77.23	81.86	78.81
EBITDA Margin	6.14%	7.96%	10.11%	11.58%	10.59%	12.24%
D&A For EBITDA	9.87	10.15	10.53	9.87	8.01	7.19
EBIT	39.35	63.43	69.18	67.36	73.85	71.63
EBIT Margin	4.91%	6.86%	8.77%	10.11%	9.55%	11.13%
Effective Tax Rate	15.70%	15.14%	11.21%	12.38%	11.92%	13.74%
Revenue as Reported	801.75	924.8	788.64	666.6	-	-
Advertising Expenses	-	3.14	2.48	0.96	1.66	1.67

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