SHE:301535 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	755.05	670.07	542.37	481.79	439.34	330.96
Other Revenue	11.63	11.63	10.95	9.44	14.66	14.79
Revenue	766.68	681.7	553.31	491.23	454.01	345.74
Revenue Growth (YoY)	38.56%	23.20%	12.64%	8.20%	31.31%	26.33%
Cost of Revenue	555.34	480.97	393.68	358.85	316.97	234.55
Gross Profit	211.34	200.73	159.63	132.38	137.03	111.2
Selling, General & Admin	64.04	58.29	53.09	45.74	50.12	39.36
Research & Development	29.84	27.54	24.97	24.83	23.04	18.01
Other Operating Expenses	-7.73	2.91	1.49	2.2	2.99	3.27
Operating Expenses	87.96	93.79	81.78	75.25	75.89	63.55
Operating Income	123.38	106.93	77.85	57.13	61.14	47.65
Interest Expense	-3.79	-4.8	-4.63	-4.3	-4.51	-0.84
Interest & Investment Income	16.82	16.6	14.73	7.24	169.7	9.87
Currency Exchange Gain (Loss)	4.72	4.72	4.18	18.97	-4.39	-12.94
Other Non Operating Income (Expenses)	0	0.04	0.06	-0.22	-0.52	-0.14
EBT Excluding Unusual Items	141.13	123.5	92.18	78.82	221.42	43.61
Gain (Loss) on Sale of Investments	1.35	-	-	-	-	8.37
Gain (Loss) on Sale of Assets	-0.1	-0.71	0.92	0.78	0.32	0.01
Asset Writedown	-1.14	-0.6	-0.21	0	-0	-
Other Unusual Items	0.25	0.25	1.41	6.47	10.34	7.05
Pretax Income	141.48	122.44	94.3	86.08	232.08	59.03
Income Tax Expense	16.26	15.1	11.66	9.26	31.98	8.44
Earnings From Continuing Operations	125.23	107.34	82.64	76.82	200.1	50.6
Minority Interest in Earnings	-	-	-	-	-	-2.8
Net Income	125.23	107.34	82.64	76.82	200.1	47.8
Net Income to Common	125.23	107.34	82.64	76.82	200.1	47.8
Net Income Growth	51.54%	29.89%	7.58%	-61.61%	318.60%	58.35%
Shares Outstanding (Basic)	390	358	359	366	364	352
Shares Outstanding (Diluted)	390	358	359	366	364	352
Shares Change (YoY)	8.46%	-0.42%	-1.78%	0.55%	3.39%	-
EPS (Basic)	0.32	0.30	0.23	0.21	0.55	0.14
EPS (Diluted)	0.32	0.30	0.23	0.21	0.55	0.14
EPS Growth	39.72%	30.44%	9.52%	-61.82%	304.87%	-
Free Cash Flow	87.51	25.03	-29.4	-5.92	-30.27	-47.23
Free Cash Flow Per Share	0.23	0.07	-0.08	-0.02	-0.08	-0.13
Dividend Per Share	0.118	0.118	-	-	-	-
Gross Margin	27.57%	29.45%	28.85%	26.95%	30.18%	32.16%
Operating Margin	16.09%	15.69%	14.07%	11.63%	13.47%	13.78%
Profit Margin	16.33%	15.75%	14.94%	15.64%	44.07%	13.83%
Free Cash Flow Margin	11.42%	3.67%	-5.31%	-1.21%	-6.67%	-13.66%
EBITDA	162.87	140.54	103.62	79.75	81.15	62.79
EBITDA Margin	21.24%	20.62%	18.73%	16.23%	17.87%	18.16%
D&A For EBITDA	39.49	33.61	25.77	22.62	20.01	15.14
EBIT	123.38	106.93	77.85	57.13	61.14	47.65
EBIT Margin	16.09%	15.69%	14.07%	11.63%	13.47%	13.78%
Effective Tax Rate	11.49%	12.34%	12.37%	10.76%	13.78%	14.29%
Revenue as Reported	766.68	681.7	553.31	491.23	454.01	-
Advertising Expenses	-	0.36	0.21	0.12	0.59	0.79

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