SHE:301556 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	544.64	488.9	459.45	375.17	332.1	265.28
Other Revenue	-	-	-	-	-	0.18
Revenue	544.64	488.9	459.45	375.17	332.1	265.46
Revenue Growth (YoY)	10.55%	6.41%	22.47%	12.97%	25.10%	16.49%
Cost of Revenue	281.37	239.01	210.64	164.07	154.27	116.73
Gross Profit	263.27	249.89	248.82	211.1	177.82	148.73
Selling, General & Admin	93.89	94.83	90.75	80.17	72.55	60.59
Research & Development	51.66	49.97	48.77	43.1	37.72	27.29
Other Operating Expenses	-8.45	-3.05	-3.96	-1.96	-0.91	-1.7
Operating Expenses	144.98	149.88	137.74	120.02	109.97	90.56
Operating Income	118.29	100.01	111.08	91.07	67.85	58.17
Interest Expense	-	-0.05	-0.08	-0.17	-0.18	-0.17
Interest & Investment Income	16.07	15.49	11.13	10.19	8.46	6.84
Currency Exchange Gain (Loss)	0.07	0.07	-0.23	0.13	-0.07	-0.53
Other Non Operating Income (Expenses)	2.72	2.31	-2.33	-0.93	-2.13	-2.22
EBT Excluding Unusual Items	137.15	117.82	119.56	100.29	73.93	62.1
Gain (Loss) on Sale of Investments	-	0.29	0.64	-0.18	-0.32	0.7
Gain (Loss) on Sale of Assets	-0	0	0.06	-	-	-
Asset Writedown	-0.8	-0.66	-0.01	-0.01	-0.07	-0.15
Other Unusual Items	20.51	20.51	8.33	4.45	6.87	8.91
Pretax Income	156.86	137.96	128.59	104.56	80.42	71.56
Income Tax Expense	18.7	14.5	13.58	11.87	7.9	8.85
Earnings From Continuing Operations	138.16	123.46	115.01	92.68	72.51	62.71
Net Income	138.16	123.46	115.01	92.68	72.51	62.71
Net Income to Common	138.16	123.46	115.01	92.68	72.51	62.71
Net Income Growth	10.61%	7.35%	24.09%	27.82%	15.64%	130.02%
Shares Outstanding (Basic)	84	67	64	64	64	62
Shares Outstanding (Diluted)	84	67	64	64	64	62
Shares Change (YoY)	31.28%	5.59%	-0.10%	-	2.97%	4.25%
EPS (Basic)	1.65	1.83	1.80	1.45	1.13	1.01
EPS (Diluted)	1.65	1.83	1.80	1.45	1.13	1.01
EPS Growth	-15.75%	1.67%	24.22%	28.24%	11.93%	120.64%
Free Cash Flow	54.04	76.47	77.13	35.44	89.8	70.21
Free Cash Flow Per Share	0.65	1.13	1.21	0.55	1.40	1.13
Dividend Per Share	0.822	0.587	-	-	-	-
Gross Margin	48.34%	51.11%	54.16%	56.27%	53.55%	56.03%
Operating Margin	21.72%	20.46%	24.18%	24.28%	20.43%	21.91%
Profit Margin	25.37%	25.25%	25.03%	24.70%	21.83%	23.62%
Free Cash Flow Margin	9.92%	15.64%	16.79%	9.45%	27.04%	26.45%
EBITDA	124.58	105.54	115.6	95.38	72.13	62.67
EBITDA Margin	22.87%	21.59%	25.16%	25.42%	21.72%	23.61%
D&A For EBITDA	6.29	5.53	4.52	4.3	4.28	4.51
EBIT	118.29	100.01	111.08	91.07	67.85	58.17
EBIT Margin	21.72%	20.46%	24.18%	24.28%	20.43%	21.91%
Effective Tax Rate	11.92%	10.51%	10.56%	11.36%	9.83%	12.37%
Revenue as Reported	544.64	488.9	459.45	375.17	332.1	265.46
Advertising Expenses	-	3.95	2.93	1.88	1.93	2.36

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