SHE:301567 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	391.88	391.59	372.7	342.08	327.65	249.7
Other Revenue	10.42	10.42	7.8	7.81	7.6	2.9
Revenue	402.29	402.01	380.5	349.89	335.25	252.61
Revenue Growth (YoY)	-1.51%	5.65%	8.75%	4.37%	32.72%	2.51%
Cost of Revenue	314.55	305.47	264.31	240.8	223.92	158.5
Gross Profit	87.74	96.54	116.18	109.09	111.33	94.11
Selling, General & Admin	37.52	34.49	25.4	23.19	29.72	16.59
Research & Development	26.57	25.5	23.26	24.45	18.66	13.25
Other Operating Expenses	8.23	3.9	2.36	3.34	1.91	2.58
Operating Expenses	72.45	63.49	54.63	50.94	48.89	32.01
Operating Income	15.29	33.05	61.55	58.15	62.44	62.1
Interest Expense	-0.83	-2.04	-5.22	-6.48	-6.86	-4.81
Interest & Investment Income	0.67	1.52	0.1	0.28	0.08	0.08
Currency Exchange Gain (Loss)	0.76	0.76	0.13	0.16	-0	-0
Other Non Operating Income (Expenses)	-0.06	-0.14	-0.12	0.95	0.26	0.41
EBT Excluding Unusual Items	15.83	33.14	56.45	53.06	55.93	57.78
Gain (Loss) on Sale of Investments	0.2	-	-0.19	-	-	-
Gain (Loss) on Sale of Assets	0	0.45	0.59	0.5	-0.09	0.05
Asset Writedown	0.79	-0.03	-0	-2.2	-0.01	-0.22
Other Unusual Items	13.55	6.88	7.63	12.32	7.88	2.05
Pretax Income	30.38	40.45	64.48	63.67	63.71	59.66
Income Tax Expense	0.87	2.55	6.4	3.11	7.82	7.75
Net Income	29.52	37.9	58.09	60.56	55.89	51.91
Net Income to Common	29.52	37.9	58.09	60.56	55.89	51.91
Net Income Growth	-28.78%	-34.75%	-4.09%	8.37%	7.67%	-8.87%
Shares Outstanding (Basic)	73	71	54	54	54	54
Shares Outstanding (Diluted)	73	71	54	54	54	54
Shares Change (YoY)	10.02%	30.56%	-0.14%	-0.34%	0.35%	-
EPS (Basic)	0.41	0.54	1.08	1.12	1.03	0.96
EPS (Diluted)	0.41	0.54	1.08	1.12	1.03	0.96
EPS Growth	-35.26%	-50.02%	-3.96%	8.74%	7.29%	-
Free Cash Flow	6.46	9.67	-18.38	-72.25	-62.11	27.94
Free Cash Flow Per Share	0.09	0.14	-0.34	-1.34	-1.15	0.52
Dividend Per Share	0.180	0.180	0.280	-	-	0.270
Dividend Growth	-35.71%	-35.71%	-	-	-	-
Gross Margin	21.81%	24.02%	30.53%	31.18%	33.21%	37.25%
Operating Margin	3.80%	8.22%	16.18%	16.62%	18.63%	24.58%
Profit Margin	7.34%	9.43%	15.27%	17.31%	16.67%	20.55%
Free Cash Flow Margin	1.61%	2.41%	-4.83%	-20.65%	-18.53%	11.06%
EBITDA	80.61	90.58	108.71	100.78	95.1	86.2
EBITDA Margin	20.04%	22.53%	28.57%	28.80%	28.37%	34.12%
D&A For EBITDA	65.32	57.54	47.16	42.63	32.65	24.1
EBIT	15.29	33.05	61.55	58.15	62.44	62.1
EBIT Margin	3.80%	8.22%	16.18%	16.62%	18.63%	24.58%
Effective Tax Rate	2.85%	6.30%	9.92%	4.88%	12.27%	12.99%
Revenue as Reported	402.29	402.01	380.5	349.89	-	-
Advertising Expenses	-	3.53	2.92	0.7	0.13	0.24

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