SHE:301602 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 2021	FY 2020	FY 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	390.92	368.98	319.77	279.47	315.91	326.68
Other Revenue	6.83	6.83	6.77	4.61	5.9	9.47
Revenue	397.76	375.81	326.54	284.08	321.82	336.15
Revenue Growth (YoY)	23.60%	15.09%	14.95%	-11.73%	-4.26%	-
Cost of Revenue	115.7	113.08	102.3	93.79	114.22	108.05
Gross Profit	282.05	262.74	224.24	190.29	207.59	228.11
Selling, General & Admin	86.85	82.86	83.19	77.63	78.76	94.48
Research & Development	51.13	50.04	47.72	38.56	41.28	47.61
Other Operating Expenses	-5.55	-5.08	-10.22	-6.04	-6.47	-12.35
Operating Expenses	133.58	128.97	122.17	110.32	113.61	129.2
Operating Income	148.47	133.76	102.07	79.97	93.98	98.91
Interest & Investment Income	28.5	26.01	17.06	2.91	3.78	8.78
Currency Exchange Gain (Loss)	6.35	6.35	3.94	-4.68	-9.98	4.51
Other Non Operating Income (Expenses)	-1.41	-0.19	-0.22	-0.31	-0.29	-0.24
EBT Excluding Unusual Items	181.91	165.94	122.85	77.89	87.5	111.95
Gain (Loss) on Sale of Investments	-3.03	-1.77	1.8	0.42	-0.77	0.12
Gain (Loss) on Sale of Assets	-	-	-	-0.77	-5.04	-
Asset Writedown	-0.03	-0.03	-0.01	-0.05	-0.04	-0.04
Other Unusual Items	1.62	1.26	4.89	5.35	8.21	1.24
Pretax Income	180.46	165.39	129.53	82.83	89.86	113.27
Income Tax Expense	22.19	19.82	14.09	6.91	9.79	12.67
Earnings From Continuing Operations	158.28	145.58	115.44	75.92	80.06	100.6
Minority Interest in Earnings	-	-	-0.01	0.86	0.01	0
Net Income	158.28	145.58	115.43	76.78	80.07	100.6
Net Income to Common	158.28	145.58	115.43	76.78	80.07	100.6
Net Income Growth	97.67%	26.12%	50.33%	-4.11%	-20.41%	-
Shares Outstanding (Basic)	367	364	361	366	364	-
Shares Outstanding (Diluted)	367	364	361	366	364	-
Shares Change (YoY)	0.88%	0.90%	-1.35%	0.46%	-	-
EPS (Basic)	0.43	0.40	0.32	0.21	0.22	-
EPS (Diluted)	0.43	0.40	0.32	0.21	0.22	-
EPS Growth	95.94%	25.00%	52.38%	-4.54%	-	-
Free Cash Flow	127.14	113.73	71.88	55.26	84.16	64.8
Free Cash Flow Per Share	0.35	0.31	0.20	0.15	0.23	-
Dividend Per Share	0.102	0.102	-	-	-	-
Gross Margin	70.91%	69.91%	68.67%	66.98%	64.51%	67.86%
Operating Margin	37.33%	35.59%	31.26%	28.15%	29.20%	29.42%
Profit Margin	39.79%	38.74%	35.35%	27.03%	24.88%	29.93%
Free Cash Flow Margin	31.96%	30.26%	22.01%	19.45%	26.15%	19.28%
EBITDA	158.59	144.12	113.35	96.8	110.2	113.2
EBITDA Margin	39.87%	38.35%	34.71%	34.07%	34.24%	33.68%
D&A For EBITDA	10.12	10.36	11.28	16.83	16.22	14.3
EBIT	148.47	133.76	102.07	79.97	93.98	98.91
EBIT Margin	37.33%	35.59%	31.26%	28.15%	29.20%	29.42%
Effective Tax Rate	12.29%	11.98%	10.88%	8.35%	10.90%	11.18%
Revenue as Reported	397.76	375.81	326.54	284.08	321.82	336.15
Advertising Expenses	-	6.33	5.7	3.07	2.83	7.28

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