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	Sep '25 Sep 30, 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	361.42	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	368.25	375.81	326.54	284.08	321.82	336.15
Revenue Growth (YoY)	12.77%	15.09%	14.95%	-11.73%	-4.26%	-
Cost of Revenue	106.23	113.08	102.3	93.79	114.22	108.05
Gross Profit	262.02	262.74	224.24	190.29	207.59	228.11
Selling, General & Admin	90.54	82.86	83.19	77.63	78.76	94.48
Research & Development	52.44	50.04	47.72	38.56	41.28	47.61
Other Operating Expenses	-7.44	-5.08	-10.22	-6.04	-6.47	-12.35
Operating Expenses	133.2	128.97	122.17	110.32	113.61	129.2
Operating Income	128.81	133.76	102.07	79.97	93.98	98.91
Interest & Investment Income	28.29	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)	-1.84	-0.19	-0.22	-0.31	-0.29	-0.24
EBT Excluding Unusual Items	161.62	165.94	122.85	77.89	87.5	111.95
Gain (Loss) on Sale of Investments	-0.77	-1.77	1.8	0.42	-0.77	0.12
Gain (Loss) on Sale of Assets	-	-	-	-0.77	-5.04	-
Asset Writedown	-0.09	-0.03	-0.01	-0.05	-0.04	-0.04
Other Unusual Items	1	1.26	4.89	5.35	8.21	1.24
Pretax Income	161.77	165.39	129.53	82.83	89.86	113.27
Income Tax Expense	19.57	19.82	14.09	6.91	9.79	12.67
Earnings From Continuing Operations	142.2	145.58	115.44	75.92	80.06	100.6
Minority Interest in Earnings	-	-	-0.01	0.86	0.01	0
Net Income	142.2	145.58	115.43	76.78	80.07	100.6
Net Income to Common	142.2	145.58	115.43	76.78	80.07	100.6
Net Income Growth	23.20%	26.12%	50.33%	-4.11%	-20.41%	-
Shares Outstanding (Basic)	405	364	361	366	364	-
Shares Outstanding (Diluted)	405	364	361	366	364	-
Shares Change (YoY)	12.18%	0.90%	-1.35%	0.46%	-	-
EPS (Basic)	0.35	0.40	0.32	0.21	0.22	-
EPS (Diluted)	0.35	0.40	0.32	0.21	0.22	-
EPS Growth	9.82%	25.00%	52.38%	-4.54%	-	-
Free Cash Flow	104.59	113.73	71.88	55.26	84.16	64.8
Free Cash Flow Per Share	0.26	0.31	0.20	0.15	0.23	-
Dividend Per Share	0.102	0.102	-	-	-	-
Gross Margin	71.15%	69.91%	68.67%	66.98%	64.51%	67.86%
Operating Margin	34.98%	35.59%	31.26%	28.15%	29.20%	29.42%
Profit Margin	38.62%	38.74%	35.35%	27.03%	24.88%	29.93%
Free Cash Flow Margin	28.40%	30.26%	22.01%	19.45%	26.15%	19.28%
EBITDA	138.47	144.12	113.35	96.8	110.2	113.2
EBITDA Margin	37.60%	38.35%	34.71%	34.07%	34.24%	33.68%
D&A For EBITDA	9.66	10.36	11.28	16.83	16.22	14.3
EBIT	128.81	133.76	102.07	79.97	93.98	98.91
EBIT Margin	34.98%	35.59%	31.26%	28.15%	29.20%	29.42%
Effective Tax Rate	12.10%	11.98%	10.88%	8.35%	10.90%	11.18%
Revenue as Reported	368.25	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.