SHE:301608 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	1,613	1,386	1,111	1,189	1,317	1,039
Other Revenue	15.31	15.31	11.71	20.87	18.88	13.9
Revenue	1,628	1,402	1,123	1,210	1,336	1,053
Revenue Growth (YoY)	23.12%	24.85%	-7.18%	-9.44%	26.83%	33.85%
Cost of Revenue	1,238	1,073	810.07	921.95	997.12	743.13
Gross Profit	390.52	329.17	312.65	287.67	338.58	310.01
Selling, General & Admin	72.28	62.46	48	44.61	49.09	112.82
Research & Development	107.9	95.83	78.63	73.72	71.44	51.9
Other Operating Expenses	1.79	0.96	5.63	8.88	4.7	7.08
Operating Expenses	182.15	163.61	133.83	129.59	127.43	176.4
Operating Income	208.37	165.56	178.82	158.09	211.15	133.6
Interest Expense	-0.09	-0.13	-0.17	-0.22	-0.19	-
Interest & Investment Income	10.19	11.92	7.16	4.16	2.96	3.05
Currency Exchange Gain (Loss)	4.05	4.05	-1.09	-3.01	0.47	0.65
Other Non Operating Income (Expenses)	-0.53	-0.4	-0.3	1.37	-0.86	-0.04
EBT Excluding Unusual Items	222	181	184.42	160.4	213.53	137.27
Gain (Loss) on Sale of Investments	22.02	11	5.58	2.12	1.65	3.43
Gain (Loss) on Sale of Assets	-0.03	-0.02	-0.23	-0.03	0.03	-
Asset Writedown	-1.92	-0.08	-0.13	-0.08	-0.05	-0.06
Other Unusual Items	0.63	0.61	1.63	10.52	2.54	2.57
Pretax Income	242.7	192.52	191.27	172.93	217.7	143.21
Income Tax Expense	21.34	16.89	17.06	15.26	23.58	27.52
Net Income	221.36	175.62	174.21	157.67	194.12	115.69
Net Income to Common	221.36	175.62	174.21	157.67	194.12	115.69
Net Income Growth	26.90%	0.81%	10.50%	-18.78%	67.78%	-34.49%
Shares Outstanding (Basic)	89	76	67	67	67	67
Shares Outstanding (Diluted)	89	76	67	67	67	67
Shares Change (YoY)	26.32%	13.89%	0.00%	-	-0.21%	0.35%
EPS (Basic)	2.49	2.31	2.61	2.36	2.91	1.73
EPS (Diluted)	2.49	2.31	2.61	2.36	2.91	1.73
EPS Growth	0.46%	-11.48%	10.61%	-18.86%	68.13%	-34.72%
Free Cash Flow	179.91	124.27	100.19	236.22	-38.22	77.09
Free Cash Flow Per Share	2.02	1.64	1.50	3.54	-0.57	1.15
Dividend Per Share	0.843	0.967	-	-	-	-
Gross Margin	23.99%	23.48%	27.85%	23.78%	25.35%	29.44%
Operating Margin	12.80%	11.81%	15.93%	13.07%	15.81%	12.69%
Profit Margin	13.60%	12.53%	15.52%	13.03%	14.53%	10.99%
Free Cash Flow Margin	11.05%	8.87%	8.92%	19.53%	-2.86%	7.32%
EBITDA	226.88	184.13	197.47	176.23	225.18	142.85
EBITDA Margin	13.94%	13.14%	17.59%	14.57%	16.86%	13.56%
D&A For EBITDA	18.51	18.57	18.65	18.14	14.03	9.24
EBIT	208.37	165.56	178.82	158.09	211.15	133.6
EBIT Margin	12.80%	11.81%	15.93%	13.07%	15.81%	12.69%
Effective Tax Rate	8.79%	8.77%	8.92%	8.83%	10.83%	19.21%
Revenue as Reported	1,628	1,402	1,123	-	-	-
Advertising Expenses	-	0.66	0.59	0.05	0.13	0.38

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