SHE:301618 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	497.26	508.45	502.62	510.32	553.45	462.24
Other Revenue	44.7	44.7	27.31	27.72	28.03	22.53
Revenue	541.96	553.16	529.93	538.05	581.48	484.77
Revenue Growth (YoY)	-3.10%	4.38%	-1.51%	-7.47%	19.95%	5.89%
Cost of Revenue	379.66	370.75	345.36	361.08	421.47	319.03
Gross Profit	162.3	182.4	184.57	176.97	160.01	165.74
Selling, General & Admin	77.17	71.85	64.67	58.83	58	50.59
Research & Development	30.6	27.88	25.81	24.6	22.81	21.79
Other Operating Expenses	3.71	-0.25	-0.04	3.14	2.73	2.91
Operating Expenses	116.43	103.15	91.79	88.48	85.83	75.15
Operating Income	45.87	79.25	92.78	88.49	74.18	90.59
Interest Expense	-3.52	-3.76	-3.09	-3.34	-3.24	-
Interest & Investment Income	3.89	1.12	1.99	1.45	0.74	0.24
Currency Exchange Gain (Loss)	1.48	1.48	0.98	5	-1.49	-2.77
Other Non Operating Income (Expenses)	-1.9	-1.25	-0.87	-0.69	-0.42	-0.42
EBT Excluding Unusual Items	45.83	76.84	91.78	90.9	69.78	87.65
Gain (Loss) on Sale of Assets	10.49	0.01	0.07	-0.1	-0.02	-
Asset Writedown	-0.4	-0.02	-0.11	-0.06	-0.38	-0.47
Other Unusual Items	-1.71	3.39	3.62	2.02	0.65	1.4
Pretax Income	54.2	80.23	95.36	92.76	70.03	88.58
Income Tax Expense	6.49	10.19	12.84	13.29	9.84	14.14
Earnings From Continuing Operations	47.71	70.03	82.51	79.46	60.19	74.43
Net Income	47.71	70.03	82.51	79.46	60.19	74.43
Net Income to Common	47.71	70.03	82.51	79.46	60.19	74.43
Net Income Growth	-39.83%	-15.12%	3.84%	32.01%	-19.13%	20.41%
Shares Outstanding (Basic)	90	73	68	68	67	66
Shares Outstanding (Diluted)	90	73	68	68	67	66
Shares Change (YoY)	33.34%	8.33%	-0.25%	0.63%	2.86%	-0.04%
EPS (Basic)	0.53	0.96	1.22	1.17	0.89	1.14
EPS (Diluted)	0.53	0.96	1.22	1.17	0.89	1.14
EPS Growth	-54.87%	-21.65%	4.10%	31.19%	-21.38%	20.45%
Free Cash Flow	-27.39	-34.78	12.62	61.87	-5.9	91
Free Cash Flow Per Share	-0.30	-0.47	0.19	0.91	-0.09	1.39
Dividend Per Share	0.336	0.236	-	-	0.429	-
Gross Margin	29.95%	32.98%	34.83%	32.89%	27.52%	34.19%
Operating Margin	8.46%	14.33%	17.51%	16.45%	12.76%	18.69%
Profit Margin	8.80%	12.66%	15.57%	14.77%	10.35%	15.35%
Free Cash Flow Margin	-5.05%	-6.29%	2.38%	11.50%	-1.01%	18.77%
EBITDA	52.32	86.38	100.81	96.39	80.73	96.14
EBITDA Margin	9.65%	15.62%	19.02%	17.91%	13.88%	19.83%
D&A For EBITDA	6.45	7.13	8.03	7.9	6.55	5.54
EBIT	45.87	79.25	92.78	88.49	74.18	90.59
EBIT Margin	8.46%	14.33%	17.51%	16.45%	12.76%	18.69%
Effective Tax Rate	11.97%	12.71%	13.47%	14.33%	14.05%	15.96%
Revenue as Reported	541.96	553.16	529.93	538.05	581.48	484.77
Advertising Expenses	-	1.21	0.74	0.04	0.15	0.27

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