SHE:301632 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	1,168	1,187	1,146	1,060	1,146	1,098
Other Revenue	10.02	10.02	8.65	12.52	8.01	17.45
Revenue	1,178	1,197	1,154	1,072	1,154	1,115
Revenue Growth (YoY)	2.01%	3.72%	7.66%	-7.07%	3.44%	-32.36%
Cost of Revenue	589.38	621.29	611.1	556.01	683.8	678.75
Gross Profit	588.34	576.1	543.37	516.27	470.01	436.7
Selling, General & Admin	264.53	284.4	292.93	278.74	264.76	226.59
Research & Development	89.37	81.98	74.81	90.54	81.67	73.78
Other Operating Expenses	13.58	13.1	12.35	9.72	9.16	7.17
Operating Expenses	463.95	477.15	463.1	433.31	386.03	327.81
Operating Income	124.39	98.95	80.27	82.96	83.98	108.89
Interest Expense	-2	-2.13	-2.09	-1.99	-2.15	-0.02
Interest & Investment Income	14.66	14.78	22.59	23.47	91.9	21.7
Currency Exchange Gain (Loss)	-0	-0	-0	-	-	-
Other Non Operating Income (Expenses)	-1.11	-0.4	-0.53	-0.53	-0.84	-0.86
EBT Excluding Unusual Items	135.94	111.2	100.24	103.9	172.9	129.72
Gain (Loss) on Sale of Investments	-	0.17	-	-	-	-
Gain (Loss) on Sale of Assets	0.89	0.2	0.41	0.02	0.28	-0.01
Asset Writedown	8.2	0	0.1	0.01	-5.33	-1.03
Legal Settlements	-	-	-	-	-	-0.4
Other Unusual Items	2.78	2.78	5.62	8.79	14.78	4.46
Pretax Income	147.8	114.35	106.37	112.72	182.63	132.75
Income Tax Expense	10.09	8.88	8.22	11.01	28.57	14.62
Earnings From Continuing Operations	137.71	105.47	98.15	101.71	154.06	118.12
Minority Interest in Earnings	1.61	1.66	1.05	0.8	-	-
Net Income	139.32	107.13	99.21	102.52	154.06	118.12
Net Income to Common	139.32	107.13	99.21	102.52	154.06	118.12
Net Income Growth	40.43%	7.99%	-3.23%	-33.46%	30.43%	-43.57%
Shares Outstanding (Basic)	390	314	314	314	314	311
Shares Outstanding (Diluted)	390	314	314	314	314	311
Shares Change (YoY)	24.20%	-	-	-0.16%	1.15%	-0.97%
EPS (Basic)	0.36	0.34	0.32	0.33	0.49	0.38
EPS (Diluted)	0.36	0.34	0.32	0.33	0.49	0.38
EPS Growth	12.74%	7.58%	-3.23%	-33.35%	28.95%	-43.02%
Free Cash Flow	83.97	14.34	-43.92	-58.85	-108.14	48.05
Free Cash Flow Per Share	0.21	0.05	-0.14	-0.19	-0.34	0.15
Dividend Per Share	-	-	-	-	0.250	0.250
Dividend Growth	-	-	-	-	-	-7.06%
Gross Margin	49.96%	48.11%	47.07%	48.15%	40.74%	39.15%
Operating Margin	10.56%	8.26%	6.95%	7.74%	7.28%	9.76%
Profit Margin	11.83%	8.95%	8.59%	9.56%	13.35%	10.59%
Free Cash Flow Margin	7.13%	1.20%	-3.81%	-5.49%	-9.37%	4.31%
EBITDA	173.14	149.06	129.43	132.25	128.67	146.7
EBITDA Margin	14.70%	12.45%	11.21%	12.33%	11.15%	13.15%
D&A For EBITDA	48.74	50.11	49.16	49.3	44.69	37.8
EBIT	124.39	98.95	80.27	82.96	83.98	108.89
EBIT Margin	10.56%	8.26%	6.95%	7.74%	7.28%	9.76%
Effective Tax Rate	6.83%	7.76%	7.72%	9.77%	15.65%	11.02%
Revenue as Reported	1,178	1,197	1,154	1,072	1,154	1,115
Advertising Expenses	-	0.04	0.23	0.41	0.01	0

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