SHE:301668 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	882.34	862.62	671.52	558.32	380.4	273.93
Other Revenue	4.63	4.63	0.84	1.48	0.43	0.6
Revenue	886.97	867.25	672.37	559.8	380.83	274.54
Revenue Growth (YoY)	5.00%	28.98%	20.11%	46.99%	38.72%	-
Cost of Revenue	656.44	646.52	488.65	416.68	266.18	196.14
Gross Profit	230.53	220.74	183.71	143.12	114.65	78.4
Selling, General & Admin	59.45	54.14	50.03	39.96	40.7	26.69
Research & Development	34.72	32.33	23.36	17.3	14.3	9.14
Other Operating Expenses	4.64	4.45	2.03	2.1	1.67	1.43
Operating Expenses	102.43	92.25	79.63	62.75	57.52	39.63
Operating Income	128.1	128.49	104.08	80.38	57.13	38.77
Interest Expense	-0.24	-0.54	-0.79	-0.92	-0.48	-0.61
Interest & Investment Income	2.32	2	0.28	0.41	0.48	0.19
Other Non Operating Income (Expenses)	-0.45	-0.11	-2.41	-0.69	-0.37	-0.25
EBT Excluding Unusual Items	129.73	129.83	101.16	79.17	56.76	38.09
Gain (Loss) on Sale of Investments	-	-	-	0.08	0.29	0.1
Gain (Loss) on Sale of Assets	0	0.21	0	-	-	-0.03
Asset Writedown	0.17	-0.01	-0	-0.01	-0	-0.01
Other Unusual Items	0.01	0.16	0	-	0.61	0.83
Pretax Income	129.93	130.19	101.17	79.25	57.66	38.98
Income Tax Expense	17.58	18.91	13.76	10.49	6.72	5.16
Net Income	112.34	111.29	87.41	68.76	50.94	33.81
Net Income to Common	112.34	111.29	87.41	68.76	50.94	33.81
Net Income Growth	-0.37%	27.32%	27.12%	34.99%	50.64%	-
Shares Outstanding (Basic)	82	82	82	82	82	81
Shares Outstanding (Diluted)	82	82	82	82	82	81
Shares Change (YoY)	0.01%	-	-	-0.07%	2.05%	-
EPS (Basic)	1.37	1.36	1.06	0.84	0.62	0.42
EPS (Diluted)	1.37	1.36	1.06	0.84	0.62	0.42
EPS Growth	-0.22%	27.88%	26.56%	35.09%	47.62%	-
Free Cash Flow	128.49	78.97	95.51	25.18	50.05	-6.52
Free Cash Flow Per Share	1.56	0.96	1.16	0.31	0.61	-0.08
Gross Margin	25.99%	25.45%	27.32%	25.57%	30.10%	28.56%
Operating Margin	14.44%	14.82%	15.48%	14.36%	15.00%	14.12%
Profit Margin	12.67%	12.83%	13.00%	12.28%	13.38%	12.32%
Free Cash Flow Margin	14.49%	9.11%	14.21%	4.50%	13.14%	-2.38%
EBITDA	131.58	131.79	107.01	83.21	58.96	40.36
EBITDA Margin	14.84%	15.20%	15.92%	14.86%	15.48%	14.70%
D&A For EBITDA	3.48	3.3	2.93	2.83	1.83	1.6
EBIT	128.1	128.49	104.08	80.38	57.13	38.77
EBIT Margin	14.44%	14.82%	15.48%	14.36%	15.00%	14.12%
Effective Tax Rate	13.53%	14.52%	13.60%	13.23%	11.66%	13.24%
Advertising Expenses	-	0.11	0.08	0.3	0.76	0.34

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