SHE:001279 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	1,406	1,452	1,399	1,558	1,474	1,079
Other Revenue	27.39	27.39	26.41	30.69	28.08	13.6
Revenue	1,433	1,479	1,425	1,588	1,503	1,093
Revenue Growth (YoY)	-3.91%	3.77%	-10.26%	5.72%	37.52%	-13.61%
Cost of Revenue	1,287	1,301	1,238	1,386	1,330	926.16
Gross Profit	145.75	178.26	187.72	202.06	172.55	166.42
Selling, General & Admin	53.87	48.71	42	41.53	42.51	35.79
Research & Development	47.24	51.25	48.58	54.81	48.59	30.84
Other Operating Expenses	1.48	-0.24	-1.13	3.58	1.18	3.22
Operating Expenses	105.69	101.95	90.14	100.49	90.92	72.71
Operating Income	40.06	76.31	97.58	101.57	81.63	93.7
Interest Expense	-0.98	-1.19	-2.52	-4.69	-3.07	-0.54
Interest & Investment Income	13.45	4.5	3.42	2	0.14	0.1
Currency Exchange Gain (Loss)	8.11	8.11	2.92	-0.71	-2	-
Other Non Operating Income (Expenses)	-6.23	-0.38	-0.35	-0.27	-0.1	-5.97
EBT Excluding Unusual Items	54.41	87.35	101.06	97.9	76.59	87.29
Gain (Loss) on Sale of Investments	0.23	-	-	-	-0.04	-0.19
Gain (Loss) on Sale of Assets	0	-	-0.08	-0.01	-	-
Asset Writedown	-0.35	-0.31	-0.32	-0.33	-0.16	-0.01
Other Unusual Items	9.16	4.37	4.62	13.04	2.87	2.82
Pretax Income	63.45	91.41	105.28	110.59	79.26	89.91
Income Tax Expense	5.25	9.09	11.77	11.7	8.8	13.24
Net Income	58.36	82.32	93.51	98.89	70.47	76.68
Net Income to Common	58.36	82.32	93.51	98.89	70.47	76.68
Net Income Growth	-36.89%	-11.97%	-5.44%	40.34%	-8.10%	-38.73%
Shares Outstanding (Basic)	157	127	120	121	114	43
Shares Outstanding (Diluted)	157	127	120	121	114	43
Shares Change (YoY)	32.02%	5.55%	-0.50%	6.11%	162.79%	23.57%
EPS (Basic)	0.37	0.65	0.78	0.82	0.62	1.77
EPS (Diluted)	0.37	0.65	0.78	0.82	0.62	1.77
EPS Growth	-52.20%	-16.61%	-4.96%	32.26%	-65.03%	-50.41%
Free Cash Flow	294.67	13.67	77.46	103.72	11.12	74.56
Free Cash Flow Per Share	1.88	0.11	0.65	0.86	0.10	1.72
Dividend Per Share	0.188	0.125	-	-	-	-
Gross Margin	10.17%	12.05%	13.17%	12.72%	11.48%	15.23%
Operating Margin	2.79%	5.16%	6.84%	6.39%	5.43%	8.58%
Profit Margin	4.07%	5.56%	6.56%	6.23%	4.69%	7.02%
Free Cash Flow Margin	20.56%	0.92%	5.43%	6.53%	0.74%	6.82%
EBITDA	55.74	92.46	114.38	118.65	98.28	109.75
EBITDA Margin	3.89%	6.25%	8.02%	7.47%	6.54%	10.04%
D&A For EBITDA	15.68	16.16	16.8	17.08	16.66	16.05
EBIT	40.06	76.31	97.58	101.57	81.63	93.7
EBIT Margin	2.79%	5.16%	6.84%	6.39%	5.43%	8.58%
Effective Tax Rate	8.28%	9.95%	11.18%	10.58%	11.10%	14.72%
Revenue as Reported	1,433	1,479	1,425	1,588	1,503	-

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