SHE:001299 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	719.49	643.63	552.05	530.47	461.75	447.4
Other Revenue	21.58	21.58	23.74	19.42	17.76	15.77
Revenue	741.07	665.21	575.79	549.9	479.51	463.17
Revenue Growth (YoY)	15.16%	15.53%	4.71%	14.68%	3.53%	1.52%
Operations & Maintenance	0.25	0.25	0.18	0.15	0.08	0.38
Selling, General & Admin	54.92	49.31	42.82	38.57	34.22	31.59
Provision for Bad Debts	3.36	1.68	4.27	1.2	1.62	0.07
Other Operating Expenses	596.91	543.46	469.68	428.44	352.55	333.24
Total Operating Expenses	655.46	594.8	516.98	468.36	388.46	365.28
Operating Income	85.61	70.4	58.8	81.53	91.05	97.88
Interest Expense	-0.35	-0.31	-0.13	-0.17	-0.18	-
Interest Income	22.32	24.81	25.02	17.73	24.53	7.99
Net Interest Expense	21.97	24.5	24.89	17.57	24.35	7.99
Other Non-Operating Income (Expenses)	-0.88	-0.78	-1.1	10.25	-0.51	-0.52
EBT Excluding Unusual Items	106.7	94.12	82.59	109.36	114.9	105.35
Gain (Loss) on Sale of Investments	7.59	6.91	7.21	2.82	3.11	2.76
Gain (Loss) on Sale of Assets	3.78	1.8	-	-	-0.02	0
Asset Writedown	-0.28	-0.28	-0.12	-0	0	-0.01
Other Unusual Items	0.77	0.77	7.1	-	-0.1	6.41
Pretax Income	118.55	103.32	96.78	112.18	117.89	114.51
Income Tax Expense	20.09	16.56	15.31	18.16	16.47	18.4
Earnings From Continuing Ops.	98.46	86.76	81.47	94.01	101.41	96.1
Minority Interest in Earnings	0.51	0.54	0.34	0.21	0.08	-
Net Income	98.97	87.3	81.81	94.22	101.5	96.1
Net Income to Common	98.97	87.3	81.81	94.22	101.5	96.1
Net Income Growth	13.91%	6.71%	-13.17%	-7.17%	5.61%	10.55%
Shares Outstanding (Basic)	284	241	242	194	183	184
Shares Outstanding (Diluted)	284	241	242	194	183	184
Shares Change (YoY)	44.22%	-0.08%	24.30%	6.09%	-0.25%	0.79%
EPS (Basic)	0.35	0.36	0.34	0.48	0.55	0.52
EPS (Diluted)	0.35	0.36	0.34	0.48	0.55	0.52
EPS Growth	-21.02%	6.79%	-30.15%	-12.50%	5.87%	9.69%
Free Cash Flow	1.66	25.9	57.3	110.71	73.24	84.06
Free Cash Flow Per Share	0.01	0.11	0.24	0.57	0.40	0.46
Dividend Per Share	0.465	0.615	0.231	-	-	-
Dividend Growth	22.22%	166.64%	-	-	-	-
Profit Margin	13.36%	13.12%	14.21%	17.14%	21.17%	20.75%
Free Cash Flow Margin	0.22%	3.89%	9.95%	20.13%	15.28%	18.15%
EBITDA	108.94	93.73	82.12	105.1	113.54	117.97
EBITDA Margin	14.70%	14.09%	14.26%	19.11%	23.68%	25.47%
D&A For EBITDA	23.33	23.33	23.32	23.57	22.49	20.09
EBIT	85.61	70.4	58.8	81.53	91.05	97.88
EBIT Margin	11.55%	10.58%	10.21%	14.83%	18.99%	21.13%
Effective Tax Rate	16.94%	16.03%	15.82%	16.19%	13.98%	16.07%
Revenue as Reported	741.07	665.21	575.79	549.9	479.51	463.17

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