SHE:001388 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	1,029	1,005	929.06	780.31	613.86	463.21
Other Revenue	1.85	-	1.84	1.45	1.53	1.52
Revenue	1,031	1,005	930.9	781.76	615.39	464.73
Revenue Growth (YoY)	11.38%	7.97%	19.08%	27.04%	32.42%	21.28%
Cost of Revenue	700.83	673.07	631.46	502.27	385.16	283.69
Gross Profit	330.25	332	299.44	279.49	230.23	181.04
Selling, General & Admin	123.78	107.71	101.67	93.13	88.43	69.88
Research & Development	73.11	70.99	69.82	68.41	51.18	35.62
Other Operating Expenses	-30.06	-25.64	-19.23	-15.79	-8.36	-8.47
Operating Expenses	175.68	153.06	168.27	154.41	134.72	99.33
Operating Income	154.57	178.94	131.17	125.08	95.51	81.71
Interest Expense	-0.32	-	-1.05	-0.43	-0.03	-0.03
Interest & Investment Income	6.83	5.48	4.58	3.59	2.56	0.44
Currency Exchange Gain (Loss)	0.38	-	0.26	-0.08	-0.18	-0.32
Other Non Operating Income (Expenses)	-0.52	-12.03	-0.35	-0.45	-0.45	-0.3
EBT Excluding Unusual Items	160.93	172.39	134.61	127.71	97.41	81.5
Gain (Loss) on Sale of Assets	-0.07	-0.01	0	-0.1	-0.03	-0.08
Asset Writedown	-11.36	-16.6	0.35	-0.04	-0.15	0
Other Unusual Items	-0.13	-	-	-	20.53	3.68
Pretax Income	149.37	155.77	134.96	127.58	117.75	85.1
Income Tax Expense	11.72	12.99	10.92	10.12	11.61	8.69
Net Income	137.65	142.78	124.04	117.46	106.14	76.4
Net Income to Common	137.65	142.78	124.04	117.46	106.14	76.4
Net Income Growth	16.52%	15.11%	5.60%	10.66%	38.92%	34.57%
Shares Outstanding (Basic)	128	117	117	117	117	118
Shares Outstanding (Diluted)	128	117	124	117	117	118
Shares Change (YoY)	6.30%	-5.65%	6.02%	0.31%	-0.77%	1.45%
EPS (Basic)	1.08	1.22	1.06	1.00	0.91	0.65
EPS (Diluted)	1.08	1.22	1.00	1.00	0.91	0.65
EPS Growth	9.34%	22.00%	-0.39%	10.32%	40.00%	32.65%
Free Cash Flow	107.02	129.93	36.1	-4.64	96.6	76.3
Free Cash Flow Per Share	0.84	1.11	0.29	-0.04	0.83	0.65
Dividend Per Share	0.600	-	-	-	-	0.200
Gross Margin	32.03%	33.03%	32.17%	35.75%	37.41%	38.95%
Operating Margin	14.99%	17.80%	14.09%	16.00%	15.52%	17.58%
Profit Margin	13.35%	14.21%	13.33%	15.02%	17.25%	16.44%
Free Cash Flow Margin	10.38%	12.93%	3.88%	-0.59%	15.70%	16.42%
EBITDA	167.97	190.9	141.17	133.11	101.68	87.3
EBITDA Margin	16.29%	18.99%	15.17%	17.03%	16.52%	18.78%
D&A For EBITDA	13.4	11.96	10.01	8.03	6.17	5.59
EBIT	154.57	178.94	131.17	125.08	95.51	81.71
EBIT Margin	14.99%	17.80%	14.09%	16.00%	15.52%	17.58%
Effective Tax Rate	7.85%	8.34%	8.09%	7.93%	9.86%	10.21%
Revenue as Reported	26.02	-	-	-	615.39	464.73

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