SHE:002295 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	4,559	3,699	2,659	2,600	6,680	5,396
Other Revenue	54.76	54.76	52.56	47.2	35.95	36.1
Revenue	4,613	3,754	2,712	2,647	6,716	5,432
Revenue Growth (YoY)	40.52%	38.43%	2.44%	-60.58%	23.62%	5.98%
Cost of Revenue	4,477	3,626	2,596	2,532	6,541	5,270
Gross Profit	136.7	127.78	116.36	115.62	174.93	162.57
Selling, General & Admin	55.35	48.68	35.89	34.89	39.22	42.47
Research & Development	21.69	17.37	15.57	15.73	18.83	21.44
Other Operating Expenses	8.69	11.27	12.78	11.81	14.74	10.76
Operating Expenses	92.84	72.94	77.49	65.25	74.83	79.98
Operating Income	43.86	54.84	38.87	50.37	100.1	82.59
Interest Expense	-23.29	-20.78	-17.79	-35.37	-60.15	-63.03
Interest & Investment Income	2.73	1.56	7.66	19.12	27.92	33.69
Currency Exchange Gain (Loss)	-0.32	-0.32	0.69	0.17	0.1	-0.6
Other Non Operating Income (Expenses)	-7.42	-3.67	-6.39	-8.05	-5.64	-3.8
EBT Excluding Unusual Items	15.56	31.63	23.04	26.25	62.33	48.85
Gain (Loss) on Sale of Investments	-6.64	-3.06	-	-	-	0.16
Gain (Loss) on Sale of Assets	0.02	0.02	0.67	0	-0.02	0.56
Asset Writedown	-2.91	-2.01	-0.91	-0.01	-0	-
Other Unusual Items	6.88	6.81	6.49	12.47	11.26	4.03
Pretax Income	12.91	33.39	29.29	38.72	73.57	53.6
Income Tax Expense	-0.2	5.64	5.38	9.23	14.91	9.78
Earnings From Continuing Operations	13.11	27.75	23.91	29.49	58.66	43.82
Minority Interest in Earnings	-0.93	-0.05	0.07	-	-	-
Net Income	12.18	27.71	23.97	29.49	58.66	43.82
Net Income to Common	12.18	27.71	23.97	29.49	58.66	43.82
Net Income Growth	-52.13%	15.57%	-18.70%	-49.73%	33.86%	-14.08%
Shares Outstanding (Basic)	243	252	240	246	251	258
Shares Outstanding (Diluted)	243	252	240	246	251	258
Shares Change (YoY)	4.30%	5.06%	-2.44%	-1.97%	-2.75%	1.08%
EPS (Basic)	0.05	0.11	0.10	0.12	0.23	0.17
EPS (Diluted)	0.05	0.11	0.10	0.12	0.23	0.17
EPS Growth	-54.10%	10.00%	-16.67%	-48.72%	37.65%	-15.00%
Free Cash Flow	17.85	28.46	32.27	345.65	-10.14	-16.32
Free Cash Flow Per Share	0.07	0.11	0.14	1.41	-0.04	-0.06
Dividend Per Share	0.036	0.036	0.050	-	0.002	-
Dividend Growth	-28.00%	-28.00%	-	-	-	-
Gross Margin	2.96%	3.40%	4.29%	4.37%	2.60%	2.99%
Operating Margin	0.95%	1.46%	1.43%	1.90%	1.49%	1.52%
Profit Margin	0.26%	0.74%	0.88%	1.11%	0.87%	0.81%
Free Cash Flow Margin	0.39%	0.76%	1.19%	13.06%	-0.15%	-0.30%
EBITDA	72.69	81.35	62.29	86.34	136.39	114.59
EBITDA Margin	1.58%	2.17%	2.30%	3.26%	2.03%	2.11%
D&A For EBITDA	28.83	26.51	23.41	35.97	36.29	31.99
EBIT	43.86	54.84	38.87	50.37	100.1	82.59
EBIT Margin	0.95%	1.46%	1.43%	1.90%	1.49%	1.52%
Effective Tax Rate	-	16.88%	18.38%	23.84%	20.27%	18.25%
Revenue as Reported	4,613	3,754	2,712	2,647	6,716	5,432

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