SHE:002492 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	294.37	297.9	342.03	356.31	377.1	335.07
Other Revenue	45.23	45.23	51.76	45.42	35.12	34.25
Revenue	339.6	343.13	393.8	401.73	412.22	369.32
Revenue Growth (YoY)	-6.46%	-12.87%	-1.98%	-2.54%	11.62%	34.37%
Cost of Revenue	194.63	187.36	209.35	193.13	214.62	192.59
Gross Profit	144.98	155.77	184.45	208.6	197.6	176.73
Selling, General & Admin	43.81	50.18	47.79	45.14	41.33	33.27
Research & Development	14.73	15.86	17.16	19.6	19.06	15.29
Other Operating Expenses	2.46	4.13	2.44	3.04	3.05	2.6
Operating Expenses	88.27	92.59	70.26	68.91	60	55.99
Operating Income	56.71	63.19	114.19	139.69	137.6	120.74
Interest Expense	-12.33	-10.64	-9.21	-9.44	-6.7	-10.58
Interest & Investment Income	13.61	17.7	23.37	16.59	13.04	12.75
Currency Exchange Gain (Loss)	-0.71	-0.71	0.71	3.6	-1.21	-4.29
Other Non Operating Income (Expenses)	5.05	-0.12	-1.09	-0.89	-0.38	-3.71
EBT Excluding Unusual Items	62.33	69.41	127.97	149.55	142.36	114.9
Impairment of Goodwill	-	-	-	-	-	-1.81
Gain (Loss) on Sale of Investments	11.27	6.52	2.48	-10.78	-3.86	-1.49
Gain (Loss) on Sale of Assets	-0.35	0.04	0.57	0.1	-0.02	0.01
Asset Writedown	-0.39	-0.39	-0.42	-0.95	-0.75	-1.49
Other Unusual Items	1.03	1.56	4.06	6.88	4.44	10.41
Pretax Income	73.89	77.14	134.67	144.79	142.16	120.53
Income Tax Expense	11.56	13.32	16.56	15.92	23.42	18.62
Earnings From Continuing Operations	62.33	63.82	118.11	128.88	118.74	101.91
Minority Interest in Earnings	-0.12	1.29	-2.56	-2.89	-2.11	-0.73
Net Income	62.21	65.11	115.55	125.98	116.63	101.17
Net Income to Common	62.21	65.11	115.55	125.98	116.63	101.17
Net Income Growth	-26.63%	-43.66%	-8.28%	8.02%	15.28%	92.04%
Shares Outstanding (Basic)	405	405	405	405	405	405
Shares Outstanding (Diluted)	405	405	405	405	405	405
Shares Change (YoY)	-0.08%	-0.03%	0.01%	-0.00%	-0.01%	0.02%
EPS (Basic)	0.15	0.16	0.29	0.31	0.29	0.25
EPS (Diluted)	0.15	0.16	0.29	0.31	0.29	0.25
EPS Growth	-26.57%	-43.64%	-8.29%	8.02%	15.29%	92.01%
Free Cash Flow	-78.65	165.03	-90.62	-21.32	167.13	67.95
Free Cash Flow Per Share	-0.19	0.41	-0.22	-0.05	0.41	0.17
Dividend Per Share	0.020	0.020	0.120	0.080	0.040	0.020
Dividend Growth	-83.33%	-83.33%	50.00%	100.00%	100.00%	-50.00%
Gross Margin	42.69%	45.40%	46.84%	51.92%	47.94%	47.85%
Operating Margin	16.70%	18.41%	29.00%	34.77%	33.38%	32.69%
Profit Margin	18.32%	18.98%	29.34%	31.36%	28.29%	27.40%
Free Cash Flow Margin	-23.16%	48.09%	-23.01%	-5.31%	40.54%	18.40%
EBITDA	128.78	135.54	186.92	208.06	204.96	186.06
EBITDA Margin	37.92%	39.50%	47.47%	51.79%	49.72%	50.38%
D&A For EBITDA	72.08	72.35	72.73	68.37	67.36	65.32
EBIT	56.71	63.19	114.19	139.69	137.6	120.74
EBIT Margin	16.70%	18.41%	29.00%	34.77%	33.38%	32.69%
Effective Tax Rate	15.65%	17.27%	12.30%	10.99%	16.48%	15.45%
Revenue as Reported	339.6	343.13	393.8	401.73	412.22	369.32

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