SHE:002801 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	1,452	1,365	1,232	1,166	1,071	773.32
Other Revenue	44.25	44.25	36.14	38.94	40.51	24.88
Revenue	1,496	1,409	1,268	1,205	1,112	798.19
Revenue Growth (YoY)	12.26%	11.12%	5.25%	8.38%	39.27%	0.50%
Cost of Revenue	1,033	958.51	851.53	799.52	787.76	542.78
Gross Profit	463.05	450.54	416.47	405.25	323.85	255.41
Selling, General & Admin	59.72	51.23	46.26	41.4	38.62	35.77
Research & Development	60.49	57.36	60.12	48.72	44.41	34.16
Other Operating Expenses	17.82	9.44	9.04	8.95	8.03	4.96
Operating Expenses	140.22	121.92	118.19	98.59	94.81	77.58
Operating Income	322.83	328.63	298.28	306.66	229.04	177.83
Interest Expense	-0	-0	-0.09	-0.02	-	-
Interest & Investment Income	34.69	18.8	30.25	35.06	62.62	43.25
Currency Exchange Gain (Loss)	6.51	6.51	3.72	16.31	-4.58	-5
Other Non Operating Income (Expenses)	2.52	-0.63	-0.5	-0.65	-0.59	-0.54
EBT Excluding Unusual Items	366.55	353.3	331.66	357.36	286.49	215.54
Gain (Loss) on Sale of Investments	-68.81	-110.38	-207.12	-14.23	0.45	1.59
Gain (Loss) on Sale of Assets	-0.07	0.12	-0.15	0.14	0.02	0.16
Asset Writedown	0.86	0.02	-	-	-	-0.02
Other Unusual Items	23.45	10.05	4.47	4.64	4.92	6.07
Pretax Income	321.98	253.1	128.86	347.91	291.89	223.33
Income Tax Expense	42.7	32.53	14.23	40.87	37.48	29.96
Earnings From Continuing Operations	279.28	220.57	114.63	307.04	254.41	193.38
Minority Interest in Earnings	-	-	6.45	0.89	0.02	0.07
Net Income	279.28	220.57	121.08	307.93	254.43	193.44
Net Income to Common	279.28	220.57	121.08	307.93	254.43	193.44
Net Income Growth	107.01%	82.16%	-60.68%	21.03%	31.53%	17.02%
Shares Outstanding (Basic)	229	230	228	230	229	230
Shares Outstanding (Diluted)	229	230	228	230	229	230
Shares Change (YoY)	0.23%	0.51%	-0.58%	0.26%	-0.47%	0.30%
EPS (Basic)	1.22	0.96	0.53	1.34	1.11	0.84
EPS (Diluted)	1.22	0.96	0.53	1.34	1.11	0.84
EPS Growth	106.45%	81.13%	-60.45%	20.72%	32.14%	16.67%
Free Cash Flow	121.8	149.98	116.86	190.3	161.93	105.94
Free Cash Flow Per Share	0.53	0.65	0.51	0.83	0.71	0.46
Dividend Per Share	0.500	0.350	0.300	0.500	0.700	0.200
Dividend Growth	66.67%	16.67%	-40.00%	-28.57%	250.00%	30.04%
Gross Margin	30.96%	31.97%	32.84%	33.64%	29.13%	32.00%
Operating Margin	21.58%	23.32%	23.52%	25.45%	20.60%	22.28%
Profit Margin	18.67%	15.65%	9.55%	25.56%	22.89%	24.23%
Free Cash Flow Margin	8.14%	10.64%	9.22%	15.79%	14.57%	13.27%
EBITDA	348.96	354.88	324.69	329.58	250.13	196.96
EBITDA Margin	23.33%	25.19%	25.61%	27.36%	22.50%	24.68%
D&A For EBITDA	26.13	26.26	26.42	22.92	21.08	19.13
EBIT	322.83	328.63	298.28	306.66	229.04	177.83
EBIT Margin	21.58%	23.32%	23.52%	25.45%	20.60%	22.28%
Effective Tax Rate	13.26%	12.85%	11.04%	11.75%	12.84%	13.41%
Revenue as Reported	1,496	1,409	1,268	1,205	1,112	798.19

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