SHE:002802 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	408.75	455.03	372.71	516.34	748.76	544.59
Other Revenue	0.48	0.48	0.07	0.15	0.5	0.12
Revenue	409.23	455.51	372.79	516.49	749.26	544.72
Revenue Growth (YoY)	-8.31%	22.19%	-27.82%	-31.07%	37.55%	1.25%
Cost of Revenue	301.36	323.96	254.04	361.93	584.99	381.3
Gross Profit	107.87	131.55	118.75	154.56	164.27	163.41
Selling, General & Admin	40.03	43.34	43.07	39.53	38.75	33.66
Research & Development	19.05	26.75	27.15	28.49	27.39	23.24
Other Operating Expenses	1.6	1.18	1.75	4.2	4.31	4.39
Operating Expenses	59.61	71.69	72.57	69.7	70.49	62.26
Operating Income	48.26	59.86	46.18	84.86	93.78	101.15
Interest Expense	-0.01	-0.01	-0.01	-0.01	-0	-0.06
Interest & Investment Income	4.17	5.04	5.67	4.56	4.4	5.28
Currency Exchange Gain (Loss)	1.48	1.48	1.08	4.1	-0.83	-1.85
Other Non Operating Income (Expenses)	-0.67	-0.33	-0.24	-0.26	-0.26	-0.28
EBT Excluding Unusual Items	53.23	66.04	52.68	93.25	97.09	104.25
Gain (Loss) on Sale of Investments	1.66	2.42	3.13	1.97	0.74	1.44
Gain (Loss) on Sale of Assets	0	0.15	2.81	0.17	0.15	0.34
Asset Writedown	-0.13	-0.09	-0.06	-0.02	-0.19	-0.63
Other Unusual Items	0.18	0.18	2.21	1.22	1.24	2.19
Pretax Income	54.95	68.71	60.76	96.59	99.03	107.58
Income Tax Expense	9.18	9.47	9.88	12.03	13.21	15.67
Earnings From Continuing Operations	45.77	59.24	50.88	84.56	85.82	91.9
Minority Interest in Earnings	-	-	-	-	0.12	-
Net Income	45.77	59.24	50.88	84.56	85.93	91.9
Net Income to Common	45.77	59.24	50.88	84.56	85.93	91.9
Net Income Growth	-19.87%	16.43%	-39.83%	-1.60%	-6.50%	4.09%
Shares Outstanding (Basic)	182	180	182	180	180	179
Shares Outstanding (Diluted)	182	180	182	180	180	179
Shares Change (YoY)	2.10%	-1.21%	1.00%	-0.15%	0.93%	-1.89%
EPS (Basic)	0.25	0.33	0.28	0.47	0.48	0.51
EPS (Diluted)	0.25	0.33	0.28	0.47	0.48	0.51
EPS Growth	-21.51%	17.86%	-40.43%	-1.45%	-7.36%	6.10%
Free Cash Flow	76.07	16.05	76.88	171.87	58.82	79.9
Free Cash Flow Per Share	0.42	0.09	0.42	0.95	0.33	0.45
Dividend Per Share	0.220	0.220	0.250	0.462	0.237	0.473
Dividend Growth	-12.00%	-12.00%	-45.83%	94.97%	-50.00%	59.99%
Gross Margin	26.36%	28.88%	31.86%	29.93%	21.92%	30.00%
Operating Margin	11.79%	13.14%	12.39%	16.43%	12.52%	18.57%
Profit Margin	11.18%	13.00%	13.65%	16.37%	11.47%	16.87%
Free Cash Flow Margin	18.59%	3.52%	20.62%	33.27%	7.85%	14.67%
EBITDA	66.13	79.17	67.41	109.46	121.01	127.56
EBITDA Margin	16.16%	17.38%	18.08%	21.19%	16.15%	23.42%
D&A For EBITDA	17.86	19.31	21.23	24.6	27.23	26.41
EBIT	48.26	59.86	46.18	84.86	93.78	101.15
EBIT Margin	11.79%	13.14%	12.39%	16.43%	12.52%	18.57%
Effective Tax Rate	16.71%	13.78%	16.26%	12.46%	13.34%	14.57%
Revenue as Reported	409.23	455.51	372.79	516.49	749.26	544.72

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.