SHE:002835 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	1,067	1,128	1,061	944.22	971.14	763.77
Other Revenue	33.97	33.97	24.83	26.46	32.62	24.63
Revenue	1,101	1,162	1,085	970.68	1,004	788.39
Revenue Growth (YoY)	-7.12%	7.04%	11.82%	-3.29%	27.32%	23.95%
Cost of Revenue	626.57	671.52	659.03	632.62	707.16	501.57
Gross Profit	474.35	490.32	426.39	338.06	296.6	286.83
Selling, General & Admin	105.22	103.51	92.62	72.98	65.95	60.9
Research & Development	205.36	198.01	181.77	172.38	143.76	125.61
Other Operating Expenses	12.75	7.77	9.59	8.35	9.07	6.74
Operating Expenses	323.7	309.2	284.89	254.8	221.99	195.89
Operating Income	150.65	181.12	141.5	83.26	74.61	90.94
Interest Expense	-0.51	-1.01	-2.64	-3.41	-3.21	-3.45
Interest & Investment Income	9.34	9.33	5.53	1.18	12.27	1.37
Currency Exchange Gain (Loss)	8.2	8.2	3.17	27.73	-8.38	-26.78
Other Non Operating Income (Expenses)	-5.1	-0.92	-0.76	-0.47	-0.72	0.52
EBT Excluding Unusual Items	162.58	196.71	146.81	108.3	74.57	62.6
Gain (Loss) on Sale of Investments	-0.05	-1.33	-0.98	-4.04	-	-0.13
Gain (Loss) on Sale of Assets	-0.07	-0.02	-0.07	-0.01	1.25	-0.05
Asset Writedown	-1.39	-0.39	-0.05	-0.02	-0.01	-0.22
Other Unusual Items	10.11	4.3	4.62	6.34	13.87	7.71
Pretax Income	171.18	199.26	150.32	110.55	89.68	69.9
Income Tax Expense	0.4	-1.2	-0.27	1.03	-0.64	-0.75
Net Income	170.78	200.47	150.59	109.52	90.32	70.65
Net Income to Common	170.78	200.47	150.59	109.52	90.32	70.65
Net Income Growth	-18.11%	33.12%	37.51%	21.26%	27.83%	126.21%
Shares Outstanding (Basic)	216	218	218	219	215	214
Shares Outstanding (Diluted)	216	218	218	219	220	214
Shares Change (YoY)	-1.65%	-0.16%	-0.36%	-0.56%	2.89%	-4.03%
EPS (Basic)	0.79	0.92	0.69	0.50	0.42	0.33
EPS (Diluted)	0.79	0.92	0.69	0.50	0.41	0.33
EPS Growth	-16.73%	33.33%	38.00%	21.95%	24.24%	135.71%
Free Cash Flow	77.16	196.57	240.39	141.21	-55.91	15.48
Free Cash Flow Per Share	0.36	0.90	1.10	0.65	-0.25	0.07
Dividend Per Share	0.320	0.320	0.210	0.150	0.120	0.100
Dividend Growth	52.38%	52.38%	40.00%	25.00%	20.00%	132.56%
Gross Margin	43.09%	42.20%	39.28%	34.83%	29.55%	36.38%
Operating Margin	13.68%	15.59%	13.04%	8.58%	7.43%	11.54%
Profit Margin	15.51%	17.25%	13.87%	11.28%	9.00%	8.96%
Free Cash Flow Margin	7.01%	16.92%	22.15%	14.55%	-5.57%	1.96%
EBITDA	172.13	205.74	170.32	110.62	100.6	111.71
EBITDA Margin	15.63%	17.71%	15.69%	11.40%	10.02%	14.17%
D&A For EBITDA	21.49	24.63	28.82	27.36	26	20.77
EBIT	150.65	181.12	141.5	83.26	74.61	90.94
EBIT Margin	13.68%	15.59%	13.04%	8.58%	7.43%	11.54%
Effective Tax Rate	0.23%	-	-	0.94%	-	-
Revenue as Reported	1,101	1,162	1,085	970.68	1,004	788.39

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