SHE:002887 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	488.53	400.89	399.59	586.5	584.73	946.02
Other Revenue	0.56	0.56	0.75	0.17	0.36	2.17
Revenue	489.1	401.45	400.34	586.67	585.09	948.2
Revenue Growth (YoY)	22.80%	0.28%	-31.76%	0.27%	-38.29%	32.95%
Cost of Revenue	232.37	215.17	245.65	338.28	358.46	574.89
Gross Profit	256.73	186.28	154.69	248.39	226.63	373.31
Selling, General & Admin	40.17	43.41	41.88	35.35	42.14	43.89
Research & Development	15.66	13.8	16.63	27.07	29.99	32.51
Other Operating Expenses	2.4	2.59	1.99	4.32	4.55	3.65
Operating Expenses	164.13	116.49	103.79	151.4	132.29	105.86
Operating Income	92.6	69.79	50.9	96.99	94.34	267.45
Interest Expense	-61.11	-72.5	-70.47	-84.42	-61.66	-24.8
Interest & Investment Income	112.06	121.46	156.52	177.91	143.56	81.28
Other Non Operating Income (Expenses)	-0.15	-0.2	-0.36	-0.56	-0.12	-0.4
EBT Excluding Unusual Items	143.39	118.55	136.58	189.92	176.12	323.53
Gain (Loss) on Sale of Investments	6.48	4.23	1.99	-0.12	-0.24	-
Gain (Loss) on Sale of Assets	-	-	-	-	0.02	-
Asset Writedown	-5.82	-3.95	-	-7.67	-	-0
Other Unusual Items	10.06	9.29	5.21	2.49	20.64	7.35
Pretax Income	154.11	128.11	143.79	184.62	196.54	330.87
Income Tax Expense	34.25	26.65	28.61	28.9	28.85	45.72
Earnings From Continuing Operations	119.86	101.46	115.18	155.72	167.69	285.15
Minority Interest in Earnings	-1.26	-1.56	-1.57	-1.94	-1.65	-3.72
Net Income	118.59	99.9	113.61	153.77	166.04	281.43
Net Income to Common	118.59	99.9	113.61	153.77	166.04	281.43
Net Income Growth	34.11%	-12.06%	-26.12%	-7.39%	-41.00%	34.66%
Shares Outstanding (Basic)	312	312	316	308	307	313
Shares Outstanding (Diluted)	312	312	316	308	307	313
Shares Change (YoY)	0.38%	-1.07%	2.61%	0.02%	-1.67%	0.25%
EPS (Basic)	0.38	0.32	0.36	0.50	0.54	0.90
EPS (Diluted)	0.38	0.32	0.36	0.50	0.54	0.90
EPS Growth	33.61%	-11.11%	-28.00%	-7.41%	-40.00%	34.33%
Free Cash Flow	156.72	190.39	98.24	-16.1	-183.55	-525.94
Free Cash Flow Per Share	0.50	0.61	0.31	-0.05	-0.60	-1.68
Dividend Per Share	0.250	0.250	0.250	0.350	-	0.500
Dividend Growth	-	-	-28.57%	-	-	199.94%
Gross Margin	52.49%	46.40%	38.64%	42.34%	38.73%	39.37%
Operating Margin	18.93%	17.38%	12.71%	16.53%	16.12%	28.21%
Profit Margin	24.25%	24.88%	28.38%	26.21%	28.38%	29.68%
Free Cash Flow Margin	32.04%	47.43%	24.54%	-2.74%	-31.37%	-55.47%
EBITDA	108.2	84.12	63.53	108.29	104.66	276.45
EBITDA Margin	22.12%	20.95%	15.87%	18.46%	17.89%	29.15%
D&A For EBITDA	15.61	14.33	12.63	11.3	10.32	9
EBIT	92.6	69.79	50.9	96.99	94.34	267.45
EBIT Margin	18.93%	17.38%	12.71%	16.53%	16.12%	28.21%
Effective Tax Rate	22.23%	20.80%	19.90%	15.66%	14.68%	13.82%
Revenue as Reported	489.1	401.45	400.34	586.67	585.09	948.2

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