SHE:002907 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	775.83	764.14	680.84	774.72	837.23	876.09
Other Revenue	10.68	10.68	10.7	10.47	8.91	6.38
Revenue	786.51	774.82	691.54	785.18	846.14	882.47
Revenue Growth (YoY)	-0.51%	12.04%	-11.93%	-7.20%	-4.12%	4.80%
Cost of Revenue	334.55	332.91	312.45	320.55	400.53	458.88
Gross Profit	451.96	441.91	379.1	464.63	445.61	423.59
Selling, General & Admin	305.69	308.36	263.88	292.53	297.82	269.07
Research & Development	79.38	59.13	78.12	58.82	41.72	36.48
Other Operating Expenses	27.77	10.65	9.39	12.34	11.58	9.82
Operating Expenses	411.53	379.55	349.7	367.04	350.65	314.47
Operating Income	40.42	62.36	29.4	97.59	94.95	109.13
Interest Expense	-	-	-0.95	-14.42	-18.22	-17.21
Interest & Investment Income	24.02	10.32	9.81	11.5	16.4	14.61
Currency Exchange Gain (Loss)	0	0	-0	-	-	-
Other Non Operating Income (Expenses)	-16.05	0.27	-0.17	-0.03	-0.03	-0.02
EBT Excluding Unusual Items	48.39	72.95	38.1	94.64	93.11	106.51
Gain (Loss) on Sale of Investments	5.54	1.38	-4.67	-2.61	-1.33	1.21
Gain (Loss) on Sale of Assets	8.56	-	0.06	-	-0.01	-0.01
Asset Writedown	0.63	-0.03	-2.37	-0.17	-	-
Other Unusual Items	31.19	19.14	11.68	16.37	11.65	29.34
Pretax Income	94.32	93.44	42.8	108.24	103.42	137.05
Income Tax Expense	24.24	16.71	10.1	9.84	11.64	17.86
Earnings From Continuing Operations	70.07	76.73	32.7	98.4	91.78	119.19
Minority Interest in Earnings	4.54	-	-	-	-	-
Net Income	74.61	76.73	32.7	98.4	91.78	119.19
Net Income to Common	74.61	76.73	32.7	98.4	91.78	119.19
Net Income Growth	19.37%	134.66%	-66.77%	7.21%	-22.99%	-29.79%
Shares Outstanding (Basic)	418	418	418	403	401	401
Shares Outstanding (Diluted)	418	418	418	403	401	401
Shares Change (YoY)	0.05%	0.02%	3.60%	0.49%	0.06%	0.21%
EPS (Basic)	0.18	0.18	0.08	0.24	0.23	0.30
EPS (Diluted)	0.18	0.18	0.08	0.24	0.23	0.30
EPS Growth	19.32%	134.61%	-67.92%	6.69%	-23.04%	-29.93%
Free Cash Flow	67.05	145.62	126.52	-47.57	26.21	66.95
Free Cash Flow Per Share	0.16	0.35	0.30	-0.12	0.07	0.17
Dividend Per Share	0.085	0.085	0.050	0.070	0.050	0.028
Dividend Growth	-	70.00%	-28.57%	40.00%	78.57%	-36.36%
Gross Margin	57.46%	57.03%	54.82%	59.17%	52.66%	48.00%
Operating Margin	5.14%	8.05%	4.25%	12.43%	11.22%	12.37%
Profit Margin	9.49%	9.90%	4.73%	12.53%	10.85%	13.51%
Free Cash Flow Margin	8.53%	18.79%	18.30%	-6.06%	3.10%	7.59%
EBITDA	127.78	147.38	111.3	172.13	164.7	156.02
EBITDA Margin	16.25%	19.02%	16.09%	21.92%	19.46%	17.68%
D&A For EBITDA	87.35	85.01	81.9	74.54	69.74	46.89
EBIT	40.42	62.36	29.4	97.59	94.95	109.13
EBIT Margin	5.14%	8.05%	4.25%	12.43%	11.22%	12.37%
Effective Tax Rate	25.70%	17.89%	23.59%	9.09%	11.25%	13.03%
Revenue as Reported	786.51	774.82	691.54	785.18	846.14	882.47

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