SHE:300172 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	740.43	818.13	991.95	997.86	847.17	903.85
Other Revenue	19.18	19.18	14.04	25.52	27.21	15.98
Revenue	759.61	837.3	1,006	1,023	874.38	919.83
Revenue Growth (YoY)	-8.91%	-16.77%	-1.70%	17.04%	-4.94%	1.43%
Cost of Revenue	551.31	613.75	765.94	776.25	632.05	615.42
Gross Profit	208.29	223.55	240.05	247.13	242.33	304.41
Selling, General & Admin	84.23	81.88	84.91	85.07	90.78	86.81
Research & Development	35.38	40.71	39.1	46.29	37.84	35.3
Other Operating Expenses	10.48	-0.57	4.55	3	3.41	6.04
Operating Expenses	113.02	137.88	156.44	150.77	153.82	140.35
Operating Income	95.28	85.67	83.61	96.35	88.51	164.06
Interest Expense	-2.46	-5.17	-9.73	-13.86	-14.45	-13.7
Interest & Investment Income	9.68	12.83	12.15	12.54	8.96	8.67
Currency Exchange Gain (Loss)	0.3	0.3	0.07	0	-0	-0
Other Non Operating Income (Expenses)	-0.84	-0.68	-0.11	-1.93	0.22	-2
EBT Excluding Unusual Items	101.97	92.95	86	93.1	83.24	157.03
Impairment of Goodwill	-	-	-	-42.08	-	-
Gain (Loss) on Sale of Investments	5.79	11.03	21.98	17.52	18.86	16.07
Gain (Loss) on Sale of Assets	-0.02	-0	0	-0	0	-0.08
Asset Writedown	-29.27	-25.74	-26.46	-0.55	-0.02	-
Other Unusual Items	13.79	9.47	14.05	17.68	15.96	26.19
Pretax Income	92.25	87.71	95.56	85.67	118.04	199.21
Income Tax Expense	14.34	11.3	15.34	16.17	10.61	21.4
Earnings From Continuing Operations	77.91	76.4	80.22	69.5	107.43	177.82
Minority Interest in Earnings	0.6	-2.24	5.6	6.74	-0.87	-0.8
Net Income	78.51	74.16	85.82	76.25	106.56	177.01
Net Income to Common	78.51	74.16	85.82	76.25	106.56	177.01
Net Income Growth	13.81%	-13.58%	12.55%	-28.45%	-39.80%	23.85%
Shares Outstanding (Basic)	674	674	660	693	666	681
Shares Outstanding (Diluted)	674	674	660	693	666	681
Shares Change (YoY)	2.13%	2.13%	-4.76%	4.08%	-2.18%	2.61%
EPS (Basic)	0.12	0.11	0.13	0.11	0.16	0.26
EPS (Diluted)	0.12	0.11	0.13	0.11	0.16	0.26
EPS Growth	11.44%	-15.38%	18.18%	-31.25%	-38.46%	20.71%
Free Cash Flow	319.96	239.04	80.36	85.44	27.81	62.88
Free Cash Flow Per Share	0.47	0.35	0.12	0.12	0.04	0.09
Dividend Per Share	0.050	0.050	0.030	0.050	0.050	0.038
Dividend Growth	66.67%	66.67%	-40.00%	-	29.87%	-
Gross Margin	27.42%	26.70%	23.86%	24.15%	27.71%	33.09%
Operating Margin	12.54%	10.23%	8.31%	9.41%	10.12%	17.84%
Profit Margin	10.33%	8.86%	8.53%	7.45%	12.19%	19.24%
Free Cash Flow Margin	42.12%	28.55%	7.99%	8.35%	3.18%	6.84%
EBITDA	193.37	190.24	196.82	219.54	180.09	252.47
EBITDA Margin	25.46%	22.72%	19.56%	21.45%	20.60%	27.45%
D&A For EBITDA	98.09	104.57	113.21	123.19	91.57	88.4
EBIT	95.28	85.67	83.61	96.35	88.51	164.06
EBIT Margin	12.54%	10.23%	8.31%	9.41%	10.12%	17.84%
Effective Tax Rate	15.55%	12.89%	16.05%	18.87%	8.99%	10.74%
Revenue as Reported	759.61	837.3	1,006	1,023	874.38	919.83

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