SHE:300400 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	722.42	684.31	678.29	724.14	956.54	859.69
Other Revenue	44.44	44.44	41.86	67.03	32.64	24.11
Revenue	766.86	728.75	720.15	791.18	989.18	883.8
Revenue Growth (YoY)	6.38%	1.19%	-8.98%	-20.02%	11.92%	78.41%
Cost of Revenue	502.42	477.17	492.06	518.36	718.47	600.22
Gross Profit	264.44	251.58	228.08	272.82	270.7	283.58
Selling, General & Admin	116.75	132.91	158.07	164.57	159.72	117.2
Research & Development	47.04	52.01	51.08	44.17	44.79	45.47
Other Operating Expenses	-3.28	-6.16	-11.98	-8.77	-10.06	-11.32
Operating Expenses	155.8	189.88	199.22	205.5	208.26	154.46
Operating Income	108.64	61.7	28.86	67.32	62.44	129.12
Interest Expense	-	-0.19	-0.64	-	-0.36	-2.75
Interest & Investment Income	14.86	25.86	7.92	4.46	13.34	3.83
Currency Exchange Gain (Loss)	3.4	3.4	2.63	10	-1.61	-4.29
Other Non Operating Income (Expenses)	1.46	-0.84	0.92	-0.28	-5.9	-0.5
EBT Excluding Unusual Items	128.36	89.93	39.71	81.51	67.91	125.41
Gain (Loss) on Sale of Investments	-0.66	-	-1.81	-	-	-
Gain (Loss) on Sale of Assets	-0.19	-0	0	0.02	-0.32	-
Asset Writedown	-6.19	-0.31	-0.08	-0.43	-	-0.12
Other Unusual Items	0.95	2.03	5.48	14.23	11.91	14.82
Pretax Income	122.27	91.65	43.3	95.32	79.5	140.11
Income Tax Expense	13.33	8.41	7.12	6.38	9.19	17.44
Earnings From Continuing Operations	108.93	83.24	36.18	88.94	70.31	122.68
Minority Interest in Earnings	0.06	-0.07	3.25	0.17	9.66	0.06
Net Income	108.99	83.17	39.42	89.1	79.98	122.74
Net Income to Common	108.99	83.17	39.42	89.1	79.98	122.74
Net Income Growth	78.13%	110.98%	-55.76%	11.41%	-34.84%	443.74%
Shares Outstanding (Basic)	243	245	246	243	242	236
Shares Outstanding (Diluted)	243	245	246	245	242	241
Shares Change (YoY)	-1.41%	-0.71%	0.48%	1.17%	0.70%	-4.04%
EPS (Basic)	0.45	0.34	0.16	0.37	0.33	0.52
EPS (Diluted)	0.45	0.34	0.16	0.36	0.33	0.51
EPS Growth	80.68%	112.50%	-55.97%	10.12%	-35.29%	466.67%
Free Cash Flow	168.31	120.03	94.58	122.78	4.91	224.33
Free Cash Flow Per Share	0.69	0.49	0.38	0.50	0.02	0.93
Dividend Per Share	0.810	0.780	0.125	-	0.500	0.100
Dividend Growth	60.40%	524.00%	-	-	400.00%	-
Gross Margin	34.48%	34.52%	31.67%	34.48%	27.37%	32.09%
Operating Margin	14.17%	8.47%	4.01%	8.51%	6.31%	14.61%
Profit Margin	14.21%	11.41%	5.47%	11.26%	8.09%	13.89%
Free Cash Flow Margin	21.95%	16.47%	13.13%	15.52%	0.50%	25.38%
EBITDA	119.36	81.82	61.53	99.73	91.65	148.08
EBITDA Margin	15.57%	11.23%	8.54%	12.61%	9.27%	16.75%
D&A For EBITDA	10.72	20.12	32.66	32.41	29.22	18.95
EBIT	108.64	61.7	28.86	67.32	62.44	129.12
EBIT Margin	14.17%	8.47%	4.01%	8.51%	6.31%	14.61%
Effective Tax Rate	10.90%	9.18%	16.45%	6.69%	11.56%	12.44%
Revenue as Reported	766.86	728.75	720.15	791.18	989.18	883.8

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