SHE:300823 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	403.21	444.24	454.46	429.43	472.05	461.29
Other Revenue	6.94	6.94	6.49	7.86	9.11	4.89
Revenue	410.15	451.18	460.95	437.29	481.16	466.18
Revenue Growth (YoY)	-8.64%	-2.12%	5.41%	-9.12%	3.21%	-1.88%
Cost of Revenue	251.45	277.76	275.57	289.07	271.26	256.35
Gross Profit	158.7	173.42	185.38	148.22	209.9	209.83
Selling, General & Admin	76.74	79.15	81.2	76.47	80.63	69.39
Research & Development	31.13	35.86	29.68	26.87	24.66	26.69
Other Operating Expenses	8.58	6.27	4.54	5.43	3.4	4.13
Operating Expenses	122.36	127.74	132.23	110.73	113.61	113.66
Operating Income	36.34	45.69	53.15	37.49	96.29	96.17
Interest Expense	-0.07	-0.26	-0.26	-0.99	-0.01	-1.19
Interest & Investment Income	3.96	4	5.2	6.73	6.62	4.26
Currency Exchange Gain (Loss)	0.75	0.75	0.13	1.39	-0.84	-1.08
Other Non Operating Income (Expenses)	-0.93	-0.07	1.74	-1.43	-0.76	-0.24
EBT Excluding Unusual Items	40.05	50.1	59.96	43.2	101.3	97.92
Gain (Loss) on Sale of Assets	-0.22	0.52	0.37	0.64	1.97	0.25
Asset Writedown	-3.29	-	-0.02	-0.57	-	-0.07
Other Unusual Items	7.84	7.13	14.18	-1.33	4.05	8.24
Pretax Income	44.37	57.75	74.49	41.94	107.32	106.34
Income Tax Expense	0.65	5.51	10.18	4.19	11.91	15.13
Earnings From Continuing Operations	43.72	52.23	64.31	37.75	95.41	91.21
Minority Interest in Earnings	-11.59	-7.43	-6.77	-2.31	-4.85	-1.46
Net Income	32.14	44.81	57.54	35.44	90.56	89.75
Net Income to Common	32.14	44.81	57.54	35.44	90.56	89.75
Net Income Growth	-33.58%	-22.13%	62.35%	-60.86%	0.90%	6.64%
Shares Outstanding (Basic)	133	132	131	131	131	123
Shares Outstanding (Diluted)	133	132	131	131	131	123
Shares Change (YoY)	2.13%	0.78%	0.14%	-0.08%	6.09%	25.45%
EPS (Basic)	0.24	0.34	0.44	0.27	0.69	0.73
EPS (Diluted)	0.24	0.34	0.44	0.27	0.69	0.73
EPS Growth	-34.97%	-22.73%	62.12%	-60.83%	-4.90%	-14.99%
Free Cash Flow	71.47	44.4	-89.97	51.66	-10.88	4.37
Free Cash Flow Per Share	0.54	0.34	-0.69	0.40	-0.08	0.04
Dividend Per Share	0.326	0.326	0.588	0.381	0.382	0.306
Dividend Growth	-44.56%	-44.56%	54.45%	-0.37%	24.99%	98.12%
Gross Margin	38.69%	38.44%	40.22%	33.89%	43.62%	45.01%
Operating Margin	8.86%	10.13%	11.53%	8.57%	20.01%	20.63%
Profit Margin	7.83%	9.93%	12.48%	8.11%	18.82%	19.25%
Free Cash Flow Margin	17.43%	9.84%	-19.52%	11.81%	-2.26%	0.94%
EBITDA	75.02	80.18	82.06	61.72	124.15	119.34
EBITDA Margin	18.29%	17.77%	17.80%	14.12%	25.80%	25.60%
D&A For EBITDA	38.69	34.5	28.91	24.23	27.87	23.17
EBIT	36.34	45.69	53.15	37.49	96.29	96.17
EBIT Margin	8.86%	10.13%	11.53%	8.57%	20.01%	20.63%
Effective Tax Rate	1.47%	9.54%	13.66%	10.00%	11.10%	14.22%
Revenue as Reported	410.15	451.18	460.95	437.29	481.16	466.18

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