SHE:300838 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	937.86	926.67	1,109	1,012	687.47	469.21
Other Revenue	6.14	6.14	1.9	1.11	0.89	0.55
Revenue	944	932.81	1,111	1,013	688.36	469.77
Revenue Growth (YoY)	-7.84%	-16.05%	9.71%	47.14%	46.53%	3.83%
Cost of Revenue	783.35	765.66	844.57	770.46	499.6	325.46
Gross Profit	160.64	167.15	266.64	242.37	188.76	144.31
Selling, General & Admin	89.32	91.29	87.83	73.3	61.53	53.48
Research & Development	35	37.85	42.71	36.02	27.7	16.02
Other Operating Expenses	5.41	2.42	2.59	4.99	3.57	3.2
Operating Expenses	153.71	149.55	156.42	132.69	100.71	80.63
Operating Income	6.93	17.6	110.22	109.68	88.05	63.68
Interest Expense	-6.02	-2.85	-1.52	-3.45	-1.15	-2.01
Interest & Investment Income	-	0.99	2.46	11.37	4.91	4.45
Currency Exchange Gain (Loss)	0.52	0.52	0.55	1.12	-0.39	-1.07
Other Non Operating Income (Expenses)	-0.81	-0.65	1.31	-2.09	-0.31	0.02
EBT Excluding Unusual Items	0.62	15.61	113.01	116.64	91.11	65.07
Gain (Loss) on Sale of Investments	-2.58	-0.89	-0.42	-	2.13	-
Gain (Loss) on Sale of Assets	0.26	0.32	-0.16	-0.47	-0.63	-0.7
Asset Writedown	1.38	-	-	-	-	-1.53
Other Unusual Items	0.26	0.26	6.24	1.57	3.31	8.31
Pretax Income	-0.07	15.3	118.67	117.73	95.93	71.15
Income Tax Expense	-3.28	-0.46	11.61	10.92	10.66	9.06
Earnings From Continuing Operations	3.21	15.76	107.06	106.81	85.27	62.08
Minority Interest in Earnings	1.71	2.57	-	-	-	-
Net Income	4.91	18.33	107.06	106.81	85.27	62.08
Net Income to Common	4.91	18.33	107.06	106.81	85.27	62.08
Net Income Growth	-90.37%	-82.88%	0.24%	25.26%	37.34%	-8.40%
Shares Outstanding (Basic)	134	141	137	137	135	136
Shares Outstanding (Diluted)	134	141	137	137	135	136
Shares Change (YoY)	-5.20%	2.75%	0.24%	1.17%	-0.73%	32.77%
EPS (Basic)	0.04	0.13	0.78	0.78	0.63	0.46
EPS (Diluted)	0.04	0.13	0.78	0.78	0.63	0.46
EPS Growth	-89.85%	-83.33%	-	23.81%	38.35%	-31.01%
Free Cash Flow	-30.53	-29.94	-19.97	-64.49	-65.41	-4.76
Free Cash Flow Per Share	-0.23	-0.21	-0.15	-0.47	-0.48	-0.04
Dividend Per Share	0.150	0.150	0.250	0.250	0.200	0.150
Dividend Growth	-40.00%	-40.00%	-	25.00%	33.33%	-
Gross Margin	17.02%	17.92%	24.00%	23.93%	27.42%	30.72%
Operating Margin	0.73%	1.89%	9.92%	10.83%	12.79%	13.56%
Profit Margin	0.52%	1.97%	9.63%	10.54%	12.39%	13.22%
Free Cash Flow Margin	-3.23%	-3.21%	-1.80%	-6.37%	-9.50%	-1.01%
EBITDA	28.87	39.52	132.1	125.84	101.78	76.71
EBITDA Margin	3.06%	4.24%	11.89%	12.43%	14.79%	16.33%
D&A For EBITDA	21.94	21.92	21.88	16.16	13.74	13.03
EBIT	6.93	17.6	110.22	109.68	88.05	63.68
EBIT Margin	0.73%	1.89%	9.92%	10.83%	12.79%	13.56%
Effective Tax Rate	-	-	9.78%	9.28%	11.11%	12.74%
Revenue as Reported	944	932.81	1,111	1,013	688.36	469.77

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