SHE:300855 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	947.69	1,169	1,332	1,011	697.87	526.83
Other Revenue	89.17	89.17	52.27	21.27	-	19.51
Revenue	1,037	1,258	1,385	1,032	697.87	546.34
Revenue Growth (YoY)	-25.87%	-9.16%	34.12%	47.93%	27.73%	12.84%
Cost of Revenue	764.36	839.2	914.79	673.85	438.55	371.08
Gross Profit	272.5	418.54	469.78	358.53	259.32	175.26
Selling, General & Admin	58.51	51.2	55.34	52.57	52.35	32.34
Research & Development	49.27	62.52	55.95	53.78	44.76	33.89
Other Operating Expenses	-3.66	-1.77	-5.96	-11.5	-15.63	-1.01
Operating Expenses	110.12	117.08	101.67	93.52	81.27	65.45
Operating Income	162.38	301.46	368.11	265.01	178.04	109.81
Interest Expense	-5.05	-3.31	-4.57	-2.41	-1.13	-1.83
Interest & Investment Income	6.24	5.77	5.17	12.27	9.72	1.09
Currency Exchange Gain (Loss)	1.48	1.48	1.02	0.57	-0.26	-1.47
Other Non Operating Income (Expenses)	-0.96	-0.26	-0.24	-0.18	-0.13	-0.28
EBT Excluding Unusual Items	164.1	305.15	369.51	275.27	186.25	107.32
Gain (Loss) on Sale of Investments	-4.11	-6.83	7.79	0.38	1.47	3.48
Gain (Loss) on Sale of Assets	0.16	0.04	0.25	-	0.03	0.1
Asset Writedown	-28.07	-0.05	-0.02	-0.11	-0.27	-0.06
Other Unusual Items	7.2	3.67	-2.42	6.45	19.84	13.44
Pretax Income	139.29	301.98	375.1	281.99	207.32	124.28
Income Tax Expense	7.03	34.97	44.78	27.19	25.99	15.2
Net Income	132.26	267	330.33	254.8	181.34	109.08
Net Income to Common	132.26	267	330.33	254.8	181.34	109.08
Net Income Growth	-59.64%	-19.17%	29.64%	40.51%	66.24%	6.99%
Shares Outstanding (Basic)	393	393	393	392	393	332
Shares Outstanding (Diluted)	393	393	393	392	393	332
Shares Change (YoY)	-0.38%	-0.15%	0.32%	-0.24%	18.22%	13.68%
EPS (Basic)	0.34	0.68	0.84	0.65	0.46	0.33
EPS (Diluted)	0.34	0.68	0.84	0.65	0.46	0.33
EPS Growth	-59.49%	-19.05%	29.23%	40.84%	40.62%	-5.88%
Free Cash Flow	60.46	190.55	-246.25	-7.16	-3.85	59.46
Free Cash Flow Per Share	0.15	0.48	-0.63	-0.02	-0.01	0.18
Dividend Per Share	0.250	0.250	0.300	0.077	0.102	0.103
Dividend Growth	-37.50%	-16.67%	290.12%	-24.98%	-0.10%	-
Gross Margin	26.28%	33.28%	33.93%	34.73%	37.16%	32.08%
Operating Margin	15.66%	23.97%	26.59%	25.67%	25.51%	20.10%
Profit Margin	12.76%	21.23%	23.86%	24.68%	25.98%	19.97%
Free Cash Flow Margin	5.83%	15.15%	-17.79%	-0.69%	-0.55%	10.88%
EBITDA	254.67	375.95	418.87	296.6	213.93	145.1
EBITDA Margin	24.56%	29.89%	30.25%	28.73%	30.65%	26.56%
D&A For EBITDA	92.28	74.49	50.76	31.59	35.89	35.29
EBIT	162.38	301.46	368.11	265.01	178.04	109.81
EBIT Margin	15.66%	23.97%	26.59%	25.67%	25.51%	20.10%
Effective Tax Rate	5.05%	11.58%	11.94%	9.64%	12.53%	12.23%
Revenue as Reported	1,037	1,258	1,385	1,032	697.87	546.34

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