SHE:300882 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,192	933.29	1,105	834.55	498.61	568.96
Other Revenue	4.1	4.1	14.34	9.59	47.68	2.14
Revenue	1,196	937.39	1,119	844.14	546.29	571.1
Revenue Growth (YoY)	20.79%	-16.25%	32.60%	54.52%	-4.35%	0.56%
Cost of Revenue	798.15	631.93	710.61	558.73	385.63	391.74
Gross Profit	397.65	305.46	408.72	285.41	160.66	179.36
Selling, General & Admin	133.41	119.73	111.23	97.36	69.75	51.15
Research & Development	92.33	83.13	58.56	57.18	46.54	34.3
Other Operating Expenses	-19.33	-10.98	-22.52	-15.31	-5.44	-6.52
Operating Expenses	218.28	194.52	147.17	144.79	105.44	88.58
Operating Income	179.37	110.93	261.55	140.62	55.22	90.78
Interest Expense	-0.23	-0.1	-0.03	-0.07	-0.08	-0.01
Interest & Investment Income	14.78	19.39	21.72	6.62	12.28	3.76
Currency Exchange Gain (Loss)	1.12	1.12	0.6	1.6	-0.4	0
Other Non Operating Income (Expenses)	0.04	-0.45	-0.24	-0.35	-0.3	-0.17
EBT Excluding Unusual Items	195.08	130.89	283.59	148.42	66.72	94.36
Gain (Loss) on Sale of Investments	1.33	1.33	0.65	-	-	-
Gain (Loss) on Sale of Assets	-0.74	-	-0	0.06	-	-
Asset Writedown	-0.03	-0.21	-0.38	-0.04	-0.03	-0.02
Other Unusual Items	1.82	0.69	3.16	4.35	4.18	4.47
Pretax Income	197.47	132.7	287.02	152.79	70.87	98.81
Income Tax Expense	22.35	13.78	36.93	17.62	5.69	11.48
Net Income	175.21	118.92	250.08	135.17	65.18	87.34
Net Income to Common	175.21	118.92	250.08	135.17	65.18	87.34
Net Income Growth	5.84%	-52.45%	85.02%	107.39%	-25.37%	16.02%
Shares Outstanding (Basic)	286	283	287	287	285	231
Shares Outstanding (Diluted)	286	283	287	287	285	231
Shares Change (YoY)	0.44%	-1.50%	0.25%	0.57%	23.60%	7.75%
EPS (Basic)	0.61	0.42	0.87	0.47	0.23	0.38
EPS (Diluted)	0.61	0.42	0.87	0.47	0.23	0.38
EPS Growth	5.38%	-51.72%	84.56%	106.21%	-39.62%	7.68%
Free Cash Flow	23.92	115.63	356.54	26.58	5.52	-150.82
Free Cash Flow Per Share	0.08	0.41	1.24	0.09	0.02	-0.65
Dividend Per Share	0.050	0.050	0.040	0.143	0.036	0.165
Dividend Growth	25.00%	25.00%	-72.01%	300.28%	-78.34%	-
Gross Margin	33.25%	32.59%	36.52%	33.81%	29.41%	31.41%
Operating Margin	15.00%	11.83%	23.37%	16.66%	10.11%	15.90%
Profit Margin	14.65%	12.69%	22.34%	16.01%	11.93%	15.29%
Free Cash Flow Margin	2.00%	12.34%	31.85%	3.15%	1.01%	-26.41%
EBITDA	216.24	147.76	298.33	169.32	70.5	102.79
EBITDA Margin	18.08%	15.76%	26.65%	20.06%	12.91%	18.00%
D&A For EBITDA	36.87	36.83	36.78	28.7	15.28	12
EBIT	179.37	110.93	261.55	140.62	55.22	90.78
EBIT Margin	15.00%	11.83%	23.37%	16.66%	10.11%	15.90%
Effective Tax Rate	11.32%	10.39%	12.87%	11.53%	8.03%	11.62%
Revenue as Reported	1,196	937.39	1,119	844.14	546.29	571.1

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