SHE:300922 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	247.99	230.34	153.92	144.45	239.29	223.67
Other Revenue	0.2	0.2	0.66	3.45	1.73	6.51
Revenue	248.19	230.54	154.58	147.91	241.02	230.19
Revenue Growth (YoY)	13.84%	49.14%	4.51%	-38.63%	4.71%	8.20%
Cost of Revenue	165.62	151.36	99.29	105.21	143.84	134.76
Gross Profit	82.58	79.18	55.29	42.7	97.18	95.43
Selling, General & Admin	31.99	29.52	14.74	11.81	12.66	12.6
Research & Development	9.48	8.15	8.79	9.95	10.22	10.65
Other Operating Expenses	0.98	-0.04	0.55	1.49	1.1	0.94
Operating Expenses	45.66	42.23	27.67	21.64	25.47	26.52
Operating Income	36.92	36.95	27.62	21.06	71.71	68.91
Interest & Investment Income	11.27	10.79	14.35	14.84	15.75	4.26
Currency Exchange Gain (Loss)	-	-	-0	0	-0	-0.01
Other Non Operating Income (Expenses)	-0.09	-0.02	-0.02	-0.02	-0.01	-0.07
EBT Excluding Unusual Items	48.1	47.72	41.95	35.88	87.45	73.1
Impairment of Goodwill	-	-	-	-4.32	-	-
Gain (Loss) on Sale of Investments	0.74	0.02	0.03	0.73	-	-
Gain (Loss) on Sale of Assets	0	-	0.03	0.26	-0.02	-
Asset Writedown	-0.26	-0.26	-1.05	-	-	-
Other Unusual Items	-0.42	-0.42	0.77	-1.61	5.85	1.45
Pretax Income	48.17	47.06	41.73	30.94	93.28	74.55
Income Tax Expense	5.88	5.38	9.54	4.05	12.61	10.15
Earnings From Continuing Operations	42.3	41.68	32.19	26.89	80.67	64.4
Minority Interest in Earnings	-0	-0	-	-	-	-
Net Income	42.29	41.68	32.19	26.89	80.67	64.4
Net Income to Common	42.29	41.68	32.19	26.89	80.67	64.4
Net Income Growth	2.48%	29.49%	19.70%	-66.66%	25.27%	22.54%
Shares Outstanding (Basic)	157	154	153	158	158	117
Shares Outstanding (Diluted)	157	154	153	158	158	117
Shares Change (YoY)	2.40%	0.71%	-3.10%	0.01%	35.09%	0.26%
EPS (Basic)	0.27	0.27	0.21	0.17	0.51	0.55
EPS (Diluted)	0.27	0.27	0.21	0.17	0.51	0.55
EPS Growth	0.08%	28.57%	23.53%	-66.67%	-7.27%	22.22%
Free Cash Flow	-43.62	-7.04	-23.11	6.76	44.88	19.76
Free Cash Flow Per Share	-0.28	-0.05	-0.15	0.04	0.28	0.17
Dividend Per Share	0.180	0.180	0.150	0.100	0.250	0.250
Dividend Growth	20.00%	20.00%	50.00%	-60.00%	-	-
Gross Margin	33.27%	34.34%	35.77%	28.87%	40.32%	41.46%
Operating Margin	14.88%	16.03%	17.87%	14.24%	29.75%	29.94%
Profit Margin	17.04%	18.08%	20.82%	18.18%	33.47%	27.98%
Free Cash Flow Margin	-17.58%	-3.05%	-14.95%	4.57%	18.62%	8.58%
EBITDA	47.76	47.82	38.53	32.08	82.36	79.75
EBITDA Margin	19.24%	20.74%	24.93%	21.69%	34.17%	34.64%
D&A For EBITDA	10.84	10.87	10.91	11.02	10.65	10.84
EBIT	36.92	36.95	27.62	21.06	71.71	68.91
EBIT Margin	14.88%	16.03%	17.87%	14.24%	29.75%	29.94%
Effective Tax Rate	12.20%	11.43%	22.86%	13.08%	13.52%	13.62%
Revenue as Reported	248.19	230.54	154.58	147.91	241.02	230.19

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