SHE:300930 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	686.47	502.24	393.03	386.64	521.61	338.56
Other Revenue	0.26	0.26	0.36	0.3	0.36	0.78
Revenue	686.72	502.49	393.39	386.94	521.97	339.34
Revenue Growth (YoY)	56.11%	27.73%	1.67%	-25.87%	53.82%	11.07%
Cost of Revenue	564.8	405.98	307.43	281.43	390.58	253.7
Gross Profit	121.92	96.52	85.96	105.51	131.39	85.64
Selling, General & Admin	22.33	15.68	12.22	10.75	11.94	6.95
Research & Development	25.74	19.46	17.31	17.15	17.78	12.06
Other Operating Expenses	4.19	3.05	3.33	-4.41	-1.62	-2.89
Operating Expenses	54.73	39.75	33.41	23.54	28.73	15.61
Operating Income	67.19	56.76	52.55	81.97	102.66	70.03
Interest Expense	-7.64	-3.08	-	-	-0.03	-0.35
Interest & Investment Income	0.47	2.29	4.92	15.85	5.93	1.57
Other Non Operating Income (Expenses)	-0.01	-0.03	-0.02	-0	-0.02	-0
EBT Excluding Unusual Items	60.01	55.93	57.45	97.82	108.53	71.25
Gain (Loss) on Sale of Assets	0.34	-	-0.04	-	-	-
Asset Writedown	-0.05	-	0	-	-0.08	-
Other Unusual Items	1.14	0.15	-1.06	4.63	0.64	0.82
Pretax Income	61.44	56.08	56.36	102.46	109.09	72.08
Income Tax Expense	4.97	5.14	5.86	10.9	12.9	8.39
Net Income	56.47	50.95	50.51	91.56	96.2	63.69
Net Income to Common	56.47	50.95	50.51	91.56	96.2	63.69
Net Income Growth	19.79%	0.87%	-44.84%	-4.82%	51.04%	7.77%
Shares Outstanding (Basic)	100	100	99	100	98	75
Shares Outstanding (Diluted)	100	100	99	100	98	75
Shares Change (YoY)	0.87%	0.87%	-0.49%	1.39%	31.00%	0.16%
EPS (Basic)	0.57	0.51	0.51	0.92	0.98	0.85
EPS (Diluted)	0.57	0.51	0.51	0.92	0.98	0.85
EPS Growth	18.76%	-	-44.56%	-6.12%	15.29%	7.60%
Free Cash Flow	-190.64	-278	-178.81	-55.97	29.17	12.69
Free Cash Flow Per Share	-1.91	-2.78	-1.81	-0.56	0.30	0.17
Dividend Per Share	0.100	0.100	0.100	0.100	0.100	0.100
Gross Margin	17.75%	19.21%	21.85%	27.27%	25.17%	25.24%
Operating Margin	9.78%	11.30%	13.36%	21.18%	19.67%	20.64%
Profit Margin	8.22%	10.14%	12.84%	23.66%	18.43%	18.77%
Free Cash Flow Margin	-27.76%	-55.32%	-45.45%	-14.46%	5.59%	3.74%
EBITDA	103.22	82.29	64.08	89.02	109.66	77.26
EBITDA Margin	15.03%	16.38%	16.29%	23.01%	21.01%	22.77%
D&A For EBITDA	36.03	25.53	11.53	7.05	7	7.23
EBIT	67.19	56.76	52.55	81.97	102.66	70.03
EBIT Margin	9.78%	11.30%	13.36%	21.18%	19.67%	20.64%
Effective Tax Rate	8.09%	9.16%	10.39%	10.63%	11.82%	11.63%
Revenue as Reported	686.72	502.49	393.39	386.94	521.97	339.34

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