SHE:300960 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	449.02	417.6	354.58	289.88	288.49	310.99
Other Revenue	6.91	6.91	4.24	5.68	5.9	6.79
Revenue	455.93	424.51	358.81	295.56	294.39	317.79
Revenue Growth (YoY)	12.82%	18.31%	21.40%	0.40%	-7.36%	-18.37%
Cost of Revenue	262.03	240.44	208.28	159.28	154.05	155.71
Gross Profit	193.9	184.08	150.53	136.28	140.34	162.08
Selling, General & Admin	84.03	79.91	69.82	69.44	60.86	53
Research & Development	54.95	51.04	45.5	47.92	44.02	33.85
Other Operating Expenses	-0.03	-2.18	-1.25	-1.09	-2.28	-1.37
Operating Expenses	145.59	133	117.97	116.82	104.23	85.99
Operating Income	48.31	51.08	32.56	19.47	36.11	76.09
Interest Expense	-2.57	-2.11	-2.35	-3.21	-4.32	-2.01
Interest & Investment Income	2.07	3.57	4.73	6.09	7.45	3.09
Currency Exchange Gain (Loss)	-0	-0	-	-0	-0	0
Other Non Operating Income (Expenses)	-0.46	-0.83	0.5	0.92	2.09	2.12
EBT Excluding Unusual Items	47.35	51.72	35.44	23.27	41.32	79.29
Gain (Loss) on Sale of Assets	0.05	-	0.02	0.03	0.05	-
Asset Writedown	-0.51	-0.51	-	-0.01	-	0
Other Unusual Items	1.95	2.04	3.76	6.57	6.61	3.31
Pretax Income	48.83	53.25	39.23	29.87	47.98	82.6
Income Tax Expense	4.6	4.11	3.38	0.46	2.62	8.92
Net Income	44.24	49.14	35.84	29.41	45.37	73.68
Net Income to Common	44.24	49.14	35.84	29.41	45.37	73.68
Net Income Growth	-13.89%	37.10%	21.89%	-35.18%	-38.43%	-0.72%
Shares Outstanding (Basic)	144	143	143	142	135	107
Shares Outstanding (Diluted)	144	143	143	142	135	107
Shares Change (YoY)	0.00%	-0.05%	0.97%	5.07%	25.77%	0.32%
EPS (Basic)	0.31	0.34	0.25	0.21	0.34	0.69
EPS (Diluted)	0.31	0.34	0.25	0.21	0.34	0.69
EPS Growth	-13.89%	37.16%	20.71%	-38.31%	-51.04%	-1.04%
Free Cash Flow	-29.46	42.54	11.13	23.17	-58.61	61.89
Free Cash Flow Per Share	-0.20	0.30	0.08	0.16	-0.43	0.58
Dividend Per Share	0.322	0.393	0.429	0.286	0.214	0.286
Dividend Growth	-35.70%	-8.33%	50.02%	33.32%	-24.99%	-
Gross Margin	42.53%	43.36%	41.95%	46.11%	47.67%	51.00%
Operating Margin	10.60%	12.03%	9.08%	6.59%	12.27%	23.94%
Profit Margin	9.70%	11.58%	9.99%	9.95%	15.41%	23.18%
Free Cash Flow Margin	-6.46%	10.02%	3.10%	7.84%	-19.91%	19.48%
EBITDA	59.83	61.25	40.94	26.74	43.59	83.41
EBITDA Margin	13.12%	14.43%	11.41%	9.05%	14.81%	26.25%
D&A For EBITDA	11.52	10.17	8.37	7.27	7.49	7.32
EBIT	48.31	51.08	32.56	19.47	36.11	76.09
EBIT Margin	10.60%	12.03%	9.08%	6.59%	12.27%	23.94%
Effective Tax Rate	9.41%	7.72%	8.62%	1.55%	5.45%	10.80%
Revenue as Reported	455.93	424.51	358.81	295.56	294.39	317.79

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