SHE:301007 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	638.66	687.32	643.93	573.63	508.95	441.41
Other Revenue	3.13	3.13	2.72	2.52	3.2	2.47
Revenue	641.79	690.44	646.65	576.14	512.15	443.88
Revenue Growth (YoY)	-8.29%	6.77%	12.24%	12.50%	15.38%	8.48%
Cost of Revenue	512.93	556.14	515.13	458.42	396.09	322.53
Gross Profit	128.86	134.3	131.53	117.73	116.06	121.35
Selling, General & Admin	45.5	47.88	42.73	36.57	37.12	33.48
Research & Development	31.27	29.69	29.77	28.55	27.12	20.05
Other Operating Expenses	3.53	3.81	2.82	5.74	4.22	4.08
Operating Expenses	78.55	79.77	76.73	73.01	68.25	58.58
Operating Income	50.31	54.54	54.8	44.71	47.82	62.76
Interest Expense	-2.21	-2.07	-2.84	-3.72	-5.48	-7.44
Interest & Investment Income	2.25	2.04	1.73	1.22	0.65	0.14
Currency Exchange Gain (Loss)	1	1	2.14	3.54	-2.62	-1.57
Other Non Operating Income (Expenses)	2.22	-0.17	-0.28	-0.16	-0.93	-1.34
EBT Excluding Unusual Items	53.57	55.34	55.56	45.6	39.44	52.56
Gain (Loss) on Sale of Assets	-0.07	-0.08	0.02	-0.03	0.01	0
Asset Writedown	-1.02	-0.84	-0	-0.06	-0	-0.02
Other Unusual Items	3.96	3.96	2.23	4.77	14.36	4.71
Pretax Income	56.44	58.38	57.81	50.28	53.8	57.25
Income Tax Expense	5.09	4.4	4.46	3.36	4.39	6.51
Net Income	51.34	53.98	53.35	46.92	49.41	50.75
Net Income to Common	51.34	53.98	53.35	46.92	49.41	50.75
Net Income Growth	-2.07%	1.18%	13.71%	-5.05%	-2.64%	45.77%
Shares Outstanding (Basic)	155	154	152	151	134	115
Shares Outstanding (Diluted)	155	154	152	151	134	115
Shares Change (YoY)	2.82%	1.18%	0.71%	13.33%	15.78%	-0.61%
EPS (Basic)	0.33	0.35	0.35	0.31	0.37	0.44
EPS (Diluted)	0.33	0.35	0.35	0.31	0.37	0.44
EPS Growth	-4.76%	-	12.90%	-16.22%	-15.91%	46.67%
Free Cash Flow	78.04	65.68	17.32	49.47	-81.21	14.9
Free Cash Flow Per Share	0.50	0.43	0.11	0.33	-0.61	0.13
Dividend Per Share	0.150	0.230	0.150	0.150	0.100	-
Dividend Growth	-34.78%	53.33%	-	50.00%	-	-
Gross Margin	20.08%	19.45%	20.34%	20.43%	22.66%	27.34%
Operating Margin	7.84%	7.90%	8.48%	7.76%	9.34%	14.14%
Profit Margin	8.00%	7.82%	8.25%	8.14%	9.65%	11.43%
Free Cash Flow Margin	12.16%	9.51%	2.68%	8.59%	-15.86%	3.36%
EBITDA	108.09	109.26	105.44	89.06	87.17	95.74
EBITDA Margin	16.84%	15.82%	16.30%	15.46%	17.02%	21.57%
D&A For EBITDA	57.78	54.72	50.63	44.34	39.36	32.98
EBIT	50.31	54.54	54.8	44.71	47.82	62.76
EBIT Margin	7.84%	7.90%	8.48%	7.76%	9.34%	14.14%
Effective Tax Rate	9.03%	7.54%	7.71%	6.69%	8.16%	11.36%
Revenue as Reported	641.79	690.44	646.65	576.14	512.15	443.88

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