SHE:301023 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	278.45	279.09	173.64	182.8	206.08	184.32
Other Revenue	3.19	3.19	0.93	0.39	0.34	0.14
Revenue	281.64	282.27	174.57	183.19	206.43	184.46
Revenue Growth (YoY)	13.41%	61.69%	-4.70%	-11.26%	11.91%	8.84%
Cost of Revenue	158.62	156.76	99.33	100.43	112.29	84.18
Gross Profit	123.02	125.51	75.25	82.76	94.14	100.28
Selling, General & Admin	27.56	23.13	17.72	15.74	14.22	10.45
Research & Development	17.26	13.2	9.27	9.86	9.84	8.26
Other Operating Expenses	3.41	2.46	1.25	2.43	1.04	2.17
Operating Expenses	48.71	41.6	28.81	28.22	25.88	21.01
Operating Income	74.31	83.91	46.43	54.54	68.26	79.27
Interest Expense	-0.02	-0.04	-0.06	-0.01	-	-
Interest & Investment Income	13.77	21.68	9.38	9.61	5.68	1.73
Currency Exchange Gain (Loss)	1.94	1.94	-0.15	21.33	-3.58	-7.51
Other Non Operating Income (Expenses)	-0.8	-0.08	-0.07	-0.09	-0.1	-0.08
EBT Excluding Unusual Items	89.19	107.4	55.53	85.38	70.27	73.41
Gain (Loss) on Sale of Investments	0.65	-1.18	-3.18	-1.01	3.04	4.85
Gain (Loss) on Sale of Assets	-	-	0.01	0	-	-
Asset Writedown	-0.26	-0.01	-0.01	-0.01	-0.01	-
Other Unusual Items	1.75	0.37	1.47	7.67	2.18	0.61
Pretax Income	91.33	106.57	53.83	92.03	75.48	78.87
Income Tax Expense	12.12	13.59	7.4	12.79	9.95	10.98
Earnings From Continuing Operations	79.21	92.98	46.43	79.24	65.53	67.89
Minority Interest in Earnings	1.56	1.53	1.17	0.55	-	-
Net Income	80.77	94.51	47.61	79.78	65.53	67.89
Net Income to Common	80.77	94.51	47.61	79.78	65.53	67.89
Net Income Growth	-0.60%	98.51%	-40.33%	21.75%	-3.48%	7.49%
Shares Outstanding (Basic)	78	77	78	79	67	59
Shares Outstanding (Diluted)	78	77	78	79	67	59
Shares Change (YoY)	1.43%	-0.61%	-1.47%	17.47%	13.66%	0.19%
EPS (Basic)	1.04	1.23	0.61	1.01	0.98	1.15
EPS (Diluted)	1.03	1.22	0.61	1.01	0.98	1.15
EPS Growth	-2.52%	98.83%	-39.44%	3.65%	-15.08%	7.29%
Free Cash Flow	56.86	26.59	3.89	36.28	37.53	69.74
Free Cash Flow Per Share	0.73	0.34	0.05	0.46	0.56	1.18
Dividend Per Share	1.129	1.071	0.664	0.723	0.333	-
Dividend Growth	-1.26%	61.28%	-8.08%	116.83%	-	-
Gross Margin	43.68%	44.47%	43.10%	45.18%	45.60%	54.36%
Operating Margin	26.38%	29.73%	26.60%	29.77%	33.07%	42.97%
Profit Margin	28.68%	33.48%	27.27%	43.55%	31.74%	36.80%
Free Cash Flow Margin	20.19%	9.42%	2.23%	19.81%	18.18%	37.81%
EBITDA	83.43	92.01	53.18	59.66	73.25	83.69
EBITDA Margin	29.62%	32.60%	30.46%	32.56%	35.49%	45.37%
D&A For EBITDA	9.12	8.1	6.75	5.11	4.99	4.42
EBIT	74.31	83.91	46.43	54.54	68.26	79.27
EBIT Margin	26.38%	29.73%	26.60%	29.77%	33.07%	42.97%
Effective Tax Rate	13.27%	12.75%	13.74%	13.90%	13.19%	13.92%
Revenue as Reported	281.64	282.27	174.57	183.19	206.43	184.46

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