SHE:301041 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	698.12	666.02	623.75	641.37	689.41	575.46
Other Revenue	16.64	16.64	11.94	10.29	10.02	6.37
Revenue	714.76	682.66	635.7	651.66	699.43	581.82
Revenue Growth (YoY)	6.84%	7.39%	-2.45%	-6.83%	20.21%	11.02%
Cost of Revenue	547.56	504.84	456.62	484.37	512.19	407.76
Gross Profit	167.21	177.81	179.08	167.28	187.24	174.07
Selling, General & Admin	108.48	99.81	99.62	96.69	96.86	74.9
Research & Development	42.19	45.79	46.72	46.21	43.53	32.11
Other Operating Expenses	0.05	0.38	2.51	4.64	5.18	5.41
Operating Expenses	153.32	148.48	148.9	154.15	147.2	114.35
Operating Income	13.89	29.33	30.18	13.14	40.04	59.72
Interest Expense	-0.05	-1.86	-1.09	-0.48	-1.18	-0.41
Interest & Investment Income	5.26	6.2	3.14	3.87	1.73	1.25
Currency Exchange Gain (Loss)	2.02	2.02	2.95	6.12	-1.15	-3.3
Other Non Operating Income (Expenses)	-2.21	-1.65	-0.57	-1.26	-0.85	-0.56
EBT Excluding Unusual Items	18.91	34.03	34.62	21.38	38.6	56.69
Gain (Loss) on Sale of Investments	1.97	0.35	0.6	0.17	-	-
Gain (Loss) on Sale of Assets	-0.21	-0.02	-0.44	-0.55	-0.04	-0.12
Asset Writedown	-1.24	-0.06	-0.02	-0.71	-0	-
Other Unusual Items	4.74	4.92	6.28	10.67	15.47	6.23
Pretax Income	24.17	39.22	41.04	30.96	54.03	62.8
Income Tax Expense	-0.03	-0.51	2.08	-2.49	3.13	6.86
Earnings From Continuing Operations	24.2	39.74	38.96	33.45	50.9	55.94
Minority Interest in Earnings	0.48	-0.68	0.68	0.42	0.5	0.46
Net Income	24.67	39.06	39.64	33.87	51.4	56.4
Net Income to Common	24.67	39.06	39.64	33.87	51.4	56.4
Net Income Growth	-27.54%	-1.45%	17.01%	-34.10%	-8.85%	18.89%
Shares Outstanding (Basic)	101	106	107	106	89	81
Shares Outstanding (Diluted)	101	106	107	106	89	81
Shares Change (YoY)	-5.51%	-1.45%	1.20%	19.44%	10.01%	0.70%
EPS (Basic)	0.25	0.37	0.37	0.32	0.58	0.70
EPS (Diluted)	0.25	0.37	0.37	0.32	0.58	0.70
EPS Growth	-23.32%	-	15.63%	-44.83%	-17.14%	18.06%
Free Cash Flow	57.87	32.55	73.1	-43.37	0.94	52.81
Free Cash Flow Per Share	0.57	0.31	0.68	-0.41	0.01	0.66
Dividend Per Share	0.100	0.100	0.060	0.048	0.073	-
Dividend Growth	66.67%	66.67%	25.00%	-34.25%	-	-
Gross Margin	23.39%	26.05%	28.17%	25.67%	26.77%	29.92%
Operating Margin	1.94%	4.30%	4.75%	2.02%	5.73%	10.26%
Profit Margin	3.45%	5.72%	6.24%	5.20%	7.35%	9.69%
Free Cash Flow Margin	8.10%	4.77%	11.50%	-6.65%	0.13%	9.08%
EBITDA	37.09	50.89	49.55	29.77	56.38	78.29
EBITDA Margin	5.19%	7.45%	7.79%	4.57%	8.06%	13.46%
D&A For EBITDA	23.2	21.56	19.37	16.63	16.34	18.57
EBIT	13.89	29.33	30.18	13.14	40.04	59.72
EBIT Margin	1.94%	4.30%	4.75%	2.02%	5.73%	10.26%
Effective Tax Rate	-	-	5.07%	-	5.79%	10.93%
Revenue as Reported	714.76	682.66	635.7	651.66	699.43	581.82

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