SHE:301119 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	455.17	418.54	414.03	424.93	350.95	281
Other Revenue	3.7	3.7	3.38	2.86	3.16	1.1
Revenue	458.88	422.24	417.41	427.79	354.11	282.1
Revenue Growth (YoY)	11.10%	1.16%	-2.43%	20.81%	25.53%	-7.55%
Cost of Revenue	317.31	288.12	279.93	299.69	260.57	195.33
Gross Profit	141.57	134.13	137.48	128.1	93.54	86.77
Selling, General & Admin	24.75	26.9	24.51	24.31	21.56	17.28
Research & Development	19.06	20.64	18.02	19.07	16.09	12.62
Other Operating Expenses	3.28	2.45	3.89	3.44	2.08	2.45
Operating Expenses	48.19	51.15	46.22	47.79	40.77	32.84
Operating Income	93.38	82.98	91.26	80.31	52.77	53.93
Interest Expense	-4.96	-4.11	-3.41	-0.42	-0.05	-0.03
Interest & Investment Income	37.01	16.76	20.53	15.47	5.53	4.13
Currency Exchange Gain (Loss)	1.24	1.24	2.3	3.32	-1.09	-2.91
Other Non Operating Income (Expenses)	1.66	-0.43	-0.12	-0.35	-0.15	-0.25
EBT Excluding Unusual Items	128.33	96.43	110.55	98.33	57.01	54.86
Gain (Loss) on Sale of Investments	0.83	2.54	-3.42	-0.46	-	-
Gain (Loss) on Sale of Assets	0.07	-0.11	-0.16	0.01	-0.08	-0.02
Asset Writedown	-0.98	-0.01	-0	-	-	-0.2
Other Unusual Items	4.69	4.69	3.43	12.28	2.16	6.2
Pretax Income	132.94	103.54	110.4	110.15	59.09	60.85
Income Tax Expense	17.49	13.17	13.57	12.1	6.08	7.93
Earnings From Continuing Operations	115.45	90.36	96.83	98.04	53.01	52.92
Minority Interest in Earnings	0.23	0.57	0.09	-	-	-
Net Income	115.68	90.93	96.92	98.04	53.01	52.92
Net Income to Common	115.68	90.93	96.92	98.04	53.01	52.92
Net Income Growth	32.31%	-6.18%	-1.15%	84.95%	0.17%	2.90%
Shares Outstanding (Basic)	105	105	104	105	80	78
Shares Outstanding (Diluted)	105	105	104	105	80	78
Shares Change (YoY)	1.24%	0.29%	-1.15%	31.56%	2.50%	0.23%
EPS (Basic)	1.10	0.87	0.93	0.93	0.66	0.68
EPS (Diluted)	1.10	0.87	0.93	0.93	0.66	0.68
EPS Growth	30.69%	-6.45%	-	40.59%	-2.27%	2.67%
Free Cash Flow	-9.81	22.16	76.08	175.89	32.23	39.76
Free Cash Flow Per Share	-0.09	0.21	0.73	1.67	0.40	0.51
Dividend Per Share	0.920	1.020	0.100	0.115	0.058	-
Dividend Growth	360.00%	920.00%	-13.35%	100.00%	-	-
Gross Margin	30.85%	31.77%	32.94%	29.94%	26.41%	30.76%
Operating Margin	20.35%	19.65%	21.86%	18.77%	14.90%	19.12%
Profit Margin	25.21%	21.54%	23.22%	22.92%	14.97%	18.76%
Free Cash Flow Margin	-2.14%	5.25%	18.23%	41.12%	9.10%	14.09%
EBITDA	110.79	99.91	107.56	94.26	64.52	64.67
EBITDA Margin	24.14%	23.66%	25.77%	22.03%	18.22%	22.92%
D&A For EBITDA	17.41	16.93	16.3	13.95	11.75	10.74
EBIT	93.38	82.98	91.26	80.31	52.77	53.93
EBIT Margin	20.35%	19.65%	21.86%	18.77%	14.90%	19.12%
Effective Tax Rate	13.16%	12.72%	12.29%	10.99%	10.29%	13.03%
Revenue as Reported	458.88	422.24	417.41	427.79	354.11	282.1

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