SHE:301160 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	1,442	1,412	1,282	1,158	1,063	676.42
Other Revenue	73.43	73.43	71.43	54.17	-	35.39
Revenue	1,516	1,485	1,353	1,212	1,063	711.81
Revenue Growth (YoY)	2.34%	9.74%	11.69%	14.00%	49.34%	24.52%
Cost of Revenue	1,132	1,103	1,011	950.56	839.38	560.13
Gross Profit	384.16	382.27	342.71	261.28	223.63	151.68
Selling, General & Admin	74.58	87.9	75.91	47.98	36.53	37.19
Research & Development	60.57	61.25	50.95	43.49	37.8	23.77
Other Operating Expenses	5.04	-0.67	2.62	5.09	1.67	3.26
Operating Expenses	141.7	149.62	133.39	99.31	79.58	67.25
Operating Income	242.46	232.65	209.32	161.97	144.04	84.44
Interest Expense	-3.78	-2.77	-3.54	-7.39	-7.37	-8.19
Interest & Investment Income	2.58	3.13	6.9	4.57	0.35	0.13
Currency Exchange Gain (Loss)	0.18	0.18	0.2	0.09	-	-
Other Non Operating Income (Expenses)	0.72	-0.07	-0.1	0.04	0.1	0.15
EBT Excluding Unusual Items	242.16	233.12	212.77	159.28	137.11	76.53
Gain (Loss) on Sale of Investments	0.28	0.33	1.11	0.57	-	-
Gain (Loss) on Sale of Assets	0.09	-0.21	-0.18	-0	-0.6	-
Asset Writedown	-0.51	-	-0.02	-	-0.04	-
Other Unusual Items	2.53	2.31	17.11	1.53	1.83	1.97
Pretax Income	244.55	235.55	230.78	161.37	138.3	78.5
Income Tax Expense	24.94	28.61	30.07	20.22	17.69	10.29
Net Income	219.61	206.94	200.72	141.15	120.61	68.22
Net Income to Common	219.61	206.94	200.72	141.15	120.61	68.22
Net Income Growth	8.64%	3.10%	42.20%	17.03%	76.81%	10.43%
Shares Outstanding (Basic)	112	112	108	97	81	81
Shares Outstanding (Diluted)	115	115	109	97	81	81
Shares Change (YoY)	2.07%	5.46%	11.96%	19.25%	0.33%	-0.43%
EPS (Basic)	1.97	1.86	1.86	1.46	1.48	0.84
EPS (Diluted)	1.92	1.81	1.85	1.46	1.48	0.84
EPS Growth	6.44%	-2.24%	27.01%	-1.86%	76.23%	10.91%
Free Cash Flow	-189.72	-163.11	-31.6	-23.66	3.23	13.78
Free Cash Flow Per Share	-1.66	-1.42	-0.29	-0.24	0.04	0.17
Dividend Per Share	0.690	0.690	0.697	0.931	-	-
Dividend Growth	-0.99%	-0.99%	-25.18%	-	-	-
Gross Margin	25.35%	25.74%	25.32%	21.56%	21.04%	21.31%
Operating Margin	16.00%	15.66%	15.47%	13.36%	13.55%	11.86%
Profit Margin	14.49%	13.93%	14.83%	11.65%	11.35%	9.58%
Free Cash Flow Margin	-12.52%	-10.98%	-2.33%	-1.95%	0.30%	1.94%
EBITDA	265.31	256.05	233.46	185.61	166.65	101.94
EBITDA Margin	17.50%	17.24%	17.25%	15.32%	15.68%	14.32%
D&A For EBITDA	22.85	23.4	24.14	23.64	22.6	17.5
EBIT	242.46	232.65	209.32	161.97	144.04	84.44
EBIT Margin	16.00%	15.66%	15.47%	13.36%	13.55%	11.86%
Effective Tax Rate	10.20%	12.15%	13.03%	12.53%	12.79%	13.10%
Revenue as Reported	1,516	1,485	1,353	1,212	1,063	711.81

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