SHE:301203 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	309.39	315.12	308.98	363.38	328.91	455.75
Other Revenue	0.49	0.49	0.5	2.94	1.71	0.5
Revenue	309.88	315.61	309.48	366.32	330.61	456.25
Revenue Growth (YoY)	-1.32%	1.98%	-15.52%	10.80%	-27.54%	25.46%
Cost of Revenue	140.64	143.64	128.33	174.58	147.09	210.01
Gross Profit	169.24	171.97	181.15	191.74	183.53	246.24
Selling, General & Admin	24.12	24.07	30.06	21.31	23.64	22.93
Research & Development	24.78	25.91	24.23	19.64	20.98	26.78
Other Operating Expenses	-6.14	-5.31	-6.72	-5.49	-7.05	-11.79
Operating Expenses	48.94	47.71	48.16	37.96	39.02	35.92
Operating Income	120.29	124.26	132.99	153.78	144.51	210.31
Interest Expense	-0.29	-0.2	-0.18	-0.15	-0.14	-
Interest & Investment Income	21.6	22.1	23.66	13.91	5.89	3.37
Currency Exchange Gain (Loss)	0	0	-	-	-	-
Other Non Operating Income (Expenses)	-1.31	-1.34	-0.49	0.4	-0.58	-0.14
EBT Excluding Unusual Items	140.3	144.82	155.97	167.95	149.68	213.55
Gain (Loss) on Sale of Assets	0.68	0.09	0.01	0.16	-0.01	0.01
Asset Writedown	-0.21	-	-	-	-0.03	-0.12
Other Unusual Items	9.49	9.69	6.24	7.24	15.33	0.86
Pretax Income	150.29	154.6	162.22	175.35	164.98	214.3
Income Tax Expense	19.18	20.23	19.77	23.92	22.55	27.42
Earnings From Continuing Operations	131.11	134.37	142.45	151.43	142.43	186.87
Minority Interest in Earnings	-2.24	-2.45	-3.89	-3.23	-1.94	-2.69
Net Income	128.87	131.92	138.57	148.19	140.49	184.18
Net Income to Common	128.87	131.92	138.57	148.19	140.49	184.18
Net Income Growth	1.46%	-4.79%	-6.49%	5.48%	-23.72%	74.15%
Shares Outstanding (Basic)	80	80	75	60	60	60
Shares Outstanding (Diluted)	80	80	75	60	60	60
Shares Change (YoY)	0.36%	6.74%	24.84%	-0.07%	0.06%	-
EPS (Basic)	1.61	1.65	1.85	2.47	2.34	3.07
EPS (Diluted)	1.61	1.65	1.85	2.47	2.34	3.07
EPS Growth	1.10%	-10.81%	-25.10%	5.56%	-23.77%	74.41%
Free Cash Flow	104.41	75.15	122.46	72.44	40.94	178.01
Free Cash Flow Per Share	1.30	0.94	1.64	1.21	0.68	2.97
Dividend Per Share	0.700	1.500	1.500	1.500	1.000	1.000
Dividend Growth	-69.56%	-	-	50.00%	-	-
Gross Margin	54.61%	54.49%	58.53%	52.34%	55.51%	53.97%
Operating Margin	38.82%	39.37%	42.97%	41.98%	43.71%	46.10%
Profit Margin	41.59%	41.80%	44.77%	40.45%	42.49%	40.37%
Free Cash Flow Margin	33.70%	23.81%	39.57%	19.78%	12.38%	39.02%
EBITDA	123.28	128.47	138.83	162.65	153.78	220.61
EBITDA Margin	39.78%	40.71%	44.86%	44.40%	46.51%	48.35%
D&A For EBITDA	2.99	4.21	5.84	8.87	9.27	10.3
EBIT	120.29	124.26	132.99	153.78	144.51	210.31
EBIT Margin	38.82%	39.37%	42.97%	41.98%	43.71%	46.10%
Effective Tax Rate	12.76%	13.08%	12.19%	13.64%	13.67%	12.80%
Revenue as Reported	309.88	315.61	309.48	366.32	330.61	-

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