SHE:301252 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,174	1,096	926.78	770.75	743.3	460
Other Revenue	37.99	37.99	53.29	38.16	40.45	41.89
Revenue	1,212	1,134	980.07	808.91	783.75	501.88
Revenue Growth (YoY)	13.92%	15.66%	21.16%	3.21%	56.16%	21.51%
Cost of Revenue	981.46	901.22	751.94	638.29	622.57	387.33
Gross Profit	230.19	232.32	228.13	170.62	161.17	114.56
Selling, General & Admin	84.85	74.59	64.81	56.75	48.44	35.3
Research & Development	39.41	34.61	35.93	25.15	25.84	18.69
Other Operating Expenses	-14.3	-1.93	1.9	1.48	-1.6	-3.85
Operating Expenses	107.31	112.52	106.01	83.77	75.82	53.66
Operating Income	122.88	119.8	122.12	86.85	85.36	60.9
Interest Expense	-1.76	-2.09	-4.04	-5.25	-5.51	-5.31
Interest & Investment Income	11.8	18.12	12.82	3.18	1.78	1.54
Currency Exchange Gain (Loss)	2.01	2.01	1.4	5.06	-1.01	-1.19
Other Non Operating Income (Expenses)	2.07	-0.23	-1.04	-0.25	-0.16	-0.16
EBT Excluding Unusual Items	137.01	137.6	131.26	89.6	80.45	55.78
Gain (Loss) on Sale of Investments	1.82	1.2	-	0.18	-	-
Gain (Loss) on Sale of Assets	0.01	0.1	0.08	0.01	0	0.03
Asset Writedown	-1.93	-1.94	-0	-0.01	-0.01	-0.07
Other Unusual Items	-4.42	10.56	6.84	5.09	-2.22	-1.65
Pretax Income	132.5	147.51	138.18	94.87	78.23	54.1
Income Tax Expense	17.95	20.71	18.77	11.34	9.89	7.67
Earnings From Continuing Operations	114.56	126.8	119.41	83.53	68.34	46.43
Minority Interest in Earnings	0	0	-0	0.79	1.43	1.59
Net Income	114.56	126.8	119.41	84.32	69.77	48.02
Net Income to Common	114.56	126.8	119.41	84.32	69.77	48.02
Net Income Growth	-6.26%	6.19%	41.63%	20.86%	45.28%	16.54%
Shares Outstanding (Basic)	194	169	156	126	126	126
Shares Outstanding (Diluted)	196	169	156	126	126	126
Shares Change (YoY)	46.58%	8.14%	24.07%	-0.33%	-	-
EPS (Basic)	0.59	0.75	0.77	0.67	0.55	0.38
EPS (Diluted)	0.58	0.75	0.77	0.67	0.55	0.38
EPS Growth	-36.05%	-1.80%	14.15%	21.55%	44.99%	16.49%
Free Cash Flow	34.57	-23.17	-56.44	2.41	-35.91	-39.08
Free Cash Flow Per Share	0.18	-0.14	-0.36	0.02	-0.28	-0.31
Dividend Per Share	0.172	0.172	0.357	-	-	-
Dividend Growth	-51.67%	-51.67%	-	-	-	-
Gross Margin	19.00%	20.50%	23.28%	21.09%	20.56%	22.82%
Operating Margin	10.14%	10.57%	12.46%	10.74%	10.89%	12.13%
Profit Margin	9.46%	11.19%	12.18%	10.42%	8.90%	9.57%
Free Cash Flow Margin	2.85%	-2.04%	-5.76%	0.30%	-4.58%	-7.79%
EBITDA	149.94	144.39	143.43	107.27	103.65	75.54
EBITDA Margin	12.38%	12.74%	14.64%	13.26%	13.23%	15.05%
D&A For EBITDA	27.06	24.6	21.31	20.42	18.29	14.64
EBIT	122.88	119.8	122.12	86.85	85.36	60.9
EBIT Margin	10.14%	10.57%	12.46%	10.74%	10.89%	12.13%
Effective Tax Rate	13.54%	14.04%	13.58%	11.96%	12.65%	14.18%
Revenue as Reported	915.5	1,134	980.07	808.91	-	-

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