SHE:301272 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	570.1	596.17	554.58	447.64	382.48	299.23
Other Revenue	0.57	0.57	0.41	0.43	0.42	1.29
Revenue	570.66	596.73	554.99	448.07	382.9	300.52
Revenue Growth (YoY)	-1.89%	7.52%	23.86%	17.02%	27.41%	19.57%
Cost of Revenue	433.4	444.66	400.75	332.53	300.25	209.83
Gross Profit	137.26	152.08	154.24	115.54	82.65	90.69
Selling, General & Admin	46.94	43.4	37	24.5	19.5	21.08
Research & Development	65.44	48.61	26.11	15.3	12.44	9.99
Other Operating Expenses	3.52	-0.57	1.48	2.02	-3.08	0.32
Operating Expenses	116.77	91.68	64.7	42.65	29.46	32.34
Operating Income	20.49	60.4	89.53	72.89	53.19	58.35
Interest Expense	-0.16	-0.02	-0.44	-0.11	-0.07	-0.01
Interest & Investment Income	11.1	16.62	9.54	2.29	4.45	1.57
Currency Exchange Gain (Loss)	1.03	1.03	0.14	3.44	-1.82	-2.26
Other Non Operating Income (Expenses)	0.65	-0.2	-0.11	-0.09	-0.07	-0.26
EBT Excluding Unusual Items	33.12	77.83	98.67	78.42	55.68	57.39
Gain (Loss) on Sale of Investments	0.46	0.46	-	-	-	-
Gain (Loss) on Sale of Assets	0.02	0.02	-	-	-	-
Asset Writedown	0.56	-0.63	-0.57	-0.01	-0	-
Other Unusual Items	3.84	2.71	0.58	2.64	-	-
Pretax Income	38.01	80.38	98.68	81.05	55.68	57.39
Income Tax Expense	-1.55	6.22	11.29	10.68	6.98	8.26
Net Income	39.56	74.17	87.39	70.37	48.69	49.12
Net Income to Common	39.56	74.17	87.39	70.37	48.69	49.12
Net Income Growth	-49.66%	-15.14%	24.20%	44.51%	-0.87%	56.87%
Shares Outstanding (Basic)	59	58	50	44	44	41
Shares Outstanding (Diluted)	59	58	50	44	44	41
Shares Change (YoY)	-0.32%	16.94%	13.55%	0.21%	7.97%	-
EPS (Basic)	0.68	1.27	1.75	1.60	1.11	1.21
EPS (Diluted)	0.68	1.27	1.75	1.60	1.11	1.21
EPS Growth	-49.50%	-27.43%	9.38%	44.20%	-8.19%	-
Free Cash Flow	-42.72	-30.3	20	-5.3	19.88	32.38
Free Cash Flow Per Share	-0.73	-0.52	0.40	-0.12	0.45	0.80
Dividend Per Share	0.680	0.600	0.510	-	-	-
Dividend Growth	33.33%	17.65%	-	-	-	-
Gross Margin	24.05%	25.49%	27.79%	25.79%	21.59%	30.18%
Operating Margin	3.59%	10.12%	16.13%	16.27%	13.89%	19.42%
Profit Margin	6.93%	12.43%	15.75%	15.70%	12.72%	16.35%
Free Cash Flow Margin	-7.49%	-5.08%	3.60%	-1.18%	5.19%	10.78%
EBITDA	43.66	79.79	103.87	80.35	59.71	64.5
EBITDA Margin	7.65%	13.37%	18.72%	17.93%	15.59%	21.46%
D&A For EBITDA	23.17	19.38	14.34	7.46	6.51	6.15
EBIT	20.49	60.4	89.53	72.89	53.19	58.35
EBIT Margin	3.59%	10.12%	16.13%	16.27%	13.89%	19.42%
Effective Tax Rate	-	7.74%	11.44%	13.18%	12.54%	14.40%
Revenue as Reported	570.66	596.73	554.99	448.07	-	-

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