SHE:301297 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	988.78	776.43	601.66	602.22	561.52	470.66
Other Revenue	4.03	4.03	7.51	21.53	7.74	12.01
Revenue	992.81	780.46	609.17	623.76	569.26	482.68
Revenue Growth (YoY)	-52.59%	28.12%	-2.34%	9.57%	17.94%	49.96%
Cost of Revenue	657.06	475.88	379.36	406.11	360.02	300.31
Gross Profit	335.75	304.58	229.81	217.65	209.24	182.37
Selling, General & Admin	178.84	132.95	95.64	84.53	76.59	63.53
Research & Development	54.54	61.02	46.91	40.97	35.54	27.01
Other Operating Expenses	-0.32	5.29	6.44	5.15	4.9	3.61
Operating Expenses	234.51	201.07	150.3	131.69	117.9	95.27
Operating Income	101.25	103.51	79.51	85.95	91.34	87.11
Interest Expense	-3.63	-0.83	-2.01	-2.69	-0.1	-4.21
Interest & Investment Income	1.58	9.79	11.7	1.41	0.56	0.9
Currency Exchange Gain (Loss)	-1.2	-1.2	-0.32	-0.55	-0.05	0.49
Other Non Operating Income (Expenses)	4.23	-0.14	-1.03	-0.12	-0.13	-0.09
EBT Excluding Unusual Items	102.23	111.13	87.85	84	91.61	84.19
Gain (Loss) on Sale of Investments	2.09	0.81	0.94	-0.07	-	-
Gain (Loss) on Sale of Assets	0.5	0	0	-0.85	-0.09	-
Asset Writedown	-15.61	-0.12	-0.14	-0.06	-0.01	-0.24
Other Unusual Items	11.89	11.89	19.66	15.69	8.74	4.76
Pretax Income	101.1	123.72	108.31	98.72	100.24	88.71
Income Tax Expense	4.45	14.84	14.41	10.64	12.37	12.71
Net Income	135.38	108.88	93.9	88.08	87.88	76
Net Income to Common	135.38	108.88	93.9	88.08	87.88	76
Net Income Growth	-35.82%	15.95%	6.61%	0.23%	15.63%	73.06%
Shares Outstanding (Basic)	382	338	338	254	254	230
Shares Outstanding (Diluted)	401	344	338	254	254	230
Shares Change (YoY)	-15.39%	1.60%	33.34%	-0.00%	10.19%	-
EPS (Basic)	0.35	0.32	0.28	0.35	0.35	0.33
EPS (Diluted)	0.34	0.32	0.28	0.35	0.35	0.33
EPS Growth	-24.14%	14.13%	-20.05%	0.23%	4.94%	-
Free Cash Flow	310.43	81.96	16.35	-6.23	-100.34	50.65
Free Cash Flow Per Share	0.77	0.24	0.05	-0.03	-0.40	0.22
Dividend Per Share	0.161	0.056	0.080	0.080	-	-
Dividend Growth	101.61%	-29.61%	-	-	-	-
Gross Margin	33.82%	39.03%	37.72%	34.89%	36.76%	37.78%
Operating Margin	10.20%	13.26%	13.05%	13.78%	16.05%	18.05%
Profit Margin	13.64%	13.95%	15.41%	14.12%	15.44%	15.75%
Free Cash Flow Margin	31.27%	10.50%	2.68%	-1.00%	-17.63%	10.49%
EBITDA	160.76	160.33	132.74	125.65	126.58	118.5
EBITDA Margin	16.19%	20.54%	21.79%	20.14%	22.23%	24.55%
D&A For EBITDA	59.51	56.82	53.23	39.69	35.24	31.4
EBIT	101.25	103.51	79.51	85.95	91.34	87.11
EBIT Margin	10.20%	13.26%	13.05%	13.78%	16.05%	18.05%
Effective Tax Rate	4.40%	12.00%	13.31%	10.78%	12.34%	14.33%
Revenue as Reported	992.81	780.46	609.17	623.76	569.26	-

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