SHE:301389 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	370.14	287.64	263.9	375.8	428.25	425.24
Other Revenue	0.3	0.3	1.45	0.65	0.09	0.1
Revenue	370.44	287.94	265.36	376.45	428.34	425.34
Revenue Growth (YoY)	34.23%	8.51%	-29.51%	-12.12%	0.70%	58.44%
Cost of Revenue	185.72	158	153.56	172.99	160.24	148.66
Gross Profit	184.72	129.95	111.8	203.46	268.1	276.68
Selling, General & Admin	58.86	45.72	34.96	22.88	26.86	47.97
Research & Development	21.98	25.27	24.06	21.59	21.39	17.9
Other Operating Expenses	3.17	2.59	1.8	3.4	4.22	3.65
Operating Expenses	85.03	73.97	59.49	45.55	52.1	72.79
Operating Income	99.69	55.98	52.31	157.91	216	203.9
Interest Expense	-2.25	-0.62	-0.65	-0.33	-0.27	-0.02
Interest & Investment Income	35.15	37	54.85	22.57	9.16	5.26
Currency Exchange Gain (Loss)	2.45	2.45	3.42	16.46	-2.64	-13.1
Other Non Operating Income (Expenses)	-3.34	-0.13	-0.1	-0.19	-0.04	-0.02
EBT Excluding Unusual Items	131.69	94.68	109.84	196.42	222.22	196.01
Gain (Loss) on Sale of Investments	-0.25	0.16	1.48	1.33	0.3	-
Gain (Loss) on Sale of Assets	-0.09	0.01	-0	0.04	0	0.01
Asset Writedown	2.41	-0	-0.01	-0.07	-	-0.03
Other Unusual Items	1.37	2.03	2.28	0.07	7.64	3.17
Pretax Income	135.14	96.87	113.59	197.79	230.16	199.16
Income Tax Expense	19.39	14.64	16.83	28.93	32.48	32.53
Net Income	111.29	82.23	96.76	168.86	197.68	166.63
Net Income to Common	111.29	82.23	96.76	168.86	197.68	166.63
Net Income Growth	59.87%	-15.02%	-42.70%	-14.58%	18.63%	57.44%
Shares Outstanding (Basic)	287	284	285	225	213	196
Shares Outstanding (Diluted)	287	284	285	225	213	196
Shares Change (YoY)	3.00%	-0.36%	26.41%	5.92%	8.43%	0.02%
EPS (Basic)	0.39	0.29	0.34	0.75	0.93	0.85
EPS (Diluted)	0.39	0.29	0.34	0.75	0.93	0.85
EPS Growth	55.22%	-14.71%	-54.67%	-19.36%	9.41%	57.41%
Free Cash Flow	-41.32	6.31	-18.66	156.29	189.4	123.76
Free Cash Flow Per Share	-0.14	0.02	-0.07	0.69	0.89	0.63
Dividend Per Share	0.520	0.250	0.300	0.700	-	-
Dividend Growth	73.33%	-16.67%	-57.14%	-	-	-
Gross Margin	49.86%	45.13%	42.13%	54.05%	62.59%	65.05%
Operating Margin	26.91%	19.44%	19.71%	41.95%	50.43%	47.94%
Profit Margin	30.04%	28.56%	36.46%	44.86%	46.15%	39.18%
Free Cash Flow Margin	-11.15%	2.19%	-7.03%	41.52%	44.22%	29.10%
EBITDA	121.61	72.33	61.24	165.5	222.42	207.66
EBITDA Margin	32.83%	25.12%	23.08%	43.96%	51.92%	48.82%
D&A For EBITDA	21.92	16.35	8.93	7.59	6.41	3.77
EBIT	99.69	55.98	52.31	157.91	216	203.9
EBIT Margin	26.91%	19.44%	19.71%	41.95%	50.43%	47.94%
Effective Tax Rate	14.35%	15.11%	14.81%	14.63%	14.11%	16.33%
Revenue as Reported	370.44	287.94	265.36	376.45	428.34	425.34

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