SHE:301398 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	409.11	404.84	346.83	265.98	214.68	171.55
Other Revenue	3.77	3.77	5.39	4.63	4.33	2.43
Revenue	412.87	408.6	352.22	270.61	219.01	173.98
Revenue Growth (YoY)	6.81%	16.01%	30.16%	23.56%	25.88%	18.36%
Cost of Revenue	280.22	268.36	229.57	170.66	127.67	80.05
Gross Profit	132.65	140.25	122.64	99.95	91.35	93.93
Selling, General & Admin	39.49	38.04	32.73	24.24	21.57	15.61
Research & Development	24.32	21.3	19.81	15.06	11.17	8.34
Other Operating Expenses	4.81	4.08	3.42	3.13	1.84	1.88
Operating Expenses	70.33	66.15	58.31	46	35.74	26.3
Operating Income	62.32	74.1	64.33	53.95	55.6	67.64
Interest Expense	-	-	-0.07	-1.99	-1.33	-0.04
Interest & Investment Income	8.01	10.08	14.89	0.54	1.04	1.66
Currency Exchange Gain (Loss)	0.98	0.98	2.33	6.23	-1.91	-3.04
Other Non Operating Income (Expenses)	2.13	-0.41	-0.45	0.27	-0.27	-0.24
EBT Excluding Unusual Items	73.45	84.75	81.04	59	53.13	65.98
Gain (Loss) on Sale of Investments	0.17	0.45	-	0.01	0.7	-
Gain (Loss) on Sale of Assets	0.3	-	-	-	-	-0.01
Asset Writedown	-2.2	-0.06	-0.03	-0.12	-0.24	-0.01
Other Unusual Items	6.02	6.02	9.71	4.33	7.85	4.1
Pretax Income	77.74	91.15	90.71	63.23	61.45	70.06
Income Tax Expense	8.42	10.82	10.63	7	7.8	9.86
Net Income	69.33	80.33	80.08	56.23	53.65	60.2
Net Income to Common	69.33	80.33	80.08	56.23	53.65	60.2
Net Income Growth	-11.02%	0.31%	42.42%	4.82%	-10.89%	22.38%
Shares Outstanding (Basic)	112	112	112	84	84	84
Shares Outstanding (Diluted)	112	112	112	84	84	84
Shares Change (YoY)	0.31%	0.31%	33.86%	-0.75%	0.45%	0.01%
EPS (Basic)	0.62	0.71	0.71	0.67	0.64	0.72
EPS (Diluted)	0.62	0.71	0.71	0.67	0.64	0.72
EPS Growth	-11.30%	-	6.39%	5.62%	-11.29%	22.37%
Free Cash Flow	-89.46	-102.85	-18.09	-40.57	-58.23	27.65
Free Cash Flow Per Share	-0.80	-0.92	-0.16	-0.48	-0.69	0.33
Dividend Per Share	0.268	0.268	0.250	0.225	-	-
Dividend Growth	7.16%	7.16%	11.11%	-	-	-
Gross Margin	32.13%	34.32%	34.82%	36.93%	41.71%	53.99%
Operating Margin	15.10%	18.14%	18.27%	19.94%	25.39%	38.87%
Profit Margin	16.79%	19.66%	22.74%	20.78%	24.49%	34.60%
Free Cash Flow Margin	-21.67%	-25.17%	-5.14%	-14.99%	-26.59%	15.89%
EBITDA	97.37	105.03	89.77	77.12	72.33	78.13
EBITDA Margin	23.58%	25.70%	25.49%	28.50%	33.02%	44.91%
D&A For EBITDA	35.05	30.93	25.43	23.17	16.72	10.5
EBIT	62.32	74.1	64.33	53.95	55.6	67.64
EBIT Margin	15.10%	18.14%	18.27%	19.94%	25.39%	38.87%
Effective Tax Rate	10.83%	11.87%	11.71%	11.07%	12.70%	14.08%
Revenue as Reported	412.87	408.6	352.22	270.61	219.01	173.98

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