SHE:301459 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	924.83	920.95	779.05	594.5	543.4	415.49
Other Revenue	27.63	27.63	22.52	13.53	11.26	4.85
Revenue	952.46	948.58	801.58	608.03	554.66	420.35
Revenue Growth (YoY)	9.81%	18.34%	31.83%	9.62%	31.95%	7.06%
Cost of Revenue	705.52	667.1	567.34	435.26	408.92	296.9
Gross Profit	246.93	281.48	234.23	172.78	145.74	123.44
Selling, General & Admin	74.28	68.94	52.38	41.83	42.13	32.63
Research & Development	46.16	47.19	36.21	25.74	23.42	18.39
Other Operating Expenses	12.78	5.14	6.17	-2.02	4.24	2.97
Operating Expenses	137.33	125.34	97.05	67.04	70.87	55.45
Operating Income	109.6	156.15	137.19	105.74	74.86	67.99
Interest Expense	-	-0.34	-	-0.01	-1.47	-4.08
Interest & Investment Income	13.47	17.3	3.8	0.65	1.26	0.73
Currency Exchange Gain (Loss)	1.95	1.95	3.53	2.52	-1.28	-3.4
Other Non Operating Income (Expenses)	-1.7	-1.87	-0.81	5.27	-0.39	-0.03
EBT Excluding Unusual Items	123.33	173.19	143.7	114.18	72.99	61.22
Gain (Loss) on Sale of Investments	0.41	0.41	0.12	-0.63	1.78	0.26
Gain (Loss) on Sale of Assets	0.01	0.07	-0.08	0.4	0.32	-0.04
Other Unusual Items	26.1	9.87	12.97	-	4.73	2.59
Pretax Income	146.79	183.54	156.72	113.95	79.81	64.03
Income Tax Expense	18.26	21.82	18.54	11.7	9.8	8.46
Net Income	129.11	161.72	138.18	102.25	70.02	55.57
Net Income to Common	129.11	161.72	138.18	102.25	70.02	55.57
Net Income Growth	-7.83%	17.03%	35.14%	46.03%	25.99%	26.36%
Shares Outstanding (Basic)	122	104	79	78	78	75
Shares Outstanding (Diluted)	122	104	79	78	78	75
Shares Change (YoY)	50.30%	30.95%	1.90%	0.26%	3.38%	-
EPS (Basic)	1.06	1.55	1.74	1.31	0.90	0.74
EPS (Diluted)	1.06	1.55	1.74	1.31	0.90	0.74
EPS Growth	-38.68%	-10.62%	32.94%	45.30%	21.87%	-
Free Cash Flow	-160.04	14.49	94.61	33.26	88.88	-11.59
Free Cash Flow Per Share	-1.31	0.14	1.19	0.43	1.14	-0.15
Dividend Per Share	0.385	0.385	0.308	-	-	-
Dividend Growth	24.99%	24.99%	-	-	-	-
Gross Margin	25.93%	29.67%	29.22%	28.42%	26.27%	29.37%
Operating Margin	11.51%	16.46%	17.11%	17.39%	13.50%	16.18%
Profit Margin	13.55%	17.05%	17.24%	16.82%	12.62%	13.22%
Free Cash Flow Margin	-16.80%	1.53%	11.80%	5.47%	16.02%	-2.76%
EBITDA	137.86	180.67	156.73	121.58	89.14	80.8
EBITDA Margin	14.47%	19.05%	19.55%	20.00%	16.07%	19.22%
D&A For EBITDA	28.26	24.52	19.54	15.84	14.28	12.81
EBIT	109.6	156.15	137.19	105.74	74.86	67.99
EBIT Margin	11.51%	16.46%	17.11%	17.39%	13.50%	16.18%
Effective Tax Rate	12.44%	11.89%	11.83%	10.27%	12.27%	13.21%
Revenue as Reported	952.46	948.58	801.58	-	554.66	420.35

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